SPIRIT CORNER: 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 CORNER
Largest movements
- Receivables within one year +€24,048
up €24,048 (+53.4%), from €45,014 to €69,062
of which Trade receivables: +€24,066
- Tangible fixed assets -€11,304
down €11,304 (-49.0%), from €23,048 to €11,744
of which Furniture and vehicles: -€10,449
- Cash -€10,648
down €10,648 (-71.1%), from €14,984 to €4,336
mainly Other debts (-€29,493) and Receivables within one year (-€24,048)
- Other debts -€29,493
down €29,493 (-14.9%), from €198,226 to €168,733
- Profit (loss) carried forward +€23,510
up €23,510 (+18.3%), from -€128,214 to -€104,705
- Tax, wage and social debts +€7,416
up €7,416 (+159%), from €4,667 to €12,083
- Gross operating margin +€12,883
up €12,883 (+56.5%), from €22,808 to €35,691
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,046 | €85,142 | +€2,096 | +2.5% |
| Fixed assets | 21/28 | €23,048 | €11,744 | -€11,304 | -49.0% |
| Tangible fixed assets | 22/27 | €23,048 | €11,744 | -€11,304 | -49.0% |
| Plant, machinery and equipment | 23 | €1,852 | €997 | -€854 | -46.1% |
| Furniture and vehicles | 24 | €21,196 | €10,746 | -€10,449 | -49.3% |
| Current assets | 29/58 | €59,998 | €73,398 | +€13,400 | +22.3% |
| Amounts receivable within one year | 40/41 | €45,014 | €69,062 | +€24,048 | +53.4% |
| Trade receivables | 40 | €44,996 | €69,062 | +€24,066 | +53.5% |
| Other amounts receivable | 41 | €18 | - | -€18 | |
| Cash at bank and in hand | 54/58 | €14,984 | €4,336 | -€10,648 | -71.1% |
| Total equity and liabilities | 10/49 | €83,046 | €85,142 | +€2,096 | +2.5% |
| Equity | 10/15 | -€120,149 | -€96,639 | +€23,510 | +19.6% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€128,214 | -€104,705 | +€23,510 | +18.3% |
| Amounts payable | 17/49 | €203,195 | €181,782 | -€21,413 | -10.5% |
| Amounts payable within one year | 42/48 | €203,195 | €181,782 | -€21,413 | -10.5% |
| Trade debts | 44 | €302 | €966 | +€663 | +219% |
| Suppliers | 440/4 | €302 | €966 | +€663 | +219% |
| Taxes, remuneration and social security | 45 | €4,667 | €12,083 | +€7,416 | +159% |
| Taxes | 450/3 | €4,667 | €12,083 | +€7,416 | +159% |
| Other amounts payable | 47/48 | €198,226 | €168,733 | -€29,493 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,142 | €11,304 | +€162 | +1.5% |
| Other operating charges | 640/8 | €387 | €560 | +€172 | +44.5% |
| Gross operating margin | 9900 | €22,808 | €35,691 | +€12,883 | +56.5% |
| Operating profit (loss) | 9901 | €11,279 | €23,827 | +€12,548 | +111% |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €140 | €141 | +€1 | +0.6% |
| Recurring financial charges | 65 | €140 | €141 | +€1 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €11,151 | €23,686 | +€12,535 | +112% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | €10,977 | €23,510 | +€12,533 | +114% |
| Profit (loss) for the period to be appropriated | 9905 | €10,977 | €23,510 | +€12,533 | +114% |
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 24 October 2026 via checked.be.