Spirit-IT: 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-IT
Largest movements
- Tangible fixed assets -€15,401
down €15,401 (-23.4%), from €65,917 to €50,516
of which Furniture and vehicles: -€14,608
- Cash +€8,457
up €8,457 (+21.8%), from €38,777 to €47,234
mainly Depreciation (+€16,859) and Net result for the year (+€6,246)
- Receivables within one year -€1,432
down €1,432 (-9.7%), from €14,797 to €13,366
of which Trade receivables: -€1,487
- Debts after one year -€13,052
down €13,052 (-27.1%), from €48,164 to €35,112
- Profit (loss) carried forward +€6,246
up €6,246 (+14.6%), from €42,724 to €48,971
- Tax, wage and social debts -€3,569
down €3,569 (-23.3%), from €15,329 to €11,760
- Trade debts +€1,818
up €1,818 (+1,986%), from €92 to €1,909
- Gross operating margin -€20,786
down €20,786 (-39.2%), from €52,985 to €32,199
- Turnover -€17,761
down €17,761 (-10.1%), from €175,977 to €158,216
- Depreciation +€5,765
up €5,765 (+52.0%), from €11,094 to €16,859
- Taxes -€5,263
down €5,263 (-57.9%), from €9,089 to €3,826
- Purchases and services +€3,025
up €3,025 (+2.5%), from €122,992 to €126,018
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 | €122,744 | €114,247 | -€8,497 | -6.9% |
| Fixed assets | 21/28 | €66,752 | €51,076 | -€15,676 | -23.5% |
| Intangible fixed assets | 21 | €835 | €560 | -€275 | -32.9% |
| Tangible fixed assets | 22/27 | €65,917 | €50,516 | -€15,401 | -23.4% |
| Plant, machinery and equipment | 23 | €3,135 | €2,342 | -€793 | -25.3% |
| Furniture and vehicles | 24 | €62,782 | €48,174 | -€14,608 | -23.3% |
| Current assets | 29/58 | €55,991 | €63,170 | +€7,179 | +12.8% |
| Amounts receivable within one year | 40/41 | €14,797 | €13,366 | -€1,432 | -9.7% |
| Trade receivables | 40 | €14,797 | €13,310 | -€1,487 | -10.1% |
| Other amounts receivable | 41 | - | €56 | +€56 | |
| Cash at bank and in hand | 54/58 | €38,777 | €47,234 | +€8,457 | +21.8% |
| Deferred charges and accrued income | 490/1 | €2,417 | €2,570 | +€153 | +6.3% |
| Total equity and liabilities | 10/49 | €122,744 | €114,247 | -€8,497 | -6.9% |
| Equity | 10/15 | €45,724 | €51,971 | +€6,246 | +13.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,724 | €48,971 | +€6,246 | +14.6% |
| Amounts payable | 17/49 | €77,019 | €62,276 | -€14,743 | -19.1% |
| Amounts payable after more than one year | 17 | €48,164 | €35,112 | -€13,052 | -27.1% |
| Financial debts | 170/4 | €48,164 | €35,112 | -€13,052 | -27.1% |
| Amounts payable within one year | 42/48 | €28,855 | €27,164 | -€1,691 | -5.9% |
| Financial debts | 43 | €13,104 | €13,052 | -€52 | -0.4% |
| Credit institutions | 430/8 | €13,104 | €13,052 | -€52 | -0.4% |
| Trade debts | 44 | €92 | €1,909 | +€1,818 | +1,986% |
| Suppliers | 440/4 | €92 | €1,909 | +€1,818 | +1,986% |
| Taxes, remuneration and social security | 45 | €15,329 | €11,760 | -€3,569 | -23.3% |
| Taxes | 450/3 | €15,329 | €11,760 | -€3,569 | -23.3% |
| Other amounts payable | 47/48 | €330 | €442 | +€112 | +33.9% |
| Turnover | 70 | €175,977 | €158,216 | -€17,761 | -10.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €122,992 | €126,018 | +€3,025 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,094 | €16,859 | +€5,765 | +52.0% |
| Other operating charges | 640/8 | €3,249 | €3,139 | -€110 | -3.4% |
| Gross operating margin | 9900 | €52,985 | €32,199 | -€20,786 | -39.2% |
| Operating profit (loss) | 9901 | €38,643 | €12,201 | -€26,442 | -68.4% |
| Financial income | 75/76B | €32 | €0 | -€32 | -100.0% |
| Recurring financial income | 75 | €32 | €0 | -€32 | -100.0% |
| Financial charges | 65/66B | €1,799 | €2,129 | +€329 | +18.3% |
| Recurring financial charges | 65 | €1,799 | €2,129 | +€329 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €36,875 | €10,072 | -€26,803 | -72.7% |
| Income taxes | 67/77 | €9,089 | €3,826 | -€5,263 | -57.9% |
| Profit (loss) for the period | 9904 | €27,787 | €6,246 | -€21,540 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,787 | €6,246 | -€21,540 | -77.5% |
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 29 October 2026 via checked.be.