Combifreight: 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.
Combifreight
Largest movements
- Tangible fixed assets -€3,270
down €3,270 (-17.6%), from €18,613 to €15,343
of which Furniture and vehicles: -€4,845
- Receivables within one year +€1,263
up €1,263 (+50.8%), from €2,488 to €3,751
of which Trade receivables: +€635
- Cash +€334
up €334 (+32.6%), from €1,025 to €1,358
mainly Depreciation (+€5,080) and Other debts (+€1,036)
- Profit (loss) carried forward -€3,187
down €3,187 (-46.2%), from -€6,899 to -€10,086
- Other debts +€1,036
up €1,036 (+3.9%), from €26,559 to €27,595
- Trade debts +€478
up €478 (+103%), from €466 to €943
- Depreciation +€1,402
up €1,402 (+38.1%), from €3,678 to €5,080
- Gross operating margin +€1,282
up €1,282 (+94.2%), from €1,361 to €2,643
- Turnover +€1,137
up €1,137 (+19.5%), from €5,833 to €6,970
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 | €22,126 | €20,452 | -€1,674 | -7.6% |
| Fixed assets | 21/28 | €18,613 | €15,343 | -€3,270 | -17.6% |
| Tangible fixed assets | 22/27 | €18,613 | €15,343 | -€3,270 | -17.6% |
| Plant, machinery and equipment | 23 | - | €1,575 | +€1,575 | |
| Furniture and vehicles | 24 | €18,613 | €13,768 | -€4,845 | -26.0% |
| Current assets | 29/58 | €3,512 | €5,109 | +€1,596 | +45.4% |
| Amounts receivable within one year | 40/41 | €2,488 | €3,751 | +€1,263 | +50.8% |
| Trade receivables | 40 | €400 | €1,035 | +€635 | +159% |
| Other amounts receivable | 41 | €2,088 | €2,716 | +€628 | +30.1% |
| Cash at bank and in hand | 54/58 | €1,025 | €1,358 | +€334 | +32.6% |
| Total equity and liabilities | 10/49 | €22,126 | €20,452 | -€1,674 | -7.6% |
| Equity | 10/15 | -€4,899 | -€8,086 | -€3,187 | -65.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,899 | -€10,086 | -€3,187 | -46.2% |
| Amounts payable | 17/49 | €27,025 | €28,538 | +€1,514 | +5.6% |
| Amounts payable within one year | 42/48 | €27,025 | €28,538 | +€1,514 | +5.6% |
| Trade debts | 44 | €466 | €943 | +€478 | +103% |
| Suppliers | 440/4 | €466 | €943 | +€478 | +103% |
| Other amounts payable | 47/48 | €26,559 | €27,595 | +€1,036 | +3.9% |
| Turnover | 70 | €5,833 | €6,970 | +€1,137 | +19.5% |
| Non-recurring operating income | 76A | - | €144 | +€144 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,472 | €4,471 | -€1 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,678 | €5,080 | +€1,402 | +38.1% |
| Other operating charges | 640/8 | €475 | €520 | +€45 | +9.5% |
| Gross operating margin | 9900 | €1,361 | €2,643 | +€1,282 | +94.2% |
| Operating profit (loss) | 9901 | -€2,792 | -€2,957 | -€165 | -5.9% |
| Financial charges | 65/66B | €249 | €231 | -€19 | -7.5% |
| Recurring financial charges | 65 | €249 | €231 | -€19 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,041 | -€3,187 | -€146 | -4.8% |
| Profit (loss) for the period | 9904 | -€3,041 | -€3,187 | -€146 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,041 | -€3,187 | -€146 | -4.8% |
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 20 October 2026 via checked.be.