SPOORMANS GLASCONCEPT: 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.
SPOORMANS GLASCONCEPT
Largest movements
- Receivables within one year -€66,674
down €66,674 (-58.3%), from €114,279 to €47,605
of which Trade receivables: -€64,583
- Stocks and contracts -€12,770
no longer reported in 2025 (was €12,770)
- Cash -€1,685
down €1,685 (-6.8%), from €24,861 to €23,176
mainly Contributions, distributions and other (-€76,697) and Trade debts (-€22,665)
- Profit (loss) carried forward -€59,049
down €59,049 (-67.2%), from €87,814 to €28,765
- Trade debts -€22,665
down €22,665 (-37.9%), from €59,773 to €37,108
- Tax, wage and social debts +€3,408
up €3,408 (+84.8%), from €4,019 to €7,427
- Depreciation -€5,341
down €5,341 (-65.5%), from €8,158 to €2,817
- Taxes +€4,015
up €4,015 (+118%), from €3,412 to €7,427
- Gross operating margin +€3,826
up €3,826 (+15.1%), from €25,303 to €29,129
- Other operating charges -€3,576
down €3,576 (-75.7%), from €4,724 to €1,148
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.
Derived cash bridge
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 | €159,169 | €79,300 | -€79,869 | -50.2% |
| Fixed assets | 21/28 | €6,768 | €7,169 | +€401 | +5.9% |
| Tangible fixed assets | 22/27 | €6,768 | €7,169 | +€401 | +5.9% |
| Plant, machinery and equipment | 23 | €3,345 | €2,241 | -€1,104 | -33.0% |
| Furniture and vehicles | 24 | €3,422 | €4,928 | +€1,506 | +44.0% |
| Current assets | 29/58 | €152,401 | €72,131 | -€80,270 | -52.7% |
| Stocks and contracts in progress | 3 | €12,770 | - | -€12,770 | |
| Stocks | 30/36 | €12,770 | - | -€12,770 | |
| Amounts receivable within one year | 40/41 | €114,279 | €47,605 | -€66,674 | -58.3% |
| Trade receivables | 40 | €99,128 | €34,545 | -€64,583 | -65.2% |
| Other amounts receivable | 41 | €15,151 | €13,060 | -€2,091 | -13.8% |
| Cash at bank and in hand | 54/58 | €24,861 | €23,176 | -€1,685 | -6.8% |
| Deferred charges and accrued income | 490/1 | €491 | €1,350 | +€859 | +175% |
| Total equity and liabilities | 10/49 | €159,169 | €79,300 | -€79,869 | -50.2% |
| Equity | 10/15 | €93,814 | €34,765 | -€59,049 | -62.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,814 | €28,765 | -€59,049 | -67.2% |
| Amounts payable | 17/49 | €65,355 | €44,535 | -€20,820 | -31.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €65,355 | €44,535 | -€20,820 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | €1,563 | - | -€1,563 | |
| Trade debts | 44 | €59,773 | €37,108 | -€22,665 | -37.9% |
| Suppliers | 440/4 | €59,773 | €37,108 | -€22,665 | -37.9% |
| Taxes, remuneration and social security | 45 | €4,019 | €7,427 | +€3,408 | +84.8% |
| Taxes | 450/3 | €4,019 | €7,427 | +€3,408 | +84.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,158 | €2,817 | -€5,341 | -65.5% |
| Other operating charges | 640/8 | €4,724 | €1,148 | -€3,576 | -75.7% |
| Gross operating margin | 9900 | €25,303 | €29,129 | +€3,826 | +15.1% |
| Operating profit (loss) | 9901 | €12,420 | €25,164 | +€12,744 | +103% |
| Financial income | 75/76B | €273 | - | -€273 | |
| Recurring financial income | 75 | €273 | - | -€273 | |
| Financial charges | 65/66B | €380 | €89 | -€291 | -76.6% |
| Recurring financial charges | 65 | €380 | €89 | -€291 | -76.6% |
| Profit (loss) for the period before taxes | 9903 | €12,314 | €25,075 | +€12,761 | +104% |
| Income taxes | 67/77 | €3,412 | €7,427 | +€4,015 | +118% |
| Profit (loss) for the period | 9904 | €8,901 | €17,648 | +€8,747 | +98.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,901 | €17,648 | +€8,747 | +98.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.