Spots Unlimited: what changed
What changed
Spots Unlimited
NACE 47.552, Retail sale of lighting equipment
filed annual accounts (NBB)
Net result for the year
€85,969
2024 · €346,886-€260,917
Equity
€1.4m
2024 · €1.4m+€4,703
Cash
€357,165
2024 · €278,101+€79,064
Balance sheet total
€2.1m
2024 · €2.5m-€316,463
Largest movements
Assets
- Tangible fixed assets -€324,305
down €324,305 (-19.8%), from €1.6m to €1.3m
of which Furniture and vehicles: -€166,012
- Cash +€79,064
up €79,064 (+28.4%), from €278,101 to €357,165
mainly Depreciation (+€507,231) and Net result for the year (+€85,969)
- Receivables within one year -€74,713
down €74,713 (-20.0%), from €373,826 to €299,113
of which Trade receivables: -€118,358
- Stocks and contracts +€25,626
up €25,626 (+32.7%), from €78,330 to €103,956
Equity and liabilities
- Debts after one year -€173,998
down €173,998 (-32.9%), from €529,432 to €355,434
- Other debts -€100,568
down €100,568 (-54.9%), from €183,288 to €82,720
- Trade debts -€69,308
down €69,308 (-57.4%), from €120,760 to €51,452
Income statement
- Gross operating margin -€285,941
down €285,941 (-30.1%), from €951,027 to €665,086
- Taxes -€81,262
down €81,262 (-77.3%), from €105,173 to €23,911
- Depreciation +€57,622
up €57,622 (+12.8%), from €449,609 to €507,231
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€346,886
Gross operating margin
-€285,941
Staff costs
-€1,898
Depreciation
-€57,622
Other operating charges
+€585
Financial income
+€2,338
Financial charges
+€359
Taxes
+€81,262
Result 2025
€85,969
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€510,512
Investment
-€182,095
Financing
-€249,353
Cash 2024
€278,101
From operations (derived)
+€510,512
Net result for the year
+€85,969
Depreciation
+€507,231
Stocks and contracts
-€25,626
Receivables within one year
+€74,713
Deferred charges and accrued income
+€21,304
Trade debts
-€69,308
Tax, wage and social debts
+€16,797
Other debts
-€100,568
Investment (derived)
-€182,095
Investment in fixed assets (net)
-€182,095
Financing
-€249,353
Debts after one year
-€173,998
Current portion of long-term debt
+€5,911
Contributions, distributions and other
-€81,266
Cash 2025
€357,165
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,458,756 | €2,142,293 | -€316,463 | -12.9% |
| Fixed assets | 21/28 | €1,641,360 | €1,316,224 | -€325,136 | -19.8% |
| Intangible fixed assets | 21 | €681 | - | -€681 | |
| Tangible fixed assets | 22/27 | €1,636,299 | €1,311,994 | -€324,305 | -19.8% |
| Land and buildings | 22 | €363,423 | €345,023 | -€18,400 | -5.1% |
| Plant, machinery and equipment | 23 | €20,739 | €14,528 | -€6,211 | -29.9% |
| Furniture and vehicles | 24 | €823,066 | €657,054 | -€166,012 | -20.2% |
| Leasing and similar rights | 25 | €429,071 | €295,389 | -€133,682 | -31.2% |
| Financial fixed assets | 28 | €4,380 | €4,230 | -€150 | -3.4% |
| Current assets | 29/58 | €817,396 | €826,069 | +€8,673 | +1.1% |
| Stocks and contracts in progress | 3 | €78,330 | €103,956 | +€25,626 | +32.7% |
| Stocks | 30/36 | €78,330 | €103,956 | +€25,626 | +32.7% |
| Amounts receivable within one year | 40/41 | €373,826 | €299,113 | -€74,713 | -20.0% |
| Trade receivables | 40 | €329,436 | €211,078 | -€118,358 | -35.9% |
| Other amounts receivable | 41 | €44,390 | €88,035 | +€43,645 | +98.3% |
| Cash at bank and in hand | 54/58 | €278,101 | €357,165 | +€79,064 | +28.4% |
| Deferred charges and accrued income | 490/1 | €87,139 | €65,835 | -€21,304 | -24.4% |
| Total equity and liabilities | 10/49 | €2,458,756 | €2,142,293 | -€316,463 | -12.9% |
| Equity | 10/15 | €1,358,702 | €1,363,405 | +€4,703 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,340,837 | €1,344,197 | +€3,360 | +0.3% |
| Tax-exempt reserves | 132 | €28,350 | €28,350 | = | 0.0% |
| Distributable reserves | 133 | €1,312,487 | €1,315,847 | +€3,360 | +0.3% |
| Profit (loss) carried forward | 14 | -€735 | €608 | +€1,343 | |
| Amounts payable | 17/49 | €1,100,054 | €778,888 | -€321,166 | -29.2% |
| Amounts payable after more than one year | 17 | €529,432 | €355,434 | -€173,998 | -32.9% |
| Financial debts | 170/4 | €529,432 | €355,434 | -€173,998 | -32.9% |
| Amounts payable within one year | 42/48 | €570,622 | €423,454 | -€147,168 | -25.8% |
| Current portion of amounts payable after more than one year | 42 | €246,327 | €252,238 | +€5,911 | +2.4% |
| Trade debts | 44 | €120,760 | €51,452 | -€69,308 | -57.4% |
| Suppliers | 440/4 | €120,760 | €51,452 | -€69,308 | -57.4% |
| Taxes, remuneration and social security | 45 | €20,247 | €37,044 | +€16,797 | +83.0% |
| Taxes | 450/3 | €19,000 | €36,401 | +€17,401 | +91.6% |
| Remuneration and social security | 454/9 | €1,247 | €643 | -€604 | -48.4% |
| Other amounts payable | 47/48 | €183,288 | €82,720 | -€100,568 | -54.9% |
| Non-recurring operating income | 76A | €4,300 | €14,200 | +€9,900 | +230% |
| Remuneration, social security and pensions | 62 | €9,267 | €11,165 | +€1,898 | +20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €449,609 | €507,231 | +€57,622 | +12.8% |
| Other operating charges | 640/8 | €9,948 | €9,363 | -€585 | -5.9% |
| Gross operating margin | 9900 | €951,027 | €665,086 | -€285,941 | -30.1% |
| Operating profit (loss) | 9901 | €482,203 | €137,327 | -€344,876 | -71.5% |
| Financial income | 75/76B | - | €2,338 | +€2,338 | |
| Recurring financial income | 75 | - | €2,338 | +€2,338 | |
| Financial charges | 65/66B | €30,144 | €29,785 | -€359 | -1.2% |
| Recurring financial charges | 65 | €30,144 | €29,785 | -€359 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €452,059 | €109,880 | -€342,179 | -75.7% |
| Income taxes | 67/77 | €105,173 | €23,911 | -€81,262 | -77.3% |
| Profit (loss) for the period | 9904 | €346,886 | €85,969 | -€260,917 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €346,886 | €85,969 | -€260,917 | -75.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.