SPEEDY EXPRESS: 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.
SPEEDY EXPRESS
Largest movements
- Receivables within one year +€13,592
up €13,592 (+15.4%), from €88,033 to €101,625
of which Other amounts receivable: +€29,870
- Cash +€13,231
new in 2024: €13,231
mainly Tax, wage and social debts (+€17,601) and Depreciation (+€10,510)
- Tangible fixed assets -€10,510
down €10,510 (-21.1%), from €49,925 to €39,415
of which Furniture and vehicles: -€10,510
- Tax, wage and social debts +€17,601
up €17,601 (+76.5%), from €23,008 to €40,609
of which Taxes: +€20,371
- Debts after one year -€16,312
down €16,312 (-23.1%), from €70,624 to €54,312
- Reserves +€10,220
up €10,220 (+46.8%), from €21,815 to €32,035
of which Distributable reserves: +€10,220
- Trade debts +€4,321
up €4,321 (+44.4%), from €9,740 to €14,061
- Gross operating margin +€16,822
up €16,822 (+29.3%), from €57,411 to €74,232
- Depreciation +€7,950
up €7,950 (+310.5%), from €2,560 to €10,510
- Financial charges +€5,638
up €5,638 (+136.6%), from €4,128 to €9,766
- Staff costs +€4,764
up €4,764 (+13.2%), from €36,146 to €40,911
- Taxes +€3,412
up €3,412 (+143.9%), from €2,371 to €5,783
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 | €147,629 | €163,529 | +€15,899 | +10.8% |
| Fixed assets | 21/28 | €58,925 | €48,415 | -€10,510 | -17.8% |
| Tangible fixed assets | 22/27 | €49,925 | €39,415 | -€10,510 | -21.1% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €49,925 | €39,415 | -€10,510 | -21.1% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €88,704 | €115,113 | +€26,409 | +29.8% |
| Amounts receivable within one year | 40/41 | €88,033 | €101,625 | +€13,592 | +15.4% |
| Trade receivables | 40 | €27,088 | €10,810 | -€16,278 | -60.1% |
| Other amounts receivable | 41 | €60,945 | €90,815 | +€29,870 | +49.0% |
| Cash at bank and in hand | 54/58 | - | €13,231 | +€13,231 | |
| Deferred charges and accrued income | 490/1 | €671 | €257 | -€414 | -61.7% |
| Total equity and liabilities | 10/49 | €147,629 | €163,529 | +€15,899 | +10.8% |
| Equity | 10/15 | €28,015 | €38,235 | +€10,220 | +36.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,815 | €32,035 | +€10,220 | +46.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,955 | €30,175 | +€10,220 | +51.2% |
| Amounts payable | 17/49 | €119,614 | €125,294 | +€5,680 | +4.7% |
| Amounts payable after more than one year | 17 | €70,624 | €54,312 | -€16,312 | -23.1% |
| Financial debts | 170/4 | €70,624 | €54,312 | -€16,312 | -23.1% |
| Amounts payable within one year | 42/48 | €48,990 | €70,982 | +€21,992 | +44.9% |
| Current portion of amounts payable after more than one year | 42 | €16,230 | €16,312 | +€82 | +0.5% |
| Financial debts | 43 | €13 | - | -€13 | |
| Credit institutions | 430/8 | €13 | - | -€13 | |
| Trade debts | 44 | €9,740 | €14,061 | +€4,321 | +44.4% |
| Suppliers | 440/4 | €9,740 | €14,061 | +€4,321 | +44.4% |
| Taxes, remuneration and social security | 45 | €23,008 | €40,609 | +€17,601 | +76.5% |
| Taxes | 450/3 | €7,768 | €28,139 | +€20,371 | +262.3% |
| Remuneration and social security | 454/9 | €15,240 | €12,470 | -€2,770 | -18.2% |
| Remuneration, social security and pensions | 62 | €36,146 | €40,911 | +€4,764 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,560 | €10,510 | +€7,950 | +310.5% |
| Other operating charges | 640/8 | €3,335 | €960 | -€2,375 | -71.2% |
| Non-recurring operating charges | 66A | €8,921 | - | -€8,921 | |
| Gross operating margin | 9900 | €57,411 | €74,232 | +€16,822 | +29.3% |
| Operating profit (loss) | 9901 | €6,448 | €21,852 | +€15,404 | +238.9% |
| Financial income | 75/76B | €4,283 | €3,917 | -€366 | -8.6% |
| Recurring financial income | 75 | €4,283 | €3,917 | -€366 | -8.6% |
| Financial charges | 65/66B | €4,128 | €9,766 | +€5,638 | +136.6% |
| Recurring financial charges | 65 | €4,128 | €9,766 | +€5,638 | +136.6% |
| Profit (loss) for the period before taxes | 9903 | €6,603 | €16,003 | +€9,400 | +142.3% |
| Income taxes | 67/77 | €2,371 | €5,783 | +€3,412 | +143.9% |
| Profit (loss) for the period | 9904 | €4,232 | €10,220 | +€5,988 | +141.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,232 | €10,220 | +€5,988 | +141.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.