SpikeUp: 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.
SpikeUp
Largest movements
- Cash -€16,215
down €16,215 (-39.5%), from €41,003 to €24,788
mainly Contributions, distributions and other (-€20,000) and Other debts (-€15,415)
- Receivables within one year +€15,104
up €15,104 (+148.3%), from €10,188 to €25,292
of which Trade receivables: +€16,970
- Deferred charges and accrued income -€3,255
down €3,255 (-48.0%), from €6,786 to €3,531
- Tangible fixed assets +€849
up €849 (+285.9%), from €297 to €1,146
- Other debts -€15,415
down €15,415 (-86.7%), from €17,786 to €2,371
- Trade debts +€14,237
up €14,237 (+944.1%), from €1,508 to €15,745
- Tax, wage and social debts -€2,046
down €2,046 (-35.6%), from €5,752 to €3,706
of which Taxes: -€1,769
- Gross operating margin -€565
down €565 (-2.0%), from €27,689 to €27,124
- Taxes -€378
down €378 (-5.7%), from €6,609 to €6,231
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 | €61,774 | €58,257 | -€3,517 | -5.7% |
| Fixed assets | 21/28 | €3,797 | €4,646 | +€849 | +22.4% |
| Tangible fixed assets | 22/27 | €297 | €1,146 | +€849 | +285.9% |
| Furniture and vehicles | 24 | €297 | €1,146 | +€849 | +285.9% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €57,977 | €53,611 | -€4,366 | -7.5% |
| Amounts receivable within one year | 40/41 | €10,188 | €25,292 | +€15,104 | +148.3% |
| Trade receivables | 40 | €5,890 | €22,860 | +€16,970 | +288.1% |
| Other amounts receivable | 41 | €4,298 | €2,432 | -€1,866 | -43.4% |
| Cash at bank and in hand | 54/58 | €41,003 | €24,788 | -€16,215 | -39.5% |
| Deferred charges and accrued income | 490/1 | €6,786 | €3,531 | -€3,255 | -48.0% |
| Total equity and liabilities | 10/49 | €61,774 | €58,257 | -€3,517 | -5.7% |
| Equity | 10/15 | €36,724 | €36,435 | -€289 | -0.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €34,724 | €34,435 | -€289 | -0.8% |
| Distributable reserves | 133 | €34,724 | €34,435 | -€289 | -0.8% |
| Amounts payable | 17/49 | €25,050 | €21,822 | -€3,228 | -12.9% |
| Amounts payable within one year | 42/48 | €25,046 | €21,822 | -€3,224 | -12.9% |
| Trade debts | 44 | €1,508 | €15,745 | +€14,237 | +944.1% |
| Suppliers | 440/4 | €1,508 | €15,745 | +€14,237 | +944.1% |
| Taxes, remuneration and social security | 45 | €5,752 | €3,706 | -€2,046 | -35.6% |
| Taxes | 450/3 | €2,361 | €592 | -€1,769 | -74.9% |
| Remuneration and social security | 454/9 | €3,391 | €3,114 | -€277 | -8.2% |
| Other amounts payable | 47/48 | €17,786 | €2,371 | -€15,415 | -86.7% |
| Accrued charges and deferred income | 492/3 | €4 | - | -€4 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €632 | €450 | -€182 | -28.8% |
| Other operating charges | 640/8 | €485 | €500 | +€15 | +3.1% |
| Gross operating margin | 9900 | €27,689 | €27,124 | -€565 | -2.0% |
| Operating profit (loss) | 9901 | €26,572 | €26,174 | -€398 | -1.5% |
| Financial income | 75/76B | €55 | €19 | -€36 | -65.5% |
| Recurring financial income | 75 | €55 | €19 | -€36 | -65.5% |
| Financial charges | 65/66B | €160 | €251 | +€91 | +56.9% |
| Recurring financial charges | 65 | €160 | €251 | +€91 | +56.9% |
| Profit (loss) for the period before taxes | 9903 | €26,467 | €25,942 | -€525 | -2.0% |
| Income taxes | 67/77 | €6,609 | €6,231 | -€378 | -5.7% |
| Profit (loss) for the period | 9904 | €19,858 | €19,711 | -€147 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,858 | €19,711 | -€147 | -0.7% |
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 9 October 2026 via checked.be.