SPEECKAERT BRAM: 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.
SPEECKAERT BRAM
Largest movements
- Cash +€44,668
up €44,668 (+64.3%), from €69,457 to €114,125
mainly Other debts (+€393,664) and Net result for the year (+€135,390)
- Receivables within one year +€41,532
up €41,532 (+74.7%), from €55,579 to €97,111
of which Other amounts receivable: +€40,421
- Tangible fixed assets -€12,021
down €12,021 (-3.8%), from €319,272 to €307,251
of which Land and buildings: -€11,485
- Other debts +€393,664
up €393,664 (+29057.9%), from €1,355 to €395,019
- Profit (loss) carried forward -€328,226
down €328,226 (-99.9%), from €328,616 to €390
- Tax, wage and social debts +€20,250
new in 2026: €20,250
- Debts after one year -€15,153
down €15,153 (-20.5%), from €74,000 to €58,847
- Financial income +€15,668
up €15,668 (+2190.1%), from €715 to €16,384
- Gross operating margin +€12,182
up €12,182 (+7.2%), from €169,691 to €181,873
- Taxes +€8,251
up €8,251 (+25.6%), from €32,239 to €40,490
- Financial charges -€3,489
down €3,489 (-48.1%), from €7,255 to €3,766
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €444,308 | €519,986 | +€75,678 | +17.0% |
| Fixed assets | 21/28 | €319,272 | €307,251 | -€12,021 | -3.8% |
| Tangible fixed assets | 22/27 | €319,272 | €307,251 | -€12,021 | -3.8% |
| Land and buildings | 22 | €306,665 | €295,180 | -€11,485 | -3.7% |
| Plant, machinery and equipment | 23 | €7,704 | €6,083 | -€1,621 | -21.0% |
| Furniture and vehicles | 24 | €4,903 | €5,988 | +€1,085 | +22.1% |
| Current assets | 29/58 | €125,036 | €212,736 | +€87,699 | +70.1% |
| Amounts receivable within one year | 40/41 | €55,579 | €97,111 | +€41,532 | +74.7% |
| Trade receivables | 40 | €2,052 | €3,162 | +€1,111 | +54.1% |
| Other amounts receivable | 41 | €53,527 | €93,949 | +€40,421 | +75.5% |
| Cash at bank and in hand | 54/58 | €69,457 | €114,125 | +€44,668 | +64.3% |
| Deferred charges and accrued income | 490/1 | - | €1,500 | +€1,500 | |
| Total equity and liabilities | 10/49 | €444,308 | €519,986 | +€75,678 | +17.0% |
| Equity | 10/15 | €352,722 | €23,112 | -€329,610 | -93.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €4,106 | €2,722 | -€1,384 | -33.7% |
| Distributable reserves | 133 | €4,106 | €2,722 | -€1,384 | -33.7% |
| Profit (loss) carried forward | 14 | €328,616 | €390 | -€328,226 | -99.9% |
| Amounts payable | 17/49 | €91,586 | €496,874 | +€405,288 | +442.5% |
| Amounts payable after more than one year | 17 | €74,000 | €58,847 | -€15,153 | -20.5% |
| Financial debts | 170/4 | €74,000 | €58,847 | -€15,153 | -20.5% |
| Amounts payable within one year | 42/48 | €17,586 | €438,027 | +€420,440 | +2390.7% |
| Current portion of amounts payable after more than one year | 42 | €14,932 | €15,153 | +€221 | +1.5% |
| Trade debts | 44 | €1,300 | €4,105 | +€2,805 | +215.8% |
| Suppliers | 440/4 | €1,300 | €4,105 | +€2,805 | +215.8% |
| Advances received on contracts in progress | 46 | - | €3,500 | +€3,500 | |
| Taxes, remuneration and social security | 45 | - | €20,250 | +€20,250 | |
| Taxes | 450/3 | - | €20,250 | +€20,250 | |
| Other amounts payable | 47/48 | €1,355 | €395,019 | +€393,664 | +29057.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,163 | €16,764 | -€399 | -2.3% |
| Other operating charges | 640/8 | €1,848 | €1,847 | -€1 | -0.1% |
| Gross operating margin | 9900 | €169,691 | €181,873 | +€12,182 | +7.2% |
| Operating profit (loss) | 9901 | €150,680 | €163,262 | +€12,582 | +8.4% |
| Financial income | 75/76B | €715 | €16,384 | +€15,668 | +2190.1% |
| Recurring financial income | 75 | €715 | €16,384 | +€15,668 | +2190.1% |
| Financial charges | 65/66B | €7,255 | €3,766 | -€3,489 | -48.1% |
| Recurring financial charges | 65 | €7,255 | €3,766 | -€3,489 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €144,141 | €175,880 | +€31,739 | +22.0% |
| Income taxes | 67/77 | €32,239 | €40,490 | +€8,251 | +25.6% |
| Profit (loss) for the period | 9904 | €111,902 | €135,390 | +€23,488 | +21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €111,902 | €135,390 | +€23,488 | +21.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.