SPYTOOTH: 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.
SPYTOOTH
Largest movements
- Cash -€36,740
down €36,740 (-41.3%), from €88,999 to €52,260
mainly Contributions, distributions and other (-€55,000) and Current investments (-€23,637)
- Current investments +€23,637
up €23,637 (+9.1%), from €258,645 to €282,282
- Tangible fixed assets -€10,163
down €10,163 (-33.2%), from €30,638 to €20,475
of which Furniture and vehicles: -€12,096
- Profit (loss) carried forward -€27,134
down €27,134 (-73.9%), from €36,729 to €9,596
- Reserves +€5,000
up €5,000 (+1.6%), from €304,360 to €309,360
- Current portion of long-term debt -€4,496
no longer reported in 2025 (was €4,496)
- Gross operating margin -€6,783
down €6,783 (-9.8%), from €69,255 to €62,472
- Taxes +€6,095
up €6,095 (+59.8%), from €10,195 to €16,289
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 | €392,601 | €368,147 | -€24,453 | -6.2% |
| Fixed assets | 21/28 | €30,664 | €20,501 | -€10,163 | -33.1% |
| Tangible fixed assets | 22/27 | €30,638 | €20,475 | -€10,163 | -33.2% |
| Plant, machinery and equipment | 23 | €2,080 | €4,014 | +€1,934 | +93.0% |
| Furniture and vehicles | 24 | €28,558 | €16,462 | -€12,096 | -42.4% |
| Financial fixed assets | 28 | €26 | €26 | = | 0.0% |
| Current assets | 29/58 | €361,937 | €347,646 | -€14,291 | -3.9% |
| Amounts receivable within one year | 40/41 | €1,383 | €2,887 | +€1,504 | +108.7% |
| Other amounts receivable | 41 | €1,383 | €2,887 | +€1,504 | +108.7% |
| Current investments | 50/53 | €258,645 | €282,282 | +€23,637 | +9.1% |
| Cash at bank and in hand | 54/58 | €88,999 | €52,260 | -€36,740 | -41.3% |
| Deferred charges and accrued income | 490/1 | €12,910 | €10,218 | -€2,692 | -20.8% |
| Total equity and liabilities | 10/49 | €392,601 | €368,147 | -€24,453 | -6.2% |
| Equity | 10/15 | €353,489 | €331,356 | -€22,134 | -6.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €304,360 | €309,360 | +€5,000 | +1.6% |
| Distributable reserves | 133 | €304,360 | €309,360 | +€5,000 | +1.6% |
| Profit (loss) carried forward | 14 | €36,729 | €9,596 | -€27,134 | -73.9% |
| Amounts payable | 17/49 | €39,111 | €36,792 | -€2,320 | -5.9% |
| Amounts payable within one year | 42/48 | €39,111 | €36,792 | -€2,320 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €4,496 | - | -€4,496 | |
| Trade debts | 44 | €812 | €1,303 | +€491 | +60.5% |
| Suppliers | 440/4 | €812 | €1,303 | +€491 | +60.5% |
| Taxes, remuneration and social security | 45 | €3,803 | €5,488 | +€1,685 | +44.3% |
| Taxes | 450/3 | €3,803 | €5,488 | +€1,685 | +44.3% |
| Other amounts payable | 47/48 | €30,000 | €30,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,758 | €14,308 | +€550 | +4.0% |
| Other operating charges | 640/8 | €500 | €507 | +€7 | +1.4% |
| Gross operating margin | 9900 | €69,255 | €62,472 | -€6,783 | -9.8% |
| Operating profit (loss) | 9901 | €54,997 | €47,657 | -€7,340 | -13.3% |
| Financial income | 75/76B | €1,233 | €1,626 | +€393 | +31.9% |
| Recurring financial income | 75 | €1,233 | €1,626 | +€393 | +31.9% |
| Financial charges | 65/66B | €263 | €128 | -€135 | -51.4% |
| Recurring financial charges | 65 | €263 | €128 | -€135 | -51.4% |
| Profit (loss) for the period before taxes | 9903 | €55,967 | €49,155 | -€6,811 | -12.2% |
| Income taxes | 67/77 | €10,195 | €16,289 | +€6,095 | +59.8% |
| Profit (loss) for the period | 9904 | €45,772 | €32,866 | -€12,906 | -28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,772 | €32,866 | -€12,906 | -28.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.