YO SPILTIJNS: 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.
YO SPILTIJNS
Largest movements
- Tangible fixed assets -€49,292
down €49,292 (-5.5%), from €889,807 to €840,515
of which Land and buildings: -€45,826
- Cash -€47,690
down €47,690 (-92.8%), from €51,416 to €3,725
mainly Net result for the year (-€64,298) and Debts after one year (-€31,518)
- Reserves -€59,293
down €59,293 (-9.7%), from €608,485 to €549,192
of which Distributable reserves: -€56,764
- Debts after one year -€31,518
down €31,518 (-13.8%), from €228,197 to €196,679
- Gross operating margin -€154,085
down €154,085 (-86.0%), from €179,251 to €25,166
- Depreciation -€6,354
down €6,354 (-9.3%), from €68,588 to €62,234
- Financial charges -€5,338
down €5,338 (-34.8%), from €15,324 to €9,987
- Other operating charges +€2,693
up €2,693 (+17.6%), from €15,283 to €17,975
- Financial income -€1,991
down €1,991 (-89.9%), from €2,213 to €222
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 | €943,841 | €846,724 | -€97,117 | -10.3% |
| Fixed assets | 21/28 | €889,807 | €840,515 | -€49,292 | -5.5% |
| Tangible fixed assets | 22/27 | €889,807 | €840,515 | -€49,292 | -5.5% |
| Land and buildings | 22 | €863,869 | €818,044 | -€45,826 | -5.3% |
| Plant, machinery and equipment | 23 | €3,520 | €2,914 | -€606 | -17.2% |
| Furniture and vehicles | 24 | €7,487 | €4,626 | -€2,861 | -38.2% |
| Other tangible fixed assets | 26 | €14,931 | €14,931 | = | 0.0% |
| Current assets | 29/58 | €54,034 | €6,209 | -€47,825 | -88.5% |
| Amounts receivable within one year | 40/41 | €287 | €298 | +€11 | +4.0% |
| Other amounts receivable | 41 | €287 | €298 | +€11 | +4.0% |
| Cash at bank and in hand | 54/58 | €51,416 | €3,725 | -€47,690 | -92.8% |
| Deferred charges and accrued income | 490/1 | €2,331 | €2,186 | -€146 | -6.3% |
| Total equity and liabilities | 10/49 | €943,841 | €846,724 | -€97,117 | -10.3% |
| Equity | 10/15 | €636,802 | €572,504 | -€64,298 | -10.1% |
| Contributions | 10/11 | €28,317 | €28,317 | = | 0.0% |
| Reserves | 13 | €608,485 | €549,192 | -€59,293 | -9.7% |
| Tax-exempt reserves | 132 | €64,447 | €61,918 | -€2,529 | -3.9% |
| Distributable reserves | 133 | €544,037 | €487,274 | -€56,764 | -10.4% |
| Profit (loss) carried forward | 14 | €0 | -€5,005 | -€5,005 | |
| Provisions and deferred taxes | 16 | €21,482 | €20,639 | -€843 | -3.9% |
| Deferred taxes | 168 | €21,482 | €20,639 | -€843 | -3.9% |
| Amounts payable | 17/49 | €285,557 | €253,581 | -€31,976 | -11.2% |
| Amounts payable after more than one year | 17 | €228,197 | €196,679 | -€31,518 | -13.8% |
| Financial debts | 170/4 | €228,197 | €196,679 | -€31,518 | -13.8% |
| Amounts payable within one year | 42/48 | €57,025 | €56,204 | -€821 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €30,305 | €31,518 | +€1,212 | +4.0% |
| Trade debts | 44 | €3,917 | €11,354 | +€7,437 | +190% |
| Suppliers | 440/4 | €3,917 | €11,354 | +€7,437 | +190% |
| Taxes, remuneration and social security | 45 | €6,433 | €767 | -€5,667 | -88.1% |
| Taxes | 450/3 | €6,433 | €767 | -€5,667 | -88.1% |
| Other amounts payable | 47/48 | €16,370 | €12,566 | -€3,804 | -23.2% |
| Accrued charges and deferred income | 492/3 | €335 | €698 | +€363 | +108% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,588 | €62,234 | -€6,354 | -9.3% |
| Other operating charges | 640/8 | €15,283 | €17,975 | +€2,693 | +17.6% |
| Gross operating margin | 9900 | €179,251 | €25,166 | -€154,085 | -86.0% |
| Operating profit (loss) | 9901 | €95,381 | -€55,043 | -€150,424 | |
| Financial income | 75/76B | €2,213 | €222 | -€1,991 | -89.9% |
| Recurring financial income | 75 | €2,213 | €222 | -€1,991 | -89.9% |
| Financial charges | 65/66B | €15,324 | €9,987 | -€5,338 | -34.8% |
| Recurring financial charges | 65 | €15,324 | €9,987 | -€5,338 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €82,269 | -€64,808 | -€147,077 | |
| Transfer from deferred taxes | 780 | €843 | €843 | = | 0.0% |
| Income taxes | 67/77 | €433 | €333 | -€100 | -23.1% |
| Profit (loss) for the period | 9904 | €82,679 | -€64,298 | -€146,977 | |
| Transfer from tax-exempt reserves | 789 | €2,529 | €2,529 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €85,208 | -€61,769 | -€146,977 |
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 20 October 2026 via checked.be.