CITYTRANS: 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
CITYTRANS
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€60,196
2024 · €36,851-€97,047
Equity
€410,872
2024 · €346,069+€64,804
Cash
€12,946
2024 · €14,210-€1,264
Balance sheet total
€1.8m
2024 · €2.5m-€697,970
Largest movements
Assets
- Receivables after one year -€814,779
down €814,779 (-100%), from €814,779 to €0
- Financial fixed assets +€240,000
up €240,000 (+114%), from €209,620 to €449,620
of which Affiliated companies: +€240,000
- Tangible fixed assets -€160,859
down €160,859 (-17.8%), from €902,824 to €741,965
of which Leasing and similar rights: -€452,229
Equity and liabilities
- Debts after one year -€302,279
down €302,279 (-37.7%), from €802,279 to €500,000
- Trade debts -€235,998
down €235,998 (-31.2%), from €755,308 to €519,309
- Short-term financial debts -€160,884
down €160,884 (-63.7%), from €252,570 to €91,686
- Current portion of long-term debt -€148,626
down €148,626 (-100%), from €148,626 to €0
- Contributions +€125,000
up €125,000 (+202%), from €62,000 to €187,000
Income statement
- Turnover -€929,634
down €929,634 (-15.0%), from €6.2m to €5.3m
- Goods and materials -€535,362
down €535,362 (-18.4%), from €2.9m to €2.4m
- Staff costs -€238,864
down €238,864 (-13.1%), from €1.8m to €1.6m
- Other operating income -€134,949
down €134,949 (-76.8%), from €175,774 to €40,825
- Services and other goods -€83,960
down €83,960 (-8.4%), from €1.0m to €916,903
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
€36,851
Turnover
-€929,634
Other operating income
-€134,949
Goods and materials
+€535,362
Services and other goods
+€83,960
Staff costs
+€238,864
Depreciation
-€1,922
Other operating charges
+€49,391
Other operating items
+€23,191
Financial income
-€3,982
Financial charges
+€42,529
Taxes
+€143
Result 2025
-€60,196
raises the resultlowers the resultnot broken down further in the accounts
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
+€845,847
Investment
-€360,321
Financing
-€486,790
Cash 2024
€14,210
From operations (derived)
+€845,847
Net result for the year
-€60,196
Depreciation
+€281,180
Receivables after one year
+€814,779
Receivables within one year
-€21,988
Deferred charges and accrued income
-€16,944
Trade debts
-€235,998
Tax, wage and social debts
+€24,278
Accrued charges and deferred income
+€60,737
Investment (derived)
-€360,321
Investment in fixed assets (net)
-€360,321
Financing
-€486,790
Debts after one year
-€302,279
Current portion of long-term debt
-€148,626
Short-term financial debts
-€160,884
Contributions, distributions and other
+€125,000
Cash 2025
€12,946
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,527,497 | €1,829,527 | -€697,970 | -27.6% |
| Fixed assets | 21/28 | €1,112,444 | €1,191,585 | +€79,141 | +7.1% |
| Tangible fixed assets | 22/27 | €902,824 | €741,965 | -€160,859 | -17.8% |
| Plant, machinery and equipment | 23 | €7,603 | €5,937 | -€1,665 | -21.9% |
| Furniture and vehicles | 24 | €442,992 | €736,027 | +€293,035 | +66.1% |
| Leasing and similar rights | 25 | €452,229 | €0 | -€452,229 | -100% |
| Financial fixed assets | 28 | €209,620 | €449,620 | +€240,000 | +114% |
| Affiliated companies | 280/1 | €209,620 | €449,620 | +€240,000 | +114% |
| Participating interests | 280 | €209,620 | €209,620 | = | 0.0% |
| Amounts receivable | 281 | €0 | €240,000 | +€240,000 | |
| Other financial fixed assets | 284/8 | €0 | - | = | |
| Amounts receivable and cash guarantees | 285/8 | €0 | - | = | |
| Current assets | 29/58 | €1,415,053 | €637,942 | -€777,111 | -54.9% |
| Amounts receivable after more than one year | 29 | €814,779 | €0 | -€814,779 | -100% |
| Trade receivables | 290 | €814,779 | €0 | -€814,779 | -100% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €575,314 | €597,302 | +€21,988 | +3.8% |
| Trade receivables | 40 | €574,814 | €590,875 | +€16,061 | +2.8% |
| Other amounts receivable | 41 | €500 | €6,427 | +€5,927 | +1,185% |
| Cash at bank and in hand | 54/58 | €14,210 | €12,946 | -€1,264 | -8.9% |
| Deferred charges and accrued income | 490/1 | €10,750 | €27,694 | +€16,944 | +158% |
| Total equity and liabilities | 10/49 | €2,527,497 | €1,829,527 | -€697,970 | -27.6% |
| Equity | 10/15 | €346,069 | €410,872 | +€64,804 | +18.7% |
| Contributions | 10/11 | €62,000 | €187,000 | +€125,000 | +202% |
| Capital | 10 | €62,000 | €187,000 | +€125,000 | +202% |
| Issued capital | 100 | €62,000 | €187,000 | +€125,000 | +202% |
| Reserves | 13 | €683,531 | €659,851 | -€23,681 | -3.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €677,331 | €653,651 | -€23,681 | -3.5% |
| Profit (loss) carried forward | 14 | -€399,462 | -€435,978 | -€36,516 | -9.1% |
| Amounts payable | 17/49 | €2,181,428 | €1,418,654 | -€762,774 | -35.0% |
| Amounts payable after more than one year | 17 | €802,279 | €500,000 | -€302,279 | -37.7% |
| Financial debts | 170/4 | €802,279 | €500,000 | -€302,279 | -37.7% |
| Leasing and similar obligations | 172 | €0 | - | = | |
| Other loans | 174 | €802,279 | €500,000 | -€302,279 | -37.7% |
| Amounts payable within one year | 42/48 | €1,367,741 | €846,510 | -€521,231 | -38.1% |
| Current portion of amounts payable after more than one year | 42 | €148,626 | €0 | -€148,626 | -100% |
| Financial debts | 43 | €252,570 | €91,686 | -€160,884 | -63.7% |
| Credit institutions | 430/8 | €252,570 | €91,686 | -€160,884 | -63.7% |
| Trade debts | 44 | €755,308 | €519,309 | -€235,998 | -31.2% |
| Suppliers | 440/4 | €755,308 | €519,309 | -€235,998 | -31.2% |
| Taxes, remuneration and social security | 45 | €211,237 | €235,515 | +€24,278 | +11.5% |
| Taxes | 450/3 | €46,043 | €63,757 | +€17,714 | +38.5% |
| Remuneration and social security | 454/9 | €165,194 | €171,757 | +€6,564 | +4.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €11,408 | €72,145 | +€60,737 | +532% |
| Operating income | 70/76A | €6,383,055 | €5,344,667 | -€1.0m | -16.3% |
| Turnover | 70 | €6,207,281 | €5,277,647 | -€929,634 | -15.0% |
| Other operating income | 74 | €175,774 | €40,825 | -€134,949 | -76.8% |
| Non-recurring operating income | 76A | - | €26,195 | +€26,195 | |
| Operating charges | 60/66A | €6,243,630 | €5,340,979 | -€902,651 | -14.5% |
| Goods for resale, raw materials and consumables | 60 | €2,912,576 | €2,377,214 | -€535,362 | -18.4% |
| Purchases | 600/8 | €2,912,576 | €2,377,214 | -€535,362 | -18.4% |
| Services and other goods | 61 | €1,000,863 | €916,903 | -€83,960 | -8.4% |
| Remuneration, social security and pensions | 62 | €1,824,944 | €1,586,081 | -€238,864 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €279,258 | €281,180 | +€1,922 | +0.7% |
| Other operating charges | 640/8 | €221,133 | €171,742 | -€49,391 | -22.3% |
| Non-recurring operating charges | 66A | €4,855 | €7,858 | +€3,004 | +61.9% |
| Operating profit (loss) | 9901 | €139,426 | €3,688 | -€135,738 | -97.4% |
| Financial income | 75/76B | €6,069 | €2,087 | -€3,982 | -65.6% |
| Recurring financial income | 75 | €6,069 | €2,087 | -€3,982 | -65.6% |
| Other financial income | 752/9 | €6,069 | €2,087 | -€3,982 | -65.6% |
| Financial charges | 65/66B | €108,048 | €65,518 | -€42,529 | -39.4% |
| Recurring financial charges | 65 | €108,048 | €65,518 | -€42,529 | -39.4% |
| Debt charges | 650 | €39,231 | €12,601 | -€26,630 | -67.9% |
| Other financial charges | 652/9 | €68,817 | €52,918 | -€15,899 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €37,447 | -€59,743 | -€97,190 | |
| Income taxes | 67/77 | €596 | €453 | -€143 | -24.0% |
| Taxes | 670/3 | €596 | €453 | -€143 | -24.0% |
| Profit (loss) for the period | 9904 | €36,851 | -€60,196 | -€97,047 | |
| Transfer from tax-exempt reserves | 789 | - | €23,681 | +€23,681 | |
| Transfer to tax-exempt reserves | 689 | €75,750 | €0 | -€75,750 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,899 | -€36,516 | +€2,383 | +6.1% |
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 21 October 2026 via checked.be.