Spayka: 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.
Spayka
Largest movements
- Tangible fixed assets -€31,714
down €31,714 (-45.5%), from €69,707 to €37,993
- Stocks and contracts +€20,035
up €20,035 (+127.6%), from €15,700 to €35,735
- Receivables within one year -€18,633
down €18,633 (-49.4%), from €37,747 to €19,114
of which Other amounts receivable: -€10,331
- Financial fixed assets -€3,900
down €3,900 (-96.7%), from €4,035 to €135
- Cash +€1,872
up €1,872 (+10.4%), from €18,006 to €19,877
mainly Advances received (+€80,359) and Receivables within one year (+€18,633)
- Other debts -€98,033
no longer reported in 2025 (was €98,033)
- Advances received +€80,359
new in 2025: €80,359
- Tax, wage and social debts -€7,500
no longer reported in 2025 (was €7,500)
- Profit (loss) carried forward -€5,001
down €5,001, from €3,205 to -€1,796
- Trade debts -€2,429
down €2,429 (-36.1%), from €6,720 to €4,291
- Gross operating margin -€13,036
down €13,036 (-45.8%), from €28,438 to €15,402
- Financial income +€9,873
up €9,873 (+1618545.9%), from €1 to €9,874
- Other operating charges +€5,935
up €5,935 (+119.7%), from €4,956 to €10,891
- Depreciation -€1,974
down €1,974 (-9.8%), from €20,199 to €18,225
- Financial charges +€1,083
up €1,083 (+1382.6%), from €78 to €1,162
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 | €145,458 | €112,854 | -€32,604 | -22.4% |
| Fixed assets | 21/28 | €73,742 | €38,128 | -€35,614 | -48.3% |
| Tangible fixed assets | 22/27 | €69,707 | €37,993 | -€31,714 | -45.5% |
| Furniture and vehicles | 24 | €69,707 | €37,993 | -€31,714 | -45.5% |
| Financial fixed assets | 28 | €4,035 | €135 | -€3,900 | -96.7% |
| Current assets | 29/58 | €71,716 | €74,725 | +€3,010 | +4.2% |
| Stocks and contracts in progress | 3 | €15,700 | €35,735 | +€20,035 | +127.6% |
| Stocks | 30/36 | €15,700 | €35,735 | +€20,035 | +127.6% |
| Amounts receivable within one year | 40/41 | €37,747 | €19,114 | -€18,633 | -49.4% |
| Trade receivables | 40 | €22,721 | €14,418 | -€8,303 | -36.5% |
| Other amounts receivable | 41 | €15,026 | €4,696 | -€10,331 | -68.8% |
| Cash at bank and in hand | 54/58 | €18,006 | €19,877 | +€1,872 | +10.4% |
| Deferred charges and accrued income | 490/1 | €263 | - | -€263 | |
| Total equity and liabilities | 10/49 | €145,458 | €112,854 | -€32,604 | -22.4% |
| Equity | 10/15 | €33,205 | €28,204 | -€5,001 | -15.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Capital | 10 | €30,000 | €30,000 | = | 0.0% |
| Issued capital | 100 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,205 | -€1,796 | -€5,001 | |
| Amounts payable | 17/49 | €112,253 | €84,650 | -€27,603 | -24.6% |
| Amounts payable within one year | 42/48 | €112,253 | €84,650 | -€27,603 | -24.6% |
| Trade debts | 44 | €6,720 | €4,291 | -€2,429 | -36.1% |
| Suppliers | 440/4 | €6,720 | €4,291 | -€2,429 | -36.1% |
| Advances received on contracts in progress | 46 | - | €80,359 | +€80,359 | |
| Taxes, remuneration and social security | 45 | €7,500 | - | -€7,500 | |
| Remuneration and social security | 454/9 | €7,500 | - | -€7,500 | |
| Other amounts payable | 47/48 | €98,033 | - | -€98,033 | |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,199 | €18,225 | -€1,974 | -9.8% |
| Other operating charges | 640/8 | €4,956 | €10,891 | +€5,935 | +119.7% |
| Gross operating margin | 9900 | €28,438 | €15,402 | -€13,036 | -45.8% |
| Operating profit (loss) | 9901 | €3,283 | -€13,714 | -€16,997 | |
| Financial income | 75/76B | €1 | €9,874 | +€9,873 | +1618545.9% |
| Recurring financial income | 75 | €1 | €9,874 | +€9,873 | +1618545.9% |
| Financial charges | 65/66B | €78 | €1,162 | +€1,083 | +1382.6% |
| Recurring financial charges | 65 | €78 | €1,162 | +€1,083 | +1382.6% |
| Profit (loss) for the period before taxes | 9903 | €3,205 | -€5,001 | -€8,207 | |
| Profit (loss) for the period | 9904 | €3,205 | -€5,001 | -€8,207 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,205 | -€5,001 | -€8,207 |
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.