SPIRALIS: 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.
SPIRALIS
Largest movements
- Cash -€22,704
down €22,704 (-66.1%), from €34,366 to €11,662
mainly Contributions, distributions and other (-€23,800) and Other debts (-€15,470)
- Receivables within one year +€2,864
up €2,864 (+29.2%), from €9,794 to €12,658
of which Other amounts receivable: +€3,704
- Tangible fixed assets -€527
down €527 (-31.8%), from €1,658 to €1,131
- Other debts -€15,470
down €15,470 (-43.1%), from €35,881 to €20,411
- Tax, wage and social debts -€5,100
down €5,100 (-56.2%), from €9,079 to €3,979
of which Taxes: -€2,730
- Gross operating margin -€22,189
down €22,189 (-41.9%), from €53,016 to €30,827
- Taxes -€4,459
down €4,459 (-42.8%), from €10,409 to €5,950
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 | €45,860 | €25,493 | -€20,367 | -44.4% |
| Fixed assets | 21/28 | €1,699 | €1,173 | -€527 | -31.0% |
| Tangible fixed assets | 22/27 | €1,658 | €1,131 | -€527 | -31.8% |
| Plant, machinery and equipment | 23 | €1,658 | €1,131 | -€527 | -31.8% |
| Financial fixed assets | 28 | €41 | €41 | = | 0.0% |
| Current assets | 29/58 | €44,160 | €24,320 | -€19,840 | -44.9% |
| Amounts receivable within one year | 40/41 | €9,794 | €12,658 | +€2,864 | +29.2% |
| Trade receivables | 40 | €9,240 | €8,400 | -€840 | -9.1% |
| Other amounts receivable | 41 | €554 | €4,258 | +€3,704 | +668% |
| Cash at bank and in hand | 54/58 | €34,366 | €11,662 | -€22,704 | -66.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €45,860 | €25,493 | -€20,367 | -44.4% |
| Equity | 10/15 | €179 | €180 | +€1 | +0.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €178 | €179 | +€1 | +0.4% |
| Amounts payable | 17/49 | €45,681 | €25,313 | -€20,368 | -44.6% |
| Amounts payable within one year | 42/48 | €45,643 | €25,313 | -€20,330 | -44.5% |
| Trade debts | 44 | €683 | €922 | +€240 | +35.1% |
| Suppliers | 440/4 | €683 | €922 | +€240 | +35.1% |
| Taxes, remuneration and social security | 45 | €9,079 | €3,979 | -€5,100 | -56.2% |
| Taxes | 450/3 | €6,709 | €3,979 | -€2,730 | -40.7% |
| Remuneration and social security | 454/9 | €2,370 | €0 | -€2,370 | -100% |
| Other amounts payable | 47/48 | €35,881 | €20,411 | -€15,470 | -43.1% |
| Accrued charges and deferred income | 492/3 | €38 | €0 | -€38 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €449 | €527 | +€78 | +17.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €53,016 | €30,827 | -€22,189 | -41.9% |
| Operating profit (loss) | 9901 | €52,180 | €29,901 | -€22,279 | -42.7% |
| Financial charges | 65/66B | €155 | €150 | -€5 | -3.2% |
| Recurring financial charges | 65 | €155 | €150 | -€5 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €52,025 | €29,751 | -€22,274 | -42.8% |
| Income taxes | 67/77 | €10,409 | €5,950 | -€4,459 | -42.8% |
| Profit (loss) for the period | 9904 | €41,616 | €23,801 | -€17,815 | -42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,616 | €23,801 | -€17,815 | -42.8% |
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 27 October 2026 via checked.be.