SplendIT: 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.
SplendIT
Largest movements
- Cash -€341,550
down €341,550 (-89.1%), from €383,482 to €41,933
mainly Trade debts (-€370,160) and Current portion of long-term debt (-€138,889)
- Trade debts -€370,160
down €370,160 (-34.2%), from €1.1m to €712,394
- Other debts +€325,000
up €325,000 (+162.5%), from €200,000 to €525,000
- Current portion of long-term debt -€138,889
down €138,889 (-83.3%), from €166,667 to €27,778
- Tax, wage and social debts -€114,947
down €114,947 (-20.4%), from €563,243 to €448,296
of which Remuneration and social security: -€61,596
- Profit (loss) carried forward -€86,776
down €86,776 (-21.6%), from €400,866 to €314,090
- Gross operating margin -€714,372
down €714,372 (-17.6%), from €4.1m to €3.3m
- Staff costs -€545,884
down €545,884 (-14.1%), from €3.9m to €3.3m
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 | €3,773,101 | €3,435,765 | -€337,336 | -8.9% |
| Fixed assets | 21/28 | €27,973 | €10,939 | -€17,034 | -60.9% |
| Intangible fixed assets | 21 | €957 | €399 | -€557 | -58.3% |
| Tangible fixed assets | 22/27 | €19,642 | €10,220 | -€9,422 | -48.0% |
| Furniture and vehicles | 24 | €9,520 | €2,853 | -€6,667 | -70.0% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €10,122 | €7,367 | -€2,755 | -27.2% |
| Financial fixed assets | 28 | €7,375 | €320 | -€7,055 | -95.7% |
| Current assets | 29/58 | €3,745,128 | €3,424,826 | -€320,302 | -8.6% |
| Amounts receivable within one year | 40/41 | €3,345,157 | €3,357,518 | +€12,361 | +0.4% |
| Trade receivables | 40 | €1,259,972 | €1,068,009 | -€191,963 | -15.2% |
| Other amounts receivable | 41 | €2,085,185 | €2,289,509 | +€204,324 | +9.8% |
| Cash at bank and in hand | 54/58 | €383,482 | €41,933 | -€341,550 | -89.1% |
| Deferred charges and accrued income | 490/1 | €16,488 | €25,375 | +€8,887 | +53.9% |
| Total equity and liabilities | 10/49 | €3,773,101 | €3,435,765 | -€337,336 | -8.9% |
| Equity | 10/15 | €864,267 | €777,491 | -€86,776 | -10.0% |
| Contributions | 10/11 | €353,092 | €353,092 | = | 0.0% |
| Reserves | 13 | €110,309 | €110,309 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €110,309 | €110,309 | = | 0.0% |
| Profit (loss) carried forward | 14 | €400,866 | €314,090 | -€86,776 | -21.6% |
| Amounts payable | 17/49 | €2,908,834 | €2,658,273 | -€250,560 | -8.6% |
| Amounts payable after more than one year | 17 | €27,778 | €0 | -€27,778 | -100.0% |
| Financial debts | 170/4 | €27,778 | €0 | -€27,778 | -100.0% |
| Amounts payable within one year | 42/48 | €2,833,250 | €2,613,032 | -€220,218 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €166,667 | €27,778 | -€138,889 | -83.3% |
| Financial debts | 43 | €820,786 | €899,564 | +€78,778 | +9.6% |
| Credit institutions | 430/8 | €820,786 | €899,564 | +€78,778 | +9.6% |
| Trade debts | 44 | €1,082,554 | €712,394 | -€370,160 | -34.2% |
| Suppliers | 440/4 | €1,082,554 | €712,394 | -€370,160 | -34.2% |
| Taxes, remuneration and social security | 45 | €563,243 | €448,296 | -€114,947 | -20.4% |
| Taxes | 450/3 | €161,064 | €107,713 | -€53,351 | -33.1% |
| Remuneration and social security | 454/9 | €402,179 | €340,584 | -€61,596 | -15.3% |
| Other amounts payable | 47/48 | €200,000 | €525,000 | +€325,000 | +162.5% |
| Accrued charges and deferred income | 492/3 | €47,806 | €45,241 | -€2,564 | -5.4% |
| Remuneration, social security and pensions | 62 | €3,869,175 | €3,323,291 | -€545,884 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,010 | €9,105 | -€8,906 | -49.4% |
| Other operating charges | 640/8 | €1,401 | €1,112 | -€289 | -20.6% |
| Gross operating margin | 9900 | €4,055,315 | €3,340,942 | -€714,372 | -17.6% |
| Operating profit (loss) | 9901 | €166,728 | €7,434 | -€159,294 | -95.5% |
| Financial income | 75/76B | €4,587 | €3 | -€4,584 | -99.9% |
| Recurring financial income | 75 | €4,587 | €3 | -€4,584 | -99.9% |
| Financial charges | 65/66B | €73,882 | €44,607 | -€29,275 | -39.6% |
| Recurring financial charges | 65 | €73,882 | €44,607 | -€29,275 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €97,433 | -€37,171 | -€134,603 | |
| Income taxes | 67/77 | €89,868 | €49,605 | -€40,263 | -44.8% |
| Profit (loss) for the period | 9904 | €7,565 | -€86,776 | -€94,340 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,565 | -€86,776 | -€94,340 |
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 29 September 2026 via checked.be.