Spreadilicious: 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.
Spreadilicious
Largest movements
- Receivables within one year +€524,901
up €524,901 (+261.4%), from €200,778 to €725,679
of which Trade receivables: +€495,283
- Stocks and contracts +€99,141
up €99,141 (+43.4%), from €228,550 to €327,691
- Tangible fixed assets +€60,618
up €60,618 (+10.9%), from €554,352 to €614,970
of which Furniture and vehicles: +€43,544
- Trade debts +€592,765
up €592,765 (+205.3%), from €288,788 to €881,553
- Debts after one year +€27,962
up €27,962 (+4.0%), from €701,786 to €729,748
of which Financial debts: +€27,962
- Short-term financial debts +€26,000
new in 2025: €26,000
- Reserves +€20,529
new in 2025: €20,529
- Current portion of long-term debt +€19,479
up €19,479 (+77.6%), from €25,092 to €44,571
- Gross operating margin +€209,706
up €209,706 (+222.5%), from €94,260 to €303,967
- Staff costs +€125,329
up €125,329 (+613.5%), from €20,427 to €145,756
- Depreciation +€18,375
up €18,375 (+37.2%), from €49,358 to €67,733
- Financial charges +€3,807
up €3,807 (+17.8%), from €21,405 to €25,212
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 | €1,045,123 | €1,737,061 | +€691,938 | +66.2% |
| Fixed assets | 21/28 | €567,852 | €626,970 | +€59,118 | +10.4% |
| Intangible fixed assets | 21 | €13,500 | €12,000 | -€1,500 | -11.1% |
| Tangible fixed assets | 22/27 | €554,352 | €614,970 | +€60,618 | +10.9% |
| Plant, machinery and equipment | 23 | €515,683 | €532,757 | +€17,074 | +3.3% |
| Furniture and vehicles | 24 | €38,670 | €82,213 | +€43,544 | +112.6% |
| Current assets | 29/58 | €477,270 | €1,110,090 | +€632,820 | +132.6% |
| Stocks and contracts in progress | 3 | €228,550 | €327,691 | +€99,141 | +43.4% |
| Stocks | 30/36 | €228,550 | €327,691 | +€99,141 | +43.4% |
| Amounts receivable within one year | 40/41 | €200,778 | €725,679 | +€524,901 | +261.4% |
| Trade receivables | 40 | €158,232 | €653,515 | +€495,283 | +313.0% |
| Other amounts receivable | 41 | €42,547 | €72,164 | +€29,617 | +69.6% |
| Cash at bank and in hand | 54/58 | €38,526 | €42,752 | +€4,226 | +11.0% |
| Deferred charges and accrued income | 490/1 | €9,416 | €13,969 | +€4,553 | +48.4% |
| Total equity and liabilities | 10/49 | €1,045,123 | €1,737,061 | +€691,938 | +66.2% |
| Equity | 10/15 | €10,732 | €30,529 | +€19,797 | +184.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €20,529 | +€20,529 | |
| Distributable reserves | 133 | - | €20,529 | +€20,529 | |
| Profit (loss) carried forward | 14 | €732 | - | -€732 | |
| Amounts payable | 17/49 | €1,034,390 | €1,706,531 | +€672,141 | +65.0% |
| Amounts payable after more than one year | 17 | €701,786 | €729,748 | +€27,962 | +4.0% |
| Financial debts | 170/4 | €101,786 | €129,748 | +€27,962 | +27.5% |
| Other amounts payable | 178/9 | €600,000 | €600,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €328,080 | €976,320 | +€648,240 | +197.6% |
| Current portion of amounts payable after more than one year | 42 | €25,092 | €44,571 | +€19,479 | +77.6% |
| Financial debts | 43 | - | €26,000 | +€26,000 | |
| Credit institutions | 430/8 | - | €26,000 | +€26,000 | |
| Trade debts | 44 | €288,788 | €881,553 | +€592,765 | +205.3% |
| Suppliers | 440/4 | €288,788 | €881,553 | +€592,765 | +205.3% |
| Taxes, remuneration and social security | 45 | €14,200 | €24,196 | +€9,996 | +70.4% |
| Taxes | 450/3 | €4,533 | €9,587 | +€5,054 | +111.5% |
| Remuneration and social security | 454/9 | €9,667 | €14,608 | +€4,942 | +51.1% |
| Accrued charges and deferred income | 492/3 | €4,525 | €464 | -€4,061 | -89.8% |
| Remuneration, social security and pensions | 62 | €20,427 | €145,756 | +€125,329 | +613.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,358 | €67,733 | +€18,375 | +37.2% |
| Other operating charges | 640/8 | €213 | €577 | +€364 | +170.8% |
| Non-recurring operating charges | 66A | - | €40,095 | +€40,095 | |
| Gross operating margin | 9900 | €94,260 | €303,967 | +€209,706 | +222.5% |
| Operating profit (loss) | 9901 | €24,262 | €49,806 | +€25,544 | +105.3% |
| Financial income | 75/76B | €9 | €108 | +€99 | +1153.0% |
| Recurring financial income | 75 | €9 | €108 | +€99 | +1153.0% |
| Financial charges | 65/66B | €21,405 | €25,212 | +€3,807 | +17.8% |
| Recurring financial charges | 65 | €21,405 | €25,212 | +€3,807 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €2,866 | €24,701 | +€21,836 | +762.0% |
| Income taxes | 67/77 | €2,133 | €4,904 | +€2,771 | +129.9% |
| Profit (loss) for the period | 9904 | €732 | €19,797 | +€19,065 | +2602.9% |
| Profit (loss) for the period to be appropriated | 9905 | €732 | €19,797 | +€19,065 | +2602.9% |
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 30 September 2026 via checked.be.