SPANDAK: 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.
SPANDAK
Largest movements
- Receivables within one year +€45,461
up €45,461 (+259%), from €17,561 to €63,022
of which Trade receivables: +€40,782
- Cash +€11,099
up €11,099, from €0 to €11,099
mainly Net result for the year (+€42,355) and Tax, wage and social debts (+€23,426)
- Financial fixed assets +€9,222
new in 2023: €9,222
- Profit (loss) carried forward +€42,355
up €42,355, from -€9,584 to €32,771
- Tax, wage and social debts +€23,426
new in 2023: €23,426
- Gross operating margin +€43,260
up €43,260, from -€522 to €42,738
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,561 | €83,343 | +€65,782 | +375% |
| Fixed assets | 21/28 | - | €9,222 | +€9,222 | |
| Financial fixed assets | 28 | - | €9,222 | +€9,222 | |
| Current assets | 29/58 | €17,561 | €74,122 | +€56,560 | +322% |
| Amounts receivable within one year | 40/41 | €17,561 | €63,022 | +€45,461 | +259% |
| Trade receivables | 40 | - | €40,782 | +€40,782 | |
| Other amounts receivable | 41 | €17,561 | €22,241 | +€4,679 | +26.6% |
| Cash at bank and in hand | 54/58 | €0 | €11,099 | +€11,099 | |
| Total equity and liabilities | 10/49 | €17,561 | €83,343 | +€65,782 | +375% |
| Equity | 10/15 | €17,561 | €59,917 | +€42,355 | +241% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €7,146 | €7,146 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,146 | €5,146 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,584 | €32,771 | +€42,355 | |
| Amounts payable | 17/49 | €0 | €23,426 | +€23,426 | |
| Amounts payable within one year | 42/48 | €0 | €23,426 | +€23,426 | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | - | €23,426 | +€23,426 | |
| Taxes | 450/3 | - | €23,426 | +€23,426 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €102 | €373 | +€271 | +266% |
| Gross operating margin | 9900 | -€522 | €42,738 | +€43,260 | |
| Operating profit (loss) | 9901 | -€624 | €42,365 | +€42,988 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €100 | €9 | -€91 | -90.7% |
| Recurring financial charges | 65 | €100 | €9 | -€91 | -90.7% |
| Profit (loss) for the period before taxes | 9903 | -€724 | €42,355 | +€43,079 | |
| Profit (loss) for the period | 9904 | -€724 | €42,355 | +€43,079 | |
| Profit (loss) for the period to be appropriated | 9905 | -€724 | €42,355 | +€43,079 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.