SPELIER CONSULTANCY: 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.
SPELIER CONSULTANCY
Largest movements
- Tangible fixed assets -€751,536
down €751,536 (-33.9%), from €2.2m to €1.5m
of which Plant, machinery and equipment: -€734,391
- Cash -€110,788
down €110,788 (-60.4%), from €183,524 to €72,736
mainly Debts after one year (-€661,024) and Trade debts (-€257,633)
- Debts after one year -€661,024
down €661,024 (-28.8%), from €2.3m to €1.6m
- Trade debts -€257,633
down €257,633 (-97.6%), from €263,884 to €6,252
- Profit (loss) carried forward +€56,804
up €56,804 (+12.4%), from -€458,252 to -€401,447
- Gross operating margin +€364,308
up €364,308 (+81.0%), from €449,565 to €813,872
- Depreciation -€59,458
down €59,458 (-8.8%), from €678,552 to €619,094
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 | €3,101,052 | €2,270,042 | -€831,009 | -26.8% |
| Fixed assets | 21/28 | €2,767,310 | €2,015,773 | -€751,536 | -27.2% |
| Tangible fixed assets | 22/27 | €2,215,128 | €1,463,592 | -€751,536 | -33.9% |
| Land and buildings | 22 | €314,820 | €304,733 | -€10,087 | -3.2% |
| Plant, machinery and equipment | 23 | €1,893,250 | €1,158,859 | -€734,391 | -38.8% |
| Furniture and vehicles | 24 | €7,058 | €0 | -€7,058 | -100% |
| Financial fixed assets | 28 | €552,182 | €552,182 | = | 0.0% |
| Current assets | 29/58 | €333,742 | €254,269 | -€79,473 | -23.8% |
| Amounts receivable within one year | 40/41 | €148,201 | €177,483 | +€29,282 | +19.8% |
| Trade receivables | 40 | €144,418 | €119,086 | -€25,332 | -17.5% |
| Other amounts receivable | 41 | €3,783 | €58,397 | +€54,614 | +1,444% |
| Cash at bank and in hand | 54/58 | €183,524 | €72,736 | -€110,788 | -60.4% |
| Deferred charges and accrued income | 490/1 | €2,017 | €4,050 | +€2,033 | +101% |
| Total equity and liabilities | 10/49 | €3,101,052 | €2,270,042 | -€831,009 | -26.8% |
| Equity | 10/15 | €20,569 | €77,374 | +€56,804 | +276% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €228,821 | €228,821 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €185,071 | €185,071 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€458,252 | -€401,447 | +€56,804 | +12.4% |
| Amounts payable | 17/49 | €3,080,482 | €2,192,669 | -€887,814 | -28.8% |
| Amounts payable after more than one year | 17 | €2,293,630 | €1,632,607 | -€661,024 | -28.8% |
| Financial debts | 170/4 | €2,293,630 | €1,632,607 | -€661,024 | -28.8% |
| Amounts payable within one year | 42/48 | €786,852 | €560,062 | -€226,790 | -28.8% |
| Current portion of amounts payable after more than one year | 42 | €493,870 | €504,605 | +€10,734 | +2.2% |
| Trade debts | 44 | €263,884 | €6,252 | -€257,633 | -97.6% |
| Suppliers | 440/4 | €263,884 | €6,252 | -€257,633 | -97.6% |
| Taxes, remuneration and social security | 45 | €29,097 | €49,206 | +€20,108 | +69.1% |
| Taxes | 450/3 | €29,097 | €49,206 | +€20,108 | +69.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €678,552 | €619,094 | -€59,458 | -8.8% |
| Other operating charges | 640/8 | €5,086 | €6,156 | +€1,070 | +21.0% |
| Gross operating margin | 9900 | €449,565 | €813,872 | +€364,308 | +81.0% |
| Operating profit (loss) | 9901 | -€234,073 | €188,622 | +€422,695 | |
| Financial income | 75/76B | €115 | €1,685 | +€1,570 | +1,370% |
| Recurring financial income | 75 | €115 | €1,685 | +€1,570 | +1,370% |
| Financial charges | 65/66B | €140,393 | €133,126 | -€7,268 | -5.2% |
| Recurring financial charges | 65 | €140,393 | €133,126 | -€7,268 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€374,352 | €57,181 | +€431,533 | |
| Income taxes | 67/77 | €3,881 | €377 | -€3,505 | -90.3% |
| Profit (loss) for the period | 9904 | -€378,233 | €56,804 | +€435,038 | |
| Profit (loss) for the period to be appropriated | 9905 | -€378,233 | €56,804 | +€435,038 |
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 28 October 2026 via checked.be.