O'SPEED: 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.
O'SPEED
Largest movements
- Cash -€26,268
down €26,268 (-82.8%), from €31,735 to €5,467
mainly Tax, wage and social debts (-€16,640) and Net result for the year (-€8,756)
- Tangible fixed assets -€7,471
down €7,471 (-66.6%), from €11,215 to €3,744
of which Furniture and vehicles: -€6,236
- Tax, wage and social debts -€16,640
down €16,640 (-92.9%), from €17,917 to €1,277
- Profit (loss) carried forward -€7,833
down €7,833 (-18.3%), from €42,852 to €35,019
- Trade debts -€4,183
down €4,183 (-31.0%), from €13,504 to €9,321
- Current portion of long-term debt -€3,146
no longer reported in 2025 (was €3,146)
- Other debts -€2,737
no longer reported in 2025 (was €2,737)
- Purchases and services +€74,858
new in 2025: €74,858
- Turnover +€64,763
new in 2025: €64,763
- Gross operating margin -€27,978
down €27,978 (-97.0%), from €28,858 to €880
- Taxes -€4,970
down €4,970, from €4,933 to -€37
- Depreciation -€726
down €726 (-10.7%), from €6,782 to €6,056
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 | €81,198 | €46,618 | -€34,580 | -42.6% |
| Fixed assets | 21/28 | €15,715 | €8,654 | -€7,061 | -44.9% |
| Tangible fixed assets | 22/27 | €11,215 | €3,744 | -€7,471 | -66.6% |
| Furniture and vehicles | 24 | €7,385 | €1,149 | -€6,236 | -84.4% |
| Other tangible fixed assets | 26 | €3,830 | €2,595 | -€1,235 | -32.3% |
| Financial fixed assets | 28 | €4,500 | €4,910 | +€410 | +9.1% |
| Current assets | 29/58 | €65,483 | €37,964 | -€27,519 | -42.0% |
| Amounts receivable within one year | 40/41 | €32,896 | €32,242 | -€654 | -2.0% |
| Trade receivables | 40 | €32,896 | €20,611 | -€12,285 | -37.3% |
| Other amounts receivable | 41 | - | €11,631 | +€11,631 | |
| Cash at bank and in hand | 54/58 | €31,735 | €5,467 | -€26,268 | -82.8% |
| Deferred charges and accrued income | 490/1 | €852 | €255 | -€597 | -70.1% |
| Total equity and liabilities | 10/49 | €81,198 | €46,618 | -€34,580 | -42.6% |
| Equity | 10/15 | €43,852 | €36,019 | -€7,833 | -17.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | - | -€1,000 | |
| Issued capital | 100 | €1,000 | - | -€1,000 | |
| Profit (loss) carried forward | 14 | €42,852 | €35,019 | -€7,833 | -18.3% |
| Amounts payable | 17/49 | €37,346 | €10,599 | -€26,747 | -71.6% |
| Amounts payable within one year | 42/48 | €37,303 | €10,598 | -€26,705 | -71.6% |
| Current portion of amounts payable after more than one year | 42 | €3,146 | - | -€3,146 | |
| Trade debts | 44 | €13,504 | €9,321 | -€4,183 | -31.0% |
| Suppliers | 440/4 | €13,504 | €9,321 | -€4,183 | -31.0% |
| Taxes, remuneration and social security | 45 | €17,917 | €1,277 | -€16,640 | -92.9% |
| Taxes | 450/3 | €17,917 | €1,277 | -€16,640 | -92.9% |
| Other amounts payable | 47/48 | €2,737 | - | -€2,737 | |
| Accrued charges and deferred income | 492/3 | €43 | €1 | -€42 | -97.7% |
| Turnover | 70 | - | €64,763 | +€64,763 | |
| Non-recurring operating income | 76A | - | €8,785 | +€8,785 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €74,858 | +€74,858 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,782 | €6,056 | -€726 | -10.7% |
| Other operating charges | 640/8 | €2,597 | €2,023 | -€574 | -22.1% |
| Non-recurring operating charges | 66A | €352 | €1,131 | +€779 | +221.8% |
| Gross operating margin | 9900 | €28,858 | €880 | -€27,978 | -97.0% |
| Operating profit (loss) | 9901 | €19,127 | -€8,330 | -€27,457 | |
| Financial income | 75/76B | €218 | €85 | -€133 | -61.0% |
| Recurring financial income | 75 | €218 | €85 | -€133 | -61.0% |
| Financial charges | 65/66B | €526 | €548 | +€22 | +4.3% |
| Recurring financial charges | 65 | €526 | €548 | +€22 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €18,819 | -€8,793 | -€27,612 | |
| Income taxes | 67/77 | €4,933 | -€37 | -€4,970 | |
| Profit (loss) for the period | 9904 | €13,887 | -€8,756 | -€22,643 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,887 | -€8,756 | -€22,643 |
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 2 October 2026 via checked.be.