SPRIMO INVEST: 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 INVEST
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €449,158+€735,560
Equity
€9.3m
2024 · -+€9.3m
Cash
€242
2024 · €73+€169
Balance sheet total
€21.9m
2024 · €21.8m+€35,309
Largest movements
Assets
- Financial fixed assets +€5.6m
up €5.6m (+41.9%), from €13.3m to €18.8m
of which Affiliated companies: +€5.6m
- Receivables within one year -€5.3m
down €5.3m (-82.0%), from €6.4m to €1.2m
of which Trade receivables: -€5.7m
- Tangible fixed assets -€232,928
down €232,928 (-11.1%), from €2.1m to €1.9m
of which Land and buildings: -€232,928
Equity and liabilities
- Other debts -€1.1m
down €1.1m (-99.2%), from €1.1m to €8,790
- Reserves +€755,040
up €755,040 (+51.5%), from €1.5m to €2.2m
of which Tax-exempt reserves: +€755,040
- Trade debts -€578,989
down €578,989 (-96.4%), from €600,738 to €21,749
- Debts after one year +€444,476
up €444,476 (+4.2%), from €10.7m to €11.1m
- Profit (loss) carried forward +€429,678
up €429,678 (+11.8%), from €3.6m to €4.1m
Income statement
- Goods and materials -€3.6m
no longer reported in 2025 (was €3.6m)
- Other operating income -€3.5m
down €3.5m (-71.0%), from €5.0m to €1.4m
- Financial income +€341,188
new in 2025: €341,188
- Depreciation -€118,806
down €118,806 (-33.8%), from €351,734 to €232,928
- Taxes +€54,582
up €54,582 (+33.8%), from €161,317 to €215,899
of which Taxes: +€53,579
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
€449,158
Turnover
-€1,487
Other operating income
-€3.5m
Goods and materials
+€3.6m
Services and other goods
-€12,889
Staff costs
+€255
Depreciation
+€118,806
Other operating charges
-€19,272
Other operating items
+€574,898
Financial income
+€341,188
Financial charges
-€26,726
Other financial items
-€268,546
Taxes
-€54,582
Result 2025
€1.2m
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
+€4.8m
Investment
-€5.6m
Financing
+€764,017
Cash 2024
€73
From operations (derived)
+€4.8m
Net result for the year
+€1.2m
Depreciation
+€232,928
Receivables within one year
+€5.3m
Smaller working-capital items
+€10,249
Trade debts
-€578,989
Tax, wage and social debts
-€217,338
Other debts
-€1.1m
Investment (derived)
-€5.6m
Investment in fixed assets (net)
-€5.6m
Current investments
+€3,391
Financing
+€764,017
Debts after one year
+€444,476
Current portion of long-term debt
+€121,885
Short-term financial debts
+€197,657
Contributions, distributions and other
-€0
Cash 2025
€242
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,829,288 | €21,864,597 | +€35,309 | +0.2% |
| Fixed assets | 21/28 | €15,375,254 | €20,701,560 | +€5.3m | +34.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €2,104,905 | €1,871,977 | -€232,928 | -11.1% |
| Land and buildings | 22 | €2,104,905 | €1,871,977 | -€232,928 | -11.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €13,270,349 | €18,829,583 | +€5.6m | +41.9% |
| Affiliated companies | 280/1 | €13,264,299 | €18,823,533 | +€5.6m | +41.9% |
| Participating interests | 280 | €1,559,975 | €1,559,975 | = | 0.0% |
| Amounts receivable | 281 | €11,704,324 | €17,263,558 | +€5.6m | +47.5% |
| Other financial fixed assets | 284/8 | €6,050 | €6,050 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €6,050 | €6,050 | = | 0.0% |
| Current assets | 29/58 | €6,454,034 | €1,163,037 | -€5.3m | -82.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Property held for sale | 35 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €6,449,033 | €1,161,419 | -€5.3m | -82.0% |
| Trade receivables | 40 | €5,928,663 | €247,670 | -€5.7m | -95.8% |
| Other amounts receivable | 41 | €520,371 | €913,748 | +€393,377 | +75.6% |
| Current investments | 50/53 | €3,391 | €0 | -€3,391 | -100% |
| Other investments | 51/53 | €3,391 | €0 | -€3,391 | -100% |
| Cash at bank and in hand | 54/58 | €73 | €242 | +€169 | +231% |
| Deferred charges and accrued income | 490/1 | €1,537 | €1,376 | -€161 | -10.4% |
| Total equity and liabilities | 10/49 | €21,829,288 | €21,864,597 | +€35,309 | +0.2% |
| Equity | 10/15 | - | €9,286,139 | +€9.3m | |
| Contributions | 10/11 | €2,446,000 | €2,446,000 | = | 0.0% |
| Capital | 10 | €2,446,000 | €2,446,000 | = | 0.0% |
| Issued capital | 100 | €2,446,000 | €2,446,000 | = | 0.0% |
| Revaluation surpluses | 12 | €558,781 | €558,781 | -€0 | 0.0% |
| Reserves | 13 | €1,467,198 | €2,222,238 | +€755,040 | +51.5% |
| Non-distributable reserves | 130/1 | €244,600 | €244,600 | = | 0.0% |
| Legal reserve | 130 | €244,600 | €244,600 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €755,040 | +€755,040 | |
| Distributable reserves | 133 | €1,222,598 | €1,222,598 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €3,629,443 | €4,059,121 | +€429,678 | +11.8% |
| Amounts payable | 17/49 | €13,727,867 | €12,578,457 | -€1.1m | -8.4% |
| Amounts payable after more than one year | 17 | €10,688,632 | €11,133,108 | +€444,476 | +4.2% |
| Financial debts | 170/4 | €10,688,632 | €11,133,108 | +€444,476 | +4.2% |
| Subordinated loans | 170 | - | €909,957 | +€909,957 | |
| Credit institutions | 173 | €10,688,632 | €10,223,151 | -€465,481 | -4.4% |
| Amounts payable within one year | 42/48 | €3,033,450 | €1,429,476 | -€1.6m | -52.9% |
| Current portion of amounts payable after more than one year | 42 | €820,989 | €942,874 | +€121,885 | +14.8% |
| Financial debts | 43 | €0 | €197,657 | +€197,657 | |
| Credit institutions | 430/8 | €0 | €197,657 | +€197,657 | |
| Trade debts | 44 | €600,738 | €21,749 | -€578,989 | -96.4% |
| Suppliers | 440/4 | €600,738 | €21,749 | -€578,989 | -96.4% |
| Taxes, remuneration and social security | 45 | €475,744 | €258,406 | -€217,338 | -45.7% |
| Taxes | 450/3 | €475,744 | €258,406 | -€217,338 | -45.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,135,978 | €8,790 | -€1.1m | -99.2% |
| Accrued charges and deferred income | 492/3 | €5,785 | €15,873 | +€10,088 | +174% |
| Operating income | 70/76A | €5,135,490 | €2,192,674 | -€2.9m | -57.3% |
| Turnover | 70 | €1,487 | - | -€1,487 | |
| Other operating income | 74 | €4,953,861 | €1,437,634 | -€3.5m | -71.0% |
| Non-recurring operating income | 76A | €180,142 | €755,040 | +€574,898 | +319% |
| Operating charges | 60/66A | €4,325,849 | €638,806 | -€3.7m | -85.2% |
| Goods for resale, raw materials and consumables | 60 | €3,600,142 | - | -€3.6m | |
| Change in stocks: decrease (increase) | 609 | €3,600,142 | - | -€3.6m | |
| Services and other goods | 61 | €133,187 | €146,076 | +€12,889 | +9.7% |
| Remuneration, social security and pensions | 62 | €255 | €0 | -€255 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €351,734 | €232,928 | -€118,806 | -33.8% |
| Other operating charges | 640/8 | €240,530 | €259,802 | +€19,272 | +8.0% |
| Operating profit (loss) | 9901 | €809,642 | €1,553,868 | +€744,226 | +91.9% |
| Financial income | 75/76B | - | €341,188 | +€341,188 | |
| Recurring financial income | 75 | €268,546 | €341,188 | +€72,642 | +27.1% |
| Income from financial fixed assets | 750 | €268,546 | €341,188 | +€72,642 | +27.1% |
| Financial charges | 65/66B | €467,713 | €494,439 | +€26,726 | +5.7% |
| Recurring financial charges | 65 | €467,713 | €493,813 | +€26,100 | +5.6% |
| Debt charges | 650 | €467,713 | €493,813 | +€26,100 | +5.6% |
| Non-recurring financial charges | 66B | - | €627 | +€627 | |
| Profit (loss) for the period before taxes | 9903 | €610,475 | €1,400,617 | +€790,142 | +129% |
| Income taxes | 67/77 | €161,317 | €215,899 | +€54,582 | +33.8% |
| Taxes | 670/3 | €162,320 | €215,899 | +€53,579 | +33.0% |
| Tax adjustments and reversals of tax provisions | 77 | €1,003 | €0 | -€1,003 | -100% |
| Profit (loss) for the period | 9904 | €449,158 | €1,184,718 | +€735,560 | +164% |
| Transfer from tax-exempt reserves | 789 | €1,208,270 | - | -€1.2m | |
| Transfer to tax-exempt reserves | 689 | - | €755,040 | +€755,040 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,657,428 | €429,678 | -€1.2m | -74.1% |
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 27 October 2026 via checked.be.