CHER TRANS: what changed
Two financial 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
CHER TRANS
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€31,607
2024 · -€32,943+€64,551
Equity
€460,243
2024 · €428,636+€31,607
Cash
€153,588
2024 · €168,904-€15,316
Balance sheet total
€1.3m
2024 · €1.3m+€37,758
Largest movements
Assets
- Tangible fixed assets +€42,123
up €42,123 (+5.1%), from €832,431 to €874,554
of which Furniture and vehicles: +€121,190
- Receivables after one year +€20,477
new in 2025: €20,477
- Cash -€15,316
down €15,316 (-9.1%), from €168,904 to €153,588
mainly Investment in fixed assets (net) (-€217,115) and Debts after one year (-€46,385)
Equity and liabilities
- Debts after one year -€46,385
down €46,385 (-9.3%), from €496,454 to €450,070
- Current portion of long-term debt +€24,142
up €24,142 (+12.4%), from €193,948 to €218,091
- Trade debts +€22,336
up €22,336 (+59.9%), from €37,283 to €59,618
- Profit (loss) carried forward +€21,894
up €21,894, from -€21,894 to €0
Income statement
- Gross operating margin +€99,509
up €99,509 (+13.1%), from €762,270 to €861,779
- Depreciation +€36,314
up €36,314 (+26.2%), from €138,678 to €174,992
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.
Result 2024
-€32,943
Gross operating margin
+€99,509
Staff costs
-€4,666
Depreciation
-€36,314
Write-downs
-€8,378
Other operating charges
+€6,139
Financial income
+€2,869
Financial charges
+€6,190
Taxes
-€799
Result 2025
€31,607
raises the resultlowers the result
Derived cash bridge
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
+€213,586
Investment
-€217,115
Financing
-€11,788
Cash 2024
€168,904
From operations (derived)
+€213,586
Net result for the year
+€31,607
Depreciation
+€174,992
Receivables after one year
-€20,477
Receivables within one year
+€5,031
Deferred charges and accrued income
+€4,495
Trade debts
+€22,336
Tax, wage and social debts
-€4,398
Investment (derived)
-€217,115
Investment in fixed assets (net)
-€217,115
Financing
-€11,788
Debts after one year
-€46,385
Current portion of long-term debt
+€24,142
Short-term financial debts
+€10,455
Cash 2025
€153,588
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,255,983 | €1,293,741 | +€37,758 | +3.0% |
| Fixed assets | 21/28 | €847,358 | €889,481 | +€42,123 | +5.0% |
| Tangible fixed assets | 22/27 | €832,431 | €874,554 | +€42,123 | +5.1% |
| Land and buildings | 22 | €446,672 | €421,196 | -€25,476 | -5.7% |
| Plant, machinery and equipment | 23 | €144,551 | €122,934 | -€21,617 | -15.0% |
| Furniture and vehicles | 24 | €6,126 | €127,316 | +€121,190 | +1,978% |
| Leasing and similar rights | 25 | €235,082 | €203,108 | -€31,974 | -13.6% |
| Financial fixed assets | 28 | €14,927 | €14,927 | = | 0.0% |
| Current assets | 29/58 | €408,625 | €404,260 | -€4,365 | -1.1% |
| Amounts receivable after more than one year | 29 | - | €20,477 | +€20,477 | |
| Trade receivables | 290 | - | €20,477 | +€20,477 | |
| Amounts receivable within one year | 40/41 | €224,402 | €219,371 | -€5,031 | -2.2% |
| Trade receivables | 40 | €103,161 | €84,196 | -€18,966 | -18.4% |
| Other amounts receivable | 41 | €121,240 | €135,175 | +€13,935 | +11.5% |
| Cash at bank and in hand | 54/58 | €168,904 | €153,588 | -€15,316 | -9.1% |
| Deferred charges and accrued income | 490/1 | €15,319 | €10,824 | -€4,495 | -29.3% |
| Total equity and liabilities | 10/49 | €1,255,983 | €1,293,741 | +€37,758 | +3.0% |
| Equity | 10/15 | €428,636 | €460,243 | +€31,607 | +7.4% |
| Contributions | 10/11 | €268,600 | €268,600 | = | 0.0% |
| Reserves | 13 | €181,930 | €191,643 | +€9,714 | +5.3% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €172,930 | €182,643 | +€9,714 | +5.6% |
| Profit (loss) carried forward | 14 | -€21,894 | €0 | +€21,894 | |
| Amounts payable | 17/49 | €827,347 | €833,498 | +€6,151 | +0.7% |
| Amounts payable after more than one year | 17 | €496,454 | €450,070 | -€46,385 | -9.3% |
| Financial debts | 170/4 | €496,454 | €450,070 | -€46,385 | -9.3% |
| Amounts payable within one year | 42/48 | €330,893 | €383,428 | +€52,535 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €193,948 | €218,091 | +€24,142 | +12.4% |
| Financial debts | 43 | €15,337 | €25,791 | +€10,455 | +68.2% |
| Credit institutions | 430/8 | €15,337 | €25,791 | +€10,455 | +68.2% |
| Trade debts | 44 | €37,283 | €59,618 | +€22,336 | +59.9% |
| Suppliers | 440/4 | €37,283 | €59,618 | +€22,336 | +59.9% |
| Taxes, remuneration and social security | 45 | €84,326 | €79,928 | -€4,398 | -5.2% |
| Taxes | 450/3 | €24,885 | €9,203 | -€15,683 | -63.0% |
| Remuneration and social security | 454/9 | €59,440 | €70,725 | +€11,285 | +19.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €42,168 | - | -€42,168 | |
| Remuneration, social security and pensions | 62 | €605,963 | €610,629 | +€4,666 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138,678 | €174,992 | +€36,314 | +26.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,861 | €10,238 | +€8,378 | +450% |
| Other operating charges | 640/8 | €14,544 | €8,405 | -€6,139 | -42.2% |
| Gross operating margin | 9900 | €762,270 | €861,779 | +€99,509 | +13.1% |
| Operating profit (loss) | 9901 | €1,225 | €57,515 | +€56,290 | +4,596% |
| Financial income | 75/76B | €3,303 | €6,173 | +€2,869 | +86.9% |
| Recurring financial income | 75 | €3,303 | €6,173 | +€2,869 | +86.9% |
| Financial charges | 65/66B | €37,299 | €31,109 | -€6,190 | -16.6% |
| Recurring financial charges | 65 | €37,299 | €31,109 | -€6,190 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€32,771 | €32,579 | +€65,350 | |
| Income taxes | 67/77 | €172 | €971 | +€799 | +464% |
| Profit (loss) for the period | 9904 | -€32,943 | €31,607 | +€64,551 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,943 | €31,607 | +€64,551 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.