SPIRIT: 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.
SPIRIT
Largest movements
- Receivables within one year +€23,202
up €23,202 (+79.7%), from €29,096 to €52,299
- Cash -€10,049
down €10,049 (-55.6%), from €18,082 to €8,033
mainly Receivables within one year (-€23,202) and Tax, wage and social debts (-€4,331)
- Other debts +€12,589
up €12,589 (+26.5%), from €47,504 to €60,093
- Trade debts +€5,730
up €5,730 (+53.3%), from €10,742 to €16,473
- Tax, wage and social debts -€4,331
down €4,331 (-72.3%), from €5,991 to €1,660
of which Taxes: -€2,431
- Profit (loss) carried forward -€835
down €835 (-2.6%), from -€32,480 to -€33,315
- Gross operating margin -€12,987
down €12,987, from €10,537 to -€2,450
- Taxes -€3,396
down €3,396, from €1,700 to -€1,696
- Depreciation -€1,909
no longer reported in 2025 (was €1,909)
- Financial charges -€1,414
down €1,414 (-71.5%), from €1,976 to €563
- Financial income +€996
up €996 (+7,326%), from €14 to €1,009
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 | €47,236 | €60,389 | +€13,153 | +27.8% |
| Fixed assets | 21/28 | €58 | €58 | = | 0.0% |
| Financial fixed assets | 28 | €58 | €58 | = | 0.0% |
| Current assets | 29/58 | €47,178 | €60,332 | +€13,153 | +27.9% |
| Amounts receivable within one year | 40/41 | €29,096 | €52,299 | +€23,202 | +79.7% |
| Trade receivables | 40 | €29,096 | €52,299 | +€23,202 | +79.7% |
| Cash at bank and in hand | 54/58 | €18,082 | €8,033 | -€10,049 | -55.6% |
| Total equity and liabilities | 10/49 | €47,236 | €60,389 | +€13,153 | +27.8% |
| Equity | 10/15 | -€17,001 | -€17,836 | -€835 | -4.9% |
| Contributions | 10/11 | €13,618 | €13,618 | = | 0.0% |
| Capital | 10 | €13,618 | €13,618 | = | 0.0% |
| Issued capital | 100 | €18,607 | €18,607 | = | 0.0% |
| Uncalled capital | 101 | €4,989 | €4,989 | = | 0.0% |
| Reserves | 13 | €1,861 | €1,861 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,861 | €1,861 | = | 0.0% |
| Legal reserve | 130 | €1,861 | €1,861 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,480 | -€33,315 | -€835 | -2.6% |
| Amounts payable | 17/49 | €64,237 | €78,226 | +€13,989 | +21.8% |
| Amounts payable within one year | 42/48 | €64,237 | €78,226 | +€13,989 | +21.8% |
| Trade debts | 44 | €10,742 | €16,473 | +€5,730 | +53.3% |
| Suppliers | 440/4 | €10,742 | €16,473 | +€5,730 | +53.3% |
| Taxes, remuneration and social security | 45 | €5,991 | €1,660 | -€4,331 | -72.3% |
| Taxes | 450/3 | €4,091 | €1,660 | -€2,431 | -59.4% |
| Remuneration and social security | 454/9 | €1,900 | - | -€1,900 | |
| Other amounts payable | 47/48 | €47,504 | €60,093 | +€12,589 | +26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,909 | - | -€1,909 | |
| Other operating charges | 640/8 | €516 | €529 | +€12 | +2.4% |
| Gross operating margin | 9900 | €10,537 | -€2,450 | -€12,987 | |
| Operating profit (loss) | 9901 | €8,112 | -€2,978 | -€11,091 | |
| Financial income | 75/76B | €14 | €1,009 | +€996 | +7,326% |
| Recurring financial income | 75 | €14 | €1,009 | +€996 | +7,326% |
| Financial charges | 65/66B | €1,976 | €563 | -€1,414 | -71.5% |
| Recurring financial charges | 65 | €1,976 | €563 | -€1,414 | -71.5% |
| Profit (loss) for the period before taxes | 9903 | €6,150 | -€2,532 | -€8,682 | |
| Income taxes | 67/77 | €1,700 | -€1,696 | -€3,396 | |
| Profit (loss) for the period | 9904 | €4,450 | -€835 | -€5,285 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,450 | -€835 | -€5,285 |
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.