Spraytec Europe: what changed
Spraytec Europe
Largest movements
- Receivables within one year +€430,646
up €430,646 (+116%), from €371,221 to €801,867
of which Other amounts receivable: +€230,262
- Stocks and contracts -€86,223
down €86,223 (-76.7%), from €112,448 to €26,226
- Cash -€25,325
down €25,325 (-84.0%), from €30,135 to €4,810
mainly Receivables within one year (-€430,646) and Net result for the year (-€261,755)
- Tangible fixed assets +€10,978
new in 2025: €10,978
of which Other tangible fixed assets: +€6,853
- Contributions +€705,909
up €705,909 (+216%), from €326,409 to €1.0m
- Profit (loss) carried forward -€261,755
down €261,755 (-84.3%), from -€310,427 to -€572,182
- Other debts -€212,861
down €212,861 (-47.1%), from €452,212 to €239,351
- Tax, wage and social debts +€87,937
new in 2025: €87,937
of which Remuneration and social security: +€68,099
- Accrued charges and deferred income +€60,510
up €60,510, from €0 to €60,510
- Staff costs +€208,450
new in 2025: €208,450
- Other operating charges +€4,332
up €4,332 (+800%), from €541 to €4,873
- Financial income +€4,112
up €4,112, from €0 to €4,112
- Gross operating margin -€3,936
down €3,936 (-8.3%), from -€47,444 to -€51,380
- Depreciation +€574
new in 2025: €574
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €563,867 | €893,942 | +€330,075 | +58.5% |
| Fixed assets | 21/28 | €50,062 | €61,040 | +€10,978 | +21.9% |
| Tangible fixed assets | 22/27 | - | €10,978 | +€10,978 | |
| Plant, machinery and equipment | 23 | - | €514 | +€514 | |
| Furniture and vehicles | 24 | - | €3,611 | +€3,611 | |
| Other tangible fixed assets | 26 | - | €6,853 | +€6,853 | |
| Financial fixed assets | 28 | €50,062 | €50,062 | = | 0.0% |
| Current assets | 29/58 | €513,805 | €832,903 | +€319,098 | +62.1% |
| Stocks and contracts in progress | 3 | €112,448 | €26,226 | -€86,223 | -76.7% |
| Stocks | 30/36 | €112,448 | €26,226 | -€86,223 | -76.7% |
| Amounts receivable within one year | 40/41 | €371,221 | €801,867 | +€430,646 | +116% |
| Trade receivables | 40 | €363,900 | €564,284 | +€200,384 | +55.1% |
| Other amounts receivable | 41 | €7,321 | €237,583 | +€230,262 | +3,145% |
| Cash at bank and in hand | 54/58 | €30,135 | €4,810 | -€25,325 | -84.0% |
| Total equity and liabilities | 10/49 | €563,867 | €893,942 | +€330,075 | +58.5% |
| Equity | 10/15 | €15,982 | €460,136 | +€444,154 | +2,779% |
| Contributions | 10/11 | €326,409 | €1,032,318 | +€705,909 | +216% |
| Profit (loss) carried forward | 14 | -€310,427 | -€572,182 | -€261,755 | -84.3% |
| Amounts payable | 17/49 | €547,885 | €433,806 | -€114,079 | -20.8% |
| Amounts payable within one year | 42/48 | €547,885 | €373,296 | -€174,589 | -31.9% |
| Trade debts | 44 | €95,674 | €46,009 | -€49,665 | -51.9% |
| Suppliers | 440/4 | €95,674 | €46,009 | -€49,665 | -51.9% |
| Taxes, remuneration and social security | 45 | - | €87,937 | +€87,937 | |
| Taxes | 450/3 | - | €19,838 | +€19,838 | |
| Remuneration and social security | 454/9 | - | €68,099 | +€68,099 | |
| Other amounts payable | 47/48 | €452,212 | €239,351 | -€212,861 | -47.1% |
| Accrued charges and deferred income | 492/3 | €0 | €60,510 | +€60,510 | |
| Remuneration, social security and pensions | 62 | - | €208,450 | +€208,450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €574 | +€574 | |
| Other operating charges | 640/8 | €541 | €4,873 | +€4,332 | +800% |
| Gross operating margin | 9900 | -€47,444 | -€51,380 | -€3,936 | -8.3% |
| Operating profit (loss) | 9901 | -€47,985 | -€265,278 | -€217,292 | -453% |
| Financial income | 75/76B | €0 | €4,112 | +€4,112 | |
| Recurring financial income | 75 | €0 | €4,112 | +€4,112 | |
| Financial charges | 65/66B | €166 | €590 | +€423 | +255% |
| Recurring financial charges | 65 | €166 | €590 | +€423 | +255% |
| Profit (loss) for the period before taxes | 9903 | -€48,151 | -€261,755 | -€213,604 | -444% |
| Profit (loss) for the period | 9904 | -€48,151 | -€261,755 | -€213,604 | -444% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,151 | -€261,755 | -€213,604 | -444% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.