242 TRANSPORT: 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.
242 TRANSPORT
Largest movements
- Receivables within one year -€199,511
down €199,511 (-60.7%), from €328,769 to €129,258
of which Trade receivables: -€180,290
- Cash +€26,368
up €26,368 (+5,647%), from €467 to €26,835
mainly Receivables within one year (+€199,511) and Debts after one year (+€50,000)
- Deferred charges and accrued income +€14,628
new in 2025: €14,628
- Advances received -€156,321
no longer reported in 2025 (was €156,321)
- Trade debts -€84,253
down €84,253 (-52.4%), from €160,721 to €76,469
- Debts after one year +€50,000
new in 2025: €50,000
- Tax, wage and social debts +€36,446
up €36,446 (+155%), from €23,521 to €59,968
of which Taxes: +€35,408
- Profit (loss) carried forward -€7,279
down €7,279 (-25.8%), from €28,170 to €20,891
- Staff costs +€24,632
up €24,632 (+97.7%), from €25,212 to €49,843
- Financial income +€17,827
up €17,827 (+1,558%), from €1,144 to €18,972
- Financial charges +€11,054
up €11,054 (+2,008%), from €551 to €11,605
of which Non-recurring financial charges: +€9,053
- Other operating charges +€9,223
up €9,223 (+292%), from €3,160 to €12,384
- Gross operating margin -€9,039
down €9,039 (-12.5%), from €72,459 to €63,420
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.
Derived cash bridge
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 | €378,733 | €217,327 | -€161,406 | -42.6% |
| Formation expenses | 20 | €1,012 | €742 | -€270 | -26.7% |
| Fixed assets | 21/28 | €48,485 | €45,863 | -€2,622 | -5.4% |
| Tangible fixed assets | 22/27 | €48,485 | €45,863 | -€2,622 | -5.4% |
| Plant, machinery and equipment | 23 | €1,186 | €786 | -€400 | -33.7% |
| Furniture and vehicles | 24 | €47,299 | €45,077 | -€2,222 | -4.7% |
| Current assets | 29/58 | €329,236 | €170,722 | -€158,514 | -48.1% |
| Amounts receivable within one year | 40/41 | €328,769 | €129,258 | -€199,511 | -60.7% |
| Trade receivables | 40 | €279,975 | €99,685 | -€180,290 | -64.4% |
| Other amounts receivable | 41 | €48,795 | €29,573 | -€19,221 | -39.4% |
| Cash at bank and in hand | 54/58 | €467 | €26,835 | +€26,368 | +5,647% |
| Deferred charges and accrued income | 490/1 | - | €14,628 | +€14,628 | |
| Total equity and liabilities | 10/49 | €378,733 | €217,327 | -€161,406 | -42.6% |
| Equity | 10/15 | €38,170 | €30,891 | -€7,279 | -19.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,170 | €20,891 | -€7,279 | -25.8% |
| Amounts payable | 17/49 | €340,563 | €186,436 | -€154,127 | -45.3% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Financial debts | 170/4 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €340,563 | €136,436 | -€204,127 | -59.9% |
| Trade debts | 44 | €160,721 | €76,469 | -€84,253 | -52.4% |
| Suppliers | 440/4 | €160,721 | €76,469 | -€84,253 | -52.4% |
| Advances received on contracts in progress | 46 | €156,321 | - | -€156,321 | |
| Taxes, remuneration and social security | 45 | €23,521 | €59,968 | +€36,446 | +155% |
| Taxes | 450/3 | €20,687 | €56,095 | +€35,408 | +171% |
| Remuneration and social security | 454/9 | €2,834 | €3,873 | +€1,039 | +36.6% |
| Remuneration, social security and pensions | 62 | €25,212 | €49,843 | +€24,632 | +97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,549 | €12,489 | +€3,940 | +46.1% |
| Other operating charges | 640/8 | €3,160 | €12,384 | +€9,223 | +292% |
| Gross operating margin | 9900 | €72,459 | €63,420 | -€9,039 | -12.5% |
| Operating profit (loss) | 9901 | €35,538 | -€11,295 | -€46,833 | |
| Financial income | 75/76B | €1,144 | €18,972 | +€17,827 | +1,558% |
| Recurring financial income | 75 | €1,144 | €18,972 | +€17,827 | +1,558% |
| Financial charges | 65/66B | €551 | €11,605 | +€11,054 | +2,008% |
| Recurring financial charges | 65 | €551 | €2,552 | +€2,001 | +363% |
| Non-recurring financial charges | 66B | - | €9,053 | +€9,053 | |
| Profit (loss) for the period before taxes | 9903 | €36,131 | -€3,929 | -€40,060 | |
| Income taxes | 67/77 | €7,962 | €3,350 | -€4,611 | -57.9% |
| Profit (loss) for the period | 9904 | €28,170 | -€7,279 | -€35,449 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,170 | -€7,279 | -€35,449 |
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 29 October 2026 via checked.be.