SPIKESOFT: 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.
SPIKESOFT
Largest movements
- Tangible fixed assets +€798,405
up €798,405 (+107.1%), from €745,760 to €1.5m
of which Land and buildings: +€819,175
- Cash +€27,055
up €27,055 (+103.7%), from €26,095 to €53,150
mainly Debts after one year (+€751,562) and Depreciation (+€44,937)
- Receivables within one year -€21,468
down €21,468 (-60.7%), from €35,348 to €13,880
of which Trade receivables: -€26,227
- Debts after one year +€751,562
up €751,562 (+559.8%), from €134,249 to €885,811
- Current portion of long-term debt +€27,843
up €27,843 (+306.5%), from €9,084 to €36,927
- Other debts +€27,222
up €27,222 (+97.6%), from €27,898 to €55,120
- Gross operating margin -€16,021
down €16,021 (-17.6%), from €91,052 to €75,031
- Taxes -€10,737
down €10,737 (-100.0%), from €10,737 to €0
- Depreciation +€6,858
up €6,858 (+18.0%), from €38,079 to €44,937
- Financial charges +€4,923
up €4,923 (+44.4%), from €11,092 to €16,015
- Other operating charges +€2,583
up €2,583 (+62.6%), from €4,125 to €6,708
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 | €827,306 | €1,631,311 | +€804,005 | +97.2% |
| Fixed assets | 21/28 | €745,760 | €1,544,165 | +€798,405 | +107.1% |
| Tangible fixed assets | 22/27 | €745,760 | €1,544,165 | +€798,405 | +107.1% |
| Land and buildings | 22 | €723,447 | €1,542,622 | +€819,175 | +113.2% |
| Plant, machinery and equipment | 23 | €202 | €0 | -€202 | -100.0% |
| Furniture and vehicles | 24 | €22,111 | €1,543 | -€20,568 | -93.0% |
| Current assets | 29/58 | €81,545 | €87,146 | +€5,601 | +6.9% |
| Amounts receivable within one year | 40/41 | €35,348 | €13,880 | -€21,468 | -60.7% |
| Trade receivables | 40 | €34,077 | €7,850 | -€26,227 | -77.0% |
| Other amounts receivable | 41 | €1,271 | €6,030 | +€4,759 | +374.5% |
| Current investments | 50/53 | €19,370 | €19,370 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €26,095 | €53,150 | +€27,055 | +103.7% |
| Deferred charges and accrued income | 490/1 | €733 | €746 | +€14 | +1.8% |
| Total equity and liabilities | 10/49 | €827,306 | €1,631,311 | +€804,005 | +97.2% |
| Equity | 10/15 | €639,272 | €642,707 | +€3,435 | +0.5% |
| Contributions | 10/11 | €518,600 | €518,600 | = | 0.0% |
| Reserves | 13 | €120,672 | €124,107 | +€3,435 | +2.8% |
| Distributable reserves | 133 | €120,672 | €124,107 | +€3,435 | +2.8% |
| Amounts payable | 17/49 | €188,034 | €988,604 | +€800,570 | +425.8% |
| Amounts payable after more than one year | 17 | €134,249 | €885,811 | +€751,562 | +559.8% |
| Financial debts | 170/4 | €134,249 | €885,811 | +€751,562 | +559.8% |
| Amounts payable within one year | 42/48 | €53,785 | €99,694 | +€45,909 | +85.4% |
| Current portion of amounts payable after more than one year | 42 | €9,084 | €36,927 | +€27,843 | +306.5% |
| Trade debts | 44 | €6,184 | €4,762 | -€1,422 | -23.0% |
| Suppliers | 440/4 | €6,184 | €4,762 | -€1,422 | -23.0% |
| Taxes, remuneration and social security | 45 | €10,619 | €2,885 | -€7,734 | -72.8% |
| Taxes | 450/3 | €10,619 | €2,885 | -€7,734 | -72.8% |
| Other amounts payable | 47/48 | €27,898 | €55,120 | +€27,222 | +97.6% |
| Accrued charges and deferred income | 492/3 | - | €3,099 | +€3,099 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,079 | €44,937 | +€6,858 | +18.0% |
| Other operating charges | 640/8 | €4,125 | €6,708 | +€2,583 | +62.6% |
| Non-recurring operating charges | 66A | - | €4,035 | +€4,035 | |
| Gross operating margin | 9900 | €91,052 | €75,031 | -€16,021 | -17.6% |
| Operating profit (loss) | 9901 | €48,848 | €19,351 | -€29,497 | -60.4% |
| Financial income | 75/76B | €27 | €99 | +€72 | +264.2% |
| Recurring financial income | 75 | €27 | €99 | +€72 | +264.2% |
| Financial charges | 65/66B | €11,092 | €16,015 | +€4,923 | +44.4% |
| Recurring financial charges | 65 | €11,092 | €16,015 | +€4,923 | +44.4% |
| Profit (loss) for the period before taxes | 9903 | €37,783 | €3,435 | -€34,348 | -90.9% |
| Income taxes | 67/77 | €10,737 | €0 | -€10,737 | -100.0% |
| Profit (loss) for the period | 9904 | €27,046 | €3,435 | -€23,611 | -87.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,046 | €3,435 | -€23,611 | -87.3% |
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 10 October 2026 via checked.be.