CLASSIC LINE SERVICES: 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.
CLASSIC LINE SERVICES
Largest movements
- Receivables within one year +€148,328
up €148,328 (+288%), from €51,482 to €199,810
of which Trade receivables: +€125,667
- Stocks and contracts -€93,224
down €93,224 (-21.5%), from €433,653 to €340,429
- Cash -€72,798
down €72,798 (-27.9%), from €261,131 to €188,333
mainly Receivables within one year (-€148,328) and Contributions, distributions and other (-€70,000)
- Tangible fixed assets +€23,766
up €23,766 (+32.0%), from €74,258 to €98,024
of which Furniture and vehicles: +€34,726
- Other debts +€66,306
up €66,306 (+34,178%), from €194 to €66,500
- Reserves -€60,000
down €60,000 (-24.0%), from €249,916 to €189,916
- Trade debts +€26,213
up €26,213 (+8,651%), from €303 to €26,516
- Debts after one year -€15,683
down €15,683 (-37.3%), from €42,093 to €26,410
- Tax, wage and social debts -€15,346
down €15,346 (-68.9%), from €22,262 to €6,916
- Gross operating margin -€20,590
down €20,590 (-35.5%), from €57,943 to €37,353
- Taxes -€4,464
down €4,464 (-56.1%), from €7,960 to €3,496
- Depreciation -€3,618
down €3,618 (-16.7%), from €21,642 to €18,024
- Financial charges +€1,354
up €1,354 (+122%), from €1,108 to €2,462
- Staff costs -€1,021
no longer reported in 2025 (was €1,021)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €822,146 | €829,806 | +€7,660 | +0.9% |
| Fixed assets | 21/28 | €74,338 | €98,104 | +€23,766 | +32.0% |
| Tangible fixed assets | 22/27 | €74,258 | €98,024 | +€23,766 | +32.0% |
| Plant, machinery and equipment | 23 | €4,963 | €2,796 | -€2,167 | -43.7% |
| Furniture and vehicles | 24 | €33,096 | €67,822 | +€34,726 | +105% |
| Other tangible fixed assets | 26 | €36,199 | €27,406 | -€8,793 | -24.3% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €747,808 | €731,702 | -€16,106 | -2.2% |
| Stocks and contracts in progress | 3 | €433,653 | €340,429 | -€93,224 | -21.5% |
| Stocks | 30/36 | €433,653 | €340,429 | -€93,224 | -21.5% |
| Amounts receivable within one year | 40/41 | €51,482 | €199,810 | +€148,328 | +288% |
| Trade receivables | 40 | €4,840 | €130,507 | +€125,667 | +2,596% |
| Other amounts receivable | 41 | €46,642 | €69,303 | +€22,661 | +48.6% |
| Cash at bank and in hand | 54/58 | €261,131 | €188,333 | -€72,798 | -27.9% |
| Deferred charges and accrued income | 490/1 | €1,542 | €3,130 | +€1,588 | +103% |
| Total equity and liabilities | 10/49 | €822,146 | €829,806 | +€7,660 | +0.9% |
| Equity | 10/15 | €729,688 | €670,454 | -€59,234 | -8.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €249,916 | €189,916 | -€60,000 | -24.0% |
| Distributable reserves | 133 | €249,916 | €189,916 | -€60,000 | -24.0% |
| Profit (loss) carried forward | 14 | €461,180 | €461,946 | +€766 | +0.2% |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €82,458 | €149,352 | +€66,894 | +81.1% |
| Amounts payable after more than one year | 17 | €42,093 | €26,410 | -€15,683 | -37.3% |
| Financial debts | 170/4 | €42,093 | €26,410 | -€15,683 | -37.3% |
| Amounts payable within one year | 42/48 | €40,365 | €122,942 | +€82,577 | +205% |
| Current portion of amounts payable after more than one year | 42 | €17,606 | €15,683 | -€1,923 | -10.9% |
| Financial debts | 43 | - | €7,327 | +€7,327 | |
| Credit institutions | 430/8 | - | €7,327 | +€7,327 | |
| Trade debts | 44 | €303 | €26,516 | +€26,213 | +8,651% |
| Suppliers | 440/4 | €303 | €26,516 | +€26,213 | +8,651% |
| Taxes, remuneration and social security | 45 | €22,262 | €6,916 | -€15,346 | -68.9% |
| Taxes | 450/3 | €22,262 | €6,916 | -€15,346 | -68.9% |
| Other amounts payable | 47/48 | €194 | €66,500 | +€66,306 | +34,178% |
| Non-recurring operating income | 76A | €27,743 | €6,015 | -€21,728 | -78.3% |
| Remuneration, social security and pensions | 62 | €1,021 | - | -€1,021 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,642 | €18,024 | -€3,618 | -16.7% |
| Other operating charges | 640/8 | €3,729 | €3,171 | -€558 | -15.0% |
| Non-recurring operating charges | 66A | €5,135 | - | -€5,135 | |
| Gross operating margin | 9900 | €57,943 | €37,353 | -€20,590 | -35.5% |
| Operating profit (loss) | 9901 | €26,416 | €16,158 | -€10,258 | -38.8% |
| Financial income | 75/76B | €28 | €566 | +€538 | +1,921% |
| Recurring financial income | 75 | €28 | €566 | +€538 | +1,921% |
| Financial charges | 65/66B | €1,108 | €2,462 | +€1,354 | +122% |
| Recurring financial charges | 65 | €1,108 | €2,462 | +€1,354 | +122% |
| Profit (loss) for the period before taxes | 9903 | €25,336 | €14,262 | -€11,074 | -43.7% |
| Income taxes | 67/77 | €7,960 | €3,496 | -€4,464 | -56.1% |
| Profit (loss) for the period | 9904 | €17,376 | €10,766 | -€6,610 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,376 | €10,766 | -€6,610 | -38.0% |
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 24 October 2026 via checked.be.