SPIRLET AGRI: 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.
SPIRLET AGRI
Largest movements
- Cash -€193,051
down €193,051 (-93.8%), from €205,717 to €12,667
mainly Trade debts (-€201,125) and Stocks and contracts (-€191,410)
- Stocks and contracts +€191,410
up €191,410 (+89.8%), from €213,095 to €404,505
- Tangible fixed assets -€120,714
down €120,714 (-19.5%), from €619,233 to €498,518
of which Plant, machinery and equipment: -€93,458
- Receivables within one year -€103,434
down €103,434 (-15.3%), from €675,065 to €571,631
of which Trade receivables: -€130,344
- Trade debts -€201,125
down €201,125 (-37.1%), from €542,372 to €341,247
- Debts after one year -€73,014
down €73,014 (-43.6%), from €167,529 to €94,514
- Reserves +€30,000
up €30,000 (+3.9%), from €759,849 to €789,849
of which Non-distributable reserves: +€30,000
- Accrued charges and deferred income +€28,420
up €28,420 (+6,430%), from €442 to €28,862
- Gross operating margin -€6,088
down €6,088 (-2.6%), from €235,178 to €229,090
- Depreciation +€3,825
up €3,825 (+3.1%), from €123,173 to €126,998
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 | €1,855,604 | €1,627,186 | -€228,418 | -12.3% |
| Fixed assets | 21/28 | €625,935 | €502,837 | -€123,098 | -19.7% |
| Intangible fixed assets | 21 | €6,703 | €4,319 | -€2,384 | -35.6% |
| Tangible fixed assets | 22/27 | €619,233 | €498,518 | -€120,714 | -19.5% |
| Land and buildings | 22 | €126,098 | €111,749 | -€14,349 | -11.4% |
| Plant, machinery and equipment | 23 | €452,038 | €358,580 | -€93,458 | -20.7% |
| Furniture and vehicles | 24 | €41,097 | €28,189 | -€12,908 | -31.4% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €1,229,669 | €1,124,349 | -€105,320 | -8.6% |
| Stocks and contracts in progress | 3 | €213,095 | €404,505 | +€191,410 | +89.8% |
| Stocks | 30/36 | €213,095 | €404,505 | +€191,410 | +89.8% |
| Amounts receivable within one year | 40/41 | €675,065 | €571,631 | -€103,434 | -15.3% |
| Trade receivables | 40 | €640,149 | €509,805 | -€130,344 | -20.4% |
| Other amounts receivable | 41 | €34,916 | €61,826 | +€26,910 | +77.1% |
| Current investments | 50/53 | €101,171 | €101,471 | +€300 | +0.3% |
| Cash at bank and in hand | 54/58 | €205,717 | €12,667 | -€193,051 | -93.8% |
| Deferred charges and accrued income | 490/1 | €34,621 | €34,076 | -€545 | -1.6% |
| Total equity and liabilities | 10/49 | €1,855,604 | €1,627,186 | -€228,418 | -12.3% |
| Equity | 10/15 | €1,004,747 | €1,040,819 | +€36,072 | +3.6% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €759,849 | €789,849 | +€30,000 | +3.9% |
| Non-distributable reserves | 130/1 | €738,000 | €768,000 | +€30,000 | +4.1% |
| Reserves not available under the articles | 1311 | €738,000 | €768,000 | +€30,000 | +4.1% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €213,912 | €219,984 | +€6,072 | +2.8% |
| Amounts payable | 17/49 | €850,857 | €586,367 | -€264,490 | -31.1% |
| Amounts payable after more than one year | 17 | €167,529 | €94,514 | -€73,014 | -43.6% |
| Financial debts | 170/4 | €167,529 | €94,514 | -€73,014 | -43.6% |
| Amounts payable within one year | 42/48 | €682,886 | €462,991 | -€219,895 | -32.2% |
| Current portion of amounts payable after more than one year | 42 | €73,014 | €73,014 | = | 0.0% |
| Trade debts | 44 | €542,372 | €341,247 | -€201,125 | -37.1% |
| Suppliers | 440/4 | €542,372 | €341,247 | -€201,125 | -37.1% |
| Taxes, remuneration and social security | 45 | €29,692 | €18,203 | -€11,489 | -38.7% |
| Taxes | 450/3 | €24,062 | €10,513 | -€13,549 | -56.3% |
| Remuneration and social security | 454/9 | €5,630 | €7,690 | +€2,060 | +36.6% |
| Other amounts payable | 47/48 | €37,808 | €30,526 | -€7,282 | -19.3% |
| Accrued charges and deferred income | 492/3 | €442 | €28,862 | +€28,420 | +6,430% |
| Remuneration, social security and pensions | 62 | €37,104 | €39,202 | +€2,098 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,173 | €126,998 | +€3,825 | +3.1% |
| Other operating charges | 640/8 | €5,712 | €5,382 | -€330 | -5.8% |
| Gross operating margin | 9900 | €235,178 | €229,090 | -€6,088 | -2.6% |
| Operating profit (loss) | 9901 | €69,189 | €57,508 | -€11,681 | -16.9% |
| Financial income | 75/76B | €2,474 | €1,075 | -€1,399 | -56.6% |
| Recurring financial income | 75 | €2,474 | €1,075 | -€1,399 | -56.6% |
| Financial charges | 65/66B | €5,026 | €3,984 | -€1,042 | -20.7% |
| Recurring financial charges | 65 | €5,026 | €3,984 | -€1,042 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €66,637 | €54,598 | -€12,038 | -18.1% |
| Income taxes | 67/77 | €17,822 | €18,527 | +€704 | +4.0% |
| Profit (loss) for the period | 9904 | €48,814 | €36,072 | -€12,742 | -26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,814 | €36,072 | -€12,742 | -26.1% |
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 14 October 2026 via checked.be.