SPIKE-IMPACT: 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.
SPIKE-IMPACT
Largest movements
- Cash +€80,747
up €80,747 (+39.5%), from €204,279 to €285,026
mainly Other debts (+€241,220) and Net result for the year (+€81,595)
- Receivables within one year -€13,721
down €13,721 (-43.3%), from €31,664 to €17,942
of which Trade receivables: -€13,721
- Other debts +€241,220
up €241,220 (+11,088%), from €2,176 to €243,396
- Profit (loss) carried forward -€204,753
no longer reported in 2025 (was €204,753)
- Tax, wage and social debts +€34,872
up €34,872 (+141%), from €24,697 to €59,569
of which Taxes: +€44,072
- Gross operating margin +€16,127
up €16,127 (+16.6%), from €97,234 to €113,361
- Taxes +€12,427
up €12,427 (+77.3%), from €16,077 to €28,503
- Financial charges +€2,209
up €2,209 (+1,607%), from €137 to €2,347
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 | €236,336 | €306,164 | +€69,828 | +29.5% |
| Current assets | 29/58 | €236,336 | €306,164 | +€69,828 | +29.5% |
| Amounts receivable after more than one year | 29 | - | €1,965 | +€1,965 | |
| Other amounts receivable | 291 | - | €1,965 | +€1,965 | |
| Amounts receivable within one year | 40/41 | €31,664 | €17,942 | -€13,721 | -43.3% |
| Trade receivables | 40 | €28,314 | €14,593 | -€13,721 | -48.5% |
| Other amounts receivable | 41 | €3,350 | €3,350 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €204,279 | €285,026 | +€80,747 | +39.5% |
| Deferred charges and accrued income | 490/1 | €393 | €1,231 | +€838 | +213% |
| Total equity and liabilities | 10/49 | €236,336 | €306,164 | +€69,828 | +29.5% |
| Equity | 10/15 | €207,753 | €3,000 | -€204,753 | -98.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | - | -€3,000 | |
| Issued capital | 100 | €3,000 | - | -€3,000 | |
| Profit (loss) carried forward | 14 | €204,753 | - | -€204,753 | |
| Amounts payable | 17/49 | €28,583 | €303,164 | +€274,581 | +961% |
| Amounts payable within one year | 42/48 | €28,583 | €303,164 | +€274,581 | +961% |
| Trade debts | 44 | €1,710 | €199 | -€1,511 | -88.4% |
| Suppliers | 440/4 | €1,710 | €199 | -€1,511 | -88.4% |
| Taxes, remuneration and social security | 45 | €24,697 | €59,569 | +€34,872 | +141% |
| Taxes | 450/3 | €15,497 | €59,569 | +€44,072 | +284% |
| Remuneration and social security | 454/9 | €9,200 | - | -€9,200 | |
| Other amounts payable | 47/48 | €2,176 | €243,396 | +€241,220 | +11,088% |
| Other operating charges | 640/8 | €57 | €981 | +€924 | +1,618% |
| Gross operating margin | 9900 | €97,234 | €113,361 | +€16,127 | +16.6% |
| Operating profit (loss) | 9901 | €97,177 | €112,380 | +€15,203 | +15.6% |
| Financial income | 75/76B | - | €65 | +€65 | |
| Recurring financial income | 75 | - | €65 | +€65 | |
| Financial charges | 65/66B | €137 | €2,347 | +€2,209 | +1,607% |
| Recurring financial charges | 65 | €137 | €2,347 | +€2,209 | +1,607% |
| Profit (loss) for the period before taxes | 9903 | €97,039 | €110,098 | +€13,059 | +13.5% |
| Income taxes | 67/77 | €16,077 | €28,503 | +€12,427 | +77.3% |
| Profit (loss) for the period | 9904 | €80,963 | €81,595 | +€632 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €80,963 | €81,595 | +€632 | +0.8% |
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 30 October 2026 via checked.be.