SPEN TECH: 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.
SPEN TECH
Largest movements
- Receivables within one year +€9,362
up €9,362 (+273.5%), from €3,423 to €12,785
of which Trade receivables: +€9,435
- Cash +€5,248
up €5,248 (+21.8%), from €24,090 to €29,338
mainly Other debts (+€23,663) and Net result for the year (+€7,818)
- Other debts +€23,663
up €23,663 (+246.8%), from €9,589 to €33,251
- Profit (loss) carried forward -€10,563
down €10,563 (-95.5%), from €11,063 to €500
- Tax, wage and social debts +€1,536
up €1,536 (+83.7%), from €1,836 to €3,372
- Gross operating margin +€2,914
up €2,914 (+34.5%), from €8,449 to €11,362
- Taxes +€1,536
up €1,536 (+83.7%), from €1,836 to €3,372
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 | €27,513 | €42,123 | +€14,610 | +53.1% |
| Current assets | 29/58 | €27,513 | €42,123 | +€14,610 | +53.1% |
| Amounts receivable within one year | 40/41 | €3,423 | €12,785 | +€9,362 | +273.5% |
| Trade receivables | 40 | €2,567 | €12,002 | +€9,435 | +367.5% |
| Other amounts receivable | 41 | €856 | €784 | -€72 | -8.5% |
| Cash at bank and in hand | 54/58 | €24,090 | €29,338 | +€5,248 | +21.8% |
| Total equity and liabilities | 10/49 | €27,513 | €42,123 | +€14,610 | +53.1% |
| Equity | 10/15 | €16,063 | €5,500 | -€10,563 | -65.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,063 | €500 | -€10,563 | -95.5% |
| Amounts payable | 17/49 | €11,450 | €36,623 | +€25,173 | +219.9% |
| Amounts payable within one year | 42/48 | €11,450 | €36,623 | +€25,173 | +219.9% |
| Trade debts | 44 | €26 | €0 | -€26 | -100.0% |
| Suppliers | 440/4 | €26 | €0 | -€26 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,836 | €3,372 | +€1,536 | +83.7% |
| Taxes | 450/3 | €1,836 | €3,372 | +€1,536 | +83.7% |
| Other amounts payable | 47/48 | €9,589 | €33,251 | +€23,663 | +246.8% |
| Gross operating margin | 9900 | €8,449 | €11,362 | +€2,914 | +34.5% |
| Operating profit (loss) | 9901 | €8,449 | €11,362 | +€2,914 | +34.5% |
| Financial charges | 65/66B | €102 | €172 | +€70 | +68.3% |
| Recurring financial charges | 65 | €102 | €172 | +€70 | +68.3% |
| Profit (loss) for the period before taxes | 9903 | €8,346 | €11,190 | +€2,844 | +34.1% |
| Income taxes | 67/77 | €1,836 | €3,372 | +€1,536 | +83.7% |
| Profit (loss) for the period | 9904 | €6,511 | €7,818 | +€1,308 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,511 | €7,818 | +€1,308 | +20.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.