SPICIMMO: 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.
SPICIMMO
Largest movements
- Cash +€98,299
up €98,299 (+62.5%), from €157,335 to €255,634
mainly Other debts (+€200,000) and Net result for the year (+€79,777)
- Tangible fixed assets -€25,728
down €25,728 (-6.9%), from €374,896 to €349,169
- Other debts +€200,000
up €200,000 (+400.0%), from €50,000 to €250,000
- Profit (loss) carried forward -€120,223
down €120,223 (-34.1%), from €352,815 to €232,591
- Trade debts -€8,206
down €8,206 (-87.5%), from €9,380 to €1,174
- Gross operating margin +€15,018
up €15,018 (+9.8%), from €152,736 to €167,754
- Taxes +€3,618
up €3,618 (+15.2%), from €23,729 to €27,348
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €545,469 | €618,784 | +€73,315 | +13.4% |
| Fixed assets | 21/28 | €374,896 | €349,169 | -€25,728 | -6.9% |
| Tangible fixed assets | 22/27 | €374,896 | €349,169 | -€25,728 | -6.9% |
| Land and buildings | 22 | €374,896 | €349,169 | -€25,728 | -6.9% |
| Current assets | 29/58 | €170,573 | €269,615 | +€99,042 | +58.1% |
| Amounts receivable within one year | 40/41 | €12,256 | €13,152 | +€896 | +7.3% |
| Other amounts receivable | 41 | €12,256 | €13,152 | +€896 | +7.3% |
| Cash at bank and in hand | 54/58 | €157,335 | €255,634 | +€98,299 | +62.5% |
| Deferred charges and accrued income | 490/1 | €982 | €830 | -€152 | -15.5% |
| Total equity and liabilities | 10/49 | €545,469 | €618,784 | +€73,315 | +13.4% |
| Equity | 10/15 | €435,394 | €315,171 | -€120,223 | -27.6% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €20,079 | €20,079 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,079 | €20,079 | = | 0.0% |
| Legal reserve | 130 | €20,079 | €20,079 | = | 0.0% |
| Profit (loss) carried forward | 14 | €352,815 | €232,591 | -€120,223 | -34.1% |
| Amounts payable | 17/49 | €110,075 | €303,613 | +€193,538 | +175.8% |
| Amounts payable within one year | 42/48 | €59,380 | €251,174 | +€191,794 | +323.0% |
| Trade debts | 44 | €9,380 | €1,174 | -€8,206 | -87.5% |
| Suppliers | 440/4 | €9,380 | €1,174 | -€8,206 | -87.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €50,000 | €250,000 | +€200,000 | +400.0% |
| Accrued charges and deferred income | 492/3 | €50,695 | €52,439 | +€1,744 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,095 | €50,497 | -€598 | -1.2% |
| Other operating charges | 640/8 | €10,116 | €10,448 | +€332 | +3.3% |
| Gross operating margin | 9900 | €152,736 | €167,754 | +€15,018 | +9.8% |
| Operating profit (loss) | 9901 | €91,524 | €106,809 | +€15,285 | +16.7% |
| Financial income | 75/76B | - | €506 | +€506 | |
| Recurring financial income | 75 | - | €506 | +€506 | |
| Financial charges | 65/66B | €366 | €191 | -€175 | -47.8% |
| Recurring financial charges | 65 | €366 | €191 | -€175 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €91,158 | €107,124 | +€15,966 | +17.5% |
| Income taxes | 67/77 | €23,729 | €27,348 | +€3,618 | +15.2% |
| Profit (loss) for the period | 9904 | €67,429 | €79,777 | +€12,348 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €67,429 | €79,777 | +€12,348 | +18.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.