SRX FAWEUX: what changed
What changed
SRX FAWEUX
NACE 70.100, Activities of head offices
filed annual accounts (NBB)
Net result for the year
€14,795
2025 · €21,942-€7,147
Equity
€789,365
2025 · €774,570+€14,795
Cash
€2,139
2025 · €53,301-€51,162
Balance sheet total
€1.0m
2025 · €1.1m-€26,796
Largest movements
Assets
- Cash -€51,162
down €51,162 (-96.0%), from €53,301 to €2,139
mainly Other debts (-€48,358) and Receivables within one year (-€24,916)
- Receivables within one year +€24,916
up €24,916 (+2.5%), from €1.0m to €1.0m
of which Other amounts receivable: +€24,335
Equity and liabilities
- Other debts -€48,358
down €48,358 (-100.0%), from €48,358 to €0
- Reserves +€19,275
up €19,275 (+2.6%), from €740,858 to €760,133
of which Tax-exempt reserves: +€19,275
Income statement
- Gross operating margin -€14,684
down €14,684 (-40.2%), from €36,505 to €21,821
- Depreciation -€3,161
down €3,161 (-100%), from €3,161 to €0
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€21,942
Gross operating margin
-€14,684
Depreciation
+€3,161
Other operating charges
-€14
Financial charges
-€123
Deferred taxes and other
+€4,513
Result 2026
€14,795
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€51,712
Investment
+€550
Financing
€0
Cash 2025
€53,301
From operations (derived)
-€51,712
Net result for the year
+€14,795
Receivables within one year
-€24,916
Provisions
+€6,425
Trade debts
+€81
Tax, wage and social debts
+€540
Other debts
-€48,358
Accrued charges and deferred income
-€279
Investment (derived)
+€550
Investment in fixed assets (net)
+€550
Cash 2026
€2,139
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,070,987 | €1,044,191 | -€26,796 | -2.5% |
| Fixed assets | 21/28 | €9,500 | €8,950 | -€550 | -5.8% |
| Tangible fixed assets | 22/27 | €9,500 | €8,950 | -€550 | -5.8% |
| Land and buildings | 22 | €9,500 | €8,950 | -€550 | -5.8% |
| Current assets | 29/58 | €1,061,487 | €1,035,241 | -€26,246 | -2.5% |
| Amounts receivable within one year | 40/41 | €1,008,186 | €1,033,102 | +€24,916 | +2.5% |
| Trade receivables | 40 | - | €581 | +€581 | |
| Other amounts receivable | 41 | €1,008,186 | €1,032,521 | +€24,335 | +2.4% |
| Cash at bank and in hand | 54/58 | €53,301 | €2,139 | -€51,162 | -96.0% |
| Total equity and liabilities | 10/49 | €1,070,987 | €1,044,191 | -€26,796 | -2.5% |
| Equity | 10/15 | €774,570 | €789,365 | +€14,795 | +1.9% |
| Contributions | 10/11 | €6,129 | €6,129 | = | 0.0% |
| Reserves | 13 | €740,858 | €760,133 | +€19,275 | +2.6% |
| Non-distributable reserves | 130/1 | €5 | €5 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5 | €5 | = | 0.0% |
| Tax-exempt reserves | 132 | €740,853 | €760,128 | +€19,275 | +2.6% |
| Profit (loss) carried forward | 14 | €27,583 | €23,102 | -€4,480 | -16.2% |
| Provisions and deferred taxes | 16 | €246,951 | €253,376 | +€6,425 | +2.6% |
| Deferred taxes | 168 | €246,951 | €253,376 | +€6,425 | +2.6% |
| Amounts payable | 17/49 | €49,466 | €1,450 | -€48,016 | -97.1% |
| Amounts payable within one year | 42/48 | €48,438 | €700 | -€47,737 | -98.6% |
| Trade debts | 44 | €79 | €160 | +€81 | +102% |
| Suppliers | 440/4 | €79 | €160 | +€81 | +102% |
| Taxes, remuneration and social security | 45 | - | €540 | +€540 | |
| Taxes | 450/3 | - | €540 | +€540 | |
| Other amounts payable | 47/48 | €48,358 | €0 | -€48,358 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,029 | €750 | -€279 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,161 | €0 | -€3,161 | -100% |
| Other operating charges | 640/8 | €407 | €421 | +€14 | +3.4% |
| Gross operating margin | 9900 | €36,505 | €21,821 | -€14,684 | -40.2% |
| Operating profit (loss) | 9901 | €32,937 | €21,400 | -€11,537 | -35.0% |
| Financial charges | 65/66B | €58 | €180 | +€123 | +213% |
| Recurring financial charges | 65 | €58 | €180 | +€123 | +213% |
| Profit (loss) for the period before taxes | 9903 | €32,879 | €21,220 | -€11,660 | -35.5% |
| Transfer to deferred taxes | 680 | €10,938 | €6,425 | -€4,513 | -41.3% |
| Profit (loss) for the period | 9904 | €21,942 | €14,795 | -€7,147 | -32.6% |
| Transfer to tax-exempt reserves | 689 | €32,813 | €19,275 | -€13,538 | -41.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,871 | -€4,480 | +€6,390 | +58.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.