SPRIFRA: 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.
SPRIFRA
Largest movements
- Current investments +€120,000
up €120,000 (+66.7%), from €180,000 to €300,000
- Profit (loss) carried forward +€589,549
up €589,549 (+328%), from €179,939 to €769,488
- Other debts -€433,135
down €433,135 (-54.6%), from €792,946 to €359,811
- Debts after one year -€178,711
down €178,711 (-14.9%), from €1.2m to €1.0m
- Tax, wage and social debts +€53,784
up €53,784 (+63.6%), from €84,543 to €138,327
of which Taxes: +€53,784
- Accrued charges and deferred income +€33,838
up €33,838 (+242%), from €14,011 to €47,848
- Financial income +€438,580
new in 2025: €438,580
- Financial charges +€23,513
up €23,513 (+43.0%), from €54,619 to €78,132
- Gross operating margin +€7,613
up €7,613 (+2.5%), from €302,897 to €310,510
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 | €2,797,268 | €2,921,242 | +€123,974 | +4.4% |
| Formation expenses | 20 | €1,506 | €1,076 | -€429 | -28.5% |
| Fixed assets | 21/28 | €2,499,315 | €2,499,315 | = | 0.0% |
| Financial fixed assets | 28 | €2,499,315 | €2,499,315 | = | 0.0% |
| Current assets | 29/58 | €296,448 | €420,851 | +€124,403 | +42.0% |
| Amounts receivable within one year | 40/41 | €38,802 | €38,917 | +€115 | +0.3% |
| Trade receivables | 40 | €38,802 | €38,802 | = | 0.0% |
| Other amounts receivable | 41 | - | €115 | +€115 | |
| Current investments | 50/53 | €180,000 | €300,000 | +€120,000 | +66.7% |
| Cash at bank and in hand | 54/58 | €77,646 | €81,935 | +€4,288 | +5.5% |
| Total equity and liabilities | 10/49 | €2,797,268 | €2,921,242 | +€123,974 | +4.4% |
| Equity | 10/15 | €539,440 | €1,154,488 | +€615,048 | +114% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Capital | 10 | €350,000 | €350,000 | = | 0.0% |
| Issued capital | 100 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €9,501 | €35,000 | +€25,499 | +268% |
| Non-distributable reserves | 130/1 | €9,501 | €35,000 | +€25,499 | +268% |
| Legal reserve | 130 | €9,501 | €35,000 | +€25,499 | +268% |
| Profit (loss) carried forward | 14 | €179,939 | €769,488 | +€589,549 | +328% |
| Amounts payable | 17/49 | €2,257,829 | €1,766,754 | -€491,074 | -21.7% |
| Amounts payable after more than one year | 17 | €1,201,897 | €1,023,186 | -€178,711 | -14.9% |
| Financial debts | 170/4 | €1,201,897 | €1,023,186 | -€178,711 | -14.9% |
| Amounts payable within one year | 42/48 | €1,041,920 | €695,720 | -€346,201 | -33.2% |
| Current portion of amounts payable after more than one year | 42 | €164,343 | €196,583 | +€32,240 | +19.6% |
| Trade debts | 44 | €89 | €999 | +€910 | +1,024% |
| Suppliers | 440/4 | €89 | €999 | +€910 | +1,024% |
| Taxes, remuneration and social security | 45 | €84,543 | €138,327 | +€53,784 | +63.6% |
| Taxes | 450/3 | €82,043 | €135,827 | +€53,784 | +65.6% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €792,946 | €359,811 | -€433,135 | -54.6% |
| Accrued charges and deferred income | 492/3 | €14,011 | €47,848 | +€33,838 | +242% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €429 | €429 | = | 0.0% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €302,897 | €310,510 | +€7,613 | +2.5% |
| Operating profit (loss) | 9901 | €302,418 | €310,081 | +€7,663 | +2.5% |
| Financial income | 75/76B | - | €438,580 | +€438,580 | |
| Recurring financial income | 75 | - | €438,580 | +€438,580 | |
| Financial charges | 65/66B | €54,619 | €78,132 | +€23,513 | +43.0% |
| Recurring financial charges | 65 | €54,619 | €78,132 | +€23,513 | +43.0% |
| Profit (loss) for the period before taxes | 9903 | €247,799 | €670,529 | +€422,730 | +171% |
| Income taxes | 67/77 | €57,755 | €55,481 | -€2,274 | -3.9% |
| Profit (loss) for the period | 9904 | €190,044 | €615,048 | +€425,004 | +224% |
| Profit (loss) for the period to be appropriated | 9905 | €190,044 | €615,048 | +€425,004 | +224% |
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 16 October 2026 via checked.be.