SPWORK&FUN: 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.
SPWORK&FUN
Largest movements
- Receivables within one year +€17,221
up €17,221 (+37.9%), from €45,482 to €62,703
of which Other amounts receivable: +€14,696
- Cash +€7,541
new in 2025: €7,541
mainly Net result for the year (+€21,289) and Trade debts (+€4,724)
- Tangible fixed assets -€2,374
down €2,374 (-88.3%), from €2,688 to €313
of which Plant, machinery and equipment: -€1,698
- Profit (loss) carried forward +€21,289
up €21,289 (+76.1%), from €27,966 to €49,255
- Trade debts +€4,724
up €4,724 (+1314.1%), from €359 to €5,084
- Current portion of long-term debt -€3,144
no longer reported in 2025 (was €3,144)
- Gross operating margin +€8,054
up €8,054 (+30.5%), from €26,432 to €34,487
- Taxes +€2,769
up €2,769 (+66.2%), from €4,183 to €6,952
- Financial charges -€835
down €835 (-19.9%), from €4,206 to €3,371
- Depreciation -€405
down €405 (-14.6%), from €2,779 to €2,374
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 | €48,839 | €71,252 | +€22,412 | +45.9% |
| Fixed assets | 21/28 | €2,788 | €413 | -€2,374 | -85.2% |
| Tangible fixed assets | 22/27 | €2,688 | €313 | -€2,374 | -88.3% |
| Plant, machinery and equipment | 23 | €1,862 | €164 | -€1,698 | -91.2% |
| Furniture and vehicles | 24 | €826 | €149 | -€676 | -81.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €46,051 | €70,838 | +€24,787 | +53.8% |
| Amounts receivable within one year | 40/41 | €45,482 | €62,703 | +€17,221 | +37.9% |
| Trade receivables | 40 | €3,725 | €6,250 | +€2,525 | +67.8% |
| Other amounts receivable | 41 | €41,758 | €56,453 | +€14,696 | +35.2% |
| Cash at bank and in hand | 54/58 | - | €7,541 | +€7,541 | |
| Deferred charges and accrued income | 490/1 | €569 | €594 | +€25 | +4.3% |
| Total equity and liabilities | 10/49 | €48,839 | €71,252 | +€22,412 | +45.9% |
| Equity | 10/15 | €32,966 | €54,255 | +€21,289 | +64.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,966 | €49,255 | +€21,289 | +76.1% |
| Amounts payable | 17/49 | €15,873 | €16,997 | +€1,124 | +7.1% |
| Amounts payable within one year | 42/48 | €15,873 | €16,997 | +€1,124 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €3,144 | - | -€3,144 | |
| Financial debts | 43 | €341 | - | -€341 | |
| Credit institutions | 430/8 | €341 | - | -€341 | |
| Trade debts | 44 | €359 | €5,084 | +€4,724 | +1314.1% |
| Suppliers | 440/4 | €359 | €5,084 | +€4,724 | +1314.1% |
| Taxes, remuneration and social security | 45 | €12,029 | €11,913 | -€116 | -1.0% |
| Taxes | 450/3 | €12,029 | €11,913 | -€116 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,779 | €2,374 | -€405 | -14.6% |
| Other operating charges | 640/8 | €617 | €501 | -€116 | -18.9% |
| Non-recurring operating charges | 66A | €2,881 | - | -€2,881 | |
| Gross operating margin | 9900 | €26,432 | €34,487 | +€8,054 | +30.5% |
| Operating profit (loss) | 9901 | €20,155 | €31,612 | +€11,456 | +56.8% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €4,206 | €3,371 | -€835 | -19.9% |
| Recurring financial charges | 65 | €4,206 | €3,371 | -€835 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €15,954 | €28,241 | +€12,287 | +77.0% |
| Income taxes | 67/77 | €4,183 | €6,952 | +€2,769 | +66.2% |
| Profit (loss) for the period | 9904 | €11,771 | €21,289 | +€9,518 | +80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,771 | €21,289 | +€9,518 | +80.9% |
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 9 October 2026 via checked.be.