Speakers Corner: 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.
Speakers Corner
Largest movements
- Cash +€23,802
up €23,802 (+49.9%), from €47,686 to €71,488
mainly Net result for the year (+€22,128) and Depreciation (+€8,614)
- Tangible fixed assets +€4,786
up €4,786 (+51.3%), from €9,333 to €14,119
of which Furniture and vehicles: +€6,910
- Deferred charges and accrued income -€4,241
down €4,241 (-49.1%), from €8,631 to €4,390
- Profit (loss) carried forward +€18,273
no longer reported in 2025 (was -€18,273)
- Reserves +€3,855
up €3,855 (+6.2%), from €61,854 to €65,709
- Other debts +€2,379
up €2,379 (+9.1%), from €26,263 to €28,643
- Trade debts -€1,934
down €1,934 (-88.7%), from €2,181 to €247
- Financial charges -€41,535
down €41,535 (-54.9%), from €75,623 to €34,088
- Gross operating margin +€4,597
up €4,597 (+7.1%), from €64,820 to €69,417
- Taxes +€3,854
new in 2025: €3,854
- Depreciation +€2,059
up €2,059 (+31.4%), from €6,555 to €8,614
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 | €79,362 | €102,914 | +€23,552 | +29.7% |
| Fixed assets | 21/28 | €9,333 | €14,119 | +€4,786 | +51.3% |
| Tangible fixed assets | 22/27 | €9,333 | €14,119 | +€4,786 | +51.3% |
| Plant, machinery and equipment | 23 | €1,870 | €794 | -€1,076 | -57.5% |
| Furniture and vehicles | 24 | €2,386 | €9,296 | +€6,910 | +290% |
| Other tangible fixed assets | 26 | €5,078 | €4,029 | -€1,049 | -20.7% |
| Current assets | 29/58 | €70,029 | €88,795 | +€18,766 | +26.8% |
| Amounts receivable within one year | 40/41 | €13,713 | €12,917 | -€796 | -5.8% |
| Trade receivables | 40 | €13,713 | €12,917 | -€796 | -5.8% |
| Cash at bank and in hand | 54/58 | €47,686 | €71,488 | +€23,802 | +49.9% |
| Deferred charges and accrued income | 490/1 | €8,631 | €4,390 | -€4,241 | -49.1% |
| Total equity and liabilities | 10/49 | €79,362 | €102,914 | +€23,552 | +29.7% |
| Equity | 10/15 | €43,581 | €65,709 | +€22,128 | +50.8% |
| Reserves | 13 | €61,854 | €65,709 | +€3,855 | +6.2% |
| Distributable reserves | 133 | €61,854 | €65,709 | +€3,855 | +6.2% |
| Profit (loss) carried forward | 14 | -€18,273 | - | +€18,273 | |
| Amounts payable | 17/49 | €35,781 | €37,205 | +€1,424 | +4.0% |
| Amounts payable within one year | 42/48 | €35,781 | €37,205 | +€1,424 | +4.0% |
| Trade debts | 44 | €2,181 | €247 | -€1,934 | -88.7% |
| Suppliers | 440/4 | €2,181 | €247 | -€1,934 | -88.7% |
| Taxes, remuneration and social security | 45 | €7,336 | €8,315 | +€978 | +13.3% |
| Taxes | 450/3 | €7,336 | €8,315 | +€978 | +13.3% |
| Other amounts payable | 47/48 | €26,263 | €28,643 | +€2,379 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,555 | €8,614 | +€2,059 | +31.4% |
| Other operating charges | 640/8 | €916 | €737 | -€179 | -19.5% |
| Gross operating margin | 9900 | €64,820 | €69,417 | +€4,597 | +7.1% |
| Operating profit (loss) | 9901 | €57,349 | €60,066 | +€2,716 | +4.7% |
| Financial income | 75/76B | €0 | €4 | +€4 | +8,440% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +8,440% |
| Financial charges | 65/66B | €75,623 | €34,088 | -€41,535 | -54.9% |
| Recurring financial charges | 65 | €75,623 | €34,088 | -€41,535 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,273 | €25,982 | +€44,255 | |
| Income taxes | 67/77 | - | €3,854 | +€3,854 | |
| Profit (loss) for the period | 9904 | -€18,273 | €22,128 | +€40,402 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,273 | €22,128 | +€40,402 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.