BSPOKE IT: 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.
BSPOKE IT
Largest movements
- Tangible fixed assets +€35,760
up €35,760 (+656.6%), from €5,446 to €41,206
- Cash -€17,300
down €17,300 (-16.5%), from €105,014 to €87,714
mainly Investment in fixed assets (net) (-€39,140) and Other debts (-€7,128)
- Receivables within one year -€12,096
down €12,096 (-52.1%), from €23,232 to €11,136
of which Trade receivables: -€12,197
- Deferred charges and accrued income +€3,300
up €3,300 (+141.5%), from €2,333 to €5,633
- Reserves +€20,011
up €20,011 (+24.7%), from €80,854 to €100,866
- Other debts -€7,128
down €7,128 (-75.7%), from €9,412 to €2,284
- Tax, wage and social debts -€3,021
down €3,021 (-38.2%), from €7,916 to €4,895
- Gross operating margin -€2,616
down €2,616 (-7.2%), from €36,215 to €33,599
- Depreciation +€930
up €930 (+38.0%), from €2,450 to €3,380
- Taxes -€862
down €862 (-9.4%), from €9,122 to €8,261
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.
Cash bridge derived
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 | €136,025 | €145,690 | +€9,665 | +7.1% |
| Fixed assets | 21/28 | €5,446 | €41,206 | +€35,760 | +656.6% |
| Tangible fixed assets | 22/27 | €5,446 | €41,206 | +€35,760 | +656.6% |
| Furniture and vehicles | 24 | €5,446 | €41,206 | +€35,760 | +656.6% |
| Current assets | 29/58 | €130,579 | €104,483 | -€26,096 | -20.0% |
| Amounts receivable within one year | 40/41 | €23,232 | €11,136 | -€12,096 | -52.1% |
| Trade receivables | 40 | €23,232 | €11,035 | -€12,197 | -52.5% |
| Other amounts receivable | 41 | - | €101 | +€101 | |
| Cash at bank and in hand | 54/58 | €105,014 | €87,714 | -€17,300 | -16.5% |
| Deferred charges and accrued income | 490/1 | €2,333 | €5,633 | +€3,300 | +141.5% |
| Total equity and liabilities | 10/49 | €136,025 | €145,690 | +€9,665 | +7.1% |
| Equity | 10/15 | €117,374 | €136,552 | +€19,178 | +16.3% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €80,854 | €100,866 | +€20,011 | +24.7% |
| Distributable reserves | 133 | €80,854 | €100,866 | +€20,011 | +24.7% |
| Profit (loss) carried forward | 14 | €28,520 | €27,687 | -€833 | -2.9% |
| Amounts payable | 17/49 | €18,651 | €9,137 | -€9,514 | -51.0% |
| Amounts payable within one year | 42/48 | €18,651 | €9,137 | -€9,514 | -51.0% |
| Trade debts | 44 | €1,323 | €1,958 | +€635 | +48.0% |
| Suppliers | 440/4 | €1,323 | €1,958 | +€635 | +48.0% |
| Taxes, remuneration and social security | 45 | €7,916 | €4,895 | -€3,021 | -38.2% |
| Taxes | 450/3 | €7,916 | €4,895 | -€3,021 | -38.2% |
| Other amounts payable | 47/48 | €9,412 | €2,284 | -€7,128 | -75.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,450 | €3,380 | +€930 | +38.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €36,215 | €33,599 | -€2,616 | -7.2% |
| Operating profit (loss) | 9901 | €33,378 | €29,820 | -€3,559 | -10.7% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,300 | €1,550 | +€249 | +19.2% |
| Recurring financial charges | 65 | €1,300 | €1,550 | +€249 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €32,078 | €28,272 | -€3,806 | -11.9% |
| Income taxes | 67/77 | €9,122 | €8,261 | -€862 | -9.4% |
| Profit (loss) for the period | 9904 | €22,956 | €20,011 | -€2,945 | -12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,956 | €20,011 | -€2,945 | -12.8% |
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 9 October 2026 via checked.be.