BRANDERHORST TRANSPORT: what changed
What changed
BRANDERHORST TRANSPORT
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
€9,130
2024 · €27,780-€18,651
Equity
€93,735
2024 · €84,605+€9,130
Cash
€16,907
2024 · €20,152-€3,245
Balance sheet total
€103,094
2024 · €104,912-€1,818
Largest movements
Assets
- Receivables within one year +€24,679
up €24,679 (+435%), from €5,679 to €30,359
of which Other amounts receivable: +€23,991
- Tangible fixed assets -€23,252
down €23,252 (-29.4%), from €79,080 to €55,828
of which Furniture and vehicles: -€23,141
- Cash -€3,245
down €3,245 (-16.1%), from €20,152 to €16,907
mainly Receivables within one year (-€24,679) and Other debts (-€8,075)
Equity and liabilities
- Reserves +€9,130
up €9,130 (+12.6%), from €72,200 to €81,329
of which Distributable reserves: +€12,532
- Other debts -€8,075
down €8,075 (-100%), from €8,075 to €0
- Provisions -€1,134
down €1,134 (-22.2%), from €5,117 to €3,982
- Trade debts -€1,067
down €1,067 (-58.1%), from €1,837 to €771
Income statement
- Gross operating margin -€14,874
down €14,874 (-27.5%), from €54,084 to €39,210
- Depreciation +€9,492
up €9,492 (+69.0%), from €13,760 to €23,252
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.
Result 2024
€27,780
Gross operating margin
-€14,874
Depreciation
-€9,492
Other operating charges
-€204
Financial income
-€8
Financial charges
+€77
Taxes
-€401
Deferred taxes and other
+€6,251
Result 2025
€9,130
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€3,245
Investment
€0
Financing
€0
Cash 2024
€20,152
From operations (derived)
-€3,245
Net result for the year
+€9,130
Depreciation
+€23,252
Receivables within one year
-€24,679
Provisions
-€1,134
Trade debts
-€1,067
Tax, wage and social debts
-€421
Other debts
-€8,075
Accrued charges and deferred income
-€250
Cash 2025
€16,907
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,912 | €103,094 | -€1,818 | -1.7% |
| Fixed assets | 21/28 | €79,080 | €55,828 | -€23,252 | -29.4% |
| Tangible fixed assets | 22/27 | €79,080 | €55,828 | -€23,252 | -29.4% |
| Land and buildings | 22 | €922 | €810 | -€112 | -12.1% |
| Furniture and vehicles | 24 | €78,158 | €55,018 | -€23,141 | -29.6% |
| Current assets | 29/58 | €25,832 | €47,266 | +€21,434 | +83.0% |
| Amounts receivable within one year | 40/41 | €5,679 | €30,359 | +€24,679 | +435% |
| Trade receivables | 40 | €5,018 | €5,706 | +€688 | +13.7% |
| Other amounts receivable | 41 | €661 | €24,652 | +€23,991 | +3,630% |
| Cash at bank and in hand | 54/58 | €20,152 | €16,907 | -€3,245 | -16.1% |
| Total equity and liabilities | 10/49 | €104,912 | €103,094 | -€1,818 | -1.7% |
| Equity | 10/15 | €84,605 | €93,735 | +€9,130 | +10.8% |
| Contributions | 10/11 | €12,405 | €12,405 | = | 0.0% |
| Reserves | 13 | €72,200 | €81,329 | +€9,130 | +12.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,350 | €11,947 | -€3,403 | -22.2% |
| Distributable reserves | 133 | €54,990 | €67,522 | +€12,532 | +22.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €5,117 | €3,982 | -€1,134 | -22.2% |
| Deferred taxes | 168 | €5,117 | €3,982 | -€1,134 | -22.2% |
| Amounts payable | 17/49 | €15,190 | €5,377 | -€9,813 | -64.6% |
| Amounts payable within one year | 42/48 | €14,940 | €5,377 | -€9,563 | -64.0% |
| Trade debts | 44 | €1,837 | €771 | -€1,067 | -58.1% |
| Suppliers | 440/4 | €1,837 | €771 | -€1,067 | -58.1% |
| Taxes, remuneration and social security | 45 | €5,028 | €4,606 | -€421 | -8.4% |
| Taxes | 450/3 | €4,628 | €4,606 | -€21 | -0.5% |
| Remuneration and social security | 454/9 | €400 | €0 | -€400 | -100% |
| Other amounts payable | 47/48 | €8,075 | €0 | -€8,075 | -100% |
| Accrued charges and deferred income | 492/3 | €250 | €0 | -€250 | -100% |
| Non-recurring operating income | 76A | €22,686 | €0 | -€22,686 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,760 | €23,252 | +€9,492 | +69.0% |
| Other operating charges | 640/8 | €587 | €791 | +€204 | +34.8% |
| Gross operating margin | 9900 | €54,084 | €39,210 | -€14,874 | -27.5% |
| Operating profit (loss) | 9901 | €39,737 | €15,167 | -€24,570 | -61.8% |
| Financial income | 75/76B | €81 | €74 | -€8 | -9.5% |
| Recurring financial income | 75 | €81 | €74 | -€8 | -9.5% |
| Financial charges | 65/66B | €119 | €42 | -€77 | -64.8% |
| Recurring financial charges | 65 | €119 | €42 | -€77 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | €39,699 | €15,199 | -€24,500 | -61.7% |
| Transfer from deferred taxes | 780 | €555 | €1,134 | +€579 | +104% |
| Transfer to deferred taxes | 680 | €5,671 | €0 | -€5,671 | -100% |
| Income taxes | 67/77 | €6,803 | €7,204 | +€401 | +5.9% |
| Profit (loss) for the period | 9904 | €27,780 | €9,130 | -€18,651 | -67.1% |
| Transfer from tax-exempt reserves | 789 | €1,665 | €3,403 | +€1,738 | +104% |
| Transfer to tax-exempt reserves | 689 | €17,014 | €0 | -€17,014 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €12,430 | €12,532 | +€102 | +0.8% |
Next steps
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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 4 November 2026 via checked.be.