De Speelerij: 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.
De Speelerij
Largest movements
- Cash -€87,995
down €87,995 (-51.6%), from €170,440 to €82,444
mainly Current investments (-€70,000) and Debts after one year (-€56,118)
- Current investments +€70,000
new in 2025: €70,000
- Receivables within one year -€53,039
down €53,039 (-62.2%), from €85,315 to €32,276
of which Trade receivables: -€51,616
- Tangible fixed assets -€16,534
down €16,534 (-6.8%), from €243,815 to €227,281
of which Leasing and similar rights: -€9,219
- Debts after one year -€56,118
down €56,118 (-25.1%), from €223,577 to €167,459
- Trade debts -€46,784
down €46,784 (-73.1%), from €63,977 to €17,193
- Profit (loss) carried forward +€10,562
up €10,562 (+8.0%), from €131,980 to €142,541
- Gross operating margin +€38,987
up €38,987 (+21.6%), from €180,344 to €219,330
- Taxes +€7,588
up €7,588 (+85.2%), from €8,909 to €16,498
- Staff costs +€4,002
up €4,002 (+5.7%), from €69,916 to €73,918
- Financial charges +€3,672
up €3,672 (+34.8%), from €10,548 to €14,220
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 | €512,681 | €428,128 | -€84,553 | -16.5% |
| Fixed assets | 21/28 | €245,095 | €227,811 | -€17,284 | -7.1% |
| Intangible fixed assets | 21 | €1,280 | €530 | -€750 | -58.6% |
| Tangible fixed assets | 22/27 | €243,815 | €227,281 | -€16,534 | -6.8% |
| Plant, machinery and equipment | 23 | €125,950 | €126,758 | +€808 | +0.6% |
| Furniture and vehicles | 24 | €10,192 | €7,225 | -€2,967 | -29.1% |
| Leasing and similar rights | 25 | €33,694 | €24,475 | -€9,219 | -27.4% |
| Other tangible fixed assets | 26 | €73,979 | €68,823 | -€5,156 | -7.0% |
| Current assets | 29/58 | €267,586 | €200,317 | -€67,269 | -25.1% |
| Stocks and contracts in progress | 3 | €9,595 | €10,301 | +€707 | +7.4% |
| Stocks | 30/36 | €9,595 | €10,301 | +€707 | +7.4% |
| Amounts receivable within one year | 40/41 | €85,315 | €32,276 | -€53,039 | -62.2% |
| Trade receivables | 40 | €62,242 | €10,626 | -€51,616 | -82.9% |
| Other amounts receivable | 41 | €23,072 | €21,650 | -€1,422 | -6.2% |
| Current investments | 50/53 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €170,440 | €82,444 | -€87,995 | -51.6% |
| Deferred charges and accrued income | 490/1 | €2,237 | €5,296 | +€3,059 | +137% |
| Total equity and liabilities | 10/49 | €512,681 | €428,128 | -€84,553 | -16.5% |
| Equity | 10/15 | €136,980 | €147,541 | +€10,562 | +7.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,980 | €142,541 | +€10,562 | +8.0% |
| Amounts payable | 17/49 | €375,702 | €280,587 | -€95,114 | -25.3% |
| Amounts payable after more than one year | 17 | €223,577 | €167,459 | -€56,118 | -25.1% |
| Financial debts | 170/4 | €223,577 | €167,459 | -€56,118 | -25.1% |
| Amounts payable within one year | 42/48 | €151,367 | €111,688 | -€39,679 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €54,195 | €56,118 | +€1,924 | +3.5% |
| Trade debts | 44 | €63,977 | €17,193 | -€46,784 | -73.1% |
| Suppliers | 440/4 | €63,977 | €17,193 | -€46,784 | -73.1% |
| Advances received on contracts in progress | 46 | €4,165 | €7,981 | +€3,816 | +91.6% |
| Taxes, remuneration and social security | 45 | €19,471 | €20,910 | +€1,439 | +7.4% |
| Taxes | 450/3 | €13,930 | €15,323 | +€1,393 | +10.0% |
| Remuneration and social security | 454/9 | €5,542 | €5,588 | +€46 | +0.8% |
| Other amounts payable | 47/48 | €9,559 | €9,485 | -€74 | -0.8% |
| Accrued charges and deferred income | 492/3 | €758 | €1,441 | +€683 | +90.1% |
| Non-recurring operating income | 76A | - | €28,861 | +€28,861 | |
| Remuneration, social security and pensions | 62 | €69,916 | €73,918 | +€4,002 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,308 | €47,843 | -€465 | -1.0% |
| Other operating charges | 640/8 | €6,239 | €7,072 | +€833 | +13.3% |
| Non-recurring operating charges | 66A | €537 | - | -€537 | |
| Gross operating margin | 9900 | €180,344 | €219,330 | +€38,987 | +21.6% |
| Operating profit (loss) | 9901 | €55,343 | €90,497 | +€35,154 | +63.5% |
| Financial income | 75/76B | €39 | €783 | +€743 | +1,882% |
| Recurring financial income | 75 | €39 | €783 | +€743 | +1,882% |
| Financial charges | 65/66B | €10,548 | €14,220 | +€3,672 | +34.8% |
| Recurring financial charges | 65 | €10,548 | €14,220 | +€3,672 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €44,834 | €77,060 | +€32,225 | +71.9% |
| Income taxes | 67/77 | €8,909 | €16,498 | +€7,588 | +85.2% |
| Profit (loss) for the period | 9904 | €35,925 | €60,562 | +€24,637 | +68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,925 | €60,562 | +€24,637 | +68.6% |
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 17 October 2026 via checked.be.