SPARTAKUS: 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.
SPARTAKUS
Largest movements
- Cash -€36,333
down €36,333 (-37.1%), from €97,876 to €61,543
mainly Net result for the year (-€65,354) and Tax, wage and social debts (-€3,746)
- Tangible fixed assets -€7,981
down €7,981 (-26.1%), from €30,579 to €22,598
of which Furniture and vehicles: -€7,116
- Stocks and contracts -€4,225
down €4,225 (-15.1%), from €27,936 to €23,711
- Receivables within one year -€3,696
down €3,696 (-18.6%), from €19,818 to €16,122
- Profit (loss) carried forward -€65,354
down €65,354 (-34.8%), from -€187,918 to -€253,272
- Trade debts +€17,552
up €17,552 (+6.6%), from €266,500 to €284,052
- Tax, wage and social debts -€3,746
down €3,746 (-4.4%), from €85,323 to €81,577
of which Remuneration and social security: -€9,052
- Accrued charges and deferred income -€3,349
no longer reported in 2025 (was €3,349)
- Gross operating margin +€25,168
up €25,168 (+4.3%), from €584,551 to €609,719
- Staff costs -€19,926
down €19,926 (-3.0%), from €665,494 to €645,568
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 | €179,654 | €125,757 | -€53,897 | -30.0% |
| Fixed assets | 21/28 | €30,579 | €22,598 | -€7,981 | -26.1% |
| Tangible fixed assets | 22/27 | €30,579 | €22,598 | -€7,981 | -26.1% |
| Furniture and vehicles | 24 | €23,822 | €16,706 | -€7,116 | -29.9% |
| Other tangible fixed assets | 26 | €6,757 | €5,892 | -€865 | -12.8% |
| Current assets | 29/58 | €149,075 | €103,159 | -€45,916 | -30.8% |
| Stocks and contracts in progress | 3 | €27,936 | €23,711 | -€4,225 | -15.1% |
| Stocks | 30/36 | €27,936 | €23,711 | -€4,225 | -15.1% |
| Amounts receivable within one year | 40/41 | €19,818 | €16,122 | -€3,696 | -18.6% |
| Trade receivables | 40 | €19,818 | €16,122 | -€3,696 | -18.6% |
| Cash at bank and in hand | 54/58 | €97,876 | €61,543 | -€36,333 | -37.1% |
| Deferred charges and accrued income | 490/1 | €3,445 | €1,783 | -€1,662 | -48.2% |
| Total equity and liabilities | 10/49 | €179,654 | €125,757 | -€53,897 | -30.0% |
| Equity | 10/15 | -€175,518 | -€240,872 | -€65,354 | -37.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€187,918 | -€253,272 | -€65,354 | -34.8% |
| Amounts payable | 17/49 | €355,172 | €366,629 | +€11,457 | +3.2% |
| Amounts payable within one year | 42/48 | €351,823 | €366,629 | +€14,806 | +4.2% |
| Trade debts | 44 | €266,500 | €284,052 | +€17,552 | +6.6% |
| Suppliers | 440/4 | €266,500 | €284,052 | +€17,552 | +6.6% |
| Taxes, remuneration and social security | 45 | €85,323 | €81,577 | -€3,746 | -4.4% |
| Taxes | 450/3 | €7,892 | €13,198 | +€5,306 | +67.2% |
| Remuneration and social security | 454/9 | €77,431 | €68,379 | -€9,052 | -11.7% |
| Other amounts payable | 47/48 | - | €1,000 | +€1,000 | |
| Accrued charges and deferred income | 492/3 | €3,349 | - | -€3,349 | |
| Remuneration, social security and pensions | 62 | €665,494 | €645,568 | -€19,926 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,074 | €7,981 | -€1,093 | -12.0% |
| Other operating charges | 640/8 | €8,503 | €9,208 | +€705 | +8.3% |
| Gross operating margin | 9900 | €584,551 | €609,719 | +€25,168 | +4.3% |
| Operating profit (loss) | 9901 | -€98,520 | -€53,038 | +€45,482 | +46.2% |
| Financial charges | 65/66B | €11,305 | €11,879 | +€574 | +5.1% |
| Recurring financial charges | 65 | €11,305 | €11,879 | +€574 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€109,825 | -€64,917 | +€44,908 | +40.9% |
| Income taxes | 67/77 | €530 | €437 | -€93 | -17.5% |
| Profit (loss) for the period | 9904 | -€110,355 | -€65,354 | +€45,001 | +40.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€110,355 | -€65,354 | +€45,001 | +40.8% |
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 22 October 2026 via checked.be.