SPLENDENS: 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.
SPLENDENS
Largest movements
- Cash +€51,344
up €51,344 (+456.1%), from €11,257 to €62,601
mainly Trade debts (+€45,675) and Net result for the year (+€21,395)
- Receivables within one year +€2,793
up €2,793 (+23.3%), from €11,983 to €14,776
of which Other amounts receivable: +€14,028
- Trade debts +€45,675
up €45,675 (+169795.0%), from €27 to €45,702
- Reserves +€20,395
up €20,395 (+225.8%), from €9,030 to €29,425
- Contributions -€10,000
down €10,000 (-88.9%), from €11,250 to €1,250
- Tax, wage and social debts -€2,932
down €2,932 (-100.0%), from €2,932 to €0
of which Taxes: -€2,932
- Profit (loss) carried forward +€1,000
new in 2025: €1,000
- Staff costs -€12,320
down €12,320, from €12,143 to -€178
- Gross operating margin +€9,460
up €9,460 (+44.3%), from €21,341 to €30,801
- Taxes +€7,075
up €7,075 (+254.8%), from €2,776 to €9,851
- Purchases and services +€5,201
new in 2025: €5,201
- Turnover +€2,500
new in 2025: €2,500
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 | €23,240 | €77,377 | +€54,137 | +233.0% |
| Current assets | 29/58 | €23,240 | €77,377 | +€54,137 | +233.0% |
| Amounts receivable within one year | 40/41 | €11,983 | €14,776 | +€2,793 | +23.3% |
| Trade receivables | 40 | €11,235 | €0 | -€11,235 | -100.0% |
| Other amounts receivable | 41 | €748 | €14,776 | +€14,028 | +1875.5% |
| Cash at bank and in hand | 54/58 | €11,257 | €62,601 | +€51,344 | +456.1% |
| Total equity and liabilities | 10/49 | €23,240 | €77,377 | +€54,137 | +233.0% |
| Equity | 10/15 | €20,280 | €31,675 | +€11,395 | +56.2% |
| Contributions | 10/11 | €11,250 | €1,250 | -€10,000 | -88.9% |
| Reserves | 13 | €9,030 | €29,425 | +€20,395 | +225.8% |
| Distributable reserves | 133 | €9,030 | €29,425 | +€20,395 | +225.8% |
| Profit (loss) carried forward | 14 | - | €1,000 | +€1,000 | |
| Amounts payable | 17/49 | €2,959 | €45,702 | +€42,743 | +1444.4% |
| Amounts payable within one year | 42/48 | €2,959 | €45,702 | +€42,743 | +1444.4% |
| Trade debts | 44 | €27 | €45,702 | +€45,675 | +169795.0% |
| Suppliers | 440/4 | €27 | €45,702 | +€45,675 | +169795.0% |
| Taxes, remuneration and social security | 45 | €2,932 | €0 | -€2,932 | -100.0% |
| Taxes | 450/3 | €2,932 | €0 | -€2,932 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Turnover | 70 | - | €2,500 | +€2,500 | |
| Non-recurring operating income | 76A | - | €33,500 | +€33,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €5,201 | +€5,201 | |
| Remuneration, social security and pensions | 62 | €12,143 | -€178 | -€12,320 | |
| Other operating charges | 640/8 | €399 | €250 | -€149 | -37.4% |
| Gross operating margin | 9900 | €21,341 | €30,801 | +€9,460 | +44.3% |
| Operating profit (loss) | 9901 | €8,800 | €30,729 | +€21,930 | +249.2% |
| Financial income | 75/76B | - | €557 | +€557 | |
| Recurring financial income | 75 | - | €557 | +€557 | |
| Financial charges | 65/66B | €75 | €40 | -€34 | -45.8% |
| Recurring financial charges | 65 | €75 | €40 | -€34 | -45.8% |
| Profit (loss) for the period before taxes | 9903 | €8,725 | €31,245 | +€22,520 | +258.1% |
| Income taxes | 67/77 | €2,776 | €9,851 | +€7,075 | +254.8% |
| Profit (loss) for the period | 9904 | €5,949 | €21,395 | +€15,446 | +259.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,949 | €21,395 | +€15,446 | +259.6% |
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 3 October 2026 via checked.be.