SpineVista: 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.
SpineVista
Largest movements
- Current investments +€130,000
new in 2025: €130,000
- Cash -€62,417
down €62,417 (-59.9%), from €104,153 to €41,736
mainly Current investments (-€130,000) and Receivables within one year (-€8,763)
- Receivables within one year +€8,763
up €8,763 (+12.9%), from €67,985 to €76,748
of which Other amounts receivable: +€4,881
- Reserves +€72,551
up €72,551 (+53.7%), from €135,139 to €207,690
- Tax, wage and social debts +€4,392
up €4,392 (+12.8%), from €34,348 to €38,739
- Gross operating margin -€6,534
down €6,534 (-6.8%), from €96,175 to €89,641
- Financial income +€2,038
up €2,038 (+117%), from €1,745 to €3,784
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 | €172,138 | €248,934 | +€76,795 | +44.6% |
| Fixed assets | 21/28 | - | €450 | +€450 | |
| Financial fixed assets | 28 | - | €450 | +€450 | |
| Current assets | 29/58 | €172,138 | €248,484 | +€76,345 | +44.4% |
| Amounts receivable within one year | 40/41 | €67,985 | €76,748 | +€8,763 | +12.9% |
| Trade receivables | 40 | €9,364 | €13,245 | +€3,882 | +41.5% |
| Other amounts receivable | 41 | €58,622 | €63,503 | +€4,881 | +8.3% |
| Current investments | 50/53 | - | €130,000 | +€130,000 | |
| Cash at bank and in hand | 54/58 | €104,153 | €41,736 | -€62,417 | -59.9% |
| Total equity and liabilities | 10/49 | €172,138 | €248,934 | +€76,795 | +44.6% |
| Equity | 10/15 | €137,639 | €210,190 | +€72,551 | +52.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €135,139 | €207,690 | +€72,551 | +53.7% |
| Distributable reserves | 133 | €135,139 | €207,690 | +€72,551 | +53.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €34,500 | €38,744 | +€4,244 | +12.3% |
| Amounts payable within one year | 42/48 | €34,500 | €38,744 | +€4,244 | +12.3% |
| Trade debts | 44 | €152 | €5 | -€147 | -96.9% |
| Suppliers | 440/4 | €152 | €5 | -€147 | -96.9% |
| Taxes, remuneration and social security | 45 | €34,348 | €38,739 | +€4,392 | +12.8% |
| Taxes | 450/3 | €34,348 | €38,739 | +€4,392 | +12.8% |
| Other operating charges | 640/8 | €924 | €813 | -€112 | -12.1% |
| Gross operating margin | 9900 | €96,175 | €89,641 | -€6,534 | -6.8% |
| Operating profit (loss) | 9901 | €95,251 | €88,829 | -€6,422 | -6.7% |
| Financial income | 75/76B | €1,745 | €3,784 | +€2,038 | +117% |
| Recurring financial income | 75 | €1,745 | €3,784 | +€2,038 | +117% |
| Financial charges | 65/66B | €62 | €146 | +€84 | +137% |
| Recurring financial charges | 65 | €62 | €146 | +€84 | +137% |
| Profit (loss) for the period before taxes | 9903 | €96,935 | €92,467 | -€4,468 | -4.6% |
| Income taxes | 67/77 | €19,693 | €19,082 | -€610 | -3.1% |
| Profit (loss) for the period | 9904 | €77,242 | €73,384 | -€3,858 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,242 | €73,384 | -€3,858 | -5.0% |
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 25 October 2026 via checked.be.