De Spalt Leefhuis: what changed
De Spalt Leefhuis
Largest movements
- Receivables within one year +€54,323
up €54,323 (+131%), from €41,459 to €95,782
of which Other amounts receivable: +€44,082
- Cash +€23,321
up €23,321 (+26.1%), from €89,254 to €112,574
mainly Net result for the year (+€78,029) and Depreciation (+€26,351)
- Tangible fixed assets -€23,112
down €23,112 (-20.6%), from €111,974 to €88,862
of which Plant, machinery and equipment: -€16,833
- Reserves +€78,029
up €78,029 (+44.7%), from €174,561 to €252,590
- Tax, wage and social debts -€14,370
down €14,370 (-52.4%), from €27,436 to €13,066
of which Taxes: -€14,313
- Accrued charges and deferred income -€9,329
down €9,329 (-25.1%), from €37,149 to €27,820
- Gross operating margin -€5,861
down €5,861 (-4.6%), from €128,635 to €122,774
- Depreciation +€4,929
up €4,929 (+23.0%), from €21,422 to €26,351
- Financial income +€1,681
new in 2025: €1,681
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €242,687 | €297,218 | +€54,531 | +22.5% |
| Fixed assets | 21/28 | €111,974 | €88,862 | -€23,112 | -20.6% |
| Tangible fixed assets | 22/27 | €111,974 | €88,862 | -€23,112 | -20.6% |
| Land and buildings | 22 | €49,238 | €42,959 | -€6,279 | -12.8% |
| Plant, machinery and equipment | 23 | €62,736 | €45,903 | -€16,833 | -26.8% |
| Current assets | 29/58 | €130,713 | €208,356 | +€77,643 | +59.4% |
| Amounts receivable within one year | 40/41 | €41,459 | €95,782 | +€54,323 | +131% |
| Trade receivables | 40 | €11,722 | €21,962 | +€10,240 | +87.4% |
| Other amounts receivable | 41 | €29,737 | €73,819 | +€44,082 | +148% |
| Cash at bank and in hand | 54/58 | €89,254 | €112,574 | +€23,321 | +26.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €242,687 | €297,218 | +€54,531 | +22.5% |
| Equity | 10/15 | €175,561 | €253,590 | +€78,029 | +44.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €174,561 | €252,590 | +€78,029 | +44.7% |
| Distributable reserves | 133 | €174,561 | €252,590 | +€78,029 | +44.7% |
| Amounts payable | 17/49 | €67,126 | €43,628 | -€23,498 | -35.0% |
| Amounts payable within one year | 42/48 | €29,977 | €15,808 | -€14,169 | -47.3% |
| Trade debts | 44 | €2,541 | €2,742 | +€201 | +7.9% |
| Suppliers | 440/4 | €2,541 | €2,742 | +€201 | +7.9% |
| Taxes, remuneration and social security | 45 | €27,436 | €13,066 | -€14,370 | -52.4% |
| Taxes | 450/3 | €26,729 | €12,416 | -€14,313 | -53.5% |
| Remuneration and social security | 454/9 | €707 | €650 | -€57 | -8.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €37,149 | €27,820 | -€9,329 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,422 | €26,351 | +€4,929 | +23.0% |
| Other operating charges | 640/8 | €693 | €0 | -€693 | -100% |
| Gross operating margin | 9900 | €128,635 | €122,774 | -€5,861 | -4.6% |
| Operating profit (loss) | 9901 | €106,519 | €96,423 | -€10,097 | -9.5% |
| Financial income | 75/76B | - | €1,681 | +€1,681 | |
| Recurring financial income | 75 | - | €1,681 | +€1,681 | |
| Financial charges | 65/66B | €867 | €1,819 | +€952 | +110% |
| Recurring financial charges | 65 | €867 | €1,819 | +€952 | +110% |
| Profit (loss) for the period before taxes | 9903 | €105,652 | €96,285 | -€9,367 | -8.9% |
| Income taxes | 67/77 | €17,924 | €18,255 | +€331 | +1.8% |
| Profit (loss) for the period | 9904 | €87,728 | €78,029 | -€9,698 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €87,728 | €78,029 | -€9,698 | -11.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.