SP CATERING SERVICES: 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.
SP CATERING SERVICES
Largest movements
- Receivables within one year -€7,326
down €7,326 (-9.3%), from €79,070 to €71,744
of which Trade receivables: -€8,644
- Tangible fixed assets -€7,207
down €7,207 (-45.1%), from €15,994 to €8,787
of which Furniture and vehicles: -€7,130
- Cash +€1,794
new in 2025: €1,794
mainly Trade debts (+€9,797) and Receivables within one year (+€7,326)
- Profit (loss) carried forward -€13,651
down €13,651 (-166%), from -€8,225 to -€21,876
- Short-term financial debts -€10,350
down €10,350 (-100.0%), from €10,350 to €0
- Trade debts +€9,797
up €9,797 (+9.8%), from €100,105 to €109,902
- Current portion of long-term debt +€6,237
up €6,237 (+46.7%), from €13,362 to €19,599
- Tax, wage and social debts -€3,203
down €3,203 (-10.7%), from €29,956 to €26,753
- Other operating charges +€8,878
up €8,878 (+110%), from €8,066 to €16,944
- Financial charges +€4,904
up €4,904 (+206%), from €2,385 to €7,290
- Depreciation -€3,608
down €3,608 (-36.7%), from €9,826 to €6,218
- Gross operating margin -€3,179
down €3,179 (-18.2%), from €17,486 to €14,307
- Staff costs -€599
no longer reported in 2025 (was €599)
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 | €179,193 | €168,023 | -€11,170 | -6.2% |
| Fixed assets | 21/28 | €22,053 | €14,846 | -€7,207 | -32.7% |
| Tangible fixed assets | 22/27 | €15,994 | €8,787 | -€7,207 | -45.1% |
| Plant, machinery and equipment | 23 | €176 | €100 | -€77 | -43.5% |
| Furniture and vehicles | 24 | €15,817 | €8,687 | -€7,130 | -45.1% |
| Financial fixed assets | 28 | €6,059 | €6,059 | = | 0.0% |
| Current assets | 29/58 | €157,140 | €153,177 | -€3,963 | -2.5% |
| Amounts receivable after more than one year | 29 | €77,925 | €79,611 | +€1,687 | +2.2% |
| Other amounts receivable | 291 | €77,925 | €79,611 | +€1,687 | +2.2% |
| Amounts receivable within one year | 40/41 | €79,070 | €71,744 | -€7,326 | -9.3% |
| Trade receivables | 40 | €79,070 | €70,426 | -€8,644 | -10.9% |
| Other amounts receivable | 41 | - | €1,318 | +€1,318 | |
| Cash at bank and in hand | 54/58 | - | €1,794 | +€1,794 | |
| Deferred charges and accrued income | 490/1 | €145 | €28 | -€117 | -80.8% |
| Total equity and liabilities | 10/49 | €179,193 | €168,023 | -€11,170 | -6.2% |
| Equity | 10/15 | €24,775 | €11,124 | -€13,651 | -55.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,225 | -€21,876 | -€13,651 | -166% |
| Amounts payable | 17/49 | €154,418 | €156,899 | +€2,481 | +1.6% |
| Amounts payable after more than one year | 17 | €646 | €646 | = | 0.0% |
| Other amounts payable | 178/9 | €646 | €646 | = | 0.0% |
| Amounts payable within one year | 42/48 | €153,772 | €156,254 | +€2,481 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €13,362 | €19,599 | +€6,237 | +46.7% |
| Financial debts | 43 | €10,350 | €0 | -€10,350 | -100.0% |
| Credit institutions | 430/8 | €10,350 | €0 | -€10,350 | -100.0% |
| Trade debts | 44 | €100,105 | €109,902 | +€9,797 | +9.8% |
| Suppliers | 440/4 | €100,105 | €109,902 | +€9,797 | +9.8% |
| Taxes, remuneration and social security | 45 | €29,956 | €26,753 | -€3,203 | -10.7% |
| Taxes | 450/3 | €29,956 | €26,753 | -€3,203 | -10.7% |
| Remuneration, social security and pensions | 62 | €599 | - | -€599 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,826 | €6,218 | -€3,608 | -36.7% |
| Other operating charges | 640/8 | €8,066 | €16,944 | +€8,878 | +110% |
| Gross operating margin | 9900 | €17,486 | €14,307 | -€3,179 | -18.2% |
| Operating profit (loss) | 9901 | -€1,005 | -€8,855 | -€7,850 | -781% |
| Financial income | 75/76B | €2,140 | €2,635 | +€494 | +23.1% |
| Recurring financial income | 75 | €2,140 | €2,635 | +€494 | +23.1% |
| Financial charges | 65/66B | €2,385 | €7,290 | +€4,904 | +206% |
| Recurring financial charges | 65 | €2,385 | €7,290 | +€4,904 | +206% |
| Profit (loss) for the period before taxes | 9903 | -€1,250 | -€13,510 | -€12,260 | -981% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€1,389 | -€13,651 | -€12,262 | -883% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,389 | -€13,651 | -€12,262 | -883% |
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 18 October 2026 via checked.be.