SPUTNIK: 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.
SPUTNIK
Largest movements
- Cash -€5,402
down €5,402 (-70.6%), from €7,648 to €2,246
mainly Net result for the year (-€22,589) and Tax, wage and social debts (-€5,813)
- Other debts +€23,000
up €23,000 (+4781.7%), from €481 to €23,481
- Profit (loss) carried forward -€22,589
down €22,589 (-761.6%), from -€2,966 to -€25,555
- Tax, wage and social debts -€5,813
down €5,813 (-100.0%), from €5,813 to €0
of which Taxes: -€5,813
- Gross operating margin -€133,024
down €133,024 (-100.0%), from €133,024 to €0
- Staff costs -€104,593
down €104,593 (-99.5%), from €105,125 to €532
- Taxes +€15,653
up €15,653 (+269.3%), from €5,813 to €21,466
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 | €207,475 | €202,073 | -€5,402 | -2.6% |
| Current assets | 29/58 | €207,475 | €202,073 | -€5,402 | -2.6% |
| Amounts receivable after more than one year | 29 | €199,827 | €199,827 | = | 0.0% |
| Other amounts receivable | 291 | €199,827 | €199,827 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,648 | €2,246 | -€5,402 | -70.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €207,475 | €202,073 | -€5,402 | -2.6% |
| Equity | 10/15 | €196,181 | €173,592 | -€22,589 | -11.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €180,547 | €180,547 | = | 0.0% |
| Distributable reserves | 133 | €180,547 | €180,547 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,966 | -€25,555 | -€22,589 | -761.6% |
| Amounts payable | 17/49 | €11,294 | €28,481 | +€17,187 | +152.2% |
| Amounts payable within one year | 42/48 | €11,294 | €28,481 | +€17,187 | +152.2% |
| Trade debts | 44 | €5,000 | €5,000 | = | 0.0% |
| Suppliers | 440/4 | €5,000 | €5,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,813 | €0 | -€5,813 | -100.0% |
| Taxes | 450/3 | €5,813 | €0 | -€5,813 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €481 | €23,481 | +€23,000 | +4781.7% |
| Remuneration, social security and pensions | 62 | €105,125 | €532 | -€104,593 | -99.5% |
| Other operating charges | 640/8 | €492 | €550 | +€57 | +11.7% |
| Gross operating margin | 9900 | €133,024 | €0 | -€133,024 | -100.0% |
| Operating profit (loss) | 9901 | €27,407 | -€1,082 | -€28,489 | |
| Financial charges | 65/66B | €42 | €42 | = | 0.0% |
| Recurring financial charges | 65 | €42 | €42 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €27,365 | -€1,124 | -€28,489 | |
| Income taxes | 67/77 | €5,813 | €21,466 | +€15,653 | +269.3% |
| Profit (loss) for the period | 9904 | €21,552 | -€22,589 | -€44,141 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,552 | -€22,589 | -€44,141 |
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 8 October 2026 via checked.be.