SWEETSPOT: 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.
SWEETSPOT
Largest movements
- Receivables after one year +€133,716
new in 2025: €133,716
- Cash -€67,465
down €67,465 (-99.6%), from €67,741 to €276
mainly Receivables after one year (-€133,716) and Other debts (-€44,900)
- Receivables within one year -€51,958
down €51,958 (-86.4%), from €60,156 to €8,199
of which Other amounts receivable: -€51,970
- Reserves +€47,693
new in 2025: €47,693
- Other debts -€44,900
down €44,900 (-95.3%), from €47,100 to €2,200
- Tax, wage and social debts +€11,411
up €11,411 (+674.1%), from €1,693 to €13,104
- Gross operating margin +€87,036
up €87,036, from -€6,653 to €80,382
- Taxes +€13,070
up €13,070 (+18407.9%), from €71 to €13,141
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 | €369,859 | €384,338 | +€14,479 | +3.9% |
| Fixed assets | 21/28 | €240,051 | €240,527 | +€476 | +0.2% |
| Tangible fixed assets | 22/27 | €240,007 | €240,483 | +€476 | +0.2% |
| Land and buildings | 22 | €236,927 | €239,830 | +€2,903 | +1.2% |
| Furniture and vehicles | 24 | €3,080 | €653 | -€2,427 | -78.8% |
| Financial fixed assets | 28 | €44 | €44 | = | 0.0% |
| Current assets | 29/58 | €129,809 | €143,811 | +€14,003 | +10.8% |
| Amounts receivable after more than one year | 29 | - | €133,716 | +€133,716 | |
| Trade receivables | 290 | - | €133,716 | +€133,716 | |
| Amounts receivable within one year | 40/41 | €60,156 | €8,199 | -€51,958 | -86.4% |
| Trade receivables | 40 | €186 | €198 | +€12 | +6.6% |
| Other amounts receivable | 41 | €59,971 | €8,001 | -€51,970 | -86.7% |
| Cash at bank and in hand | 54/58 | €67,741 | €276 | -€67,465 | -99.6% |
| Deferred charges and accrued income | 490/1 | €1,912 | €1,621 | -€291 | -15.2% |
| Total equity and liabilities | 10/49 | €369,859 | €384,338 | +€14,479 | +3.9% |
| Equity | 10/15 | €105,068 | €152,761 | +€47,693 | +45.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €47,693 | +€47,693 | |
| Distributable reserves | 133 | - | €47,693 | +€47,693 | |
| Profit (loss) carried forward | 14 | €100,068 | €100,068 | = | 0.0% |
| Amounts payable | 17/49 | €264,792 | €231,577 | -€33,215 | -12.5% |
| Amounts payable after more than one year | 17 | €205,886 | €206,579 | +€693 | +0.3% |
| Financial debts | 170/4 | €205,886 | €206,579 | +€693 | +0.3% |
| Amounts payable within one year | 42/48 | €57,417 | €24,935 | -€32,482 | -56.6% |
| Current portion of amounts payable after more than one year | 42 | €7,984 | €9,259 | +€1,275 | +16.0% |
| Trade debts | 44 | €640 | €372 | -€268 | -41.9% |
| Suppliers | 440/4 | €640 | €372 | -€268 | -41.9% |
| Taxes, remuneration and social security | 45 | €1,693 | €13,104 | +€11,411 | +674.1% |
| Taxes | 450/3 | €1,693 | €13,104 | +€11,411 | +674.1% |
| Other amounts payable | 47/48 | €47,100 | €2,200 | -€44,900 | -95.3% |
| Accrued charges and deferred income | 492/3 | €1,489 | €64 | -€1,425 | -95.7% |
| Non-recurring operating income | 76A | €7,443 | - | -€7,443 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,525 | €9,319 | -€206 | -2.2% |
| Other operating charges | 640/8 | €1,312 | €602 | -€710 | -54.1% |
| Gross operating margin | 9900 | -€6,653 | €80,382 | +€87,036 | |
| Operating profit (loss) | 9901 | -€17,490 | €70,462 | +€87,952 | |
| Financial charges | 65/66B | €9,466 | €9,628 | +€162 | +1.7% |
| Recurring financial charges | 65 | €9,466 | €9,628 | +€162 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€26,957 | €60,834 | +€87,790 | |
| Income taxes | 67/77 | €71 | €13,141 | +€13,070 | +18407.9% |
| Profit (loss) for the period | 9904 | -€27,028 | €47,693 | +€74,721 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,028 | €47,693 | +€74,721 |
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 28 September 2026 via checked.be.