SRX HOLDING: what changed
What changed
SRX HOLDING
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€35,240
2025 · -€12,374+€47,614
Equity
€24,944
2025 · -€8,916+€33,860
Cash
€4,305
2025 · €2,139+€2,165
Balance sheet total
€19.2m
2025 · €19.0m+€199,446
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin +€105,795
up €105,795, from -€4,807 to €100,989
- Staff costs +€31,213
up €31,213 (+421%), from €7,410 to €38,623
- Depreciation +€24,650
up €24,650, from €0 to €24,650
- Taxes +€1,151
new in 2026: €1,151
- Other operating charges +€1,145
new in 2026: €1,145
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
-€12,374
Gross operating margin
+€105,795
Staff costs
-€31,213
Depreciation
-€24,650
Other operating charges
-€1,145
Financial charges
-€23
Taxes
-€1,151
Result 2026
€35,240
raises the resultlowers the result
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
+€116,957
Investment
-€113,412
Financing
-€1,380
Cash 2025
€2,139
From operations (derived)
+€116,957
Net result for the year
+€35,240
Depreciation
+€24,650
Receivables within one year
-€105,360
Deferred charges and accrued income
-€3,160
Trade debts
+€825
Tax, wage and social debts
+€9,918
Other debts
+€154,843
Investment (derived)
-€113,412
Investment in fixed assets (net)
-€113,412
Financing
-€1,380
Contributions, distributions and other
-€1,380
Cash 2026
€4,305
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,042,946 | €19,242,392 | +€199,446 | +1.0% |
| Fixed assets | 21/28 | €19,039,628 | €19,128,389 | +€88,761 | +0.5% |
| Tangible fixed assets | 22/27 | - | €88,761 | +€88,761 | |
| Furniture and vehicles | 24 | - | €88,761 | +€88,761 | |
| Financial fixed assets | 28 | €19,039,628 | €19,039,628 | = | 0.0% |
| Current assets | 29/58 | €3,318 | €114,003 | +€110,685 | +3,336% |
| Amounts receivable within one year | 40/41 | €1,178 | €106,538 | +€105,360 | +8,940% |
| Trade receivables | 40 | - | €90,500 | +€90,500 | |
| Other amounts receivable | 41 | €1,178 | €16,038 | +€14,860 | +1,261% |
| Cash at bank and in hand | 54/58 | €2,139 | €4,305 | +€2,165 | +101% |
| Deferred charges and accrued income | 490/1 | - | €3,160 | +€3,160 | |
| Total equity and liabilities | 10/49 | €19,042,946 | €19,242,392 | +€199,446 | +1.0% |
| Equity | 10/15 | -€8,916 | €24,944 | +€33,860 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,916 | €19,944 | +€33,860 | |
| Amounts payable | 17/49 | €19,051,862 | €19,217,448 | +€165,586 | +0.9% |
| Amounts payable within one year | 42/48 | €19,051,862 | €19,217,448 | +€165,586 | +0.9% |
| Trade debts | 44 | €339 | €1,164 | +€825 | +243% |
| Suppliers | 440/4 | €339 | €1,164 | +€825 | +243% |
| Taxes, remuneration and social security | 45 | €2,654 | €12,572 | +€9,918 | +374% |
| Taxes | 450/3 | €231 | €2,288 | +€2,057 | +890% |
| Remuneration and social security | 454/9 | €2,422 | €10,283 | +€7,861 | +324% |
| Other amounts payable | 47/48 | €19,048,869 | €19,203,713 | +€154,843 | +0.8% |
| Remuneration, social security and pensions | 62 | €7,410 | €38,623 | +€31,213 | +421% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €24,650 | +€24,650 | |
| Other operating charges | 640/8 | - | €1,145 | +€1,145 | |
| Gross operating margin | 9900 | -€4,807 | €100,989 | +€105,795 | |
| Operating profit (loss) | 9901 | -€12,217 | €36,571 | +€48,788 | |
| Financial charges | 65/66B | €158 | €180 | +€23 | +14.3% |
| Recurring financial charges | 65 | €158 | €180 | +€23 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,374 | €36,391 | +€48,765 | |
| Income taxes | 67/77 | - | €1,151 | +€1,151 | |
| Profit (loss) for the period | 9904 | -€12,374 | €35,240 | +€47,614 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,374 | €35,240 | +€47,614 |
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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 6 November 2026 via checked.be.