SPEYK: what changed
Two fiscal 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.
What changed
SPEYK
NACE 69.101, Activities of lawyers
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€59,405
2024 · -€20,938-€38,467
Equity
€557,202
2024 · €616,607-€59,405
Cash
€81
2024 · €5,055-€4,973
Balance sheet total
€2.7m
2024 · €3.0m-€309,749
Largest movements
Assets
- Financial fixed assets -€104,150
down €104,150 (-41.6%), from €250,381 to €146,231
- Receivables within one year -€102,573
down €102,573 (-22.4%), from €458,206 to €355,633
of which Trade receivables: -€102,545
- Tangible fixed assets -€94,416
down €94,416 (-4.3%), from €2.2m to €2.1m
of which Plant, machinery and equipment: -€196,305
Equity and liabilities
- Other debts -€344,124
down €344,124 (-49.0%), from €701,976 to €357,852
- Debts after one year +€168,846
up €168,846 (+12.1%), from €1.4m to €1.6m
of which Other amounts payable: +€250,000
- Current portion of long-term debt -€97,510
down €97,510 (-54.6%), from €178,664 to €81,154
- Profit (loss) carried forward -€59,405
down €59,405 (-472.9%), from -€12,562 to -€71,967
Income statement
- Gross operating margin -€39,391
down €39,391 (-19.4%), from €203,128 to €163,738
- Depreciation -€2,040
down €2,040 (-2.0%), from €101,445 to €99,405
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.
Result 2024
-€20,938
Gross operating margin
-€39,391
Staff costs
-€1,438
Depreciation
+€2,040
Other operating charges
+€1,563
Financial income
-€1,441
Financial charges
+€92
Taxes
+€109
Result 2025
-€59,405
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.
From operations
-€176,984
Investment
+€100,661
Financing
+€71,349
Cash 2024
€5,055
From operations (derived)
-€176,984
Net result for the year
-€59,405
Depreciation
+€99,405
Receivables after one year
+€7,250
Receivables within one year
+€102,573
Deferred charges and accrued income
-€5,113
Trade debts
+€8,525
Tax, wage and social debts
+€15,035
Advances received
-€2,755
Other debts
-€344,124
Accrued charges and deferred income
+€1,625
Investment (derived)
+€100,661
Investment in fixed assets (net)
+€100,661
Financing
+€71,349
Debts after one year
+€168,846
Current portion of long-term debt
-€97,510
Short-term financial debts
+€13
Cash 2025
€81
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,041,256 | €2,731,507 | -€309,749 | -10.2% |
| Fixed assets | 21/28 | €2,434,334 | €2,234,269 | -€200,066 | -8.2% |
| Intangible fixed assets | 21 | €4,890 | €3,390 | -€1,500 | -30.7% |
| Tangible fixed assets | 22/27 | €2,179,063 | €2,084,647 | -€94,416 | -4.3% |
| Land and buildings | 22 | €1,920,615 | €2,035,853 | +€115,238 | +6.0% |
| Plant, machinery and equipment | 23 | €196,695 | €390 | -€196,305 | -99.8% |
| Furniture and vehicles | 24 | €61,754 | €48,405 | -€13,349 | -21.6% |
| Financial fixed assets | 28 | €250,381 | €146,231 | -€104,150 | -41.6% |
| Current assets | 29/58 | €606,922 | €497,238 | -€109,683 | -18.1% |
| Amounts receivable after more than one year | 29 | €135,000 | €127,750 | -€7,250 | -5.4% |
| Other amounts receivable | 291 | €135,000 | €127,750 | -€7,250 | -5.4% |
| Amounts receivable within one year | 40/41 | €458,206 | €355,633 | -€102,573 | -22.4% |
| Trade receivables | 40 | €458,159 | €355,614 | -€102,545 | -22.4% |
| Other amounts receivable | 41 | €47 | €19 | -€28 | -60.4% |
| Cash at bank and in hand | 54/58 | €5,055 | €81 | -€4,973 | -98.4% |
| Deferred charges and accrued income | 490/1 | €8,661 | €13,774 | +€5,113 | +59.0% |
| Total equity and liabilities | 10/49 | €3,041,256 | €2,731,507 | -€309,749 | -10.2% |
| Equity | 10/15 | €616,607 | €557,202 | -€59,405 | -9.6% |
| Contributions | 10/11 | €620,100 | €620,100 | = | 0.0% |
| Reserves | 13 | €9,069 | €9,069 | = | 0.0% |
| Distributable reserves | 133 | €9,069 | €9,069 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,562 | -€71,967 | -€59,405 | -472.9% |
| Amounts payable | 17/49 | €2,424,649 | €2,174,305 | -€250,344 | -10.3% |
| Amounts payable after more than one year | 17 | €1,400,770 | €1,569,615 | +€168,846 | +12.1% |
| Financial debts | 170/4 | €1,400,770 | €1,319,615 | -€81,154 | -5.8% |
| Other amounts payable | 178/9 | - | €250,000 | +€250,000 | |
| Amounts payable within one year | 42/48 | €1,023,315 | €602,500 | -€420,815 | -41.1% |
| Current portion of amounts payable after more than one year | 42 | €178,664 | €81,154 | -€97,510 | -54.6% |
| Financial debts | 43 | €14,986 | €15,000 | +€13 | +0.1% |
| Credit institutions | 430/8 | €14,986 | €15,000 | +€13 | +0.1% |
| Trade debts | 44 | €67,128 | €75,653 | +€8,525 | +12.7% |
| Suppliers | 440/4 | €67,128 | €75,653 | +€8,525 | +12.7% |
| Advances received on contracts in progress | 46 | €2,755 | €0 | -€2,755 | -100.0% |
| Taxes, remuneration and social security | 45 | €57,805 | €72,841 | +€15,035 | +26.0% |
| Taxes | 450/3 | €31,211 | €52,904 | +€21,693 | +69.5% |
| Remuneration and social security | 454/9 | €26,594 | €19,937 | -€6,657 | -25.0% |
| Other amounts payable | 47/48 | €701,976 | €357,852 | -€344,124 | -49.0% |
| Accrued charges and deferred income | 492/3 | €564 | €2,189 | +€1,625 | +288.0% |
| Remuneration, social security and pensions | 62 | €63,253 | €64,692 | +€1,438 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,445 | €99,405 | -€2,040 | -2.0% |
| Other operating charges | 640/8 | €13,730 | €12,167 | -€1,563 | -11.4% |
| Gross operating margin | 9900 | €203,128 | €163,738 | -€39,391 | -19.4% |
| Operating profit (loss) | 9901 | €24,701 | -€12,526 | -€37,226 | |
| Financial income | 75/76B | €5,029 | €3,588 | -€1,441 | -28.7% |
| Recurring financial income | 75 | €5,029 | €3,588 | -€1,441 | -28.7% |
| Financial charges | 65/66B | €50,368 | €50,276 | -€92 | -0.2% |
| Recurring financial charges | 65 | €50,368 | €50,276 | -€92 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€20,638 | -€59,213 | -€38,576 | -186.9% |
| Income taxes | 67/77 | €301 | €192 | -€109 | -36.3% |
| Profit (loss) for the period | 9904 | -€20,938 | -€59,405 | -€38,467 | -183.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,938 | -€59,405 | -€38,467 | -183.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.