Spiced Up: 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.
Spiced Up
Largest movements
- Receivables within one year +€24,613
up €24,613 (+583.7%), from €4,217 to €28,829
of which Trade receivables: +€22,688
- Tangible fixed assets -€21,414
down €21,414 (-21.5%), from €99,502 to €78,088
- Current investments +€19,686
up €19,686 (+12.4%), from €158,467 to €178,153
- Cash +€10,938
up €10,938 (+20.2%), from €54,057 to €64,995
mainly Net result for the year (+€148,625) and Other debts (+€41,790)
- Other debts +€41,790
up €41,790 (+31.4%), from €133,081 to €174,871
- Reserves -€23,225
down €23,225 (-14.4%), from €160,943 to €137,717
- Tax, wage and social debts +€13,121
up €13,121 (+274.2%), from €4,785 to €17,907
- Trade debts +€4,983
up €4,983 (+287.9%), from €1,731 to €6,714
- Gross operating margin +€33,335
up €33,335 (+22.2%), from €150,241 to €183,577
- Financial income +€24,211
up €24,211 (+3020.1%), from €802 to €25,012
- Depreciation +€14,074
up €14,074 (+191.8%), from €7,340 to €21,414
- Taxes +€4,789
up €4,789 (+15.2%), from €31,543 to €36,332
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 | €320,761 | €356,832 | +€36,071 | +11.2% |
| Fixed assets | 21/28 | €99,502 | €78,088 | -€21,414 | -21.5% |
| Tangible fixed assets | 22/27 | €99,502 | €78,088 | -€21,414 | -21.5% |
| Furniture and vehicles | 24 | €99,502 | €78,088 | -€21,414 | -21.5% |
| Current assets | 29/58 | €221,259 | €278,744 | +€57,485 | +26.0% |
| Amounts receivable within one year | 40/41 | €4,217 | €28,829 | +€24,613 | +583.7% |
| Trade receivables | 40 | €1,513 | €24,200 | +€22,688 | +1500.0% |
| Other amounts receivable | 41 | €2,704 | €4,629 | +€1,925 | +71.2% |
| Current investments | 50/53 | €158,467 | €178,153 | +€19,686 | +12.4% |
| Cash at bank and in hand | 54/58 | €54,057 | €64,995 | +€10,938 | +20.2% |
| Deferred charges and accrued income | 490/1 | €4,518 | €6,767 | +€2,249 | +49.8% |
| Total equity and liabilities | 10/49 | €320,761 | €356,832 | +€36,071 | +11.2% |
| Equity | 10/15 | €179,543 | €156,317 | -€23,225 | -12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €160,943 | €137,717 | -€23,225 | -14.4% |
| Distributable reserves | 133 | €160,943 | €137,717 | -€23,225 | -14.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €141,218 | €200,515 | +€59,297 | +42.0% |
| Amounts payable within one year | 42/48 | €140,630 | €199,537 | +€58,907 | +41.9% |
| Financial debts | 43 | €1,033 | €45 | -€987 | -95.6% |
| Credit institutions | 430/8 | €1,033 | €45 | -€987 | -95.6% |
| Trade debts | 44 | €1,731 | €6,714 | +€4,983 | +287.9% |
| Suppliers | 440/4 | €1,731 | €6,714 | +€4,983 | +287.9% |
| Taxes, remuneration and social security | 45 | €4,785 | €17,907 | +€13,121 | +274.2% |
| Taxes | 450/3 | €4,785 | €17,907 | +€13,121 | +274.2% |
| Other amounts payable | 47/48 | €133,081 | €174,871 | +€41,790 | +31.4% |
| Accrued charges and deferred income | 492/3 | €589 | €978 | +€389 | +66.2% |
| Non-recurring operating income | 76A | €7,000 | €0 | -€7,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,340 | €21,414 | +€14,074 | +191.8% |
| Other operating charges | 640/8 | €1,385 | €1,146 | -€240 | -17.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €150,241 | €183,577 | +€33,335 | +22.2% |
| Operating profit (loss) | 9901 | €141,516 | €161,017 | +€19,501 | +13.8% |
| Financial income | 75/76B | €802 | €25,012 | +€24,211 | +3020.1% |
| Recurring financial income | 75 | €802 | €25,012 | +€24,211 | +3020.1% |
| Financial charges | 65/66B | €890 | €1,072 | +€183 | +20.5% |
| Recurring financial charges | 65 | €890 | €1,072 | +€183 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €141,428 | €184,957 | +€43,529 | +30.8% |
| Income taxes | 67/77 | €31,543 | €36,332 | +€4,789 | +15.2% |
| Profit (loss) for the period | 9904 | €109,885 | €148,625 | +€38,739 | +35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €109,885 | €148,625 | +€38,739 | +35.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.