SPRANCO: 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.
SPRANCO
Largest movements
- Receivables within one year -€774,171
down €774,171 (-35.1%), from €2.2m to €1.4m
of which Trade receivables: -€550,572
- Cash +€322,557
up €322,557 (+36.9%), from €874,091 to €1.2m
mainly Receivables within one year (+€774,171) and Other debts (+€397,750)
- Stocks and contracts +€66,316
up €66,316 (+19.3%), from €342,973 to €409,289
of which Stocks: +€77,446
- Tangible fixed assets -€63,137
down €63,137 (-19.5%), from €324,031 to €260,894
of which Plant, machinery and equipment: -€110,532
- Trade debts -€458,927
down €458,927 (-25.3%), from €1.8m to €1.4m
- Other debts +€397,750
up €397,750 (+61.7%), from €645,000 to €1.0m
- Reserves -€385,000
down €385,000 (-32.1%), from €1.2m to €814,000
- Gross operating margin +€379,758
up €379,758 (+34.3%), from €1.1m to €1.5m
- Staff costs +€98,868
up €98,868 (+9.7%), from €1.0m to €1.1m
- Other operating charges +€83,722
up €83,722 (+608.9%), from €13,749 to €97,470
- Taxes +€61,484
up €61,484 (+15593.6%), from €394 to €61,878
- Depreciation +€36,217
up €36,217 (+38.6%), from €93,919 to €130,136
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 | €3,949,373 | €3,509,858 | -€439,515 | -11.1% |
| Fixed assets | 21/28 | €324,942 | €268,425 | -€56,517 | -17.4% |
| Tangible fixed assets | 22/27 | €324,031 | €260,894 | -€63,137 | -19.5% |
| Plant, machinery and equipment | 23 | €281,725 | €171,193 | -€110,532 | -39.2% |
| Furniture and vehicles | 24 | €42,307 | €89,701 | +€47,394 | +112.0% |
| Financial fixed assets | 28 | €911 | €7,531 | +€6,620 | +726.7% |
| Current assets | 29/58 | €3,624,431 | €3,241,433 | -€382,998 | -10.6% |
| Stocks and contracts in progress | 3 | €342,973 | €409,289 | +€66,316 | +19.3% |
| Stocks | 30/36 | €329,843 | €407,288 | +€77,446 | +23.5% |
| Contracts in progress | 37 | €13,131 | €2,001 | -€11,130 | -84.8% |
| Amounts receivable within one year | 40/41 | €2,208,010 | €1,433,839 | -€774,171 | -35.1% |
| Trade receivables | 40 | €1,924,655 | €1,374,083 | -€550,572 | -28.6% |
| Other amounts receivable | 41 | €283,354 | €59,756 | -€223,599 | -78.9% |
| Current investments | 50/53 | €195,222 | €201,633 | +€6,411 | +3.3% |
| Cash at bank and in hand | 54/58 | €874,091 | €1,196,648 | +€322,557 | +36.9% |
| Deferred charges and accrued income | 490/1 | €4,135 | €24 | -€4,111 | -99.4% |
| Total equity and liabilities | 10/49 | €3,949,373 | €3,509,858 | -€439,515 | -11.1% |
| Equity | 10/15 | €1,299,700 | €919,001 | -€380,698 | -29.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,199,000 | €814,000 | -€385,000 | -32.1% |
| Distributable reserves | 133 | €1,199,000 | €814,000 | -€385,000 | -32.1% |
| Profit (loss) carried forward | 14 | €700 | €5,001 | +€4,302 | +615.0% |
| Amounts payable | 17/49 | €2,649,673 | €2,590,856 | -€58,817 | -2.2% |
| Amounts payable after more than one year | 17 | €80,800 | €60,600 | -€20,200 | -25.0% |
| Financial debts | 170/4 | €80,800 | €60,600 | -€20,200 | -25.0% |
| Amounts payable within one year | 42/48 | €2,560,873 | €2,522,256 | -€38,617 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €20,200 | €20,200 | = | 0.0% |
| Trade debts | 44 | €1,813,567 | €1,354,640 | -€458,927 | -25.3% |
| Suppliers | 440/4 | €1,813,567 | €1,354,640 | -€458,927 | -25.3% |
| Taxes, remuneration and social security | 45 | €82,106 | €104,666 | +€22,560 | +27.5% |
| Taxes | 450/3 | - | €11,000 | +€11,000 | |
| Remuneration and social security | 454/9 | €82,106 | €93,666 | +€11,560 | +14.1% |
| Other amounts payable | 47/48 | €645,000 | €1,042,750 | +€397,750 | +61.7% |
| Accrued charges and deferred income | 492/3 | €8,000 | €8,000 | = | 0.0% |
| Non-recurring operating income | 76A | €50,753 | €1,653 | -€49,100 | -96.7% |
| Remuneration, social security and pensions | 62 | €1,021,458 | €1,120,326 | +€98,868 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,919 | €130,136 | +€36,217 | +38.6% |
| Other operating charges | 640/8 | €13,749 | €97,470 | +€83,722 | +608.9% |
| Gross operating margin | 9900 | €1,108,283 | €1,488,040 | +€379,758 | +34.3% |
| Operating profit (loss) | 9901 | -€20,843 | €140,108 | +€160,951 | |
| Financial income | 75/76B | €2,740 | €4,803 | +€2,063 | +75.3% |
| Recurring financial income | 75 | €2,740 | €4,803 | +€2,063 | +75.3% |
| Financial charges | 65/66B | -€12,466 | €13,731 | +€26,197 | |
| Recurring financial charges | 65 | -€12,466 | €13,731 | +€26,197 | |
| Profit (loss) for the period before taxes | 9903 | -€5,637 | €131,180 | +€136,817 | |
| Income taxes | 67/77 | €394 | €61,878 | +€61,484 | +15593.6% |
| Profit (loss) for the period | 9904 | -€6,031 | €69,302 | +€75,333 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,031 | €69,302 | +€75,333 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.