Spot Intelligence: 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 Intelligence
Largest movements
- Receivables within one year -€31,700
down €31,700 (-100.0%), from €31,700 to €0
- Tangible fixed assets +€25,208
up €25,208 (+8168.4%), from €309 to €25,516
- Cash +€16,673
up €16,673 (+106.9%), from €15,602 to €32,275
mainly Receivables within one year (+€31,700) and Other debts (+€9,571)
- Other debts +€9,571
up €9,571 (+18.7%), from €51,215 to €60,786
- Depreciation +€4,968
up €4,968 (+125.8%), from €3,948 to €8,915
- Gross operating margin +€1,196
up €1,196 (+12.5%), from €9,557 to €10,753
- Taxes -€1,018
down €1,018 (-83.6%), from €1,217 to €199
- Financial charges +€872
up €872 (+305.3%), from €285 to €1,157
- Financial income -€120
down €120 (-17.2%), from €701 to €581
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 | €66,510 | €76,643 | +€10,133 | +15.2% |
| Fixed assets | 21/28 | €19,209 | €43,916 | +€24,708 | +128.6% |
| Intangible fixed assets | 21 | €18,900 | €18,400 | -€500 | -2.6% |
| Tangible fixed assets | 22/27 | €309 | €25,516 | +€25,208 | +8168.4% |
| Furniture and vehicles | 24 | €309 | €25,516 | +€25,208 | +8168.4% |
| Current assets | 29/58 | €47,302 | €32,727 | -€14,575 | -30.8% |
| Amounts receivable within one year | 40/41 | €31,700 | €0 | -€31,700 | -100.0% |
| Trade receivables | 40 | €31,700 | €0 | -€31,700 | -100.0% |
| Cash at bank and in hand | 54/58 | €15,602 | €32,275 | +€16,673 | +106.9% |
| Deferred charges and accrued income | 490/1 | - | €452 | +€452 | |
| Total equity and liabilities | 10/49 | €66,510 | €76,643 | +€10,133 | +15.2% |
| Equity | 10/15 | €14,217 | €14,760 | +€543 | +3.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,217 | €11,760 | +€543 | +4.8% |
| Distributable reserves | 133 | €11,217 | €11,760 | +€543 | +4.8% |
| Amounts payable | 17/49 | €52,293 | €61,883 | +€9,590 | +18.3% |
| Amounts payable within one year | 42/48 | €52,293 | €61,883 | +€9,590 | +18.3% |
| Trade debts | 44 | €30 | €0 | -€30 | -100.0% |
| Suppliers | 440/4 | €30 | €0 | -€30 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,048 | €1,097 | +€50 | +4.7% |
| Taxes | 450/3 | €1,048 | €1,097 | +€50 | +4.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €51,215 | €60,786 | +€9,571 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,948 | €8,915 | +€4,968 | +125.8% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €9,557 | €10,753 | +€1,196 | +12.5% |
| Operating profit (loss) | 9901 | €5,104 | €1,318 | -€3,786 | -74.2% |
| Financial income | 75/76B | €701 | €581 | -€120 | -17.2% |
| Recurring financial income | 75 | €701 | €581 | -€120 | -17.2% |
| Financial charges | 65/66B | €285 | €1,157 | +€872 | +305.3% |
| Recurring financial charges | 65 | €285 | €1,157 | +€872 | +305.3% |
| Profit (loss) for the period before taxes | 9903 | €5,520 | €742 | -€4,778 | -86.6% |
| Income taxes | 67/77 | €1,217 | €199 | -€1,018 | -83.6% |
| Profit (loss) for the period | 9904 | €4,303 | €543 | -€3,760 | -87.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,303 | €543 | -€3,760 | -87.4% |
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 6 October 2026 via checked.be.