SPEEDVAN: 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.
SPEEDVAN
Largest movements
- Cash -€7,078
down €7,078 (-77.0%), from €9,195 to €2,117
mainly Debts after one year (-€14,380) and Investment in fixed assets (net) (-€9,539)
- Receivables within one year +€6,821
up €6,821 (+123.2%), from €5,536 to €12,357
of which Other amounts receivable: +€6,615
- Tangible fixed assets -€3,121
down €3,121 (-3.8%), from €81,628 to €78,508
of which Land and buildings: -€8,151
- Debts after one year -€14,380
no longer reported in 2025 (was €14,380)
- Trade debts +€4,884
up €4,884 (+126.4%), from €3,865 to €8,748
- Other debts +€3,000
new in 2025: €3,000
- Current portion of long-term debt +€2,703
up €2,703 (+23.1%), from €11,677 to €14,380
- Gross operating margin +€30,267
up €30,267, from -€14,433 to €15,834
- Taxes -€4,492
no longer reported in 2025 (was €4,492)
- Depreciation +€1,265
up €1,265 (+11.1%), from €11,394 to €12,660
- Financial charges -€160
down €160 (-17.0%), from €940 to €781
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 | €96,738 | €93,377 | -€3,360 | -3.5% |
| Fixed assets | 21/28 | €81,628 | €78,508 | -€3,121 | -3.8% |
| Tangible fixed assets | 22/27 | €81,628 | €78,508 | -€3,121 | -3.8% |
| Land and buildings | 22 | €79,369 | €71,218 | -€8,151 | -10.3% |
| Furniture and vehicles | 24 | €2,260 | €7,290 | +€5,030 | +222.6% |
| Current assets | 29/58 | €15,109 | €14,870 | -€239 | -1.6% |
| Amounts receivable within one year | 40/41 | €5,536 | €12,357 | +€6,821 | +123.2% |
| Trade receivables | 40 | - | €206 | +€206 | |
| Other amounts receivable | 41 | €5,536 | €12,151 | +€6,615 | +119.5% |
| Cash at bank and in hand | 54/58 | €9,195 | €2,117 | -€7,078 | -77.0% |
| Deferred charges and accrued income | 490/1 | €378 | €396 | +€18 | +4.8% |
| Total equity and liabilities | 10/49 | €96,738 | €93,377 | -€3,360 | -3.5% |
| Equity | 10/15 | €59,526 | €59,965 | +€439 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,000 | €47,000 | = | 0.0% |
| Distributable reserves | 133 | €47,000 | €47,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,074 | -€5,635 | +€439 | +7.2% |
| Amounts payable | 17/49 | €37,212 | €33,413 | -€3,799 | -10.2% |
| Amounts payable after more than one year | 17 | €14,380 | - | -€14,380 | |
| Financial debts | 170/4 | €14,380 | - | -€14,380 | |
| Amounts payable within one year | 42/48 | €22,832 | €33,413 | +€10,581 | +46.3% |
| Current portion of amounts payable after more than one year | 42 | €11,677 | €14,380 | +€2,703 | +23.1% |
| Trade debts | 44 | €3,865 | €8,748 | +€4,884 | +126.4% |
| Suppliers | 440/4 | €3,865 | €8,748 | +€4,884 | +126.4% |
| Advances received on contracts in progress | 46 | €7,260 | €7,260 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €30 | €24 | -€6 | -19.9% |
| Taxes | 450/3 | €30 | €24 | -€6 | -19.9% |
| Other amounts payable | 47/48 | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,394 | €12,660 | +€1,265 | +11.1% |
| Other operating charges | 640/8 | €2,446 | €2,467 | +€21 | +0.8% |
| Gross operating margin | 9900 | -€14,433 | €15,834 | +€30,267 | |
| Operating profit (loss) | 9901 | -€28,273 | €708 | +€28,981 | |
| Financial income | 75/76B | €398 | €512 | +€114 | +28.5% |
| Recurring financial income | 75 | €398 | €512 | +€114 | +28.5% |
| Financial charges | 65/66B | €940 | €781 | -€160 | -17.0% |
| Recurring financial charges | 65 | €940 | €781 | -€160 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€28,816 | €439 | +€29,255 | |
| Income taxes | 67/77 | €4,492 | - | -€4,492 | |
| Profit (loss) for the period | 9904 | -€33,308 | €439 | +€33,747 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,308 | €439 | +€33,747 |
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 6 October 2026 via checked.be.