CARGO ACCESS: 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.
CARGO ACCESS
Largest movements
- Financial fixed assets -€117,816
down €117,816 (-85.5%), from €137,816 to €20,000
- Cash -€50,165
down €50,165 (-68.1%), from €73,636 to €23,471
mainly Trade debts (-€210,928) and Net result for the year (-€59,348)
- Receivables within one year -€45,751
down €45,751 (-17.2%), from €265,559 to €219,808
of which Other amounts receivable: -€70,146
- Tangible fixed assets -€6,120
down €6,120 (-26.5%), from €23,101 to €16,981
- Trade debts -€210,928
down €210,928 (-42.1%), from €501,058 to €290,130
- Tax, wage and social debts +€90,423
up €90,423 (+949.0%), from €9,529 to €99,951
of which Taxes: +€63,359
- Profit (loss) carried forward -€59,348
down €59,348 (-73.7%), from -€80,474 to -€139,822
- Debts after one year -€40,000
down €40,000 (-66.7%), from €60,000 to €20,000
- Staff costs +€91,735
up €91,735 (+115.6%), from €79,371 to €171,106
- Gross operating margin -€81,434
down €81,434 (-28.7%), from €283,994 to €202,560
- Other operating charges -€16,937
down €16,937 (-31.3%), from €54,167 to €37,229
- Financial charges -€10,772
down €10,772 (-91.0%), from €11,833 to €1,061
- Taxes +€10,015
up €10,015 (+25.0%), from €40,000 to €50,015
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.
Cash bridge derived
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 | €500,112 | €280,259 | -€219,853 | -44.0% |
| Fixed assets | 21/28 | €160,917 | €36,981 | -€123,936 | -77.0% |
| Tangible fixed assets | 22/27 | €23,101 | €16,981 | -€6,120 | -26.5% |
| Furniture and vehicles | 24 | €23,101 | €16,981 | -€6,120 | -26.5% |
| Financial fixed assets | 28 | €137,816 | €20,000 | -€117,816 | -85.5% |
| Current assets | 29/58 | €339,196 | €243,279 | -€95,917 | -28.3% |
| Amounts receivable within one year | 40/41 | €265,559 | €219,808 | -€45,751 | -17.2% |
| Trade receivables | 40 | €45,435 | €69,830 | +€24,394 | +53.7% |
| Other amounts receivable | 41 | €220,124 | €149,978 | -€70,146 | -31.9% |
| Cash at bank and in hand | 54/58 | €73,636 | €23,471 | -€50,165 | -68.1% |
| Total equity and liabilities | 10/49 | €500,112 | €280,259 | -€219,853 | -44.0% |
| Equity | 10/15 | -€70,474 | -€129,822 | -€59,348 | -84.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,474 | -€139,822 | -€59,348 | -73.7% |
| Amounts payable | 17/49 | €570,586 | €410,081 | -€160,505 | -28.1% |
| Amounts payable after more than one year | 17 | €60,000 | €20,000 | -€40,000 | -66.7% |
| Financial debts | 170/4 | €60,000 | €20,000 | -€40,000 | -66.7% |
| Amounts payable within one year | 42/48 | €510,586 | €390,081 | -€120,505 | -23.6% |
| Trade debts | 44 | €501,058 | €290,130 | -€210,928 | -42.1% |
| Suppliers | 440/4 | €501,058 | €290,130 | -€210,928 | -42.1% |
| Taxes, remuneration and social security | 45 | €9,529 | €99,951 | +€90,423 | +949.0% |
| Taxes | 450/3 | - | €63,359 | +€63,359 | |
| Remuneration and social security | 454/9 | €9,529 | €36,592 | +€27,064 | +284.0% |
| Non-recurring operating income | 76A | €3,002 | - | -€3,002 | |
| Remuneration, social security and pensions | 62 | €79,371 | €171,106 | +€91,735 | +115.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,043 | €6,120 | +€77 | +1.3% |
| Other operating charges | 640/8 | €54,167 | €37,229 | -€16,937 | -31.3% |
| Gross operating margin | 9900 | €283,994 | €202,560 | -€81,434 | -28.7% |
| Operating profit (loss) | 9901 | €144,413 | -€11,896 | -€156,309 | |
| Financial income | 75/76B | - | €3,624 | +€3,624 | |
| Recurring financial income | 75 | - | €3,624 | +€3,624 | |
| Financial charges | 65/66B | €11,833 | €1,061 | -€10,772 | -91.0% |
| Recurring financial charges | 65 | €11,833 | €1,061 | -€10,772 | -91.0% |
| Profit (loss) for the period before taxes | 9903 | €132,580 | -€9,333 | -€141,912 | |
| Income taxes | 67/77 | €40,000 | €50,015 | +€10,015 | +25.0% |
| Profit (loss) for the period | 9904 | €92,580 | -€59,348 | -€151,927 | |
| Profit (loss) for the period to be appropriated | 9905 | €92,580 | -€59,348 | -€151,927 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.