ERENSAR TRANSPORT SOLUTION: 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.
ERENSAR TRANSPORT SOLUTION
Largest movements
- Receivables within one year -€23,747
down €23,747 (-48.0%), from €49,441 to €25,693
of which Trade receivables: -€21,989
- Cash +€6,903
up €6,903 (+6,299%), from €110 to €7,012
mainly Receivables within one year (+€23,747) and Net result for the year (+€17,023)
- Financial fixed assets -€2,000
no longer reported in 2025 (was €2,000)
- Tangible fixed assets -€1,761
down €1,761 (-27.1%), from €6,506 to €4,745
of which Other tangible fixed assets: -€1,500
- Trade debts -€20,889
down €20,889 (-95.9%), from €21,788 to €899
- Profit (loss) carried forward +€17,023
up €17,023 (+51.5%), from -€33,031 to -€16,008
- Tax, wage and social debts -€9,151
down €9,151 (-56.1%), from €16,321 to €7,169
of which Remuneration and social security: -€11,508
- Other debts -€4,426
down €4,426 (-61.7%), from €7,176 to €2,750
- Short-term financial debts -€3,000
down €3,000 (-12.0%), from €25,000 to €22,000
- Staff costs -€128,836
down €128,836 (-92.8%), from €138,872 to €10,036
- Gross operating margin -€118,776
down €118,776 (-63.5%), from €187,154 to €68,378
- Other operating charges -€22,814
down €22,814 (-48.8%), from €46,731 to €23,917
- Taxes +€5,078
new in 2025: €5,078
- Financial charges -€2,323
down €2,323 (-23.5%), from €9,886 to €7,563
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 | €58,347 | €37,886 | -€20,461 | -35.1% |
| Fixed assets | 21/28 | €8,506 | €4,745 | -€3,761 | -44.2% |
| Tangible fixed assets | 22/27 | €6,506 | €4,745 | -€1,761 | -27.1% |
| Furniture and vehicles | 24 | €3,157 | €2,896 | -€261 | -8.3% |
| Other tangible fixed assets | 26 | €3,349 | €1,849 | -€1,500 | -44.8% |
| Financial fixed assets | 28 | €2,000 | - | -€2,000 | |
| Current assets | 29/58 | €49,840 | €33,141 | -€16,699 | -33.5% |
| Amounts receivable within one year | 40/41 | €49,441 | €25,693 | -€23,747 | -48.0% |
| Trade receivables | 40 | €43,330 | €21,341 | -€21,989 | -50.7% |
| Other amounts receivable | 41 | €6,111 | €4,352 | -€1,759 | -28.8% |
| Cash at bank and in hand | 54/58 | €110 | €7,012 | +€6,903 | +6,299% |
| Deferred charges and accrued income | 490/1 | €290 | €435 | +€145 | +50.1% |
| Total equity and liabilities | 10/49 | €58,347 | €37,886 | -€20,461 | -35.1% |
| Equity | 10/15 | -€14,431 | €2,592 | +€17,023 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,031 | -€16,008 | +€17,023 | +51.5% |
| Amounts payable | 17/49 | €72,778 | €35,294 | -€37,484 | -51.5% |
| Amounts payable within one year | 42/48 | €70,285 | €32,818 | -€37,466 | -53.3% |
| Financial debts | 43 | €25,000 | €22,000 | -€3,000 | -12.0% |
| Credit institutions | 430/8 | €25,000 | €22,000 | -€3,000 | -12.0% |
| Trade debts | 44 | €21,788 | €899 | -€20,889 | -95.9% |
| Suppliers | 440/4 | €21,788 | €899 | -€20,889 | -95.9% |
| Taxes, remuneration and social security | 45 | €16,321 | €7,169 | -€9,151 | -56.1% |
| Taxes | 450/3 | €2,852 | €5,209 | +€2,357 | +82.6% |
| Remuneration and social security | 454/9 | €13,469 | €1,960 | -€11,508 | -85.4% |
| Other amounts payable | 47/48 | €7,176 | €2,750 | -€4,426 | -61.7% |
| Accrued charges and deferred income | 492/3 | €2,493 | €2,476 | -€17 | -0.7% |
| Remuneration, social security and pensions | 62 | €138,872 | €10,036 | -€128,836 | -92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,651 | €4,761 | -€1,890 | -28.4% |
| Other operating charges | 640/8 | €46,731 | €23,917 | -€22,814 | -48.8% |
| Gross operating margin | 9900 | €187,154 | €68,378 | -€118,776 | -63.5% |
| Operating profit (loss) | 9901 | -€5,100 | €29,664 | +€34,764 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -75.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -75.0% |
| Financial charges | 65/66B | €9,886 | €7,563 | -€2,323 | -23.5% |
| Recurring financial charges | 65 | €9,886 | €7,563 | -€2,323 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,985 | €22,102 | +€37,087 | |
| Income taxes | 67/77 | - | €5,078 | +€5,078 | |
| Profit (loss) for the period | 9904 | -€14,985 | €17,023 | +€32,009 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,985 | €17,023 | +€32,009 |
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 17 October 2026 via checked.be.