SPINEUX-CONDROZ SA: what changed
SPINEUX-CONDROZ SA
Largest movements
- Stocks and contracts +€33,222
up €33,222 (+6.0%), from €555,857 to €589,079
- Receivables within one year -€24,445
down €24,445 (-14.8%), from €165,629 to €141,183
of which Other amounts receivable: -€46,566
- Cash -€13,882
down €13,882 (-53.3%), from €26,043 to €12,160
mainly Trade debts (-€120,017) and Stocks and contracts (-€33,222)
- Trade debts -€120,017
down €120,017 (-18.0%), from €667,277 to €547,260
- Tax, wage and social debts +€51,736
up €51,736 (+2,847%), from €1,817 to €53,553
of which Remuneration and social security: +€49,848
- Advances received +€28,655
up €28,655 (+122%), from €23,549 to €52,204
- Other debts +€17,152
up €17,152 (+13.8%), from €124,085 to €141,237
- Profit (loss) carried forward +€16,979
up €16,979 (+30.4%), from -€55,765 to -€38,785
- Gross operating margin +€260,210
up €260,210, from -€43,262 to €216,947
- Staff costs +€180,919
up €180,919 (+7,915%), from €2,286 to €183,205
- Depreciation +€4,349
up €4,349 (+50.6%), from €8,600 to €12,948
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €822,964 | €817,469 | -€5,495 | -0.7% |
| Fixed assets | 21/28 | €74,368 | €72,560 | -€1,808 | -2.4% |
| Tangible fixed assets | 22/27 | €74,368 | €72,560 | -€1,808 | -2.4% |
| Land and buildings | 22 | €31,859 | €38,476 | +€6,617 | +20.8% |
| Plant, machinery and equipment | 23 | €19,234 | €13,617 | -€5,617 | -29.2% |
| Furniture and vehicles | 24 | €23,275 | €20,467 | -€2,808 | -12.1% |
| Current assets | 29/58 | €748,596 | €744,909 | -€3,687 | -0.5% |
| Stocks and contracts in progress | 3 | €555,857 | €589,079 | +€33,222 | +6.0% |
| Stocks | 30/36 | €555,857 | €589,079 | +€33,222 | +6.0% |
| Amounts receivable within one year | 40/41 | €165,629 | €141,183 | -€24,445 | -14.8% |
| Trade receivables | 40 | €36,982 | €59,103 | +€22,120 | +59.8% |
| Other amounts receivable | 41 | €128,646 | €82,081 | -€46,566 | -36.2% |
| Cash at bank and in hand | 54/58 | €26,043 | €12,160 | -€13,882 | -53.3% |
| Deferred charges and accrued income | 490/1 | €1,068 | €2,487 | +€1,419 | +133% |
| Total equity and liabilities | 10/49 | €822,964 | €817,469 | -€5,495 | -0.7% |
| Equity | 10/15 | €6,235 | €23,215 | +€16,979 | +272% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,765 | -€38,785 | +€16,979 | +30.4% |
| Amounts payable | 17/49 | €816,729 | €794,255 | -€22,474 | -2.8% |
| Amounts payable within one year | 42/48 | €816,729 | €794,255 | -€22,474 | -2.8% |
| Trade debts | 44 | €667,277 | €547,260 | -€120,017 | -18.0% |
| Suppliers | 440/4 | €667,277 | €547,260 | -€120,017 | -18.0% |
| Advances received on contracts in progress | 46 | €23,549 | €52,204 | +€28,655 | +122% |
| Taxes, remuneration and social security | 45 | €1,817 | €53,553 | +€51,736 | +2,847% |
| Taxes | 450/3 | €788 | €2,675 | +€1,887 | +239% |
| Remuneration and social security | 454/9 | €1,029 | €50,878 | +€49,848 | +4,843% |
| Other amounts payable | 47/48 | €124,085 | €141,237 | +€17,152 | +13.8% |
| Remuneration, social security and pensions | 62 | €2,286 | €183,205 | +€180,919 | +7,915% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,600 | €12,948 | +€4,349 | +50.6% |
| Other operating charges | 640/8 | €1,656 | €2,888 | +€1,232 | +74.4% |
| Gross operating margin | 9900 | -€43,262 | €216,947 | +€260,210 | |
| Operating profit (loss) | 9901 | -€55,804 | €17,906 | +€73,710 | |
| Financial income | 75/76B | €108 | €74 | -€33 | -30.9% |
| Recurring financial income | 75 | €108 | €74 | -€33 | -30.9% |
| Financial charges | 65/66B | €68 | €1,001 | +€933 | +1,374% |
| Recurring financial charges | 65 | €68 | €1,001 | +€933 | +1,374% |
| Profit (loss) for the period before taxes | 9903 | -€55,765 | €16,979 | +€72,744 | |
| Profit (loss) for the period | 9904 | -€55,765 | €16,979 | +€72,744 | |
| Profit (loss) for the period to be appropriated | 9905 | -€55,765 | €16,979 | +€72,744 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.