SPLINTER: 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.
SPLINTER
Largest movements
- Receivables within one year +€15,358
up €15,358 (+11.2%), from €137,557 to €152,916
of which Other amounts receivable: +€9,618
- Trade debts +€14,574
up €14,574 (+946.3%), from €1,540 to €16,114
- Other operating charges +€16,515
up €16,515 (+3128.7%), from €528 to €17,042
- Write-downs -€16,051
new in 2025: -€16,051
- Gross operating margin +€1,942
up €1,942 (+31.5%), from -€6,165 to -€4,223
- Financial income -€562
down €562 (-7.3%), from €7,661 to €7,099
- Financial charges -€435
down €435 (-21.0%), from €2,073 to €1,638
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,885 | €152,940 | +€15,055 | +10.9% |
| Fixed assets | 21/28 | €328 | €24 | -€303 | -92.6% |
| Tangible fixed assets | 22/27 | €328 | €24 | -€303 | -92.6% |
| Furniture and vehicles | 24 | €328 | €24 | -€303 | -92.6% |
| Current assets | 29/58 | €137,557 | €152,916 | +€15,358 | +11.2% |
| Amounts receivable within one year | 40/41 | €137,557 | €152,916 | +€15,358 | +11.2% |
| Trade receivables | 40 | €11,205 | €16,946 | +€5,741 | +51.2% |
| Other amounts receivable | 41 | €126,352 | €135,970 | +€9,618 | +7.6% |
| Total equity and liabilities | 10/49 | €137,885 | €152,940 | +€15,055 | +10.9% |
| Equity | 10/15 | €123,602 | €123,546 | -€56 | 0.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €104,671 | €104,671 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,017 | €17,017 | = | 0.0% |
| Distributable reserves | 133 | €85,794 | €85,794 | = | 0.0% |
| Profit (loss) carried forward | 14 | €340 | €284 | -€56 | -16.4% |
| Amounts payable | 17/49 | €14,283 | €29,393 | +€15,111 | +105.8% |
| Amounts payable within one year | 42/48 | €14,283 | €29,393 | +€15,111 | +105.8% |
| Financial debts | 43 | €12,733 | €12,540 | -€193 | -1.5% |
| Credit institutions | 430/8 | €12,733 | €12,540 | -€193 | -1.5% |
| Trade debts | 44 | €1,540 | €16,114 | +€14,574 | +946.3% |
| Suppliers | 440/4 | €1,540 | €16,114 | +€14,574 | +946.3% |
| Taxes, remuneration and social security | 45 | €9 | €739 | +€729 | +7683.2% |
| Taxes | 450/3 | €9 | €739 | +€729 | +7683.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €480 | €303 | -€176 | -36.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€16,051 | -€16,051 | |
| Other operating charges | 640/8 | €528 | €17,042 | +€16,515 | +3128.7% |
| Gross operating margin | 9900 | -€6,165 | -€4,223 | +€1,942 | +31.5% |
| Operating profit (loss) | 9901 | -€7,173 | -€5,517 | +€1,655 | +23.1% |
| Financial income | 75/76B | €7,661 | €7,099 | -€562 | -7.3% |
| Recurring financial income | 75 | €7,661 | €7,099 | -€562 | -7.3% |
| Financial charges | 65/66B | €2,073 | €1,638 | -€435 | -21.0% |
| Recurring financial charges | 65 | €2,073 | €1,638 | -€435 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,585 | -€56 | +€1,529 | +96.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€1,585 | -€56 | +€1,529 | +96.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,585 | -€56 | +€1,529 | +96.5% |
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 6 October 2026 via checked.be.