Spartacus 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.
Spartacus Consulting
Largest movements
- Cash -€14,317
down €14,317 (-22.1%), from €64,816 to €50,499
mainly Contributions, distributions and other (-€88,906) and Other debts (-€21,637)
- Receivables within one year -€13,183
down €13,183 (-21.1%), from €62,373 to €49,190
of which Trade receivables: -€14,496
- Tangible fixed assets -€1,366
down €1,366 (-21.7%), from €6,306 to €4,940
- Other debts -€21,637
down €21,637 (-20.6%), from €104,809 to €83,172
- Tax, wage and social debts -€7,708
down €7,708 (-28.0%), from €27,559 to €19,851
of which Taxes: -€7,724
- Gross operating margin -€12,600
down €12,600 (-9.6%), from €130,955 to €118,355
- Taxes -€4,567
down €4,567 (-16.2%), from €28,172 to €23,605
- Depreciation +€1,880
up €1,880 (+233%), from €807 to €2,687
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 | €133,494 | €104,628 | -€28,866 | -21.6% |
| Fixed assets | 21/28 | €6,306 | €4,940 | -€1,366 | -21.7% |
| Tangible fixed assets | 22/27 | €6,306 | €4,940 | -€1,366 | -21.7% |
| Furniture and vehicles | 24 | €6,306 | €4,940 | -€1,366 | -21.7% |
| Current assets | 29/58 | €127,189 | €99,688 | -€27,500 | -21.6% |
| Amounts receivable within one year | 40/41 | €62,373 | €49,190 | -€13,183 | -21.1% |
| Trade receivables | 40 | €62,291 | €47,795 | -€14,496 | -23.3% |
| Other amounts receivable | 41 | €82 | €1,395 | +€1,313 | +1,593% |
| Cash at bank and in hand | 54/58 | €64,816 | €50,499 | -€14,317 | -22.1% |
| Total equity and liabilities | 10/49 | €133,494 | €104,628 | -€28,866 | -21.6% |
| Equity | 10/15 | €1 | €1 | = | 0.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €133,493 | €104,627 | -€28,866 | -21.6% |
| Amounts payable within one year | 42/48 | €133,493 | €104,627 | -€28,866 | -21.6% |
| Trade debts | 44 | €1,126 | €1,604 | +€478 | +42.5% |
| Suppliers | 440/4 | €1,126 | €1,604 | +€478 | +42.5% |
| Taxes, remuneration and social security | 45 | €27,559 | €19,851 | -€7,708 | -28.0% |
| Taxes | 450/3 | €24,130 | €16,406 | -€7,724 | -32.0% |
| Remuneration and social security | 454/9 | €3,429 | €3,446 | +€16 | +0.5% |
| Other amounts payable | 47/48 | €104,809 | €83,172 | -€21,637 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €807 | €2,687 | +€1,880 | +233% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €130,955 | €118,355 | -€12,600 | -9.6% |
| Operating profit (loss) | 9901 | €129,760 | €115,268 | -€14,492 | -11.2% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €2,368 | €2,774 | +€406 | +17.1% |
| Recurring financial charges | 65 | €2,368 | €2,774 | +€406 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €127,392 | €112,511 | -€14,880 | -11.7% |
| Income taxes | 67/77 | €28,172 | €23,605 | -€4,567 | -16.2% |
| Profit (loss) for the period | 9904 | €99,220 | €88,906 | -€10,314 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €99,220 | €88,906 | -€10,314 | -10.4% |
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 21 October 2026 via checked.be.