Spicy India: what changed
Spicy India
Largest movements
- Tangible fixed assets +€21,032
up €21,032 (+616%), from €3,414 to €24,445
- Intangible fixed assets -€7,000
down €7,000 (-16.6%), from €42,058 to €35,058
- Cash +€3,660
up €3,660 (+78.1%), from €4,687 to €8,347
mainly Other debts (+€30,943) and Depreciation (+€11,968)
- Stocks and contracts -€3,039
down €3,039 (-35.1%), from €8,669 to €5,630
- Receivables within one year +€1,754
new in 2025: €1,754
- Other debts +€30,943
up €30,943 (+479%), from €6,454 to €37,397
- Tax, wage and social debts -€7,322
no longer reported in 2025 (was €7,322)
of which Remuneration and social security: -€3,877
- Profit (loss) carried forward -€5,489
down €5,489 (-20.3%), from €27,042 to €21,553
- Trade debts -€1,725
down €1,725 (-51.3%), from €3,360 to €1,635
- Gross operating margin +€5,960
up €5,960 (+26.1%), from €22,827 to €28,788
- Staff costs -€4,341
down €4,341 (-19.4%), from €22,386 to €18,045
- Depreciation +€3,220
up €3,220 (+36.8%), from €8,749 to €11,968
- Other operating charges +€1,349
up €1,349 (+127%), from €1,065 to €2,415
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,177 | €82,585 | +€16,407 | +24.8% |
| Fixed assets | 21/28 | €52,821 | €66,853 | +€14,032 | +26.6% |
| Intangible fixed assets | 21 | €42,058 | €35,058 | -€7,000 | -16.6% |
| Tangible fixed assets | 22/27 | €3,414 | €24,445 | +€21,032 | +616% |
| Plant, machinery and equipment | 23 | €3,414 | €24,445 | +€21,032 | +616% |
| Financial fixed assets | 28 | €7,350 | €7,350 | = | 0.0% |
| Current assets | 29/58 | €13,356 | €15,732 | +€2,375 | +17.8% |
| Stocks and contracts in progress | 3 | €8,669 | €5,630 | -€3,039 | -35.1% |
| Stocks | 30/36 | €8,669 | €5,630 | -€3,039 | -35.1% |
| Amounts receivable within one year | 40/41 | - | €1,754 | +€1,754 | |
| Other amounts receivable | 41 | - | €1,754 | +€1,754 | |
| Cash at bank and in hand | 54/58 | €4,687 | €8,347 | +€3,660 | +78.1% |
| Total equity and liabilities | 10/49 | €66,177 | €82,585 | +€16,407 | +24.8% |
| Equity | 10/15 | €49,042 | €43,553 | -€5,489 | -11.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,042 | €21,553 | -€5,489 | -20.3% |
| Amounts payable | 17/49 | €17,135 | €39,032 | +€21,896 | +128% |
| Amounts payable within one year | 42/48 | €17,135 | €39,032 | +€21,896 | +128% |
| Trade debts | 44 | €3,360 | €1,635 | -€1,725 | -51.3% |
| Suppliers | 440/4 | €3,360 | €1,635 | -€1,725 | -51.3% |
| Taxes, remuneration and social security | 45 | €7,322 | - | -€7,322 | |
| Taxes | 450/3 | €3,444 | - | -€3,444 | |
| Remuneration and social security | 454/9 | €3,877 | - | -€3,877 | |
| Other amounts payable | 47/48 | €6,454 | €37,397 | +€30,943 | +479% |
| Remuneration, social security and pensions | 62 | €22,386 | €18,045 | -€4,341 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,749 | €11,968 | +€3,220 | +36.8% |
| Other operating charges | 640/8 | €1,065 | €2,415 | +€1,349 | +127% |
| Non-recurring operating charges | 66A | - | €1,640 | +€1,640 | |
| Gross operating margin | 9900 | €22,827 | €28,788 | +€5,960 | +26.1% |
| Operating profit (loss) | 9901 | -€9,373 | -€5,281 | +€4,092 | +43.7% |
| Financial charges | 65/66B | €305 | €209 | -€96 | -31.6% |
| Recurring financial charges | 65 | €305 | €209 | -€96 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,678 | -€5,489 | +€4,189 | +43.3% |
| Profit (loss) for the period | 9904 | -€9,678 | -€5,489 | +€4,189 | +43.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,678 | -€5,489 | +€4,189 | +43.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.