AY 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.
AY TRANS
Largest movements
- Deferred charges and accrued income -€551,367
down €551,367 (-92.9%), from €593,273 to €41,906
- Receivables within one year -€347,875
down €347,875 (-52.9%), from €657,560 to €309,684
of which Trade receivables: -€355,866
- Tangible fixed assets -€59,824
down €59,824 (-37.0%), from €161,539 to €101,715
of which Furniture and vehicles: -€64,631
- Cash -€39,777
down €39,777 (-83.7%), from €47,500 to €7,723
mainly Trade debts (-€1.0m) and Debts after one year (-€101,908)
- Trade debts -€1.0m
down €1.0m (-99.5%), from €1.0m to €5,061
- Tax, wage and social debts +€168,589
up €168,589 (+252%), from €66,987 to €235,576
of which Remuneration and social security: +€172,711
- Debts after one year -€101,908
no longer reported in 2024 (was €101,908)
- Other debts -€96,267
no longer reported in 2024 (was €96,267)
- Current portion of long-term debt +€66,696
up €66,696 (+1,177%), from €5,665 to €72,362
- Purchases and services +€1.4m
up €1.4m (+104%), from €1.3m to €2.7m
- Turnover +€460,928
up €460,928 (+21.5%), from €2.1m to €2.6m
- Gross operating margin +€298,717
up €298,717 (+35.9%), from €832,873 to €1.1m
- Staff costs +€232,532
up €232,532 (+32.8%), from €708,771 to €941,303
- Depreciation +€27,315
up €27,315 (+51.8%), from €52,762 to €80,077
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,462,082 | €471,024 | -€991,058 | -67.8% |
| Fixed assets | 21/28 | €163,749 | €111,710 | -€52,039 | -31.8% |
| Tangible fixed assets | 22/27 | €161,539 | €101,715 | -€59,824 | -37.0% |
| Land and buildings | 22 | €12,874 | €11,553 | -€1,321 | -10.3% |
| Plant, machinery and equipment | 23 | €679 | €8,651 | +€7,972 | +1,175% |
| Furniture and vehicles | 24 | €136,301 | €71,670 | -€64,631 | -47.4% |
| Other tangible fixed assets | 26 | €11,686 | €9,842 | -€1,844 | -15.8% |
| Financial fixed assets | 28 | €2,210 | €9,995 | +€7,785 | +352% |
| Current assets | 29/58 | €1,298,333 | €359,313 | -€939,020 | -72.3% |
| Amounts receivable within one year | 40/41 | €657,560 | €309,684 | -€347,875 | -52.9% |
| Trade receivables | 40 | €657,560 | €301,694 | -€355,866 | -54.1% |
| Other amounts receivable | 41 | - | €7,990 | +€7,990 | |
| Cash at bank and in hand | 54/58 | €47,500 | €7,723 | -€39,777 | -83.7% |
| Deferred charges and accrued income | 490/1 | €593,273 | €41,906 | -€551,367 | -92.9% |
| Total equity and liabilities | 10/49 | €1,462,082 | €471,024 | -€991,058 | -67.8% |
| Equity | 10/15 | €126,217 | €158,025 | +€31,808 | +25.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,420 | €2,420 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,420 | €2,420 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,420 | €2,420 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,197 | €137,005 | +€31,808 | +30.2% |
| Amounts payable | 17/49 | €1,335,865 | €312,999 | -€1.0m | -76.6% |
| Amounts payable after more than one year | 17 | €101,908 | - | -€101,908 | |
| Financial debts | 170/4 | €101,908 | - | -€101,908 | |
| Amounts payable within one year | 42/48 | €1,233,957 | €312,999 | -€920,958 | -74.6% |
| Current portion of amounts payable after more than one year | 42 | €5,665 | €72,362 | +€66,696 | +1,177% |
| Financial debts | 43 | €22,456 | - | -€22,456 | |
| Credit institutions | 430/8 | €22,456 | - | -€22,456 | |
| Trade debts | 44 | €1,042,582 | €5,061 | -€1.0m | -99.5% |
| Suppliers | 440/4 | €1,042,582 | €5,061 | -€1.0m | -99.5% |
| Taxes, remuneration and social security | 45 | €66,987 | €235,576 | +€168,589 | +252% |
| Taxes | 450/3 | €66,987 | €62,864 | -€4,123 | -6.2% |
| Remuneration and social security | 454/9 | - | €172,711 | +€172,711 | |
| Other amounts payable | 47/48 | €96,267 | - | -€96,267 | |
| Turnover | 70 | €2,144,547 | €2,605,475 | +€460,928 | +21.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,319,174 | €2,694,082 | +€1.4m | +104% |
| Remuneration, social security and pensions | 62 | €708,771 | €941,303 | +€232,532 | +32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,762 | €80,077 | +€27,315 | +51.8% |
| Other operating charges | 640/8 | €19,965 | €17,401 | -€2,564 | -12.8% |
| Gross operating margin | 9900 | €832,873 | €1,131,590 | +€298,717 | +35.9% |
| Operating profit (loss) | 9901 | €51,374 | €92,808 | +€41,434 | +80.7% |
| Financial income | 75/76B | €652 | €470 | -€182 | -27.9% |
| Recurring financial income | 75 | €652 | €470 | -€182 | -27.9% |
| Non-recurring financial income | 76B | €652 | - | -€652 | |
| Financial charges | 65/66B | €19,969 | €45,475 | +€25,505 | +128% |
| Recurring financial charges | 65 | €19,969 | €45,475 | +€25,505 | +128% |
| Profit (loss) for the period before taxes | 9903 | €32,057 | €47,804 | +€15,747 | +49.1% |
| Income taxes | 67/77 | €14,162 | €15,996 | +€1,834 | +13.0% |
| Profit (loss) for the period | 9904 | €17,895 | €31,808 | +€13,913 | +77.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,895 | €31,808 | +€13,913 | +77.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.