SPELTINCX: what changed
What changed
SPELTINCX
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
€379,610
2024 · €232,297+€147,313
Equity
€922,508
2024 · €1.3m-€346,730
Cash
€1.2m
2024 · €828,019+€358,808
Balance sheet total
€3.0m
2024 · €2.6m+€387,391
Largest movements
Assets
- Cash +€358,808
up €358,808 (+43.3%), from €828,019 to €1.2m
mainly Other debts (+€713,910) and Net result for the year (+€379,610)
- Tangible fixed assets -€86,157
down €86,157 (-12.9%), from €670,381 to €584,225
of which Furniture and vehicles: -€75,062
- Receivables within one year +€85,100
up €85,100 (+32.4%), from €263,020 to €348,120
of which Trade receivables: +€84,671
Equity and liabilities
- Other debts +€713,910
up €713,910 (+60.9%), from €1.2m to €1.9m
- Reserves -€346,730
down €346,730 (-28.7%), from €1.2m to €860,508
of which Distributable reserves: -€346,730
Income statement
- Gross operating margin +€209,066
up €209,066 (+17.7%), from €1.2m to €1.4m
- Staff costs +€63,952
up €63,952 (+9.4%), from €679,895 to €743,847
- Depreciation +€16,786
up €16,786 (+7.1%), from €237,110 to €253,896
Change in the result, 2024 to 2025
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 2024
€232,297
Gross operating margin
+€209,066
Staff costs
-€63,952
Depreciation
-€16,786
Write-downs
+€1,600
Other operating charges
+€9,435
Financial income
+€7,200
Financial charges
+€19
Taxes
+€731
Result 2025
€379,610
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.3m
Investment
-€183,706
Financing
-€726,341
Cash 2024
€828,019
From operations (derived)
+€1.3m
Net result for the year
+€379,610
Depreciation
+€253,896
Stocks and contracts
-€13,672
Receivables within one year
-€85,100
Trade debts
+€16,498
Tax, wage and social debts
+€3,713
Other debts
+€713,910
Investment (derived)
-€183,706
Investment in fixed assets (net)
-€167,739
Current investments
-€15,968
Financing
-€726,341
Contributions, distributions and other
-€726,341
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,605,738 | €2,993,129 | +€387,391 | +14.9% |
| Fixed assets | 21/28 | €670,381 | €584,225 | -€86,157 | -12.9% |
| Tangible fixed assets | 22/27 | €670,381 | €584,225 | -€86,157 | -12.9% |
| Land and buildings | 22 | €79,443 | €67,970 | -€11,473 | -14.4% |
| Plant, machinery and equipment | 23 | €2,041 | €2,419 | +€378 | +18.5% |
| Furniture and vehicles | 24 | €588,897 | €513,835 | -€75,062 | -12.7% |
| Current assets | 29/58 | €1,935,356 | €2,408,905 | +€473,548 | +24.5% |
| Stocks and contracts in progress | 3 | €13,354 | €27,027 | +€13,672 | +102% |
| Stocks | 30/36 | €13,354 | €27,027 | +€13,672 | +102% |
| Amounts receivable within one year | 40/41 | €263,020 | €348,120 | +€85,100 | +32.4% |
| Trade receivables | 40 | €257,398 | €342,069 | +€84,671 | +32.9% |
| Other amounts receivable | 41 | €5,621 | €6,051 | +€429 | +7.6% |
| Current investments | 50/53 | €830,963 | €846,931 | +€15,968 | +1.9% |
| Cash at bank and in hand | 54/58 | €828,019 | €1,186,827 | +€358,808 | +43.3% |
| Total equity and liabilities | 10/49 | €2,605,738 | €2,993,129 | +€387,391 | +14.9% |
| Equity | 10/15 | €1,269,238 | €922,508 | -€346,730 | -27.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,207,238 | €860,508 | -€346,730 | -28.7% |
| Non-distributable reserves | 130/1 | €55,147 | €55,147 | = | 0.0% |
| Legal reserve | 130 | €55,147 | €55,147 | = | 0.0% |
| Tax-exempt reserves | 132 | €506,479 | €506,479 | = | 0.0% |
| Distributable reserves | 133 | €645,612 | €298,882 | -€346,730 | -53.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,336,499 | €2,070,621 | +€734,122 | +54.9% |
| Amounts payable within one year | 42/48 | €1,336,499 | €2,070,621 | +€734,122 | +54.9% |
| Trade debts | 44 | €90,246 | €106,743 | +€16,498 | +18.3% |
| Suppliers | 440/4 | €90,246 | €106,743 | +€16,498 | +18.3% |
| Taxes, remuneration and social security | 45 | €73,458 | €77,172 | +€3,713 | +5.1% |
| Taxes | 450/3 | €12,135 | €11,652 | -€483 | -4.0% |
| Remuneration and social security | 454/9 | €61,323 | €65,520 | +€4,196 | +6.8% |
| Other amounts payable | 47/48 | €1,172,795 | €1,886,706 | +€713,910 | +60.9% |
| Non-recurring operating income | 76A | €44,791 | €78,012 | +€33,222 | +74.2% |
| Remuneration, social security and pensions | 62 | €679,895 | €743,847 | +€63,952 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237,110 | €253,896 | +€16,786 | +7.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,600 | €0 | -€1,600 | -100% |
| Other operating charges | 640/8 | €20,019 | €10,584 | -€9,435 | -47.1% |
| Gross operating margin | 9900 | €1,182,686 | €1,391,753 | +€209,066 | +17.7% |
| Operating profit (loss) | 9901 | €244,063 | €383,426 | +€139,364 | +57.1% |
| Financial income | 75/76B | €11,390 | €18,590 | +€7,200 | +63.2% |
| Recurring financial income | 75 | €11,390 | €18,590 | +€7,200 | +63.2% |
| Financial charges | 65/66B | €2,241 | €2,222 | -€19 | -0.8% |
| Recurring financial charges | 65 | €2,241 | €2,222 | -€19 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €253,212 | €399,795 | +€146,583 | +57.9% |
| Income taxes | 67/77 | €20,915 | €20,184 | -€731 | -3.5% |
| Profit (loss) for the period | 9904 | €232,297 | €379,610 | +€147,313 | +63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €232,297 | €379,610 | +€147,313 | +63.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.