SPEED CAR-LK: what changed
SPEED CAR-LK
Largest movements
- Receivables within one year -€26,634
down €26,634 (-98.3%), from €27,094 to €461
of which Trade receivables: -€26,652
- Deferred charges and accrued income +€1,662
up €1,662 (+161%), from €1,029 to €2,691
- Tangible fixed assets -€1,628
down €1,628 (-46.5%), from €3,502 to €1,874
of which Furniture and vehicles: -€1,422
- Stocks and contracts +€1,099
up €1,099 (+2.5%), from €43,217 to €44,317
- Trade debts -€17,131
down €17,131 (-68.0%), from €25,198 to €8,067
- Profit (loss) carried forward -€6,900
down €6,900 (-38.8%), from €17,780 to €10,879
- Debts after one year -€5,163
down €5,163 (-41.4%), from €12,478 to €7,316
- Tax, wage and social debts +€1,933
up €1,933 (+29.5%), from €6,548 to €8,481
of which Taxes: +€1,893
- Other debts +€1,706
up €1,706 (+339%), from €504 to €2,210
- Gross operating margin +€5,791
up €5,791 (+64.2%), from €9,017 to €14,808
- Other operating charges +€3,088
up €3,088 (+119%), from €2,605 to €5,693
- Staff costs +€2,952
up €2,952 (+28.0%), from €10,558 to €13,509
- Financial income -€635
down €635 (-87.3%), from €727 to €92
- Financial charges -€214
down €214 (-18.1%), from €1,185 to €971
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,868 | €62,575 | -€25,293 | -28.8% |
| Fixed assets | 21/28 | €3,502 | €1,874 | -€1,628 | -46.5% |
| Tangible fixed assets | 22/27 | €3,502 | €1,874 | -€1,628 | -46.5% |
| Plant, machinery and equipment | 23 | €1,083 | €877 | -€206 | -19.0% |
| Furniture and vehicles | 24 | €2,419 | €998 | -€1,422 | -58.8% |
| Current assets | 29/58 | €84,366 | €60,701 | -€23,666 | -28.1% |
| Stocks and contracts in progress | 3 | €43,217 | €44,317 | +€1,099 | +2.5% |
| Stocks | 30/36 | €43,217 | €44,317 | +€1,099 | +2.5% |
| Amounts receivable within one year | 40/41 | €27,094 | €461 | -€26,634 | -98.3% |
| Trade receivables | 40 | €27,085 | €434 | -€26,652 | -98.4% |
| Other amounts receivable | 41 | €9 | €27 | +€18 | +201% |
| Cash at bank and in hand | 54/58 | €13,025 | €13,232 | +€207 | +1.6% |
| Deferred charges and accrued income | 490/1 | €1,029 | €2,691 | +€1,662 | +161% |
| Total equity and liabilities | 10/49 | €87,868 | €62,575 | -€25,293 | -28.8% |
| Equity | 10/15 | €38,240 | €31,339 | -€6,900 | -18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,780 | €10,879 | -€6,900 | -38.8% |
| Amounts payable | 17/49 | €49,629 | €31,235 | -€18,393 | -37.1% |
| Amounts payable after more than one year | 17 | €12,478 | €7,316 | -€5,163 | -41.4% |
| Financial debts | 170/4 | €12,478 | €7,316 | -€5,163 | -41.4% |
| Amounts payable within one year | 42/48 | €37,150 | €23,920 | -€13,231 | -35.6% |
| Current portion of amounts payable after more than one year | 42 | €4,901 | €5,163 | +€262 | +5.3% |
| Trade debts | 44 | €25,198 | €8,067 | -€17,131 | -68.0% |
| Suppliers | 440/4 | €25,198 | €8,067 | -€17,131 | -68.0% |
| Taxes, remuneration and social security | 45 | €6,548 | €8,481 | +€1,933 | +29.5% |
| Taxes | 450/3 | €4,621 | €6,514 | +€1,893 | +41.0% |
| Remuneration and social security | 454/9 | €1,927 | €1,967 | +€40 | +2.1% |
| Other amounts payable | 47/48 | €504 | €2,210 | +€1,706 | +339% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Remuneration, social security and pensions | 62 | €10,558 | €13,509 | +€2,952 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,787 | €1,628 | -€159 | -8.9% |
| Other operating charges | 640/8 | €2,605 | €5,693 | +€3,088 | +119% |
| Gross operating margin | 9900 | €9,017 | €14,808 | +€5,791 | +64.2% |
| Operating profit (loss) | 9901 | -€5,933 | -€6,022 | -€89 | -1.5% |
| Financial income | 75/76B | €727 | €92 | -€635 | -87.3% |
| Recurring financial income | 75 | €727 | €92 | -€635 | -87.3% |
| Financial charges | 65/66B | €1,185 | €971 | -€214 | -18.1% |
| Recurring financial charges | 65 | €1,185 | €971 | -€214 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,391 | -€6,900 | -€509 | -8.0% |
| Profit (loss) for the period | 9904 | -€6,391 | -€6,900 | -€509 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,391 | -€6,900 | -€509 | -8.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.