SPEED & GO: 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.
SPEED & GO
Largest movements
- Cash +€3,059
up €3,059 (+108%), from €2,834 to €5,893
mainly Net result for the year (+€3,931) and Tax, wage and social debts (+€3,487)
- Receivables within one year -€522
down €522 (-92.9%), from €562 to €40
of which Other amounts receivable: -€388
- Tangible fixed assets -€170
down €170 (-100%), from €170 to €0
of which Furniture and vehicles: -€111
- Profit (loss) carried forward +€6,278
up €6,278 (+64.6%), from -€9,716 to -€3,438
- Trade debts -€3,982
down €3,982 (-69.5%), from €5,732 to €1,749
- Tax, wage and social debts +€3,487
up €3,487 (+43,425%), from €8 to €3,495
- Reserves -€2,348
down €2,348 (-100%), from €2,348 to €0
of which Distributable reserves: -€1,448
- Other debts -€1,069
down €1,069 (-25.5%), from €4,195 to €3,126
- Gross operating margin +€9,485
up €9,485 (+212%), from €4,468 to €13,953
- Other operating charges +€5,339
up €5,339 (+269%), from €1,986 to €7,325
- Taxes +€2,355
new in 2025: €2,355
- Depreciation -€782
down €782 (-92.2%), from €849 to €67
- Financial charges +€214
up €214 (+105%), from €203 to €417
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 | €3,566 | €5,932 | +€2,366 | +66.4% |
| Fixed assets | 21/28 | €170 | €0 | -€170 | -100% |
| Tangible fixed assets | 22/27 | €170 | €0 | -€170 | -100% |
| Plant, machinery and equipment | 23 | €60 | €0 | -€60 | -100% |
| Furniture and vehicles | 24 | €111 | €0 | -€111 | -100% |
| Current assets | 29/58 | €3,396 | €5,932 | +€2,537 | +74.7% |
| Amounts receivable within one year | 40/41 | €562 | €40 | -€522 | -92.9% |
| Trade receivables | 40 | €173 | €39 | -€134 | -77.5% |
| Other amounts receivable | 41 | €389 | €1 | -€388 | -99.8% |
| Cash at bank and in hand | 54/58 | €2,834 | €5,893 | +€3,059 | +108% |
| Total equity and liabilities | 10/49 | €3,566 | €5,932 | +€2,366 | +66.4% |
| Equity | 10/15 | -€6,368 | -€2,438 | +€3,931 | +61.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €2,348 | €0 | -€2,348 | -100% |
| Tax-exempt reserves | 132 | €900 | €0 | -€900 | -100% |
| Distributable reserves | 133 | €1,448 | €0 | -€1,448 | -100% |
| Profit (loss) carried forward | 14 | -€9,716 | -€3,438 | +€6,278 | +64.6% |
| Amounts payable | 17/49 | €9,934 | €8,370 | -€1,564 | -15.7% |
| Amounts payable within one year | 42/48 | €9,934 | €8,370 | -€1,564 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €5,732 | €1,749 | -€3,982 | -69.5% |
| Suppliers | 440/4 | €5,732 | €1,749 | -€3,982 | -69.5% |
| Taxes, remuneration and social security | 45 | €8 | €3,495 | +€3,487 | +43,425% |
| Taxes | 450/3 | €8 | €3,495 | +€3,487 | +43,425% |
| Other amounts payable | 47/48 | €4,195 | €3,126 | -€1,069 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €849 | €67 | -€782 | -92.2% |
| Other operating charges | 640/8 | €1,986 | €7,325 | +€5,339 | +269% |
| Gross operating margin | 9900 | €4,468 | €13,953 | +€9,485 | +212% |
| Operating profit (loss) | 9901 | €1,634 | €6,562 | +€4,928 | +302% |
| Financial income | 75/76B | €9 | €140 | +€131 | +1,482% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100% |
| Non-recurring financial income | 76B | - | €140 | +€140 | |
| Financial charges | 65/66B | €203 | €417 | +€214 | +105% |
| Recurring financial charges | 65 | €203 | €417 | +€214 | +105% |
| Profit (loss) for the period before taxes | 9903 | €1,440 | €6,286 | +€4,846 | +337% |
| Income taxes | 67/77 | - | €2,355 | +€2,355 | |
| Profit (loss) for the period | 9904 | €1,440 | €3,931 | +€2,491 | +173% |
| Transfer from tax-exempt reserves | 789 | - | €900 | +€900 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,440 | €4,831 | +€3,391 | +235% |
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 16 October 2026 via checked.be.