Corporate Ride: what changed
What changed
Corporate Ride
NACE 52.230, Warehousing and support activities for transportation
filed annual accounts (NBB)
Net result for the year
-€49,116
2023 · -€30,201-€18,915
Equity
-€109,124
2023 · -€61,999-€47,126
Cash
€1,529
2023 · €1,789-€261
Balance sheet total
€251,034
2023 · €223,839+€27,196
Largest movements
Assets
- Receivables within one year +€54,039
up €54,039 (+40.7%), from €132,793 to €186,833
of which Trade receivables: +€45,552
- Tangible fixed assets -€25,619
down €25,619 (-29.8%), from €86,109 to €60,489
Equity and liabilities
- Advances received +€71,000
new in 2024: €71,000
- Profit (loss) carried forward -€49,116
down €49,116 (-17.7%), from -€277,909 to -€327,024
- Other debts -€45,700
down €45,700 (-22.1%), from €206,336 to €160,636
- Tax, wage and social debts +€28,866
up €28,866 (+113%), from €25,451 to €54,317
of which Remuneration and social security: +€34,971
- Trade debts +€20,121
up €20,121 (+154%), from €13,050 to €33,171
Income statement
- Staff costs +€249,373
up €249,373 (+373%), from €66,880 to €316,253
- Gross operating margin +€235,381
up €235,381 (+304%), from €77,375 to €312,756
- Depreciation +€4,225
up €4,225 (+11.3%), from €37,508 to €41,733
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€30,201
Gross operating margin
+€235,381
Staff costs
-€249,373
Depreciation
-€4,225
Other operating charges
+€460
Financial charges
-€572
Taxes
-€585
Result 2024
-€49,116
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€13,823
Investment
-€16,074
Financing
+€1,990
Cash 2023
€1,789
From operations (derived)
+€13,823
Net result for the year
-€49,116
Depreciation
+€41,733
Receivables within one year
-€54,039
Deferred charges and accrued income
+€924
Trade debts
+€20,121
Tax, wage and social debts
+€28,866
Advances received
+€71,000
Other debts
-€45,700
Accrued charges and deferred income
+€34
Investment (derived)
-€16,074
Investment in fixed assets (net)
-€16,074
Financing
+€1,990
Contributions, distributions and other
+€1,990
Cash 2024
€1,529
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €223,839 | €251,034 | +€27,196 | +12.1% |
| Fixed assets | 21/28 | €86,429 | €60,769 | -€25,659 | -29.7% |
| Tangible fixed assets | 22/27 | €86,109 | €60,489 | -€25,619 | -29.8% |
| Furniture and vehicles | 24 | €86,109 | €60,489 | -€25,619 | -29.8% |
| Financial fixed assets | 28 | €320 | €280 | -€40 | -12.5% |
| Current assets | 29/58 | €137,410 | €190,265 | +€52,855 | +38.5% |
| Amounts receivable within one year | 40/41 | €132,793 | €186,833 | +€54,039 | +40.7% |
| Trade receivables | 40 | €119,153 | €164,706 | +€45,552 | +38.2% |
| Other amounts receivable | 41 | €13,640 | €22,127 | +€8,487 | +62.2% |
| Cash at bank and in hand | 54/58 | €1,789 | €1,529 | -€261 | -14.6% |
| Deferred charges and accrued income | 490/1 | €2,828 | €1,903 | -€924 | -32.7% |
| Total equity and liabilities | 10/49 | €223,839 | €251,034 | +€27,196 | +12.1% |
| Equity | 10/15 | -€61,999 | -€109,124 | -€47,126 | -76.0% |
| Contributions | 10/11 | €215,910 | €217,900 | +€1,990 | +0.9% |
| Profit (loss) carried forward | 14 | -€277,909 | -€327,024 | -€49,116 | -17.7% |
| Amounts payable | 17/49 | €285,837 | €360,159 | +€74,321 | +26.0% |
| Amounts payable after more than one year | 17 | €41,000 | €41,000 | = | 0.0% |
| Financial debts | 170/4 | €41,000 | €41,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €244,837 | €319,124 | +€74,287 | +30.3% |
| Trade debts | 44 | €13,050 | €33,171 | +€20,121 | +154% |
| Suppliers | 440/4 | €13,050 | €33,171 | +€20,121 | +154% |
| Advances received on contracts in progress | 46 | - | €71,000 | +€71,000 | |
| Taxes, remuneration and social security | 45 | €25,451 | €54,317 | +€28,866 | +113% |
| Taxes | 450/3 | €6,541 | €436 | -€6,105 | -93.3% |
| Remuneration and social security | 454/9 | €18,910 | €53,881 | +€34,971 | +185% |
| Other amounts payable | 47/48 | €206,336 | €160,636 | -€45,700 | -22.1% |
| Accrued charges and deferred income | 492/3 | - | €34 | +€34 | |
| Remuneration, social security and pensions | 62 | €66,880 | €316,253 | +€249,373 | +373% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,508 | €41,733 | +€4,225 | +11.3% |
| Other operating charges | 640/8 | €1,387 | €927 | -€460 | -33.2% |
| Gross operating margin | 9900 | €77,375 | €312,756 | +€235,381 | +304% |
| Operating profit (loss) | 9901 | -€28,400 | -€46,158 | -€17,758 | -62.5% |
| Financial charges | 65/66B | €1,801 | €2,373 | +€572 | +31.8% |
| Recurring financial charges | 65 | €1,801 | €2,373 | +€572 | +31.8% |
| Profit (loss) for the period before taxes | 9903 | -€30,201 | -€48,531 | -€18,330 | -60.7% |
| Income taxes | 67/77 | - | €585 | +€585 | |
| Profit (loss) for the period | 9904 | -€30,201 | -€49,116 | -€18,915 | -62.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,201 | -€49,116 | -€18,915 | -62.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.