SPUR GROUP: 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.
SPUR GROUP
Largest movements
- Receivables within one year -€70,902
down €70,902 (-97.8%), from €72,466 to €1,564
of which Trade receivables: -€72,466
- Cash -€18,197
down €18,197 (-79.6%), from €22,860 to €4,663
mainly Trade debts (-€57,832) and Net result for the year (-€29,076)
- Tangible fixed assets -€3,438
down €3,438 (-29.5%), from €11,648 to €8,210
- Trade debts -€57,832
down €57,832 (-81.5%), from €70,996 to €13,164
- Profit (loss) carried forward -€29,076
down €29,076, from €11,749 to -€17,327
- Tax, wage and social debts -€5,629
no longer reported in 2024 (was €5,629)
- Gross operating margin -€33,392
down €33,392, from €13,387 to -€20,005
- Taxes +€666
up €666 (+35.6%), from €1,869 to €2,535
- Other operating charges -€393
down €393 (-38.8%), from €1,013 to €620
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,974 | €14,438 | -€92,536 | -86.5% |
| Fixed assets | 21/28 | €11,648 | €8,210 | -€3,438 | -29.5% |
| Tangible fixed assets | 22/27 | €11,648 | €8,210 | -€3,438 | -29.5% |
| Furniture and vehicles | 24 | €11,648 | €8,210 | -€3,438 | -29.5% |
| Current assets | 29/58 | €95,326 | €6,228 | -€89,098 | -93.5% |
| Amounts receivable within one year | 40/41 | €72,466 | €1,564 | -€70,902 | -97.8% |
| Trade receivables | 40 | €72,466 | - | -€72,466 | |
| Other amounts receivable | 41 | - | €1,564 | +€1,564 | |
| Cash at bank and in hand | 54/58 | €22,860 | €4,663 | -€18,197 | -79.6% |
| Total equity and liabilities | 10/49 | €106,974 | €14,438 | -€92,536 | -86.5% |
| Equity | 10/15 | €30,349 | €1,273 | -€29,076 | -95.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,749 | -€17,327 | -€29,076 | |
| Amounts payable | 17/49 | €76,625 | €13,164 | -€63,461 | -82.8% |
| Amounts payable within one year | 42/48 | €76,625 | €13,164 | -€63,461 | -82.8% |
| Trade debts | 44 | €70,996 | €13,164 | -€57,832 | -81.5% |
| Suppliers | 440/4 | €70,996 | €13,164 | -€57,832 | -81.5% |
| Taxes, remuneration and social security | 45 | €5,629 | - | -€5,629 | |
| Taxes | 450/3 | €5,629 | - | -€5,629 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,438 | €3,438 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,013 | €620 | -€393 | -38.8% |
| Non-recurring operating charges | 66A | €1,261 | €2,200 | +€939 | +74.5% |
| Gross operating margin | 9900 | €13,387 | -€20,005 | -€33,392 | |
| Operating profit (loss) | 9901 | €7,675 | -€26,263 | -€33,938 | |
| Financial income | 75/76B | - | €111 | +€111 | |
| Recurring financial income | 75 | - | €111 | +€111 | |
| Financial charges | 65/66B | €461 | €389 | -€72 | -15.6% |
| Recurring financial charges | 65 | €461 | €389 | -€72 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €7,214 | -€26,541 | -€33,755 | |
| Income taxes | 67/77 | €1,869 | €2,535 | +€666 | +35.6% |
| Profit (loss) for the period | 9904 | €5,345 | -€29,076 | -€34,421 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,345 | -€29,076 | -€34,421 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.