SPICYIT: 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.
SPICYIT
Largest movements
- Cash -€27,468
down €27,468 (-25.1%), from €109,296 to €81,827
mainly Net result for the year (-€43,283) and Investment in fixed assets (net) (-€2,881)
- Tangible fixed assets -€9,392
down €9,392 (-5.0%), from €186,189 to €176,797
of which Land and buildings: -€8,543
- Receivables within one year -€4,398
down €4,398 (-46.2%), from €9,523 to €5,125
of which Trade receivables: -€6,074
- Deferred charges and accrued income -€3,498
down €3,498 (-92.2%), from €3,793 to €295
- Profit (loss) carried forward -€43,283
down €43,283 (-577.0%), from -€7,502 to -€50,785
- Gross operating margin -€38,823
down €38,823, from €9,572 to -€29,251
- Write-downs -€3,200
down €3,200, from €1,600 to -€1,600
- Other operating charges +€2,120
up €2,120 (+142.0%), from €1,493 to €3,612
- Depreciation -€1,761
down €1,761 (-12.5%), from €14,035 to €12,273
- Financial income +€302
up €302 (+110.7%), from €273 to €575
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 | €309,361 | €264,605 | -€44,756 | -14.5% |
| Fixed assets | 21/28 | €186,749 | €177,357 | -€9,392 | -5.0% |
| Tangible fixed assets | 22/27 | €186,189 | €176,797 | -€9,392 | -5.0% |
| Land and buildings | 22 | €176,929 | €168,386 | -€8,543 | -4.8% |
| Plant, machinery and equipment | 23 | €1,282 | €1,813 | +€530 | +41.4% |
| Furniture and vehicles | 24 | €4,153 | €4,395 | +€241 | +5.8% |
| Other tangible fixed assets | 26 | €3,825 | €2,203 | -€1,621 | -42.4% |
| Financial fixed assets | 28 | €560 | €560 | = | 0.0% |
| Current assets | 29/58 | €122,612 | €87,248 | -€35,364 | -28.8% |
| Amounts receivable within one year | 40/41 | €9,523 | €5,125 | -€4,398 | -46.2% |
| Trade receivables | 40 | €9,391 | €3,317 | -€6,074 | -64.7% |
| Other amounts receivable | 41 | €132 | €1,808 | +€1,676 | +1271.2% |
| Cash at bank and in hand | 54/58 | €109,296 | €81,827 | -€27,468 | -25.1% |
| Deferred charges and accrued income | 490/1 | €3,793 | €295 | -€3,498 | -92.2% |
| Total equity and liabilities | 10/49 | €309,361 | €264,605 | -€44,756 | -14.5% |
| Equity | 10/15 | €260,631 | €217,348 | -€43,283 | -16.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Outside capital | 11 | €100,000 | €100,000 | = | 0.0% |
| Other | 1109/19 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €168,132 | €168,132 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,560 | €9,560 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,560 | €9,560 | = | 0.0% |
| Tax-exempt reserves | 132 | €32,750 | €32,750 | = | 0.0% |
| Distributable reserves | 133 | €125,822 | €125,822 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,502 | -€50,785 | -€43,283 | -577.0% |
| Amounts payable | 17/49 | €48,730 | €47,257 | -€1,473 | -3.0% |
| Amounts payable within one year | 42/48 | €46,892 | €47,160 | +€268 | +0.6% |
| Trade debts | 44 | €2,164 | €717 | -€1,446 | -66.9% |
| Suppliers | 440/4 | €2,164 | €717 | -€1,446 | -66.9% |
| Taxes, remuneration and social security | 45 | €145 | €39 | -€106 | -73.0% |
| Taxes | 450/3 | €145 | €39 | -€106 | -73.0% |
| Other amounts payable | 47/48 | €44,583 | €46,404 | +€1,820 | +4.1% |
| Accrued charges and deferred income | 492/3 | €1,838 | €97 | -€1,741 | -94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,035 | €12,273 | -€1,761 | -12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,600 | -€1,600 | -€3,200 | |
| Other operating charges | 640/8 | €1,493 | €3,612 | +€2,120 | +142.0% |
| Gross operating margin | 9900 | €9,572 | -€29,251 | -€38,823 | |
| Operating profit (loss) | 9901 | -€7,555 | -€43,537 | -€35,981 | -476.2% |
| Financial income | 75/76B | €273 | €575 | +€302 | +110.7% |
| Recurring financial income | 75 | €273 | €575 | +€302 | +110.7% |
| Financial charges | 65/66B | €341 | €321 | -€20 | -5.8% |
| Recurring financial charges | 65 | €341 | €321 | -€20 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,624 | -€43,283 | -€35,659 | -467.8% |
| Profit (loss) for the period | 9904 | -€7,624 | -€43,283 | -€35,659 | -467.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,624 | -€43,283 | -€35,659 | -467.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.