SPROEITECH: 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.
SPROEITECH
Largest movements
- Receivables within one year -€151,239
down €151,239 (-30.4%), from €498,103 to €346,864
of which Other amounts receivable: -€91,421
- Tangible fixed assets +€24,905
up €24,905 (+16.7%), from €148,999 to €173,904
of which Land and buildings: +€40,629
- Cash -€17,232
down €17,232 (-44.9%), from €38,370 to €21,138
mainly Trade debts (-€183,059) and Investment in fixed assets (net) (-€48,594)
- Trade debts -€183,059
down €183,059 (-63.5%), from €288,113 to €105,053
- Reserves +€56,240
up €56,240 (+28.3%), from €198,627 to €254,867
- Debts after one year -€19,162
down €19,162 (-17.7%), from €108,159 to €88,997
- Short-term financial debts -€9,738
down €9,738 (-28.0%), from €34,738 to €25,000
- Tax, wage and social debts +€7,950
up €7,950 (+12.5%), from €63,476 to €71,427
- Gross operating margin -€19,350
down €19,350 (-14.3%), from €135,514 to €116,164
- Financial charges -€9,077
down €9,077 (-49.5%), from €18,321 to €9,244
of which Non-recurring financial charges: -€8,500
- Financial income +€4,331
up €4,331 (+421%), from €1,029 to €5,360
- Depreciation -€2,324
down €2,324 (-8.9%), from €26,013 to €23,688
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 | €730,874 | €588,600 | -€142,274 | -19.5% |
| Fixed assets | 21/28 | €148,999 | €173,904 | +€24,905 | +16.7% |
| Tangible fixed assets | 22/27 | €148,999 | €173,904 | +€24,905 | +16.7% |
| Land and buildings | 22 | €92,028 | €132,656 | +€40,629 | +44.1% |
| Plant, machinery and equipment | 23 | €7,665 | €4,996 | -€2,670 | -34.8% |
| Furniture and vehicles | 24 | €46,600 | €33,958 | -€12,643 | -27.1% |
| Other tangible fixed assets | 26 | €2,705 | €2,294 | -€411 | -15.2% |
| Current assets | 29/58 | €581,876 | €414,697 | -€167,179 | -28.7% |
| Stocks and contracts in progress | 3 | €43,472 | €46,302 | +€2,830 | +6.5% |
| Stocks | 30/36 | €43,472 | €46,302 | +€2,830 | +6.5% |
| Amounts receivable within one year | 40/41 | €498,103 | €346,864 | -€151,239 | -30.4% |
| Trade receivables | 40 | €369,417 | €309,598 | -€59,819 | -16.2% |
| Other amounts receivable | 41 | €128,686 | €37,265 | -€91,421 | -71.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €38,370 | €21,138 | -€17,232 | -44.9% |
| Deferred charges and accrued income | 490/1 | €1,931 | €393 | -€1,537 | -79.6% |
| Total equity and liabilities | 10/49 | €730,874 | €588,600 | -€142,274 | -19.5% |
| Equity | 10/15 | €217,227 | €273,467 | +€56,240 | +25.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €198,627 | €254,867 | +€56,240 | +28.3% |
| Distributable reserves | 133 | €198,627 | €254,867 | +€56,240 | +28.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €513,647 | €315,133 | -€198,514 | -38.6% |
| Amounts payable after more than one year | 17 | €108,159 | €88,997 | -€19,162 | -17.7% |
| Financial debts | 170/4 | €108,159 | €88,997 | -€19,162 | -17.7% |
| Amounts payable within one year | 42/48 | €405,488 | €220,642 | -€184,847 | -45.6% |
| Current portion of amounts payable after more than one year | 42 | €19,162 | €19,162 | = | 0.0% |
| Financial debts | 43 | €34,738 | €25,000 | -€9,738 | -28.0% |
| Credit institutions | 430/8 | €34,738 | €25,000 | -€9,738 | -28.0% |
| Trade debts | 44 | €288,113 | €105,053 | -€183,059 | -63.5% |
| Suppliers | 440/4 | €288,113 | €105,053 | -€183,059 | -63.5% |
| Taxes, remuneration and social security | 45 | €63,476 | €71,427 | +€7,950 | +12.5% |
| Taxes | 450/3 | €63,476 | €71,427 | +€7,950 | +12.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €5,494 | +€5,494 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,013 | €23,688 | -€2,324 | -8.9% |
| Other operating charges | 640/8 | €1,341 | €878 | -€463 | -34.5% |
| Gross operating margin | 9900 | €135,514 | €116,164 | -€19,350 | -14.3% |
| Operating profit (loss) | 9901 | €108,160 | €91,598 | -€16,562 | -15.3% |
| Financial income | 75/76B | €1,029 | €5,360 | +€4,331 | +421% |
| Recurring financial income | 75 | €1,029 | €5,360 | +€4,331 | +421% |
| Financial charges | 65/66B | €18,321 | €9,244 | -€9,077 | -49.5% |
| Recurring financial charges | 65 | €9,821 | €9,244 | -€577 | -5.9% |
| Non-recurring financial charges | 66B | €8,500 | €0 | -€8,500 | -100% |
| Profit (loss) for the period before taxes | 9903 | €90,868 | €87,714 | -€3,154 | -3.5% |
| Income taxes | 67/77 | €30,360 | €31,473 | +€1,113 | +3.7% |
| Profit (loss) for the period | 9904 | €60,508 | €56,240 | -€4,267 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,508 | €56,240 | -€4,267 | -7.1% |
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 13 October 2026 via checked.be.