HET SPEELATELIER: 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.
HET SPEELATELIER
Largest movements
- Cash +€20,792
up €20,792 (+48.4%), from €42,981 to €63,773
mainly Net result for the year (+€38,570) and Depreciation (+€9,254)
- Stocks and contracts +€20,252
up €20,252 (+27.5%), from €73,719 to €93,972
- Receivables within one year +€8,738
up €8,738 (+116%), from €7,529 to €16,267
of which Trade receivables: +€6,441
- Tangible fixed assets -€4,368
down €4,368 (-15.5%), from €28,129 to €23,761
of which Furniture and vehicles: -€4,310
- Reserves +€38,570
up €38,570 (+41.2%), from €93,615 to €132,184
- Tax, wage and social debts +€5,947
up €5,947 (+27.7%), from €21,443 to €27,391
of which Taxes: +€3,796
- Trade debts +€5,855
up €5,855 (+27.7%), from €21,167 to €27,022
- Debts after one year -€4,367
no longer reported in 2025 (was €4,367)
- Gross operating margin -€10,640
down €10,640 (-13.6%), from €78,273 to €67,634
- Staff costs +€6,364
up €6,364 (+627%), from €1,015 to €7,379
- Taxes -€5,919
down €5,919 (-36.8%), from €16,068 to €10,149
- Depreciation +€2,724
up €2,724 (+41.7%), from €6,530 to €9,254
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 | €154,024 | €199,819 | +€45,795 | +29.7% |
| Fixed assets | 21/28 | €28,129 | €23,761 | -€4,368 | -15.5% |
| Tangible fixed assets | 22/27 | €28,129 | €23,761 | -€4,368 | -15.5% |
| Plant, machinery and equipment | 23 | €242 | €184 | -€58 | -23.9% |
| Furniture and vehicles | 24 | €27,887 | €23,577 | -€4,310 | -15.5% |
| Current assets | 29/58 | €125,895 | €176,058 | +€50,163 | +39.8% |
| Stocks and contracts in progress | 3 | €73,719 | €93,972 | +€20,252 | +27.5% |
| Stocks | 30/36 | €73,719 | €93,972 | +€20,252 | +27.5% |
| Amounts receivable within one year | 40/41 | €7,529 | €16,267 | +€8,738 | +116% |
| Trade receivables | 40 | €4,052 | €10,493 | +€6,441 | +159% |
| Other amounts receivable | 41 | €3,477 | €5,774 | +€2,297 | +66.1% |
| Cash at bank and in hand | 54/58 | €42,981 | €63,773 | +€20,792 | +48.4% |
| Deferred charges and accrued income | 490/1 | €1,666 | €2,046 | +€380 | +22.8% |
| Total equity and liabilities | 10/49 | €154,024 | €199,819 | +€45,795 | +29.7% |
| Equity | 10/15 | €96,615 | €135,184 | +€38,570 | +39.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €93,615 | €132,184 | +€38,570 | +41.2% |
| Distributable reserves | 133 | €93,615 | €132,184 | +€38,570 | +41.2% |
| Amounts payable | 17/49 | €57,409 | €64,635 | +€7,226 | +12.6% |
| Amounts payable after more than one year | 17 | €4,367 | - | -€4,367 | |
| Financial debts | 170/4 | €4,367 | - | -€4,367 | |
| Amounts payable within one year | 42/48 | €53,041 | €64,635 | +€11,593 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €4,686 | €4,367 | -€319 | -6.8% |
| Trade debts | 44 | €21,167 | €27,022 | +€5,855 | +27.7% |
| Suppliers | 440/4 | €21,167 | €27,022 | +€5,855 | +27.7% |
| Taxes, remuneration and social security | 45 | €21,443 | €27,391 | +€5,947 | +27.7% |
| Taxes | 450/3 | €21,315 | €25,111 | +€3,796 | +17.8% |
| Remuneration and social security | 454/9 | €128 | €2,280 | +€2,152 | +1,680% |
| Other amounts payable | 47/48 | €5,746 | €5,855 | +€109 | +1.9% |
| Remuneration, social security and pensions | 62 | €1,015 | €7,379 | +€6,364 | +627% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,530 | €9,254 | +€2,724 | +41.7% |
| Other operating charges | 640/8 | €1,477 | €1,411 | -€66 | -4.5% |
| Gross operating margin | 9900 | €78,273 | €67,634 | -€10,640 | -13.6% |
| Operating profit (loss) | 9901 | €69,252 | €49,590 | -€19,662 | -28.4% |
| Financial income | 75/76B | €276 | €378 | +€102 | +37.0% |
| Recurring financial income | 75 | €276 | €378 | +€102 | +37.0% |
| Financial charges | 65/66B | €672 | €1,250 | +€578 | +85.9% |
| Recurring financial charges | 65 | €672 | €1,250 | +€578 | +85.9% |
| Profit (loss) for the period before taxes | 9903 | €68,855 | €48,718 | -€20,137 | -29.2% |
| Income taxes | 67/77 | €16,068 | €10,149 | -€5,919 | -36.8% |
| Profit (loss) for the period | 9904 | €52,788 | €38,570 | -€14,218 | -26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,788 | €38,570 | -€14,218 | -26.9% |
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 21 October 2026 via checked.be.