SPICYMOTION: 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.
SPICYMOTION
Largest movements
- Receivables within one year -€89,977
down €89,977 (-27.7%), from €324,415 to €234,438
of which Trade receivables: -€85,894
- Cash +€85,352
up €85,352 (+619%), from €13,789 to €99,141
mainly Receivables within one year (+€89,977) and Receivables after one year (+€75,027)
- Receivables after one year -€75,027
down €75,027 (-100%), from €75,027 to €0
- Intangible fixed assets -€14,500
down €14,500 (-33.3%), from €43,500 to €29,000
- Profit (loss) carried forward -€70,646
down €70,646 (-81.5%), from -€86,713 to -€157,359
- Trade debts -€46,034
down €46,034 (-11.0%), from €416,891 to €370,857
- Tax, wage and social debts +€14,843
up €14,843 (+225%), from €6,611 to €21,454
of which Taxes: +€18,954
- Other debts +€8,921
up €8,921 (+11.5%), from €77,596 to €86,517
- Gross operating margin -€27,005
down €27,005 (-35.2%), from €76,736 to €49,731
- Staff costs -€19,847
down €19,847 (-66.2%), from €29,983 to €10,136
- Financial charges +€7,484
up €7,484 (+9.7%), from €77,191 to €84,675
of which Non-recurring financial charges: +€8,277
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €525,405 | €432,655 | -€92,750 | -17.7% |
| Fixed assets | 21/28 | €108,721 | €93,922 | -€14,799 | -13.6% |
| Intangible fixed assets | 21 | €43,500 | €29,000 | -€14,500 | -33.3% |
| Tangible fixed assets | 22/27 | €5,038 | €4,444 | -€594 | -11.8% |
| Plant, machinery and equipment | 23 | €1,038 | €444 | -€594 | -57.2% |
| Furniture and vehicles | 24 | €4,000 | €4,000 | = | 0.0% |
| Financial fixed assets | 28 | €60,183 | €60,478 | +€295 | +0.5% |
| Current assets | 29/58 | €416,683 | €338,733 | -€77,950 | -18.7% |
| Amounts receivable after more than one year | 29 | €75,027 | €0 | -€75,027 | -100% |
| Other amounts receivable | 291 | €75,027 | €0 | -€75,027 | -100% |
| Amounts receivable within one year | 40/41 | €324,415 | €234,438 | -€89,977 | -27.7% |
| Trade receivables | 40 | €319,315 | €233,421 | -€85,894 | -26.9% |
| Other amounts receivable | 41 | €5,100 | €1,017 | -€4,083 | -80.1% |
| Cash at bank and in hand | 54/58 | €13,789 | €99,141 | +€85,352 | +619% |
| Deferred charges and accrued income | 490/1 | €3,452 | €5,154 | +€1,702 | +49.3% |
| Total equity and liabilities | 10/49 | €525,405 | €432,655 | -€92,750 | -17.7% |
| Equity | 10/15 | €24,307 | -€46,339 | -€70,646 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Uncalled capital | 101 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €11,020 | €11,020 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,020 | €11,020 | = | 0.0% |
| Legal reserve | 130 | €11,020 | €11,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,713 | -€157,359 | -€70,646 | -81.5% |
| Amounts payable | 17/49 | €501,098 | €478,994 | -€22,103 | -4.4% |
| Amounts payable within one year | 42/48 | €501,098 | €478,829 | -€22,269 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €416,891 | €370,857 | -€46,034 | -11.0% |
| Suppliers | 440/4 | €416,891 | €370,857 | -€46,034 | -11.0% |
| Taxes, remuneration and social security | 45 | €6,611 | €21,454 | +€14,843 | +225% |
| Taxes | 450/3 | €2,500 | €21,454 | +€18,954 | +758% |
| Remuneration and social security | 454/9 | €4,111 | €0 | -€4,111 | -100% |
| Other amounts payable | 47/48 | €77,596 | €86,517 | +€8,921 | +11.5% |
| Accrued charges and deferred income | 492/3 | - | €166 | +€166 | |
| Remuneration, social security and pensions | 62 | €29,983 | €10,136 | -€19,847 | -66.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,094 | €15,094 | = | 0.0% |
| Other operating charges | 640/8 | €10,747 | €10,612 | -€135 | -1.3% |
| Gross operating margin | 9900 | €76,736 | €49,731 | -€27,005 | -35.2% |
| Operating profit (loss) | 9901 | €20,912 | €13,889 | -€7,023 | -33.6% |
| Financial income | 75/76B | €481 | €551 | +€70 | +14.5% |
| Recurring financial income | 75 | €481 | €551 | +€70 | +14.5% |
| Financial charges | 65/66B | €77,191 | €84,675 | +€7,484 | +9.7% |
| Recurring financial charges | 65 | €10,441 | €9,648 | -€793 | -7.6% |
| Non-recurring financial charges | 66B | €66,750 | €75,027 | +€8,277 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | -€55,798 | -€70,235 | -€14,437 | -25.9% |
| Income taxes | 67/77 | €475 | €411 | -€63 | -13.3% |
| Profit (loss) for the period | 9904 | -€56,273 | -€70,646 | -€14,374 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,273 | -€70,646 | -€14,374 | -25.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.