CF-Traffic Belgium: what changed
What changed
CF-Traffic Belgium
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
-€131,190
2023 · -€78,691-€52,499
Equity
-€107,940
2023 · €23,250-€131,190
Cash
-
2023 · €6,548-€6,548
Balance sheet total
€555,899
2023 · €699,716-€143,816
Largest movements
Assets
- Tangible fixed assets -€74,913
down €74,913 (-27.1%), from €276,858 to €201,945
of which Leasing and similar rights: -€70,860
- Receivables within one year -€62,356
down €62,356 (-15.1%), from €413,880 to €351,524
of which Trade receivables: -€71,825
Equity and liabilities
- Trade debts +€131,438
up €131,438 (+59.3%), from €221,526 to €352,964
- Profit (loss) carried forward -€131,190
down €131,190, from €8,990 to -€122,200
- Advances received -€122,155
down €122,155 (-77.4%), from €157,891 to €35,735
- Debts after one year -€87,651
down €87,651 (-54.6%), from €160,465 to €72,814
- Current portion of long-term debt +€52,032
up €52,032 (+48.4%), from €107,409 to €159,441
Income statement
- Gross operating margin -€27,775
down €27,775 (-46.5%), from €59,735 to €31,960
- Staff costs +€25,487
up €25,487 (+65.2%), from €39,091 to €64,579
- Financial income -€4,274
down €4,274 (-90.1%), from €4,745 to €471
- Financial charges -€2,723
down €2,723 (-14.8%), from €18,375 to €15,652
- Depreciation -€1,995
down €1,995 (-2.5%), from €80,429 to €78,434
Change in the result, 2023 to 2024
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 2023
-€78,691
Gross operating margin
-€27,775
Staff costs
-€25,487
Depreciation
+€1,995
Other operating charges
+€443
Other operating items
-€124
Financial income
-€4,274
Financial charges
+€2,723
Result 2024
-€131,190
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€17,585
Investment
-€3,521
Financing
-€20,612
Cash 2023
€6,548
From operations (derived)
+€17,585
Net result for the year
-€131,190
Depreciation
+€78,434
Receivables within one year
+€62,356
Trade debts
+€131,438
Tax, wage and social debts
-€1,296
Advances received
-€122,155
Investment (derived)
-€3,521
Investment in fixed assets (net)
-€3,521
Financing
-€20,612
Debts after one year
-€87,651
Current portion of long-term debt
+€52,032
Short-term financial debts
+€15,006
Cash 2024
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €699,716 | €555,899 | -€143,816 | -20.6% |
| Fixed assets | 21/28 | €279,288 | €204,375 | -€74,913 | -26.8% |
| Tangible fixed assets | 22/27 | €276,858 | €201,945 | -€74,913 | -27.1% |
| Plant, machinery and equipment | 23 | €470 | €99 | -€371 | -79.0% |
| Furniture and vehicles | 24 | €17,207 | €13,525 | -€3,682 | -21.4% |
| Leasing and similar rights | 25 | €259,181 | €188,321 | -€70,860 | -27.3% |
| Financial fixed assets | 28 | €2,430 | €2,430 | = | 0.0% |
| Current assets | 29/58 | €420,428 | €351,524 | -€68,904 | -16.4% |
| Amounts receivable within one year | 40/41 | €413,880 | €351,524 | -€62,356 | -15.1% |
| Trade receivables | 40 | €317,224 | €245,399 | -€71,825 | -22.6% |
| Other amounts receivable | 41 | €96,656 | €106,125 | +€9,469 | +9.8% |
| Cash at bank and in hand | 54/58 | €6,548 | - | -€6,548 | |
| Total equity and liabilities | 10/49 | €699,716 | €555,899 | -€143,816 | -20.6% |
| Equity | 10/15 | €23,250 | -€107,940 | -€131,190 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,990 | -€122,200 | -€131,190 | |
| Amounts payable | 17/49 | €676,465 | €663,839 | -€12,626 | -1.9% |
| Amounts payable after more than one year | 17 | €160,465 | €72,814 | -€87,651 | -54.6% |
| Financial debts | 170/4 | €160,465 | €72,814 | -€87,651 | -54.6% |
| Amounts payable within one year | 42/48 | €516,000 | €591,025 | +€75,024 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €107,409 | €159,441 | +€52,032 | +48.4% |
| Financial debts | 43 | - | €15,006 | +€15,006 | |
| Credit institutions | 430/8 | - | €15,006 | +€15,006 | |
| Trade debts | 44 | €221,526 | €352,964 | +€131,438 | +59.3% |
| Suppliers | 440/4 | €221,526 | €352,964 | +€131,438 | +59.3% |
| Advances received on contracts in progress | 46 | €157,891 | €35,735 | -€122,155 | -77.4% |
| Taxes, remuneration and social security | 45 | €29,175 | €27,879 | -€1,296 | -4.4% |
| Taxes | 450/3 | €24,188 | €21,584 | -€2,604 | -10.8% |
| Remuneration and social security | 454/9 | €4,987 | €6,295 | +€1,308 | +26.2% |
| Non-recurring operating income | 76A | - | €33,379 | +€33,379 | |
| Remuneration, social security and pensions | 62 | €39,091 | €64,579 | +€25,487 | +65.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,429 | €78,434 | -€1,995 | -2.5% |
| Other operating charges | 640/8 | €4,493 | €4,050 | -€443 | -9.9% |
| Non-recurring operating charges | 66A | €784 | €908 | +€124 | +15.8% |
| Gross operating margin | 9900 | €59,735 | €31,960 | -€27,775 | -46.5% |
| Operating profit (loss) | 9901 | -€65,061 | -€116,009 | -€50,948 | -78.3% |
| Financial income | 75/76B | €4,745 | €471 | -€4,274 | -90.1% |
| Recurring financial income | 75 | €4,745 | €471 | -€4,274 | -90.1% |
| Financial charges | 65/66B | €18,375 | €15,652 | -€2,723 | -14.8% |
| Recurring financial charges | 65 | €18,375 | €15,652 | -€2,723 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€78,691 | -€131,190 | -€52,499 | -66.7% |
| Profit (loss) for the period | 9904 | -€78,691 | -€131,190 | -€52,499 | -66.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€78,691 | -€131,190 | -€52,499 | -66.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.