'T SPAANS DAK: 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.
'T SPAANS DAK
Largest movements
- Receivables within one year -€49,906
down €49,906 (-90.4%), from €55,214 to €5,308
of which Other amounts receivable: -€45,766
- Tangible fixed assets -€30,522
down €30,522 (-12.7%), from €239,403 to €208,881
of which Land and buildings: -€32,729
- Current investments +€8,000
up €8,000 (+19.7%), from €40,528 to €48,528
- Cash -€3,770
down €3,770 (-60.7%), from €6,208 to €2,439
mainly Other debts (-€57,768) and Debts after one year (-€20,960)
- Other debts -€57,768
down €57,768 (-100%), from €57,768 to €0
- Profit (loss) carried forward +€24,527
up €24,527 (+39.8%), from -€61,675 to -€37,148
- Debts after one year -€20,960
down €20,960 (-92.1%), from €22,763 to €1,803
- Tax, wage and social debts -€14,477
down €14,477 (-68.8%), from €21,040 to €6,563
of which Taxes: -€12,347
- Trade debts -€5,274
down €5,274 (-57.8%), from €9,126 to €3,852
- Gross operating margin +€17,553
up €17,553 (+16.0%), from €109,721 to €127,274
- Staff costs +€2,916
up €2,916 (+4.8%), from €60,161 to €63,076
- Financial charges -€1,739
down €1,739 (-41.1%), from €4,229 to €2,490
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.
Derived cash bridge
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 | €361,151 | €285,610 | -€75,541 | -20.9% |
| Fixed assets | 21/28 | €239,403 | €208,881 | -€30,522 | -12.7% |
| Tangible fixed assets | 22/27 | €239,403 | €208,881 | -€30,522 | -12.7% |
| Land and buildings | 22 | €234,397 | €201,668 | -€32,729 | -14.0% |
| Plant, machinery and equipment | 23 | €3,557 | €6,366 | +€2,808 | +79.0% |
| Furniture and vehicles | 24 | €1,449 | €848 | -€601 | -41.5% |
| Current assets | 29/58 | €121,748 | €76,728 | -€45,019 | -37.0% |
| Stocks and contracts in progress | 3 | €12,111 | €12,867 | +€756 | +6.2% |
| Stocks | 30/36 | €12,111 | €12,867 | +€756 | +6.2% |
| Amounts receivable within one year | 40/41 | €55,214 | €5,308 | -€49,906 | -90.4% |
| Trade receivables | 40 | €4,140 | €0 | -€4,140 | -100% |
| Other amounts receivable | 41 | €51,074 | €5,308 | -€45,766 | -89.6% |
| Current investments | 50/53 | €40,528 | €48,528 | +€8,000 | +19.7% |
| Cash at bank and in hand | 54/58 | €6,208 | €2,439 | -€3,770 | -60.7% |
| Deferred charges and accrued income | 490/1 | €7,687 | €7,587 | -€100 | -1.3% |
| Total equity and liabilities | 10/49 | €361,151 | €285,610 | -€75,541 | -20.9% |
| Equity | 10/15 | €207,307 | €231,835 | +€24,527 | +11.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €243,982 | €243,982 | = | 0.0% |
| Distributable reserves | 133 | €243,982 | €243,982 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,675 | -€37,148 | +€24,527 | +39.8% |
| Provisions and deferred taxes | 16 | €20,555 | €20,555 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,555 | €20,555 | = | 0.0% |
| Pensions and similar obligations | 160 | €20,555 | €20,555 | = | 0.0% |
| Environmental obligations | 163 | - | €0 | = | |
| Amounts payable | 17/49 | €133,289 | €33,220 | -€100,069 | -75.1% |
| Amounts payable after more than one year | 17 | €22,763 | €1,803 | -€20,960 | -92.1% |
| Financial debts | 170/4 | €22,763 | €1,803 | -€20,960 | -92.1% |
| Amounts payable within one year | 42/48 | €110,526 | €31,418 | -€79,108 | -71.6% |
| Current portion of amounts payable after more than one year | 42 | €22,308 | €20,960 | -€1,347 | -6.0% |
| Financial debts | 43 | €284 | €42 | -€242 | -85.2% |
| Credit institutions | 430/8 | €284 | €42 | -€242 | -85.2% |
| Trade debts | 44 | €9,126 | €3,852 | -€5,274 | -57.8% |
| Suppliers | 440/4 | €9,126 | €3,852 | -€5,274 | -57.8% |
| Taxes, remuneration and social security | 45 | €21,040 | €6,563 | -€14,477 | -68.8% |
| Taxes | 450/3 | €16,819 | €4,472 | -€12,347 | -73.4% |
| Remuneration and social security | 454/9 | €4,221 | €2,091 | -€2,131 | -50.5% |
| Other amounts payable | 47/48 | €57,768 | €0 | -€57,768 | -100% |
| Non-recurring operating income | 76A | €2,173 | €1,707 | -€466 | -21.5% |
| Remuneration, social security and pensions | 62 | €60,161 | €63,076 | +€2,916 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,051 | €36,003 | -€48 | -0.1% |
| Other operating charges | 640/8 | €3,250 | €2,473 | -€777 | -23.9% |
| Gross operating margin | 9900 | €109,721 | €127,274 | +€17,553 | +16.0% |
| Operating profit (loss) | 9901 | €10,260 | €25,722 | +€15,462 | +151% |
| Financial income | 75/76B | €2,032 | €1,845 | -€187 | -9.2% |
| Recurring financial income | 75 | €2,032 | €1,845 | -€187 | -9.2% |
| Financial charges | 65/66B | €4,229 | €2,490 | -€1,739 | -41.1% |
| Recurring financial charges | 65 | €4,229 | €2,490 | -€1,739 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | €8,063 | €25,077 | +€17,014 | +211% |
| Income taxes | 67/77 | €386 | €550 | +€163 | +42.3% |
| Profit (loss) for the period | 9904 | €7,677 | €24,527 | +€16,851 | +219% |
| Profit (loss) for the period to be appropriated | 9905 | €7,677 | €24,527 | +€16,851 | +219% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.