SPOO: what changed
SPOO
Largest movements
- Cash -€7,321
down €7,321 (-16.0%), from €45,736 to €38,415
mainly Receivables within one year (-€5,644) and Trade debts (-€4,056)
- Receivables within one year +€5,644
up €5,644 (+42.5%), from €13,295 to €18,940
of which Trade receivables: +€5,755
- Deferred charges and accrued income -€895
no longer reported in 2025 (was €895)
- Trade debts -€4,056
down €4,056 (-86.4%), from €4,696 to €640
- Profit (loss) carried forward +€896
up €896 (+11.9%), from -€7,515 to -€6,618
- Depreciation -€645
down €645 (-52.4%), from €1,230 to €585
- Other operating charges +€137
up €137 (+27.0%), from €507 to €644
- Taxes +€113
up €113 (+21.2%), from €535 to €648
- Gross operating margin +€71
up €71 (+2.5%), from €2,815 to €2,885
- Financial income +€36
up €36 (+1,720%), from €2 to €38
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,554 | €61,397 | -€3,158 | -4.9% |
| Fixed assets | 21/28 | €4,628 | €4,043 | -€585 | -12.6% |
| Tangible fixed assets | 22/27 | €4,628 | €4,043 | -€585 | -12.6% |
| Plant, machinery and equipment | 23 | €4,628 | €4,043 | -€585 | -12.6% |
| Current assets | 29/58 | €59,926 | €57,354 | -€2,572 | -4.3% |
| Amounts receivable within one year | 40/41 | €13,295 | €18,940 | +€5,644 | +42.5% |
| Trade receivables | 40 | €12,948 | €18,703 | +€5,755 | +44.4% |
| Other amounts receivable | 41 | €347 | €237 | -€110 | -31.8% |
| Cash at bank and in hand | 54/58 | €45,736 | €38,415 | -€7,321 | -16.0% |
| Deferred charges and accrued income | 490/1 | €895 | - | -€895 | |
| Total equity and liabilities | 10/49 | €64,554 | €61,397 | -€3,158 | -4.9% |
| Equity | 10/15 | €48,745 | €49,642 | +€896 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,660 | €37,660 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €35,800 | €35,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,515 | -€6,618 | +€896 | +11.9% |
| Amounts payable | 17/49 | €15,809 | €11,755 | -€4,054 | -25.6% |
| Amounts payable within one year | 42/48 | €15,422 | €11,755 | -€3,667 | -23.8% |
| Trade debts | 44 | €4,696 | €640 | -€4,056 | -86.4% |
| Suppliers | 440/4 | €4,696 | €640 | -€4,056 | -86.4% |
| Taxes, remuneration and social security | 45 | €5,336 | €5,932 | +€596 | +11.2% |
| Taxes | 450/3 | €5,336 | €5,932 | +€596 | +11.2% |
| Other amounts payable | 47/48 | €5,390 | €5,183 | -€207 | -3.8% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,230 | €585 | -€645 | -52.4% |
| Other operating charges | 640/8 | €507 | €644 | +€137 | +27.0% |
| Gross operating margin | 9900 | €2,815 | €2,885 | +€71 | +2.5% |
| Operating profit (loss) | 9901 | €1,078 | €1,657 | +€578 | +53.7% |
| Financial income | 75/76B | €2 | €38 | +€36 | +1,720% |
| Recurring financial income | 75 | €2 | €38 | +€36 | +1,720% |
| Financial charges | 65/66B | €120 | €150 | +€30 | +24.9% |
| Recurring financial charges | 65 | €120 | €150 | +€30 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €960 | €1,544 | +€584 | +60.9% |
| Income taxes | 67/77 | €535 | €648 | +€113 | +21.2% |
| Profit (loss) for the period | 9904 | €425 | €896 | +€471 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €425 | €896 | +€471 | +111% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.