SPANHAAK CONSULTING: 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.
SPANHAAK CONSULTING
Largest movements
- Current investments -€30,064
down €30,064 (-50.1%), from €60,000 to €29,936
- Receivables within one year +€4,215
up €4,215 (+26.4%), from €15,972 to €20,188
of which Trade receivables: +€3,671
- Tangible fixed assets +€4,179
up €4,179 (+25.2%), from €16,571 to €20,750
of which Furniture and vehicles: +€4,338
- Deferred charges and accrued income +€2,921
up €2,921 (+421%), from €693 to €3,614
- Other debts +€52,786
up €52,786 (+163%), from €32,291 to €85,078
- Reserves -€49,884
no longer reported in 2025 (was €49,884)
- Profit (loss) carried forward -€18,938
down €18,938 (-99.5%), from €19,038 to €100
- Debts after one year -€9,892
down €9,892 (-79.4%), from €12,464 to €2,572
- Trade debts +€4,470
up €4,470 (+318%), from €1,407 to €5,877
- Gross operating margin -€49,496
down €49,496 (-65.1%), from €75,992 to €26,496
- Financial income +€9,800
up €9,800 (+3,742%), from €262 to €10,062
- Taxes -€7,894
down €7,894 (-66.5%), from €11,867 to €3,973
- Depreciation -€837
down €837 (-5.0%), from €16,701 to €15,864
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 | €132,862 | €112,992 | -€19,870 | -15.0% |
| Fixed assets | 21/28 | €16,571 | €20,750 | +€4,179 | +25.2% |
| Tangible fixed assets | 22/27 | €16,571 | €20,750 | +€4,179 | +25.2% |
| Plant, machinery and equipment | 23 | €231 | €72 | -€159 | -68.9% |
| Furniture and vehicles | 24 | €16,341 | €20,678 | +€4,338 | +26.5% |
| Current assets | 29/58 | €116,291 | €92,242 | -€24,049 | -20.7% |
| Amounts receivable within one year | 40/41 | €15,972 | €20,188 | +€4,215 | +26.4% |
| Trade receivables | 40 | €14,840 | €18,511 | +€3,671 | +24.7% |
| Other amounts receivable | 41 | €1,133 | €1,677 | +€544 | +48.0% |
| Current investments | 50/53 | €60,000 | €29,936 | -€30,064 | -50.1% |
| Cash at bank and in hand | 54/58 | €39,625 | €38,504 | -€1,121 | -2.8% |
| Deferred charges and accrued income | 490/1 | €693 | €3,614 | +€2,921 | +421% |
| Total equity and liabilities | 10/49 | €132,862 | €112,992 | -€19,870 | -15.0% |
| Equity | 10/15 | €69,422 | €600 | -€68,822 | -99.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €49,884 | - | -€49,884 | |
| Distributable reserves | 133 | €49,884 | - | -€49,884 | |
| Profit (loss) carried forward | 14 | €19,038 | €100 | -€18,938 | -99.5% |
| Amounts payable | 17/49 | €63,440 | €112,392 | +€48,952 | +77.2% |
| Amounts payable after more than one year | 17 | €12,464 | €2,572 | -€9,892 | -79.4% |
| Financial debts | 170/4 | €12,464 | €2,572 | -€9,892 | -79.4% |
| Amounts payable within one year | 42/48 | €50,911 | €109,753 | +€58,843 | +116% |
| Current portion of amounts payable after more than one year | 42 | €9,288 | €9,892 | +€604 | +6.5% |
| Trade debts | 44 | €1,407 | €5,877 | +€4,470 | +318% |
| Suppliers | 440/4 | €1,407 | €5,877 | +€4,470 | +318% |
| Taxes, remuneration and social security | 45 | €7,925 | €8,907 | +€982 | +12.4% |
| Taxes | 450/3 | €7,925 | €8,907 | +€982 | +12.4% |
| Other amounts payable | 47/48 | €32,291 | €85,078 | +€52,786 | +163% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,701 | €15,864 | -€837 | -5.0% |
| Other operating charges | 640/8 | €525 | €530 | +€5 | +0.9% |
| Gross operating margin | 9900 | €75,992 | €26,496 | -€49,496 | -65.1% |
| Operating profit (loss) | 9901 | €58,766 | €10,102 | -€48,664 | -82.8% |
| Financial income | 75/76B | €262 | €10,062 | +€9,800 | +3,742% |
| Recurring financial income | 75 | €262 | €10,062 | +€9,800 | +3,742% |
| Financial charges | 65/66B | €1,926 | €1,538 | -€388 | -20.1% |
| Recurring financial charges | 65 | €1,926 | €1,538 | -€388 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €57,102 | €18,626 | -€38,475 | -67.4% |
| Income taxes | 67/77 | €11,867 | €3,973 | -€7,894 | -66.5% |
| Profit (loss) for the period | 9904 | €45,235 | €14,653 | -€30,581 | -67.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,235 | €14,653 | -€30,581 | -67.6% |
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 20 October 2026 via checked.be.