C - TRANS: what changed
Two fiscal 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.
What changed
C - TRANS
NACE 50.400, Inland freight water transport
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€21,344
2023 · €19,854+€1,490
Equity
€839,524
2023 · €818,180+€21,344
Cash
€53,992
2023 · €64,733-€10,741
Balance sheet total
€2.5m
2023 · €2.6m-€145,465
Largest movements
Assets
- Tangible fixed assets -€139,324
down €139,324 (-7.6%), from €1.8m to €1.7m
of which Furniture and vehicles: -€125,000
Equity and liabilities
- Debts after one year -€165,931
down €165,931 (-10.4%), from €1.6m to €1.4m
- Trade debts -€30,230
down €30,230 (-68.1%), from €44,397 to €14,168
- Accrued charges and deferred income +€26,608
new in 2024: €26,608
Income statement
- Gross operating margin -€12,604
down €12,604 (-5.8%), from €216,187 to €203,583
- Depreciation -€10,385
down €10,385 (-6.9%), from €149,710 to €139,324
- Financial charges -€4,093
down €4,093 (-8.9%), from €46,199 to €42,106
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.
Result 2023
€19,854
Gross operating margin
-€12,604
Depreciation
+€10,385
Other operating charges
-€798
Financial income
+€315
Financial charges
+€4,093
Taxes
+€99
Result 2024
€21,344
Cash bridge derived
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.
From operations
+€152,958
Investment
€0
Financing
-€163,699
Cash 2023
€64,733
From operations (derived)
+€152,958
Net result for the year
+€21,344
Depreciation
+€139,324
Receivables after one year
-€16,591
Receivables within one year
+€12,002
Deferred charges and accrued income
-€12
Trade debts
-€30,230
Tax, wage and social debts
+€511
Accrued charges and deferred income
+€26,608
Financing
-€163,699
Debts after one year
-€165,931
Current portion of long-term debt
+€2,232
Cash 2024
€53,992
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,627,502 | €2,482,036 | -€145,465 | -5.5% |
| Fixed assets | 21/28 | €2,233,110 | €2,093,785 | -€139,324 | -6.2% |
| Tangible fixed assets | 22/27 | €1,833,110 | €1,693,785 | -€139,324 | -7.6% |
| Land and buildings | 22 | €306,705 | €303,165 | -€3,540 | -1.2% |
| Plant, machinery and equipment | 23 | €1,051 | €81 | -€970 | -92.3% |
| Furniture and vehicles | 24 | €1,500,000 | €1,375,000 | -€125,000 | -8.3% |
| Leasing and similar rights | 25 | €25,354 | €15,539 | -€9,814 | -38.7% |
| Financial fixed assets | 28 | €400,000 | €400,000 | = | 0.0% |
| Current assets | 29/58 | €394,392 | €388,251 | -€6,141 | -1.6% |
| Amounts receivable after more than one year | 29 | €268,916 | €285,507 | +€16,591 | +6.2% |
| Other amounts receivable | 291 | €268,916 | €285,507 | +€16,591 | +6.2% |
| Amounts receivable within one year | 40/41 | €60,391 | €48,389 | -€12,002 | -19.9% |
| Trade receivables | 40 | €60,071 | €47,164 | -€12,907 | -21.5% |
| Other amounts receivable | 41 | €320 | €1,225 | +€905 | +282.4% |
| Cash at bank and in hand | 54/58 | €64,733 | €53,992 | -€10,741 | -16.6% |
| Deferred charges and accrued income | 490/1 | €352 | €364 | +€12 | +3.4% |
| Total equity and liabilities | 10/49 | €2,627,502 | €2,482,036 | -€145,465 | -5.5% |
| Equity | 10/15 | €818,180 | €839,524 | +€21,344 | +2.6% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €1,532,621 | €1,532,621 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,532,621 | €1,532,621 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€788,809 | -€767,465 | +€21,344 | +2.7% |
| Amounts payable | 17/49 | €1,809,321 | €1,642,512 | -€166,809 | -9.2% |
| Amounts payable after more than one year | 17 | €1,600,615 | €1,434,684 | -€165,931 | -10.4% |
| Financial debts | 170/4 | €1,600,615 | €1,434,684 | -€165,931 | -10.4% |
| Amounts payable within one year | 42/48 | €208,706 | €181,220 | -€27,487 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €163,699 | €165,931 | +€2,232 | +1.4% |
| Trade debts | 44 | €44,397 | €14,168 | -€30,230 | -68.1% |
| Suppliers | 440/4 | €44,397 | €14,168 | -€30,230 | -68.1% |
| Taxes, remuneration and social security | 45 | €610 | €1,121 | +€511 | +83.7% |
| Taxes | 450/3 | €610 | €1,121 | +€511 | +83.7% |
| Accrued charges and deferred income | 492/3 | - | €26,608 | +€26,608 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,710 | €139,324 | -€10,385 | -6.9% |
| Other operating charges | 640/8 | €3,719 | €4,518 | +€798 | +21.5% |
| Gross operating margin | 9900 | €216,187 | €203,583 | -€12,604 | -5.8% |
| Operating profit (loss) | 9901 | €62,759 | €59,741 | -€3,017 | -4.8% |
| Financial income | 75/76B | €3,905 | €4,219 | +€315 | +8.1% |
| Recurring financial income | 75 | €3,905 | €4,219 | +€315 | +8.1% |
| Financial charges | 65/66B | €46,199 | €42,106 | -€4,093 | -8.9% |
| Recurring financial charges | 65 | €46,199 | €42,106 | -€4,093 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €20,464 | €21,855 | +€1,390 | +6.8% |
| Income taxes | 67/77 | €610 | €511 | -€99 | -16.3% |
| Profit (loss) for the period | 9904 | €19,854 | €21,344 | +€1,490 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,854 | €21,344 | +€1,490 | +7.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.