SPEKKING: 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.
SPEKKING
Largest movements
- Cash +€79,606
up €79,606 (+27.8%), from €286,260 to €365,866
mainly Net result for the year (+€227,387) and Trade debts (+€58,970)
- Receivables within one year +€32,983
up €32,983 (+7.8%), from €420,532 to €453,515
of which Other amounts receivable: +€34,380
- Tangible fixed assets +€23,522
up €23,522 (+31.8%), from €73,972 to €97,494
- Trade debts +€58,970
up €58,970 (+23.8%), from €247,556 to €306,526
- Reserves +€47,387
up €47,387 (+26.0%), from €182,069 to €229,455
- Debts after one year +€34,800
new in 2025: €34,800
- Financial income -€19,149
down €19,149 (-92.5%), from €20,713 to €1,564
- Taxes -€13,547
down €13,547 (-14.7%), from €92,160 to €78,613
- Gross operating margin +€9,149
up €9,149 (+1.6%), from €583,116 to €592,265
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 | €793,816 | €927,063 | +€133,247 | +16.8% |
| Fixed assets | 21/28 | €76,472 | €99,994 | +€23,522 | +30.8% |
| Tangible fixed assets | 22/27 | €73,972 | €97,494 | +€23,522 | +31.8% |
| Furniture and vehicles | 24 | €73,972 | €97,494 | +€23,522 | +31.8% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €717,344 | €827,069 | +€109,725 | +15.3% |
| Amounts receivable within one year | 40/41 | €420,532 | €453,515 | +€32,983 | +7.8% |
| Trade receivables | 40 | €380,712 | €379,315 | -€1,397 | -0.4% |
| Other amounts receivable | 41 | €39,820 | €74,200 | +€34,380 | +86.3% |
| Cash at bank and in hand | 54/58 | €286,260 | €365,866 | +€79,606 | +27.8% |
| Deferred charges and accrued income | 490/1 | €10,552 | €7,688 | -€2,864 | -27.1% |
| Total equity and liabilities | 10/49 | €793,816 | €927,063 | +€133,247 | +16.8% |
| Equity | 10/15 | €200,669 | €248,055 | +€47,387 | +23.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €182,069 | €229,455 | +€47,387 | +26.0% |
| Distributable reserves | 133 | €182,069 | €229,455 | +€47,387 | +26.0% |
| Amounts payable | 17/49 | €593,147 | €679,008 | +€85,861 | +14.5% |
| Amounts payable after more than one year | 17 | - | €34,800 | +€34,800 | |
| Other amounts payable | 178/9 | - | €34,800 | +€34,800 | |
| Amounts payable within one year | 42/48 | €593,147 | €644,208 | +€51,061 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €6,711 | €9,568 | +€2,857 | +42.6% |
| Trade debts | 44 | €247,556 | €306,526 | +€58,970 | +23.8% |
| Suppliers | 440/4 | €247,556 | €306,526 | +€58,970 | +23.8% |
| Taxes, remuneration and social security | 45 | €154,481 | €148,114 | -€6,367 | -4.1% |
| Taxes | 450/3 | €105,335 | €115,096 | +€9,762 | +9.3% |
| Remuneration and social security | 454/9 | €49,146 | €33,018 | -€16,128 | -32.8% |
| Other amounts payable | 47/48 | €184,400 | €180,000 | -€4,400 | -2.4% |
| Non-recurring operating income | 76A | €7,813 | €913 | -€6,900 | -88.3% |
| Remuneration, social security and pensions | 62 | €251,740 | €256,871 | +€5,131 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,820 | €25,787 | +€967 | +3.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€811 | - | +€811 | |
| Other operating charges | 640/8 | €1,648 | €1,534 | -€114 | -6.9% |
| Non-recurring operating charges | 66A | - | €142 | +€142 | |
| Gross operating margin | 9900 | €583,116 | €592,265 | +€9,149 | +1.6% |
| Operating profit (loss) | 9901 | €305,719 | €307,931 | +€2,212 | +0.7% |
| Financial income | 75/76B | €20,713 | €1,564 | -€19,149 | -92.5% |
| Recurring financial income | 75 | €20,713 | €1,564 | -€19,149 | -92.5% |
| Financial charges | 65/66B | €3,711 | €3,495 | -€216 | -5.8% |
| Recurring financial charges | 65 | €3,711 | €3,495 | -€216 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €322,721 | €305,999 | -€16,721 | -5.2% |
| Income taxes | 67/77 | €92,160 | €78,613 | -€13,547 | -14.7% |
| Profit (loss) for the period | 9904 | €230,561 | €227,387 | -€3,174 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €230,561 | €227,387 | -€3,174 | -1.4% |
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 10 October 2026 via checked.be.