SpeedUp Consulting: 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.
SpeedUp Consulting
Largest movements
- Receivables within one year +€29,482
up €29,482 (+14.2%), from €206,932 to €236,414
of which Other amounts receivable: +€67,413
- Tangible fixed assets -€12,849
down €12,849 (-41.5%), from €30,967 to €18,118
of which Furniture and vehicles: -€12,457
- Cash -€2,884
down €2,884 (-52.4%), from €5,500 to €2,616
mainly Trade debts (-€37,672) and Receivables within one year (-€29,482)
- Trade debts -€37,672
down €37,672 (-71.3%), from €52,823 to €15,150
- Profit (loss) carried forward +€23,604
up €23,604 (+31.6%), from €74,786 to €98,390
- Advances received +€19,004
up €19,004 (+896%), from €2,121 to €21,125
- Tax, wage and social debts +€8,813
up €8,813 (+72.0%), from €12,245 to €21,058
- Gross operating margin -€10,167
down €10,167 (-23.6%), from €43,051 to €32,884
- Financial income +€8,825
up €8,825 (+123%), from €7,156 to €15,981
- Purchases and services +€6,674
up €6,674 (+4.4%), from €152,040 to €158,714
- Turnover -€4,016
down €4,016 (-2.1%), from €195,090 to €191,075
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 | €243,475 | €257,224 | +€13,749 | +5.6% |
| Fixed assets | 21/28 | €31,043 | €18,194 | -€12,849 | -41.4% |
| Tangible fixed assets | 22/27 | €30,967 | €18,118 | -€12,849 | -41.5% |
| Plant, machinery and equipment | 23 | €586 | €193 | -€392 | -67.0% |
| Furniture and vehicles | 24 | €30,381 | €17,924 | -€12,457 | -41.0% |
| Financial fixed assets | 28 | €76 | €76 | = | 0.0% |
| Current assets | 29/58 | €212,432 | €239,030 | +€26,598 | +12.5% |
| Amounts receivable within one year | 40/41 | €206,932 | €236,414 | +€29,482 | +14.2% |
| Trade receivables | 40 | €49,831 | €11,900 | -€37,931 | -76.1% |
| Other amounts receivable | 41 | €157,101 | €224,514 | +€67,413 | +42.9% |
| Cash at bank and in hand | 54/58 | €5,500 | €2,616 | -€2,884 | -52.4% |
| Total equity and liabilities | 10/49 | €243,475 | €257,224 | +€13,749 | +5.6% |
| Equity | 10/15 | €76,286 | €99,890 | +€23,604 | +30.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,786 | €98,390 | +€23,604 | +31.6% |
| Amounts payable | 17/49 | €167,189 | €157,333 | -€9,855 | -5.9% |
| Amounts payable within one year | 42/48 | €67,189 | €57,333 | -€9,855 | -14.7% |
| Trade debts | 44 | €52,823 | €15,150 | -€37,672 | -71.3% |
| Suppliers | 440/4 | €52,823 | €15,150 | -€37,672 | -71.3% |
| Advances received on contracts in progress | 46 | €2,121 | €21,125 | +€19,004 | +896% |
| Taxes, remuneration and social security | 45 | €12,245 | €21,058 | +€8,813 | +72.0% |
| Taxes | 450/3 | €12,245 | €21,058 | +€8,813 | +72.0% |
| Accrued charges and deferred income | 492/3 | €100,000 | €100,000 | = | 0.0% |
| Turnover | 70 | €195,090 | €191,075 | -€4,016 | -2.1% |
| Non-recurring operating income | 76A | - | €522 | +€522 | |
| Goods, raw materials, services and sundry goods | 60/61 | €152,040 | €158,714 | +€6,674 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,137 | €9,922 | -€1,215 | -10.9% |
| Other operating charges | 640/8 | €2,222 | €2,105 | -€117 | -5.2% |
| Gross operating margin | 9900 | €43,051 | €32,884 | -€10,167 | -23.6% |
| Operating profit (loss) | 9901 | €29,692 | €20,856 | -€8,835 | -29.8% |
| Financial income | 75/76B | €7,156 | €15,981 | +€8,825 | +123% |
| Recurring financial income | 75 | €7,156 | €15,981 | +€8,825 | +123% |
| Financial charges | 65/66B | €2,615 | €3,048 | +€433 | +16.6% |
| Recurring financial charges | 65 | €2,615 | €3,048 | +€433 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €34,232 | €33,789 | -€444 | -1.3% |
| Income taxes | 67/77 | €10,000 | €10,185 | +€185 | +1.8% |
| Profit (loss) for the period | 9904 | €24,233 | €23,604 | -€628 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,233 | €23,604 | -€628 | -2.6% |
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 13 October 2026 via checked.be.