SPOTS: 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.
SPOTS
Largest movements
- Cash +€20,329
up €20,329 (+44.0%), from €46,160 to €66,489
mainly Net result for the year (+€23,602) and Other debts (+€5,500)
- Receivables within one year +€16,182
up €16,182 (+49.6%), from €32,599 to €48,782
- Tangible fixed assets -€7,424
down €7,424 (-58.5%), from €12,688 to €5,264
- Financial fixed assets -€2,150
no longer reported in 2025 (was €2,150)
- Profit (loss) carried forward +€18,102
up €18,102 (+35.1%), from €51,521 to €69,623
- Other debts +€5,500
new in 2025: €5,500
- Provisions +€5,250
new in 2025: €5,250
- Trade debts -€3,428
down €3,428 (-81.3%), from €4,216 to €788
- Financial income +€60,000
new in 2025: €60,000
of which Non-recurring financial income: +€60,000
- Gross operating margin -€25,731
down €25,731, from €12,590 to -€13,141
- Provisions +€5,250
new in 2025: €5,250
- Taxes +€4,186
up €4,186 (+329%), from €1,274 to €5,460
- Financial charges +€1,890
up €1,890 (+74.8%), from €2,527 to €4,417
of which Non-recurring financial charges: +€2,101
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 | €94,077 | €120,535 | +€26,458 | +28.1% |
| Fixed assets | 21/28 | €14,838 | €5,264 | -€9,574 | -64.5% |
| Tangible fixed assets | 22/27 | €12,688 | €5,264 | -€7,424 | -58.5% |
| Land and buildings | 22 | €2,970 | - | -€2,970 | |
| Plant, machinery and equipment | 23 | €2,913 | €1,090 | -€1,823 | -62.6% |
| Furniture and vehicles | 24 | €6,806 | €4,174 | -€2,632 | -38.7% |
| Financial fixed assets | 28 | €2,150 | - | -€2,150 | |
| Current assets | 29/58 | €79,239 | €115,270 | +€36,032 | +45.5% |
| Stocks and contracts in progress | 3 | €480 | - | -€480 | |
| Stocks | 30/36 | €480 | - | -€480 | |
| Amounts receivable within one year | 40/41 | €32,599 | €48,782 | +€16,182 | +49.6% |
| Other amounts receivable | 41 | €32,599 | €48,782 | +€16,182 | +49.6% |
| Cash at bank and in hand | 54/58 | €46,160 | €66,489 | +€20,329 | +44.0% |
| Total equity and liabilities | 10/49 | €94,077 | €120,535 | +€26,458 | +28.1% |
| Equity | 10/15 | €71,972 | €90,075 | +€18,102 | +25.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,521 | €69,623 | +€18,102 | +35.1% |
| Provisions and deferred taxes | 16 | - | €5,250 | +€5,250 | |
| Provisions for liabilities and charges | 160/5 | - | €5,250 | +€5,250 | |
| Other liabilities and charges | 164/5 | - | €5,250 | +€5,250 | |
| Amounts payable | 17/49 | €22,105 | €25,210 | +€3,105 | +14.0% |
| Amounts payable within one year | 42/48 | €22,105 | €25,210 | +€3,105 | +14.0% |
| Trade debts | 44 | €4,216 | €788 | -€3,428 | -81.3% |
| Suppliers | 440/4 | €4,216 | €788 | -€3,428 | -81.3% |
| Taxes, remuneration and social security | 45 | €17,889 | €18,922 | +€1,033 | +5.8% |
| Taxes | 450/3 | €17,889 | €18,922 | +€1,033 | +5.8% |
| Other amounts payable | 47/48 | - | €5,500 | +€5,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,477 | €4,782 | -€694 | -12.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €5,250 | +€5,250 | |
| Other operating charges | 640/8 | €1,474 | €2,592 | +€1,118 | +75.8% |
| Non-recurring operating charges | 66A | - | €756 | +€756 | |
| Gross operating margin | 9900 | €12,590 | -€13,141 | -€25,731 | |
| Operating profit (loss) | 9901 | €5,639 | -€26,521 | -€32,160 | |
| Financial income | 75/76B | - | €60,000 | +€60,000 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €60,000 | +€60,000 | |
| Financial charges | 65/66B | €2,527 | €4,417 | +€1,890 | +74.8% |
| Recurring financial charges | 65 | €329 | €119 | -€211 | -63.9% |
| Non-recurring financial charges | 66B | €2,197 | €4,298 | +€2,101 | +95.6% |
| Profit (loss) for the period before taxes | 9903 | €3,113 | €29,062 | +€25,950 | +834% |
| Income taxes | 67/77 | €1,274 | €5,460 | +€4,186 | +329% |
| Profit (loss) for the period | 9904 | €1,839 | €23,602 | +€21,763 | +1,184% |
| Profit (loss) for the period to be appropriated | 9905 | €1,839 | €23,602 | +€21,763 | +1,184% |
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 21 October 2026 via checked.be.