SPINCITY: 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.
SPINCITY
Largest movements
- Tangible fixed assets +€73,248
up €73,248 (+1116.6%), from €6,560 to €79,808
of which Furniture and vehicles: +€69,088
- Receivables within one year +€46,814
up €46,814 (+160.5%), from €29,161 to €75,975
- Cash -€3,950
down €3,950 (-92.8%), from €4,256 to €306
mainly Investment in fixed assets (net) (-€92,810) and Receivables within one year (-€46,814)
- Profit (loss) carried forward +€73,007
up €73,007 (+54.0%), from -€135,251 to -€62,244
- Other debts +€59,565
up €59,565 (+65.6%), from €90,840 to €150,405
- Trade debts -€15,526
down €15,526 (-21.9%), from €70,903 to €55,377
- Gross operating margin +€43,544
up €43,544 (+38.4%), from €113,508 to €157,052
- Depreciation +€19,562
new in 2025: €19,562
- Staff costs +€10,654
up €10,654 (+20.6%), from €51,593 to €62,247
- Financial charges +€1,700
up €1,700 (+317.2%), from €536 to €2,236
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 | €69,844 | €185,089 | +€115,245 | +165.0% |
| Fixed assets | 21/28 | €35,560 | €108,808 | +€73,248 | +206.0% |
| Tangible fixed assets | 22/27 | €6,560 | €79,808 | +€73,248 | +1116.6% |
| Plant, machinery and equipment | 23 | - | €1,352 | +€1,352 | |
| Furniture and vehicles | 24 | €6,560 | €75,648 | +€69,088 | +1053.2% |
| Other tangible fixed assets | 26 | - | €2,808 | +€2,808 | |
| Financial fixed assets | 28 | €29,000 | €29,000 | = | 0.0% |
| Current assets | 29/58 | €34,284 | €76,281 | +€41,997 | +122.5% |
| Amounts receivable within one year | 40/41 | €29,161 | €75,975 | +€46,814 | +160.5% |
| Trade receivables | 40 | €29,161 | €75,975 | +€46,814 | +160.5% |
| Cash at bank and in hand | 54/58 | €4,256 | €306 | -€3,950 | -92.8% |
| Deferred charges and accrued income | 490/1 | €867 | - | -€867 | |
| Total equity and liabilities | 10/49 | €69,844 | €185,089 | +€115,245 | +165.0% |
| Equity | 10/15 | -€110,251 | -€37,244 | +€73,007 | +66.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€135,251 | -€62,244 | +€73,007 | +54.0% |
| Amounts payable | 17/49 | €180,095 | €222,333 | +€42,238 | +23.5% |
| Amounts payable within one year | 42/48 | €180,095 | €222,333 | +€42,238 | +23.5% |
| Trade debts | 44 | €70,903 | €55,377 | -€15,526 | -21.9% |
| Suppliers | 440/4 | €70,903 | €55,377 | -€15,526 | -21.9% |
| Taxes, remuneration and social security | 45 | €18,352 | €16,552 | -€1,800 | -9.8% |
| Taxes | 450/3 | €18,352 | €16,552 | -€1,800 | -9.8% |
| Other amounts payable | 47/48 | €90,840 | €150,405 | +€59,565 | +65.6% |
| Remuneration, social security and pensions | 62 | €51,593 | €62,247 | +€10,654 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €19,562 | +€19,562 | |
| Gross operating margin | 9900 | €113,508 | €157,052 | +€43,544 | +38.4% |
| Operating profit (loss) | 9901 | €61,915 | €75,243 | +€13,328 | +21.5% |
| Financial income | 75/76B | €2 | €0 | -€2 | -98.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -98.0% |
| Financial charges | 65/66B | €536 | €2,236 | +€1,700 | +317.2% |
| Recurring financial charges | 65 | €536 | €2,236 | +€1,700 | +317.2% |
| Profit (loss) for the period before taxes | 9903 | €61,381 | €73,007 | +€11,626 | +18.9% |
| Profit (loss) for the period | 9904 | €61,381 | €73,007 | +€11,626 | +18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €61,381 | €73,007 | +€11,626 | +18.9% |
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.