SPIJKER BEHEER: 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.
SPIJKER BEHEER
Largest movements
- Tangible fixed assets -€33,410
down €33,410 (-6.2%), from €536,327 to €502,918
of which Land and buildings: -€35,859
- Receivables within one year +€12,794
up €12,794 (+3,656%), from €350 to €13,144
of which Other amounts receivable: +€13,144
- Other debts -€127,826
down €127,826 (-57.2%), from €223,478 to €95,652
- Debts after one year +€124,969
up €124,969 (+5,207%), from €2,400 to €127,369
of which Financial debts: +€124,969
- Profit (loss) carried forward -€18,337
down €18,337 (-7.1%), from -€257,445 to -€275,782
- Gross operating margin +€14,274
up €14,274 (+70.0%), from €20,401 to €34,675
- Financial charges +€3,860
up €3,860 (+272%), from €1,417 to €5,276
- Depreciation +€3,607
up €3,607 (+9.7%), from €37,152 to €40,760
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 | €539,123 | €520,641 | -€18,481 | -3.4% |
| Fixed assets | 21/28 | €536,577 | €503,168 | -€33,410 | -6.2% |
| Tangible fixed assets | 22/27 | €536,327 | €502,918 | -€33,410 | -6.2% |
| Land and buildings | 22 | €513,565 | €477,706 | -€35,859 | -7.0% |
| Plant, machinery and equipment | 23 | €22,763 | €25,212 | +€2,450 | +10.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €2,545 | €17,474 | +€14,928 | +586% |
| Amounts receivable within one year | 40/41 | €350 | €13,144 | +€12,794 | +3,656% |
| Trade receivables | 40 | €350 | €0 | -€350 | -100% |
| Other amounts receivable | 41 | - | €13,144 | +€13,144 | |
| Cash at bank and in hand | 54/58 | €955 | €3,038 | +€2,083 | +218% |
| Deferred charges and accrued income | 490/1 | €1,240 | €1,291 | +€51 | +4.1% |
| Total equity and liabilities | 10/49 | €539,123 | €520,641 | -€18,481 | -3.4% |
| Equity | 10/15 | €312,710 | €294,373 | -€18,337 | -5.9% |
| Contributions | 10/11 | €570,155 | €570,155 | = | 0.0% |
| Capital | 10 | €570,155 | €570,155 | = | 0.0% |
| Issued capital | 100 | €570,155 | €570,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€257,445 | -€275,782 | -€18,337 | -7.1% |
| Amounts payable | 17/49 | €226,413 | €226,268 | -€145 | -0.1% |
| Amounts payable after more than one year | 17 | €2,400 | €127,369 | +€124,969 | +5,207% |
| Financial debts | 170/4 | - | €124,969 | +€124,969 | |
| Other amounts payable | 178/9 | €2,400 | €2,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €224,013 | €98,899 | -€125,114 | -55.9% |
| Current portion of amounts payable after more than one year | 42 | - | €342 | +€342 | |
| Trade debts | 44 | €534 | €2,904 | +€2,370 | +444% |
| Suppliers | 440/4 | €534 | €2,904 | +€2,370 | +444% |
| Other amounts payable | 47/48 | €223,478 | €95,652 | -€127,826 | -57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,152 | €40,760 | +€3,607 | +9.7% |
| Other operating charges | 640/8 | €6,903 | €7,102 | +€199 | +2.9% |
| Gross operating margin | 9900 | €20,401 | €34,675 | +€14,274 | +70.0% |
| Operating profit (loss) | 9901 | -€23,654 | -€13,187 | +€10,467 | +44.3% |
| Financial income | 75/76B | - | €127 | +€127 | |
| Recurring financial income | 75 | - | €127 | +€127 | |
| Financial charges | 65/66B | €1,417 | €5,276 | +€3,860 | +272% |
| Recurring financial charges | 65 | €1,417 | €5,276 | +€3,860 | +272% |
| Profit (loss) for the period before taxes | 9903 | -€25,071 | -€18,337 | +€6,734 | +26.9% |
| Profit (loss) for the period | 9904 | -€25,071 | -€18,337 | +€6,734 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,071 | -€18,337 | +€6,734 | +26.9% |
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 23 October 2026 via checked.be.