DE CEUSTER TRANSPORT: 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.
DE CEUSTER TRANSPORT
Largest movements
- Receivables within one year +€284,052
up €284,052 (+203%), from €139,972 to €424,024
of which Other amounts receivable: +€281,932
- Tangible fixed assets -€74,963
down €74,963 (-29.8%), from €251,330 to €176,367
- Cash -€61,009
down €61,009 (-24.6%), from €247,720 to €186,711
mainly Receivables within one year (-€284,052) and Investment in fixed assets (net) (-€39,021)
- Deferred charges and accrued income +€17,874
up €17,874 (+113%), from €15,833 to €33,708
- Trade debts +€171,580
up €171,580 (+586%), from €29,261 to €200,841
- Debts after one year -€25,557
down €25,557 (-32.0%), from €79,909 to €54,352
- Tax, wage and social debts +€11,091
up €11,091 (+25.6%), from €43,277 to €54,368
of which Remuneration and social security: +€8,423
- Staff costs +€35,273
up €35,273 (+10.3%), from €342,097 to €377,370
- Gross operating margin +€33,969
up €33,969 (+6.4%), from €526,824 to €560,793
- Depreciation +€17,976
up €17,976 (+18.8%), from €95,873 to €113,849
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 | €655,707 | €821,796 | +€166,089 | +25.3% |
| Fixed assets | 21/28 | €252,181 | €177,353 | -€74,828 | -29.7% |
| Tangible fixed assets | 22/27 | €251,330 | €176,367 | -€74,963 | -29.8% |
| Furniture and vehicles | 24 | €251,330 | €176,367 | -€74,963 | -29.8% |
| Financial fixed assets | 28 | €851 | €986 | +€135 | +15.9% |
| Current assets | 29/58 | €403,526 | €644,443 | +€240,917 | +59.7% |
| Amounts receivable within one year | 40/41 | €139,972 | €424,024 | +€284,052 | +203% |
| Trade receivables | 40 | €117,553 | €119,673 | +€2,120 | +1.8% |
| Other amounts receivable | 41 | €22,419 | €304,351 | +€281,932 | +1,258% |
| Cash at bank and in hand | 54/58 | €247,720 | €186,711 | -€61,009 | -24.6% |
| Deferred charges and accrued income | 490/1 | €15,833 | €33,708 | +€17,874 | +113% |
| Total equity and liabilities | 10/49 | €655,707 | €821,796 | +€166,089 | +25.3% |
| Equity | 10/15 | €478,725 | €486,678 | +€7,953 | +1.7% |
| Contributions | 10/11 | €268,600 | €268,600 | = | 0.0% |
| Reserves | 13 | €210,125 | €218,078 | +€7,953 | +3.8% |
| Non-distributable reserves | 130/1 | €26,860 | €26,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €26,860 | €26,860 | = | 0.0% |
| Distributable reserves | 133 | €183,265 | €191,218 | +€7,953 | +4.3% |
| Amounts payable | 17/49 | €176,982 | €335,118 | +€158,136 | +89.4% |
| Amounts payable after more than one year | 17 | €79,909 | €54,352 | -€25,557 | -32.0% |
| Financial debts | 170/4 | €79,909 | €54,352 | -€25,557 | -32.0% |
| Amounts payable within one year | 42/48 | €97,073 | €280,767 | +€183,693 | +189% |
| Current portion of amounts payable after more than one year | 42 | €24,536 | €25,557 | +€1,022 | +4.2% |
| Trade debts | 44 | €29,261 | €200,841 | +€171,580 | +586% |
| Suppliers | 440/4 | €29,261 | €200,841 | +€171,580 | +586% |
| Taxes, remuneration and social security | 45 | €43,277 | €54,368 | +€11,091 | +25.6% |
| Taxes | 450/3 | €2,059 | €4,727 | +€2,668 | +130% |
| Remuneration and social security | 454/9 | €41,218 | €49,641 | +€8,423 | +20.4% |
| Non-recurring operating income | 76A | €19,000 | - | -€19,000 | |
| Remuneration, social security and pensions | 62 | €342,097 | €377,370 | +€35,273 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,873 | €113,849 | +€17,976 | +18.8% |
| Other operating charges | 640/8 | €55,108 | €54,246 | -€862 | -1.6% |
| Gross operating margin | 9900 | €526,824 | €560,793 | +€33,969 | +6.4% |
| Operating profit (loss) | 9901 | €33,746 | €15,328 | -€18,418 | -54.6% |
| Financial income | 75/76B | €6,612 | €5,183 | -€1,430 | -21.6% |
| Recurring financial income | 75 | €6,612 | €5,183 | -€1,430 | -21.6% |
| Financial charges | 65/66B | €6,975 | €5,743 | -€1,232 | -17.7% |
| Recurring financial charges | 65 | €6,975 | €5,743 | -€1,232 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €33,384 | €14,767 | -€18,616 | -55.8% |
| Income taxes | 67/77 | €9,386 | €6,814 | -€2,572 | -27.4% |
| Profit (loss) for the period | 9904 | €23,997 | €7,953 | -€16,044 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,997 | €7,953 | -€16,044 | -66.9% |
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 19 October 2026 via checked.be.