SPAZIO BIANCO: 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.
SPAZIO BIANCO
Largest movements
- Cash +€8,928
up €8,928 (+98.0%), from €9,115 to €18,044
mainly Net result for the year (+€7,732) and Tax, wage and social debts (+€3,541)
- Intangible fixed assets +€4,711
new in 2025: €4,711
- Deferred charges and accrued income -€3,488
down €3,488 (-85.8%), from €4,064 to €576
- Tangible fixed assets -€517
down €517 (-33.5%), from €1,543 to €1,026
- Profit (loss) carried forward +€7,732
up €7,732 (+91.1%), from -€8,489 to -€757
- Tax, wage and social debts +€3,541
up €3,541 (+138%), from €2,566 to €6,107
- Trade debts -€1,069
down €1,069 (-15.9%), from €6,718 to €5,649
- Other debts -€434
down €434 (-3.8%), from €11,462 to €11,027
- Gross operating margin +€13,153
up €13,153, from -€4,121 to €9,032
- Depreciation +€1,199
up €1,199 (+16,984%), from €7 to €1,206
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 | €15,257 | €25,026 | +€9,770 | +64.0% |
| Fixed assets | 21/28 | €1,543 | €5,737 | +€4,194 | +272% |
| Intangible fixed assets | 21 | - | €4,711 | +€4,711 | |
| Tangible fixed assets | 22/27 | €1,543 | €1,026 | -€517 | -33.5% |
| Furniture and vehicles | 24 | €1,543 | €1,026 | -€517 | -33.5% |
| Current assets | 29/58 | €13,714 | €19,289 | +€5,576 | +40.7% |
| Amounts receivable within one year | 40/41 | €535 | €670 | +€135 | +25.3% |
| Trade receivables | 40 | €535 | €670 | +€135 | +25.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €9,115 | €18,044 | +€8,928 | +98.0% |
| Deferred charges and accrued income | 490/1 | €4,064 | €576 | -€3,488 | -85.8% |
| Total equity and liabilities | 10/49 | €15,257 | €25,026 | +€9,770 | +64.0% |
| Equity | 10/15 | -€5,489 | €2,243 | +€7,732 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,489 | -€757 | +€7,732 | +91.1% |
| Amounts payable | 17/49 | €20,745 | €22,783 | +€2,038 | +9.8% |
| Amounts payable within one year | 42/48 | €20,745 | €22,783 | +€2,038 | +9.8% |
| Trade debts | 44 | €6,718 | €5,649 | -€1,069 | -15.9% |
| Suppliers | 440/4 | €6,718 | €5,649 | -€1,069 | -15.9% |
| Taxes, remuneration and social security | 45 | €2,566 | €6,107 | +€3,541 | +138% |
| Taxes | 450/3 | €2,566 | €6,107 | +€3,541 | +138% |
| Other amounts payable | 47/48 | €11,462 | €11,027 | -€434 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7 | €1,206 | +€1,199 | +16,984% |
| Gross operating margin | 9900 | -€4,121 | €9,032 | +€13,153 | |
| Operating profit (loss) | 9901 | -€4,128 | €7,826 | +€11,954 | |
| Financial income | 75/76B | €7 | €0 | -€7 | -98.6% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -98.6% |
| Financial charges | 65/66B | €105 | €94 | -€10 | -9.7% |
| Recurring financial charges | 65 | €105 | €94 | -€10 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,226 | €7,732 | +€11,958 | |
| Profit (loss) for the period | 9904 | -€4,226 | €7,732 | +€11,958 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,226 | €7,732 | +€11,958 |
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 27 October 2026 via checked.be.