SPRL VESIMIES: 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.
SPRL VESIMIES
Largest movements
- Cash +€62,732
up €62,732 (+14.6%), from €429,446 to €492,178
mainly Net result for the year (+€68,545) and Depreciation (+€901)
- Receivables within one year +€6,105
up €6,105 (+93.5%), from €6,526 to €12,631
of which Trade receivables: +€6,161
- Reserves +€68,545
up €68,545 (+21.7%), from €315,908 to €384,453
of which Distributable reserves: +€68,545
- Gross operating margin +€21,019
up €21,019 (+28.1%), from €74,912 to €95,931
- Taxes +€5,994
up €5,994 (+29.7%), from €20,175 to €26,170
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €437,662 | €505,710 | +€68,049 | +15.5% |
| Fixed assets | 21/28 | €900 | €113 | -€787 | -87.4% |
| Tangible fixed assets | 22/27 | €900 | €113 | -€787 | -87.4% |
| Plant, machinery and equipment | 23 | - | €93 | +€93 | |
| Furniture and vehicles | 24 | €900 | €21 | -€879 | -97.7% |
| Current assets | 29/58 | €436,762 | €505,597 | +€68,836 | +15.8% |
| Amounts receivable within one year | 40/41 | €6,526 | €12,631 | +€6,105 | +93.5% |
| Trade receivables | 40 | €6,470 | €12,631 | +€6,161 | +95.2% |
| Other amounts receivable | 41 | €56 | - | -€56 | |
| Current investments | 50/53 | €359 | €361 | +€2 | +0.7% |
| Cash at bank and in hand | 54/58 | €429,446 | €492,178 | +€62,732 | +14.6% |
| Deferred charges and accrued income | 490/1 | €431 | €427 | -€3 | -0.8% |
| Total equity and liabilities | 10/49 | €437,662 | €505,710 | +€68,049 | +15.5% |
| Equity | 10/15 | €421,663 | €490,208 | +€68,545 | +16.3% |
| Contributions | 10/11 | €97,360 | €97,360 | = | 0.0% |
| Reserves | 13 | €315,908 | €384,453 | +€68,545 | +21.7% |
| Non-distributable reserves | 130/1 | €9,710 | €9,710 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,710 | €9,710 | = | 0.0% |
| Distributable reserves | 133 | €306,198 | €374,743 | +€68,545 | +22.4% |
| Profit (loss) carried forward | 14 | €8,395 | €8,395 | = | 0.0% |
| Amounts payable | 17/49 | €15,999 | €15,503 | -€496 | -3.1% |
| Amounts payable within one year | 42/48 | €15,933 | €15,436 | -€498 | -3.1% |
| Trade debts | 44 | €465 | €968 | +€503 | +108% |
| Suppliers | 440/4 | €465 | €968 | +€503 | +108% |
| Taxes, remuneration and social security | 45 | €14,605 | €13,628 | -€977 | -6.7% |
| Taxes | 450/3 | €14,605 | €13,628 | -€977 | -6.7% |
| Other amounts payable | 47/48 | €864 | €840 | -€24 | -2.8% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,238 | €901 | -€337 | -27.2% |
| Other operating charges | 640/8 | - | €44 | +€44 | |
| Gross operating margin | 9900 | €74,912 | €95,931 | +€21,019 | +28.1% |
| Operating profit (loss) | 9901 | €73,674 | €94,985 | +€21,311 | +28.9% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €97 | €274 | +€177 | +182% |
| Recurring financial charges | 65 | €97 | €274 | +€177 | +182% |
| Profit (loss) for the period before taxes | 9903 | €73,577 | €94,715 | +€21,138 | +28.7% |
| Income taxes | 67/77 | €20,175 | €26,170 | +€5,994 | +29.7% |
| Profit (loss) for the period | 9904 | €53,402 | €68,545 | +€15,143 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,402 | €68,545 | +€15,143 | +28.4% |
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 28 October 2026 via checked.be.