SP-PARTS: 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-PARTS
Largest movements
- Stocks and contracts -€16,490
down €16,490 (-34.3%), from €48,067 to €31,577
- Receivables within one year -€8,506
down €8,506 (-31.6%), from €26,939 to €18,433
of which Trade receivables: -€4,851
- Cash -€7,625
down €7,625 (-41.4%), from €18,402 to €10,777
mainly Debts after one year (-€13,000) and Other debts (-€10,000)
- Tangible fixed assets +€5,934
up €5,934 (+145%), from €4,091 to €10,024
of which Other tangible fixed assets: +€4,973
- Formation expenses -€1,474
down €1,474 (-54.8%), from €2,690 to €1,216
- Debts after one year -€13,000
down €13,000 (-52.0%), from €25,000 to €12,000
of which Other amounts payable: -€8,000
- Other debts -€10,000
down €10,000 (-46.6%), from €21,450 to €11,450
- Trade debts -€3,119
down €3,119 (-8.1%), from €38,623 to €35,504
- Profit (loss) carried forward -€1,232
down €1,232 (-47.3%), from €2,606 to €1,373
- Staff costs +€15,951
new in 2025: €15,951
- Gross operating margin -€6,043
down €6,043 (-21.5%), from €28,071 to €22,028
- Depreciation +€552
up €552 (+18.5%), from €2,988 to €3,541
- Taxes -€526
no longer reported in 2025 (was €526)
- Other operating charges +€476
up €476 (+16.4%), from €2,894 to €3,370
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 | €100,291 | €72,363 | -€27,928 | -27.8% |
| Formation expenses | 20 | €2,690 | €1,216 | -€1,474 | -54.8% |
| Fixed assets | 21/28 | €4,091 | €10,024 | +€5,934 | +145% |
| Tangible fixed assets | 22/27 | €4,091 | €10,024 | +€5,934 | +145% |
| Plant, machinery and equipment | 23 | €1,360 | €3,559 | +€2,199 | +162% |
| Furniture and vehicles | 24 | €2,730 | €1,491 | -€1,239 | -45.4% |
| Other tangible fixed assets | 26 | - | €4,973 | +€4,973 | |
| Current assets | 29/58 | €93,510 | €61,122 | -€32,388 | -34.6% |
| Stocks and contracts in progress | 3 | €48,067 | €31,577 | -€16,490 | -34.3% |
| Stocks | 30/36 | €48,067 | €31,577 | -€16,490 | -34.3% |
| Amounts receivable within one year | 40/41 | €26,939 | €18,433 | -€8,506 | -31.6% |
| Trade receivables | 40 | €12,628 | €7,777 | -€4,851 | -38.4% |
| Other amounts receivable | 41 | €14,310 | €10,656 | -€3,655 | -25.5% |
| Cash at bank and in hand | 54/58 | €18,402 | €10,777 | -€7,625 | -41.4% |
| Deferred charges and accrued income | 490/1 | €102 | €335 | +€233 | +228% |
| Total equity and liabilities | 10/49 | €100,291 | €72,363 | -€27,928 | -27.8% |
| Equity | 10/15 | €7,606 | €6,373 | -€1,232 | -16.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,606 | €1,373 | -€1,232 | -47.3% |
| Amounts payable | 17/49 | €92,685 | €65,989 | -€26,696 | -28.8% |
| Amounts payable after more than one year | 17 | €25,000 | €12,000 | -€13,000 | -52.0% |
| Financial debts | 170/4 | €5,000 | - | -€5,000 | |
| Other amounts payable | 178/9 | €20,000 | €12,000 | -€8,000 | -40.0% |
| Amounts payable within one year | 42/48 | €67,685 | €53,904 | -€13,781 | -20.4% |
| Trade debts | 44 | €38,623 | €35,504 | -€3,119 | -8.1% |
| Suppliers | 440/4 | €38,623 | €35,504 | -€3,119 | -8.1% |
| Taxes, remuneration and social security | 45 | €7,612 | €6,950 | -€662 | -8.7% |
| Taxes | 450/3 | €7,612 | €5,652 | -€1,960 | -25.8% |
| Remuneration and social security | 454/9 | - | €1,298 | +€1,298 | |
| Other amounts payable | 47/48 | €21,450 | €11,450 | -€10,000 | -46.6% |
| Accrued charges and deferred income | 492/3 | - | €85 | +€85 | |
| Remuneration, social security and pensions | 62 | - | €15,951 | +€15,951 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,988 | €3,541 | +€552 | +18.5% |
| Other operating charges | 640/8 | €2,894 | €3,370 | +€476 | +16.4% |
| Gross operating margin | 9900 | €28,071 | €22,028 | -€6,043 | -21.5% |
| Operating profit (loss) | 9901 | €22,189 | -€833 | -€23,022 | |
| Financial income | 75/76B | - | €51 | +€51 | |
| Recurring financial income | 75 | - | €51 | +€51 | |
| Financial charges | 65/66B | €451 | €451 | -€0 | -0.1% |
| Recurring financial charges | 65 | €451 | €451 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €21,738 | -€1,232 | -€22,970 | |
| Income taxes | 67/77 | €526 | - | -€526 | |
| Profit (loss) for the period | 9904 | €21,212 | -€1,232 | -€22,445 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,212 | -€1,232 | -€22,445 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.