SPIRIT TECH: 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 TECH
Largest movements
- Current investments -€740
down €740 (-98.7%), from €750 to €10
- Receivables within one year +€704
up €704 (+217%), from €324 to €1,029
of which Trade receivables: +€1,029
- Cash -€82
down €82 (-17.3%), from €477 to €394
mainly Receivables within one year (-€704) and Net result for the year (-€204)
- Profit (loss) carried forward -€204
down €204 (-6.2%), from -€3,280 to -€3,484
- Tax, wage and social debts +€86
new in 2025: €86
- Gross operating margin +€2,589
up €2,589, from -€2,243 to €346
- Other operating charges -€412
down €412 (-47.2%), from €874 to €462
- Financial charges -€75
down €75 (-45.9%), from €163 to €88
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 | €1,820 | €1,702 | -€118 | -6.5% |
| Fixed assets | 21/28 | €132 | €132 | = | 0.0% |
| Financial fixed assets | 28 | €132 | €132 | = | 0.0% |
| Current assets | 29/58 | €1,688 | €1,570 | -€118 | -7.0% |
| Amounts receivable within one year | 40/41 | €324 | €1,029 | +€704 | +217% |
| Trade receivables | 40 | - | €1,029 | +€1,029 | |
| Other amounts receivable | 41 | €324 | €0 | -€324 | -100% |
| Current investments | 50/53 | €750 | €10 | -€740 | -98.7% |
| Cash at bank and in hand | 54/58 | €477 | €394 | -€82 | -17.3% |
| Deferred charges and accrued income | 490/1 | €137 | €137 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,820 | €1,702 | -€118 | -6.5% |
| Equity | 10/15 | €1,720 | €1,516 | -€204 | -11.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,280 | -€3,484 | -€204 | -6.2% |
| Amounts payable | 17/49 | €100 | €186 | +€86 | +86.4% |
| Amounts payable within one year | 42/48 | €100 | €186 | +€86 | +86.4% |
| Taxes, remuneration and social security | 45 | - | €86 | +€86 | |
| Taxes | 450/3 | - | €86 | +€86 | |
| Other amounts payable | 47/48 | €100 | €100 | = | 0.0% |
| Other operating charges | 640/8 | €874 | €462 | -€412 | -47.2% |
| Gross operating margin | 9900 | -€2,243 | €346 | +€2,589 | |
| Operating profit (loss) | 9901 | -€3,117 | -€116 | +€3,001 | +96.3% |
| Financial charges | 65/66B | €163 | €88 | -€75 | -45.9% |
| Recurring financial charges | 65 | €163 | €88 | -€75 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,280 | -€204 | +€3,076 | +93.8% |
| Profit (loss) for the period | 9904 | -€3,280 | -€204 | +€3,076 | +93.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,280 | -€204 | +€3,076 | +93.8% |
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 18 October 2026 via checked.be.