SPEELHOF: 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.
SPEELHOF
Largest movements
- Receivables within one year -€7,678
no longer reported in 2025 (was €7,678)
- Tangible fixed assets -€1,030
down €1,030 (-5.9%), from €17,365 to €16,335
of which Plant, machinery and equipment: -€658
- Deferred charges and accrued income -€708
no longer reported in 2025 (was €708)
- Profit (loss) carried forward -€8,763
down €8,763 (-16.9%), from -€51,803 to -€60,565
- Other debts -€714
no longer reported in 2025 (was €714)
- Gross operating margin -€4,563
down €4,563, from €270 to -€4,293
- Financial charges +€1,100
up €1,100 (+8,092%), from €14 to €1,113
- Other operating charges +€49
up €49 (+2.2%), from €2,276 to €2,325
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.
Derived cash bridge
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 | €25,764 | €16,335 | -€9,429 | -36.6% |
| Fixed assets | 21/28 | €17,365 | €16,335 | -€1,030 | -5.9% |
| Tangible fixed assets | 22/27 | €17,365 | €16,335 | -€1,030 | -5.9% |
| Land and buildings | 22 | €15,582 | €15,210 | -€372 | -2.4% |
| Plant, machinery and equipment | 23 | €1,783 | €1,124 | -€658 | -36.9% |
| Current assets | 29/58 | €8,399 | - | -€8,399 | |
| Amounts receivable within one year | 40/41 | €7,678 | - | -€7,678 | |
| Other amounts receivable | 41 | €7,678 | - | -€7,678 | |
| Cash at bank and in hand | 54/58 | €13 | - | -€13 | |
| Deferred charges and accrued income | 490/1 | €708 | - | -€708 | |
| Total equity and liabilities | 10/49 | €25,764 | €16,335 | -€9,429 | -36.6% |
| Equity | 10/15 | €24,449 | €15,687 | -€8,763 | -35.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €14,279 | €14,279 | = | 0.0% |
| Distributable reserves | 133 | €14,279 | €14,279 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,803 | -€60,565 | -€8,763 | -16.9% |
| Amounts payable | 17/49 | €1,314 | €648 | -€666 | -50.7% |
| Amounts payable within one year | 42/48 | €1,314 | €648 | -€666 | -50.7% |
| Trade debts | 44 | €601 | €648 | +€47 | +7.9% |
| Suppliers | 440/4 | €601 | €648 | +€47 | +7.9% |
| Other amounts payable | 47/48 | €714 | - | -€714 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,030 | €1,030 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,276 | €2,325 | +€49 | +2.2% |
| Gross operating margin | 9900 | €270 | -€4,293 | -€4,563 | |
| Operating profit (loss) | 9901 | -€3,037 | -€7,649 | -€4,612 | -152% |
| Financial charges | 65/66B | €14 | €1,113 | +€1,100 | +8,092% |
| Recurring financial charges | 65 | €14 | €1,113 | +€1,100 | +8,092% |
| Profit (loss) for the period before taxes | 9903 | -€3,050 | -€8,763 | -€5,712 | -187% |
| Profit (loss) for the period | 9904 | -€3,050 | -€8,763 | -€5,712 | -187% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,050 | -€8,763 | -€5,712 | -187% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.