BP TRANS & ZN: what changed
BP TRANS & ZN
Largest movements
- Receivables after one year +€423,443
new in 2025: €423,443
- Tangible fixed assets -€234,702
down €234,702 (-99.7%), from €235,364 to €662
of which Furniture and vehicles: -€141,133
- Receivables within one year -€161,793
down €161,793 (-86.1%), from €187,959 to €26,167
of which Trade receivables: -€132,068
- Cash +€133,038
up €133,038 (+15,000%), from €887 to €133,924
mainly Net result for the year (+€382,814) and Investment in fixed assets (net) (+€217,878)
- Deferred charges and accrued income -€39,041
down €39,041 (-93.8%), from €41,643 to €2,602
- Reserves +€307,026
up €307,026 (+158%), from €194,080 to €501,106
of which Distributable reserves: +€307,026
- Current portion of long-term debt -€110,875
down €110,875 (-100%), from €110,875 to €0
- Debts after one year -€106,428
down €106,428 (-100%), from €106,428 to €0
- Profit (loss) carried forward +€75,787
up €75,787, from -€75,787 to €0
- Trade debts -€63,018
down €63,018 (-95.9%), from €65,701 to €2,683
- Staff costs -€527,854
down €527,854, from €524,847 to -€3,008
- Gross operating margin -€182,256
down €182,256 (-25.8%), from €705,759 to €523,502
- Taxes +€127,136
up €127,136 (+49,732%), from €256 to €127,392
- Depreciation -€116,129
down €116,129 (-86.6%), from €134,169 to €18,040
- Financial income +€13,556
up €13,556 (+5,020,615%), from €0 to €13,556
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €472,924 | €592,654 | +€119,730 | +25.3% |
| Fixed assets | 21/28 | €242,435 | €6,517 | -€235,918 | -97.3% |
| Intangible fixed assets | 21 | €466 | €0 | -€466 | -100% |
| Tangible fixed assets | 22/27 | €235,364 | €662 | -€234,702 | -99.7% |
| Plant, machinery and equipment | 23 | €4,517 | €0 | -€4,517 | -100% |
| Furniture and vehicles | 24 | €141,133 | €0 | -€141,133 | -100% |
| Leasing and similar rights | 25 | €88,113 | €0 | -€88,113 | -100% |
| Other tangible fixed assets | 26 | €1,601 | €662 | -€939 | -58.7% |
| Financial fixed assets | 28 | €6,605 | €5,855 | -€750 | -11.4% |
| Current assets | 29/58 | €230,489 | €586,137 | +€355,648 | +154% |
| Amounts receivable after more than one year | 29 | - | €423,443 | +€423,443 | |
| Other amounts receivable | 291 | - | €423,443 | +€423,443 | |
| Amounts receivable within one year | 40/41 | €187,959 | €26,167 | -€161,793 | -86.1% |
| Trade receivables | 40 | €154,854 | €22,786 | -€132,068 | -85.3% |
| Other amounts receivable | 41 | €33,105 | €3,380 | -€29,725 | -89.8% |
| Cash at bank and in hand | 54/58 | €887 | €133,924 | +€133,038 | +15,000% |
| Deferred charges and accrued income | 490/1 | €41,643 | €2,602 | -€39,041 | -93.8% |
| Total equity and liabilities | 10/49 | €472,924 | €592,654 | +€119,730 | +25.3% |
| Equity | 10/15 | €143,292 | €526,106 | +€382,814 | +267% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €194,080 | €501,106 | +€307,026 | +158% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,000 | €33,000 | = | 0.0% |
| Distributable reserves | 133 | €158,580 | €465,606 | +€307,026 | +194% |
| Profit (loss) carried forward | 14 | -€75,787 | €0 | +€75,787 | |
| Amounts payable | 17/49 | €329,632 | €66,548 | -€263,084 | -79.8% |
| Amounts payable after more than one year | 17 | €106,428 | €0 | -€106,428 | -100% |
| Financial debts | 170/4 | €106,428 | €0 | -€106,428 | -100% |
| Amounts payable within one year | 42/48 | €223,203 | €66,548 | -€156,656 | -70.2% |
| Current portion of amounts payable after more than one year | 42 | €110,875 | €0 | -€110,875 | -100% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €65,701 | €2,683 | -€63,018 | -95.9% |
| Suppliers | 440/4 | €65,701 | €2,683 | -€63,018 | -95.9% |
| Taxes, remuneration and social security | 45 | €33,832 | €55,095 | +€21,264 | +62.9% |
| Taxes | 450/3 | €9,502 | €55,095 | +€45,593 | +480% |
| Remuneration and social security | 454/9 | €24,329 | €0 | -€24,329 | -100% |
| Other amounts payable | 47/48 | €12,796 | €8,770 | -€4,026 | -31.5% |
| Non-recurring operating income | 76A | - | €20,000 | +€20,000 | |
| Remuneration, social security and pensions | 62 | €524,847 | -€3,008 | -€527,854 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,169 | €18,040 | -€116,129 | -86.6% |
| Other operating charges | 640/8 | €14,566 | €4,989 | -€9,577 | -65.7% |
| Gross operating margin | 9900 | €705,759 | €523,502 | -€182,256 | -25.8% |
| Operating profit (loss) | 9901 | €32,176 | €503,481 | +€471,305 | +1,465% |
| Financial income | 75/76B | €0 | €13,556 | +€13,556 | +5,020,615% |
| Recurring financial income | 75 | €0 | €13,556 | +€13,556 | +5,020,615% |
| Financial charges | 65/66B | €13,841 | €6,832 | -€7,009 | -50.6% |
| Recurring financial charges | 65 | €13,841 | €6,832 | -€7,009 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | €18,336 | €510,205 | +€491,870 | +2,683% |
| Income taxes | 67/77 | €256 | €127,392 | +€127,136 | +49,732% |
| Profit (loss) for the period | 9904 | €18,080 | €382,814 | +€364,734 | +2,017% |
| Profit (loss) for the period to be appropriated | 9905 | €18,080 | €382,814 | +€364,734 | +2,017% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.