SPELLWARE STUDIOS: 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.
SPELLWARE STUDIOS
Largest movements
- Cash +€50,077
up €50,077 (+58.2%), from €86,106 to €136,182
mainly Net result for the year (+€54,210) and Receivables within one year (+€10,165)
- Deferred charges and accrued income +€25,883
up €25,883 (+14,408%), from €180 to €26,062
- Receivables within one year -€10,165
down €10,165 (-65.2%), from €15,602 to €5,437
of which Trade receivables: -€10,165
- Reserves +€54,000
up €54,000 (+70.6%), from €76,500 to €130,500
- Tax, wage and social debts +€5,517
up €5,517 (+28.4%), from €19,418 to €24,935
of which Remuneration and social security: +€14,249
- Trade debts +€3,315
up €3,315 (+173%), from €1,913 to €5,228
- Other debts +€2,940
up €2,940 (+211%), from €1,392 to €4,332
- Staff costs +€47,587
up €47,587 (+157%), from €30,324 to €77,911
- Gross operating margin +€35,376
up €35,376 (+31.5%), from €112,347 to €147,724
- Taxes -€2,466
down €2,466 (-15.1%), from €16,360 to €13,894
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 | €104,467 | €170,591 | +€66,124 | +63.3% |
| Fixed assets | 21/28 | €2,580 | €2,909 | +€329 | +12.8% |
| Tangible fixed assets | 22/27 | €2,580 | €2,909 | +€329 | +12.8% |
| Plant, machinery and equipment | 23 | €2,580 | €2,504 | -€75 | -2.9% |
| Furniture and vehicles | 24 | - | €405 | +€405 | |
| Current assets | 29/58 | €101,888 | €167,682 | +€65,794 | +64.6% |
| Amounts receivable within one year | 40/41 | €15,602 | €5,437 | -€10,165 | -65.2% |
| Trade receivables | 40 | €15,602 | €5,437 | -€10,165 | -65.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €86,106 | €136,182 | +€50,077 | +58.2% |
| Deferred charges and accrued income | 490/1 | €180 | €26,062 | +€25,883 | +14,408% |
| Total equity and liabilities | 10/49 | €104,467 | €170,591 | +€66,124 | +63.3% |
| Equity | 10/15 | €81,744 | €135,954 | +€54,210 | +66.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €76,500 | €130,500 | +€54,000 | +70.6% |
| Distributable reserves | 133 | €76,500 | €130,500 | +€54,000 | +70.6% |
| Profit (loss) carried forward | 14 | €244 | €454 | +€210 | +86.2% |
| Amounts payable | 17/49 | €22,723 | €34,637 | +€11,913 | +52.4% |
| Amounts payable within one year | 42/48 | €22,723 | €34,495 | +€11,772 | +51.8% |
| Trade debts | 44 | €1,913 | €5,228 | +€3,315 | +173% |
| Suppliers | 440/4 | €1,913 | €5,228 | +€3,315 | +173% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €19,418 | €24,935 | +€5,517 | +28.4% |
| Taxes | 450/3 | €15,640 | €6,908 | -€8,732 | -55.8% |
| Remuneration and social security | 454/9 | €3,779 | €18,027 | +€14,249 | +377% |
| Other amounts payable | 47/48 | €1,392 | €4,332 | +€2,940 | +211% |
| Accrued charges and deferred income | 492/3 | - | €142 | +€142 | |
| Remuneration, social security and pensions | 62 | €30,324 | €77,911 | +€47,587 | +157% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €395 | €1,216 | +€821 | +208% |
| Other operating charges | 640/8 | €139 | €283 | +€144 | +104% |
| Gross operating margin | 9900 | €112,347 | €147,724 | +€35,376 | +31.5% |
| Operating profit (loss) | 9901 | €81,489 | €68,313 | -€13,176 | -16.2% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €233 | €209 | -€24 | -10.3% |
| Recurring financial charges | 65 | €233 | €209 | -€24 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €81,259 | €68,105 | -€13,155 | -16.2% |
| Income taxes | 67/77 | €16,360 | €13,894 | -€2,466 | -15.1% |
| Profit (loss) for the period | 9904 | €64,899 | €54,210 | -€10,689 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,899 | €54,210 | -€10,689 | -16.5% |
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.