Spietz décor: 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.
Spietz décor
Largest movements
- Tangible fixed assets -€10,296
down €10,296 (-4.0%), from €257,328 to €247,033
of which Land and buildings: -€9,871
- Profit (loss) carried forward -€32,869
down €32,869 (-69.0%), from -€47,663 to -€80,532
- Other debts +€26,207
up €26,207 (+1,191%), from €2,201 to €28,407
- Gross operating margin -€37,853
down €37,853, from €33,433 to -€4,420
- Other operating charges -€1,050
down €1,050 (-13.2%), from €7,937 to €6,887
- Financial income -€370
no longer reported in 2025 (was €370)
- Depreciation -€360
down €360 (-3.4%), from €10,656 to €10,296
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.
Derived cash bridge
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 | €260,171 | €251,378 | -€8,793 | -3.4% |
| Fixed assets | 21/28 | €257,328 | €247,033 | -€10,296 | -4.0% |
| Tangible fixed assets | 22/27 | €257,328 | €247,033 | -€10,296 | -4.0% |
| Land and buildings | 22 | €255,681 | €245,810 | -€9,871 | -3.9% |
| Furniture and vehicles | 24 | €207 | €0 | -€206 | -100.0% |
| Other tangible fixed assets | 26 | €1,441 | €1,222 | -€219 | -15.2% |
| Current assets | 29/58 | €2,843 | €4,345 | +€1,503 | +52.9% |
| Amounts receivable within one year | 40/41 | €2,794 | €4,026 | +€1,232 | +44.1% |
| Other amounts receivable | 41 | €2,794 | €4,026 | +€1,232 | +44.1% |
| Cash at bank and in hand | 54/58 | €49 | €319 | +€270 | +553% |
| Total equity and liabilities | 10/49 | €260,171 | €251,378 | -€8,793 | -3.4% |
| Equity | 10/15 | €103,760 | €70,891 | -€32,869 | -31.7% |
| Contributions | 10/11 | €151,423 | €151,423 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,663 | -€80,532 | -€32,869 | -69.0% |
| Amounts payable | 17/49 | €156,411 | €180,487 | +€24,076 | +15.4% |
| Amounts payable within one year | 42/48 | €156,411 | €180,487 | +€24,076 | +15.4% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €4,210 | €2,080 | -€2,130 | -50.6% |
| Suppliers | 440/4 | €4,210 | €2,080 | -€2,130 | -50.6% |
| Other amounts payable | 47/48 | €2,201 | €28,407 | +€26,207 | +1,191% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,656 | €10,296 | -€360 | -3.4% |
| Other operating charges | 640/8 | €7,937 | €6,887 | -€1,050 | -13.2% |
| Non-recurring operating charges | 66A | €12,901 | - | -€12,901 | |
| Gross operating margin | 9900 | €33,433 | -€4,420 | -€37,853 | |
| Operating profit (loss) | 9901 | €1,938 | -€21,603 | -€23,541 | |
| Financial income | 75/76B | €370 | - | -€370 | |
| Recurring financial income | 75 | €370 | - | -€370 | |
| Financial charges | 65/66B | €11,107 | €11,266 | +€159 | +1.4% |
| Recurring financial charges | 65 | €11,107 | €11,266 | +€159 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,799 | -€32,869 | -€24,071 | -274% |
| Profit (loss) for the period | 9904 | -€8,799 | -€32,869 | -€24,071 | -274% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,799 | -€32,869 | -€24,071 | -274% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.