SPECTRA: 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.
SPECTRA
Largest movements
- Receivables within one year -€46,787
down €46,787 (-98.4%), from €47,555 to €768
of which Other amounts receivable: -€34,547
- Cash -€2,715
down €2,715 (-38.3%), from €7,092 to €4,377
mainly Net result for the year (-€59,737)
- Profit (loss) carried forward -€59,737
down €59,737 (-31.6%), from -€188,966 to -€248,703
- Accrued charges and deferred income +€10,235
up €10,235 (+50.7%), from €20,205 to €30,439
- Other operating charges +€47,210
up €47,210 (+12188.2%), from €387 to €47,597
- Gross operating margin +€79
up €79 (+4.6%), from -€1,717 to -€1,638
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 | €54,647 | €5,145 | -€49,502 | -90.6% |
| Current assets | 29/58 | €54,647 | €5,145 | -€49,502 | -90.6% |
| Amounts receivable within one year | 40/41 | €47,555 | €768 | -€46,787 | -98.4% |
| Trade receivables | 40 | €12,240 | - | -€12,240 | |
| Other amounts receivable | 41 | €35,315 | €768 | -€34,547 | -97.8% |
| Cash at bank and in hand | 54/58 | €7,092 | €4,377 | -€2,715 | -38.3% |
| Total equity and liabilities | 10/49 | €54,647 | €5,145 | -€49,502 | -90.6% |
| Equity | 10/15 | -€170,250 | -€229,987 | -€59,737 | -35.1% |
| Contributions | 10/11 | €18,716 | €18,716 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€188,966 | -€248,703 | -€59,737 | -31.6% |
| Amounts payable | 17/49 | €224,897 | €235,132 | +€10,235 | +4.6% |
| Amounts payable after more than one year | 17 | €204,693 | €204,693 | = | 0.0% |
| Other amounts payable | 178/9 | €204,693 | €204,693 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €20,205 | €30,439 | +€10,235 | +50.7% |
| Other operating charges | 640/8 | €387 | €47,597 | +€47,210 | +12188.2% |
| Gross operating margin | 9900 | -€1,717 | -€1,638 | +€79 | +4.6% |
| Operating profit (loss) | 9901 | -€2,104 | -€49,235 | -€47,130 | -2239.6% |
| Financial charges | 65/66B | €10,502 | €10,502 | = | 0.0% |
| Recurring financial charges | 65 | €10,502 | €10,502 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,606 | -€59,737 | -€47,130 | -373.9% |
| Profit (loss) for the period | 9904 | -€12,606 | -€59,737 | -€47,130 | -373.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,606 | -€59,737 | -€47,130 | -373.9% |
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 3 October 2026 via checked.be.