SPARRENHOF: 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.
SPARRENHOF
Largest movements
- Tangible fixed assets -€485,670
down €485,670 (-26.6%), from €1.8m to €1.3m
of which Land and buildings: -€517,547
- Cash +€44,105
up €44,105 (+187%), from €23,549 to €67,654
mainly Investment in fixed assets (net) (+€414,294) and Net result for the year (+€300,362)
- Other debts -€736,940
down €736,940 (-47.6%), from €1.5m to €812,032
- Profit (loss) carried forward +€300,362
up €300,362 (+45.2%), from -€664,887 to -€364,525
- Gross operating margin +€251,637
up €251,637 (+172%), from €146,512 to €398,149
- Other operating charges +€7,504
up €7,504 (+38.3%), from €19,589 to €27,092
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 | €1,852,479 | €1,416,953 | -€435,526 | -23.5% |
| Fixed assets | 21/28 | €1,828,930 | €1,343,260 | -€485,670 | -26.6% |
| Tangible fixed assets | 22/27 | €1,828,930 | €1,343,260 | -€485,670 | -26.6% |
| Land and buildings | 22 | €1,750,298 | €1,232,751 | -€517,547 | -29.6% |
| Plant, machinery and equipment | 23 | €6,523 | €58,974 | +€52,451 | +804% |
| Furniture and vehicles | 24 | €72,109 | €51,535 | -€20,574 | -28.5% |
| Current assets | 29/58 | €23,549 | €73,693 | +€50,144 | +213% |
| Amounts receivable within one year | 40/41 | - | €6,039 | +€6,039 | |
| Trade receivables | 40 | - | €1,835 | +€1,835 | |
| Other amounts receivable | 41 | - | €4,205 | +€4,205 | |
| Cash at bank and in hand | 54/58 | €23,549 | €67,654 | +€44,105 | +187% |
| Total equity and liabilities | 10/49 | €1,852,479 | €1,416,953 | -€435,526 | -23.5% |
| Equity | 10/15 | €300,113 | €600,475 | +€300,362 | +100% |
| Contributions | 10/11 | €965,000 | €965,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€664,887 | -€364,525 | +€300,362 | +45.2% |
| Amounts payable | 17/49 | €1,552,366 | €816,478 | -€735,888 | -47.4% |
| Amounts payable after more than one year | 17 | €198 | €198 | = | 0.0% |
| Other amounts payable | 178/9 | €198 | €198 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,552,168 | €816,280 | -€735,888 | -47.4% |
| Trade debts | 44 | €2,189 | €3,574 | +€1,385 | +63.3% |
| Suppliers | 440/4 | €2,189 | €3,574 | +€1,385 | +63.3% |
| Taxes, remuneration and social security | 45 | €1,006 | €674 | -€332 | -33.0% |
| Taxes | 450/3 | €1,006 | €674 | -€332 | -33.0% |
| Other amounts payable | 47/48 | €1,548,972 | €812,032 | -€736,940 | -47.6% |
| Non-recurring operating income | 76A | - | €290,095 | +€290,095 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,786 | €71,376 | -€1,411 | -1.9% |
| Other operating charges | 640/8 | €19,589 | €27,092 | +€7,504 | +38.3% |
| Gross operating margin | 9900 | €146,512 | €398,149 | +€251,637 | +172% |
| Operating profit (loss) | 9901 | €54,137 | €299,681 | +€245,544 | +454% |
| Financial income | 75/76B | €19 | €1,089 | +€1,070 | +5,616% |
| Recurring financial income | 75 | €19 | €1,089 | +€1,070 | +5,616% |
| Financial charges | 65/66B | €616 | €408 | -€208 | -33.8% |
| Recurring financial charges | 65 | €616 | €408 | -€208 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €53,540 | €300,362 | +€246,822 | +461% |
| Profit (loss) for the period | 9904 | €53,540 | €300,362 | +€246,822 | +461% |
| Profit (loss) for the period to be appropriated | 9905 | €53,540 | €300,362 | +€246,822 | +461% |
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 22 October 2026 via checked.be.