SPITSDIAM: 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.
SPITSDIAM
Largest movements
- Cash -€32,041
down €32,041 (-35.4%), from €90,547 to €58,505
mainly Net result for the year (-€81,617) and Deferred charges and accrued income (-€5,296)
- Receivables within one year -€20,410
down €20,410 (-48.5%), from €42,101 to €21,691
of which Trade receivables: -€18,277
- Tangible fixed assets -€6,585
down €6,585 (-25.3%), from €26,056 to €19,471
- Deferred charges and accrued income +€5,296
up €5,296 (+209.3%), from €2,530 to €7,826
- Profit (loss) carried forward -€81,617
down €81,617 (-53.9%), from -€151,408 to -€233,025
- Tax, wage and social debts +€27,171
up €27,171 (+94.7%), from €28,699 to €55,870
of which Remuneration and social security: +€27,410
- Staff costs -€101,138
down €101,138 (-13.0%), from €779,527 to €678,389
- Gross operating margin -€88,412
down €88,412 (-12.7%), from €694,561 to €606,150
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 | €162,248 | €108,213 | -€54,035 | -33.3% |
| Fixed assets | 21/28 | €26,315 | €19,730 | -€6,585 | -25.0% |
| Tangible fixed assets | 22/27 | €26,056 | €19,471 | -€6,585 | -25.3% |
| Land and buildings | 22 | €11,009 | €8,460 | -€2,548 | -23.1% |
| Plant, machinery and equipment | 23 | €12,276 | €9,380 | -€2,896 | -23.6% |
| Furniture and vehicles | 24 | €2,771 | €1,630 | -€1,141 | -41.2% |
| Financial fixed assets | 28 | €259 | €259 | = | 0.0% |
| Current assets | 29/58 | €135,933 | €88,483 | -€47,450 | -34.9% |
| Stocks and contracts in progress | 3 | €755 | €461 | -€294 | -38.9% |
| Stocks | 30/36 | €755 | €461 | -€294 | -38.9% |
| Amounts receivable within one year | 40/41 | €42,101 | €21,691 | -€20,410 | -48.5% |
| Trade receivables | 40 | €34,590 | €16,313 | -€18,277 | -52.8% |
| Other amounts receivable | 41 | €7,512 | €5,378 | -€2,134 | -28.4% |
| Cash at bank and in hand | 54/58 | €90,547 | €58,505 | -€32,041 | -35.4% |
| Deferred charges and accrued income | 490/1 | €2,530 | €7,826 | +€5,296 | +209.3% |
| Total equity and liabilities | 10/49 | €162,248 | €108,213 | -€54,035 | -33.3% |
| Equity | 10/15 | €128,773 | €47,156 | -€81,617 | -63.4% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €271,505 | €271,505 | = | 0.0% |
| Distributable reserves | 133 | €271,505 | €271,505 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€151,408 | -€233,025 | -€81,617 | -53.9% |
| Amounts payable | 17/49 | €33,475 | €61,057 | +€27,582 | +82.4% |
| Amounts payable within one year | 42/48 | €33,475 | €61,057 | +€27,582 | +82.4% |
| Trade debts | 44 | €4,776 | €5,187 | +€411 | +8.6% |
| Suppliers | 440/4 | €4,776 | €5,187 | +€411 | +8.6% |
| Taxes, remuneration and social security | 45 | €28,699 | €55,870 | +€27,171 | +94.7% |
| Taxes | 450/3 | €618 | €379 | -€239 | -38.7% |
| Remuneration and social security | 454/9 | €28,081 | €55,491 | +€27,410 | +97.6% |
| Remuneration, social security and pensions | 62 | €779,527 | €678,389 | -€101,138 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,976 | €7,480 | +€505 | +7.2% |
| Other operating charges | 640/8 | €698 | €908 | +€210 | +30.0% |
| Gross operating margin | 9900 | €694,561 | €606,150 | -€88,412 | -12.7% |
| Operating profit (loss) | 9901 | -€92,640 | -€80,628 | +€12,012 | +13.0% |
| Financial income | 75/76B | €194 | €131 | -€63 | -32.4% |
| Recurring financial income | 75 | €194 | €131 | -€63 | -32.4% |
| Financial charges | 65/66B | €312 | €394 | +€81 | +26.0% |
| Recurring financial charges | 65 | €312 | €394 | +€81 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | -€92,758 | -€80,890 | +€11,868 | +12.8% |
| Income taxes | 67/77 | €359 | €727 | +€368 | +102.4% |
| Profit (loss) for the period | 9904 | -€93,118 | -€81,617 | +€11,500 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€93,118 | -€81,617 | +€11,500 | +12.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.