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CBLW: 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

CBLW

BE 0758.615.917
NACE 49.410, Freight transport by road
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€6,829
2024 · €4,896+€1,933
Equity
€53,887
2024 · €47,058+€6,829
Cash
€3,564
2024 · €3,774-€210
Balance sheet total
€103,821
2024 · €73,560+€30,261

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€20,359

    up €20,359 (+118.1%), from €17,241 to €37,600

    of which Plant, machinery and equipment: +€28,740

  • Receivables within one year +€14,062

    up €14,062 (+33.4%), from €42,072 to €56,134

    of which Trade receivables: +€16,672

  • Stocks and contracts -€8,466

    no longer reported in 2025 (was €8,466)

  • Deferred charges and accrued income +€4,468

    up €4,468 (+236.8%), from €1,887 to €6,355

Equity and liabilities
  • Other debts +€30,192

    new in 2025: €30,192

  • Trade debts -€11,232

    down €11,232 (-73.4%), from €15,311 to €4,079

  • Reserves +€6,829

    up €6,829 (+15.3%), from €44,558 to €51,387

  • Tax, wage and social debts +€6,509

    up €6,509 (+254.5%), from €2,558 to €9,067

  • Accrued charges and deferred income -€2,037

    down €2,037 (-23.6%), from €8,633 to €6,596

Income statement
  • Turnover +€24,652

    up €24,652 (+22.3%), from €110,392 to €135,044

  • Purchases and services +€20,867

    up €20,867 (+23.9%), from €87,312 to €108,179

  • Depreciation +€5,709

    up €5,709 (+131.8%), from €4,331 to €10,040

  • Gross operating margin +€3,785

    up €3,785 (+16.4%), from €23,080 to €26,865

  • Financial charges -€3,161

    down €3,161 (-67.9%), from €4,653 to €1,492

From the 2024 result to the 2025 result

effect on the 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 2024 €4,896
Gross operating margin +€3,785
Staff costs -€176
Depreciation -€5,709
Other operating charges +€494
Financial income -€745
Financial charges +€3,161
Taxes +€1,123
Result 2025 €6,829

Cash bridge derived

cash 2024 to 2025

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.

From operations +€30,237
Investment -€30,447
Financing €0
Cash 2024 €3,774
Net result for the year +€6,829
Depreciation +€10,040
Stocks and contracts +€8,466
Receivables within one year -€14,062
Deferred charges and accrued income -€4,468
Trade debts -€11,232
Tax, wage and social debts +€6,509
Other debts +€30,192
Accrued charges and deferred income -€2,037
Investment in fixed assets (net) -€30,447
Cash 2025 €3,564
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €73,560 €103,821 +€30,261 +41.1%
Fixed assets 21/28 €17,361 €37,768 +€20,407 +117.5%
Tangible fixed assets 22/27 €17,241 €37,600 +€20,359 +118.1%
Plant, machinery and equipment 23 €4,912 €33,652 +€28,740 +585.1%
Furniture and vehicles 24 €12,329 €3,948 -€8,381 -68.0%
Financial fixed assets 28 €120 €168 +€48 +40.0%
Current assets 29/58 €56,199 €66,053 +€9,854 +17.5%
Stocks and contracts in progress 3 €8,466 - -€8,466
Stocks 30/36 €8,466 - -€8,466
Amounts receivable within one year 40/41 €42,072 €56,134 +€14,062 +33.4%
Trade receivables 40 €39,462 €56,134 +€16,672 +42.2%
Other amounts receivable 41 €2,610 - -€2,610
Cash at bank and in hand 54/58 €3,774 €3,564 -€210 -5.6%
Deferred charges and accrued income 490/1 €1,887 €6,355 +€4,468 +236.8%
Total equity and liabilities 10/49 €73,560 €103,821 +€30,261 +41.1%
Equity 10/15 €47,058 €53,887 +€6,829 +14.5%
Contributions 10/11 €2,500 €2,500 = 0.0%
Reserves 13 €44,558 €51,387 +€6,829 +15.3%
Distributable reserves 133 €44,558 €51,387 +€6,829 +15.3%
Amounts payable 17/49 €26,502 €49,934 +€23,432 +88.4%
Amounts payable within one year 42/48 €17,869 €43,338 +€25,469 +142.5%
Trade debts 44 €15,311 €4,079 -€11,232 -73.4%
Suppliers 440/4 €15,311 €4,079 -€11,232 -73.4%
Taxes, remuneration and social security 45 €2,558 €9,067 +€6,509 +254.5%
Taxes 450/3 €2,558 €9,067 +€6,509 +254.5%
Other amounts payable 47/48 - €30,192 +€30,192
Accrued charges and deferred income 492/3 €8,633 €6,596 -€2,037 -23.6%
Turnover 70 €110,392 €135,044 +€24,652 +22.3%
Goods, raw materials, services and sundry goods 60/61 €87,312 €108,179 +€20,867 +23.9%
Remuneration, social security and pensions 62 - €176 +€176
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,331 €10,040 +€5,709 +131.8%
Other operating charges 640/8 €6,937 €6,443 -€494 -7.1%
Gross operating margin 9900 €23,080 €26,865 +€3,785 +16.4%
Operating profit (loss) 9901 €11,812 €10,206 -€1,606 -13.6%
Financial income 75/76B €856 €111 -€745 -87.0%
Recurring financial income 75 €856 €111 -€745 -87.0%
Financial charges 65/66B €4,653 €1,492 -€3,161 -67.9%
Recurring financial charges 65 €4,653 €1,492 -€3,161 -67.9%
Profit (loss) for the period before taxes 9903 €8,015 €8,825 +€810 +10.1%
Income taxes 67/77 €3,119 €1,996 -€1,123 -36.0%
Profit (loss) for the period 9904 €4,896 €6,829 +€1,933 +39.5%
Profit (loss) for the period to be appropriated 9905 €4,896 €6,829 +€1,933 +39.5%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.