SPIRO173: 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.
SPIRO173
Largest movements
- Cash +€2,174
up €2,174 (+150.2%), from €1,448 to €3,621
mainly Receivables within one year (+€702) and Trade debts (+€701)
- Receivables within one year -€702
down €702 (-100.0%), from €702 to €0
- Formation expenses -€427
down €427 (-100.0%), from €427 to €0
- Trade debts +€701
new in 2025: €701
- Profit (loss) carried forward +€464
up €464 (+0.3%), from -€146,178 to -€145,713
- Tax, wage and social debts -€122
down €122 (-19.9%), from €612 to €490
- Gross operating margin +€691
up €691 (+119.1%), from €580 to €1,271
- Depreciation +€427
new in 2025: €427
- Other operating charges +€418
new in 2025: €418
- Financial income +€76
up €76 (+8930.6%), from €1 to €77
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 | €3,154 | €4,199 | +€1,045 | +33.1% |
| Formation expenses | 20 | €427 | €0 | -€427 | -100.0% |
| Current assets | 29/58 | €2,727 | €4,199 | +€1,472 | +54.0% |
| Stocks and contracts in progress | 3 | €578 | €578 | = | 0.0% |
| Stocks | 30/36 | €578 | €578 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €702 | €0 | -€702 | -100.0% |
| Trade receivables | 40 | €702 | €0 | -€702 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,448 | €3,621 | +€2,174 | +150.2% |
| Total equity and liabilities | 10/49 | €3,154 | €4,199 | +€1,045 | +33.1% |
| Equity | 10/15 | -€71,028 | -€70,563 | +€464 | +0.7% |
| Contributions | 10/11 | €75,150 | €75,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,178 | -€145,713 | +€464 | +0.3% |
| Amounts payable | 17/49 | €74,182 | €74,763 | +€581 | +0.8% |
| Amounts payable after more than one year | 17 | €70,000 | €70,000 | = | 0.0% |
| Financial debts | 170/4 | €70,000 | €70,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,182 | €4,763 | +€581 | +13.9% |
| Trade debts | 44 | - | €701 | +€701 | |
| Suppliers | 440/4 | - | €701 | +€701 | |
| Taxes, remuneration and social security | 45 | €612 | €490 | -€122 | -19.9% |
| Taxes | 450/3 | €612 | €490 | -€122 | -19.9% |
| Other amounts payable | 47/48 | €3,570 | €3,571 | +€1 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €427 | +€427 | |
| Other operating charges | 640/8 | - | €418 | +€418 | |
| Gross operating margin | 9900 | €580 | €1,271 | +€691 | +119.1% |
| Operating profit (loss) | 9901 | €580 | €426 | -€154 | -26.5% |
| Financial income | 75/76B | €1 | €77 | +€76 | +8930.6% |
| Recurring financial income | 75 | €1 | €77 | +€76 | +8930.6% |
| Financial charges | 65/66B | €42 | €39 | -€3 | -7.2% |
| Recurring financial charges | 65 | €42 | €39 | -€3 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €540 | €464 | -€75 | -13.9% |
| Profit (loss) for the period | 9904 | €540 | €464 | -€75 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €540 | €464 | -€75 | -13.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.