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Spéléo-J: 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

Spéléo-J

BE 0412.376.001
NACE 47.639, Retail sale of other sporting goods
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€31,065
2024 · -€29,692-€1,373
Equity
€162,863
2024 · €193,928-€31,065
Cash
€132,261
2024 · €119,827+€12,433
Balance sheet total
€253,112
2024 · €267,313-€14,202

Largest movements

2024 to 2025
Assets
  • Current investments -€50,000

    down €50,000 (-45.5%), from €110,000 to €60,000

  • Tangible fixed assets +€24,861

    up €24,861 (+2780.3%), from €894 to €25,756

  • Cash +€12,433

    up €12,433 (+10.4%), from €119,827 to €132,261

    mainly Current investments (+€50,000) and Debts after one year (+€12,016)

Equity and liabilities
  • Profit (loss) carried forward -€31,065

    down €31,065 (-37.4%), from €83,148 to €52,083

  • Debts after one year +€12,016

    new in 2025: €12,016

  • Current portion of long-term debt +€6,866

    new in 2025: €6,866

Income statement
  • Staff costs +€26,435

    up €26,435 (+7.3%), from €360,173 to €386,608

  • Gross operating margin +€25,359

    up €25,359 (+7.7%), from €329,979 to €355,338

From the 2024 result to the 2025 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 2024 -€29,692
Gross operating margin +€25,359
Staff costs -€26,435
Depreciation -€1,873
Other operating charges -€48
Financial income +€1,222
Financial charges +€402
Result 2025 -€31,065

Cash bridge derived

cash 2024 to 2025

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.

From operations -€29,548
Investment +€23,098
Financing +€18,883
Cash 2024 €119,827
Net result for the year -€31,065
Depreciation +€2,040
Stocks and contracts +€1,696
Receivables within one year +€519
Deferred charges and accrued income -€718
Trade debts -€2,238
Tax, wage and social debts +€761
Advances received -€542
Investment in fixed assets (net) -€26,902
Current investments +€50,000
Debts after one year +€12,016
Current portion of long-term debt +€6,866
Cash 2025 €132,261
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €267,313 €253,112 -€14,202 -5.3%
Fixed assets 21/28 €894 €25,756 +€24,861 +2780.3%
Tangible fixed assets 22/27 €894 €25,756 +€24,861 +2780.3%
Furniture and vehicles 24 €894 €25,756 +€24,861 +2780.3%
Current assets 29/58 €266,419 €227,356 -€39,063 -14.7%
Stocks and contracts in progress 3 €25,439 €23,743 -€1,696 -6.7%
Stocks 30/36 €25,439 €23,743 -€1,696 -6.7%
Amounts receivable within one year 40/41 €11,153 €10,634 -€519 -4.7%
Trade receivables 40 €2,794 €837 -€1,956 -70.0%
Other amounts receivable 41 €8,359 €9,796 +€1,437 +17.2%
Current investments 50/53 €110,000 €60,000 -€50,000 -45.5%
Cash at bank and in hand 54/58 €119,827 €132,261 +€12,433 +10.4%
Deferred charges and accrued income 490/1 - €718 +€718
Total equity and liabilities 10/49 €267,313 €253,112 -€14,202 -5.3%
Equity 10/15 €193,928 €162,863 -€31,065 -16.0%
Contributions 10/11 €110,780 €110,780 = 0.0%
Capital 10 €110,780 €110,780 = 0.0%
Profit (loss) carried forward 14 €83,148 €52,083 -€31,065 -37.4%
Amounts payable 17/49 €73,385 €90,248 +€16,863 +23.0%
Amounts payable after more than one year 17 - €12,016 +€12,016
Financial debts 170/4 - €12,016 +€12,016
Amounts payable within one year 42/48 €73,385 €78,232 +€4,847 +6.6%
Current portion of amounts payable after more than one year 42 - €6,866 +€6,866
Trade debts 44 €4,123 €1,884 -€2,238 -54.3%
Suppliers 440/4 €4,123 €1,884 -€2,238 -54.3%
Advances received on contracts in progress 46 €542 - -€542
Taxes, remuneration and social security 45 €68,721 €69,482 +€761 +1.1%
Taxes 450/3 €11,767 €9,536 -€2,231 -19.0%
Remuneration and social security 454/9 €56,954 €59,945 +€2,991 +5.3%
Remuneration, social security and pensions 62 €360,173 €386,608 +€26,435 +7.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €167 €2,040 +€1,873 +1122.6%
Other operating charges 640/8 €511 €559 +€48 +9.4%
Gross operating margin 9900 €329,979 €355,338 +€25,359 +7.7%
Operating profit (loss) 9901 -€30,873 -€33,870 -€2,998 -9.7%
Financial income 75/76B €1,717 €2,939 +€1,222 +71.2%
Recurring financial income 75 €1,717 €2,939 +€1,222 +71.2%
Financial charges 65/66B €536 €134 -€402 -75.0%
Recurring financial charges 65 €536 €134 -€402 -75.0%
Profit (loss) for the period before taxes 9903 -€29,692 -€31,065 -€1,373 -4.6%
Profit (loss) for the period 9904 -€29,692 -€31,065 -€1,373 -4.6%
Profit (loss) for the period to be appropriated 9905 -€29,692 -€31,065 -€1,373 -4.6%

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 30 September 2026 via checked.be.