SPRINT REPLY: 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.
SPRINT REPLY
Largest movements
- Cash +€1.5m
up €1.5m (+1083.8%), from €138,482 to €1.6m
mainly Contributions, distributions and other (+€1.5m) and Trade debts (+€592,569)
- Deferred charges and accrued income -€167,195
down €167,195 (-100.0%), from €167,195 to €0
- Receivables within one year +€111,472
up €111,472 (+69.0%), from €161,597 to €273,069
of which Trade receivables: +€97,270
- Trade debts +€592,569
up €592,569 (+298.0%), from €198,827 to €791,397
- Contributions +€500,000
up €500,000 (+50.0%), from €1.0m to €1.5m
- Other debts +€253,598
up €253,598 (+129.1%), from €196,402 to €450,000
- Profit (loss) carried forward +€200,728
up €200,728 (+19.5%), from -€1.0m to -€828,576
- Accrued charges and deferred income -€91,694
down €91,694 (-100.0%), from €91,694 to €0
- Gross operating margin -€1.4m
down €1.4m, from €746,829 to -€694,389
- Staff costs -€668,546
down €668,546 (-89.1%), from €750,460 to €81,914
- Financial charges +€12,536
up €12,536 (+482.8%), from €2,596 to €15,133
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 | €481,630 | €1,922,145 | +€1.4m | +299.1% |
| Fixed assets | 21/28 | €14,357 | €9,800 | -€4,557 | -31.7% |
| Tangible fixed assets | 22/27 | €14,357 | €9,800 | -€4,557 | -31.7% |
| Furniture and vehicles | 24 | €14,357 | €9,800 | -€4,557 | -31.7% |
| Current assets | 29/58 | €467,273 | €1,912,345 | +€1.4m | +309.3% |
| Amounts receivable within one year | 40/41 | €161,597 | €273,069 | +€111,472 | +69.0% |
| Trade receivables | 40 | €161,597 | €258,867 | +€97,270 | +60.2% |
| Other amounts receivable | 41 | €0 | €14,202 | +€14,202 | |
| Cash at bank and in hand | 54/58 | €138,482 | €1,639,276 | +€1.5m | +1083.8% |
| Deferred charges and accrued income | 490/1 | €167,195 | €0 | -€167,195 | -100.0% |
| Total equity and liabilities | 10/49 | €481,630 | €1,922,145 | +€1.4m | +299.1% |
| Equity | 10/15 | -€24,830 | €675,898 | +€700,728 | |
| Contributions | 10/11 | €1,000,000 | €1,500,000 | +€500,000 | +50.0% |
| Capital | 10 | €1,000,000 | €1,500,000 | +€500,000 | +50.0% |
| Issued capital | 100 | €1,000,000 | €1,500,000 | +€500,000 | +50.0% |
| Reserves | 13 | €4,474 | €4,474 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,474 | €4,474 | = | 0.0% |
| Legal reserve | 130 | €4,474 | €4,474 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,029,304 | -€828,576 | +€200,728 | +19.5% |
| Amounts payable | 17/49 | €506,459 | €1,246,247 | +€739,787 | +146.1% |
| Amounts payable within one year | 42/48 | €414,765 | €1,246,247 | +€831,481 | +200.5% |
| Trade debts | 44 | €198,827 | €791,397 | +€592,569 | +298.0% |
| Suppliers | 440/4 | €198,827 | €791,397 | +€592,569 | +298.0% |
| Taxes, remuneration and social security | 45 | €19,536 | €4,850 | -€14,686 | -75.2% |
| Taxes | 450/3 | €14,549 | €273 | -€14,276 | -98.1% |
| Remuneration and social security | 454/9 | €4,987 | €4,577 | -€410 | -8.2% |
| Other amounts payable | 47/48 | €196,402 | €450,000 | +€253,598 | +129.1% |
| Accrued charges and deferred income | 492/3 | €91,694 | €0 | -€91,694 | -100.0% |
| Non-recurring operating income | 76A | €83,740 | €268 | -€83,472 | -99.7% |
| Remuneration, social security and pensions | 62 | €750,460 | €81,914 | -€668,546 | -89.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,196 | €6,493 | +€2,297 | +54.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | - | €1,072 | +€1,072 | |
| Non-recurring operating charges | 66A | €7,395 | €0 | -€7,395 | -100.0% |
| Gross operating margin | 9900 | €746,829 | -€694,389 | -€1.4m | |
| Operating profit (loss) | 9901 | -€15,223 | -€783,867 | -€768,644 | -5049.3% |
| Financial income | 75/76B | €1,506 | €54 | -€1,452 | -96.4% |
| Recurring financial income | 75 | €1,506 | €54 | -€1,452 | -96.4% |
| Financial charges | 65/66B | €2,596 | €15,133 | +€12,536 | +482.8% |
| Recurring financial charges | 65 | €2,596 | €15,133 | +€12,536 | +482.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,313 | -€798,946 | -€782,633 | -4797.6% |
| Income taxes | 67/77 | €4,973 | €326 | -€4,647 | -93.4% |
| Profit (loss) for the period | 9904 | -€21,286 | -€799,272 | -€777,986 | -3655.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,286 | -€799,272 | -€777,986 | -3655.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.