SPRIMAT: 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.
SPRIMAT
Largest movements
- Stocks and contracts -€451,463
down €451,463 (-17.0%), from €2.7m to €2.2m
- Cash +€377,425
up €377,425 (+131.3%), from €287,537 to €664,961
- Receivables within one year -€288,616
down €288,616 (-5.7%), from €5.1m to €4.8m
of which Other amounts receivable: -€622,080
- Tangible fixed assets -€94,227
down €94,227 (-24.2%), from €390,124 to €295,896
of which Land and buildings: -€131,290
- Trade debts -€1.0m
down €1.0m (-17.8%), from €5.7m to €4.7m
- Accrued charges and deferred income +€926,600
up €926,600 (+261.0%), from €355,000 to €1.3m
- Other debts -€420,208
no longer reported in 2025 (was €420,208)
- Profit (loss) carried forward +€134,612
up €134,612 (+10.1%), from €1.3m to €1.5m
- Tax, wage and social debts +€94,673
up €94,673 (+297.2%), from €31,855 to €126,528
of which Taxes: +€81,787
- Gross operating margin -€243,593
down €243,593 (-34.3%), from €710,326 to €466,733
- Depreciation -€73,346
down €73,346 (-67.4%), from €108,785 to €35,439
- Taxes -€31,332
down €31,332 (-39.0%), from €80,386 to €49,054
- Staff costs -€17,855
down €17,855 (-6.7%), from €265,876 to €248,021
- Financial charges -€15,074
down €15,074 (-37.4%), from €40,286 to €25,211
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,630,030 | €8,175,309 | -€454,720 | -5.3% |
| Fixed assets | 21/28 | €626,936 | €532,708 | -€94,227 | -15.0% |
| Tangible fixed assets | 22/27 | €390,124 | €295,896 | -€94,227 | -24.2% |
| Land and buildings | 22 | €227,290 | €96,000 | -€131,290 | -57.8% |
| Plant, machinery and equipment | 23 | €3,008 | €178,928 | +€175,921 | +5849.4% |
| Furniture and vehicles | 24 | €26,894 | €16,840 | -€10,054 | -37.4% |
| Leasing and similar rights | 25 | €121,000 | - | -€121,000 | |
| Other tangible fixed assets | 26 | €11,932 | €4,128 | -€7,804 | -65.4% |
| Financial fixed assets | 28 | €236,812 | €236,812 | = | 0.0% |
| Current assets | 29/58 | €8,003,094 | €7,642,601 | -€360,493 | -4.5% |
| Stocks and contracts in progress | 3 | €2,661,802 | €2,210,339 | -€451,463 | -17.0% |
| Stocks | 30/36 | €2,661,802 | €2,210,339 | -€451,463 | -17.0% |
| Amounts receivable within one year | 40/41 | €5,053,623 | €4,765,007 | -€288,616 | -5.7% |
| Trade receivables | 40 | €4,311,362 | €4,644,826 | +€333,464 | +7.7% |
| Other amounts receivable | 41 | €742,261 | €120,181 | -€622,080 | -83.8% |
| Cash at bank and in hand | 54/58 | €287,537 | €664,961 | +€377,425 | +131.3% |
| Deferred charges and accrued income | 490/1 | €133 | €2,294 | +€2,161 | +1623.3% |
| Total equity and liabilities | 10/49 | €8,630,030 | €8,175,309 | -€454,720 | -5.3% |
| Equity | 10/15 | €1,368,569 | €1,503,182 | +€134,612 | +9.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €20,605 | €20,605 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,329,414 | €1,464,027 | +€134,612 | +10.1% |
| Amounts payable | 17/49 | €7,261,460 | €6,672,128 | -€589,333 | -8.1% |
| Amounts payable after more than one year | 17 | €105,000 | €17,740 | -€87,260 | -83.1% |
| Financial debts | 170/4 | €105,000 | €17,740 | -€87,260 | -83.1% |
| Amounts payable within one year | 42/48 | €6,801,460 | €5,372,788 | -€1.4m | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €102,867 | €21,020 | -€81,847 | -79.6% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | - | -€500,000 | |
| Other loans | 439 | - | €500,000 | +€500,000 | |
| Trade debts | 44 | €5,746,531 | €4,725,240 | -€1.0m | -17.8% |
| Suppliers | 440/4 | €5,746,531 | €4,725,240 | -€1.0m | -17.8% |
| Taxes, remuneration and social security | 45 | €31,855 | €126,528 | +€94,673 | +297.2% |
| Taxes | 450/3 | €5,720 | €87,507 | +€81,787 | +1429.8% |
| Remuneration and social security | 454/9 | €26,135 | €39,021 | +€12,886 | +49.3% |
| Other amounts payable | 47/48 | €420,208 | - | -€420,208 | |
| Accrued charges and deferred income | 492/3 | €355,000 | €1,281,600 | +€926,600 | +261.0% |
| Remuneration, social security and pensions | 62 | €265,876 | €248,021 | -€17,855 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,785 | €35,439 | -€73,346 | -67.4% |
| Other operating charges | 640/8 | €18,007 | €19,179 | +€1,172 | +6.5% |
| Gross operating margin | 9900 | €710,326 | €466,733 | -€243,593 | -34.3% |
| Operating profit (loss) | 9901 | €317,658 | €164,095 | -€153,563 | -48.3% |
| Financial income | 75/76B | €9,113 | €14,622 | +€5,509 | +60.4% |
| Recurring financial income | 75 | €9,113 | €14,622 | +€5,509 | +60.4% |
| Financial charges | 65/66B | €40,286 | €25,211 | -€15,074 | -37.4% |
| Recurring financial charges | 65 | €40,286 | €25,211 | -€15,074 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | €286,486 | €153,506 | -€132,980 | -46.4% |
| Income taxes | 67/77 | €80,386 | €49,054 | -€31,332 | -39.0% |
| Profit (loss) for the period | 9904 | €206,100 | €104,452 | -€101,648 | -49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €206,100 | €104,452 | -€101,648 | -49.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.