SPITI-KRITI: 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.
SPITI-KRITI
Largest movements
- Tangible fixed assets +€11,242
up €11,242 (+5.9%), from €189,013 to €200,255
of which Plant, machinery and equipment: +€19,100
- Cash -€3,989
down €3,989 (-23.1%), from €17,271 to €13,283
mainly Investment in fixed assets (net) (-€20,980) and Debts after one year (-€1,989)
- Reserves +€5,000
up €5,000 (+5.0%), from €100,000 to €105,000
- Current portion of long-term debt +€3,803
up €3,803 (+15.1%), from €25,155 to €28,957
- Gross operating margin -€6,032
down €6,032 (-19.0%), from €31,828 to €25,797
- Taxes -€1,668
down €1,668 (-48.8%), from €3,415 to €1,747
- Depreciation +€645
up €645 (+7.1%), from €9,093 to €9,739
- Financial charges -€353
down €353 (-8.5%), from €4,139 to €3,786
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 | €209,597 | €216,047 | +€6,450 | +3.1% |
| Fixed assets | 21/28 | €189,164 | €200,406 | +€11,242 | +5.9% |
| Tangible fixed assets | 22/27 | €189,013 | €200,255 | +€11,242 | +5.9% |
| Land and buildings | 22 | €178,123 | €170,264 | -€7,859 | -4.4% |
| Plant, machinery and equipment | 23 | €10,890 | €29,990 | +€19,100 | +175% |
| Financial fixed assets | 28 | €151 | €151 | = | 0.0% |
| Current assets | 29/58 | €20,433 | €15,641 | -€4,792 | -23.5% |
| Amounts receivable within one year | 40/41 | €1,260 | €2,358 | +€1,098 | +87.1% |
| Trade receivables | 40 | €649 | €95 | -€554 | -85.4% |
| Other amounts receivable | 41 | €611 | €2,264 | +€1,653 | +270% |
| Cash at bank and in hand | 54/58 | €17,271 | €13,283 | -€3,989 | -23.1% |
| Deferred charges and accrued income | 490/1 | €1,901 | - | -€1,901 | |
| Total equity and liabilities | 10/49 | €209,597 | €216,047 | +€6,450 | +3.1% |
| Equity | 10/15 | €115,461 | €120,703 | +€5,242 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €100,000 | €105,000 | +€5,000 | +5.0% |
| Distributable reserves | 133 | €100,000 | €105,000 | +€5,000 | +5.0% |
| Profit (loss) carried forward | 14 | €9,261 | €9,503 | +€242 | +2.6% |
| Amounts payable | 17/49 | €94,136 | €95,344 | +€1,208 | +1.3% |
| Amounts payable after more than one year | 17 | €63,571 | €61,582 | -€1,989 | -3.1% |
| Financial debts | 170/4 | €43,571 | €41,582 | -€1,989 | -4.6% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,165 | €32,362 | +€3,196 | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €25,155 | €28,957 | +€3,803 | +15.1% |
| Trade debts | 44 | €3,641 | €3,078 | -€563 | -15.5% |
| Suppliers | 440/4 | €3,641 | €3,078 | -€563 | -15.5% |
| Taxes, remuneration and social security | 45 | €370 | €327 | -€43 | -11.7% |
| Taxes | 450/3 | €370 | €327 | -€43 | -11.7% |
| Accrued charges and deferred income | 492/3 | €1,400 | €1,400 | = | 0.0% |
| Non-recurring operating income | 76A | - | €7,286 | +€7,286 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,093 | €9,739 | +€645 | +7.1% |
| Other operating charges | 640/8 | €5,014 | €5,167 | +€154 | +3.1% |
| Non-recurring operating charges | 66A | - | €149 | +€149 | |
| Gross operating margin | 9900 | €31,828 | €25,797 | -€6,032 | -19.0% |
| Operating profit (loss) | 9901 | €17,721 | €10,741 | -€6,980 | -39.4% |
| Financial income | 75/76B | €79 | €33 | -€46 | -58.0% |
| Recurring financial income | 75 | €79 | €33 | -€46 | -58.0% |
| Financial charges | 65/66B | €4,139 | €3,786 | -€353 | -8.5% |
| Recurring financial charges | 65 | €4,139 | €3,786 | -€353 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €13,662 | €6,989 | -€6,673 | -48.8% |
| Income taxes | 67/77 | €3,415 | €1,747 | -€1,668 | -48.8% |
| Profit (loss) for the period | 9904 | €10,246 | €5,242 | -€5,004 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,246 | €5,242 | -€5,004 | -48.8% |
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 21 October 2026 via checked.be.