SM SPEED TRANS: 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.
SM SPEED TRANS
Largest movements
- Current investments +€20,095
new in 2025: €20,095
- Receivables within one year +€10,523
up €10,523 (+351%), from €3,000 to €13,523
of which Trade receivables: +€9,209
- Tangible fixed assets +€1,630
new in 2025: €1,630
- Tax, wage and social debts +€16,055
new in 2025: €16,055
of which Remuneration and social security: +€13,000
- Other debts +€10,075
up €10,075 (+806%), from €1,250 to €11,325
- Trade debts +€6,022
new in 2025: €6,022
- Gross operating margin +€3,377
up €3,377, from -€1,250 to €2,127
- Purchases and services -€1,250
no longer reported in 2025 (was €1,250)
- Other operating charges +€964
new in 2025: €964
- Depreciation +€815
new in 2025: €815
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,000 | €35,493 | +€32,493 | +1,083% |
| Fixed assets | 21/28 | - | €1,630 | +€1,630 | |
| Tangible fixed assets | 22/27 | - | €1,630 | +€1,630 | |
| Furniture and vehicles | 24 | - | €1,630 | +€1,630 | |
| Current assets | 29/58 | €3,000 | €33,863 | +€30,863 | +1,029% |
| Amounts receivable within one year | 40/41 | €3,000 | €13,523 | +€10,523 | +351% |
| Trade receivables | 40 | - | €9,209 | +€9,209 | |
| Other amounts receivable | 41 | €3,000 | €4,315 | +€1,315 | +43.8% |
| Current investments | 50/53 | - | €20,095 | +€20,095 | |
| Deferred charges and accrued income | 490/1 | - | €244 | +€244 | |
| Total equity and liabilities | 10/49 | €3,000 | €35,493 | +€32,493 | +1,083% |
| Equity | 10/15 | €1,750 | €2,090 | +€340 | +19.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,250 | -€910 | +€340 | +27.2% |
| Amounts payable | 17/49 | €1,250 | €33,403 | +€32,153 | +2,572% |
| Amounts payable within one year | 42/48 | €1,250 | €33,403 | +€32,153 | +2,572% |
| Trade debts | 44 | - | €6,022 | +€6,022 | |
| Suppliers | 440/4 | - | €6,022 | +€6,022 | |
| Taxes, remuneration and social security | 45 | - | €16,055 | +€16,055 | |
| Taxes | 450/3 | - | €3,055 | +€3,055 | |
| Remuneration and social security | 454/9 | - | €13,000 | +€13,000 | |
| Other amounts payable | 47/48 | €1,250 | €11,325 | +€10,075 | +806% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,250 | - | -€1,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €815 | +€815 | |
| Other operating charges | 640/8 | - | €964 | +€964 | |
| Gross operating margin | 9900 | -€1,250 | €2,127 | +€3,377 | |
| Operating profit (loss) | 9901 | -€1,250 | €348 | +€1,598 | |
| Financial charges | 65/66B | - | €8 | +€8 | |
| Recurring financial charges | 65 | - | €8 | +€8 | |
| Profit (loss) for the period before taxes | 9903 | -€1,250 | €340 | +€1,590 | |
| Profit (loss) for the period | 9904 | -€1,250 | €340 | +€1,590 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,250 | €340 | +€1,590 |
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.