De Spar: 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.
De Spar
Largest movements
- Receivables within one year -€20,666
down €20,666 (-74.2%), from €27,869 to €7,203
of which Other amounts receivable: -€12,523
- Deferred charges and accrued income +€16,179
new in 2024: €16,179
- Tangible fixed assets -€13,804
down €13,804 (-4.6%), from €298,702 to €284,898
of which Land and buildings: -€11,544
- Debts after one year -€21,495
down €21,495 (-18.7%), from €114,847 to €93,352
- Trade debts -€16,375
no longer reported in 2024 (was €16,375)
- Other debts +€9,962
new in 2024: €9,962
- Profit (loss) carried forward +€5,701
up €5,701 (+8.6%), from €66,432 to €72,133
- Gross operating margin +€8,765
up €8,765 (+30.7%), from €28,564 to €37,329
- Other operating charges -€3,207
down €3,207 (-71.6%), from €4,476 to €1,269
- Financial charges +€1,406
up €1,406 (+33.3%), from €4,223 to €5,630
- Depreciation +€1,334
up €1,334 (+10.7%), from €12,469 to €13,804
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €333,442 | €312,748 | -€20,694 | -6.2% |
| Fixed assets | 21/28 | €299,225 | €285,421 | -€13,804 | -4.6% |
| Tangible fixed assets | 22/27 | €298,702 | €284,898 | -€13,804 | -4.6% |
| Land and buildings | 22 | €290,267 | €278,723 | -€11,544 | -4.0% |
| Plant, machinery and equipment | 23 | €8,161 | €6,176 | -€1,985 | -24.3% |
| Furniture and vehicles | 24 | €275 | - | -€275 | |
| Financial fixed assets | 28 | €522 | €522 | = | 0.0% |
| Current assets | 29/58 | €34,217 | €27,327 | -€6,890 | -20.1% |
| Amounts receivable within one year | 40/41 | €27,869 | €7,203 | -€20,666 | -74.2% |
| Trade receivables | 40 | €15,310 | €7,167 | -€8,143 | -53.2% |
| Other amounts receivable | 41 | €12,559 | €36 | -€12,523 | -99.7% |
| Cash at bank and in hand | 54/58 | €6,348 | €3,945 | -€2,403 | -37.9% |
| Deferred charges and accrued income | 490/1 | - | €16,179 | +€16,179 | |
| Total equity and liabilities | 10/49 | €333,442 | €312,748 | -€20,694 | -6.2% |
| Equity | 10/15 | €159,615 | €165,316 | +€5,701 | +3.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €74,183 | €74,183 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,747 | €8,747 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,747 | €8,747 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,449 | €11,449 | = | 0.0% |
| Distributable reserves | 133 | €53,987 | €53,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,432 | €72,133 | +€5,701 | +8.6% |
| Provisions and deferred taxes | 16 | €6,251 | €6,251 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €6,000 | €6,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €6,000 | €6,000 | = | 0.0% |
| Deferred taxes | 168 | €251 | €251 | = | 0.0% |
| Amounts payable | 17/49 | €167,576 | €141,181 | -€26,395 | -15.8% |
| Amounts payable after more than one year | 17 | €114,847 | €93,352 | -€21,495 | -18.7% |
| Financial debts | 170/4 | €114,847 | €93,352 | -€21,495 | -18.7% |
| Amounts payable within one year | 42/48 | €52,728 | €47,829 | -€4,900 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €22,780 | €21,825 | -€955 | -4.2% |
| Financial debts | 43 | €6,012 | €6,556 | +€544 | +9.0% |
| Credit institutions | 430/8 | €6,012 | €6,556 | +€544 | +9.0% |
| Trade debts | 44 | €16,375 | - | -€16,375 | |
| Suppliers | 440/4 | €16,375 | - | -€16,375 | |
| Taxes, remuneration and social security | 45 | €7,560 | €9,486 | +€1,925 | +25.5% |
| Taxes | 450/3 | €7,560 | €9,486 | +€1,925 | +25.5% |
| Other amounts payable | 47/48 | - | €9,962 | +€9,962 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,469 | €13,804 | +€1,334 | +10.7% |
| Other operating charges | 640/8 | €4,476 | €1,269 | -€3,207 | -71.6% |
| Gross operating margin | 9900 | €28,564 | €37,329 | +€8,765 | +30.7% |
| Operating profit (loss) | 9901 | €11,619 | €22,256 | +€10,637 | +91.6% |
| Financial income | 75/76B | €49 | - | -€49 | |
| Recurring financial income | 75 | €49 | - | -€49 | |
| Financial charges | 65/66B | €4,223 | €5,630 | +€1,406 | +33.3% |
| Recurring financial charges | 65 | €4,223 | €5,630 | +€1,406 | +33.3% |
| Profit (loss) for the period before taxes | 9903 | €7,444 | €16,626 | +€9,182 | +123.3% |
| Income taxes | 67/77 | €1,989 | €1,925 | -€64 | -3.2% |
| Profit (loss) for the period | 9904 | €5,455 | €14,701 | +€9,246 | +169.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,455 | €14,701 | +€9,246 | +169.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.