SPITIA: 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.
SPITIA
Largest movements
- Cash -€3,895
down €3,895 (-21.1%), from €18,419 to €14,524
mainly Net result for the year (-€2,354) and Receivables within one year (-€2,344)
- Receivables within one year +€2,344
new in 2025: €2,344
- Profit (loss) carried forward -€2,355
down €2,355, from €1,252 to -€1,103
- Trade debts +€561
up €561 (+401%), from €140 to €701
- Tax, wage and social debts +€243
new in 2025: €243
- Gross operating margin -€269
down €269 (-15.5%), from -€1,735 to -€2,004
- Other operating charges +€35
up €35 (+12.8%), from €272 to €307
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 | €18,419 | €16,868 | -€1,551 | -8.4% |
| Current assets | 29/58 | €18,419 | €16,868 | -€1,551 | -8.4% |
| Amounts receivable within one year | 40/41 | - | €2,344 | +€2,344 | |
| Trade receivables | 40 | - | €2,344 | +€2,344 | |
| Cash at bank and in hand | 54/58 | €18,419 | €14,524 | -€3,895 | -21.1% |
| Total equity and liabilities | 10/49 | €18,419 | €16,868 | -€1,551 | -8.4% |
| Equity | 10/15 | €15,735 | €13,380 | -€2,355 | -15.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,483 | €11,483 | +€0 | 0.0% |
| Distributable reserves | 133 | €11,483 | €11,483 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €1,252 | -€1,103 | -€2,355 | |
| Amounts payable | 17/49 | €2,684 | €3,488 | +€804 | +29.9% |
| Amounts payable within one year | 42/48 | €2,684 | €3,488 | +€804 | +29.9% |
| Trade debts | 44 | €140 | €701 | +€561 | +401% |
| Suppliers | 440/4 | €140 | €701 | +€561 | +401% |
| Taxes, remuneration and social security | 45 | - | €243 | +€243 | |
| Taxes | 450/3 | - | €243 | +€243 | |
| Other amounts payable | 47/48 | €2,544 | €2,544 | -€0 | 0.0% |
| Other operating charges | 640/8 | €272 | €307 | +€35 | +12.8% |
| Gross operating margin | 9900 | -€1,735 | -€2,004 | -€269 | -15.5% |
| Operating profit (loss) | 9901 | -€2,007 | -€2,311 | -€304 | -15.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €39 | €44 | +€5 | +11.5% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,046 | -€2,354 | -€308 | -15.1% |
| Profit (loss) for the period | 9904 | -€2,046 | -€2,354 | -€308 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,046 | -€2,354 | -€308 | -15.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.