SPIDER-CONCEPT: 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.
SPIDER-CONCEPT
Largest movements
- Receivables within one year -€76,149
down €76,149 (-52.1%), from €146,283 to €70,134
of which Trade receivables: -€105,854
- Cash +€41,926
up €41,926 (+111.1%), from €37,727 to €79,653
mainly Net result for the year (+€79,998) and Receivables within one year (+€76,149)
- Tangible fixed assets -€18,563
down €18,563 (-62.9%), from €29,513 to €10,951
of which Furniture and vehicles: -€17,360
- Tax, wage and social debts -€29,283
down €29,283 (-54.8%), from €53,435 to €24,152
of which Taxes: -€28,168
- Other debts -€28,229
down €28,229 (-39.9%), from €70,749 to €42,520
- Reserves +€20,383
up €20,383 (+37.2%), from €54,810 to €75,193
of which Distributable reserves: +€73,333
- Debts after one year -€11,933
down €11,933 (-62.4%), from €19,124 to €7,191
- Gross operating margin -€27,488
down €27,488 (-17.4%), from €158,128 to €130,640
- Taxes -€5,591
down €5,591 (-17.3%), from €32,242 to €26,651
- Other operating charges -€4,217
down €4,217 (-91.6%), from €4,602 to €385
- Depreciation -€3,138
down €3,138 (-13.5%), from €23,217 to €20,079
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 | €248,160 | €195,500 | -€52,660 | -21.2% |
| Fixed assets | 21/28 | €60,712 | €42,149 | -€18,563 | -30.6% |
| Tangible fixed assets | 22/27 | €29,513 | €10,951 | -€18,563 | -62.9% |
| Plant, machinery and equipment | 23 | €1,447 | €245 | -€1,203 | -83.1% |
| Furniture and vehicles | 24 | €28,066 | €10,706 | -€17,360 | -61.9% |
| Financial fixed assets | 28 | €31,198 | €31,198 | = | 0.0% |
| Current assets | 29/58 | €187,448 | €153,351 | -€34,097 | -18.2% |
| Amounts receivable within one year | 40/41 | €146,283 | €70,134 | -€76,149 | -52.1% |
| Trade receivables | 40 | €146,283 | €40,429 | -€105,854 | -72.4% |
| Other amounts receivable | 41 | - | €29,706 | +€29,706 | |
| Cash at bank and in hand | 54/58 | €37,727 | €79,653 | +€41,926 | +111.1% |
| Deferred charges and accrued income | 490/1 | €3,438 | €3,563 | +€125 | +3.6% |
| Total equity and liabilities | 10/49 | €248,160 | €195,500 | -€52,660 | -21.2% |
| Equity | 10/15 | €73,796 | €93,793 | +€19,998 | +27.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,810 | €75,193 | +€20,383 | +37.2% |
| Non-distributable reserves | 130/1 | €54,810 | €1,860 | -€52,950 | -96.6% |
| Reserves not available under the articles | 1311 | €54,810 | €1,860 | -€52,950 | -96.6% |
| Distributable reserves | 133 | - | €73,333 | +€73,333 | |
| Profit (loss) carried forward | 14 | €386 | - | -€386 | |
| Amounts payable | 17/49 | €174,364 | €101,707 | -€72,657 | -41.7% |
| Amounts payable after more than one year | 17 | €19,124 | €7,191 | -€11,933 | -62.4% |
| Financial debts | 170/4 | €19,124 | €7,191 | -€11,933 | -62.4% |
| Amounts payable within one year | 42/48 | €155,240 | €94,515 | -€60,724 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €26,179 | €25,417 | -€762 | -2.9% |
| Trade debts | 44 | €4,877 | €2,426 | -€2,450 | -50.2% |
| Suppliers | 440/4 | €4,877 | €2,426 | -€2,450 | -50.2% |
| Taxes, remuneration and social security | 45 | €53,435 | €24,152 | -€29,283 | -54.8% |
| Taxes | 450/3 | €52,320 | €24,152 | -€28,168 | -53.8% |
| Remuneration and social security | 454/9 | €1,115 | - | -€1,115 | |
| Other amounts payable | 47/48 | €70,749 | €42,520 | -€28,229 | -39.9% |
| Remuneration, social security and pensions | 62 | €126 | - | -€126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,217 | €20,079 | -€3,138 | -13.5% |
| Other operating charges | 640/8 | €4,602 | €385 | -€4,217 | -91.6% |
| Non-recurring operating charges | 66A | €291 | - | -€291 | |
| Gross operating margin | 9900 | €158,128 | €130,640 | -€27,488 | -17.4% |
| Operating profit (loss) | 9901 | €129,893 | €110,176 | -€19,717 | -15.2% |
| Financial income | 75/76B | €0 | €2 | +€2 | +333.3% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +333.3% |
| Financial charges | 65/66B | €4,306 | €3,529 | -€777 | -18.1% |
| Recurring financial charges | 65 | €4,306 | €3,529 | -€777 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €125,587 | €106,649 | -€18,938 | -15.1% |
| Income taxes | 67/77 | €32,242 | €26,651 | -€5,591 | -17.3% |
| Profit (loss) for the period | 9904 | €93,345 | €79,998 | -€13,347 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €93,345 | €79,998 | -€13,347 | -14.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.