ANTWERP 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.
ANTWERP TRANS
Largest movements
- Receivables within one year +€7,968
up €7,968 (+33.9%), from €23,511 to €31,479
of which Trade receivables: +€6,510
- Financial fixed assets -€5,000
down €5,000 (-55.6%), from €9,000 to €4,000
- Cash +€672
up €672 (+10.6%), from €6,349 to €7,021
mainly Investment in fixed assets (net) (+€5,000) and Trade debts (+€2,536)
- Trade debts +€2,536
up €2,536 (+152%), from €1,670 to €4,206
- Profit (loss) carried forward +€1,625
up €1,625 (+5.1%), from €31,679 to €33,304
- Tax, wage and social debts -€521
down €521 (-14.8%), from €3,511 to €2,990
- Turnover -€120,137
no longer reported in 2025 (was €120,137)
- Purchases and services -€90,409
no longer reported in 2025 (was €90,409)
- Gross operating margin -€15,918
down €15,918 (-53.5%), from €29,727 to €13,809
- Staff costs +€11,745
new in 2025: €11,745
- Other operating charges -€8,629
down €8,629 (-97.3%), from €8,865 to €236
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 | €38,860 | €42,500 | +€3,640 | +9.4% |
| Fixed assets | 21/28 | €9,000 | €4,000 | -€5,000 | -55.6% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €9,000 | €4,000 | -€5,000 | -55.6% |
| Current assets | 29/58 | €29,860 | €38,500 | +€8,640 | +28.9% |
| Amounts receivable within one year | 40/41 | €23,511 | €31,479 | +€7,968 | +33.9% |
| Trade receivables | 40 | €3,012 | €9,522 | +€6,510 | +216% |
| Other amounts receivable | 41 | €20,499 | €21,957 | +€1,458 | +7.1% |
| Cash at bank and in hand | 54/58 | €6,349 | €7,021 | +€672 | +10.6% |
| Total equity and liabilities | 10/49 | €38,860 | €42,500 | +€3,640 | +9.4% |
| Equity | 10/15 | €33,679 | €35,304 | +€1,625 | +4.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,679 | €33,304 | +€1,625 | +5.1% |
| Amounts payable | 17/49 | €5,181 | €7,196 | +€2,015 | +38.9% |
| Amounts payable within one year | 42/48 | €5,181 | €7,196 | +€2,015 | +38.9% |
| Trade debts | 44 | €1,670 | €4,206 | +€2,536 | +152% |
| Suppliers | 440/4 | €1,670 | €4,206 | +€2,536 | +152% |
| Taxes, remuneration and social security | 45 | €3,511 | €2,990 | -€521 | -14.8% |
| Taxes | 450/3 | €3,511 | €2,990 | -€521 | -14.8% |
| Turnover | 70 | €120,137 | - | -€120,137 | |
| Goods, raw materials, services and sundry goods | 60/61 | €90,409 | - | -€90,409 | |
| Remuneration, social security and pensions | 62 | - | €11,745 | +€11,745 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,997 | - | -€2,997 | |
| Other operating charges | 640/8 | €8,865 | €236 | -€8,629 | -97.3% |
| Gross operating margin | 9900 | €29,727 | €13,809 | -€15,918 | -53.5% |
| Operating profit (loss) | 9901 | €17,866 | €1,828 | -€16,038 | -89.8% |
| Financial income | 75/76B | - | €299 | +€299 | |
| Recurring financial income | 75 | - | €299 | +€299 | |
| Financial charges | 65/66B | €756 | €47 | -€709 | -93.8% |
| Recurring financial charges | 65 | €756 | €47 | -€709 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | €17,110 | €2,080 | -€15,030 | -87.8% |
| Income taxes | 67/77 | €3,460 | €455 | -€3,005 | -86.8% |
| Profit (loss) for the period | 9904 | €13,650 | €1,625 | -€12,025 | -88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,650 | €1,625 | -€12,025 | -88.1% |
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 26 October 2026 via checked.be.