SPAN DIFFUSION: 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.
SPAN DIFFUSION
Largest movements
- Receivables within one year +€25,109
up €25,109 (+27.2%), from €92,431 to €117,539
of which Trade receivables: +€13,789
- Cash -€14,544
down €14,544 (-60.7%), from €23,944 to €9,400
mainly Receivables within one year (-€25,109) and Investment in fixed assets (net) (-€19,988)
- Tangible fixed assets -€5,994
down €5,994 (-3.6%), from €165,428 to €159,434
of which Land and buildings: -€4,711
- Current investments +€5,254
up €5,254 (+25.4%), from €20,686 to €25,940
- Trade debts +€25,590
up €25,590 (+80.6%), from €31,767 to €57,357
- Tax, wage and social debts -€17,017
down €17,017 (-46.2%), from €36,844 to €19,828
of which Taxes: -€16,687
- Other debts +€10,010
new in 2025: €10,010
- Debts after one year -€6,229
down €6,229 (-44.9%), from €13,881 to €7,652
- Short-term financial debts -€4,989
down €4,989 (-92.4%), from €5,397 to €407
- Gross operating margin -€73,115
down €73,115 (-51.8%), from €141,042 to €67,927
- Taxes -€17,044
down €17,044 (-75.8%), from €22,477 to €5,433
- Depreciation +€4,500
up €4,500 (+20.8%), from €21,603 to €26,102
- Financial income +€3,356
up €3,356 (+62.5%), from €5,372 to €8,728
of which Non-recurring financial income: +€6,414
- Other operating charges -€2,926
down €2,926 (-50.9%), from €5,751 to €2,825
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 | €309,227 | €318,255 | +€9,028 | +2.9% |
| Fixed assets | 21/28 | €165,549 | €159,434 | -€6,115 | -3.7% |
| Intangible fixed assets | 21 | €120 | - | -€120 | |
| Tangible fixed assets | 22/27 | €165,428 | €159,434 | -€5,994 | -3.6% |
| Land and buildings | 22 | €137,211 | €132,500 | -€4,711 | -3.4% |
| Plant, machinery and equipment | 23 | €73 | €475 | +€401 | +547% |
| Furniture and vehicles | 24 | €28,089 | €26,460 | -€1,630 | -5.8% |
| Other tangible fixed assets | 26 | €55 | - | -€55 | |
| Current assets | 29/58 | €143,679 | €158,821 | +€15,142 | +10.5% |
| Stocks and contracts in progress | 3 | €33 | €33 | = | 0.0% |
| Stocks | 30/36 | €33 | €33 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €92,431 | €117,539 | +€25,109 | +27.2% |
| Trade receivables | 40 | €86,353 | €100,142 | +€13,789 | +16.0% |
| Other amounts receivable | 41 | €6,078 | €17,397 | +€11,320 | +186% |
| Current investments | 50/53 | €20,686 | €25,940 | +€5,254 | +25.4% |
| Cash at bank and in hand | 54/58 | €23,944 | €9,400 | -€14,544 | -60.7% |
| Deferred charges and accrued income | 490/1 | €6,585 | €5,909 | -€676 | -10.3% |
| Total equity and liabilities | 10/49 | €309,227 | €318,255 | +€9,028 | +2.9% |
| Equity | 10/15 | €210,299 | €210,997 | +€698 | +0.3% |
| Reserves | 13 | €33,000 | €33,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,299 | €177,997 | +€698 | +0.4% |
| Provisions and deferred taxes | 16 | €3,800 | €3,800 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,800 | €3,800 | = | 0.0% |
| Other liabilities and charges | 164/5 | €3,800 | €3,800 | = | 0.0% |
| Amounts payable | 17/49 | €95,128 | €103,458 | +€8,330 | +8.8% |
| Amounts payable after more than one year | 17 | €13,881 | €7,652 | -€6,229 | -44.9% |
| Financial debts | 170/4 | €13,881 | €7,652 | -€6,229 | -44.9% |
| Amounts payable within one year | 42/48 | €79,947 | €93,831 | +€13,884 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €5,939 | €6,229 | +€290 | +4.9% |
| Financial debts | 43 | €5,397 | €407 | -€4,989 | -92.4% |
| Credit institutions | 430/8 | €5,397 | €407 | -€4,989 | -92.4% |
| Trade debts | 44 | €31,767 | €57,357 | +€25,590 | +80.6% |
| Suppliers | 440/4 | €31,767 | €57,357 | +€25,590 | +80.6% |
| Taxes, remuneration and social security | 45 | €36,844 | €19,828 | -€17,017 | -46.2% |
| Taxes | 450/3 | €32,823 | €16,136 | -€16,687 | -50.8% |
| Remuneration and social security | 454/9 | €4,021 | €3,691 | -€330 | -8.2% |
| Other amounts payable | 47/48 | - | €10,010 | +€10,010 | |
| Accrued charges and deferred income | 492/3 | €1,300 | €1,975 | +€675 | +51.9% |
| Remuneration, social security and pensions | 62 | €27,599 | €26,051 | -€1,548 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,603 | €26,102 | +€4,500 | +20.8% |
| Other operating charges | 640/8 | €5,751 | €2,825 | -€2,926 | -50.9% |
| Gross operating margin | 9900 | €141,042 | €67,927 | -€73,115 | -51.8% |
| Operating profit (loss) | 9901 | €86,090 | €12,949 | -€73,140 | -85.0% |
| Financial income | 75/76B | €5,372 | €8,728 | +€3,356 | +62.5% |
| Recurring financial income | 75 | €5,372 | €2,314 | -€3,058 | -56.9% |
| Non-recurring financial income | 76B | - | €6,414 | +€6,414 | |
| Financial charges | 65/66B | €1,711 | €1,246 | -€464 | -27.1% |
| Recurring financial charges | 65 | €1,711 | €1,154 | -€557 | -32.6% |
| Non-recurring financial charges | 66B | - | €93 | +€93 | |
| Profit (loss) for the period before taxes | 9903 | €89,751 | €20,431 | -€69,320 | -77.2% |
| Income taxes | 67/77 | €22,477 | €5,433 | -€17,044 | -75.8% |
| Profit (loss) for the period | 9904 | €67,274 | €14,998 | -€52,276 | -77.7% |
| Profit (loss) for the period to be appropriated | 9905 | €67,274 | €14,998 | -€52,276 | -77.7% |
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 15 October 2026 via checked.be.