Spamingo: what changed
Two fiscal 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.
Spamingo
Largest movements
- Cash +€47,231
up €47,231 (+672.5%), from €7,023 to €54,254
mainly Net result for the year (+€40,268) and Tax, wage and social debts (+€11,696)
- Receivables within one year +€27,574
up €27,574 (+28.8%), from €95,669 to €123,244
of which Other amounts receivable: +€27,327
- Tangible fixed assets -€10,888
down €10,888 (-91.0%), from €11,960 to €1,072
of which Furniture and vehicles: -€10,368
- Stocks and contracts -€8,587
no longer reported in 2025 (was €8,587)
- Reserves +€40,268
up €40,268 (+35.7%), from €112,829 to €153,097
- Tax, wage and social debts +€11,696
up €11,696 (+380.7%), from €3,072 to €14,768
- Trade debts +€3,808
up €3,808 (+791.0%), from €481 to €4,289
- Gross operating margin +€13,621
up €13,621 (+24.8%), from €55,033 to €68,654
- Depreciation -€13,392
down €13,392 (-55.2%), from €24,281 to €10,888
- Taxes +€6,836
up €6,836 (+75.9%), from €9,006 to €15,842
- Financial charges +€793
up €793 (+572.8%), from €138 to €932
- Financial income -€773
down €773 (-97.9%), from €789 to €16
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 | €125,382 | €181,154 | +€55,772 | +44.5% |
| Fixed assets | 21/28 | €12,420 | €1,532 | -€10,888 | -87.7% |
| Tangible fixed assets | 22/27 | €11,960 | €1,072 | -€10,888 | -91.0% |
| Plant, machinery and equipment | 23 | €1,555 | €1,035 | -€520 | -33.5% |
| Furniture and vehicles | 24 | €10,405 | €37 | -€10,368 | -99.6% |
| Financial fixed assets | 28 | €460 | €460 | = | 0.0% |
| Current assets | 29/58 | €112,962 | €179,622 | +€66,660 | +59.0% |
| Stocks and contracts in progress | 3 | €8,587 | - | -€8,587 | |
| Contracts in progress | 37 | €8,587 | - | -€8,587 | |
| Amounts receivable within one year | 40/41 | €95,669 | €123,244 | +€27,574 | +28.8% |
| Trade receivables | 40 | €3,740 | €3,988 | +€247 | +6.6% |
| Other amounts receivable | 41 | €91,929 | €119,256 | +€27,327 | +29.7% |
| Cash at bank and in hand | 54/58 | €7,023 | €54,254 | +€47,231 | +672.5% |
| Deferred charges and accrued income | 490/1 | €1,683 | €2,124 | +€441 | +26.2% |
| Total equity and liabilities | 10/49 | €125,382 | €181,154 | +€55,772 | +44.5% |
| Equity | 10/15 | €116,829 | €157,097 | +€40,268 | +34.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €112,829 | €153,097 | +€40,268 | +35.7% |
| Distributable reserves | 133 | €112,829 | €153,097 | +€40,268 | +35.7% |
| Amounts payable | 17/49 | €8,553 | €24,057 | +€15,504 | +181.3% |
| Amounts payable within one year | 42/48 | €8,553 | €24,057 | +€15,504 | +181.3% |
| Financial debts | 43 | €5,000 | €5,000 | = | 0.0% |
| Credit institutions | 430/8 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €481 | €4,289 | +€3,808 | +791.0% |
| Suppliers | 440/4 | €481 | €4,289 | +€3,808 | +791.0% |
| Taxes, remuneration and social security | 45 | €3,072 | €14,768 | +€11,696 | +380.7% |
| Taxes | 450/3 | €3,072 | €14,768 | +€11,696 | +380.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,281 | €10,888 | -€13,392 | -55.2% |
| Other operating charges | 640/8 | €703 | €740 | +€37 | +5.3% |
| Gross operating margin | 9900 | €55,033 | €68,654 | +€13,621 | +24.8% |
| Operating profit (loss) | 9901 | €30,050 | €57,026 | +€26,976 | +89.8% |
| Financial income | 75/76B | €789 | €16 | -€773 | -97.9% |
| Recurring financial income | 75 | €789 | €16 | -€773 | -97.9% |
| Financial charges | 65/66B | €138 | €932 | +€793 | +572.8% |
| Recurring financial charges | 65 | €138 | €932 | +€793 | +572.8% |
| Profit (loss) for the period before taxes | 9903 | €30,701 | €56,110 | +€25,410 | +82.8% |
| Income taxes | 67/77 | €9,006 | €15,842 | +€6,836 | +75.9% |
| Profit (loss) for the period | 9904 | €21,694 | €40,268 | +€18,574 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,694 | €40,268 | +€18,574 | +85.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.