SPOT - ON: 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.
SPOT - ON
Largest movements
- Receivables within one year -€84,835
down €84,835 (-76.7%), from €110,535 to €25,700
of which Other amounts receivable: -€84,835
- Debts after one year -€80,000
down €80,000 (-73.2%), from €109,230 to €29,230
- Short-term financial debts +€38,148
new in 2025: €38,148
- Trade debts -€28,628
no longer reported in 2025 (was €28,628)
- Other debts -€10,871
down €10,871 (-46.0%), from €23,644 to €12,773
- Profit (loss) carried forward -€2,729
down €2,729 (-2.7%), from -€102,012 to -€104,741
- Financial income -€10,834
down €10,834 (-96.8%), from €11,196 to €362
- Financial charges -€8,062
down €8,062 (-99.4%), from €8,108 to €46
- Gross operating margin +€1,463
up €1,463 (+40.3%), from -€3,628 to -€2,165
- Other operating charges -€124
down €124 (-18.6%), from €668 to €544
- Taxes +€103
up €103 (+44.4%), from €233 to €336
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 | €212,275 | €128,577 | -€83,698 | -39.4% |
| Fixed assets | 21/28 | €100,200 | €100,200 | = | 0.0% |
| Financial fixed assets | 28 | €100,200 | €100,200 | = | 0.0% |
| Current assets | 29/58 | €112,075 | €28,377 | -€83,698 | -74.7% |
| Amounts receivable within one year | 40/41 | €110,535 | €25,700 | -€84,835 | -76.7% |
| Trade receivables | 40 | €25,700 | €25,700 | = | 0.0% |
| Other amounts receivable | 41 | €84,835 | - | -€84,835 | |
| Cash at bank and in hand | 54/58 | €1,540 | €2,336 | +€796 | +51.7% |
| Deferred charges and accrued income | 490/1 | - | €341 | +€341 | |
| Total equity and liabilities | 10/49 | €212,275 | €128,577 | -€83,698 | -39.4% |
| Equity | 10/15 | €47,966 | €45,237 | -€2,729 | -5.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €88,004 | €88,004 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €81,807 | €81,807 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,012 | -€104,741 | -€2,729 | -2.7% |
| Amounts payable | 17/49 | €164,309 | €83,340 | -€80,969 | -49.3% |
| Amounts payable after more than one year | 17 | €109,230 | €29,230 | -€80,000 | -73.2% |
| Other amounts payable | 178/9 | €109,230 | €29,230 | -€80,000 | -73.2% |
| Amounts payable within one year | 42/48 | €55,079 | €53,644 | -€1,434 | -2.6% |
| Financial debts | 43 | - | €38,148 | +€38,148 | |
| Other loans | 439 | - | €38,148 | +€38,148 | |
| Trade debts | 44 | €28,628 | - | -€28,628 | |
| Suppliers | 440/4 | €28,628 | - | -€28,628 | |
| Taxes, remuneration and social security | 45 | €2,806 | €2,723 | -€83 | -3.0% |
| Taxes | 450/3 | - | €2,723 | +€2,723 | |
| Remuneration and social security | 454/9 | €2,806 | - | -€2,806 | |
| Other amounts payable | 47/48 | €23,644 | €12,773 | -€10,871 | -46.0% |
| Accrued charges and deferred income | 492/3 | - | €466 | +€466 | |
| Other operating charges | 640/8 | €668 | €544 | -€124 | -18.6% |
| Gross operating margin | 9900 | -€3,628 | -€2,165 | +€1,463 | +40.3% |
| Operating profit (loss) | 9901 | -€4,296 | -€2,709 | +€1,587 | +36.9% |
| Financial income | 75/76B | €11,196 | €362 | -€10,834 | -96.8% |
| Recurring financial income | 75 | €11,196 | €362 | -€10,834 | -96.8% |
| Financial charges | 65/66B | €8,108 | €46 | -€8,062 | -99.4% |
| Recurring financial charges | 65 | €8,108 | €46 | -€8,062 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,207 | -€2,393 | -€1,186 | -98.2% |
| Income taxes | 67/77 | €233 | €336 | +€103 | +44.4% |
| Profit (loss) for the period | 9904 | -€1,440 | -€2,729 | -€1,289 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,440 | -€2,729 | -€1,289 | -89.5% |
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 28 October 2026 via checked.be.