SPA & WELLNESS SOLUTIONS: 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.
SPA & WELLNESS SOLUTIONS
Largest movements
- Tangible fixed assets -€43,760
down €43,760 (-8.3%), from €529,343 to €485,583
of which Land and buildings: -€33,413
- Receivables within one year +€26,670
up €26,670 (+69.5%), from €38,358 to €65,028
of which Trade receivables: +€26,670
- Cash -€11,369
down €11,369 (-18.0%), from €63,110 to €51,742
mainly Debts after one year (-€41,299) and Other debts (-€30,300)
- Debts after one year -€41,299
down €41,299 (-9.4%), from €439,371 to €398,072
- Other debts -€30,300
down €30,300 (-3.7%), from €826,437 to €796,137
- Profit (loss) carried forward +€27,443
up €27,443 (+4.1%), from -€674,190 to -€646,748
- Tax, wage and social debts +€13,524
up €13,524 (+116%), from €11,706 to €25,229
- Gross operating margin +€20,695
up €20,695 (+32.3%), from €64,033 to €84,728
- Staff costs -€7,100
no longer reported in 2025 (was €7,100)
- Depreciation -€5,109
down €5,109 (-10.5%), from €48,869 to €43,760
- Other operating charges +€3,216
up €3,216 (+486%), from €661 to €3,877
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 | €630,812 | €602,353 | -€28,459 | -4.5% |
| Fixed assets | 21/28 | €529,343 | €485,583 | -€43,760 | -8.3% |
| Tangible fixed assets | 22/27 | €529,343 | €485,583 | -€43,760 | -8.3% |
| Land and buildings | 22 | €501,655 | €468,243 | -€33,413 | -6.7% |
| Plant, machinery and equipment | 23 | €12,172 | €9,050 | -€3,122 | -25.6% |
| Furniture and vehicles | 24 | €15,516 | €8,290 | -€7,225 | -46.6% |
| Current assets | 29/58 | €101,468 | €116,770 | +€15,301 | +15.1% |
| Amounts receivable within one year | 40/41 | €38,358 | €65,028 | +€26,670 | +69.5% |
| Trade receivables | 40 | €32,206 | €58,876 | +€26,670 | +82.8% |
| Other amounts receivable | 41 | €6,152 | €6,152 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €63,110 | €51,742 | -€11,369 | -18.0% |
| Total equity and liabilities | 10/49 | €630,812 | €602,353 | -€28,459 | -4.5% |
| Equity | 10/15 | -€654,190 | -€626,748 | +€27,443 | +4.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | - | -€20,000 | |
| Share premium | 1100/10 | €20,000 | - | -€20,000 | |
| Profit (loss) carried forward | 14 | -€674,190 | -€646,748 | +€27,443 | +4.1% |
| Amounts payable | 17/49 | €1,285,002 | €1,229,101 | -€55,901 | -4.4% |
| Amounts payable after more than one year | 17 | €439,371 | €398,072 | -€41,299 | -9.4% |
| Financial debts | 170/4 | €439,371 | €398,072 | -€41,299 | -9.4% |
| Amounts payable within one year | 42/48 | €845,631 | €831,028 | -€14,602 | -1.7% |
| Trade debts | 44 | €7,488 | €9,662 | +€2,174 | +29.0% |
| Suppliers | 440/4 | €7,488 | €9,662 | +€2,174 | +29.0% |
| Taxes, remuneration and social security | 45 | €11,706 | €25,229 | +€13,524 | +116% |
| Taxes | 450/3 | €11,706 | €25,229 | +€13,524 | +116% |
| Other amounts payable | 47/48 | €826,437 | €796,137 | -€30,300 | -3.7% |
| Remuneration, social security and pensions | 62 | €7,100 | - | -€7,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,869 | €43,760 | -€5,109 | -10.5% |
| Other operating charges | 640/8 | €661 | €3,877 | +€3,216 | +486% |
| Gross operating margin | 9900 | €64,033 | €84,728 | +€20,695 | +32.3% |
| Operating profit (loss) | 9901 | €7,403 | €37,091 | +€29,688 | +401% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €9,660 | €9,648 | -€12 | -0.1% |
| Recurring financial charges | 65 | €9,660 | €9,648 | -€12 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,257 | €27,443 | +€29,700 | |
| Profit (loss) for the period | 9904 | -€2,257 | €27,443 | +€29,700 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,257 | €27,443 | +€29,700 |
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 19 October 2026 via checked.be.