Spine and Brain Solution: 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.
Spine and Brain Solution
Largest movements
- Receivables within one year +€175,954
up €175,954 (+24.6%), from €715,529 to €891,483
- Intangible fixed assets -€30,500
down €30,500 (-100.0%), from €30,500 to €0
- Reserves +€152,800
up €152,800 (+35.4%), from €432,104 to €584,903
- Tax, wage and social debts -€39,028
down €39,028 (-77.7%), from €50,251 to €11,223
- Trade debts +€26,154
up €26,154 (+12.4%), from €210,429 to €236,582
- Gross operating margin -€35,210
down €35,210 (-13.7%), from €257,849 to €222,639
- Depreciation -€31,042
down €31,042 (-44.9%), from €69,062 to €38,020
- Other operating charges -€3,454
down €3,454 (-77.5%), from €4,456 to €1,002
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 | €779,950 | €919,403 | +€139,453 | +17.9% |
| Fixed assets | 21/28 | €57,310 | €19,290 | -€38,020 | -66.3% |
| Intangible fixed assets | 21 | €30,500 | €0 | -€30,500 | -100.0% |
| Tangible fixed assets | 22/27 | €26,810 | €19,290 | -€7,520 | -28.0% |
| Furniture and vehicles | 24 | €26,810 | €19,290 | -€7,520 | -28.0% |
| Current assets | 29/58 | €722,640 | €900,113 | +€177,473 | +24.6% |
| Amounts receivable within one year | 40/41 | €715,529 | €891,483 | +€175,954 | +24.6% |
| Other amounts receivable | 41 | €715,529 | €891,483 | +€175,954 | +24.6% |
| Cash at bank and in hand | 54/58 | €5,489 | €6,983 | +€1,495 | +27.2% |
| Deferred charges and accrued income | 490/1 | €1,622 | €1,647 | +€25 | +1.5% |
| Total equity and liabilities | 10/49 | €779,950 | €919,403 | +€139,453 | +17.9% |
| Equity | 10/15 | €450,704 | €603,503 | +€152,800 | +33.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €432,104 | €584,903 | +€152,800 | +35.4% |
| Distributable reserves | 133 | €432,104 | €584,903 | +€152,800 | +35.4% |
| Amounts payable | 17/49 | €329,246 | €315,900 | -€13,346 | -4.1% |
| Amounts payable within one year | 42/48 | €329,246 | €315,900 | -€13,346 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €53,138 | €52,667 | -€471 | -0.9% |
| Trade debts | 44 | €210,429 | €236,582 | +€26,154 | +12.4% |
| Suppliers | 440/4 | €210,429 | €236,582 | +€26,154 | +12.4% |
| Taxes, remuneration and social security | 45 | €50,251 | €11,223 | -€39,028 | -77.7% |
| Taxes | 450/3 | €50,251 | €11,223 | -€39,028 | -77.7% |
| Other amounts payable | 47/48 | €15,428 | €15,428 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,062 | €38,020 | -€31,042 | -44.9% |
| Other operating charges | 640/8 | €4,456 | €1,002 | -€3,454 | -77.5% |
| Gross operating margin | 9900 | €257,849 | €222,639 | -€35,210 | -13.7% |
| Operating profit (loss) | 9901 | €184,331 | €183,617 | -€714 | -0.4% |
| Financial income | 75/76B | €26,103 | €27,370 | +€1,267 | +4.9% |
| Recurring financial income | 75 | €26,103 | €27,370 | +€1,267 | +4.9% |
| Financial charges | 65/66B | €4,139 | €3,310 | -€830 | -20.0% |
| Recurring financial charges | 65 | €4,139 | €3,310 | -€830 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €206,295 | €207,677 | +€1,382 | +0.7% |
| Income taxes | 67/77 | €57,224 | €54,878 | -€2,347 | -4.1% |
| Profit (loss) for the period | 9904 | €149,071 | €152,800 | +€3,729 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €149,071 | €152,800 | +€3,729 | +2.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.