SPEELMAKERS: 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.
SPEELMAKERS
Largest movements
- Cash -€35,618
down €35,618 (-55.2%), from €64,491 to €28,874
mainly Net result for the year (-€58,781) and Receivables within one year (-€9,009)
- Receivables within one year +€9,009
up €9,009 (+12.3%), from €73,437 to €82,446
of which Trade receivables: +€10,220
- Tangible fixed assets -€1,561
down €1,561 (-47.5%), from €3,285 to €1,725
of which Furniture and vehicles: -€1,205
- Profit (loss) carried forward -€58,781
down €58,781 (-86.4%), from €68,033 to €9,251
- Tax, wage and social debts +€24,715
up €24,715 (+79.8%), from €30,988 to €55,702
of which Remuneration and social security: +€21,586
- Trade debts +€7,205
up €7,205 (+95.1%), from €7,577 to €14,782
- Staff costs +€117,180
up €117,180 (+165.1%), from €70,981 to €188,161
- Gross operating margin +€29,458
up €29,458 (+28.3%), from €103,969 to €133,428
- Taxes -€9,632
down €9,632 (-98.6%), from €9,773 to €141
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 | €143,601 | €116,791 | -€26,810 | -18.7% |
| Fixed assets | 21/28 | €3,285 | €1,725 | -€1,561 | -47.5% |
| Tangible fixed assets | 22/27 | €3,285 | €1,725 | -€1,561 | -47.5% |
| Plant, machinery and equipment | 23 | €762 | €406 | -€356 | -46.7% |
| Furniture and vehicles | 24 | €2,524 | €1,319 | -€1,205 | -47.7% |
| Current assets | 29/58 | €140,316 | €115,066 | -€25,249 | -18.0% |
| Amounts receivable within one year | 40/41 | €73,437 | €82,446 | +€9,009 | +12.3% |
| Trade receivables | 40 | €69,418 | €79,638 | +€10,220 | +14.7% |
| Other amounts receivable | 41 | €4,019 | €2,808 | -€1,211 | -30.1% |
| Cash at bank and in hand | 54/58 | €64,491 | €28,874 | -€35,618 | -55.2% |
| Deferred charges and accrued income | 490/1 | €2,387 | €3,747 | +€1,360 | +57.0% |
| Total equity and liabilities | 10/49 | €143,601 | €116,791 | -€26,810 | -18.7% |
| Equity | 10/15 | €92,708 | €33,926 | -€58,781 | -63.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,475 | €18,475 | = | 0.0% |
| Distributable reserves | 133 | €18,475 | €18,475 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,033 | €9,251 | -€58,781 | -86.4% |
| Amounts payable | 17/49 | €50,893 | €82,865 | +€31,972 | +62.8% |
| Amounts payable within one year | 42/48 | €41,293 | €72,865 | +€31,572 | +76.5% |
| Financial debts | 43 | - | €203 | +€203 | |
| Credit institutions | 430/8 | - | €203 | +€203 | |
| Trade debts | 44 | €7,577 | €14,782 | +€7,205 | +95.1% |
| Suppliers | 440/4 | €7,577 | €14,782 | +€7,205 | +95.1% |
| Taxes, remuneration and social security | 45 | €30,988 | €55,702 | +€24,715 | +79.8% |
| Taxes | 450/3 | €26,255 | €29,383 | +€3,129 | +11.9% |
| Remuneration and social security | 454/9 | €4,733 | €26,319 | +€21,586 | +456.1% |
| Other amounts payable | 47/48 | €2,729 | €2,178 | -€551 | -20.2% |
| Accrued charges and deferred income | 492/3 | €9,600 | €10,000 | +€400 | +4.2% |
| Remuneration, social security and pensions | 62 | €70,981 | €188,161 | +€117,180 | +165.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,672 | €3,022 | -€650 | -17.7% |
| Other operating charges | 640/8 | €1,430 | €681 | -€749 | -52.4% |
| Gross operating margin | 9900 | €103,969 | €133,428 | +€29,458 | +28.3% |
| Operating profit (loss) | 9901 | €27,887 | -€58,436 | -€86,323 | |
| Financial income | 75/76B | €180 | €0 | -€180 | -99.9% |
| Recurring financial income | 75 | €180 | €0 | -€180 | -99.9% |
| Financial charges | 65/66B | €461 | €204 | -€257 | -55.7% |
| Recurring financial charges | 65 | €461 | €204 | -€257 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | €27,606 | -€58,641 | -€86,246 | |
| Income taxes | 67/77 | €9,773 | €141 | -€9,632 | -98.6% |
| Profit (loss) for the period | 9904 | €17,833 | -€58,781 | -€76,614 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,833 | -€58,781 | -€76,614 |
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 11 October 2026 via checked.be.