Space Whale: 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.
Space Whale
Largest movements
- Receivables within one year +€14,685
up €14,685 (+154.9%), from €9,477 to €24,162
of which Trade receivables: +€8,839
- Cash +€13,613
up €13,613 (+12729.4%), from €107 to €13,720
mainly Other debts (+€21,488) and Net result for the year (+€16,018)
- Intangible fixed assets -€4,285
down €4,285 (-20.4%), from €20,980 to €16,695
- Other debts +€21,488
up €21,488 (+109.5%), from €19,627 to €41,114
- Tax, wage and social debts +€6,795
up €6,795 (+211.0%), from €3,221 to €10,016
- Trade debts -€4,498
down €4,498 (-82.8%), from €5,430 to €932
- Gross operating margin +€19,219
up €19,219 (+258.7%), from €7,429 to €26,648
- Depreciation -€5,679
down €5,679 (-42.3%), from €13,432 to €7,753
- Taxes +€2,096
up €2,096, from €0 to €2,096
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 | €36,428 | €60,209 | +€23,781 | +65.3% |
| Fixed assets | 21/28 | €25,742 | €21,646 | -€4,096 | -15.9% |
| Intangible fixed assets | 21 | €20,980 | €16,695 | -€4,285 | -20.4% |
| Tangible fixed assets | 22/27 | €4,762 | €4,951 | +€189 | +4.0% |
| Plant, machinery and equipment | 23 | €4,762 | €1,627 | -€3,135 | -65.8% |
| Furniture and vehicles | 24 | €0 | €3,324 | +€3,324 | |
| Current assets | 29/58 | €10,686 | €38,563 | +€27,877 | +260.9% |
| Amounts receivable within one year | 40/41 | €9,477 | €24,162 | +€14,685 | +154.9% |
| Trade receivables | 40 | €8,824 | €17,663 | +€8,839 | +100.2% |
| Other amounts receivable | 41 | €653 | €6,499 | +€5,845 | +894.6% |
| Cash at bank and in hand | 54/58 | €107 | €13,720 | +€13,613 | +12729.4% |
| Deferred charges and accrued income | 490/1 | €1,102 | €681 | -€421 | -38.2% |
| Total equity and liabilities | 10/49 | €36,428 | €60,209 | +€23,781 | +65.3% |
| Equity | 10/15 | €8,146 | €8,146 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,146 | €5,146 | = | 0.0% |
| Distributable reserves | 133 | €5,146 | €5,146 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,282 | €52,063 | +€23,781 | +84.1% |
| Amounts payable within one year | 42/48 | €28,277 | €52,063 | +€23,785 | +84.1% |
| Trade debts | 44 | €5,430 | €932 | -€4,498 | -82.8% |
| Suppliers | 440/4 | €5,430 | €932 | -€4,498 | -82.8% |
| Taxes, remuneration and social security | 45 | €3,221 | €10,016 | +€6,795 | +211.0% |
| Taxes | 450/3 | €3,221 | €10,016 | +€6,795 | +211.0% |
| Other amounts payable | 47/48 | €19,627 | €41,114 | +€21,488 | +109.5% |
| Accrued charges and deferred income | 492/3 | €5 | €0 | -€5 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,432 | €7,753 | -€5,679 | -42.3% |
| Other operating charges | 640/8 | €775 | €610 | -€165 | -21.3% |
| Gross operating margin | 9900 | €7,429 | €26,648 | +€19,219 | +258.7% |
| Operating profit (loss) | 9901 | -€6,778 | €18,285 | +€25,063 | |
| Financial income | 75/76B | €1 | €40 | +€39 | +6462.3% |
| Recurring financial income | 75 | €1 | €40 | +€39 | +6462.3% |
| Financial charges | 65/66B | €177 | €211 | +€35 | +19.6% |
| Recurring financial charges | 65 | €177 | €211 | +€35 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,954 | €18,114 | +€25,068 | |
| Income taxes | 67/77 | €0 | €2,096 | +€2,096 | |
| Profit (loss) for the period | 9904 | -€6,954 | €16,018 | +€22,972 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,954 | €16,018 | +€22,972 |
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.