SP4Data: 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.
SP4Data
Largest movements
- Cash -€59,256
down €59,256 (-25.4%), from €233,734 to €174,478
mainly Contributions, distributions and other (-€174,346) and Tax, wage and social debts (-€25,221)
- Tangible fixed assets -€25,992
down €25,992 (-100.0%), from €25,992 to €0
- Receivables within one year -€8,864
down €8,864 (-66.2%), from €13,395 to €4,531
of which Trade receivables: -€11,887
- Profit (loss) carried forward -€191,192
down €191,192 (-98.7%), from €193,668 to €2,477
- Other debts +€148,936
up €148,936 (+765.2%), from €19,463 to €168,399
- Tax, wage and social debts -€25,221
down €25,221 (-88.8%), from €28,406 to €3,185
of which Taxes: -€23,661
- Debts after one year -€15,152
down €15,152 (-100.0%), from €15,152 to €0
- Current portion of long-term debt -€12,428
down €12,428 (-100.0%), from €12,428 to €0
- Gross operating margin -€108,567
down €108,567, from €99,530 to -€9,037
- Taxes -€34,365
down €34,365 (-98.4%), from €34,916 to €550
- Depreciation -€12,268
down €12,268 (-100.0%), from €12,268 to €0
- Other operating charges +€6,727
up €6,727 (+1388.6%), from €484 to €7,212
- Financial charges -€1,005
down €1,005 (-95.6%), from €1,051 to €46
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 | €273,989 | €179,009 | -€94,980 | -34.7% |
| Fixed assets | 21/28 | €25,992 | €0 | -€25,992 | -100.0% |
| Tangible fixed assets | 22/27 | €25,992 | €0 | -€25,992 | -100.0% |
| Furniture and vehicles | 24 | €25,992 | €0 | -€25,992 | -100.0% |
| Current assets | 29/58 | €247,998 | €179,009 | -€68,989 | -27.8% |
| Amounts receivable within one year | 40/41 | €13,395 | €4,531 | -€8,864 | -66.2% |
| Trade receivables | 40 | €13,395 | €1,508 | -€11,887 | -88.7% |
| Other amounts receivable | 41 | - | €3,023 | +€3,023 | |
| Cash at bank and in hand | 54/58 | €233,734 | €174,478 | -€59,256 | -25.4% |
| Deferred charges and accrued income | 490/1 | €869 | €0 | -€869 | -100.0% |
| Total equity and liabilities | 10/49 | €273,989 | €179,009 | -€94,980 | -34.7% |
| Equity | 10/15 | €196,168 | €4,977 | -€191,192 | -97.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €193,668 | €2,477 | -€191,192 | -98.7% |
| Amounts payable | 17/49 | €77,821 | €174,032 | +€96,211 | +123.6% |
| Amounts payable after more than one year | 17 | €15,152 | €0 | -€15,152 | -100.0% |
| Financial debts | 170/4 | €15,152 | €0 | -€15,152 | -100.0% |
| Amounts payable within one year | 42/48 | €62,669 | €174,032 | +€111,363 | +177.7% |
| Current portion of amounts payable after more than one year | 42 | €12,428 | €0 | -€12,428 | -100.0% |
| Trade debts | 44 | €2,372 | €2,448 | +€77 | +3.2% |
| Suppliers | 440/4 | €2,372 | €2,448 | +€77 | +3.2% |
| Taxes, remuneration and social security | 45 | €28,406 | €3,185 | -€25,221 | -88.8% |
| Taxes | 450/3 | €26,846 | €3,185 | -€23,661 | -88.1% |
| Remuneration and social security | 454/9 | €1,560 | €0 | -€1,560 | -100.0% |
| Other amounts payable | 47/48 | €19,463 | €168,399 | +€148,936 | +765.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,268 | €0 | -€12,268 | -100.0% |
| Other operating charges | 640/8 | €484 | €7,212 | +€6,727 | +1388.6% |
| Gross operating margin | 9900 | €99,530 | -€9,037 | -€108,567 | |
| Operating profit (loss) | 9901 | €86,777 | -€16,249 | -€103,026 | |
| Financial charges | 65/66B | €1,051 | €46 | -€1,005 | -95.6% |
| Recurring financial charges | 65 | €1,051 | €46 | -€1,005 | -95.6% |
| Profit (loss) for the period before taxes | 9903 | €85,726 | -€16,295 | -€102,021 | |
| Income taxes | 67/77 | €34,916 | €550 | -€34,365 | -98.4% |
| Profit (loss) for the period | 9904 | €50,811 | -€16,845 | -€67,656 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,811 | -€16,845 | -€67,656 |
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 10 October 2026 via checked.be.