S&A SPIRITS: 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.
S&A SPIRITS
Largest movements
- Cash +€4,681
up €4,681 (+226.3%), from €2,068 to €6,750
mainly Net result for the year (+€1,924) and Other debts (+€1,215)
- Receivables within one year -€609
down €609 (-50.4%), from €1,209 to €599
of which Other amounts receivable: -€1,209
- Formation expenses -€493
down €493 (-51.3%), from €961 to €468
- Intangible fixed assets -€407
down €407 (-26.2%), from €1,555 to €1,148
- Tangible fixed assets -€271
down €271 (-23.0%), from €1,181 to €910
- Profit (loss) carried forward +€1,924
up €1,924 (+19.9%), from -€9,651 to -€7,727
- Other debts +€1,215
up €1,215 (+8.0%), from €15,216 to €16,432
- Trade debts -€663
down €663 (-100.0%), from €663 to €0
- Tax, wage and social debts +€458
up €458 (+216.8%), from €211 to €669
of which Taxes: +€522
- Gross operating margin +€6,313
up €6,313, from -€3,118 to €3,195
- Other operating charges -€160
no longer reported in 2025 (was €160)
- Depreciation +€96
up €96 (+9.0%), from €1,075 to €1,171
- Staff costs -€83
no longer reported in 2025 (was €83)
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 | €16,440 | €19,373 | +€2,933 | +17.8% |
| Formation expenses | 20 | €961 | €468 | -€493 | -51.3% |
| Fixed assets | 21/28 | €2,941 | €2,263 | -€678 | -23.1% |
| Intangible fixed assets | 21 | €1,555 | €1,148 | -€407 | -26.2% |
| Tangible fixed assets | 22/27 | €1,181 | €910 | -€271 | -23.0% |
| Furniture and vehicles | 24 | €1,181 | €910 | -€271 | -23.0% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €12,539 | €16,643 | +€4,104 | +32.7% |
| Stocks and contracts in progress | 3 | €9,048 | €9,081 | +€33 | +0.4% |
| Stocks | 30/36 | €9,048 | €9,081 | +€33 | +0.4% |
| Amounts receivable within one year | 40/41 | €1,209 | €599 | -€609 | -50.4% |
| Trade receivables | 40 | - | €599 | +€599 | |
| Other amounts receivable | 41 | €1,209 | €0 | -€1,209 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,068 | €6,750 | +€4,681 | +226.3% |
| Deferred charges and accrued income | 490/1 | €213 | €213 | -€1 | -0.4% |
| Total equity and liabilities | 10/49 | €16,440 | €19,373 | +€2,933 | +17.8% |
| Equity | 10/15 | €350 | €2,273 | +€1,924 | +550.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,651 | -€7,727 | +€1,924 | +19.9% |
| Amounts payable | 17/49 | €16,091 | €17,100 | +€1,009 | +6.3% |
| Amounts payable within one year | 42/48 | €16,091 | €17,100 | +€1,009 | +6.3% |
| Trade debts | 44 | €663 | €0 | -€663 | -100.0% |
| Suppliers | 440/4 | €663 | €0 | -€663 | -100.0% |
| Taxes, remuneration and social security | 45 | €211 | €669 | +€458 | +216.8% |
| Taxes | 450/3 | €146 | €669 | +€522 | +356.6% |
| Remuneration and social security | 454/9 | €65 | €0 | -€65 | -100.0% |
| Other amounts payable | 47/48 | €15,216 | €16,432 | +€1,215 | +8.0% |
| Remuneration, social security and pensions | 62 | €83 | - | -€83 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,075 | €1,171 | +€96 | +9.0% |
| Other operating charges | 640/8 | €160 | - | -€160 | |
| Gross operating margin | 9900 | -€3,118 | €3,195 | +€6,313 | |
| Operating profit (loss) | 9901 | -€4,435 | €2,024 | +€6,459 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €85 | €100 | +€15 | +17.7% |
| Recurring financial charges | 65 | €85 | €100 | +€15 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,519 | €1,924 | +€6,443 | |
| Profit (loss) for the period | 9904 | -€4,519 | €1,924 | +€6,443 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,519 | €1,924 | +€6,443 |
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 12 October 2026 via checked.be.