VAN DAELE – SPRIET: 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.
VAN DAELE – SPRIET
Largest movements
- Cash +€104,141
up €104,141 (+60.0%), from €173,700 to €277,841
mainly Net result for the year (+€122,344) and Depreciation (+€70,846)
- Intangible fixed assets -€67,870
down €67,870 (-23.8%), from €285,022 to €217,152
- Receivables within one year -€12,815
down €12,815 (-23.3%), from €55,063 to €42,249
- Deferred charges and accrued income +€12,547
up €12,547 (+34.3%), from €36,541 to €49,088
- Tangible fixed assets +€9,667
up €9,667 (+52.6%), from €18,383 to €28,050
of which Plant, machinery and equipment: +€9,985
- Reserves +€88,144
up €88,144 (+24.4%), from €361,468 to €449,612
- Debts after one year -€67,791
down €67,791 (-70.2%), from €96,626 to €28,835
- Tax, wage and social debts +€22,970
up €22,970 (+123%), from €18,647 to €41,616
of which Remuneration and social security: +€16,772
- Gross operating margin +€76,993
up €76,993 (+26.5%), from €290,810 to €367,803
- Staff costs +€46,229
up €46,229 (+66.3%), from €69,771 to €116,000
- Depreciation +€14,996
up €14,996 (+26.9%), from €55,850 to €70,846
- Taxes +€13,697
up €13,697 (+37.3%), from €36,734 to €50,431
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 | €569,249 | €614,921 | +€45,671 | +8.0% |
| Fixed assets | 21/28 | €303,945 | €245,742 | -€58,203 | -19.1% |
| Intangible fixed assets | 21 | €285,022 | €217,152 | -€67,870 | -23.8% |
| Tangible fixed assets | 22/27 | €18,383 | €28,050 | +€9,667 | +52.6% |
| Land and buildings | 22 | €14,994 | €14,676 | -€318 | -2.1% |
| Plant, machinery and equipment | 23 | €3,389 | €13,373 | +€9,985 | +295% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €265,304 | €369,179 | +€103,874 | +39.2% |
| Amounts receivable within one year | 40/41 | €55,063 | €42,249 | -€12,815 | -23.3% |
| Other amounts receivable | 41 | €55,063 | €42,249 | -€12,815 | -23.3% |
| Cash at bank and in hand | 54/58 | €173,700 | €277,841 | +€104,141 | +60.0% |
| Deferred charges and accrued income | 490/1 | €36,541 | €49,088 | +€12,547 | +34.3% |
| Total equity and liabilities | 10/49 | €569,249 | €614,921 | +€45,671 | +8.0% |
| Equity | 10/15 | €367,668 | €455,812 | +€88,144 | +24.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €361,468 | €449,612 | +€88,144 | +24.4% |
| Distributable reserves | 133 | €361,468 | €449,612 | +€88,144 | +24.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €201,581 | €159,109 | -€42,473 | -21.1% |
| Amounts payable after more than one year | 17 | €96,626 | €28,835 | -€67,791 | -70.2% |
| Financial debts | 170/4 | €96,626 | €28,835 | -€67,791 | -70.2% |
| Amounts payable within one year | 42/48 | €104,955 | €130,274 | +€25,319 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €81,206 | €79,401 | -€1,804 | -2.2% |
| Trade debts | 44 | €5,103 | €6,015 | +€912 | +17.9% |
| Suppliers | 440/4 | €5,103 | €6,015 | +€912 | +17.9% |
| Taxes, remuneration and social security | 45 | €18,647 | €41,616 | +€22,970 | +123% |
| Taxes | 450/3 | €3,430 | €9,628 | +€6,198 | +181% |
| Remuneration and social security | 454/9 | €15,217 | €31,989 | +€16,772 | +110% |
| Other amounts payable | 47/48 | - | €3,242 | +€3,242 | |
| Remuneration, social security and pensions | 62 | €69,771 | €116,000 | +€46,229 | +66.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,850 | €70,846 | +€14,996 | +26.9% |
| Other operating charges | 640/8 | €4,496 | €1,073 | -€3,423 | -76.1% |
| Gross operating margin | 9900 | €290,810 | €367,803 | +€76,993 | +26.5% |
| Operating profit (loss) | 9901 | €160,693 | €179,884 | +€19,191 | +11.9% |
| Financial income | 75/76B | €1,004 | €875 | -€128 | -12.8% |
| Recurring financial income | 75 | €1,004 | €875 | -€128 | -12.8% |
| Financial charges | 65/66B | €6,734 | €7,984 | +€1,250 | +18.6% |
| Recurring financial charges | 65 | €6,734 | €7,984 | +€1,250 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €154,963 | €172,775 | +€17,812 | +11.5% |
| Income taxes | 67/77 | €36,734 | €50,431 | +€13,697 | +37.3% |
| Profit (loss) for the period | 9904 | €118,229 | €122,344 | +€4,115 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €118,229 | €122,344 | +€4,115 | +3.5% |
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 14 October 2026 via checked.be.