FELIX SPIRLET MANAGEMENT: what changed
Two financial 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.
FELIX SPIRLET MANAGEMENT
Largest movements
- Receivables within one year -€76,032
down €76,032 (-94.5%), from €80,499 to €4,468
of which Other amounts receivable: -€65,301
- Receivables after one year -€28,000
down €28,000 (-100.0%), from €28,000 to €0
- Cash -€6,670
down €6,670 (-11.8%), from €56,350 to €49,680
mainly Other debts (-€106,414) and Contributions, distributions and other (-€52,187)
- Other debts -€106,414
down €106,414 (-70.9%), from €150,000 to €43,586
- Profit (loss) carried forward -€8,602
down €8,602 (-100.0%), from €8,602 to €0
- Tax, wage and social debts +€2,521
up €2,521 (+41.0%), from €6,150 to €8,672
- Gross operating margin +€3,342
up €3,342 (+6.5%), from €51,482 to €54,824
- Financial income -€1,780
down €1,780 (-58.1%), from €3,062 to €1,282
- Taxes +€588
up €588 (+5.5%), from €10,753 to €11,341
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 | €170,221 | €58,895 | -€111,326 | -65.4% |
| Fixed assets | 21/28 | €5,372 | €4,748 | -€624 | -11.6% |
| Tangible fixed assets | 22/27 | €5,372 | €4,748 | -€624 | -11.6% |
| Other tangible fixed assets | 26 | €5,372 | €4,748 | -€624 | -11.6% |
| Current assets | 29/58 | €164,849 | €54,147 | -€110,702 | -67.2% |
| Amounts receivable after more than one year | 29 | €28,000 | €0 | -€28,000 | -100.0% |
| Other amounts receivable | 291 | €28,000 | €0 | -€28,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €80,499 | €4,468 | -€76,032 | -94.5% |
| Trade receivables | 40 | €10,731 | €0 | -€10,731 | -100.0% |
| Other amounts receivable | 41 | €69,768 | €4,468 | -€65,301 | -93.6% |
| Cash at bank and in hand | 54/58 | €56,350 | €49,680 | -€6,670 | -11.8% |
| Total equity and liabilities | 10/49 | €170,221 | €58,895 | -€111,326 | -65.4% |
| Equity | 10/15 | €11,602 | €3,000 | -€8,602 | -74.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,602 | €0 | -€8,602 | -100.0% |
| Amounts payable | 17/49 | €158,619 | €55,895 | -€102,725 | -64.8% |
| Amounts payable within one year | 42/48 | €158,619 | €55,895 | -€102,725 | -64.8% |
| Trade debts | 44 | €2,469 | €3,637 | +€1,168 | +47.3% |
| Suppliers | 440/4 | €2,469 | €3,637 | +€1,168 | +47.3% |
| Taxes, remuneration and social security | 45 | €6,150 | €8,672 | +€2,521 | +41.0% |
| Taxes | 450/3 | €6,150 | €8,672 | +€2,521 | +41.0% |
| Other amounts payable | 47/48 | €150,000 | €43,586 | -€106,414 | -70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €620 | €624 | +€5 | +0.8% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €51,482 | €54,824 | +€3,342 | +6.5% |
| Operating profit (loss) | 9901 | €50,411 | €53,734 | +€3,323 | +6.6% |
| Financial income | 75/76B | €3,062 | €1,282 | -€1,780 | -58.1% |
| Recurring financial income | 75 | €3,062 | €1,282 | -€1,780 | -58.1% |
| Financial charges | 65/66B | €90 | €90 | = | 0.0% |
| Recurring financial charges | 65 | €90 | €90 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €53,384 | €54,926 | +€1,543 | +2.9% |
| Income taxes | 67/77 | €10,753 | €11,341 | +€588 | +5.5% |
| Profit (loss) for the period | 9904 | €42,631 | €43,586 | +€955 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,631 | €43,586 | +€955 | +2.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.