SPIK & SPAN: 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.
SPIK & SPAN
Largest movements
- Cash +€49,829
up €49,829 (+265.6%), from €18,760 to €68,589
mainly Net result for the year (+€65,411) and Other debts (+€27,318)
- Receivables within one year -€13,807
down €13,807 (-14.1%), from €98,203 to €84,396
of which Trade receivables: -€14,012
- Other debts +€27,318
up €27,318 (+120.6%), from €22,647 to €49,965
- Reserves +€11,999
up €11,999 (+53.2%), from €22,539 to €34,538
of which Distributable reserves: +€13,859
- Tax, wage and social debts -€9,203
down €9,203 (-13.5%), from €68,309 to €59,106
of which Remuneration and social security: -€9,843
- Trade debts +€6,374
up €6,374 (+137.0%), from €4,654 to €11,028
- Gross operating margin +€61,540
up €61,540 (+10.7%), from €577,253 to €638,793
- Taxes +€12,192
up €12,192 (+202.0%), from €6,034 to €18,226
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 | €137,121 | €173,237 | +€36,117 | +26.3% |
| Fixed assets | 21/28 | €19,013 | €17,568 | -€1,445 | -7.6% |
| Tangible fixed assets | 22/27 | €7,853 | €6,660 | -€1,193 | -15.2% |
| Plant, machinery and equipment | 23 | €5,330 | €3,388 | -€1,942 | -36.4% |
| Furniture and vehicles | 24 | €2,523 | €3,272 | +€749 | +29.7% |
| Financial fixed assets | 28 | €11,160 | €10,908 | -€252 | -2.3% |
| Current assets | 29/58 | €118,107 | €155,669 | +€37,562 | +31.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €98,203 | €84,396 | -€13,807 | -14.1% |
| Trade receivables | 40 | €90,193 | €76,181 | -€14,012 | -15.5% |
| Other amounts receivable | 41 | €8,010 | €8,215 | +€205 | +2.6% |
| Cash at bank and in hand | 54/58 | €18,760 | €68,589 | +€49,829 | +265.6% |
| Deferred charges and accrued income | 490/1 | €1,145 | €2,684 | +€1,539 | +134.5% |
| Total equity and liabilities | 10/49 | €137,121 | €173,237 | +€36,117 | +26.3% |
| Equity | 10/15 | €41,139 | €53,138 | +€11,999 | +29.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,539 | €34,538 | +€11,999 | +53.2% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €20,679 | €34,538 | +€13,859 | +67.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €95,981 | €120,099 | +€24,118 | +25.1% |
| Amounts payable within one year | 42/48 | €95,610 | €120,099 | +€24,489 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,654 | €11,028 | +€6,374 | +137.0% |
| Suppliers | 440/4 | €4,654 | €11,028 | +€6,374 | +137.0% |
| Taxes, remuneration and social security | 45 | €68,309 | €59,106 | -€9,203 | -13.5% |
| Taxes | 450/3 | €7,372 | €8,012 | +€639 | +8.7% |
| Remuneration and social security | 454/9 | €60,937 | €51,094 | -€9,843 | -16.2% |
| Other amounts payable | 47/48 | €22,647 | €49,965 | +€27,318 | +120.6% |
| Accrued charges and deferred income | 492/3 | €371 | €0 | -€371 | -100.0% |
| Non-recurring operating income | 76A | €2,102 | €0 | -€2,102 | -100.0% |
| Remuneration, social security and pensions | 62 | €531,579 | €536,968 | +€5,389 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,172 | €2,567 | +€396 | +18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €555 | €400 | -€155 | -27.9% |
| Other operating charges | 640/8 | €1,427 | €4,636 | +€3,209 | +224.9% |
| Non-recurring operating charges | 66A | €3,093 | €0 | -€3,093 | -100.0% |
| Gross operating margin | 9900 | €577,253 | €638,793 | +€61,540 | +10.7% |
| Operating profit (loss) | 9901 | €38,427 | €94,220 | +€55,794 | +145.2% |
| Financial income | 75/76B | €3 | €432 | +€429 | +14300.0% |
| Recurring financial income | 75 | €3 | €432 | +€429 | +14300.0% |
| Financial charges | 65/66B | €8,656 | €11,016 | +€2,361 | +27.3% |
| Recurring financial charges | 65 | €8,656 | €11,016 | +€2,361 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €29,774 | €83,636 | +€53,862 | +180.9% |
| Income taxes | 67/77 | €6,034 | €18,226 | +€12,192 | +202.0% |
| Profit (loss) for the period | 9904 | €23,740 | €65,411 | +€41,671 | +175.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,740 | €65,411 | +€41,671 | +175.5% |
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 7 October 2026 via checked.be.