DE BEZEMBINDER: 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
DE BEZEMBINDER
NACE 49.320, Non-scheduled passenger transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€155,775
2024 · €84,092+€71,683
Equity
€1.7m
2024 · €1.5m+€155,775
Cash
€414,219
2024 · €242,336+€171,884
Balance sheet total
€2.4m
2024 · €2.1m+€225,100
Largest movements
Assets
- Cash +€171,884
up €171,884 (+70.9%), from €242,336 to €414,219
mainly Depreciation (+€202,138) and Net result for the year (+€155,775)
- Receivables within one year +€84,004
up €84,004 (+15.5%), from €540,641 to €624,645
of which Other amounts receivable: +€59,850
Equity and liabilities
- Profit (loss) carried forward +€137,736
up €137,736 (+39.2%), from €351,098 to €488,834
- Tax, wage and social debts +€61,718
up €61,718 (+134%), from €46,106 to €107,824
of which Remuneration and social security: +€36,744
- Trade debts -€26,384
down €26,384 (-16.4%), from €160,504 to €134,120
Income statement
- Gross operating margin +€150,810
up €150,810 (+22.1%), from €681,159 to €831,969
- Staff costs +€77,207
up €77,207 (+22.9%), from €336,448 to €413,656
- Depreciation -€37,423
down €37,423 (-15.6%), from €239,561 to €202,138
- Taxes +€28,279
up €28,279 (+148%), from €19,143 to €47,422
- Financial income -€13,387
down €13,387 (-78.5%), from €17,059 to €3,672
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
€84,092
Gross operating margin
+€150,810
Staff costs
-€77,207
Depreciation
+€37,423
Other operating charges
+€1,572
Financial income
-€13,387
Financial charges
+€750
Taxes
-€28,279
Result 2025
€155,775
raises the resultlowers the result
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
+€327,281
Investment
-€188,459
Financing
+€33,062
Cash 2024
€242,336
From operations (derived)
+€327,281
Net result for the year
+€155,775
Depreciation
+€202,138
Stocks and contracts
+€9,057
Receivables within one year
-€84,004
Deferred charges and accrued income
+€8,052
Trade debts
-€26,384
Tax, wage and social debts
+€61,718
Accrued charges and deferred income
+€929
Investment (derived)
-€188,459
Investment in fixed assets (net)
-€188,459
Financing
+€33,062
Debts after one year
+€9,771
Current portion of long-term debt
+€23,291
Cash 2025
€414,219
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,130,378 | €2,355,478 | +€225,100 | +10.6% |
| Fixed assets | 21/28 | €1,156,640 | €1,142,961 | -€13,679 | -1.2% |
| Tangible fixed assets | 22/27 | €1,156,640 | €1,142,961 | -€13,679 | -1.2% |
| Land and buildings | 22 | €368,165 | €322,558 | -€45,608 | -12.4% |
| Plant, machinery and equipment | 23 | €737 | €12,129 | +€11,392 | +1,545% |
| Furniture and vehicles | 24 | €535,055 | €596,283 | +€61,228 | +11.4% |
| Leasing and similar rights | 25 | €240,175 | €200,150 | -€40,025 | -16.7% |
| Other tangible fixed assets | 26 | €12,508 | €11,842 | -€666 | -5.3% |
| Current assets | 29/58 | €973,738 | €1,212,517 | +€238,779 | +24.5% |
| Amounts receivable after more than one year | 29 | €152,486 | €152,486 | = | 0.0% |
| Other amounts receivable | 291 | €152,486 | €152,486 | = | 0.0% |
| Stocks and contracts in progress | 3 | €26,791 | €17,734 | -€9,057 | -33.8% |
| Stocks | 30/36 | €26,791 | €17,734 | -€9,057 | -33.8% |
| Amounts receivable within one year | 40/41 | €540,641 | €624,645 | +€84,004 | +15.5% |
| Trade receivables | 40 | €210,969 | €235,123 | +€24,154 | +11.4% |
| Other amounts receivable | 41 | €329,672 | €389,523 | +€59,850 | +18.2% |
| Cash at bank and in hand | 54/58 | €242,336 | €414,219 | +€171,884 | +70.9% |
| Deferred charges and accrued income | 490/1 | €11,484 | €3,433 | -€8,052 | -70.1% |
| Total equity and liabilities | 10/49 | €2,130,378 | €2,355,478 | +€225,100 | +10.6% |
| Equity | 10/15 | €1,540,456 | €1,696,231 | +€155,775 | +10.1% |
| Contributions | 10/11 | €945,000 | €945,000 | = | 0.0% |
| Capital | 10 | €945,000 | €945,000 | = | 0.0% |
| Issued capital | 100 | €945,000 | €945,000 | = | 0.0% |
| Reserves | 13 | €244,358 | €262,397 | +€18,039 | +7.4% |
| Non-distributable reserves | 130/1 | €73,500 | €81,000 | +€7,500 | +10.2% |
| Legal reserve | 130 | €73,500 | €81,000 | +€7,500 | +10.2% |
| Tax-exempt reserves | 132 | €170,858 | €181,397 | +€10,539 | +6.2% |
| Profit (loss) carried forward | 14 | €351,098 | €488,834 | +€137,736 | +39.2% |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €569,922 | €639,247 | +€69,325 | +12.2% |
| Amounts payable after more than one year | 17 | €252,207 | €261,978 | +€9,771 | +3.9% |
| Financial debts | 170/4 | €252,207 | €261,978 | +€9,771 | +3.9% |
| Amounts payable within one year | 42/48 | €317,715 | €376,340 | +€58,625 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €96,104 | €119,396 | +€23,291 | +24.2% |
| Trade debts | 44 | €160,504 | €134,120 | -€26,384 | -16.4% |
| Suppliers | 440/4 | €160,504 | €134,120 | -€26,384 | -16.4% |
| Taxes, remuneration and social security | 45 | €46,106 | €107,824 | +€61,718 | +134% |
| Taxes | 450/3 | €25,834 | €50,807 | +€24,974 | +96.7% |
| Remuneration and social security | 454/9 | €20,273 | €57,017 | +€36,744 | +181% |
| Other amounts payable | 47/48 | €15,000 | €15,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €929 | +€929 | |
| Non-recurring operating income | 76A | €25,422 | €11,504 | -€13,918 | -54.7% |
| Remuneration, social security and pensions | 62 | €336,448 | €413,656 | +€77,207 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €239,561 | €202,138 | -€37,423 | -15.6% |
| Other operating charges | 640/8 | €3,967 | €2,395 | -€1,572 | -39.6% |
| Gross operating margin | 9900 | €681,159 | €831,969 | +€150,810 | +22.1% |
| Operating profit (loss) | 9901 | €101,183 | €213,781 | +€112,598 | +111% |
| Financial income | 75/76B | €17,059 | €3,672 | -€13,387 | -78.5% |
| Recurring financial income | 75 | €17,059 | €3,672 | -€13,387 | -78.5% |
| Financial charges | 65/66B | €15,006 | €14,256 | -€750 | -5.0% |
| Recurring financial charges | 65 | €15,006 | €14,256 | -€750 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €103,236 | €203,197 | +€99,961 | +96.8% |
| Income taxes | 67/77 | €19,143 | €47,422 | +€28,279 | +148% |
| Profit (loss) for the period | 9904 | €84,092 | €155,775 | +€71,683 | +85.2% |
| Transfer to tax-exempt reserves | 689 | €20,500 | €10,539 | -€9,961 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €63,592 | €145,236 | +€81,644 | +128% |
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 16 October 2026 via checked.be.