speelman communication: 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.
speelman communication
Largest movements
- Cash -€145,905
down €145,905 (-55.0%), from €265,144 to €119,239
mainly Net result for the year (-€75,339) and Current investments (-€50,579)
- Current investments +€50,579
up €50,579 (+47.1%), from €107,415 to €157,995
- Receivables within one year +€14,326
up €14,326 (+136%), from €10,546 to €24,871
- Profit (loss) carried forward -€75,339
down €75,339, from €68,892 to -€6,448
- Debts after one year -€13,277
down €13,277 (-14.5%), from €91,612 to €78,336
- Gross operating margin -€146,281
down €146,281, from €88,669 to -€57,612
- Taxes -€23,697
down €23,697, from €23,653 to -€44
- Other operating charges -€1,188
down €1,188 (-39.0%), from €3,050 to €1,862
- Depreciation +€953
up €953 (+9.9%), from €9,579 to €10,532
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 | €589,694 | €504,045 | -€85,649 | -14.5% |
| Fixed assets | 21/28 | €206,338 | €201,682 | -€4,656 | -2.3% |
| Tangible fixed assets | 22/27 | €206,338 | €201,682 | -€4,656 | -2.3% |
| Land and buildings | 22 | €203,409 | €194,444 | -€8,966 | -4.4% |
| Plant, machinery and equipment | 23 | €2,928 | €7,238 | +€4,310 | +147% |
| Current assets | 29/58 | €383,356 | €302,363 | -€80,993 | -21.1% |
| Amounts receivable within one year | 40/41 | €10,546 | €24,871 | +€14,326 | +136% |
| Other amounts receivable | 41 | €10,546 | €24,871 | +€14,326 | +136% |
| Current investments | 50/53 | €107,415 | €157,995 | +€50,579 | +47.1% |
| Cash at bank and in hand | 54/58 | €265,144 | €119,239 | -€145,905 | -55.0% |
| Deferred charges and accrued income | 490/1 | €252 | €259 | +€7 | +2.9% |
| Total equity and liabilities | 10/49 | €589,694 | €504,045 | -€85,649 | -14.5% |
| Equity | 10/15 | €484,305 | €408,965 | -€75,339 | -15.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Contributions outside capital | 11 | €8,060 | €8,060 | = | 0.0% |
| Other | 1109/19 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €407,353 | €407,353 | = | 0.0% |
| Distributable reserves | 133 | €407,353 | €407,353 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,892 | -€6,448 | -€75,339 | |
| Amounts payable | 17/49 | €105,389 | €95,080 | -€10,310 | -9.8% |
| Amounts payable after more than one year | 17 | €91,612 | €78,336 | -€13,277 | -14.5% |
| Financial debts | 170/4 | €91,612 | €78,336 | -€13,277 | -14.5% |
| Amounts payable within one year | 42/48 | €13,777 | €16,744 | +€2,967 | +21.5% |
| Current portion of amounts payable after more than one year | 42 | €12,652 | €13,277 | +€625 | +4.9% |
| Trade debts | 44 | - | €2,378 | +€2,378 | |
| Suppliers | 440/4 | - | €2,378 | +€2,378 | |
| Taxes, remuneration and social security | 45 | €1,125 | €1,089 | -€36 | -3.2% |
| Taxes | 450/3 | €1,125 | €1,089 | -€36 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,579 | €10,532 | +€953 | +9.9% |
| Other operating charges | 640/8 | €3,050 | €1,862 | -€1,188 | -39.0% |
| Gross operating margin | 9900 | €88,669 | -€57,612 | -€146,281 | |
| Operating profit (loss) | 9901 | €76,040 | -€70,006 | -€146,046 | |
| Financial income | 75/76B | €138 | €467 | +€329 | +239% |
| Recurring financial income | 75 | €138 | €467 | +€329 | +239% |
| Financial charges | 65/66B | €6,528 | €5,844 | -€684 | -10.5% |
| Recurring financial charges | 65 | €6,528 | €5,844 | -€684 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €69,650 | -€75,383 | -€145,033 | |
| Income taxes | 67/77 | €23,653 | -€44 | -€23,697 | |
| Profit (loss) for the period | 9904 | €45,997 | -€75,339 | -€121,336 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,997 | -€75,339 | -€121,336 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.