THE BARKING SPIDER: 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.
THE BARKING SPIDER
Largest movements
- Cash +€170,548
up €170,548 (+457%), from €37,334 to €207,881
mainly Net result for the year (+€155,323) and Advances received (+€62,082)
- Deferred charges and accrued income +€56,865
up €56,865 (+2,620%), from €2,171 to €59,036
- Receivables within one year -€51,885
down €51,885 (-22.9%), from €226,741 to €174,856
of which Trade receivables: -€31,885
- Tangible fixed assets -€38,362
down €38,362 (-20.5%), from €186,872 to €148,510
- Intangible fixed assets -€6,349
no longer reported in 2025 (was €6,349)
- Reserves +€155,000
up €155,000 (+169%), from €91,655 to €246,655
of which Distributable reserves: +€155,000
- Trade debts -€62,159
down €62,159 (-56.6%), from €109,876 to €47,717
- Advances received +€62,082
up €62,082 (+2,256%), from €2,752 to €64,834
- Debts after one year -€29,145
down €29,145 (-49.7%), from €58,583 to €29,439
- Tax, wage and social debts +€12,874
up €12,874 (+34.5%), from €37,273 to €50,147
of which Taxes: +€20,091
- Gross operating margin +€161,499
up €161,499 (+71.7%), from €225,100 to €386,598
- Staff costs -€48,733
down €48,733 (-29.3%), from €166,477 to €117,745
- Taxes +€47,850
new in 2025: €47,850
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 | €465,687 | €604,232 | +€138,545 | +29.8% |
| Fixed assets | 21/28 | €194,046 | €153,599 | -€40,447 | -20.8% |
| Intangible fixed assets | 21 | €6,349 | - | -€6,349 | |
| Tangible fixed assets | 22/27 | €186,872 | €148,510 | -€38,362 | -20.5% |
| Plant, machinery and equipment | 23 | €41,640 | €31,619 | -€10,020 | -24.1% |
| Furniture and vehicles | 24 | €40,031 | €27,959 | -€12,072 | -30.2% |
| Other tangible fixed assets | 26 | €105,201 | €88,931 | -€16,270 | -15.5% |
| Financial fixed assets | 28 | €825 | €5,089 | +€4,264 | +517% |
| Current assets | 29/58 | €271,641 | €450,633 | +€178,992 | +65.9% |
| Stocks and contracts in progress | 3 | €5,395 | €8,859 | +€3,464 | +64.2% |
| Stocks | 30/36 | €5,395 | €8,859 | +€3,464 | +64.2% |
| Amounts receivable within one year | 40/41 | €226,741 | €174,856 | -€51,885 | -22.9% |
| Trade receivables | 40 | €54,696 | €22,811 | -€31,885 | -58.3% |
| Other amounts receivable | 41 | €172,045 | €152,045 | -€20,000 | -11.6% |
| Cash at bank and in hand | 54/58 | €37,334 | €207,881 | +€170,548 | +457% |
| Deferred charges and accrued income | 490/1 | €2,171 | €59,036 | +€56,865 | +2,620% |
| Total equity and liabilities | 10/49 | €465,687 | €604,232 | +€138,545 | +29.8% |
| Equity | 10/15 | €197,344 | €352,500 | +€155,156 | +78.6% |
| Contributions | 10/11 | €105,355 | €105,355 | = | 0.0% |
| Contributions outside capital | 11 | €105,355 | €105,355 | = | 0.0% |
| Other | 1109/19 | €105,355 | €105,355 | = | 0.0% |
| Reserves | 13 | €91,655 | €246,655 | +€155,000 | +169% |
| Non-distributable reserves | 130/1 | €10,944 | €10,944 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,944 | €10,944 | = | 0.0% |
| Distributable reserves | 133 | €80,711 | €235,711 | +€155,000 | +192% |
| Profit (loss) carried forward | 14 | - | €323 | +€323 | |
| Investment grants | 15 | €334 | €167 | -€167 | -50.0% |
| Provisions and deferred taxes | 16 | €84 | €42 | -€42 | -50.0% |
| Deferred taxes | 168 | €84 | €42 | -€42 | -50.0% |
| Amounts payable | 17/49 | €268,259 | €251,691 | -€16,569 | -6.2% |
| Amounts payable after more than one year | 17 | €58,583 | €29,439 | -€29,145 | -49.7% |
| Financial debts | 170/4 | €58,583 | €29,439 | -€29,145 | -49.7% |
| Amounts payable within one year | 42/48 | €209,676 | €222,252 | +€12,576 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €44,827 | €45,118 | +€291 | +0.6% |
| Trade debts | 44 | €109,876 | €47,717 | -€62,159 | -56.6% |
| Suppliers | 440/4 | €109,876 | €47,717 | -€62,159 | -56.6% |
| Advances received on contracts in progress | 46 | €2,752 | €64,834 | +€62,082 | +2,256% |
| Taxes, remuneration and social security | 45 | €37,273 | €50,147 | +€12,874 | +34.5% |
| Taxes | 450/3 | €16,706 | €36,797 | +€20,091 | +120% |
| Remuneration and social security | 454/9 | €20,567 | €13,349 | -€7,218 | -35.1% |
| Other amounts payable | 47/48 | €14,948 | €14,436 | -€512 | -3.4% |
| Non-recurring operating income | 76A | €19,227 | - | -€19,227 | |
| Remuneration, social security and pensions | 62 | €166,477 | €117,745 | -€48,733 | -29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,537 | €44,711 | -€1,825 | -3.9% |
| Other operating charges | 640/8 | €6,123 | €7,900 | +€1,776 | +29.0% |
| Gross operating margin | 9900 | €225,100 | €386,598 | +€161,499 | +71.7% |
| Operating profit (loss) | 9901 | €5,962 | €216,243 | +€210,280 | +3,527% |
| Financial income | 75/76B | €169 | €168 | -€1 | -0.6% |
| Recurring financial income | 75 | €169 | €168 | -€1 | -0.6% |
| Financial charges | 65/66B | €15,335 | €13,280 | -€2,055 | -13.4% |
| Recurring financial charges | 65 | €15,335 | €13,280 | -€2,055 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,203 | €203,131 | +€212,334 | |
| Transfer from deferred taxes | 780 | €42 | €42 | = | 0.0% |
| Income taxes | 67/77 | - | €47,850 | +€47,850 | |
| Profit (loss) for the period | 9904 | -€9,161 | €155,323 | +€164,484 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,161 | €155,323 | +€164,484 |
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 27 October 2026 via checked.be.