SPA@HOME: what changed
Two fiscal 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.
SPA@HOME
Largest movements
- Cash +€22,218
up €22,218 (+752.4%), from €2,953 to €25,171
mainly Net result for the year (+€22,965) and Tax, wage and social debts (+€5,007)
- Receivables within one year +€10,089
up €10,089 (+1864.2%), from €541 to €10,630
of which Trade receivables: +€10,580
- Tangible fixed assets -€2,788
down €2,788 (-68.3%), from €4,084 to €1,297
of which Plant, machinery and equipment: -€1,634
- Intangible fixed assets -€640
down €640 (-45.1%), from €1,418 to €778
- Profit (loss) carried forward +€20,491
up €20,491, from -€20,491 to €0
- Tax, wage and social debts +€5,007
up €5,007, from €0 to €5,007
of which Remuneration and social security: +€2,626
- Trade debts +€4,239
up €4,239 (+915.9%), from €463 to €4,702
- Other debts -€2,955
down €2,955 (-81.0%), from €3,649 to €694
- Reserves +€2,474
new in 2025: €2,474
- Gross operating margin +€18,461
up €18,461 (+214.2%), from €8,618 to €27,079
- Other operating charges -€7,977
down €7,977 (-94.3%), from €8,459 to €482
- Depreciation -€5,429
down €5,429 (-73.7%), from €7,363 to €1,934
- Taxes +€1,518
up €1,518, from €0 to €1,518
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 | €8,996 | €37,876 | +€28,880 | +321.0% |
| Fixed assets | 21/28 | €5,502 | €2,074 | -€3,428 | -62.3% |
| Intangible fixed assets | 21 | €1,418 | €778 | -€640 | -45.1% |
| Tangible fixed assets | 22/27 | €4,084 | €1,297 | -€2,788 | -68.3% |
| Plant, machinery and equipment | 23 | €1,755 | €121 | -€1,634 | -93.1% |
| Furniture and vehicles | 24 | €2,329 | €1,176 | -€1,153 | -49.5% |
| Current assets | 29/58 | €3,494 | €35,802 | +€32,308 | +924.6% |
| Amounts receivable within one year | 40/41 | €541 | €10,630 | +€10,089 | +1864.2% |
| Trade receivables | 40 | €50 | €10,630 | +€10,580 | +21165.2% |
| Other amounts receivable | 41 | €491 | €0 | -€491 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,953 | €25,171 | +€22,218 | +752.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €8,996 | €37,876 | +€28,880 | +321.0% |
| Equity | 10/15 | €4,509 | €27,474 | +€22,965 | +509.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | - | €2,474 | +€2,474 | |
| Distributable reserves | 133 | - | €2,474 | +€2,474 | |
| Profit (loss) carried forward | 14 | -€20,491 | €0 | +€20,491 | |
| Amounts payable | 17/49 | €4,487 | €10,402 | +€5,915 | +131.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €4,487 | €10,402 | +€5,915 | +131.8% |
| Current portion of amounts payable after more than one year | 42 | €375 | €0 | -€375 | -100.0% |
| Trade debts | 44 | €463 | €4,702 | +€4,239 | +915.9% |
| Suppliers | 440/4 | €463 | €4,702 | +€4,239 | +915.9% |
| Taxes, remuneration and social security | 45 | €0 | €5,007 | +€5,007 | |
| Taxes | 450/3 | €0 | €2,380 | +€2,380 | |
| Remuneration and social security | 454/9 | - | €2,626 | +€2,626 | |
| Other amounts payable | 47/48 | €3,649 | €694 | -€2,955 | -81.0% |
| Non-recurring operating income | 76A | - | €6,046 | +€6,046 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,363 | €1,934 | -€5,429 | -73.7% |
| Other operating charges | 640/8 | €8,459 | €482 | -€7,977 | -94.3% |
| Non-recurring operating charges | 66A | €235 | €27 | -€208 | -88.5% |
| Gross operating margin | 9900 | €8,618 | €27,079 | +€18,461 | +214.2% |
| Operating profit (loss) | 9901 | -€7,439 | €24,636 | +€32,075 | |
| Financial charges | 65/66B | €146 | €152 | +€6 | +4.4% |
| Recurring financial charges | 65 | €146 | €152 | +€6 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,585 | €24,483 | +€32,069 | |
| Income taxes | 67/77 | €0 | €1,518 | +€1,518 | |
| Profit (loss) for the period | 9904 | -€7,585 | €22,965 | +€30,551 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,585 | €22,965 | +€30,551 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.