AND MAR TRANS: 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.
AND MAR TRANS
Largest movements
- Deferred charges and accrued income +€28,074
up €28,074 (+1,532%), from €1,833 to €29,907
- Receivables within one year +€18,766
up €18,766 (+39.9%), from €46,996 to €65,762
of which Other amounts receivable: +€18,190
- Tangible fixed assets -€9,591
down €9,591 (-6.8%), from €141,674 to €132,083
of which Furniture and vehicles: -€28,570
- Cash +€6,087
up €6,087 (+38,113%), from €16 to €6,103
mainly Depreciation (+€40,242) and Trade debts (+€22,796)
- Debts after one year -€28,266
down €28,266 (-46.3%), from €61,073 to €32,807
- Trade debts +€22,796
up €22,796 (+420%), from €5,425 to €28,221
- Current portion of long-term debt +€21,139
up €21,139 (+50.2%), from €42,120 to €63,260
- Tax, wage and social debts +€12,539
up €12,539 (+36.7%), from €34,208 to €46,747
of which Taxes: +€11,755
- Short-term financial debts +€9,643
up €9,643 (+223%), from €4,319 to €13,962
- Turnover +€440,702
new in 2025: €440,702
- Purchases and services +€254,509
new in 2025: €254,509
- Gross operating margin +€67,688
up €67,688 (+55.7%), from €121,574 to €189,262
- Staff costs +€41,156
up €41,156 (+79.2%), from €51,984 to €93,139
- Other operating charges +€32,341
up €32,341 (+460%), from €7,025 to €39,366
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 | €205,224 | €248,829 | +€43,606 | +21.2% |
| Fixed assets | 21/28 | €156,379 | €147,058 | -€9,321 | -6.0% |
| Tangible fixed assets | 22/27 | €141,674 | €132,083 | -€9,591 | -6.8% |
| Plant, machinery and equipment | 23 | €525 | €244 | -€281 | -53.6% |
| Furniture and vehicles | 24 | €59,203 | €30,633 | -€28,570 | -48.3% |
| Leasing and similar rights | 25 | €81,946 | €101,206 | +€19,260 | +23.5% |
| Financial fixed assets | 28 | €14,705 | €14,975 | +€270 | +1.8% |
| Current assets | 29/58 | €48,845 | €101,772 | +€52,927 | +108% |
| Amounts receivable within one year | 40/41 | €46,996 | €65,762 | +€18,766 | +39.9% |
| Trade receivables | 40 | €46,996 | €47,573 | +€576 | +1.2% |
| Other amounts receivable | 41 | - | €18,190 | +€18,190 | |
| Cash at bank and in hand | 54/58 | €16 | €6,103 | +€6,087 | +38,113% |
| Deferred charges and accrued income | 490/1 | €1,833 | €29,907 | +€28,074 | +1,532% |
| Total equity and liabilities | 10/49 | €205,224 | €248,829 | +€43,606 | +21.2% |
| Equity | 10/15 | €57,966 | €58,832 | +€866 | +1.5% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,766 | €56,632 | +€866 | +1.6% |
| Amounts payable | 17/49 | €147,257 | €189,997 | +€42,740 | +29.0% |
| Amounts payable after more than one year | 17 | €61,073 | €32,807 | -€28,266 | -46.3% |
| Financial debts | 170/4 | €61,073 | €32,807 | -€28,266 | -46.3% |
| Amounts payable within one year | 42/48 | €86,073 | €157,190 | +€71,118 | +82.6% |
| Current portion of amounts payable after more than one year | 42 | €42,120 | €63,260 | +€21,139 | +50.2% |
| Financial debts | 43 | €4,319 | €13,962 | +€9,643 | +223% |
| Credit institutions | 430/8 | €4,319 | €13,962 | +€9,643 | +223% |
| Trade debts | 44 | €5,425 | €28,221 | +€22,796 | +420% |
| Suppliers | 440/4 | €5,425 | €28,221 | +€22,796 | +420% |
| Taxes, remuneration and social security | 45 | €34,208 | €46,747 | +€12,539 | +36.7% |
| Taxes | 450/3 | €27,584 | €39,339 | +€11,755 | +42.6% |
| Remuneration and social security | 454/9 | €6,624 | €7,408 | +€784 | +11.8% |
| Other amounts payable | 47/48 | - | €5,000 | +€5,000 | |
| Accrued charges and deferred income | 492/3 | €111 | - | -€111 | |
| Turnover | 70 | - | €440,702 | +€440,702 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €254,509 | +€254,509 | |
| Remuneration, social security and pensions | 62 | €51,984 | €93,139 | +€41,156 | +79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,048 | €40,242 | +€5,195 | +14.8% |
| Other operating charges | 640/8 | €7,025 | €39,366 | +€32,341 | +460% |
| Gross operating margin | 9900 | €121,574 | €189,262 | +€67,688 | +55.7% |
| Operating profit (loss) | 9901 | €27,519 | €16,514 | -€11,004 | -40.0% |
| Financial charges | 65/66B | €9,097 | €10,802 | +€1,705 | +18.7% |
| Recurring financial charges | 65 | €9,097 | €10,802 | +€1,705 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €18,422 | €5,712 | -€12,709 | -69.0% |
| Income taxes | 67/77 | €5,026 | €4,847 | -€180 | -3.6% |
| Profit (loss) for the period | 9904 | €13,395 | €866 | -€12,530 | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,395 | €866 | -€12,530 | -93.5% |
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 24 October 2026 via checked.be.