Speedy M.K.: what changed
What changed
Speedy M.K.
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
€190
2025 · €905-€715
Equity
€52,278
2025 · €79,820-€27,542
Cash
€63,821
2025 · €7,689+€56,132
Balance sheet total
€175,065
2025 · €190,113-€15,048
Largest movements
Assets
- Cash +€56,132
up €56,132 (+730%), from €7,689 to €63,821
mainly Receivables within one year (+€37,986) and Depreciation (+€21,519)
- Receivables within one year -€37,986
down €37,986 (-36.9%), from €103,032 to €65,046
of which Trade receivables: -€32,303
- Tangible fixed assets -€33,942
down €33,942 (-45.1%), from €75,325 to €41,383
of which Furniture and vehicles: -€34,982
Equity and liabilities
- Reserves -€27,733
down €27,733 (-33.7%), from €82,354 to €54,621
- Trade debts +€9,554
up €9,554 (+197%), from €4,856 to €14,409
- Other debts +€7,403
up €7,403 (+9.1%), from €81,611 to €89,014
Income statement
- Staff costs +€50,210
new in 2026: €50,210
- Gross operating margin +€31,442
up €31,442 (+50.9%), from €61,777 to €93,219
- Financial charges -€13,111
down €13,111 (-46.5%), from €28,188 to €15,077
- Depreciation -€6,620
down €6,620 (-23.5%), from €28,139 to €21,519
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€905
Gross operating margin
+€31,442
Staff costs
-€50,210
Depreciation
+€6,620
Other operating charges
-€283
Other operating items
-€1,364
Financial income
+€14
Financial charges
+€13,111
Taxes
-€45
Result 2026
€190
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€74,207
Investment
+€11,676
Financing
-€29,750
Cash 2025
€7,689
From operations (derived)
+€74,207
Net result for the year
+€190
Depreciation
+€21,519
Receivables within one year
+€37,986
Trade debts
+€9,554
Tax, wage and social debts
-€1,857
Other debts
+€7,403
Accrued charges and deferred income
-€589
Investment (derived)
+€11,676
Investment in fixed assets (net)
+€12,422
Current investments
-€746
Financing
-€29,750
Current portion of long-term debt
-€1,875
Short-term financial debts
-€143
Contributions, distributions and other
-€27,733
Cash 2026
€63,821
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,113 | €175,065 | -€15,048 | -7.9% |
| Fixed assets | 21/28 | €76,978 | €43,036 | -€33,942 | -44.1% |
| Tangible fixed assets | 22/27 | €75,325 | €41,383 | -€33,942 | -45.1% |
| Plant, machinery and equipment | 23 | €2,067 | €3,107 | +€1,040 | +50.3% |
| Furniture and vehicles | 24 | €73,257 | €38,276 | -€34,982 | -47.8% |
| Financial fixed assets | 28 | €1,653 | €1,653 | = | 0.0% |
| Current assets | 29/58 | €113,136 | €132,029 | +€18,893 | +16.7% |
| Amounts receivable within one year | 40/41 | €103,032 | €65,046 | -€37,986 | -36.9% |
| Trade receivables | 40 | €97,350 | €65,046 | -€32,303 | -33.2% |
| Other amounts receivable | 41 | €5,682 | - | -€5,682 | |
| Current investments | 50/53 | €2,415 | €3,161 | +€746 | +30.9% |
| Cash at bank and in hand | 54/58 | €7,689 | €63,821 | +€56,132 | +730% |
| Total equity and liabilities | 10/49 | €190,113 | €175,065 | -€15,048 | -7.9% |
| Equity | 10/15 | €79,820 | €52,278 | -€27,542 | -34.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €82,354 | €54,621 | -€27,733 | -33.7% |
| Distributable reserves | 133 | €82,354 | €54,621 | -€27,733 | -33.7% |
| Profit (loss) carried forward | 14 | -€10,594 | -€10,403 | +€190 | +1.8% |
| Amounts payable | 17/49 | €110,293 | €122,787 | +€12,494 | +11.3% |
| Amounts payable within one year | 42/48 | €103,521 | €116,604 | +€13,082 | +12.6% |
| Current portion of amounts payable after more than one year | 42 | €1,875 | - | -€1,875 | |
| Financial debts | 43 | €143 | - | -€143 | |
| Credit institutions | 430/8 | €143 | - | -€143 | |
| Trade debts | 44 | €4,856 | €14,409 | +€9,554 | +197% |
| Suppliers | 440/4 | €4,856 | €14,409 | +€9,554 | +197% |
| Taxes, remuneration and social security | 45 | €15,037 | €13,181 | -€1,857 | -12.3% |
| Taxes | 450/3 | €15,037 | €10,096 | -€4,941 | -32.9% |
| Remuneration and social security | 454/9 | - | €3,085 | +€3,085 | |
| Other amounts payable | 47/48 | €81,611 | €89,014 | +€7,403 | +9.1% |
| Accrued charges and deferred income | 492/3 | €6,772 | €6,183 | -€589 | -8.7% |
| Non-recurring operating income | 76A | - | €9,896 | +€9,896 | |
| Remuneration, social security and pensions | 62 | - | €50,210 | +€50,210 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,139 | €21,519 | -€6,620 | -23.5% |
| Other operating charges | 640/8 | €3,510 | €3,793 | +€283 | +8.1% |
| Non-recurring operating charges | 66A | - | €1,364 | +€1,364 | |
| Gross operating margin | 9900 | €61,777 | €93,219 | +€31,442 | +50.9% |
| Operating profit (loss) | 9901 | €30,128 | €16,333 | -€13,795 | -45.8% |
| Financial income | 75/76B | €2 | €16 | +€14 | +675% |
| Recurring financial income | 75 | €2 | €16 | +€14 | +675% |
| Financial charges | 65/66B | €28,188 | €15,077 | -€13,111 | -46.5% |
| Recurring financial charges | 65 | €28,188 | €15,077 | -€13,111 | -46.5% |
| Profit (loss) for the period before taxes | 9903 | €1,943 | €1,273 | -€670 | -34.5% |
| Income taxes | 67/77 | €1,037 | €1,082 | +€45 | +4.3% |
| Profit (loss) for the period | 9904 | €905 | €190 | -€715 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €905 | €190 | -€715 | -79.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.