Spitz Technology: what changed
Two fiscal 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.
Spitz Technology
Largest movements
- Current investments -€270,000
no longer reported in 2025 (was €270,000)
- Receivables within one year +€5,801
up €5,801 (+41.9%), from €13,835 to €19,636
of which Other amounts receivable: +€5,462
- Cash +€5,329
up €5,329 (+6.9%), from €76,977 to €82,306
mainly Current investments (+€270,000) and Net result for the year (+€103,751)
- Profit (loss) carried forward -€225,491
down €225,491 (-68.5%), from €329,242 to €103,751
- Tax, wage and social debts -€33,586
no longer reported in 2025 (was €33,586)
- Gross operating margin -€19,518
down €19,518 (-13.0%), from €149,684 to €130,166
- Taxes -€4,445
down €4,445 (-13.2%), from €33,586 to €29,141
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.
Cash bridge derived
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 | €365,064 | €106,242 | -€258,822 | -70.9% |
| Fixed assets | 21/28 | €4,251 | €4,300 | +€49 | +1.1% |
| Tangible fixed assets | 22/27 | €4,251 | €2,800 | -€1,451 | -34.1% |
| Plant, machinery and equipment | 23 | €51 | - | -€51 | |
| Furniture and vehicles | 24 | €4,200 | €2,800 | -€1,400 | -33.3% |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €360,812 | €101,942 | -€258,871 | -71.7% |
| Amounts receivable within one year | 40/41 | €13,835 | €19,636 | +€5,801 | +41.9% |
| Trade receivables | 40 | €13,200 | €13,539 | +€339 | +2.6% |
| Other amounts receivable | 41 | €635 | €6,097 | +€5,462 | +859.6% |
| Current investments | 50/53 | €270,000 | - | -€270,000 | |
| Cash at bank and in hand | 54/58 | €76,977 | €82,306 | +€5,329 | +6.9% |
| Total equity and liabilities | 10/49 | €365,064 | €106,242 | -€258,822 | -70.9% |
| Equity | 10/15 | €331,242 | €105,751 | -€225,491 | -68.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €329,242 | €103,751 | -€225,491 | -68.5% |
| Amounts payable | 17/49 | €33,821 | €490 | -€33,331 | -98.6% |
| Amounts payable within one year | 42/48 | €33,821 | €490 | -€33,331 | -98.6% |
| Trade debts | 44 | - | €34 | +€34 | |
| Suppliers | 440/4 | - | €34 | +€34 | |
| Taxes, remuneration and social security | 45 | €33,586 | - | -€33,586 | |
| Taxes | 450/3 | €33,586 | - | -€33,586 | |
| Other amounts payable | 47/48 | €235 | €456 | +€221 | +93.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,015 | €1,451 | -€563 | -28.0% |
| Other operating charges | 640/8 | €239 | €243 | +€5 | +2.1% |
| Gross operating margin | 9900 | €149,684 | €130,166 | -€19,518 | -13.0% |
| Operating profit (loss) | 9901 | €147,431 | €128,471 | -€18,960 | -12.9% |
| Financial income | 75/76B | €3,898 | €4,769 | +€871 | +22.3% |
| Recurring financial income | 75 | €3,896 | €4,769 | +€873 | +22.4% |
| Non-recurring financial income | 76B | €2 | - | -€2 | |
| Financial charges | 65/66B | €137 | €347 | +€211 | +154.3% |
| Recurring financial charges | 65 | €137 | €347 | +€211 | +154.3% |
| Profit (loss) for the period before taxes | 9903 | €151,192 | €132,893 | -€18,300 | -12.1% |
| Income taxes | 67/77 | €33,586 | €29,141 | -€4,445 | -13.2% |
| Profit (loss) for the period | 9904 | €117,606 | €103,751 | -€13,855 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €117,606 | €103,751 | -€13,855 | -11.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.