SP CONSULT: 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.
SP CONSULT
Largest movements
- Cash +€57,864
up €57,864 (+32.4%), from €178,474 to €236,337
mainly Other debts (+€197,395) and Net result for the year (+€39,869)
- Tangible fixed assets -€10,294
down €10,294 (-21.4%), from €48,096 to €37,802
of which Leasing and similar rights: -€9,951
- Receivables within one year -€4,220
down €4,220 (-100.0%), from €4,220 to €0
- Other debts +€197,395
up €197,395 (+794.1%), from €24,859 to €222,253
- Profit (loss) carried forward -€150,063
down €150,063 (-98.4%), from €152,432 to €2,369
- Debts after one year -€7,576
down €7,576 (-24.5%), from €30,960 to €23,384
- Depreciation +€6,920
up €6,920 (+205.1%), from €3,374 to €10,294
- Gross operating margin +€6,256
up €6,256 (+10.0%), from €62,421 to €68,677
- Other operating charges +€1,264
up €1,264 (+71.7%), from €1,763 to €3,027
- Financial charges +€1,072
up €1,072 (+49.4%), from €2,171 to €3,243
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 | €231,868 | €275,311 | +€43,443 | +18.7% |
| Fixed assets | 21/28 | €48,096 | €37,802 | -€10,294 | -21.4% |
| Tangible fixed assets | 22/27 | €48,096 | €37,802 | -€10,294 | -21.4% |
| Plant, machinery and equipment | 23 | €1,658 | €1,315 | -€343 | -20.7% |
| Leasing and similar rights | 25 | €46,438 | €36,487 | -€9,951 | -21.4% |
| Current assets | 29/58 | €183,772 | €237,509 | +€53,737 | +29.2% |
| Amounts receivable within one year | 40/41 | €4,220 | €0 | -€4,220 | -100.0% |
| Trade receivables | 40 | €4,220 | €0 | -€4,220 | -100.0% |
| Cash at bank and in hand | 54/58 | €178,474 | €236,337 | +€57,864 | +32.4% |
| Deferred charges and accrued income | 490/1 | €1,079 | €1,172 | +€93 | +8.6% |
| Total equity and liabilities | 10/49 | €231,868 | €275,311 | +€43,443 | +18.7% |
| Equity | 10/15 | €153,432 | €3,369 | -€150,063 | -97.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,432 | €2,369 | -€150,063 | -98.4% |
| Amounts payable | 17/49 | €78,437 | €271,943 | +€193,506 | +246.7% |
| Amounts payable after more than one year | 17 | €30,960 | €23,384 | -€7,576 | -24.5% |
| Financial debts | 170/4 | €30,960 | €23,384 | -€7,576 | -24.5% |
| Amounts payable within one year | 42/48 | €45,797 | €246,578 | +€200,780 | +438.4% |
| Current portion of amounts payable after more than one year | 42 | €7,343 | €7,576 | +€232 | +3.2% |
| Trade debts | 44 | €2,383 | €3,129 | +€746 | +31.3% |
| Suppliers | 440/4 | €2,383 | €3,129 | +€746 | +31.3% |
| Taxes, remuneration and social security | 45 | €11,213 | €13,620 | +€2,407 | +21.5% |
| Taxes | 450/3 | €11,213 | €13,620 | +€2,407 | +21.5% |
| Other amounts payable | 47/48 | €24,859 | €222,253 | +€197,395 | +794.1% |
| Accrued charges and deferred income | 492/3 | €1,679 | €1,981 | +€302 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,374 | €10,294 | +€6,920 | +205.1% |
| Other operating charges | 640/8 | €1,763 | €3,027 | +€1,264 | +71.7% |
| Gross operating margin | 9900 | €62,421 | €68,677 | +€6,256 | +10.0% |
| Operating profit (loss) | 9901 | €57,284 | €55,356 | -€1,928 | -3.4% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €2,171 | €3,243 | +€1,072 | +49.4% |
| Recurring financial charges | 65 | €2,171 | €3,243 | +€1,072 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | €55,113 | €52,113 | -€3,000 | -5.4% |
| Income taxes | 67/77 | €12,379 | €12,244 | -€135 | -1.1% |
| Profit (loss) for the period | 9904 | €42,734 | €39,869 | -€2,865 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,734 | €39,869 | -€2,865 | -6.7% |
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.