SPEED INVEST: 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 INVEST
Largest movements
- Tangible fixed assets -€6,362
down €6,362 (-3.4%), from €188,323 to €181,961
of which Land and buildings: -€4,862
- Other debts -€6,771
down €6,771 (-19.0%), from €35,689 to €28,919
- Current portion of long-term debt -€5,309
down €5,309 (-57.3%), from €9,259 to €3,950
- Profit (loss) carried forward +€4,069
up €4,069, from -€4,051 to €18
- Reserves +€4,000
up €4,000 (+39.2%), from €10,197 to €14,197
of which Distributable reserves: +€4,000
- Debts after one year -€3,950
down €3,950 (-5.2%), from €75,950 to €72,000
- Taxes +€1,019
new in 2025: €1,019
- Depreciation -€557
down €557 (-5.7%), from €9,762 to €9,205
- Gross operating margin +€373
up €373 (+1.7%), from €22,358 to €22,731
- Financial charges -€283
down €283 (-36.9%), from €767 to €484
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 | €189,239 | €182,950 | -€6,289 | -3.3% |
| Fixed assets | 21/28 | €188,323 | €181,961 | -€6,362 | -3.4% |
| Tangible fixed assets | 22/27 | €188,323 | €181,961 | -€6,362 | -3.4% |
| Land and buildings | 22 | €186,823 | €181,961 | -€4,862 | -2.6% |
| Furniture and vehicles | 24 | €1,500 | €0 | -€1,500 | -100% |
| Current assets | 29/58 | €916 | €989 | +€73 | +8.0% |
| Cash at bank and in hand | 54/58 | €916 | €989 | +€73 | +8.0% |
| Total equity and liabilities | 10/49 | €189,239 | €182,950 | -€6,289 | -3.3% |
| Equity | 10/15 | €68,120 | €76,189 | +€8,069 | +11.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €10,197 | €14,197 | +€4,000 | +39.2% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €8,000 | +€4,000 | +100% |
| Profit (loss) carried forward | 14 | -€4,051 | €18 | +€4,069 | |
| Amounts payable | 17/49 | €121,120 | €106,761 | -€14,358 | -11.9% |
| Amounts payable after more than one year | 17 | €75,950 | €72,000 | -€3,950 | -5.2% |
| Financial debts | 170/4 | €75,950 | €72,000 | -€3,950 | -5.2% |
| Amounts payable within one year | 42/48 | €45,169 | €34,761 | -€10,408 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €9,259 | €3,950 | -€5,309 | -57.3% |
| Trade debts | 44 | €221 | €873 | +€652 | +295% |
| Suppliers | 440/4 | €221 | €873 | +€652 | +295% |
| Taxes, remuneration and social security | 45 | - | €1,019 | +€1,019 | |
| Taxes | 450/3 | - | €1,019 | +€1,019 | |
| Other amounts payable | 47/48 | €35,689 | €28,919 | -€6,771 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,762 | €9,205 | -€557 | -5.7% |
| Other operating charges | 640/8 | €3,853 | €3,954 | +€101 | +2.6% |
| Gross operating margin | 9900 | €22,358 | €22,731 | +€373 | +1.7% |
| Operating profit (loss) | 9901 | €8,743 | €9,573 | +€830 | +9.5% |
| Financial charges | 65/66B | €767 | €484 | -€283 | -36.9% |
| Recurring financial charges | 65 | €767 | €484 | -€283 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €7,976 | €9,089 | +€1,112 | +13.9% |
| Income taxes | 67/77 | - | €1,019 | +€1,019 | |
| Profit (loss) for the period | 9904 | €7,976 | €8,069 | +€93 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,976 | €8,069 | +€93 | +1.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.