SPRIMO HOLDING: 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.
What changed
SPRIMO HOLDING
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€11.1m
2024 · -€184,813-€10.9m
Equity
€7.5m
2024 · €18.6m-€11.1m
Cash
€250,000
2024 · €0+€250,000
Balance sheet total
€23.3m
2024 · €32.5m-€9.3m
Largest movements
Assets
- Financial fixed assets -€10.4m
down €10.4m (-35.7%), from €29.1m to €18.7m
- Receivables within one year +€871,917
up €871,917 (+25.5%), from €3.4m to €4.3m
of which Other amounts receivable: +€1.1m
Equity and liabilities
- Debts after one year +€13.1m
new in 2025: €13.1m
- Other debts -€11.6m
down €11.6m (-91.6%), from €12.7m to €1.1m
- Profit (loss) carried forward -€11.1m
down €11.1m, from €7.6m to -€3.5m
- Current portion of long-term debt +€1.1m
new in 2025: €1.1m
- Trade debts -€1.0m
down €1.0m (-85.6%), from €1.2m to €174,058
Income statement
- Financial charges +€10.8m
up €10.8m (+7,332%), from €146,897 to €10.9m
of which Non-recurring financial charges: +€10.6m
- Services and other goods +€375,994
up €375,994 (+295%), from €127,329 to €503,323
- Turnover +€51,930
up €51,930 (+50.9%), from €102,052 to €153,982
- Staff costs -€8,485
down €8,485 (-67.1%), from €12,638 to €4,153
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.
Result 2024
-€184,813
Turnover
+€51,930
Services and other goods
-€375,994
Staff costs
+€8,485
Depreciation
-€700
Other operating items
+€157,253
Financial charges
-€10.8m
Result 2025
-€11.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€24.4m
Investment
+€10.4m
Financing
+€14.2m
Cash 2024
€0
From operations (derived)
-€24.4m
Net result for the year
-€11.1m
Depreciation
+€700
Receivables within one year
-€871,917
Deferred charges and accrued income
-€8,212
Trade debts
-€1.0m
Other debts
-€11.6m
Accrued charges and deferred income
+€276,057
Investment (derived)
+€10.4m
Investment in fixed assets (net)
+€10.4m
Financing
+€14.2m
Debts after one year
+€13.1m
Current portion of long-term debt
+€1.1m
Contributions, distributions and other
-€0
Not broken down
+€1
Cash 2025
€250,000
brings cash intakes cash outdifference the filed balance sheets leave
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,538,525 | €23,284,984 | -€9.3m | -28.4% |
| Fixed assets | 21/28 | €29,117,625 | €18,733,956 | -€10.4m | -35.7% |
| Tangible fixed assets | 22/27 | - | €2,800 | +€2,800 | |
| Furniture and vehicles | 24 | - | €2,800 | +€2,800 | |
| Financial fixed assets | 28 | €29,117,625 | €18,731,156 | -€10.4m | -35.7% |
| Affiliated companies | 280/1 | €29,117,625 | €18,731,156 | -€10.4m | -35.7% |
| Participating interests | 280 | €29,117,625 | €18,518,997 | -€10.6m | -36.4% |
| Amounts receivable | 281 | - | €212,158 | +€212,158 | |
| Current assets | 29/58 | €3,420,899 | €4,551,028 | +€1.1m | +33.0% |
| Amounts receivable within one year | 40/41 | €3,414,229 | €4,286,146 | +€871,917 | +25.5% |
| Trade receivables | 40 | €335,544 | €153,982 | -€181,562 | -54.1% |
| Other amounts receivable | 41 | €3,078,685 | €4,132,164 | +€1.1m | +34.2% |
| Cash at bank and in hand | 54/58 | €0 | €250,000 | +€250,000 | |
| Deferred charges and accrued income | 490/1 | €6,670 | €14,882 | +€8,212 | +123% |
| Total equity and liabilities | 10/49 | €32,538,525 | €23,284,984 | -€9.3m | -28.4% |
| Equity | 10/15 | €18,634,393 | €7,519,481 | -€11.1m | -59.6% |
| Contributions | 10/11 | €11,000,000 | €11,000,000 | = | 0.0% |
| Capital | 10 | €11,000,000 | €11,000,000 | = | 0.0% |
| Issued capital | 100 | €11,000,000 | €11,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,634,393 | -€3,480,519 | -€11.1m | |
| Amounts payable | 17/49 | €13,904,132 | €15,765,503 | +€1.9m | +13.4% |
| Amounts payable after more than one year | 17 | - | €13,133,558 | +€13.1m | |
| Financial debts | 170/4 | - | €13,133,558 | +€13.1m | |
| Subordinated loans | 170 | - | €13,133,558 | +€13.1m | |
| Amounts payable within one year | 42/48 | €13,904,132 | €2,355,889 | -€11.5m | -83.1% |
| Current portion of amounts payable after more than one year | 42 | - | €1,110,000 | +€1.1m | |
| Trade debts | 44 | €1,211,126 | €174,058 | -€1.0m | -85.6% |
| Suppliers | 440/4 | €1,211,126 | €174,058 | -€1.0m | -85.6% |
| Taxes, remuneration and social security | 45 | - | €0 | = | |
| Taxes | 450/3 | - | €0 | = | |
| Other amounts payable | 47/48 | €12,693,006 | €1,071,831 | -€11.6m | -91.6% |
| Accrued charges and deferred income | 492/3 | - | €276,057 | +€276,057 | |
| Operating income | 70/76A | €1,292,052 | €311,235 | -€980,818 | -75.9% |
| Turnover | 70 | €102,052 | €153,982 | +€51,930 | +50.9% |
| Non-recurring operating income | 76A | €1,190,000 | €157,252 | -€1.0m | -86.8% |
| Operating charges | 60/66A | €1,329,967 | €508,176 | -€821,791 | -61.8% |
| Services and other goods | 61 | €127,329 | €503,323 | +€375,994 | +295% |
| Remuneration, social security and pensions | 62 | €12,638 | €4,153 | -€8,485 | -67.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €700 | +€700 | |
| Non-recurring operating charges | 66A | €1,190,000 | - | -€1.2m | |
| Operating profit (loss) | 9901 | -€37,916 | -€196,942 | -€159,026 | -419% |
| Financial charges | 65/66B | €146,897 | €10,917,970 | +€10.8m | +7,332% |
| Recurring financial charges | 65 | €146,897 | €314,692 | +€167,795 | +114% |
| Debt charges | 650 | €145,635 | €312,730 | +€167,095 | +115% |
| Other financial charges | 652/9 | €1,261 | €1,962 | +€701 | +55.6% |
| Non-recurring financial charges | 66B | - | €10,603,278 | +€10.6m | |
| Profit (loss) for the period before taxes | 9903 | -€184,813 | -€11,114,912 | -€10.9m | -5,914% |
| Profit (loss) for the period | 9904 | -€184,813 | -€11,114,912 | -€10.9m | -5,914% |
| Profit (loss) for the period to be appropriated | 9905 | -€184,813 | -€11,114,912 | -€10.9m | -5,914% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.