SPACELABZ: 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.
SPACELABZ
Largest movements
- Cash -€26,200
down €26,200 (-94.3%), from €27,792 to €1,592
mainly Other debts (-€11,771) and Receivables within one year (-€9,156)
- Receivables within one year +€9,156
up €9,156 (+26.4%), from €34,667 to €43,823
of which Other amounts receivable: +€43,823
- Other debts -€11,771
down €11,771 (-99.5%), from €11,827 to €56
- Profit (loss) carried forward -€5,144
down €5,144 (-11.3%), from €45,482 to €40,338
- Gross operating margin -€11,972
down €11,972 (-83.1%), from €14,400 to €2,428
- Financial income -€7,345
down €7,345 (-100.0%), from €7,345 to €0
- Financial charges +€5,991
up €5,991 (+586%), from €1,023 to €7,014
- Taxes -€3,493
down €3,493 (-100%), from €3,493 to €0
- Other operating charges +€400
new in 2025: €400
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 | €62,706 | €45,865 | -€16,841 | -26.9% |
| Formation expenses | 20 | €247 | €90 | -€157 | -63.5% |
| Current assets | 29/58 | €62,459 | €45,775 | -€16,684 | -26.7% |
| Amounts receivable within one year | 40/41 | €34,667 | €43,823 | +€9,156 | +26.4% |
| Trade receivables | 40 | €34,667 | €0 | -€34,667 | -100% |
| Other amounts receivable | 41 | - | €43,823 | +€43,823 | |
| Cash at bank and in hand | 54/58 | €27,792 | €1,592 | -€26,200 | -94.3% |
| Deferred charges and accrued income | 490/1 | - | €359 | +€359 | |
| Total equity and liabilities | 10/49 | €62,706 | €45,865 | -€16,841 | -26.9% |
| Equity | 10/15 | €45,482 | €40,338 | -€5,144 | -11.3% |
| Profit (loss) carried forward | 14 | €45,482 | €40,338 | -€5,144 | -11.3% |
| Amounts payable | 17/49 | €17,224 | €5,527 | -€11,697 | -67.9% |
| Amounts payable within one year | 42/48 | €17,224 | €5,527 | -€11,697 | -67.9% |
| Trade debts | 44 | €1,904 | €1,978 | +€74 | +3.9% |
| Suppliers | 440/4 | €1,904 | €1,978 | +€74 | +3.9% |
| Taxes, remuneration and social security | 45 | €3,493 | €3,493 | = | 0.0% |
| Taxes | 450/3 | €3,493 | €3,493 | = | 0.0% |
| Other amounts payable | 47/48 | €11,827 | €56 | -€11,771 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €157 | +€157 | |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €14,400 | €2,428 | -€11,972 | -83.1% |
| Operating profit (loss) | 9901 | €14,400 | €1,871 | -€12,529 | -87.0% |
| Financial income | 75/76B | €7,345 | €0 | -€7,345 | -100.0% |
| Recurring financial income | 75 | €7,345 | €0 | -€7,345 | -100.0% |
| Financial charges | 65/66B | €1,023 | €7,014 | +€5,991 | +586% |
| Recurring financial charges | 65 | €1,023 | €7,014 | +€5,991 | +586% |
| Profit (loss) for the period before taxes | 9903 | €20,722 | -€5,143 | -€25,865 | |
| Income taxes | 67/77 | €3,493 | €0 | -€3,493 | -100% |
| Profit (loss) for the period | 9904 | €17,229 | -€5,143 | -€22,372 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,229 | -€5,143 | -€22,372 |
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 21 October 2026 via checked.be.