DE SPRONG: 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 SPRONG
Largest movements
- Receivables within one year -€389,495
down €389,495 (-52.9%), from €735,796 to €346,301
of which Other amounts receivable: -€410,876
- Cash +€197,250
up €197,250 (+13.7%), from €1.4m to €1.6m
mainly Receivables within one year (+€389,495) and Net result for the year (+€271,859)
- Tangible fixed assets -€39,346
down €39,346 (-4.2%), from €929,322 to €889,976
of which Plant, machinery and equipment: -€32,602
- Reserves -€178,497
down €178,497 (-6.7%), from €2.7m to €2.5m
- Trade debts +€56,614
up €56,614 (+28.0%), from €202,527 to €259,141
- Tax, wage and social debts -€51,274
down €51,274 (-31.0%), from €165,182 to €113,908
of which Taxes: -€56,128
- Debts after one year -€45,000
down €45,000 (-33.3%), from €135,000 to €90,000
- Gross operating margin -€274,482
down €274,482 (-22.3%), from €1.2m to €956,979
- Taxes -€89,614
down €89,614 (-42.7%), from €209,634 to €120,020
- Depreciation -€29,253
down €29,253 (-19.5%), from €149,888 to €120,634
- Staff costs +€20,556
up €20,556 (+5.0%), from €412,089 to €432,644
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 | €3,302,686 | €3,083,702 | -€218,985 | -6.6% |
| Fixed assets | 21/28 | €942,627 | €900,693 | -€41,934 | -4.4% |
| Tangible fixed assets | 22/27 | €929,322 | €889,976 | -€39,346 | -4.2% |
| Land and buildings | 22 | €522,056 | €522,056 | = | 0.0% |
| Plant, machinery and equipment | 23 | €382,537 | €349,935 | -€32,602 | -8.5% |
| Furniture and vehicles | 24 | €24,729 | €17,985 | -€6,744 | -27.3% |
| Financial fixed assets | 28 | €13,305 | €10,716 | -€2,588 | -19.5% |
| Current assets | 29/58 | €2,360,060 | €2,183,009 | -€177,050 | -7.5% |
| Amounts receivable after more than one year | 29 | €9,233 | €27,700 | +€18,467 | +200.0% |
| Other amounts receivable | 291 | €9,233 | €27,700 | +€18,467 | +200.0% |
| Stocks and contracts in progress | 3 | €162,828 | €159,669 | -€3,159 | -1.9% |
| Stocks | 30/36 | €162,828 | €159,669 | -€3,159 | -1.9% |
| Amounts receivable within one year | 40/41 | €735,796 | €346,301 | -€389,495 | -52.9% |
| Trade receivables | 40 | €324,920 | €346,301 | +€21,381 | +6.6% |
| Other amounts receivable | 41 | €410,876 | €0 | -€410,876 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,438,308 | €1,635,557 | +€197,250 | +13.7% |
| Deferred charges and accrued income | 490/1 | €13,895 | €13,781 | -€113 | -0.8% |
| Total equity and liabilities | 10/49 | €3,302,686 | €3,083,702 | -€218,985 | -6.6% |
| Equity | 10/15 | €2,751,649 | €2,573,152 | -€178,497 | -6.5% |
| Contributions | 10/11 | €93,904 | €93,904 | = | 0.0% |
| Reserves | 13 | €2,657,745 | €2,479,248 | -€178,497 | -6.7% |
| Distributable reserves | 133 | €2,657,745 | €2,479,248 | -€178,497 | -6.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €551,038 | €510,550 | -€40,487 | -7.3% |
| Amounts payable after more than one year | 17 | €135,000 | €90,000 | -€45,000 | -33.3% |
| Financial debts | 170/4 | €135,000 | €90,000 | -€45,000 | -33.3% |
| Amounts payable within one year | 42/48 | €415,843 | €420,550 | +€4,707 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €45,000 | €45,000 | = | 0.0% |
| Trade debts | 44 | €202,527 | €259,141 | +€56,614 | +28.0% |
| Suppliers | 440/4 | €202,527 | €259,141 | +€56,614 | +28.0% |
| Taxes, remuneration and social security | 45 | €165,182 | €113,908 | -€51,274 | -31.0% |
| Taxes | 450/3 | €115,151 | €59,023 | -€56,128 | -48.7% |
| Remuneration and social security | 454/9 | €50,031 | €54,885 | +€4,854 | +9.7% |
| Other amounts payable | 47/48 | €3,134 | €2,502 | -€633 | -20.2% |
| Accrued charges and deferred income | 492/3 | €194 | €0 | -€194 | -100.0% |
| Remuneration, social security and pensions | 62 | €412,089 | €432,644 | +€20,556 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,888 | €120,634 | -€29,253 | -19.5% |
| Other operating charges | 640/8 | €17,900 | €18,674 | +€774 | +4.3% |
| Gross operating margin | 9900 | €1,231,461 | €956,979 | -€274,482 | -22.3% |
| Operating profit (loss) | 9901 | €651,585 | €385,026 | -€266,559 | -40.9% |
| Financial income | 75/76B | €23,784 | €13,082 | -€10,701 | -45.0% |
| Recurring financial income | 75 | €23,784 | €13,082 | -€10,701 | -45.0% |
| Financial charges | 65/66B | €7,508 | €6,230 | -€1,279 | -17.0% |
| Recurring financial charges | 65 | €7,508 | €6,065 | -€1,443 | -19.2% |
| Non-recurring financial charges | 66B | - | €165 | +€165 | |
| Profit (loss) for the period before taxes | 9903 | €667,861 | €391,879 | -€275,982 | -41.3% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €209,634 | €120,020 | -€89,614 | -42.7% |
| Profit (loss) for the period | 9904 | €458,226 | €271,859 | -€186,368 | -40.7% |
| Profit (loss) for the period to be appropriated | 9905 | €458,226 | €271,859 | -€186,368 | -40.7% |
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 5 October 2026 via checked.be.