SPEED SERVICE: 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 SERVICE
Largest movements
- Cash +€37,957
up €37,957 (+24.4%), from €155,750 to €193,706
mainly Net result for the year (+€33,195) and Tax, wage and social debts (+€6,447)
- Profit (loss) carried forward +€33,195
up €33,195 (+26.1%), from €127,103 to €160,298
- Tax, wage and social debts +€6,447
up €6,447 (+79.6%), from €8,098 to €14,545
- Other debts -€2,697
down €2,697 (-82.4%), from €3,273 to €576
- Gross operating margin +€24,243
up €24,243 (+102%), from €23,740 to €47,983
- Taxes +€10,962
up €10,962 (+549%), from €1,995 to €12,957
- Other operating charges -€865
down €865 (-27.9%), from €3,102 to €2,237
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,469 | €196,084 | +€36,615 | +23.0% |
| Fixed assets | 21/28 | €1,815 | €1,815 | = | 0.0% |
| Financial fixed assets | 28 | €1,815 | €1,815 | = | 0.0% |
| Current assets | 29/58 | €157,653 | €194,269 | +€36,615 | +23.2% |
| Stocks and contracts in progress | 3 | €94 | €562 | +€469 | +501% |
| Stocks | 30/36 | €94 | €562 | +€469 | +501% |
| Amounts receivable within one year | 40/41 | €1,810 | - | -€1,810 | |
| Trade receivables | 40 | €1,210 | - | -€1,210 | |
| Other amounts receivable | 41 | €600 | - | -€600 | |
| Cash at bank and in hand | 54/58 | €155,750 | €193,706 | +€37,957 | +24.4% |
| Total equity and liabilities | 10/49 | €159,469 | €196,084 | +€36,615 | +23.0% |
| Equity | 10/15 | €147,563 | €180,758 | +€33,195 | +22.5% |
| 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 | €127,103 | €160,298 | +€33,195 | +26.1% |
| Amounts payable | 17/49 | €11,905 | €15,325 | +€3,420 | +28.7% |
| Amounts payable within one year | 42/48 | €11,372 | €15,325 | +€3,954 | +34.8% |
| Trade debts | 44 | - | €204 | +€204 | |
| Suppliers | 440/4 | - | €204 | +€204 | |
| Taxes, remuneration and social security | 45 | €8,098 | €14,545 | +€6,447 | +79.6% |
| Taxes | 450/3 | €8,098 | €14,545 | +€6,447 | +79.6% |
| Other amounts payable | 47/48 | €3,273 | €576 | -€2,697 | -82.4% |
| Accrued charges and deferred income | 492/3 | €534 | - | -€534 | |
| Non-recurring operating income | 76A | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €282 | - | -€282 | |
| Other operating charges | 640/8 | €3,102 | €2,237 | -€865 | -27.9% |
| Gross operating margin | 9900 | €23,740 | €47,983 | +€24,243 | +102% |
| Operating profit (loss) | 9901 | €20,356 | €45,746 | +€25,390 | +125% |
| Financial income | 75/76B | €344 | €661 | +€317 | +92.2% |
| Recurring financial income | 75 | €344 | €661 | +€317 | +92.2% |
| Financial charges | 65/66B | €249 | €255 | +€5 | +2.1% |
| Recurring financial charges | 65 | €249 | €255 | +€5 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €20,450 | €46,152 | +€25,702 | +126% |
| Income taxes | 67/77 | €1,995 | €12,957 | +€10,962 | +549% |
| Profit (loss) for the period | 9904 | €18,455 | €33,195 | +€14,740 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,455 | €33,195 | +€14,740 | +79.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.