SPIK & SPAN: what changed
SPIK & SPAN
Largest movements
- Receivables within one year -€12,355
down €12,355 (-34.7%), from €35,650 to €23,295
of which Trade receivables: -€8,148
- Cash -€5,743
down €5,743 (-70.6%), from €8,136 to €2,393
mainly Trade debts (-€19,150) and Net result for the year (-€2,951)
- Receivables after one year -€3,500
down €3,500 (-21.9%), from €16,000 to €12,500
- Tangible fixed assets -€1,110
down €1,110 (-42.9%), from €2,591 to €1,481
- Trade debts -€19,150
down €19,150 (-100%), from €19,150 to €0
- Profit (loss) carried forward -€2,951
down €2,951 (-32.0%), from -€9,232 to -€12,183
- Tax, wage and social debts -€1,111
down €1,111 (-92.6%), from €1,200 to €89
of which Remuneration and social security: -€1,200
- Gross operating margin +€5,978
up €5,978, from -€5,978 to €0
- Financial charges -€549
down €549 (-26.9%), from €2,040 to €1,491
- Depreciation +€370
up €370 (+29.8%), from €1,240 to €1,611
- Financial income +€106
up €106 (+13.4%), from €791 to €897
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,948 | €55,348 | -€22,600 | -29.0% |
| Fixed assets | 21/28 | €6,882 | €5,272 | -€1,611 | -23.4% |
| Intangible fixed assets | 21 | €4,291 | €3,791 | -€500 | -11.7% |
| Tangible fixed assets | 22/27 | €2,591 | €1,481 | -€1,110 | -42.9% |
| Furniture and vehicles | 24 | €2,591 | €1,481 | -€1,110 | -42.9% |
| Current assets | 29/58 | €71,066 | €50,076 | -€20,990 | -29.5% |
| Amounts receivable after more than one year | 29 | €16,000 | €12,500 | -€3,500 | -21.9% |
| Other amounts receivable | 291 | €16,000 | €12,500 | -€3,500 | -21.9% |
| Stocks and contracts in progress | 3 | €10,000 | €10,000 | = | 0.0% |
| Contracts in progress | 37 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,650 | €23,295 | -€12,355 | -34.7% |
| Trade receivables | 40 | €29,498 | €21,350 | -€8,148 | -27.6% |
| Other amounts receivable | 41 | €6,152 | €1,944 | -€4,207 | -68.4% |
| Cash at bank and in hand | 54/58 | €8,136 | €2,393 | -€5,743 | -70.6% |
| Deferred charges and accrued income | 490/1 | €1,280 | €1,888 | +€608 | +47.5% |
| Total equity and liabilities | 10/49 | €77,948 | €55,348 | -€22,600 | -29.0% |
| Equity | 10/15 | €5,935 | €2,984 | -€2,951 | -49.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,167 | €12,167 | = | 0.0% |
| Distributable reserves | 133 | €12,167 | €12,167 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,232 | -€12,183 | -€2,951 | -32.0% |
| Amounts payable | 17/49 | €72,013 | €52,364 | -€19,649 | -27.3% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,575 | €1,926 | -€19,649 | -91.1% |
| Trade debts | 44 | €19,150 | €0 | -€19,150 | -100% |
| Suppliers | 440/4 | €19,150 | €0 | -€19,150 | -100% |
| Taxes, remuneration and social security | 45 | €1,200 | €89 | -€1,111 | -92.6% |
| Taxes | 450/3 | €0 | €89 | +€89 | |
| Remuneration and social security | 454/9 | €1,200 | €0 | -€1,200 | -100% |
| Other amounts payable | 47/48 | €1,225 | €1,838 | +€613 | +50.0% |
| Accrued charges and deferred income | 492/3 | €438 | €438 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,240 | €1,611 | +€370 | +29.8% |
| Other operating charges | 640/8 | €765 | €747 | -€18 | -2.4% |
| Gross operating margin | 9900 | -€5,978 | €0 | +€5,978 | |
| Operating profit (loss) | 9901 | -€7,983 | -€2,357 | +€5,626 | +70.5% |
| Financial income | 75/76B | €791 | €897 | +€106 | +13.4% |
| Recurring financial income | 75 | €791 | €897 | +€106 | +13.4% |
| Financial charges | 65/66B | €2,040 | €1,491 | -€549 | -26.9% |
| Recurring financial charges | 65 | €2,040 | €1,491 | -€549 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,232 | -€2,951 | +€6,281 | +68.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€9,232 | -€2,951 | +€6,281 | +68.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,232 | -€2,951 | +€6,281 | +68.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.