Spazio Immo: 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 Immo
Largest movements
- Cash +€632,300
up €632,300 (+108,376%), from €583 to €632,883
mainly Trade debts (+€334,359) and Stocks and contracts (+€301,049)
- Stocks and contracts -€301,049
down €301,049 (-100%), from €301,049 to €0
- Financial fixed assets +€128,978
new in 2025: €128,978
- Receivables within one year -€43,433
down €43,433 (-50.7%), from €85,741 to €42,308
of which Trade receivables: -€64,815
- Trade debts +€334,359
up €334,359 (+234%), from €142,815 to €477,174
- Tax, wage and social debts +€131,328
new in 2025: €131,328
- Other debts -€59,100
down €59,100 (-97.0%), from €60,942 to €1,842
- Profit (loss) carried forward +€15,375
up €15,375, from -€6,384 to €8,991
- Gross operating margin +€24,661
up €24,661, from -€4,842 to €19,820
- Taxes +€3,268
new in 2025: €3,268
- Other operating charges -€561
down €561 (-50.5%), from €1,110 to €549
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 | €387,373 | €809,736 | +€422,362 | +109% |
| Fixed assets | 21/28 | - | €128,978 | +€128,978 | |
| Financial fixed assets | 28 | - | €128,978 | +€128,978 | |
| Current assets | 29/58 | €387,373 | €680,758 | +€293,385 | +75.7% |
| Stocks and contracts in progress | 3 | €301,049 | €0 | -€301,049 | -100% |
| Stocks | 30/36 | €301,049 | €0 | -€301,049 | -100% |
| Amounts receivable within one year | 40/41 | €85,741 | €42,308 | -€43,433 | -50.7% |
| Trade receivables | 40 | €85,741 | €20,926 | -€64,815 | -75.6% |
| Other amounts receivable | 41 | - | €21,382 | +€21,382 | |
| Cash at bank and in hand | 54/58 | €583 | €632,883 | +€632,300 | +108,376% |
| Deferred charges and accrued income | 490/1 | - | €5,567 | +€5,567 | |
| Total equity and liabilities | 10/49 | €387,373 | €809,736 | +€422,362 | +109% |
| Equity | 10/15 | €183,616 | €198,991 | +€15,375 | +8.4% |
| Contributions | 10/11 | €190,000 | €190,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,384 | €8,991 | +€15,375 | |
| Amounts payable | 17/49 | €203,757 | €610,745 | +€406,987 | +200% |
| Amounts payable within one year | 42/48 | €203,757 | €610,345 | +€406,588 | +200% |
| Trade debts | 44 | €142,815 | €477,174 | +€334,359 | +234% |
| Suppliers | 440/4 | €142,815 | €477,174 | +€334,359 | +234% |
| Taxes, remuneration and social security | 45 | - | €131,328 | +€131,328 | |
| Taxes | 450/3 | - | €131,328 | +€131,328 | |
| Other amounts payable | 47/48 | €60,942 | €1,842 | -€59,100 | -97.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Other operating charges | 640/8 | €1,110 | €549 | -€561 | -50.5% |
| Gross operating margin | 9900 | -€4,842 | €19,820 | +€24,661 | |
| Operating profit (loss) | 9901 | -€5,952 | €19,270 | +€25,223 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €432 | €627 | +€195 | +45.3% |
| Recurring financial charges | 65 | €432 | €627 | +€195 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,384 | €18,643 | +€25,027 | |
| Income taxes | 67/77 | - | €3,268 | +€3,268 | |
| Profit (loss) for the period | 9904 | -€6,384 | €15,375 | +€21,759 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,384 | €15,375 | +€21,759 |
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 16 October 2026 via checked.be.