SPRONKEN: what changed
What changed
SPRONKEN
NACE 01.430, Raising of horses and other equines
filed annual accounts (NBB)
Net result for the year
€28,091
2024 · €4.8m-€4.8m
Equity
€4.3m
2024 · €4.3m+€28,091
Cash
€2.9m
2024 · €3.3m-€395,982
Balance sheet total
€4.5m
2024 · €4.6m-€140,603
Largest movements
Assets
- Cash -€395,982
down €395,982 (-11.8%), from €3.3m to €2.9m
mainly Receivables within one year (-€222,699) and Trade debts (-€169,464)
- Receivables within one year +€222,699
up €222,699 (+57.8%), from €385,159 to €607,859
of which Trade receivables: +€278,546
- Tangible fixed assets +€98,058
up €98,058 (+21.1%), from €465,750 to €563,809
of which Assets under construction and advance payments: +€126,102
- Stocks and contracts -€65,400
down €65,400 (-41.7%), from €156,903 to €91,503
Equity and liabilities
- Trade debts -€169,464
down €169,464 (-52.9%), from €320,486 to €151,023
Income statement
- Gross operating margin -€6.2m
down €6.2m (-99.1%), from €6.3m to €55,540
- Taxes -€1.3m
down €1.3m (-99.5%), from €1.3m to €6,862
- Financial charges -€110,422
down €110,422 (-98.8%), from €111,769 to €1,347
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€4.8m
Gross operating margin
-€6.2m
Staff costs
-€3,682
Depreciation
-€7,356
Write-downs
+€27,112
Other operating charges
-€1,043
Financial income
+€28,500
Financial charges
+€110,422
Taxes
+€1.3m
Result 2025
€28,091
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€269,880
Investment
-€126,102
Financing
€0
Cash 2024
€3.3m
From operations (derived)
-€269,880
Net result for the year
+€28,091
Depreciation
+€28,043
Stocks and contracts
+€65,400
Receivables within one year
-€222,699
Deferred charges and accrued income
-€21
Trade debts
-€169,464
Tax, wage and social debts
+€769
Investment (derived)
-€126,102
Investment in fixed assets (net)
-€126,102
Cash 2025
€2.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,608,606 | €4,468,002 | -€140,603 | -3.1% |
| Fixed assets | 21/28 | €465,750 | €563,809 | +€98,058 | +21.1% |
| Tangible fixed assets | 22/27 | €465,750 | €563,809 | +€98,058 | +21.1% |
| Plant, machinery and equipment | 23 | €10,140 | €8,786 | -€1,354 | -13.4% |
| Furniture and vehicles | 24 | €12,822 | €8,680 | -€4,143 | -32.3% |
| Other tangible fixed assets | 26 | €292,787 | €270,241 | -€22,547 | -7.7% |
| Assets under construction and advance payments | 27 | €150,000 | €276,102 | +€126,102 | +84.1% |
| Current assets | 29/58 | €4,142,855 | €3,904,194 | -€238,662 | -5.8% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €156,903 | €91,503 | -€65,400 | -41.7% |
| Stocks | 30/36 | €156,903 | €91,503 | -€65,400 | -41.7% |
| Amounts receivable within one year | 40/41 | €385,159 | €607,859 | +€222,699 | +57.8% |
| Trade receivables | 40 | €39,201 | €317,747 | +€278,546 | +711% |
| Other amounts receivable | 41 | €345,959 | €290,112 | -€55,847 | -16.1% |
| Cash at bank and in hand | 54/58 | €3,344,947 | €2,948,966 | -€395,982 | -11.8% |
| Deferred charges and accrued income | 490/1 | €5,846 | €5,866 | +€21 | +0.4% |
| Total equity and liabilities | 10/49 | €4,608,606 | €4,468,002 | -€140,603 | -3.1% |
| Equity | 10/15 | €4,282,664 | €4,310,755 | +€28,091 | +0.7% |
| Contributions | 10/11 | €371,500 | €371,500 | = | 0.0% |
| Reserves | 13 | €3,911,164 | €3,939,255 | +€28,091 | +0.7% |
| Distributable reserves | 133 | €3,911,164 | €3,939,255 | +€28,091 | +0.7% |
| Amounts payable | 17/49 | €325,942 | €157,247 | -€168,695 | -51.8% |
| Amounts payable within one year | 42/48 | €325,942 | €157,247 | -€168,695 | -51.8% |
| Trade debts | 44 | €320,486 | €151,023 | -€169,464 | -52.9% |
| Suppliers | 440/4 | €320,486 | €151,023 | -€169,464 | -52.9% |
| Taxes, remuneration and social security | 45 | €5,456 | €6,224 | +€769 | +14.1% |
| Taxes | 450/3 | €125 | - | -€125 | |
| Remuneration and social security | 454/9 | €5,331 | €6,224 | +€894 | +16.8% |
| Remuneration, social security and pensions | 62 | €27,930 | €31,613 | +€3,682 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,687 | €28,043 | +€7,356 | +35.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,556 | -€8,556 | -€27,112 | |
| Other operating charges | 640/8 | €1,473 | €2,516 | +€1,043 | +70.8% |
| Gross operating margin | 9900 | €6,295,215 | €55,540 | -€6.2m | -99.1% |
| Operating profit (loss) | 9901 | €6,226,568 | €1,924 | -€6.2m | -100.0% |
| Financial income | 75/76B | €5,876 | €34,376 | +€28,500 | +485% |
| Recurring financial income | 75 | €5,876 | €34,376 | +€28,500 | +485% |
| Financial charges | 65/66B | €111,769 | €1,347 | -€110,422 | -98.8% |
| Recurring financial charges | 65 | €111,769 | €1,347 | -€110,422 | -98.8% |
| Profit (loss) for the period before taxes | 9903 | €6,120,676 | €34,954 | -€6.1m | -99.4% |
| Income taxes | 67/77 | €1,308,000 | €6,862 | -€1.3m | -99.5% |
| Profit (loss) for the period | 9904 | €4,812,676 | €28,091 | -€4.8m | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,812,676 | €28,091 | -€4.8m | -99.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.