B-Spice: 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.
B-Spice
Largest movements
- Receivables within one year -€53,470
down €53,470 (-31.2%), from €171,313 to €117,844
of which Trade receivables: -€55,479
- Stocks and contracts +€18,350
up €18,350 (+20.4%), from €90,000 to €108,350
- Cash +€9,879
up €9,879 (+64.5%), from €15,327 to €25,206
mainly Other debts (+€69,609) and Receivables within one year (+€53,470)
- Tangible fixed assets -€4,164
down €4,164 (-71.7%), from €5,812 to €1,648
of which Other tangible fixed assets: -€2,900
- Deferred charges and accrued income +€3,936
up €3,936 (+21,485%), from €18 to €3,954
- Trade debts -€80,394
down €80,394 (-51.3%), from €156,660 to €76,266
- Other debts +€69,609
new in 2025: €69,609
- Tax, wage and social debts -€14,502
down €14,502 (-44.5%), from €32,593 to €18,091
of which Taxes: -€22,355
- Other operating charges +€41,656
up €41,656 (+6,669%), from €625 to €42,280
- Gross operating margin +€35,476
up €35,476 (+47.0%), from €75,473 to €110,949
- Staff costs +€15,364
up €15,364 (+42.4%), from €36,223 to €51,587
- Write-downs -€15,000
no longer reported in 2025 (was €15,000)
- Taxes -€8,527
down €8,527 (-38.4%), from €22,210 to €13,683
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 | €294,400 | €268,932 | -€25,468 | -8.7% |
| Fixed assets | 21/28 | €17,742 | €13,578 | -€4,164 | -23.5% |
| Tangible fixed assets | 22/27 | €5,812 | €1,648 | -€4,164 | -71.7% |
| Plant, machinery and equipment | 23 | €1,763 | €822 | -€941 | -53.4% |
| Furniture and vehicles | 24 | €323 | €0 | -€323 | -100% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €3,726 | €826 | -€2,900 | -77.8% |
| Financial fixed assets | 28 | €11,930 | €11,930 | = | 0.0% |
| Current assets | 29/58 | €276,659 | €255,354 | -€21,304 | -7.7% |
| Stocks and contracts in progress | 3 | €90,000 | €108,350 | +€18,350 | +20.4% |
| Stocks | 30/36 | €90,000 | €108,350 | +€18,350 | +20.4% |
| Amounts receivable within one year | 40/41 | €171,313 | €117,844 | -€53,470 | -31.2% |
| Trade receivables | 40 | €144,903 | €89,425 | -€55,479 | -38.3% |
| Other amounts receivable | 41 | €26,410 | €28,419 | +€2,009 | +7.6% |
| Cash at bank and in hand | 54/58 | €15,327 | €25,206 | +€9,879 | +64.5% |
| Deferred charges and accrued income | 490/1 | €18 | €3,954 | +€3,936 | +21,485% |
| Total equity and liabilities | 10/49 | €294,400 | €268,932 | -€25,468 | -8.7% |
| Equity | 10/15 | €104,242 | €104,860 | +€618 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,782 | €84,400 | +€618 | +0.7% |
| Amounts payable | 17/49 | €190,158 | €164,072 | -€26,086 | -13.7% |
| Amounts payable within one year | 42/48 | €189,253 | €163,966 | -€25,287 | -13.4% |
| Trade debts | 44 | €156,660 | €76,266 | -€80,394 | -51.3% |
| Suppliers | 440/4 | €156,660 | €76,266 | -€80,394 | -51.3% |
| Taxes, remuneration and social security | 45 | €32,593 | €18,091 | -€14,502 | -44.5% |
| Taxes | 450/3 | €28,878 | €6,524 | -€22,355 | -77.4% |
| Remuneration and social security | 454/9 | €3,715 | €11,568 | +€7,853 | +211% |
| Other amounts payable | 47/48 | - | €69,609 | +€69,609 | |
| Accrued charges and deferred income | 492/3 | €905 | €106 | -€799 | -88.3% |
| Non-recurring operating income | 76A | - | €259 | +€259 | |
| Remuneration, social security and pensions | 62 | €36,223 | €51,587 | +€15,364 | +42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,102 | €4,164 | -€6,938 | -62.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,000 | - | -€15,000 | |
| Other operating charges | 640/8 | €625 | €42,280 | +€41,656 | +6,669% |
| Gross operating margin | 9900 | €75,473 | €110,949 | +€35,476 | +47.0% |
| Operating profit (loss) | 9901 | €12,524 | €12,917 | +€394 | +3.1% |
| Financial income | 75/76B | €2,226 | €3,132 | +€906 | +40.7% |
| Recurring financial income | 75 | €159 | €3,132 | +€2,972 | +1,865% |
| Non-recurring financial income | 76B | €2,066 | - | -€2,066 | |
| Financial charges | 65/66B | €2,399 | €1,749 | -€650 | -27.1% |
| Recurring financial charges | 65 | €2,399 | €1,749 | -€650 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €12,350 | €14,300 | +€1,950 | +15.8% |
| Income taxes | 67/77 | €22,210 | €13,683 | -€8,527 | -38.4% |
| Profit (loss) for the period | 9904 | -€9,860 | €618 | +€10,478 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,860 | €618 | +€10,478 |
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 28 October 2026 via checked.be.