SPOON: 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.
SPOON
Largest movements
- Tangible fixed assets -€28,920
down €28,920 (-4.8%), from €597,168 to €568,249
of which Land and buildings: -€16,347
- Cash -€17,990
down €17,990 (-45.2%), from €39,820 to €21,830
mainly Contributions, distributions and other (-€36,950) and Debts after one year (-€27,653)
- Debts after one year -€27,653
down €27,653 (-8.5%), from €324,652 to €296,999
- Other debts -€10,500
down €10,500 (-3.5%), from €297,899 to €287,399
- Gross operating margin -€26,213
down €26,213 (-24.6%), from €106,567 to €80,354
- Financial charges -€4,478
down €4,478 (-45.7%), from €9,794 to €5,316
- Taxes -€2,747
down €2,747 (-21.2%), from €12,952 to €10,206
- Depreciation +€1,847
up €1,847 (+7.3%), from €25,467 to €27,314
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 | €684,848 | €645,153 | -€39,695 | -5.8% |
| Fixed assets | 21/28 | €597,168 | €572,959 | -€24,210 | -4.1% |
| Tangible fixed assets | 22/27 | €597,168 | €568,249 | -€28,920 | -4.8% |
| Land and buildings | 22 | €532,551 | €516,204 | -€16,347 | -3.1% |
| Furniture and vehicles | 24 | €64,617 | €52,045 | -€12,572 | -19.5% |
| Financial fixed assets | 28 | - | €4,710 | +€4,710 | |
| Current assets | 29/58 | €87,680 | €72,195 | -€15,485 | -17.7% |
| Amounts receivable within one year | 40/41 | €44,438 | €44,217 | -€222 | -0.5% |
| Trade receivables | 40 | €14,438 | €14,217 | -€222 | -1.5% |
| Other amounts receivable | 41 | €30,000 | €30,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €39,820 | €21,830 | -€17,990 | -45.2% |
| Deferred charges and accrued income | 490/1 | €3,422 | €6,148 | +€2,727 | +79.7% |
| Total equity and liabilities | 10/49 | €684,848 | €645,153 | -€39,695 | -5.8% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €666,248 | €626,553 | -€39,695 | -6.0% |
| Amounts payable after more than one year | 17 | €324,652 | €296,999 | -€27,653 | -8.5% |
| Financial debts | 170/4 | €324,652 | €296,999 | -€27,653 | -8.5% |
| Amounts payable within one year | 42/48 | €341,596 | €329,554 | -€12,042 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €27,342 | €27,653 | +€311 | +1.1% |
| Trade debts | 44 | €4,748 | €2,936 | -€1,812 | -38.2% |
| Suppliers | 440/4 | €4,748 | €2,936 | -€1,812 | -38.2% |
| Taxes, remuneration and social security | 45 | €11,607 | €11,567 | -€40 | -0.3% |
| Taxes | 450/3 | €8,707 | €8,642 | -€65 | -0.8% |
| Remuneration and social security | 454/9 | €2,900 | €2,925 | +€25 | +0.9% |
| Other amounts payable | 47/48 | €297,899 | €287,399 | -€10,500 | -3.5% |
| Non-recurring operating income | 76A | €22,076 | €0 | -€22,076 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,467 | €27,314 | +€1,847 | +7.3% |
| Other operating charges | 640/8 | €1,597 | €1,473 | -€125 | -7.8% |
| Gross operating margin | 9900 | €106,567 | €80,354 | -€26,213 | -24.6% |
| Operating profit (loss) | 9901 | €79,502 | €51,567 | -€27,936 | -35.1% |
| Financial income | 75/76B | €948 | €905 | -€43 | -4.5% |
| Recurring financial income | 75 | €948 | €905 | -€43 | -4.5% |
| Financial charges | 65/66B | €9,794 | €5,316 | -€4,478 | -45.7% |
| Recurring financial charges | 65 | €9,794 | €5,316 | -€4,478 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | €70,656 | €47,155 | -€23,501 | -33.3% |
| Income taxes | 67/77 | €12,952 | €10,206 | -€2,747 | -21.2% |
| Profit (loss) for the period | 9904 | €57,704 | €36,950 | -€20,754 | -36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,704 | €36,950 | -€20,754 | -36.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.