SPL BUILDING: 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.
SPL BUILDING
Largest movements
- Cash +€41,303
up €41,303 (+27.3%), from €151,390 to €192,694
mainly Net result for the year (+€239,030) and Debts after one year (+€131,453)
- Tangible fixed assets +€18,045
up €18,045 (+2.3%), from €798,748 to €816,793
of which Land and buildings: +€29,220
- Debts after one year +€131,453
up €131,453 (+1301.5%), from €10,100 to €141,553
of which Financial debts: +€129,203
- Advances received -€97,390
no longer reported in 2025 (was €97,390)
- Profit (loss) carried forward +€74,744
up €74,744 (+57.0%), from €131,038 to €205,783
- Provisions -€50,000
no longer reported in 2025 (was €50,000)
- Other debts +€26,676
up €26,676 (+18.3%), from €145,555 to €172,231
- Provisions -€50,000
new in 2025: -€50,000
- Depreciation +€12,948
up €12,948 (+16.4%), from €79,007 to €91,955
- Taxes +€8,823
up €8,823 (+11.2%), from €78,433 to €87,256
- Other operating charges +€7,845
up €7,845 (+17.1%), from €45,903 to €53,748
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 | €972,737 | €1,025,958 | +€53,221 | +5.5% |
| Fixed assets | 21/28 | €799,686 | €817,731 | +€18,045 | +2.3% |
| Tangible fixed assets | 22/27 | €798,748 | €816,793 | +€18,045 | +2.3% |
| Land and buildings | 22 | €787,573 | €816,793 | +€29,220 | +3.7% |
| Other tangible fixed assets | 26 | €11,175 | - | -€11,175 | |
| Financial fixed assets | 28 | €938 | €938 | = | 0.0% |
| Current assets | 29/58 | €173,051 | €208,227 | +€35,176 | +20.3% |
| Amounts receivable within one year | 40/41 | €20,002 | €14,184 | -€5,818 | -29.1% |
| Trade receivables | 40 | €18,404 | €13,035 | -€5,369 | -29.2% |
| Other amounts receivable | 41 | €1,599 | €1,150 | -€449 | -28.1% |
| Cash at bank and in hand | 54/58 | €151,390 | €192,694 | +€41,303 | +27.3% |
| Deferred charges and accrued income | 490/1 | €1,658 | €1,349 | -€309 | -18.7% |
| Total equity and liabilities | 10/49 | €972,737 | €1,025,958 | +€53,221 | +5.5% |
| Equity | 10/15 | €425,973 | €500,717 | +€74,744 | +17.5% |
| Contributions | 10/11 | €168,568 | €168,568 | = | 0.0% |
| Capital | 10 | €168,568 | €168,568 | = | 0.0% |
| Issued capital | 100 | €168,568 | €168,568 | = | 0.0% |
| Reserves | 13 | €126,367 | €126,367 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,857 | €16,857 | = | 0.0% |
| Legal reserve | 130 | €16,857 | €16,857 | = | 0.0% |
| Distributable reserves | 133 | €109,510 | €109,510 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,038 | €205,783 | +€74,744 | +57.0% |
| Provisions and deferred taxes | 16 | €50,000 | - | -€50,000 | |
| Provisions for liabilities and charges | 160/5 | €50,000 | - | -€50,000 | |
| Major repairs and maintenance | 162 | €50,000 | - | -€50,000 | |
| Amounts payable | 17/49 | €496,764 | €525,241 | +€28,476 | +5.7% |
| Amounts payable after more than one year | 17 | €10,100 | €141,553 | +€131,453 | +1301.5% |
| Financial debts | 170/4 | €7,500 | €136,703 | +€129,203 | +1722.7% |
| Other amounts payable | 178/9 | €2,600 | €4,850 | +€2,250 | +86.5% |
| Amounts payable within one year | 42/48 | €485,784 | €383,687 | -€102,097 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €43,110 | +€13,110 | +43.7% |
| Financial debts | 43 | €10,000 | - | -€10,000 | |
| Credit institutions | 430/8 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €18,819 | €7,631 | -€11,188 | -59.4% |
| Suppliers | 440/4 | €18,819 | €7,631 | -€11,188 | -59.4% |
| Advances received on contracts in progress | 46 | €97,390 | - | -€97,390 | |
| Taxes, remuneration and social security | 45 | €184,021 | €160,715 | -€23,306 | -12.7% |
| Taxes | 450/3 | €159,179 | €160,715 | +€1,536 | +1.0% |
| Remuneration and social security | 454/9 | €24,842 | - | -€24,842 | |
| Other amounts payable | 47/48 | €145,555 | €172,231 | +€26,676 | +18.3% |
| Accrued charges and deferred income | 492/3 | €880 | - | -€880 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,007 | €91,955 | +€12,948 | +16.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€50,000 | -€50,000 | |
| Other operating charges | 640/8 | €45,903 | €53,748 | +€7,845 | +17.1% |
| Gross operating margin | 9900 | €429,263 | €425,606 | -€3,657 | -0.9% |
| Operating profit (loss) | 9901 | €304,353 | €329,903 | +€25,550 | +8.4% |
| Financial income | 75/76B | €4 | €8 | +€4 | +112.3% |
| Recurring financial income | 75 | €4 | €8 | +€4 | +112.3% |
| Financial charges | 65/66B | €3,826 | €3,625 | -€200 | -5.2% |
| Recurring financial charges | 65 | €3,826 | €3,625 | -€200 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €300,532 | €326,286 | +€25,755 | +8.6% |
| Income taxes | 67/77 | €78,433 | €87,256 | +€8,823 | +11.2% |
| Profit (loss) for the period | 9904 | €222,099 | €239,030 | +€16,931 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €222,099 | €239,030 | +€16,931 | +7.6% |
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 11 October 2026 via checked.be.