SP TOITURES: 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 TOITURES
Largest movements
- Cash +€56,004
up €56,004 (+18.5%), from €302,629 to €358,633
mainly Net result for the year (+€99,840) and Other debts (+€39,591)
- Tangible fixed assets +€16,761
up €16,761 (+52.9%), from €31,676 to €48,437
of which Furniture and vehicles: +€38,080
- Receivables within one year -€6,499
down €6,499 (-15.8%), from €41,033 to €34,533
of which Other amounts receivable: -€26,656
- Other debts +€39,591
up €39,591 (+64.3%), from €61,569 to €101,160
- Tax, wage and social debts +€10,637
up €10,637 (+35.8%), from €29,694 to €40,331
of which Remuneration and social security: +€7,153
- Advances received +€7,445
up €7,445 (+149%), from €5,000 to €12,445
- Current portion of long-term debt +€6,150
up €6,150 (+49.0%), from €12,552 to €18,703
- Trade debts +€4,664
up €4,664 (+25.4%), from €18,348 to €23,012
- Gross operating margin +€73,660
up €73,660 (+44.6%), from €165,078 to €238,738
- Staff costs +€14,385
up €14,385 (+27.1%), from €53,154 to €67,539
- Taxes +€12,944
up €12,944 (+57.4%), from €22,565 to €35,509
- Depreciation +€6,042
up €6,042 (+23.6%), from €25,591 to €31,633
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 | €376,269 | €444,522 | +€68,253 | +18.1% |
| Fixed assets | 21/28 | €31,676 | €48,437 | +€16,761 | +52.9% |
| Tangible fixed assets | 22/27 | €31,676 | €48,437 | +€16,761 | +52.9% |
| Plant, machinery and equipment | 23 | €29,770 | €8,451 | -€21,319 | -71.6% |
| Furniture and vehicles | 24 | €1,907 | €39,986 | +€38,080 | +1,997% |
| Current assets | 29/58 | €344,592 | €396,085 | +€51,492 | +14.9% |
| Amounts receivable within one year | 40/41 | €41,033 | €34,533 | -€6,499 | -15.8% |
| Trade receivables | 40 | €1,616 | €21,772 | +€20,156 | +1,248% |
| Other amounts receivable | 41 | €39,417 | €12,761 | -€26,656 | -67.6% |
| Cash at bank and in hand | 54/58 | €302,629 | €358,633 | +€56,004 | +18.5% |
| Deferred charges and accrued income | 490/1 | €931 | €2,918 | +€1,987 | +214% |
| Total equity and liabilities | 10/49 | €376,269 | €444,522 | +€68,253 | +18.1% |
| Equity | 10/15 | €204,668 | €204,508 | -€160 | -0.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €194,668 | €194,508 | -€160 | -0.1% |
| Amounts payable | 17/49 | €171,600 | €240,014 | +€68,413 | +39.9% |
| Amounts payable after more than one year | 17 | €44,438 | €44,363 | -€75 | -0.2% |
| Financial debts | 170/4 | €44,438 | €44,363 | -€75 | -0.2% |
| Amounts payable within one year | 42/48 | €127,162 | €195,650 | +€68,488 | +53.9% |
| Current portion of amounts payable after more than one year | 42 | €12,552 | €18,703 | +€6,150 | +49.0% |
| Trade debts | 44 | €18,348 | €23,012 | +€4,664 | +25.4% |
| Suppliers | 440/4 | €18,348 | €23,012 | +€4,664 | +25.4% |
| Advances received on contracts in progress | 46 | €5,000 | €12,445 | +€7,445 | +149% |
| Taxes, remuneration and social security | 45 | €29,694 | €40,331 | +€10,637 | +35.8% |
| Taxes | 450/3 | €29,494 | €32,978 | +€3,484 | +11.8% |
| Remuneration and social security | 454/9 | €200 | €7,353 | +€7,153 | +3,577% |
| Other amounts payable | 47/48 | €61,569 | €101,160 | +€39,591 | +64.3% |
| Remuneration, social security and pensions | 62 | €53,154 | €67,539 | +€14,385 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,591 | €31,633 | +€6,042 | +23.6% |
| Other operating charges | 640/8 | €862 | €2,362 | +€1,500 | +174% |
| Gross operating margin | 9900 | €165,078 | €238,738 | +€73,660 | +44.6% |
| Operating profit (loss) | 9901 | €85,471 | €137,204 | +€51,733 | +60.5% |
| Financial income | 75/76B | €222 | €317 | +€95 | +42.6% |
| Recurring financial income | 75 | €222 | €317 | +€95 | +42.6% |
| Financial charges | 65/66B | €2,229 | €2,172 | -€57 | -2.6% |
| Recurring financial charges | 65 | €2,229 | €2,172 | -€57 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €83,464 | €135,349 | +€51,885 | +62.2% |
| Income taxes | 67/77 | €22,565 | €35,509 | +€12,944 | +57.4% |
| Profit (loss) for the period | 9904 | €60,899 | €99,840 | +€38,941 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,899 | €99,840 | +€38,941 | +63.9% |
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 20 October 2026 via checked.be.