SPINNEWEB: 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.
SPINNEWEB
Largest movements
- Cash -€426,498
down €426,498 (-78.3%), from €544,667 to €118,169
mainly Other debts (-€600,000) and Receivables within one year (-€31,339)
- Other debts -€600,000
down €600,000 (-70.9%), from €846,365 to €246,365
- Reserves +€181,246
up €181,246 (+14.7%), from €1.2m to €1.4m
- Gross operating margin +€79,175
up €79,175 (+47.5%), from €166,654 to €245,830
- Financial charges -€34,162
down €34,162 (-99.5%), from €34,342 to €180
- Taxes +€30,533
up €30,533 (+93.2%), from €32,744 to €63,277
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 | €3,244,046 | €2,848,887 | -€395,159 | -12.2% |
| Fixed assets | 21/28 | €2,621,720 | €2,621,720 | = | 0.0% |
| Financial fixed assets | 28 | €2,621,720 | €2,621,720 | = | 0.0% |
| Current assets | 29/58 | €622,326 | €227,166 | -€395,159 | -63.5% |
| Amounts receivable within one year | 40/41 | €77,659 | €108,998 | +€31,339 | +40.4% |
| Trade receivables | 40 | €33,333 | €33,333 | = | 0.0% |
| Other amounts receivable | 41 | €44,326 | €75,664 | +€31,339 | +70.7% |
| Cash at bank and in hand | 54/58 | €544,667 | €118,169 | -€426,498 | -78.3% |
| Total equity and liabilities | 10/49 | €3,244,046 | €2,848,887 | -€395,159 | -12.2% |
| Equity | 10/15 | €2,322,470 | €2,503,716 | +€181,246 | +7.8% |
| Contributions | 10/11 | €1,090,000 | €1,090,000 | = | 0.0% |
| Reserves | 13 | €1,232,470 | €1,413,716 | +€181,246 | +14.7% |
| Distributable reserves | 133 | €1,232,470 | €1,413,716 | +€181,246 | +14.7% |
| Amounts payable | 17/49 | €921,576 | €345,170 | -€576,405 | -62.5% |
| Amounts payable within one year | 42/48 | €920,425 | €344,020 | -€576,405 | -62.6% |
| Trade debts | 44 | €74,060 | €67,378 | -€6,682 | -9.0% |
| Suppliers | 440/4 | €74,060 | €67,378 | -€6,682 | -9.0% |
| Taxes, remuneration and social security | 45 | - | €30,277 | +€30,277 | |
| Taxes | 450/3 | - | €30,277 | +€30,277 | |
| Other amounts payable | 47/48 | €846,365 | €246,365 | -€600,000 | -70.9% |
| Accrued charges and deferred income | 492/3 | €1,151 | €1,151 | = | 0.0% |
| Other operating charges | 640/8 | €1,561 | €1,126 | -€434 | -27.8% |
| Gross operating margin | 9900 | €166,654 | €245,830 | +€79,175 | +47.5% |
| Operating profit (loss) | 9901 | €165,094 | €244,703 | +€79,609 | +48.2% |
| Financial income | 75/76B | €21 | - | -€21 | |
| Recurring financial income | 75 | €21 | - | -€21 | |
| Financial charges | 65/66B | €34,342 | €180 | -€34,162 | -99.5% |
| Recurring financial charges | 65 | €34,342 | €180 | -€34,162 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | €130,772 | €244,523 | +€113,751 | +87.0% |
| Income taxes | 67/77 | €32,744 | €63,277 | +€30,533 | +93.2% |
| Profit (loss) for the period | 9904 | €98,028 | €181,246 | +€83,218 | +84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €98,028 | €181,246 | +€83,218 | +84.9% |
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 12 October 2026 via checked.be.