SPILASO: 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.
SPILASO
Largest movements
- Receivables after one year -€99,022
no longer reported in 2025 (was €99,022)
- Cash +€39,617
up €39,617 (+18.6%), from €212,768 to €252,384
mainly Other debts (+€133,366) and Net result for the year (+€117,208)
- Deferred charges and accrued income +€10,376
up €10,376 (+55.8%), from €18,600 to €28,976
- Profit (loss) carried forward -€182,792
down €182,792 (-63.1%), from €289,460 to €106,668
- Other debts +€133,366
new in 2025: €133,366
- Gross operating margin -€3,217
down €3,217 (-2.1%), from €155,497 to €152,279
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 | €330,390 | €282,164 | -€48,226 | -14.6% |
| Current assets | 29/58 | €330,390 | €282,164 | -€48,226 | -14.6% |
| Amounts receivable after more than one year | 29 | €99,022 | - | -€99,022 | |
| Other amounts receivable | 291 | €99,022 | - | -€99,022 | |
| Amounts receivable within one year | 40/41 | - | €804 | +€804 | |
| Other amounts receivable | 41 | - | €804 | +€804 | |
| Cash at bank and in hand | 54/58 | €212,768 | €252,384 | +€39,617 | +18.6% |
| Deferred charges and accrued income | 490/1 | €18,600 | €28,976 | +€10,376 | +55.8% |
| Total equity and liabilities | 10/49 | €330,390 | €282,164 | -€48,226 | -14.6% |
| Equity | 10/15 | €292,460 | €109,668 | -€182,792 | -62.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €289,460 | €106,668 | -€182,792 | -63.1% |
| Amounts payable | 17/49 | €37,930 | €172,496 | +€134,566 | +354.8% |
| Amounts payable within one year | 42/48 | €37,930 | €172,496 | +€134,566 | +354.8% |
| Trade debts | 44 | - | €1,200 | +€1,200 | |
| Suppliers | 440/4 | - | €1,200 | +€1,200 | |
| Taxes, remuneration and social security | 45 | €37,930 | €37,930 | = | 0.0% |
| Taxes | 450/3 | €37,930 | €37,930 | = | 0.0% |
| Other amounts payable | 47/48 | - | €133,366 | +€133,366 | |
| Other operating charges | 640/8 | €832 | €751 | -€81 | -9.7% |
| Gross operating margin | 9900 | €155,497 | €152,279 | -€3,217 | -2.1% |
| Operating profit (loss) | 9901 | €154,665 | €151,528 | -€3,137 | -2.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €117 | €125 | +€7 | +6.2% |
| Recurring financial charges | 65 | €117 | €125 | +€7 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €154,547 | €151,404 | -€3,143 | -2.0% |
| Income taxes | 67/77 | €34,930 | €34,196 | -€735 | -2.1% |
| Profit (loss) for the period | 9904 | €119,617 | €117,208 | -€2,409 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €119,617 | €117,208 | -€2,409 | -2.0% |
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 5 October 2026 via checked.be.