SPLINTEX: 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.
SPLINTEX
Largest movements
- Receivables within one year -€69,427
down €69,427 (-99.5%), from €69,767 to €340
of which Other amounts receivable: -€69,748
- Receivables after one year -€12,000
down €12,000 (-11.4%), from €105,000 to €93,000
- Stocks and contracts +€9,983
up €9,983 (+52.6%), from €18,986 to €28,968
- Tangible fixed assets -€7,698
down €7,698 (-22.5%), from €34,192 to €26,494
of which Furniture and vehicles: -€7,306
- Cash +€5,905
up €5,905 (+30.8%), from €19,199 to €25,104
mainly Receivables within one year (+€69,427) and Receivables after one year (+€12,000)
- Trade debts -€18,252
down €18,252 (-83.2%), from €21,949 to €3,697
- Other debts -€17,118
down €17,118 (-74.4%), from €23,021 to €5,903
- Reserves -€13,404
down €13,404 (-10.1%), from €132,150 to €118,746
- Tax, wage and social debts -€12,194
down €12,194 (-54.6%), from €22,340 to €10,146
of which Taxes: -€10,194
- Debts after one year -€6,436
down €6,436 (-32.7%), from €19,665 to €13,229
- Gross operating margin -€43,309
down €43,309 (-83.8%), from €51,690 to €8,381
- Taxes -€13,779
down €13,779 (-98.9%), from €13,937 to €158
- Other operating charges +€8,770
up €8,770 (+274.4%), from €3,196 to €11,966
- Financial income -€1,689
down €1,689 (-32.5%), from €5,199 to €3,510
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 | €248,943 | €176,840 | -€72,103 | -29.0% |
| Fixed assets | 21/28 | €35,892 | €28,194 | -€7,698 | -21.4% |
| Tangible fixed assets | 22/27 | €34,192 | €26,494 | -€7,698 | -22.5% |
| Land and buildings | 22 | €5,819 | €5,427 | -€391 | -6.7% |
| Furniture and vehicles | 24 | €28,373 | €21,067 | -€7,306 | -25.8% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €213,051 | €148,645 | -€64,406 | -30.2% |
| Amounts receivable after more than one year | 29 | €105,000 | €93,000 | -€12,000 | -11.4% |
| Other amounts receivable | 291 | €105,000 | €93,000 | -€12,000 | -11.4% |
| Stocks and contracts in progress | 3 | €18,986 | €28,968 | +€9,983 | +52.6% |
| Stocks | 30/36 | €18,986 | €28,968 | +€9,983 | +52.6% |
| Amounts receivable within one year | 40/41 | €69,767 | €340 | -€69,427 | -99.5% |
| Trade receivables | 40 | €19 | €340 | +€321 | +1726.1% |
| Other amounts receivable | 41 | €69,748 | €0 | -€69,748 | -100.0% |
| Cash at bank and in hand | 54/58 | €19,199 | €25,104 | +€5,905 | +30.8% |
| Deferred charges and accrued income | 490/1 | €99 | €1,233 | +€1,134 | +1142.9% |
| Total equity and liabilities | 10/49 | €248,943 | €176,840 | -€72,103 | -29.0% |
| Equity | 10/15 | €150,750 | €137,346 | -€13,404 | -8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €132,150 | €118,746 | -€13,404 | -10.1% |
| Distributable reserves | 133 | €132,150 | €118,746 | -€13,404 | -10.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €98,192 | €39,493 | -€58,699 | -59.8% |
| Amounts payable after more than one year | 17 | €19,665 | €13,229 | -€6,436 | -32.7% |
| Financial debts | 170/4 | €19,665 | €13,229 | -€6,436 | -32.7% |
| Amounts payable within one year | 42/48 | €78,527 | €26,264 | -€52,263 | -66.6% |
| Current portion of amounts payable after more than one year | 42 | €6,136 | €6,436 | +€300 | +4.9% |
| Financial debts | 43 | €5,081 | €81 | -€5,000 | -98.4% |
| Other loans | 439 | €5,081 | €81 | -€5,000 | -98.4% |
| Trade debts | 44 | €21,949 | €3,697 | -€18,252 | -83.2% |
| Suppliers | 440/4 | €21,949 | €3,697 | -€18,252 | -83.2% |
| Taxes, remuneration and social security | 45 | €22,340 | €10,146 | -€12,194 | -54.6% |
| Taxes | 450/3 | €20,340 | €10,146 | -€10,194 | -50.1% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100.0% |
| Other amounts payable | 47/48 | €23,021 | €5,903 | -€17,118 | -74.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €11 | €0 | -€11 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,634 | €7,698 | +€63 | +0.8% |
| Other operating charges | 640/8 | €3,196 | €11,966 | +€8,770 | +274.4% |
| Non-recurring operating charges | 66A | €310 | €0 | -€310 | -100.0% |
| Gross operating margin | 9900 | €51,690 | €8,381 | -€43,309 | -83.8% |
| Operating profit (loss) | 9901 | €40,538 | -€11,282 | -€51,821 | |
| Financial income | 75/76B | €5,199 | €3,510 | -€1,689 | -32.5% |
| Recurring financial income | 75 | €5,199 | €3,510 | -€1,689 | -32.5% |
| Financial charges | 65/66B | €5,423 | €5,474 | +€51 | +0.9% |
| Recurring financial charges | 65 | €5,423 | €5,474 | +€51 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €40,315 | -€13,246 | -€53,561 | |
| Income taxes | 67/77 | €13,937 | €158 | -€13,779 | -98.9% |
| Profit (loss) for the period | 9904 | €26,378 | -€13,404 | -€39,782 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,378 | -€13,404 | -€39,782 |
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.