SPOEDCONSULT: 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.
SPOEDCONSULT
Largest movements
- Cash -€162,756
down €162,756 (-55.9%), from €291,277 to €128,522
mainly Contributions, distributions and other (-€175,000) and Other debts (-€148,980)
- Receivables within one year +€55,524
up €55,524 (+2681.6%), from €2,071 to €57,595
- Intangible fixed assets +€14,855
new in 2025: €14,855
- Tangible fixed assets -€6,628
down €6,628 (-10.3%), from €64,449 to €57,820
of which Furniture and vehicles: -€5,027
- Other debts -€148,980
down €148,980 (-46.0%), from €323,980 to €175,000
- Profit (loss) carried forward +€53,825
up €53,825, from €0 to €53,825
- Debts after one year -€6,189
down €6,189 (-47.1%), from €13,148 to €6,959
- Gross operating margin +€23,222
up €23,222 (+7.9%), from €295,702 to €318,924
- Taxes +€6,691
up €6,691 (+10.1%), from €66,537 to €73,227
- Depreciation +€4,183
up €4,183 (+29.4%), from €14,219 to €18,403
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 | €363,601 | €265,100 | -€98,500 | -27.1% |
| Fixed assets | 21/28 | €66,449 | €74,676 | +€8,227 | +12.4% |
| Intangible fixed assets | 21 | - | €14,855 | +€14,855 | |
| Tangible fixed assets | 22/27 | €64,449 | €57,820 | -€6,628 | -10.3% |
| Land and buildings | 22 | €10,442 | €9,190 | -€1,252 | -12.0% |
| Plant, machinery and equipment | 23 | €1,868 | €5,087 | +€3,219 | +172.3% |
| Furniture and vehicles | 24 | €35,599 | €30,572 | -€5,027 | -14.1% |
| Other tangible fixed assets | 26 | €16,539 | €12,971 | -€3,568 | -21.6% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €297,152 | €190,425 | -€106,727 | -35.9% |
| Amounts receivable within one year | 40/41 | €2,071 | €57,595 | +€55,524 | +2681.6% |
| Other amounts receivable | 41 | €2,071 | €57,595 | +€55,524 | +2681.6% |
| Cash at bank and in hand | 54/58 | €291,277 | €128,522 | -€162,756 | -55.9% |
| Deferred charges and accrued income | 490/1 | €3,804 | €4,308 | +€504 | +13.3% |
| Total equity and liabilities | 10/49 | €363,601 | €265,100 | -€98,500 | -27.1% |
| Equity | 10/15 | €20,460 | €74,285 | +€53,825 | +263.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €53,825 | +€53,825 | |
| Amounts payable | 17/49 | €343,141 | €190,816 | -€152,325 | -44.4% |
| Amounts payable after more than one year | 17 | €13,148 | €6,959 | -€6,189 | -47.1% |
| Financial debts | 170/4 | €13,148 | €6,959 | -€6,189 | -47.1% |
| Amounts payable within one year | 42/48 | €329,993 | €183,457 | -€146,536 | -44.4% |
| Current portion of amounts payable after more than one year | 42 | €5,971 | €6,189 | +€218 | +3.6% |
| Trade debts | 44 | €41 | €177 | +€135 | +326.9% |
| Suppliers | 440/4 | €41 | €177 | +€135 | +326.9% |
| Taxes, remuneration and social security | 45 | - | €2,091 | +€2,091 | |
| Taxes | 450/3 | - | €2,091 | +€2,091 | |
| Other amounts payable | 47/48 | €323,980 | €175,000 | -€148,980 | -46.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,219 | €18,403 | +€4,183 | +29.4% |
| Other operating charges | 640/8 | €704 | €533 | -€170 | -24.2% |
| Gross operating margin | 9900 | €295,702 | €318,924 | +€23,222 | +7.9% |
| Operating profit (loss) | 9901 | €280,779 | €299,988 | +€19,210 | +6.8% |
| Financial income | 75/76B | €1,358 | €2,863 | +€1,505 | +110.8% |
| Recurring financial income | 75 | €1,358 | €2,863 | +€1,505 | +110.8% |
| Financial charges | 65/66B | €1,200 | €799 | -€401 | -33.4% |
| Recurring financial charges | 65 | €1,200 | €799 | -€401 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €280,936 | €302,052 | +€21,116 | +7.5% |
| Income taxes | 67/77 | €66,537 | €73,227 | +€6,691 | +10.1% |
| Profit (loss) for the period | 9904 | €214,400 | €228,825 | +€14,425 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €214,400 | €228,825 | +€14,425 | +6.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.