SPO CONSEIL: 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.
SPO CONSEIL
Largest movements
- Receivables within one year -€4,546
down €4,546 (-88.4%), from €5,145 to €599
of which Other amounts receivable: -€4,535
- Cash -€2,960
down €2,960 (-77.4%), from €3,826 to €866
mainly Net result for the year (-€22,638) and Trade debts (-€4,401)
- Profit (loss) carried forward -€22,638
down €22,638 (-32.7%), from -€69,213 to -€91,851
- Other debts +€19,884
up €19,884 (+37.8%), from €52,655 to €72,539
- Trade debts -€4,401
down €4,401 (-85.0%), from €5,179 to €778
- Accrued charges and deferred income -€350
down €350 (-100%), from €350 to €0
- Gross operating margin +€3,530
up €3,530 (+14.0%), from -€25,299 to -€21,769
- Other operating charges +€787
new in 2025: €787
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.
Derived cash bridge
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 | €8,971 | €1,466 | -€7,505 | -83.7% |
| Current assets | 29/58 | €8,971 | €1,466 | -€7,505 | -83.7% |
| Amounts receivable within one year | 40/41 | €5,145 | €599 | -€4,546 | -88.4% |
| Trade receivables | 40 | €257 | €247 | -€11 | -4.1% |
| Other amounts receivable | 41 | €4,888 | €353 | -€4,535 | -92.8% |
| Cash at bank and in hand | 54/58 | €3,826 | €866 | -€2,960 | -77.4% |
| Total equity and liabilities | 10/49 | €8,971 | €1,466 | -€7,505 | -83.7% |
| Equity | 10/15 | -€49,213 | -€71,851 | -€22,638 | -46.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,213 | -€91,851 | -€22,638 | -32.7% |
| Amounts payable | 17/49 | €58,184 | €73,317 | +€15,133 | +26.0% |
| Amounts payable within one year | 42/48 | €57,834 | €73,317 | +€15,483 | +26.8% |
| Trade debts | 44 | €5,179 | €778 | -€4,401 | -85.0% |
| Suppliers | 440/4 | €5,179 | €778 | -€4,401 | -85.0% |
| Other amounts payable | 47/48 | €52,655 | €72,539 | +€19,884 | +37.8% |
| Accrued charges and deferred income | 492/3 | €350 | €0 | -€350 | -100% |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | -€25,299 | -€21,769 | +€3,530 | +14.0% |
| Operating profit (loss) | 9901 | -€25,299 | -€22,556 | +€2,743 | +10.8% |
| Financial charges | 65/66B | €74 | €82 | +€9 | +12.2% |
| Recurring financial charges | 65 | €74 | €82 | +€9 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | -€25,372 | -€22,638 | +€2,734 | +10.8% |
| Profit (loss) for the period | 9904 | -€25,372 | -€22,638 | +€2,734 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,372 | -€22,638 | +€2,734 | +10.8% |
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 18 October 2026 via checked.be.