SPLENDY: 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.
What changed
SPLENDY
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,518
2024 · -€14,978+€36,496
Equity
€2.6m
2024 · €2.6m+€21,518
Cash
€258,060
2024 · €160,142+€97,918
Balance sheet total
€3.7m
2024 · €3.7m+€18,342
Largest movements
Assets
- Cash +€97,918
up €97,918 (+61.1%), from €160,142 to €258,060
mainly Depreciation (+€71,282) and Receivables within one year (+€43,305)
- Receivables within one year -€43,305
down €43,305 (-4.3%), from €1.0m to €966,714
of which Other amounts receivable: -€46,026
- Tangible fixed assets -€42,204
down €42,204 (-3.5%), from €1.2m to €1.2m
of which Land and buildings: -€27,040
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income +€25,071
up €25,071 (+35.4%), from €70,777 to €95,848
- Other operating income +€15,674
up €15,674 (+17.5%), from €89,571 to €105,244
- Other operating charges +€3,057
up €3,057 (+20.6%), from €14,844 to €17,902
- Services and other goods -€2,933
down €2,933 (-5.9%), from €49,545 to €46,612
- Depreciation +€2,439
up €2,439 (+3.5%), from €68,843 to €71,282
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.
Result 2024
-€14,978
Turnover
+€215
Other operating income
+€15,674
Services and other goods
+€2,933
Depreciation
-€2,439
Other operating charges
-€3,057
Other operating items
-€1,681
Financial income
+€25,071
Financial charges
-€230
Taxes
+€11
Result 2025
€21,518
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.
From operations
+€126,996
Investment
-€29,077
Financing
€0
Cash 2024
€160,142
From operations (derived)
+€126,996
Net result for the year
+€21,518
Depreciation
+€71,282
Receivables within one year
+€43,305
Deferred charges and accrued income
-€5,934
Provisions
-€2,588
Trade debts
-€658
Tax, wage and social debts
+€1,466
Other debts
-€7,601
Accrued charges and deferred income
+€6,204
Investment (derived)
-€29,077
Investment in fixed assets (net)
-€29,077
Cash 2025
€258,060
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,727,066 | €3,745,408 | +€18,342 | +0.5% |
| Fixed assets | 21/28 | €2,534,333 | €2,492,128 | -€42,204 | -1.7% |
| Tangible fixed assets | 22/27 | €1,193,906 | €1,151,701 | -€42,204 | -3.5% |
| Land and buildings | 22 | €1,140,679 | €1,113,639 | -€27,040 | -2.4% |
| Furniture and vehicles | 24 | €53,227 | €38,062 | -€15,165 | -28.5% |
| Financial fixed assets | 28 | €1,340,427 | €1,340,427 | = | 0.0% |
| Affiliated companies | 280/1 | €1,340,427 | €1,340,427 | = | 0.0% |
| Participating interests | 280 | €1,340,427 | €1,340,427 | = | 0.0% |
| Current assets | 29/58 | €1,192,733 | €1,253,280 | +€60,547 | +5.1% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,010,020 | €966,714 | -€43,305 | -4.3% |
| Trade receivables | 40 | €11,797 | €14,517 | +€2,720 | +23.1% |
| Other amounts receivable | 41 | €998,223 | €952,197 | -€46,026 | -4.6% |
| Cash at bank and in hand | 54/58 | €160,142 | €258,060 | +€97,918 | +61.1% |
| Deferred charges and accrued income | 490/1 | €22,571 | €28,505 | +€5,934 | +26.3% |
| Total equity and liabilities | 10/49 | €3,727,066 | €3,745,408 | +€18,342 | +0.5% |
| Equity | 10/15 | €2,591,809 | €2,613,327 | +€21,518 | +0.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €80,887 | €75,615 | -€5,272 | -6.5% |
| Non-distributable reserves | 130/1 | €37,060 | €37,060 | = | 0.0% |
| Legal reserve | 130 | €37,060 | €37,060 | = | 0.0% |
| Tax-exempt reserves | 132 | €43,827 | €38,555 | -€5,272 | -12.0% |
| Profit (loss) carried forward | 14 | €2,448,921 | €2,475,711 | +€26,790 | +1.1% |
| Provisions and deferred taxes | 16 | €17,213 | €14,626 | -€2,588 | -15.0% |
| Deferred taxes | 168 | €17,213 | €14,626 | -€2,588 | -15.0% |
| Amounts payable | 17/49 | €1,118,044 | €1,117,456 | -€588 | -0.1% |
| Amounts payable within one year | 42/48 | €1,102,334 | €1,095,542 | -€6,792 | -0.6% |
| Trade debts | 44 | €21,677 | €21,020 | -€658 | -3.0% |
| Suppliers | 440/4 | €21,677 | €21,020 | -€658 | -3.0% |
| Taxes, remuneration and social security | 45 | €15,991 | €17,457 | +€1,466 | +9.2% |
| Taxes | 450/3 | €15,991 | €17,457 | +€1,466 | +9.2% |
| Other amounts payable | 47/48 | €1,064,665 | €1,057,065 | -€7,601 | -0.7% |
| Accrued charges and deferred income | 492/3 | €15,710 | €21,914 | +€6,204 | +39.5% |
| Operating income | 70/76A | €98,101 | €112,308 | +€14,207 | +14.5% |
| Turnover | 70 | €6,849 | €7,064 | +€215 | +3.1% |
| Other operating income | 74 | €89,571 | €105,244 | +€15,674 | +17.5% |
| Non-recurring operating income | 76A | €1,681 | €0 | -€1,681 | -100.0% |
| Operating charges | 60/66A | €133,232 | €135,796 | +€2,564 | +1.9% |
| Services and other goods | 61 | €49,545 | €46,612 | -€2,933 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,843 | €71,282 | +€2,439 | +3.5% |
| Other operating charges | 640/8 | €14,844 | €17,902 | +€3,057 | +20.6% |
| Operating profit (loss) | 9901 | -€35,131 | -€23,487 | +€11,643 | +33.1% |
| Financial income | 75/76B | €70,777 | €95,848 | +€25,071 | +35.4% |
| Recurring financial income | 75 | €70,777 | €95,848 | +€25,071 | +35.4% |
| Income from financial fixed assets | 750 | €48,000 | €72,000 | +€24,000 | +50.0% |
| Income from current assets | 751 | €22,777 | €23,468 | +€691 | +3.0% |
| Other financial income | 752/9 | €0 | €381 | +€381 | |
| Financial charges | 65/66B | €52,954 | €53,183 | +€230 | +0.4% |
| Recurring financial charges | 65 | €52,954 | €53,183 | +€230 | +0.4% |
| Debt charges | 650 | €52,463 | €52,794 | +€331 | +0.6% |
| Other financial charges | 652/9 | €490 | €389 | -€101 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,307 | €19,178 | +€36,485 | |
| Transfer from deferred taxes | 780 | €2,588 | €2,588 | = | 0.0% |
| Income taxes | 67/77 | €258 | €247 | -€11 | -4.3% |
| Taxes | 670/3 | €258 | €247 | -€11 | -4.3% |
| Profit (loss) for the period | 9904 | -€14,978 | €21,518 | +€36,496 | |
| Transfer from tax-exempt reserves | 789 | €5,272 | €5,272 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,706 | €26,790 | +€36,496 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.