SpaCenter: 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.
SpaCenter
Largest movements
- Cash +€65,389
up €65,389 (+151%), from €43,350 to €108,739
mainly Other debts (+€53,940) and Receivables within one year (+€31,326)
- Receivables within one year -€31,326
down €31,326 (-54.9%), from €57,098 to €25,772
of which Trade receivables: -€31,326
- Stocks and contracts -€4,946
down €4,946 (-12.6%), from €39,261 to €34,315
- Other debts +€53,940
up €53,940 (+45.3%), from €119,002 to €172,942
- Profit (loss) carried forward -€16,824
down €16,824 (-21.8%), from -€77,297 to -€94,121
- Trade debts -€5,161
down €5,161 (-53.7%), from €9,607 to €4,446
- Tax, wage and social debts -€2,788
down €2,788 (-54.0%), from €5,167 to €2,379
of which Taxes: -€3,638
- Gross operating margin +€29,081
up €29,081, from -€23,379 to €5,702
- Staff costs +€4,202
up €4,202 (+25.1%), from €16,727 to €20,929
- Financial charges -€3,686
down €3,686 (-79.0%), from €4,666 to €980
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 | €139,710 | €168,877 | +€29,167 | +20.9% |
| Current assets | 29/58 | €139,710 | €168,877 | +€29,167 | +20.9% |
| Stocks and contracts in progress | 3 | €39,261 | €34,315 | -€4,946 | -12.6% |
| Stocks | 30/36 | €39,261 | €34,315 | -€4,946 | -12.6% |
| Amounts receivable within one year | 40/41 | €57,098 | €25,772 | -€31,326 | -54.9% |
| Trade receivables | 40 | €57,098 | €25,772 | -€31,326 | -54.9% |
| Other amounts receivable | 41 | €0 | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €43,350 | €108,739 | +€65,389 | +151% |
| Deferred charges and accrued income | 490/1 | €0 | €50 | +€50 | |
| Total equity and liabilities | 10/49 | €139,710 | €168,877 | +€29,167 | +20.9% |
| Equity | 10/15 | €5,933 | -€10,891 | -€16,824 | |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €70,630 | €70,630 | = | 0.0% |
| Distributable reserves | 133 | €70,630 | €70,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,297 | -€94,121 | -€16,824 | -21.8% |
| Amounts payable | 17/49 | €133,777 | €179,768 | +€45,991 | +34.4% |
| Amounts payable within one year | 42/48 | €133,777 | €179,768 | +€45,991 | +34.4% |
| Trade debts | 44 | €9,607 | €4,446 | -€5,161 | -53.7% |
| Suppliers | 440/4 | €9,607 | €4,446 | -€5,161 | -53.7% |
| Taxes, remuneration and social security | 45 | €5,167 | €2,379 | -€2,788 | -54.0% |
| Taxes | 450/3 | €5,167 | €1,529 | -€3,638 | -70.4% |
| Remuneration and social security | 454/9 | - | €850 | +€850 | |
| Other amounts payable | 47/48 | €119,002 | €172,942 | +€53,940 | +45.3% |
| Remuneration, social security and pensions | 62 | €16,727 | €20,929 | +€4,202 | +25.1% |
| Other operating charges | 640/8 | €605 | €620 | +€14 | +2.4% |
| Gross operating margin | 9900 | -€23,379 | €5,702 | +€29,081 | |
| Operating profit (loss) | 9901 | -€40,711 | -€15,846 | +€24,865 | +61.1% |
| Financial income | 75/76B | €0 | €3 | +€3 | |
| Recurring financial income | 75 | €0 | €3 | +€3 | |
| Financial charges | 65/66B | €4,666 | €980 | -€3,686 | -79.0% |
| Recurring financial charges | 65 | €4,666 | €980 | -€3,686 | -79.0% |
| Profit (loss) for the period before taxes | 9903 | -€45,377 | -€16,824 | +€28,553 | +62.9% |
| Profit (loss) for the period | 9904 | -€45,377 | -€16,824 | +€28,553 | +62.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,377 | -€16,824 | +€28,553 | +62.9% |
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 25 October 2026 via checked.be.