SPM GROUP SERVICES: 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.
SPM GROUP SERVICES
Largest movements
- Stocks and contracts -€17,535
down €17,535 (-43.1%), from €40,700 to €23,165
- Cash +€10,947
up €10,947 (+1009.0%), from €1,085 to €12,032
mainly Stocks and contracts (+€17,535) and Net result for the year (+€12,011)
- Receivables within one year -€2,443
down €2,443 (-77.9%), from €3,138 to €695
of which Other amounts receivable: -€1,750
- Trade debts -€9,387
down €9,387 (-53.9%), from €17,415 to €8,027
- Profit (loss) carried forward +€3,726
up €3,726 (+19.5%), from €19,138 to €22,864
- Other debts -€3,370
no longer reported in 2025 (was €3,370)
- Staff costs +€75,789
up €75,789 (+6766.9%), from €1,120 to €76,909
- Gross operating margin +€68,662
up €68,662 (+338.9%), from €20,258 to €88,920
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 | €44,922 | €35,892 | -€9,031 | -20.1% |
| Current assets | 29/58 | €44,922 | €35,892 | -€9,031 | -20.1% |
| Stocks and contracts in progress | 3 | €40,700 | €23,165 | -€17,535 | -43.1% |
| Stocks | 30/36 | €40,700 | €23,165 | -€17,535 | -43.1% |
| Amounts receivable within one year | 40/41 | €3,138 | €695 | -€2,443 | -77.9% |
| Trade receivables | 40 | €693 | - | -€693 | |
| Other amounts receivable | 41 | €2,445 | €695 | -€1,750 | -71.6% |
| Cash at bank and in hand | 54/58 | €1,085 | €12,032 | +€10,947 | +1009.0% |
| Total equity and liabilities | 10/49 | €44,922 | €35,892 | -€9,031 | -20.1% |
| Equity | 10/15 | €24,138 | €27,864 | +€3,726 | +15.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,138 | €22,864 | +€3,726 | +19.5% |
| Amounts payable | 17/49 | €20,785 | €8,027 | -€12,757 | -61.4% |
| Amounts payable within one year | 42/48 | €20,785 | €8,027 | -€12,757 | -61.4% |
| Trade debts | 44 | €17,415 | €8,027 | -€9,387 | -53.9% |
| Suppliers | 440/4 | €17,415 | €8,027 | -€9,387 | -53.9% |
| Other amounts payable | 47/48 | €3,370 | - | -€3,370 | |
| Remuneration, social security and pensions | 62 | €1,120 | €76,909 | +€75,789 | +6766.9% |
| Gross operating margin | 9900 | €20,258 | €88,920 | +€68,662 | +338.9% |
| Operating profit (loss) | 9901 | €19,138 | €12,011 | -€7,127 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €19,138 | €12,011 | -€7,127 | -37.2% |
| Profit (loss) for the period | 9904 | €19,138 | €12,011 | -€7,127 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,138 | €12,011 | -€7,127 | -37.2% |
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 5 October 2026 via checked.be.