SPLEENEX: 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.
SPLEENEX
Largest movements
- Cash -€11,260
down €11,260 (-89.8%), from €12,538 to €1,278
mainly Net result for the year (-€9,309) and Receivables within one year (-€8,659)
- Receivables within one year +€8,659
up €8,659 (+249.4%), from €3,472 to €12,130
of which Trade receivables: +€6,671
- Tangible fixed assets -€478
down €478 (-20.3%), from €2,360 to €1,882
- Deferred charges and accrued income -€300
down €300 (-46.7%), from €642 to €342
- Profit (loss) carried forward -€9,309
down €9,309 (-8.7%), from -€107,139 to -€116,448
- Other debts +€4,064
up €4,064 (+4.1%), from €99,022 to €103,086
- Trade debts +€1,017
up €1,017 (+15.2%), from €6,699 to €7,715
- Tax, wage and social debts +€849
up €849 (+485.4%), from €175 to €1,024
of which Remuneration and social security: +€517
- Gross operating margin +€17,484
up €17,484 (+68.0%), from -€25,712 to -€8,228
- Depreciation +€448
up €448 (+1491.2%), from €30 to €478
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 | €19,216 | €15,837 | -€3,379 | -17.6% |
| Fixed assets | 21/28 | €2,565 | €2,087 | -€478 | -18.6% |
| Tangible fixed assets | 22/27 | €2,360 | €1,882 | -€478 | -20.3% |
| Furniture and vehicles | 24 | €2,360 | €1,882 | -€478 | -20.3% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €16,651 | €13,750 | -€2,901 | -17.4% |
| Amounts receivable within one year | 40/41 | €3,472 | €12,130 | +€8,659 | +249.4% |
| Trade receivables | 40 | €3,074 | €9,745 | +€6,671 | +217.0% |
| Other amounts receivable | 41 | €398 | €2,386 | +€1,988 | +499.7% |
| Cash at bank and in hand | 54/58 | €12,538 | €1,278 | -€11,260 | -89.8% |
| Deferred charges and accrued income | 490/1 | €642 | €342 | -€300 | -46.7% |
| Total equity and liabilities | 10/49 | €19,216 | €15,837 | -€3,379 | -17.6% |
| Equity | 10/15 | -€86,679 | -€95,988 | -€9,309 | -10.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,139 | -€116,448 | -€9,309 | -8.7% |
| Amounts payable | 17/49 | €105,896 | €111,825 | +€5,930 | +5.6% |
| Amounts payable within one year | 42/48 | €105,896 | €111,825 | +€5,930 | +5.6% |
| Trade debts | 44 | €6,699 | €7,715 | +€1,017 | +15.2% |
| Suppliers | 440/4 | €6,699 | €7,715 | +€1,017 | +15.2% |
| Taxes, remuneration and social security | 45 | €175 | €1,024 | +€849 | +485.4% |
| Taxes | 450/3 | €175 | €507 | +€332 | +189.6% |
| Remuneration and social security | 454/9 | - | €517 | +€517 | |
| Other amounts payable | 47/48 | €99,022 | €103,086 | +€4,064 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30 | €478 | +€448 | +1491.2% |
| Other operating charges | 640/8 | €581 | €330 | -€251 | -43.2% |
| Non-recurring operating charges | 66A | €613 | - | -€613 | |
| Gross operating margin | 9900 | -€25,712 | -€8,228 | +€17,484 | +68.0% |
| Operating profit (loss) | 9901 | -€26,936 | -€9,036 | +€17,900 | +66.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €277 | €241 | -€36 | -13.1% |
| Recurring financial charges | 65 | €277 | €241 | -€36 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€27,213 | -€9,277 | +€17,936 | +65.9% |
| Income taxes | 67/77 | €175 | €32 | -€143 | -81.9% |
| Profit (loss) for the period | 9904 | -€27,388 | -€9,309 | +€18,079 | +66.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,388 | -€9,309 | +€18,079 | +66.0% |
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 11 October 2026 via checked.be.