Speed4web: 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.
Speed4web
Largest movements
- Receivables within one year +€22,733
up €22,733 (+36.5%), from €62,344 to €85,077
- Profit (loss) carried forward +€70,865
up €70,865 (+74.0%), from €95,792 to €166,657
- Debts after one year -€51,336
down €51,336 (-23.9%), from €214,938 to €163,602
- Short-term financial debts +€15,000
new in 2025: €15,000
- Tax, wage and social debts -€7,487
down €7,487 (-14.4%), from €52,176 to €44,689
- Gross operating margin +€19,646
up €19,646 (+23.9%), from €82,270 to €101,916
- Taxes +€4,859
up €4,859 (+22.4%), from €21,660 to €26,519
- Financial income +€1,376
up €1,376 (+48.6%), from €2,835 to €4,211
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.
Cash bridge derived
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 | €515,702 | €544,595 | +€28,894 | +5.6% |
| Fixed assets | 21/28 | €452,000 | €454,291 | +€2,291 | +0.5% |
| Tangible fixed assets | 22/27 | - | €2,291 | +€2,291 | |
| Furniture and vehicles | 24 | - | €2,291 | +€2,291 | |
| Financial fixed assets | 28 | €452,000 | €452,000 | = | 0.0% |
| Current assets | 29/58 | €63,702 | €90,304 | +€26,602 | +41.8% |
| Amounts receivable within one year | 40/41 | €62,344 | €85,077 | +€22,733 | +36.5% |
| Other amounts receivable | 41 | €62,344 | €85,077 | +€22,733 | +36.5% |
| Current investments | 50/53 | - | €500 | +€500 | |
| Cash at bank and in hand | 54/58 | €1 | €2,890 | +€2,889 | +204873.0% |
| Deferred charges and accrued income | 490/1 | €1,356 | €1,837 | +€480 | +35.4% |
| Total equity and liabilities | 10/49 | €515,702 | €544,595 | +€28,894 | +5.6% |
| Equity | 10/15 | €114,392 | €185,257 | +€70,865 | +61.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,792 | €166,657 | +€70,865 | +74.0% |
| Amounts payable | 17/49 | €401,309 | €359,338 | -€41,971 | -10.5% |
| Amounts payable after more than one year | 17 | €214,938 | €163,602 | -€51,336 | -23.9% |
| Financial debts | 170/4 | €214,938 | €163,602 | -€51,336 | -23.9% |
| Amounts payable within one year | 42/48 | €171,971 | €181,336 | +€9,365 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €49,815 | €51,336 | +€1,521 | +3.1% |
| Financial debts | 43 | - | €15,000 | +€15,000 | |
| Other loans | 439 | - | €15,000 | +€15,000 | |
| Trade debts | 44 | €41,726 | €38,633 | -€3,093 | -7.4% |
| Suppliers | 440/4 | €41,726 | €38,633 | -€3,093 | -7.4% |
| Taxes, remuneration and social security | 45 | €52,176 | €44,689 | -€7,487 | -14.4% |
| Taxes | 450/3 | €52,176 | €44,689 | -€7,487 | -14.4% |
| Other amounts payable | 47/48 | €28,254 | €31,678 | +€3,425 | +12.1% |
| Accrued charges and deferred income | 492/3 | €14,400 | €14,400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €272 | +€272 | |
| Other operating charges | 640/8 | €165 | €160 | -€5 | -2.9% |
| Non-recurring operating charges | 66A | €1,506 | - | -€1,506 | |
| Gross operating margin | 9900 | €82,270 | €101,916 | +€19,646 | +23.9% |
| Operating profit (loss) | 9901 | €80,599 | €101,484 | +€20,885 | +25.9% |
| Financial income | 75/76B | €2,835 | €4,211 | +€1,376 | +48.6% |
| Recurring financial income | 75 | €2,835 | €4,211 | +€1,376 | +48.6% |
| Financial charges | 65/66B | €9,310 | €8,311 | -€999 | -10.7% |
| Recurring financial charges | 65 | €9,310 | €8,311 | -€999 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €74,124 | €97,384 | +€23,260 | +31.4% |
| Income taxes | 67/77 | €21,660 | €26,519 | +€4,859 | +22.4% |
| Profit (loss) for the period | 9904 | €52,464 | €70,865 | +€18,401 | +35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,464 | €70,865 | +€18,401 | +35.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.