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Specimmo: 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.

What changed

Specimmo

BE 0447.128.527
fiscal year 2021 against 2024not consecutivefiled annual accounts (NBB)
Net result for the year
-€11,690
2021 · -€5,405-€6,285
Equity
€206,487
2021 · €231,776-€25,289
Cash
€6,332
2021 · €9,058-€2,726
Balance sheet total
€213,602
2021 · €247,798-€34,196

Largest movements

2021 to 2024
Assets
  • Tangible fixed assets -€32,420

    down €32,420 (-14.1%), from €230,064 to €197,644

  • Cash -€2,726

    down €2,726 (-30.1%), from €9,058 to €6,332

Equity and liabilities
  • Profit (loss) carried forward -€25,289

    down €25,289, from €20,012 to -€5,277

  • Debts within one year -€8,907

    down €8,907 (-55.6%), from €16,022 to €7,115

    of which Trade debts: -€4,725

Income statement
  • Gross operating margin -€7,556

    down €7,556 (-52.8%), from €14,314 to €6,758

  • Other operating charges +€6,506

    new in 2024: €6,506

  • Depreciation -€2,239

    down €2,239 (-18.0%), from €12,460 to €10,221

  • Taxes +€197

    up €197 (+13.3%), from €1,482 to €1,679

From the 2021 result to the 2024 result

effect on the 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.

Result 2021 -€5,405
Gross operating margin -€7,556
Depreciation +€2,239
Other operating charges -€6,506
Other operating items +€5,750
Financial income +€0
Financial charges -€41
Other financial items +€27
Taxes -€197
Result 2024 -€11,690

Cash bridge derived

cash 2021 to 2024

A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.

Every line side by side 36 lines
Line Code 2021 2024 Change %
Total assets 20/58 €247,798 €213,602 -€34,196 -13.8%
Fixed assets 21/28 €238,740 €206,320 -€32,420 -13.6%
Tangible fixed assets 22/27 €230,064 €197,644 -€32,420 -14.1%
Land and buildings 22 - €197,644 +€197,644
Financial fixed assets 28 €8,676 €8,676 +€0 0.0%
Current assets 29/58 €9,058 €7,282 -€1,776 -19.6%
Amounts receivable within one year 40/41 - €950 +€950
Other amounts receivable 41 - €950 +€950
Cash at bank and in hand 54/58 €9,058 €6,332 -€2,726 -30.1%
Total equity and liabilities 10/49 €247,798 €213,602 -€34,196 -13.8%
Equity 10/15 €231,776 €206,487 -€25,289 -10.9%
Contributions 10/11 €205,008 €205,008 -€0 0.0%
Capital 10 - €205,008 +€205,008
Issued capital 100 - €205,008 +€205,008
Reserves 13 €6,756 €6,756 -€0 0.0%
Non-distributable reserves 130/1 - €6,756 +€6,756
Legal reserve 130 - €6,756 +€6,756
Profit (loss) carried forward 14 €20,012 -€5,277 -€25,289
Amounts payable 17/49 €16,022 €7,115 -€8,907 -55.6%
Amounts payable within one year 42/48 €16,022 €7,115 -€8,907 -55.6%
Trade debts 44 €7,917 €3,192 -€4,725 -59.7%
Suppliers 440/4 - €3,192 +€3,192
Taxes, remuneration and social security 45 - €3,922 +€3,922
Taxes 450/3 - €3,922 +€3,922
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €12,460 €10,221 -€2,239 -18.0%
Other operating charges 640/8 - €6,506 +€6,506
Gross operating margin 9900 €14,314 €6,758 -€7,556 -52.8%
Operating profit (loss) 9901 -€3,896 -€9,969 -€6,073 -155.9%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B - €41 +€41
Recurring financial charges 65 €27 €41 +€14 +53.4%
Profit (loss) for the period before taxes 9903 -€3,923 -€10,010 -€6,087 -155.2%
Income taxes 67/77 €1,482 €1,679 +€197 +13.3%
Profit (loss) for the period 9904 -€5,405 -€11,690 -€6,285 -116.3%
Profit (loss) for the period to be appropriated 9905 -€5,405 -€11,690 -€6,285 -116.3%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2021 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.