SPICE AGENCY: 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.
SPICE AGENCY
Largest movements
- Receivables within one year +€82,227
up €82,227 (+60.3%), from €136,389 to €218,615
of which Trade receivables: +€81,267
- Cash +€75,024
up €75,024 (+55.7%), from €134,739 to €209,763
mainly Net result for the year (+€129,205) and Other debts (+€73,127)
- Tangible fixed assets -€5,848
down €5,848 (-56.8%), from €10,303 to €4,454
of which Furniture and vehicles: -€5,675
- Other debts +€73,127
up €73,127 (+1960.0%), from €3,731 to €76,858
- Reserves +€59,205
up €59,205 (+32.1%), from €184,354 to €243,559
- Tax, wage and social debts +€18,637
up €18,637 (+35.3%), from €52,742 to €71,378
of which Taxes: +€18,637
- Gross operating margin +€39,179
up €39,179 (+8.3%), from €469,807 to €508,986
- Other operating charges +€13,366
up €13,366 (+30.2%), from €44,312 to €57,678
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 | €285,954 | €438,144 | +€152,190 | +53.2% |
| Fixed assets | 21/28 | €14,203 | €8,354 | -€5,848 | -41.2% |
| Tangible fixed assets | 22/27 | €10,303 | €4,454 | -€5,848 | -56.8% |
| Land and buildings | 22 | €692 | €519 | -€173 | -25.0% |
| Furniture and vehicles | 24 | €9,611 | €3,935 | -€5,675 | -59.1% |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €271,751 | €429,790 | +€158,038 | +58.2% |
| Amounts receivable within one year | 40/41 | €136,389 | €218,615 | +€82,227 | +60.3% |
| Trade receivables | 40 | €136,389 | €217,656 | +€81,267 | +59.6% |
| Other amounts receivable | 41 | - | €960 | +€960 | |
| Cash at bank and in hand | 54/58 | €134,739 | €209,763 | +€75,024 | +55.7% |
| Deferred charges and accrued income | 490/1 | €623 | €1,411 | +€787 | +126.3% |
| Total equity and liabilities | 10/49 | €285,954 | €438,144 | +€152,190 | +53.2% |
| Equity | 10/15 | €190,554 | €249,759 | +€59,205 | +31.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €184,354 | €243,559 | +€59,205 | +32.1% |
| Distributable reserves | 133 | €184,354 | €243,559 | +€59,205 | +32.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €95,400 | €188,385 | +€92,985 | +97.5% |
| Amounts payable within one year | 42/48 | €95,371 | €188,385 | +€93,014 | +97.5% |
| Trade debts | 44 | €38,899 | €40,149 | +€1,251 | +3.2% |
| Suppliers | 440/4 | €38,899 | €40,149 | +€1,251 | +3.2% |
| Taxes, remuneration and social security | 45 | €52,742 | €71,378 | +€18,637 | +35.3% |
| Taxes | 450/3 | €52,742 | €71,378 | +€18,637 | +35.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,731 | €76,858 | +€73,127 | +1960.0% |
| Accrued charges and deferred income | 492/3 | €29 | €0 | -€29 | -100.0% |
| Remuneration, social security and pensions | 62 | €272,971 | €272,433 | -€537 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,533 | €5,848 | -€685 | -10.5% |
| Other operating charges | 640/8 | €44,312 | €57,678 | +€13,366 | +30.2% |
| Gross operating margin | 9900 | €469,807 | €508,986 | +€39,179 | +8.3% |
| Operating profit (loss) | 9901 | €145,991 | €173,026 | +€27,035 | +18.5% |
| Financial income | 75/76B | €569 | €873 | +€304 | +53.3% |
| Recurring financial income | 75 | €569 | €873 | +€304 | +53.3% |
| Financial charges | 65/66B | €1,275 | €1,080 | -€195 | -15.3% |
| Recurring financial charges | 65 | €1,275 | €1,080 | -€195 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €145,286 | €172,819 | +€27,534 | +19.0% |
| Income taxes | 67/77 | €48,253 | €43,614 | -€4,639 | -9.6% |
| Profit (loss) for the period | 9904 | €97,033 | €129,205 | +€32,172 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €97,033 | €129,205 | +€32,172 | +33.2% |
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 29 September 2026 via checked.be.