SPATIO: what changed
What changed
SPATIO
NACE 46.831, Wholesale of construction materials, general range
filed annual accounts (NBB)
Net result for the year
€102,413
2024 · €50,488+€51,925
Equity
€62,210
2024 · €54,798+€7,413
Cash
€82,851
2024 · €40,563+€42,288
Balance sheet total
€243,609
2024 · €207,215+€36,393
Largest movements
Assets
- Cash +€42,288
up €42,288 (+104%), from €40,563 to €82,851
mainly Net result for the year (+€102,413) and Other debts (+€43,359)
- Stocks and contracts -€13,124
down €13,124 (-10.3%), from €127,782 to €114,658
- Receivables within one year +€11,536
up €11,536 (+114%), from €10,153 to €21,688
of which Trade receivables: +€9,263
- Tangible fixed assets -€5,151
down €5,151 (-90.1%), from €5,716 to €565
of which Furniture and vehicles: -€3,637
Equity and liabilities
- Other debts +€43,359
up €43,359 (+81.6%), from €53,143 to €96,503
- Advances received +€28,011
new in 2025: €28,011
- Trade debts -€21,230
down €21,230 (-39.6%), from €53,662 to €32,432
- Tax, wage and social debts -€10,836
down €10,836 (-31.9%), from €33,955 to €23,119
of which Taxes: -€14,757
- Accrued charges and deferred income -€10,324
no longer reported in 2025 (was €10,324)
Income statement
- Gross operating margin +€82,013
up €82,013 (+85.7%), from €95,742 to €177,754
- Staff costs +€18,715
up €18,715 (+47.2%), from €39,664 to €58,379
- Taxes +€17,027
up €17,027 (+87.6%), from €19,439 to €36,466
- Financial income +€4,268
up €4,268 (+17.1%), from €24,956 to €29,224
- Write-downs -€4,259
new in 2025: -€4,259
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€50,488
Gross operating margin
+€82,013
Staff costs
-€18,715
Depreciation
+€2,885
Write-downs
+€4,259
Other operating charges
-€3,281
Financial income
+€4,268
Financial charges
-€2,477
Taxes
-€17,027
Result 2025
€102,413
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€136,937
Investment
+€350
Financing
-€95,000
Cash 2024
€40,563
From operations (derived)
+€136,937
Net result for the year
+€102,413
Depreciation
+€5,151
Stocks and contracts
+€13,124
Receivables within one year
-€11,536
Deferred charges and accrued income
-€1,195
Trade debts
-€21,230
Tax, wage and social debts
-€10,836
Advances received
+€28,011
Other debts
+€43,359
Accrued charges and deferred income
-€10,324
Investment (derived)
+€350
Investment in fixed assets (net)
+€350
Financing
-€95,000
Short-term financial debts
-€0
Contributions, distributions and other
-€95,000
Cash 2025
€82,851
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,215 | €243,609 | +€36,393 | +17.6% |
| Fixed assets | 21/28 | €6,215 | €714 | -€5,501 | -88.5% |
| Tangible fixed assets | 22/27 | €5,716 | €565 | -€5,151 | -90.1% |
| Plant, machinery and equipment | 23 | €1,858 | €344 | -€1,513 | -81.5% |
| Furniture and vehicles | 24 | €3,858 | €221 | -€3,637 | -94.3% |
| Financial fixed assets | 28 | €499 | €149 | -€350 | -70.2% |
| Current assets | 29/58 | €201,000 | €242,895 | +€41,895 | +20.8% |
| Stocks and contracts in progress | 3 | €127,782 | €114,658 | -€13,124 | -10.3% |
| Stocks | 30/36 | €127,782 | €114,658 | -€13,124 | -10.3% |
| Amounts receivable within one year | 40/41 | €10,153 | €21,688 | +€11,536 | +114% |
| Trade receivables | 40 | €5,042 | €14,305 | +€9,263 | +184% |
| Other amounts receivable | 41 | €5,111 | €7,384 | +€2,273 | +44.5% |
| Current investments | 50/53 | €20,720 | €20,720 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,563 | €82,851 | +€42,288 | +104% |
| Deferred charges and accrued income | 490/1 | €1,782 | €2,977 | +€1,195 | +67.0% |
| Total equity and liabilities | 10/49 | €207,215 | €243,609 | +€36,393 | +17.6% |
| Equity | 10/15 | €54,798 | €62,210 | +€7,413 | +13.5% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €23,220 | €23,220 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,220 | €23,220 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Own shares acquired | 1312 | €20,720 | €20,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,778 | €14,190 | +€7,413 | +109% |
| Amounts payable | 17/49 | €152,418 | €181,398 | +€28,981 | +19.0% |
| Amounts payable within one year | 42/48 | €142,093 | €181,398 | +€39,305 | +27.7% |
| Financial debts | 43 | €1,333 | €1,333 | -€0 | 0.0% |
| Credit institutions | 430/8 | €1,333 | €1,333 | -€0 | 0.0% |
| Trade debts | 44 | €53,662 | €32,432 | -€21,230 | -39.6% |
| Suppliers | 440/4 | €53,662 | €32,432 | -€21,230 | -39.6% |
| Advances received on contracts in progress | 46 | - | €28,011 | +€28,011 | |
| Taxes, remuneration and social security | 45 | €33,955 | €23,119 | -€10,836 | -31.9% |
| Taxes | 450/3 | €26,319 | €11,562 | -€14,757 | -56.1% |
| Remuneration and social security | 454/9 | €7,636 | €11,557 | +€3,921 | +51.4% |
| Other amounts payable | 47/48 | €53,143 | €96,503 | +€43,359 | +81.6% |
| Accrued charges and deferred income | 492/3 | €10,324 | - | -€10,324 | |
| Remuneration, social security and pensions | 62 | €39,664 | €58,379 | +€18,715 | +47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,035 | €5,151 | -€2,885 | -35.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€4,259 | -€4,259 | |
| Other operating charges | 640/8 | €1,761 | €5,042 | +€3,281 | +186% |
| Gross operating margin | 9900 | €95,742 | €177,754 | +€82,013 | +85.7% |
| Operating profit (loss) | 9901 | €46,281 | €113,442 | +€67,161 | +145% |
| Financial income | 75/76B | €24,956 | €29,224 | +€4,268 | +17.1% |
| Recurring financial income | 75 | €24,956 | €29,224 | +€4,268 | +17.1% |
| Financial charges | 65/66B | €1,310 | €3,787 | +€2,477 | +189% |
| Recurring financial charges | 65 | €1,310 | €3,787 | +€2,477 | +189% |
| Profit (loss) for the period before taxes | 9903 | €69,926 | €138,878 | +€68,952 | +98.6% |
| Income taxes | 67/77 | €19,439 | €36,466 | +€17,027 | +87.6% |
| Profit (loss) for the period | 9904 | €50,488 | €102,413 | +€51,925 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €50,488 | €102,413 | +€51,925 | +103% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.