PRO SPIRIT: 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.
PRO SPIRIT
Largest movements
- Cash -€9,164
down €9,164 (-60.9%), from €15,039 to €5,875
mainly Contributions, distributions and other (-€42,692) and Receivables within one year (-€7,413)
- Receivables within one year +€7,413
up €7,413 (+44.3%), from €16,717 to €24,130
of which Trade receivables: +€4,023
- Reserves -€17,692
down €17,692 (-90.5%), from €19,552 to €1,860
of which Distributable reserves: -€17,692
- Profit (loss) carried forward +€14,832
up €14,832 (+17.8%), from €83,337 to €98,170
- Other debts +€7,622
up €7,622 (+13.5%), from €56,334 to €63,956
- Trade debts +€6,779
up €6,779 (+347%), from €1,955 to €8,734
- Tax, wage and social debts -€6,750
down €6,750 (-51.9%), from €13,009 to €6,259
- Depreciation -€3,762
no longer reported in 2025 (was €3,762)
- Gross operating margin -€2,590
down €2,590 (-5.2%), from €49,448 to €46,857
- Taxes -€1,732
down €1,732 (-26.4%), from €6,556 to €4,824
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 | €188,304 | €186,583 | -€1,721 | -0.9% |
| Fixed assets | 21/28 | €155,316 | €155,316 | = | 0.0% |
| Tangible fixed assets | 22/27 | €18,810 | €18,810 | = | 0.0% |
| Land and buildings | 22 | €18,810 | €18,810 | = | 0.0% |
| Financial fixed assets | 28 | €136,506 | €136,506 | = | 0.0% |
| Current assets | 29/58 | €32,989 | €31,267 | -€1,721 | -5.2% |
| Amounts receivable within one year | 40/41 | €16,717 | €24,130 | +€7,413 | +44.3% |
| Trade receivables | 40 | €5,748 | €9,771 | +€4,023 | +70.0% |
| Other amounts receivable | 41 | €10,970 | €14,359 | +€3,390 | +30.9% |
| Cash at bank and in hand | 54/58 | €15,039 | €5,875 | -€9,164 | -60.9% |
| Deferred charges and accrued income | 490/1 | €1,233 | €1,262 | +€29 | +2.4% |
| Total equity and liabilities | 10/49 | €188,304 | €186,583 | -€1,721 | -0.9% |
| Equity | 10/15 | €109,089 | €106,230 | -€2,860 | -2.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,552 | €1,860 | -€17,692 | -90.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,692 | - | -€17,692 | |
| Profit (loss) carried forward | 14 | €83,337 | €98,170 | +€14,832 | +17.8% |
| Amounts payable | 17/49 | €79,215 | €80,353 | +€1,138 | +1.4% |
| Amounts payable within one year | 42/48 | €79,215 | €80,353 | +€1,138 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €7,918 | €1,405 | -€6,513 | -82.3% |
| Trade debts | 44 | €1,955 | €8,734 | +€6,779 | +347% |
| Suppliers | 440/4 | €1,955 | €8,734 | +€6,779 | +347% |
| Taxes, remuneration and social security | 45 | €13,009 | €6,259 | -€6,750 | -51.9% |
| Taxes | 450/3 | €13,009 | €6,259 | -€6,750 | -51.9% |
| Other amounts payable | 47/48 | €56,334 | €63,956 | +€7,622 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,762 | - | -€3,762 | |
| Other operating charges | 640/8 | €2,116 | €2,182 | +€65 | +3.1% |
| Gross operating margin | 9900 | €49,448 | €46,857 | -€2,590 | -5.2% |
| Operating profit (loss) | 9901 | €43,569 | €44,675 | +€1,106 | +2.5% |
| Financial income | 75/76B | €625 | €686 | +€62 | +9.9% |
| Recurring financial income | 75 | €625 | €686 | +€62 | +9.9% |
| Financial charges | 65/66B | €858 | €705 | -€153 | -17.8% |
| Recurring financial charges | 65 | €858 | €705 | -€153 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €43,335 | €44,656 | +€1,321 | +3.0% |
| Income taxes | 67/77 | €6,556 | €4,824 | -€1,732 | -26.4% |
| Profit (loss) for the period | 9904 | €36,779 | €39,832 | +€3,053 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,779 | €39,832 | +€3,053 | +8.3% |
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 29 October 2026 via checked.be.