SPIDAM: 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.
SPIDAM
Largest movements
- Cash +€35,088
up €35,088 (+1568.3%), from €2,237 to €37,325
mainly Net result for the year (+€50,918) and Tax, wage and social debts (+€6,439)
- Receivables within one year +€15,047
up €15,047 (+170.3%), from €8,837 to €23,884
of which Trade receivables: +€14,888
- Tangible fixed assets -€6,250
down €6,250 (-32.7%), from €19,126 to €12,876
- Profit (loss) carried forward +€50,918
up €50,918 (+42.2%), from -€120,527 to -€69,609
- Current portion of long-term debt -€7,772
no longer reported in 2025 (was €7,772)
- Tax, wage and social debts +€6,439
up €6,439 (+168.3%), from €3,826 to €10,265
- Other debts -€4,856
down €4,856 (-4.6%), from €105,836 to €100,980
- Trade debts -€845
down €845 (-24.0%), from €3,519 to €2,674
- Gross operating margin +€55,132
up €55,132 (+1407.3%), from €3,918 to €59,050
- Other operating charges -€1,434
down €1,434 (-59.2%), from €2,423 to €989
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 | €33,173 | €77,058 | +€43,885 | +132.3% |
| Fixed assets | 21/28 | €22,098 | €15,848 | -€6,250 | -28.3% |
| Tangible fixed assets | 22/27 | €19,126 | €12,876 | -€6,250 | -32.7% |
| Furniture and vehicles | 24 | €19,126 | €12,876 | -€6,250 | -32.7% |
| Financial fixed assets | 28 | €2,973 | €2,973 | = | 0.0% |
| Current assets | 29/58 | €11,074 | €61,210 | +€50,135 | +452.7% |
| Amounts receivable within one year | 40/41 | €8,837 | €23,884 | +€15,047 | +170.3% |
| Trade receivables | 40 | €8,837 | €23,725 | +€14,888 | +168.5% |
| Other amounts receivable | 41 | - | €159 | +€159 | |
| Cash at bank and in hand | 54/58 | €2,237 | €37,325 | +€35,088 | +1568.3% |
| Total equity and liabilities | 10/49 | €33,173 | €77,058 | +€43,885 | +132.3% |
| Equity | 10/15 | -€87,780 | -€36,861 | +€50,918 | +58.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,547 | €26,547 | = | 0.0% |
| Distributable reserves | 133 | €26,547 | €26,547 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,527 | -€69,609 | +€50,918 | +42.2% |
| Amounts payable | 17/49 | €120,952 | €113,919 | -€7,033 | -5.8% |
| Amounts payable within one year | 42/48 | €120,952 | €113,919 | -€7,033 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €7,772 | - | -€7,772 | |
| Trade debts | 44 | €3,519 | €2,674 | -€845 | -24.0% |
| Suppliers | 440/4 | €3,519 | €2,674 | -€845 | -24.0% |
| Taxes, remuneration and social security | 45 | €3,826 | €10,265 | +€6,439 | +168.3% |
| Taxes | 450/3 | €3,826 | €10,265 | +€6,439 | +168.3% |
| Other amounts payable | 47/48 | €105,836 | €100,980 | -€4,856 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,874 | €6,250 | +€376 | +6.4% |
| Other operating charges | 640/8 | €2,423 | €989 | -€1,434 | -59.2% |
| Gross operating margin | 9900 | €3,918 | €59,050 | +€55,132 | +1407.3% |
| Operating profit (loss) | 9901 | -€4,379 | €51,811 | +€56,190 | |
| Financial income | 75/76B | €489 | - | -€489 | |
| Recurring financial income | 75 | €489 | - | -€489 | |
| Financial charges | 65/66B | €927 | €366 | -€561 | -60.5% |
| Recurring financial charges | 65 | €927 | €366 | -€561 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,818 | €51,445 | +€56,262 | |
| Income taxes | 67/77 | €119 | €527 | +€407 | +341.0% |
| Profit (loss) for the period | 9904 | -€4,937 | €50,918 | +€55,855 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,937 | €50,918 | +€55,855 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.