SPIETZ Florian: 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.
SPIETZ Florian
Largest movements
- Tangible fixed assets +€33,841
up €33,841 (+933%), from €3,627 to €37,468
of which Land and buildings: +€35,100
- Receivables within one year +€14,724
up €14,724 (+92.2%), from €15,977 to €30,701
of which Trade receivables: +€14,719
- Cash -€1,267
down €1,267 (-85.2%), from €1,487 to €220
mainly Investment in fixed assets (net) (-€40,785) and Receivables within one year (-€14,724)
- Debts after one year +€33,241
new in 2025: €33,241
- Other debts +€18,536
up €18,536 (+433%), from €4,283 to €22,819
- Profit (loss) carried forward -€4,148
down €4,148 (-92.3%), from €4,493 to €346
- Trade debts -€2,797
down €2,797 (-87.3%), from €3,204 to €407
- Current portion of long-term debt +€1,858
new in 2025: €1,858
- Depreciation +€5,685
up €5,685 (+451%), from €1,259 to €6,944
- Gross operating margin -€3,093
down €3,093 (-42.7%), from €7,250 to €4,157
- Taxes -€1,303
down €1,303 (-95.0%), from €1,372 to €69
- Financial charges +€1,024
up €1,024 (+2,354%), from €44 to €1,068
- Other operating charges +€73
up €73 (+48.5%), from €151 to €224
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 | €21,091 | €68,388 | +€47,298 | +224% |
| Fixed assets | 21/28 | €3,627 | €37,468 | +€33,841 | +933% |
| Tangible fixed assets | 22/27 | €3,627 | €37,468 | +€33,841 | +933% |
| Land and buildings | 22 | - | €35,100 | +€35,100 | |
| Furniture and vehicles | 24 | €1,783 | €751 | -€1,033 | -57.9% |
| Other tangible fixed assets | 26 | €1,843 | €1,617 | -€227 | -12.3% |
| Current assets | 29/58 | €17,464 | €30,921 | +€13,457 | +77.1% |
| Amounts receivable within one year | 40/41 | €15,977 | €30,701 | +€14,724 | +92.2% |
| Trade receivables | 40 | €15,977 | €30,696 | +€14,719 | +92.1% |
| Other amounts receivable | 41 | - | €5 | +€5 | |
| Cash at bank and in hand | 54/58 | €1,487 | €220 | -€1,267 | -85.2% |
| Total equity and liabilities | 10/49 | €21,091 | €68,388 | +€47,298 | +224% |
| Equity | 10/15 | €9,493 | €5,346 | -€4,148 | -43.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,493 | €346 | -€4,148 | -92.3% |
| Amounts payable | 17/49 | €11,597 | €63,043 | +€51,445 | +444% |
| Amounts payable after more than one year | 17 | - | €33,241 | +€33,241 | |
| Financial debts | 170/4 | - | €33,241 | +€33,241 | |
| Amounts payable within one year | 42/48 | €11,597 | €29,801 | +€18,204 | +157% |
| Current portion of amounts payable after more than one year | 42 | - | €1,858 | +€1,858 | |
| Trade debts | 44 | €3,204 | €407 | -€2,797 | -87.3% |
| Suppliers | 440/4 | €3,204 | €407 | -€2,797 | -87.3% |
| Taxes, remuneration and social security | 45 | €4,110 | €4,717 | +€608 | +14.8% |
| Taxes | 450/3 | €4,110 | €4,717 | +€608 | +14.8% |
| Other amounts payable | 47/48 | €4,283 | €22,819 | +€18,536 | +433% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,259 | €6,944 | +€5,685 | +451% |
| Other operating charges | 640/8 | €151 | €224 | +€73 | +48.5% |
| Gross operating margin | 9900 | €7,250 | €4,157 | -€3,093 | -42.7% |
| Operating profit (loss) | 9901 | €5,840 | -€3,011 | -€8,851 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €44 | €1,068 | +€1,024 | +2,354% |
| Recurring financial charges | 65 | €44 | €1,068 | +€1,024 | +2,354% |
| Profit (loss) for the period before taxes | 9903 | €5,797 | -€4,079 | -€9,876 | |
| Income taxes | 67/77 | €1,372 | €69 | -€1,303 | -95.0% |
| Profit (loss) for the period | 9904 | €4,425 | -€4,148 | -€8,573 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,425 | -€4,148 | -€8,573 |
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 13 October 2026 via checked.be.