Spacesuit: 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.
Spacesuit
Largest movements
- Cash +€77,801
up €77,801 (+86.0%), from €90,441 to €168,242
mainly Net result for the year (+€76,584) and Current portion of long-term debt (+€27,142)
- Tangible fixed assets -€13,373
down €13,373 (-41.9%), from €31,893 to €18,521
of which Furniture and vehicles: -€10,888
- Receivables within one year +€10,941
up €10,941 (+53.1%), from €20,622 to €31,563
of which Trade receivables: +€6,050
- Reserves +€47,907
up €47,907 (+52.4%), from €91,404 to €139,310
of which Distributable reserves: +€47,907
- Current portion of long-term debt +€27,142
up €27,142 (+142%), from €19,103 to €46,245
- Debts after one year -€9,245
down €9,245 (-79.8%), from €11,579 to €2,334
- Trade debts +€4,891
up €4,891 (+89.0%), from €5,495 to €10,386
- Tax, wage and social debts +€3,818
up €3,818 (+312%), from €1,225 to €5,043
- Gross operating margin +€88,209
up €88,209 (+267%), from €33,031 to €121,239
- Taxes +€24,595
up €24,595 (+470%), from €5,234 to €29,828
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 | €144,828 | €220,656 | +€75,828 | +52.4% |
| Fixed assets | 21/28 | €31,893 | €18,521 | -€13,373 | -41.9% |
| Tangible fixed assets | 22/27 | €31,893 | €18,521 | -€13,373 | -41.9% |
| Land and buildings | 22 | €1,572 | €1,179 | -€393 | -25.0% |
| Plant, machinery and equipment | 23 | €3,078 | €986 | -€2,092 | -68.0% |
| Furniture and vehicles | 24 | €27,244 | €16,356 | -€10,888 | -40.0% |
| Current assets | 29/58 | €112,934 | €202,135 | +€89,201 | +79.0% |
| Amounts receivable within one year | 40/41 | €20,622 | €31,563 | +€10,941 | +53.1% |
| Trade receivables | 40 | €12,100 | €18,150 | +€6,050 | +50.0% |
| Other amounts receivable | 41 | €8,522 | €13,413 | +€4,891 | +57.4% |
| Cash at bank and in hand | 54/58 | €90,441 | €168,242 | +€77,801 | +86.0% |
| Deferred charges and accrued income | 490/1 | €1,871 | €2,330 | +€458 | +24.5% |
| Total equity and liabilities | 10/49 | €144,828 | €220,656 | +€75,828 | +52.4% |
| Equity | 10/15 | €103,804 | €151,710 | +€47,907 | +46.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €91,404 | €139,310 | +€47,907 | +52.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €89,544 | €137,450 | +€47,907 | +53.5% |
| Amounts payable | 17/49 | €41,024 | €68,946 | +€27,921 | +68.1% |
| Amounts payable after more than one year | 17 | €11,579 | €2,334 | -€9,245 | -79.8% |
| Financial debts | 170/4 | €11,579 | €2,334 | -€9,245 | -79.8% |
| Amounts payable within one year | 42/48 | €29,445 | €66,612 | +€37,167 | +126% |
| Current portion of amounts payable after more than one year | 42 | €19,103 | €46,245 | +€27,142 | +142% |
| Trade debts | 44 | €5,495 | €10,386 | +€4,891 | +89.0% |
| Suppliers | 440/4 | €5,495 | €10,386 | +€4,891 | +89.0% |
| Taxes, remuneration and social security | 45 | €1,225 | €5,043 | +€3,818 | +312% |
| Taxes | 450/3 | €1,225 | €5,043 | +€3,818 | +312% |
| Other amounts payable | 47/48 | €3,622 | €4,938 | +€1,316 | +36.3% |
| Non-recurring operating income | 76A | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,439 | €13,373 | -€1,066 | -7.4% |
| Other operating charges | 640/8 | €496 | €1,304 | +€808 | +163% |
| Gross operating margin | 9900 | €33,031 | €121,239 | +€88,209 | +267% |
| Operating profit (loss) | 9901 | €18,095 | €106,562 | +€88,467 | +489% |
| Financial income | 75/76B | €314 | €520 | +€206 | +65.6% |
| Recurring financial income | 75 | €314 | €520 | +€206 | +65.6% |
| Financial charges | 65/66B | €923 | €670 | -€253 | -27.5% |
| Recurring financial charges | 65 | €923 | €670 | -€253 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €17,486 | €106,412 | +€88,926 | +509% |
| Income taxes | 67/77 | €5,234 | €29,828 | +€24,595 | +470% |
| Profit (loss) for the period | 9904 | €12,253 | €76,584 | +€64,331 | +525% |
| Profit (loss) for the period to be appropriated | 9905 | €12,253 | €76,584 | +€64,331 | +525% |
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.