SPOT CONSULT: 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.
SPOT CONSULT
Largest movements
- Tangible fixed assets -€18,935
down €18,935 (-26.7%), from €70,838 to €51,903
of which Furniture and vehicles: -€12,579
- Receivables within one year -€15,910
down €15,910 (-6.0%), from €266,810 to €250,900
of which Trade receivables: -€60,329
- Other debts -€43,616
down €43,616 (-17.4%), from €250,691 to €207,075
- Profit (loss) carried forward +€24,536
up €24,536 (+96.6%), from -€25,396 to -€860
- Trade debts -€12,034
down €12,034 (-62.2%), from €19,357 to €7,323
- Gross operating margin +€14,912
up €14,912 (+56.5%), from €26,389 to €41,300
- Depreciation -€5,771
down €5,771 (-27.1%), from €21,299 to €15,528
- Financial charges -€1,153
down €1,153 (-62.7%), from €1,839 to €685
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 | €345,829 | €315,577 | -€30,252 | -8.7% |
| Fixed assets | 21/28 | €70,888 | €51,953 | -€18,935 | -26.7% |
| Tangible fixed assets | 22/27 | €70,838 | €51,903 | -€18,935 | -26.7% |
| Plant, machinery and equipment | 23 | €12,527 | €6,170 | -€6,357 | -50.7% |
| Furniture and vehicles | 24 | €58,311 | €45,733 | -€12,579 | -21.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €274,941 | €263,624 | -€11,317 | -4.1% |
| Amounts receivable within one year | 40/41 | €266,810 | €250,900 | -€15,910 | -6.0% |
| Trade receivables | 40 | €121,241 | €60,912 | -€60,329 | -49.8% |
| Other amounts receivable | 41 | €145,569 | €189,988 | +€44,419 | +30.5% |
| Cash at bank and in hand | 54/58 | €8,130 | €10,347 | +€2,217 | +27.3% |
| Deferred charges and accrued income | 490/1 | - | €2,377 | +€2,377 | |
| Total equity and liabilities | 10/49 | €345,829 | €315,577 | -€30,252 | -8.7% |
| Equity | 10/15 | €53,766 | €78,302 | +€24,536 | +45.6% |
| Contributions | 10/11 | €76,197 | €76,197 | = | 0.0% |
| Reserves | 13 | €2,964 | €2,964 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €2,345 | €2,345 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,396 | -€860 | +€24,536 | +96.6% |
| Amounts payable | 17/49 | €292,062 | €237,275 | -€54,788 | -18.8% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Financial debts | 170/4 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €277,062 | €222,275 | -€54,788 | -19.8% |
| Trade debts | 44 | €19,357 | €7,323 | -€12,034 | -62.2% |
| Suppliers | 440/4 | €19,357 | €7,323 | -€12,034 | -62.2% |
| Taxes, remuneration and social security | 45 | €7,014 | €7,876 | +€862 | +12.3% |
| Taxes | 450/3 | €4,514 | €5,362 | +€848 | +18.8% |
| Remuneration and social security | 454/9 | €2,500 | €2,514 | +€14 | +0.6% |
| Other amounts payable | 47/48 | €250,691 | €207,075 | -€43,616 | -17.4% |
| Non-recurring operating income | 76A | - | €9,172 | +€9,172 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,299 | €15,528 | -€5,771 | -27.1% |
| Other operating charges | 640/8 | €770 | €552 | -€217 | -28.2% |
| Non-recurring operating charges | 66A | €1,464 | - | -€1,464 | |
| Gross operating margin | 9900 | €26,389 | €41,300 | +€14,912 | +56.5% |
| Operating profit (loss) | 9901 | €2,856 | €25,220 | +€22,364 | +783.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,839 | €685 | -€1,153 | -62.7% |
| Recurring financial charges | 65 | €1,839 | €685 | -€1,153 | -62.7% |
| Profit (loss) for the period before taxes | 9903 | €1,017 | €24,536 | +€23,519 | +2312.5% |
| Profit (loss) for the period | 9904 | €1,017 | €24,536 | +€23,519 | +2312.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,017 | €24,536 | +€23,519 | +2312.5% |
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 8 October 2026 via checked.be.