SPLINE: 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.
SPLINE
Largest movements
- Cash +€21,016
up €21,016 (+57.8%), from €36,333 to €57,349
mainly Other debts (+€102,000) and Net result for the year (+€24,772)
- Receivables within one year +€3,083
up €3,083 (+6.4%), from €48,313 to €51,397
of which Trade receivables: +€4,434
- Tangible fixed assets +€1,243
up €1,243 (+292.6%), from €425 to €1,667
- Other debts +€102,000
new in 2025: €102,000
- Reserves -€77,228
down €77,228 (-98.8%), from €78,127 to €899
- Taxes -€735
down €735 (-10.6%), from €6,938 to €6,202
- Other operating charges -€628
down €628 (-35.6%), from €1,767 to €1,139
- Gross operating margin -€333
down €333 (-1.0%), from €32,591 to €32,258
- Financial charges -€329
down €329 (-75.9%), from €434 to €104
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 | €85,071 | €110,683 | +€25,612 | +30.1% |
| Fixed assets | 21/28 | €425 | €1,667 | +€1,243 | +292.6% |
| Tangible fixed assets | 22/27 | €425 | €1,667 | +€1,243 | +292.6% |
| Furniture and vehicles | 24 | €425 | €1,667 | +€1,243 | +292.6% |
| Current assets | 29/58 | €84,646 | €109,015 | +€24,369 | +28.8% |
| Amounts receivable within one year | 40/41 | €48,313 | €51,397 | +€3,083 | +6.4% |
| Trade receivables | 40 | €38,690 | €43,124 | +€4,434 | +11.5% |
| Other amounts receivable | 41 | €9,623 | €8,273 | -€1,351 | -14.0% |
| Cash at bank and in hand | 54/58 | €36,333 | €57,349 | +€21,016 | +57.8% |
| Deferred charges and accrued income | 490/1 | - | €270 | +€270 | |
| Total equity and liabilities | 10/49 | €85,071 | €110,683 | +€25,612 | +30.1% |
| Equity | 10/15 | €79,127 | €1,899 | -€77,228 | -97.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €78,127 | €899 | -€77,228 | -98.8% |
| Distributable reserves | 133 | €78,127 | €899 | -€77,228 | -98.8% |
| Amounts payable | 17/49 | €5,944 | €108,784 | +€102,840 | +1730.2% |
| Amounts payable within one year | 42/48 | €5,944 | €108,784 | +€102,840 | +1730.2% |
| Trade debts | 44 | €1,006 | €1,492 | +€485 | +48.2% |
| Suppliers | 440/4 | €1,006 | €1,492 | +€485 | +48.2% |
| Taxes, remuneration and social security | 45 | €4,938 | €5,292 | +€355 | +7.2% |
| Taxes | 450/3 | €4,938 | €5,292 | +€355 | +7.2% |
| Other amounts payable | 47/48 | - | €102,000 | +€102,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €444 | €529 | +€84 | +18.9% |
| Other operating charges | 640/8 | €1,767 | €1,139 | -€628 | -35.6% |
| Gross operating margin | 9900 | €32,591 | €32,258 | -€333 | -1.0% |
| Operating profit (loss) | 9901 | €30,380 | €30,591 | +€212 | +0.7% |
| Financial income | 75/76B | €281 | €487 | +€207 | +73.7% |
| Recurring financial income | 75 | €281 | €487 | +€207 | +73.7% |
| Financial charges | 65/66B | €434 | €104 | -€329 | -75.9% |
| Recurring financial charges | 65 | €434 | €104 | -€329 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €30,226 | €30,974 | +€748 | +2.5% |
| Income taxes | 67/77 | €6,938 | €6,202 | -€735 | -10.6% |
| Profit (loss) for the period | 9904 | €23,289 | €24,772 | +€1,483 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,289 | €24,772 | +€1,483 | +6.4% |
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 12 October 2026 via checked.be.