CONFOTRANS: 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
CONFOTRANS
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€57,207
2024 · -€3,689-€53,518
Equity
€894,674
2024 · €951,881-€57,207
Cash
€357,215
2024 · €563,679-€206,464
Balance sheet total
€2.4m
2024 · €2.5m-€56,718
Largest movements
Assets
- Current investments +€550,599
new in 2025: €550,599
- Receivables within one year -€399,253
down €399,253 (-33.3%), from €1.2m to €800,955
of which Trade receivables: -€373,793
- Cash -€206,464
down €206,464 (-36.6%), from €563,679 to €357,215
mainly Current investments (-€550,599) and Investment in fixed assets (net) (-€256,630)
Equity and liabilities
- Tax, wage and social debts -€67,434
down €67,434 (-14.8%), from €455,478 to €388,044
of which Remuneration and social security: -€61,035
- Reserves -€57,207
down €57,207 (-6.4%), from €889,881 to €832,674
of which Distributable reserves: -€55,366
- Current portion of long-term debt +€31,175
up €31,175 (+31.2%), from €100,000 to €131,175
- Debts after one year +€30,377
up €30,377 (+4.9%), from €625,000 to €655,377
Income statement
- Staff costs -€291,960
down €291,960 (-10.0%), from €2.9m to €2.6m
- Turnover -€259,666
down €259,666 (-4.7%), from €5.5m to €5.3m
- Goods and materials +€123,111
up €123,111 (+6.4%), from €1.9m to €2.0m
- Other operating income -€89,697
down €89,697 (-19.6%), from €457,973 to €368,276
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
-€3,689
Turnover
-€259,666
Other operating income
-€89,697
Goods and materials
-€123,111
Services and other goods
+€24,813
Staff costs
+€291,960
Depreciation
+€30,936
Other operating charges
+€16,716
Other operating items
+€40,954
Financial income
+€10,296
Financial charges
+€109
Taxes
+€3,171
Result 2025
-€57,207
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
+€539,213
Investment
-€807,228
Financing
+€61,551
Cash 2024
€563,679
From operations (derived)
+€539,213
Net result for the year
-€57,207
Depreciation
+€267,818
Receivables within one year
+€399,253
Deferred charges and accrued income
-€9,588
Provisions
-€613
Trade debts
-€5,088
Tax, wage and social debts
-€67,434
Other debts
+€24,200
Accrued charges and deferred income
-€12,128
Investment (derived)
-€807,228
Investment in fixed assets (net)
-€256,630
Current investments
-€550,599
Financing
+€61,551
Debts after one year
+€30,377
Current portion of long-term debt
+€31,175
Cash 2025
€357,215
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,494,244 | €2,437,526 | -€56,718 | -2.3% |
| Fixed assets | 21/28 | €584,055 | €572,867 | -€11,189 | -1.9% |
| Intangible fixed assets | 21 | €560 | €73 | -€487 | -87.0% |
| Tangible fixed assets | 22/27 | €577,015 | €566,854 | -€10,161 | -1.8% |
| Plant, machinery and equipment | 23 | €16,742 | €17,168 | +€426 | +2.5% |
| Furniture and vehicles | 24 | €560,273 | €385,351 | -€174,922 | -31.2% |
| Leasing and similar rights | 25 | - | €164,335 | +€164,335 | |
| Financial fixed assets | 28 | €6,480 | €5,940 | -€540 | -8.3% |
| Other financial fixed assets | 284/8 | €6,480 | €5,940 | -€540 | -8.3% |
| Amounts receivable and cash guarantees | 285/8 | €6,480 | €5,940 | -€540 | -8.3% |
| Current assets | 29/58 | €1,910,189 | €1,864,659 | -€45,529 | -2.4% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | - | = | |
| Advance payments | 36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,200,208 | €800,955 | -€399,253 | -33.3% |
| Trade receivables | 40 | €1,127,200 | €753,407 | -€373,793 | -33.2% |
| Other amounts receivable | 41 | €73,008 | €47,548 | -€25,460 | -34.9% |
| Current investments | 50/53 | - | €550,599 | +€550,599 | |
| Other investments | 51/53 | - | €550,599 | +€550,599 | |
| Cash at bank and in hand | 54/58 | €563,679 | €357,215 | -€206,464 | -36.6% |
| Deferred charges and accrued income | 490/1 | €146,302 | €155,891 | +€9,588 | +6.6% |
| Total equity and liabilities | 10/49 | €2,494,244 | €2,437,526 | -€56,718 | -2.3% |
| Equity | 10/15 | €951,881 | €894,674 | -€57,207 | -6.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €889,881 | €832,674 | -€57,207 | -6.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €318,907 | €317,067 | -€1,840 | -0.6% |
| Distributable reserves | 133 | €564,774 | €509,407 | -€55,366 | -9.8% |
| Provisions and deferred taxes | 16 | €2,096 | €1,482 | -€613 | -29.3% |
| Deferred taxes | 168 | €2,096 | €1,482 | -€613 | -29.3% |
| Amounts payable | 17/49 | €1,540,267 | €1,541,369 | +€1,102 | +0.1% |
| Amounts payable after more than one year | 17 | €625,000 | €655,377 | +€30,377 | +4.9% |
| Financial debts | 170/4 | €625,000 | €655,377 | +€30,377 | +4.9% |
| Leasing and similar obligations | 172 | - | €130,377 | +€130,377 | |
| Other loans | 174 | €625,000 | €525,000 | -€100,000 | -16.0% |
| Amounts payable within one year | 42/48 | €891,775 | €874,629 | -€17,147 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €131,175 | +€31,175 | +31.2% |
| Trade debts | 44 | €336,297 | €331,210 | -€5,088 | -1.5% |
| Suppliers | 440/4 | €336,297 | €331,210 | -€5,088 | -1.5% |
| Taxes, remuneration and social security | 45 | €455,478 | €388,044 | -€67,434 | -14.8% |
| Taxes | 450/3 | €100,121 | €93,722 | -€6,399 | -6.4% |
| Remuneration and social security | 454/9 | €355,357 | €294,322 | -€61,035 | -17.2% |
| Other amounts payable | 47/48 | €0 | €24,200 | +€24,200 | |
| Accrued charges and deferred income | 492/3 | €23,492 | €11,364 | -€12,128 | -51.6% |
| Operating income | 70/76A | €5,974,845 | €5,624,747 | -€350,098 | -5.9% |
| Turnover | 70 | €5,516,136 | €5,256,471 | -€259,666 | -4.7% |
| Other operating income | 74 | €457,973 | €368,276 | -€89,697 | -19.6% |
| Non-recurring operating income | 76A | €735 | €0 | -€735 | -100% |
| Operating charges | 60/66A | €5,936,520 | €5,653,516 | -€283,004 | -4.8% |
| Goods for resale, raw materials and consumables | 60 | €1,918,599 | €2,041,710 | +€123,111 | +6.4% |
| Purchases | 600/8 | €1,918,599 | €2,041,710 | +€123,111 | +6.4% |
| Services and other goods | 61 | €717,500 | €692,687 | -€24,813 | -3.5% |
| Remuneration, social security and pensions | 62 | €2,920,179 | €2,628,220 | -€291,960 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €298,754 | €267,818 | -€30,936 | -10.4% |
| Other operating charges | 640/8 | €35,723 | €19,006 | -€16,716 | -46.8% |
| Non-recurring operating charges | 66A | €45,764 | €4,075 | -€41,690 | -91.1% |
| Operating profit (loss) | 9901 | €38,325 | -€28,769 | -€67,094 | |
| Financial income | 75/76B | €28 | €10,324 | +€10,296 | +36,956% |
| Recurring financial income | 75 | €28 | €10,324 | +€10,296 | +36,956% |
| Income from current assets | 751 | €0 | €10,324 | +€10,324 | |
| Other financial income | 752/9 | €28 | €0 | -€28 | -100.0% |
| Financial charges | 65/66B | €38,598 | €38,489 | -€109 | -0.3% |
| Recurring financial charges | 65 | €38,598 | €38,489 | -€109 | -0.3% |
| Debt charges | 650 | €31,433 | €30,733 | -€700 | -2.2% |
| Other financial charges | 652/9 | €7,165 | €7,756 | +€591 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | -€245 | -€56,935 | -€56,689 | -23,111% |
| Transfer from deferred taxes | 780 | €613 | €613 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €4,057 | €885 | -€3,171 | -78.2% |
| Taxes | 670/3 | €4,057 | €885 | -€3,171 | -78.2% |
| Profit (loss) for the period | 9904 | -€3,689 | -€57,207 | -€53,518 | -1,451% |
| Transfer from tax-exempt reserves | 789 | €1,840 | €1,840 | +€0 | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,848 | -€55,366 | -€53,518 | -2,895% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.