SPEED GROUP SOLUTIONS: 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 GROUP SOLUTIONS
Largest movements
- Receivables within one year +€249,304
up €249,304 (+481%), from €51,785 to €301,089
of which Trade receivables: +€154,422
- Accrued charges and deferred income +€149,587
new in 2025: €149,587
- Tax, wage and social debts +€74,777
up €74,777 (+1,681%), from €4,448 to €79,225
- Profit (loss) carried forward +€55,825
no longer reported in 2025 (was -€55,825)
- Debts after one year -€25,972
down €25,972 (-32.1%), from €81,019 to €55,047
- Other debts -€4,139
no longer reported in 2025 (was €4,139)
- Gross operating margin +€218,202
up €218,202 (+5,484%), from €3,979 to €222,181
- Taxes +€47,454
up €47,454 (+26,649%), from €178 to €47,632
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 | €60,200 | €310,886 | +€250,686 | +416% |
| Fixed assets | 21/28 | €78 | - | -€78 | |
| Tangible fixed assets | 22/27 | €78 | - | -€78 | |
| Furniture and vehicles | 24 | €78 | - | -€78 | |
| Current assets | 29/58 | €60,123 | €310,886 | +€250,764 | +417% |
| Amounts receivable within one year | 40/41 | €51,785 | €301,089 | +€249,304 | +481% |
| Trade receivables | 40 | €51,235 | €205,657 | +€154,422 | +301% |
| Other amounts receivable | 41 | €550 | €95,432 | +€94,883 | +17,267% |
| Cash at bank and in hand | 54/58 | €7,758 | €9,282 | +€1,524 | +19.6% |
| Deferred charges and accrued income | 490/1 | €579 | €515 | -€64 | -11.1% |
| Total equity and liabilities | 10/49 | €60,200 | €310,886 | +€250,686 | +416% |
| Equity | 10/15 | -€55,825 | - | +€55,825 | |
| Profit (loss) carried forward | 14 | -€55,825 | - | +€55,825 | |
| Amounts payable | 17/49 | €116,025 | €310,886 | +€194,861 | +168% |
| Amounts payable after more than one year | 17 | €81,019 | €55,047 | -€25,972 | -32.1% |
| Financial debts | 170/4 | €81,019 | €55,047 | -€25,972 | -32.1% |
| Amounts payable within one year | 42/48 | €35,006 | €106,252 | +€71,246 | +204% |
| Current portion of amounts payable after more than one year | 42 | €25,684 | €25,972 | +€288 | +1.1% |
| Trade debts | 44 | €735 | €1,055 | +€320 | +43.5% |
| Suppliers | 440/4 | €735 | €1,055 | +€320 | +43.5% |
| Taxes, remuneration and social security | 45 | €4,448 | €79,225 | +€74,777 | +1,681% |
| Taxes | 450/3 | €4,448 | €79,225 | +€74,777 | +1,681% |
| Other amounts payable | 47/48 | €4,139 | - | -€4,139 | |
| Accrued charges and deferred income | 492/3 | - | €149,587 | +€149,587 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €589 | €78 | -€512 | -86.8% |
| Other operating charges | 640/8 | €693 | €620 | -€73 | -10.5% |
| Gross operating margin | 9900 | €3,979 | €222,181 | +€218,202 | +5,484% |
| Operating profit (loss) | 9901 | €2,697 | €221,483 | +€218,786 | +8,113% |
| Financial income | 75/76B | €12 | €30 | +€18 | +155% |
| Recurring financial income | 75 | €12 | €30 | +€18 | +155% |
| Financial charges | 65/66B | €5,702 | €6,817 | +€1,115 | +19.6% |
| Recurring financial charges | 65 | €5,702 | €6,817 | +€1,115 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,994 | €214,695 | +€217,689 | |
| Income taxes | 67/77 | €178 | €47,632 | +€47,454 | +26,649% |
| Profit (loss) for the period | 9904 | -€3,172 | €167,063 | +€170,235 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,172 | €167,063 | +€170,235 |
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 15 October 2026 via checked.be.