S-PRINT: 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.
S-PRINT
Largest movements
- Current investments +€50,352
new in 2025: €50,352
- Cash +€11,127
up €11,127 (+21.1%), from €52,757 to €63,885
mainly Net result for the year (+€61,378) and Depreciation (+€4,217)
- Tangible fixed assets -€4,217
down €4,217 (-22.8%), from €18,458 to €14,241
- Receivables within one year -€4,133
down €4,133 (-14.3%), from €28,913 to €24,779
of which Trade receivables: -€3,809
- Deferred charges and accrued income -€2,685
down €2,685 (-69.5%), from €3,866 to €1,181
- Reserves +€52,910
up €52,910 (+59.6%), from €88,724 to €141,633
- Other debts -€6,000
down €6,000 (-100.0%), from €6,000 to €0
- Tax, wage and social debts +€2,138
up €2,138 (+53.4%), from €4,003 to €6,140
of which Taxes: +€2,138
- Gross operating margin +€36,774
up €36,774 (+59.3%), from €61,985 to €98,759
- Taxes +€14,070
up €14,070 (+96.9%), from €14,524 to €28,594
- Other operating charges -€2,006
down €2,006 (-29.6%), from €6,779 to €4,773
- Depreciation +€1,538
up €1,538 (+57.4%), from €2,679 to €4,217
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 | €103,993 | €154,438 | +€50,444 | +48.5% |
| Fixed assets | 21/28 | €18,458 | €14,241 | -€4,217 | -22.8% |
| Tangible fixed assets | 22/27 | €18,458 | €14,241 | -€4,217 | -22.8% |
| Furniture and vehicles | 24 | €18,458 | €14,241 | -€4,217 | -22.8% |
| Current assets | 29/58 | €85,536 | €140,197 | +€54,661 | +63.9% |
| Amounts receivable within one year | 40/41 | €28,913 | €24,779 | -€4,133 | -14.3% |
| Trade receivables | 40 | €24,727 | €20,918 | -€3,809 | -15.4% |
| Other amounts receivable | 41 | €4,186 | €3,861 | -€325 | -7.8% |
| Current investments | 50/53 | - | €50,352 | +€50,352 | |
| Cash at bank and in hand | 54/58 | €52,757 | €63,885 | +€11,127 | +21.1% |
| Deferred charges and accrued income | 490/1 | €3,866 | €1,181 | -€2,685 | -69.5% |
| Total equity and liabilities | 10/49 | €103,993 | €154,438 | +€50,444 | +48.5% |
| Equity | 10/15 | €93,724 | €146,633 | +€52,910 | +56.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €88,724 | €141,633 | +€52,910 | +59.6% |
| Distributable reserves | 133 | €88,724 | €141,633 | +€52,910 | +59.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,270 | €7,804 | -€2,466 | -24.0% |
| Amounts payable within one year | 42/48 | €10,270 | €7,804 | -€2,466 | -24.0% |
| Trade debts | 44 | €267 | €1,664 | +€1,397 | +522.6% |
| Suppliers | 440/4 | €267 | €1,664 | +€1,397 | +522.6% |
| Taxes, remuneration and social security | 45 | €4,003 | €6,140 | +€2,138 | +53.4% |
| Taxes | 450/3 | €4,003 | €6,140 | +€2,138 | +53.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,000 | €0 | -€6,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,679 | €4,217 | +€1,538 | +57.4% |
| Other operating charges | 640/8 | €6,779 | €4,773 | -€2,006 | -29.6% |
| Gross operating margin | 9900 | €61,985 | €98,759 | +€36,774 | +59.3% |
| Operating profit (loss) | 9901 | €52,527 | €89,768 | +€37,241 | +70.9% |
| Financial income | 75/76B | €120 | €204 | +€83 | +69.5% |
| Recurring financial income | 75 | €120 | €204 | +€83 | +69.5% |
| Financial charges | 65/66B | €28 | €0 | -€28 | -100.0% |
| Recurring financial charges | 65 | €28 | €0 | -€28 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €52,619 | €89,972 | +€37,353 | +71.0% |
| Income taxes | 67/77 | €14,524 | €28,594 | +€14,070 | +96.9% |
| Profit (loss) for the period | 9904 | €38,096 | €61,378 | +€23,282 | +61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,096 | €61,378 | +€23,282 | +61.1% |
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 6 October 2026 via checked.be.