A 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.
A TRANSPORT
Largest movements
- Cash -€87,011
down €87,011 (-70.0%), from €124,275 to €37,263
mainly Trade debts (-€89,274) and Debts after one year (-€79,267)
- Tangible fixed assets -€86,591
down €86,591 (-25.5%), from €339,970 to €253,379
of which Leasing and similar rights: -€61,516
- Receivables within one year +€27,167
up €27,167 (+20.1%), from €135,419 to €162,585
of which Other amounts receivable: +€30,885
- Trade debts -€89,274
down €89,274 (-80.4%), from €111,022 to €21,748
- Debts after one year -€79,267
down €79,267 (-28.2%), from €281,499 to €202,232
- Current portion of long-term debt +€15,985
up €15,985 (+21.8%), from €73,282 to €89,267
- Tax, wage and social debts +€11,721
up €11,721 (+83.1%), from €14,099 to €25,821
of which Taxes: +€14,449
- Gross operating margin +€36,770
up €36,770 (+20.1%), from €183,310 to €220,080
- Depreciation +€31,009
up €31,009 (+89.2%), from €34,777 to €65,786
- Other operating charges +€17,829
up €17,829 (+53.4%), from €33,419 to €51,248
- Financial charges +€9,910
up €9,910 (+118%), from €8,388 to €18,297
- Staff costs -€6,444
down €6,444 (-9.3%), from €69,227 to €62,783
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 | €604,861 | €458,584 | -€146,277 | -24.2% |
| Fixed assets | 21/28 | €339,970 | €253,379 | -€86,591 | -25.5% |
| Tangible fixed assets | 22/27 | €339,970 | €253,379 | -€86,591 | -25.5% |
| Furniture and vehicles | 24 | €69,662 | €45,556 | -€24,106 | -34.6% |
| Leasing and similar rights | 25 | €269,339 | €207,823 | -€61,516 | -22.8% |
| Other tangible fixed assets | 26 | €969 | - | -€969 | |
| Current assets | 29/58 | €264,892 | €205,205 | -€59,687 | -22.5% |
| Amounts receivable within one year | 40/41 | €135,419 | €162,585 | +€27,167 | +20.1% |
| Trade receivables | 40 | €41,116 | €37,397 | -€3,719 | -9.0% |
| Other amounts receivable | 41 | €94,303 | €125,188 | +€30,885 | +32.8% |
| Cash at bank and in hand | 54/58 | €124,275 | €37,263 | -€87,011 | -70.0% |
| Deferred charges and accrued income | 490/1 | €5,198 | €5,357 | +€158 | +3.0% |
| Total equity and liabilities | 10/49 | €604,861 | €458,584 | -€146,277 | -24.2% |
| Equity | 10/15 | €112,958 | €113,516 | +€558 | +0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,898 | €105,456 | +€558 | +0.5% |
| Amounts payable | 17/49 | €491,903 | €345,068 | -€146,835 | -29.9% |
| Amounts payable after more than one year | 17 | €281,499 | €202,232 | -€79,267 | -28.2% |
| Financial debts | 170/4 | €281,499 | €202,232 | -€79,267 | -28.2% |
| Amounts payable within one year | 42/48 | €210,404 | €142,836 | -€67,568 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | €73,282 | €89,267 | +€15,985 | +21.8% |
| Trade debts | 44 | €111,022 | €21,748 | -€89,274 | -80.4% |
| Suppliers | 440/4 | €111,022 | €21,748 | -€89,274 | -80.4% |
| Taxes, remuneration and social security | 45 | €14,099 | €25,821 | +€11,721 | +83.1% |
| Taxes | 450/3 | €3,646 | €18,095 | +€14,449 | +396% |
| Remuneration and social security | 454/9 | €10,453 | €7,725 | -€2,728 | -26.1% |
| Other amounts payable | 47/48 | €12,000 | €6,000 | -€6,000 | -50.0% |
| Remuneration, social security and pensions | 62 | €69,227 | €62,783 | -€6,444 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,777 | €65,786 | +€31,009 | +89.2% |
| Other operating charges | 640/8 | €33,419 | €51,248 | +€17,829 | +53.4% |
| Gross operating margin | 9900 | €183,310 | €220,080 | +€36,770 | +20.1% |
| Operating profit (loss) | 9901 | €45,888 | €40,263 | -€5,625 | -12.3% |
| Financial income | 75/76B | €4,794 | €6,034 | +€1,240 | +25.9% |
| Recurring financial income | 75 | €4,794 | €6,034 | +€1,240 | +25.9% |
| Financial charges | 65/66B | €8,388 | €18,297 | +€9,910 | +118% |
| Recurring financial charges | 65 | €8,388 | €18,297 | +€9,910 | +118% |
| Profit (loss) for the period before taxes | 9903 | €42,294 | €27,999 | -€14,295 | -33.8% |
| Income taxes | 67/77 | €7,164 | €7,441 | +€278 | +3.9% |
| Profit (loss) for the period | 9904 | €35,130 | €20,558 | -€14,573 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,130 | €20,558 | -€14,573 | -41.5% |
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 17 October 2026 via checked.be.