BART SPRIET: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BART SPRIET
Largest movements
- Cash +€34,734
up €34,734 (+785.2%), from €4,424 to €39,158
mainly Net result for the year (+€31,304) and Other debts (+€22,205)
- Tangible fixed assets -€16,305
down €16,305 (-69.0%), from €23,632 to €7,328
- Receivables within one year -€8,787
down €8,787 (-85.3%), from €10,299 to €1,513
of which Other amounts receivable: -€6,588
- Reserves -€31,663
down €31,663 (-42.3%), from €74,896 to €43,233
of which Distributable reserves: -€31,663
- Profit (loss) carried forward +€31,304
up €31,304 (+33.8%), from -€92,675 to -€61,371
- Other debts +€22,205
up €22,205 (+205.2%), from €10,823 to €33,029
- Tax, wage and social debts +€7,072
up €7,072 (+174.0%), from €4,064 to €11,136
of which Taxes: +€7,072
- Debts after one year -€6,607
down €6,607 (-100.0%), from €6,607 to €0
- Gross operating margin +€66,955
up €66,955, from -€13,577 to €53,378
- Other operating charges +€4,861
up €4,861 (+282.0%), from €1,724 to €6,585
- Depreciation -€676
down €676 (-4.3%), from €15,580 to €14,904
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,434 | €49,064 | +€9,630 | +24.4% |
| Fixed assets | 21/28 | €23,632 | €7,328 | -€16,305 | -69.0% |
| Tangible fixed assets | 22/27 | €23,632 | €7,328 | -€16,305 | -69.0% |
| Furniture and vehicles | 24 | €23,632 | €7,328 | -€16,305 | -69.0% |
| Current assets | 29/58 | €15,801 | €41,736 | +€25,935 | +164.1% |
| Amounts receivable within one year | 40/41 | €10,299 | €1,513 | -€8,787 | -85.3% |
| Trade receivables | 40 | €3,711 | €1,513 | -€2,199 | -59.2% |
| Other amounts receivable | 41 | €6,588 | €0 | -€6,588 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,424 | €39,158 | +€34,734 | +785.2% |
| Deferred charges and accrued income | 490/1 | €1,079 | €1,066 | -€13 | -1.2% |
| Total equity and liabilities | 10/49 | €39,434 | €49,064 | +€9,630 | +24.4% |
| Equity | 10/15 | -€5,379 | -€5,738 | -€359 | -6.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €74,896 | €43,233 | -€31,663 | -42.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,095 | €5,095 | = | 0.0% |
| Distributable reserves | 133 | €67,941 | €36,278 | -€31,663 | -46.6% |
| Profit (loss) carried forward | 14 | -€92,675 | -€61,371 | +€31,304 | +33.8% |
| Amounts payable | 17/49 | €44,813 | €54,802 | +€9,989 | +22.3% |
| Amounts payable after more than one year | 17 | €6,607 | €0 | -€6,607 | -100.0% |
| Financial debts | 170/4 | €6,607 | €0 | -€6,607 | -100.0% |
| Amounts payable within one year | 42/48 | €38,205 | €54,802 | +€16,597 | +43.4% |
| Current portion of amounts payable after more than one year | 42 | €13,142 | €6,607 | -€6,535 | -49.7% |
| Trade debts | 44 | €10,176 | €4,030 | -€6,146 | -60.4% |
| Suppliers | 440/4 | €10,176 | €4,030 | -€6,146 | -60.4% |
| Taxes, remuneration and social security | 45 | €4,064 | €11,136 | +€7,072 | +174.0% |
| Taxes | 450/3 | €4,064 | €11,136 | +€7,072 | +174.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €10,823 | €33,029 | +€22,205 | +205.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,580 | €14,904 | -€676 | -4.3% |
| Other operating charges | 640/8 | €1,724 | €6,585 | +€4,861 | +282.0% |
| Gross operating margin | 9900 | -€13,577 | €53,378 | +€66,955 | |
| Operating profit (loss) | 9901 | -€30,881 | €31,889 | +€62,770 | |
| Financial income | 75/76B | €30 | €0 | -€30 | -99.0% |
| Recurring financial income | 75 | €30 | €0 | -€30 | -99.0% |
| Financial charges | 65/66B | €527 | €238 | -€289 | -54.9% |
| Recurring financial charges | 65 | €527 | €238 | -€289 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | -€31,378 | €31,651 | +€63,030 | |
| Income taxes | 67/77 | €359 | €348 | -€11 | -3.2% |
| Profit (loss) for the period | 9904 | -€31,737 | €31,304 | +€63,041 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,737 | €31,304 | +€63,041 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.