Spectrum Autostyling: 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.
Spectrum Autostyling
Largest movements
- Cash +€86,041
up €86,041 (+35.1%), from €244,979 to €331,020
mainly Trade debts (+€48,764) and Net result for the year (+€27,463)
- Tangible fixed assets -€9,151
down €9,151 (-24.4%), from €37,475 to €28,324
- Stocks and contracts -€5,184
down €5,184 (-29.8%), from €17,423 to €12,239
- Trade debts +€48,764
up €48,764 (+463%), from €10,526 to €59,290
- Reserves +€27,465
up €27,465 (+9.2%), from €299,335 to €326,800
of which Distributable reserves: +€27,465
- Other debts -€4,741
down €4,741 (-57.0%), from €8,317 to €3,576
- Gross operating margin -€34,247
down €34,247 (-38.5%), from €88,924 to €54,677
- Taxes -€8,739
down €8,739 (-41.2%), from €21,200 to €12,461
- Financial charges -€3,260
down €3,260 (-34.6%), from €9,415 to €6,155
- Depreciation +€2,131
up €2,131 (+22.7%), from €9,389 to €11,520
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 | €327,530 | €400,732 | +€73,202 | +22.3% |
| Fixed assets | 21/28 | €37,475 | €28,324 | -€9,151 | -24.4% |
| Tangible fixed assets | 22/27 | €37,475 | €28,324 | -€9,151 | -24.4% |
| Furniture and vehicles | 24 | €37,475 | €28,324 | -€9,151 | -24.4% |
| Current assets | 29/58 | €290,055 | €372,408 | +€82,353 | +28.4% |
| Stocks and contracts in progress | 3 | €17,423 | €12,239 | -€5,184 | -29.8% |
| Stocks | 30/36 | €17,423 | €12,239 | -€5,184 | -29.8% |
| Amounts receivable within one year | 40/41 | €9,544 | €9,419 | -€125 | -1.3% |
| Trade receivables | 40 | €4,662 | €4,538 | -€124 | -2.7% |
| Other amounts receivable | 41 | €4,882 | €4,881 | -€1 | 0.0% |
| Current investments | 50/53 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €244,979 | €331,020 | +€86,041 | +35.1% |
| Deferred charges and accrued income | 490/1 | €3,109 | €4,730 | +€1,621 | +52.1% |
| Total equity and liabilities | 10/49 | €327,530 | €400,732 | +€73,202 | +22.3% |
| Equity | 10/15 | €306,002 | €333,467 | +€27,465 | +9.0% |
| Contributions | 10/11 | €6,667 | €6,667 | = | 0.0% |
| Reserves | 13 | €299,335 | €326,800 | +€27,465 | +9.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €297,335 | €324,800 | +€27,465 | +9.2% |
| Amounts payable | 17/49 | €21,528 | €67,265 | +€45,737 | +212% |
| Amounts payable within one year | 42/48 | €20,028 | €65,465 | +€45,437 | +227% |
| Trade debts | 44 | €10,526 | €59,290 | +€48,764 | +463% |
| Suppliers | 440/4 | €10,526 | €59,290 | +€48,764 | +463% |
| Taxes, remuneration and social security | 45 | €1,185 | €2,599 | +€1,414 | +119% |
| Taxes | 450/3 | €1,185 | €2,599 | +€1,414 | +119% |
| Other amounts payable | 47/48 | €8,317 | €3,576 | -€4,741 | -57.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,800 | +€300 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,389 | €11,520 | +€2,131 | +22.7% |
| Other operating charges | 640/8 | €336 | €348 | +€12 | +3.6% |
| Gross operating margin | 9900 | €88,924 | €54,677 | -€34,247 | -38.5% |
| Operating profit (loss) | 9901 | €79,199 | €42,809 | -€36,390 | -45.9% |
| Financial income | 75/76B | €3,989 | €3,270 | -€719 | -18.0% |
| Recurring financial income | 75 | €3,989 | €3,270 | -€719 | -18.0% |
| Financial charges | 65/66B | €9,415 | €6,155 | -€3,260 | -34.6% |
| Recurring financial charges | 65 | €9,415 | €6,155 | -€3,260 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €73,773 | €39,924 | -€33,849 | -45.9% |
| Income taxes | 67/77 | €21,200 | €12,461 | -€8,739 | -41.2% |
| Profit (loss) for the period | 9904 | €52,573 | €27,463 | -€25,110 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €52,573 | €27,463 | -€25,110 | -47.8% |
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 23 October 2026 via checked.be.