SPARADIS: 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.
SPARADIS
Largest movements
- Receivables within one year -€19,709
down €19,709 (-81.2%), from €24,277 to €4,568
of which Trade receivables: -€24,026
- Cash -€14,171
down €14,171 (-63.5%), from €22,310 to €8,139
mainly Trade debts (-€29,005) and Net result for the year (-€3,621)
- Tangible fixed assets -€838
down €838 (-5.7%), from €14,812 to €13,974
of which Plant, machinery and equipment: -€1,322
- Trade debts -€29,005
down €29,005 (-93.3%), from €31,078 to €2,073
- Profit (loss) carried forward -€3,621
down €3,621, from €1,654 to -€1,966
- Tax, wage and social debts -€1,993
down €1,993 (-9.2%), from €21,666 to €19,673
- Purchases and services -€89,807
no longer reported in 2025 (was €89,807)
- Turnover -€85,260
no longer reported in 2025 (was €85,260)
- Depreciation +€3,493
new in 2025: €3,493
- Gross operating margin -€1,513
down €1,513 (-95.2%), from €1,590 to €77
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 | €61,398 | €26,780 | -€34,619 | -56.4% |
| Fixed assets | 21/28 | €14,812 | €14,072 | -€740 | -5.0% |
| Tangible fixed assets | 22/27 | €14,812 | €13,974 | -€838 | -5.7% |
| Plant, machinery and equipment | 23 | €6,612 | €5,289 | -€1,322 | -20.0% |
| Furniture and vehicles | 24 | €8,200 | €8,684 | +€484 | +5.9% |
| Financial fixed assets | 28 | - | €98 | +€98 | |
| Current assets | 29/58 | €46,587 | €12,708 | -€33,879 | -72.7% |
| Amounts receivable within one year | 40/41 | €24,277 | €4,568 | -€19,709 | -81.2% |
| Trade receivables | 40 | €24,026 | - | -€24,026 | |
| Other amounts receivable | 41 | €250 | €4,568 | +€4,318 | +1725.0% |
| Cash at bank and in hand | 54/58 | €22,310 | €8,139 | -€14,171 | -63.5% |
| Total equity and liabilities | 10/49 | €61,398 | €26,780 | -€34,619 | -56.4% |
| Equity | 10/15 | €8,654 | €5,034 | -€3,621 | -41.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,654 | -€1,966 | -€3,621 | |
| Amounts payable | 17/49 | €52,744 | €21,746 | -€30,998 | -58.8% |
| Amounts payable within one year | 42/48 | €52,744 | €21,746 | -€30,998 | -58.8% |
| Trade debts | 44 | €31,078 | €2,073 | -€29,005 | -93.3% |
| Suppliers | 440/4 | €31,078 | €2,073 | -€29,005 | -93.3% |
| Taxes, remuneration and social security | 45 | €21,666 | €19,673 | -€1,993 | -9.2% |
| Taxes | 450/3 | €21,666 | €19,673 | -€1,993 | -9.2% |
| Turnover | 70 | €85,260 | - | -€85,260 | |
| Goods, raw materials, services and sundry goods | 60/61 | €89,807 | - | -€89,807 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,493 | +€3,493 | |
| Other operating charges | 640/8 | €260 | - | -€260 | |
| Gross operating margin | 9900 | €1,590 | €77 | -€1,513 | -95.2% |
| Operating profit (loss) | 9901 | €1,330 | -€3,417 | -€4,747 | |
| Financial income | 75/76B | - | €115 | +€115 | |
| Recurring financial income | 75 | - | €115 | +€115 | |
| Financial charges | 65/66B | €173 | €182 | +€9 | +5.1% |
| Recurring financial charges | 65 | €173 | €182 | +€9 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €1,157 | -€3,484 | -€4,641 | |
| Income taxes | 67/77 | - | €137 | +€137 | |
| Profit (loss) for the period | 9904 | €1,157 | -€3,621 | -€4,778 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,157 | -€3,621 | -€4,778 |
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 6 October 2026 via checked.be.