SPEED2SCALE: what changed
Two fiscal 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.
SPEED2SCALE
Largest movements
- Receivables within one year -€13,387
down €13,387 (-56.5%), from €23,713 to €10,326
of which Other amounts receivable: -€13,287
- Tangible fixed assets -€9,461
down €9,461 (-29.7%), from €31,866 to €22,405
of which Furniture and vehicles: -€7,881
- Other debts -€17,504
down €17,504 (-84.6%), from €20,684 to €3,180
- Profit (loss) carried forward -€11,247
down €11,247 (-51.2%), from €21,972 to €10,725
- Trade debts +€8,855
up €8,855 (+504.7%), from €1,755 to €10,610
- Tax, wage and social debts -€2,478
no longer reported in 2024 (was €2,478)
- Purchases and services -€32,025
no longer reported in 2024 (was €32,025)
- Gross operating margin +€27,201
up €27,201, from -€23,330 to €3,871
- Taxes -€13,242
no longer reported in 2024 (was €13,242)
- Other operating charges +€3,854
up €3,854 (+423.4%), from €910 to €4,765
- Depreciation -€3,212
down €3,212 (-24.0%), from €13,373 to €10,161
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.
Cash bridge derived
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 | €58,210 | €35,836 | -€22,375 | -38.4% |
| Fixed assets | 21/28 | €31,866 | €22,405 | -€9,461 | -29.7% |
| Tangible fixed assets | 22/27 | €31,866 | €22,405 | -€9,461 | -29.7% |
| Furniture and vehicles | 24 | €18,109 | €10,228 | -€7,881 | -43.5% |
| Other tangible fixed assets | 26 | €13,757 | €12,177 | -€1,580 | -11.5% |
| Current assets | 29/58 | €26,345 | €13,431 | -€12,914 | -49.0% |
| Amounts receivable within one year | 40/41 | €23,713 | €10,326 | -€13,387 | -56.5% |
| Trade receivables | 40 | €10,426 | €10,326 | -€100 | -1.0% |
| Other amounts receivable | 41 | €13,287 | - | -€13,287 | |
| Cash at bank and in hand | 54/58 | €2,435 | €2,947 | +€511 | +21.0% |
| Deferred charges and accrued income | 490/1 | €196 | €158 | -€37 | -19.1% |
| Total equity and liabilities | 10/49 | €58,210 | €35,836 | -€22,375 | -38.4% |
| Equity | 10/15 | €30,094 | €18,847 | -€11,247 | -37.4% |
| Contributions | 10/11 | €6,262 | €6,262 | = | 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 | €21,972 | €10,725 | -€11,247 | -51.2% |
| Amounts payable | 17/49 | €28,116 | €16,989 | -€11,127 | -39.6% |
| Amounts payable within one year | 42/48 | €28,116 | €16,989 | -€11,127 | -39.6% |
| Trade debts | 44 | €1,755 | €10,610 | +€8,855 | +504.7% |
| Suppliers | 440/4 | €1,755 | €10,610 | +€8,855 | +504.7% |
| Advances received on contracts in progress | 46 | €3,199 | €3,199 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,478 | - | -€2,478 | |
| Taxes | 450/3 | €2,478 | - | -€2,478 | |
| Other amounts payable | 47/48 | €20,684 | €3,180 | -€17,504 | -84.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €32,025 | - | -€32,025 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,373 | €10,161 | -€3,212 | -24.0% |
| Other operating charges | 640/8 | €910 | €4,765 | +€3,854 | +423.4% |
| Gross operating margin | 9900 | -€23,330 | €3,871 | +€27,201 | |
| Operating profit (loss) | 9901 | -€37,614 | -€11,054 | +€26,559 | +70.6% |
| Financial charges | 65/66B | €156 | €193 | +€37 | +23.6% |
| Recurring financial charges | 65 | €156 | €193 | +€37 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | -€37,770 | -€11,247 | +€26,522 | +70.2% |
| Income taxes | 67/77 | €13,242 | - | -€13,242 | |
| Profit (loss) for the period | 9904 | -€51,011 | -€11,247 | +€39,764 | +78.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,011 | -€11,247 | +€39,764 | +78.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.