LES SPORES: 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.
LES SPORES
Largest movements
- Cash -€29,714
down €29,714 (-75.9%), from €39,137 to €9,423
mainly Trade debts (-€30,544) and Receivables within one year (-€23,969)
- Receivables within one year +€23,969
up €23,969 (+34.7%), from €69,079 to €93,048
of which Trade receivables: +€22,462
- Financial fixed assets +€6,000
up €6,000 (+132%), from €4,556 to €10,556
- Tangible fixed assets +€5,116
up €5,116 (+509%), from €1,006 to €6,122
of which Plant, machinery and equipment: +€4,133
- Tax, wage and social debts +€33,095
up €33,095 (+70.7%), from €46,844 to €79,939
of which Taxes: +€36,965
- Trade debts -€30,544
down €30,544 (-77.9%), from €39,209 to €8,665
- Profit (loss) carried forward +€8,006
up €8,006, from -€6,615 to €1,390
- Other debts -€5,100
down €5,100 (-35.9%), from €14,189 to €9,089
- Debts after one year +€2,020
new in 2025: €2,020
- Gross operating margin -€37,166
down €37,166 (-15.1%), from €246,211 to €209,045
- Staff costs -€12,791
down €12,791 (-6.5%), from €196,441 to €183,650
- Financial charges +€5,903
up €5,903 (+89.1%), from €6,628 to €12,531
- Financial income -€3,234
down €3,234 (-56.4%), from €5,737 to €2,503
- Taxes +€2,500
new in 2025: €2,500
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.
Derived cash bridge
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 | €118,732 | €124,581 | +€5,849 | +4.9% |
| Fixed assets | 21/28 | €5,562 | €16,678 | +€11,116 | +200% |
| Tangible fixed assets | 22/27 | €1,006 | €6,122 | +€5,116 | +509% |
| Plant, machinery and equipment | 23 | €1,006 | €5,139 | +€4,133 | +411% |
| Furniture and vehicles | 24 | - | €983 | +€983 | |
| Financial fixed assets | 28 | €4,556 | €10,556 | +€6,000 | +132% |
| Current assets | 29/58 | €113,170 | €107,903 | -€5,267 | -4.7% |
| Stocks and contracts in progress | 3 | €4,955 | €5,432 | +€477 | +9.6% |
| Stocks | 30/36 | €4,955 | €5,432 | +€477 | +9.6% |
| Amounts receivable within one year | 40/41 | €69,079 | €93,048 | +€23,969 | +34.7% |
| Trade receivables | 40 | €6,093 | €28,555 | +€22,462 | +369% |
| Other amounts receivable | 41 | €62,986 | €64,493 | +€1,508 | +2.4% |
| Cash at bank and in hand | 54/58 | €39,137 | €9,423 | -€29,714 | -75.9% |
| Total equity and liabilities | 10/49 | €118,732 | €124,581 | +€5,849 | +4.9% |
| Equity | 10/15 | €10,785 | €18,790 | +€8,006 | +74.2% |
| Contributions | 10/11 | €17,400 | €17,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,615 | €1,390 | +€8,006 | |
| Amounts payable | 17/49 | €107,948 | €105,790 | -€2,157 | -2.0% |
| Amounts payable after more than one year | 17 | - | €2,020 | +€2,020 | |
| Financial debts | 170/4 | - | €2,020 | +€2,020 | |
| Amounts payable within one year | 42/48 | €107,948 | €103,770 | -€4,177 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €7,705 | €6,077 | -€1,628 | -21.1% |
| Trade debts | 44 | €39,209 | €8,665 | -€30,544 | -77.9% |
| Suppliers | 440/4 | €39,209 | €8,665 | -€30,544 | -77.9% |
| Taxes, remuneration and social security | 45 | €46,844 | €79,939 | +€33,095 | +70.7% |
| Taxes | 450/3 | €12,369 | €49,334 | +€36,965 | +299% |
| Remuneration and social security | 454/9 | €34,475 | €30,606 | -€3,869 | -11.2% |
| Other amounts payable | 47/48 | €14,189 | €9,089 | -€5,100 | -35.9% |
| Remuneration, social security and pensions | 62 | €196,441 | €183,650 | -€12,791 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €227 | €1,173 | +€945 | +416% |
| Other operating charges | 640/8 | €1,520 | €3,689 | +€2,169 | +143% |
| Gross operating margin | 9900 | €246,211 | €209,045 | -€37,166 | -15.1% |
| Operating profit (loss) | 9901 | €48,023 | €20,533 | -€27,490 | -57.2% |
| Financial income | 75/76B | €5,737 | €2,503 | -€3,234 | -56.4% |
| Recurring financial income | 75 | €5,737 | €2,503 | -€3,234 | -56.4% |
| Financial charges | 65/66B | €6,628 | €12,531 | +€5,903 | +89.1% |
| Recurring financial charges | 65 | €6,628 | €12,531 | +€5,903 | +89.1% |
| Profit (loss) for the period before taxes | 9903 | €47,132 | €10,506 | -€36,627 | -77.7% |
| Income taxes | 67/77 | - | €2,500 | +€2,500 | |
| Profit (loss) for the period | 9904 | €47,132 | €8,006 | -€39,127 | -83.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,132 | €8,006 | -€39,127 | -83.0% |
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 30 October 2026 via checked.be.