BISTRATRANS (0453.488.559): financials and annual accounts

BISTRATRANS

Antwerp ·KBO/BCE: BE 0453.488.559

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	1.4m	1.2m	1.0m	862,780	823,906	731,609	644,892	636,713	749,584	859,515	783,314	812,383	854,865	726,861	822,854	711,014	674,751	616,548	492,083
Fixed assets`21/28`	266,296	217,408	35,099	51,813	43,545	49,399	23,982	45,311	111,407	193,195	218,957	315,532	288,710	338,147	453,171	429,446	421,049	385,404	317,604
Tangible fixed assets`22/27`	265,796	216,908	34,599	51,313	43,045	48,899	23,482	44,511	110,607	192,395	218,157	314,732	287,910	337,347	452,111	428,386	419,988	384,343	316,344
Land and buildings`22`	190,097	196,166	-	-	-	-	-	-	-	462	11,255	57,244	103,233	149,222	195,210	241,199	283,494	291,835	291,839
Plant, machinery and equipment`23`	1,518	2,535	6,091	10,684	15,428	16,029	14,687	20,668	21,641	23,634	24,579	24,766	23,056	25,373	14,302	5,304	7,193	5,968	1,093
Furniture and vehicles`24`	72,079	14,002	22,201	32,221	27,617	32,870	8,795	23,843	88,966	168,300	182,323	232,722	161,621	162,753	242,598	181,882	129,302	86,541	23,412
Other tangible fixed assets`26`	2,102	4,204	6,306	8,408	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	500	500	500	500	500	500	500	800	800	800	800	800	800	800	1,060	1,060	1,060	1,060	1,260
Current assets`29/58`	1.1m	991,377	984,215	810,967	780,361	682,210	620,910	591,402	638,177	666,319	564,357	496,851	566,155	388,714	369,682	281,568	253,703	231,145	174,479
Amounts receivable after more than one year`29`	-	180,000	180,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts receivable`291`	-	180,000	180,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	520,035	321,889	457,675	653,701	596,279	443,598	515,800	380,980	455,505	370,916	346,366	245,673	192,417	167,086	168,987	130,165	109,550	109,354	71,340
Trade receivables`40`	300,138	306,995	435,937	443,344	442,453	425,479	465,929	348,467	342,975	337,930	296,066	225,541	162,419	130,844	126,783	113,024	103,691	93,615	56,793
Other amounts receivable`41`	219,897	14,894	21,738	210,357	153,826	18,119	49,872	32,513	112,530	32,986	50,300	20,132	29,998	36,241	42,204	17,141	5,858	15,739	14,546
Current investments`50/53`	46,135	171,135	46,135	45,442	45,442	45,442	45,442	45,442	45,442	20,442	20,000	20,000	20,000	-	-	-	-	23	23
Cash at bank and in hand`54/58`	552,269	315,075	300,404	111,824	138,640	193,169	59,667	146,904	125,763	239,698	197,991	231,178	353,737	221,468	200,695	147,115	144,153	112,249	93,944
Deferred charges and accrued income`490/1`	-	3,278	-	-	-	-	-	18,076	11,467	35,263	-	-	-	161	-	4,288	-	9,518	9,173
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	1.4m	1.2m	1.0m	862,780	823,906	731,609	644,892	636,713	749,584	859,515	783,314	812,383	854,865	726,861	822,854	711,014	674,751	616,548	492,083
Equity`10/15`	1.1m	980,629	839,815	745,918	646,492	585,547	501,830	456,744	480,854	502,385	448,322	457,103	448,242	402,977	368,674	339,909	332,159	296,190	230,702
Contributions`10/11`	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789
Issued capital`100`	-	-	-	-	-	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789	24,789
Reserves`13`	255,264	162,044	21,229	21,229	21,229	21,229	21,229	21,229	21,229	21,229	21,229	21,229	21,229	21,229	21,229	21,229	21,229	21,229	21,229
Non-distributable reserves`130/1`	2,479	2,479	2,479	2,479	2,479	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479	2,479
Reserves not available under the articles`1311`	2,479	2,479	2,479	2,479	2,479	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750
Distributable reserves`133`	234,035	140,815	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	793,794	793,796	793,797	699,899	600,473	539,529	455,812	410,726	434,835	456,367	402,304	411,085	402,224	356,959	322,656	293,890	286,140	250,172	184,684
Amounts payable`17/49`	310,888	228,156	179,498	116,862	177,415	146,062	143,062	179,969	268,730	357,130	334,992	355,280	406,622	323,884	454,180	371,105	342,593	320,358	261,381
Amounts payable after more than one year`17`	100,000	-	-	-	-	-	-	16,076	56,984	129,679	174,301	155,895	222,173	169,665	251,909	223,053	196,816	193,542	178,558
Financial debts`170/4`	100,000	-	-	-	-	-	-	16,076	56,984	129,679	174,301	155,895	222,173	169,665	251,909	223,053	196,816	193,542	178,558
Amounts payable within one year`42/48`	210,888	228,156	179,498	115,288	157,408	91,046	113,676	153,977	211,747	227,451	160,691	199,385	184,449	154,219	202,271	148,052	145,777	126,816	82,823
Current portion of amounts payable after more than one year`42`	33,910	-	-	-	-	12,975	16,076	40,908	47,208	61,585	62,344	96,699	93,882	82,244	88,469	75,731	65,435	44,628	26,442
Financial debts`43`	5,170	5,170	5,065	5,065	5,065	5,069	18,162	18,169	18,171	-	-	-	5,034	5,161	5,136	5,232	3,514	3,498	1,749
Credit institutions`430/8`	5,170	5,170	5,065	5,065	5,065	5,069	18,162	18,169	18,171	-	-	-	5,034	5,161	5,136	5,232	3,514	3,498	1,749
Trade debts`44`	13,112	64,499	124,704	29,937	57,729	4,281	77	19,041	63,962	93,063	44,462	74,786	49,471	39,197	53,720	17,711	11,702	26,460	13,406
Suppliers`440/4`	13,112	64,499	124,704	29,937	57,729	4,281	77	19,041	63,962	93,063	44,462	74,786	49,471	39,197	53,720	17,711	11,702	26,460	13,406
Taxes, remuneration and social security`45`	105,958	101,656	19,364	54,624	63,044	62,679	76,944	69,652	76,382	47,299	50,474	26,217	26,465	27,090	46,245	48,767	23,905	30,825	38,420
Taxes`450/3`	84,700	57,436	5,107	34,555	28,361	29,876	44,691	53,196	46,504	34,132	32,196	19,000	19,000	19,000	37,100	40,038	18,100	18,100	31,500
Remuneration and social security`454/9`	21,258	44,220	14,257	20,069	34,683	32,803	32,253	16,456	29,878	13,167	18,278	7,217	7,465	8,090	9,144	8,728	5,805	12,725	6,920
Other amounts payable`47/48`	52,738	56,832	30,365	25,662	31,570	6,042	2,419	6,208	6,023	25,504	3,410	1,683	9,596	528	8,701	611	41,222	21,405	2,806
Accrued charges and deferred income`492/3`	-	-	-	1,575	20,006	55,015	29,386	9,916	-	-	-	-	-	-	-	-	-	-	-
Income statement
Non-recurring operating income`76A`	-	-	-	24,000	246	720	15,229	3,345	15,296	24,386	1,352	21,611	15,250	-	334	-	1,000	-	-
Gross operating margin`9900`	477,380	680,656	546,567	581,866	393,422	471,451	394,335	294,517	328,216	398,881	363,410	271,783	306,469	311,425	340,420	259,744	240,895	268,954	190,074
Remuneration, social security and pensions`62`	305,404	340,809	292,752	314,092	283,160	301,362	314,612	252,259	248,381	259,035	213,783	134,236	137,025	144,493	156,676	103,454	90,780	85,552	37,889
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	38,518	24,829	19,664	19,169	14,701	14,520	22,852	52,661	86,953	79,780	135,583	130,384	109,347	136,995	134,889	110,747	89,536	71,867	50,106
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	79,227	136,690	100,659	-	-	300	-	-	-	-	-	-	-	-	13,759	-	-	12,524
Other operating charges`640/8`	4,719	2,977	5,889	4,366	3,026	2,201	4,240	3,066	3,256	6,065	2,311	3,798	2,329	3,523	3,081	1,763	2,787	1,518	2,573
Non-recurring operating charges`66A`	-	-	-	250	-	35,000	1,294	8,123	82	-	9,000	-	3,508	260	-	1,850	3,138	-	1,005
Operating profit (loss)`9901`	128,739	232,814	91,572	143,330	92,535	118,368	51,037	-21,591	-10,455	54,000	11,733	3,364	57,769	26,413	45,774	30,022	57,793	110,017	86,983
Financial income`75/76B`	5,869	2	224	240	391	422	269	557	157	355	865	628	924	434	311	488	1,193	927	814
Recurring financial income`75`	5,869	2	224	240	391	422	269	557	157	355	865	628	924	434	311	488	1,193	927	814
Financial charges`65/66B`	2,050	1,186	627	270	248	252	1,577	2,775	11,232	5,212	13,731	13,913	9,714	12,018	13,053	14,490	12,864	13,354	10,897
Recurring financial charges`65`	2,050	1,186	627	270	248	252	1,577	2,775	11,232	5,212	13,731	13,913	9,714	12,018	13,053	14,490	12,864	13,354	10,897
Non-recurring financial charges`66B`	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	132,557	231,630	91,168	143,300	92,678	118,537	49,729	-23,810	-21,531	73,529	-8,781	11,690	60,720	14,568	33,366	14,170	43,984	97,590	75,895
Income taxes`67/77`	39,339	90,816	-2,729	43,873	18,734	26,820	3,643	300	-	19,466	-	2,829	15,455	-19,735	4,601	6,420	8,016	32,102	19,855
Profit (loss) for the period`9904`	93,218	140,814	93,897	99,426	73,944	91,717	46,086	-24,110	-21,531	54,063	-8,781	8,861	45,265	34,303	28,765	7,750	35,968	65,488	56,040
Profit (loss) for the period to be appropriated`9905`	93,218	140,814	93,897	99,426	73,944	91,717	46,086	-24,110	-21,531	54,063	-8,781	8,861	45,265	34,303	28,765	7,750	35,968	65,488	56,040
Appropriation of the result
Profit (loss) to be appropriated`9906`	887,014	934,611	793,797	699,899	613,473	547,529	456,812	410,726	434,835	456,367	402,304	411,085	402,224	356,959	322,656	293,890	286,140	250,172	184,684
Profit (loss) brought forward from the previous period`14P`	793,796	793,797	699,899	600,473	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	93,220	140,815	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
To other reserves`6921`	93,220	140,815	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	-	-	-	-	13,000	8,000	1,000	-	-	-	-	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	-	-	-	-	-	-	1,000	-	-	-	-	-	-	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	13,000	8,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	5.8	5.6	5.3	5.5	5.3	5.6	5.5	5.2	4.8	5.4	4.5	3	3	3.2	3.7	2.8	2.9	2.6	1.3
Hours worked`1013`	10,716	10,716	10,568	10,712	10,269	11,081	11,726	9,842	9,743	10,604	8,504	5,668	5,668	6,627	7,399	5,398	5,187	4,965	2,303
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Financial year	Type	Filed	Reference	Document
31-12-2024	abbreviated format	18-10-2025	2025-00545224	PDF
31-12-2023	abbreviated format	30-09-2024	2024-00488729	PDF
31-12-2022	abbreviated format	31-08-2023	2023-00418415	PDF
31-12-2021	abbreviated format	29-09-2022	2022-20448947	PDF
31-12-2020	abbreviated format	31-08-2021	2021-61000556	PDF
31-12-2019	abbreviated format	28-10-2020	2020-64000491	PDF
31-12-2018	micro format	12-08-2019	2019-45500328	PDF
31-12-2017	micro format	29-08-2018	2018-56000550	PDF
31-12-2016	micro format	30-08-2017	2017-55600137	PDF
31-12-2015	abbreviated format	24-08-2016	2016-47400573	PDF
31-12-2014	abbreviated format	30-08-2015	2015-53900568	PDF
31-12-2013	abbreviated format	29-08-2014	2014-57400484	PDF
31-12-2012	abbreviated format	30-08-2013	2013-57200549	PDF
31-12-2011	abbreviated format	28-08-2012	2012-55200102	PDF
31-12-2010	abbreviated format	31-08-2011	2011-53600350	PDF
31-12-2009	abbreviated format	30-07-2010	2010-38800465	PDF
31-12-2008	abbreviated format	21-08-2009	2009-62900298	PDF
31-12-2007	abbreviated format	13-08-2008	2008-56500046	PDF
31-12-2006	abbreviated format	16-08-2007	2007-57000031	PDF
31-12-2005	abbreviated format	24-08-2006	2006-66502905	PDF
31-12-2004	abbreviated format	20-07-2005	2005-51400014	PDF
31-12-2003	abbreviated format	30-09-2004	2004-67700112	PDF
31-12-2002	abbreviated format	15-09-2003	2003-66200040	PDF
31-12-2001	abbreviated format	30-08-2002	2002-50600198	PDF
31-12-2000	abbreviated format	03-09-2001	2001-52900217	PDF
31-12-1999	abbreviated format	01-09-2000	2000-53600204	PDF
31-12-1998	abbreviated format	24-03-2000	2000-07303189	PDF
31-12-1997	abbreviated format	29-12-1998	1998-63803875	PDF
31-12-1996	abbreviated format	20-11-1997	1997-53800136	PDF
31-12-1995	abbreviated format	04-10-1996	1996-46700689	PDF

Year	Entries	Awarded	Paid
2025	1	€308	€308
2024	1	€791	€0
2023	1	€537	€537
2022	1	€315	€315

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	167,256	257,643	111,236	162,499	107,236	132,888	73,889	31,070	76,497	133,781	147,316	133,749	167,116	163,408	180,663	140,769	147,328	181,884	137,089
Cash flow	131,736	165,643	113,561	118,595	88,645	106,237	68,938	28,551	65,422	133,843	126,802	139,245	154,612	171,299	163,654	118,497	125,504	137,355	106,146
Investment in fixed assets	87,406	207,138	2,950	27,436	8,847	39,937	28,117	6,689	22,259	54,018	39,008	157,207	219,385	22,232	166,281	127,644	137,319	139,867	276,049
Change in cash	237,193	14,671	188,580	-26,816	-54,530	133,502	-87,236	21,140	-113,935	41,707	-33,187	-122,559	132,269	20,773	53,580	2,962	31,904	18,305	-
Working capital	907,551	763,221	804,716	695,680	622,952	591,163	507,233	437,425	426,431	438,869	403,666	297,466	381,706	234,495	167,411	133,516	107,925	104,328	91,656
Solvency	77.5%	81.1%	82.4%	86.5%	78.5%	80.0%	77.8%	71.7%	64.1%	58.4%	57.2%	56.3%	52.4%	55.4%	44.8%	47.8%	49.2%	48.0%	46.9%
Current ratio	5.30	4.35	5.48	7.03	4.96	7.49	5.46	3.84	3.01	2.93	3.51	2.49	3.07	2.52	1.83	1.90	1.74	1.82	2.11
Debt to equity	0.29	0.23	0.21	0.16	0.27	0.25	0.29	0.39	0.56	0.71	0.75	0.78	0.91	0.80	1.23	1.09	1.03	1.08	1.13
ROE	8.7%	14.4%	11.2%	13.3%	11.4%	15.7%	9.2%	-5.3%	-4.5%	10.8%	-2.0%	1.9%	10.1%	8.5%	7.8%	2.3%	10.8%	22.1%	24.3%
ROA	6.7%	11.6%	9.2%	11.5%	9.0%	12.5%	7.1%	-3.8%	-2.9%	6.3%	-1.1%	1.1%	5.3%	4.7%	3.5%	1.1%	5.3%	10.6%	11.4%
Interest coverage	81.58	over 100	over 100	over 100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	5	5	5	7
full-time	5	5	5	7
in full-time equivalents	5	5	5	7
Average over the year, in full-time equivalents	5.8	5.6	5.3	5.5
On a permanent contract	5	5	4	4
Joined	-	4	2	5
Left	-	4	4	3

BISTRATRANS

Annual accounts 2024

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency77.5%

Current ratio5.30

Return on assets6.7%

Staff

Staff cost per FTE€52,656

Joined and left

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 4 entries, €1,951 awarded, €1,160 paid

Key figures and ratios

Social balance sheet

Investments

Insights on BISTRATRANS

Next steps

Item	2024	2023	2022	2021
Tangible fixed assets	€87,406	€207,138	€2,950	€27,436
Depreciation and write-downs of the year	€38,518	€24,829	€19,664	€19,169