EURO-TRAFIC: 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
EURO-TRAFIC
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€713,291
2024 · €710,609+€2,682
Equity
€2.5m
2024 · €2.0m+€490,728
Cash
€1.1m
2024 · €901,463+€191,235
Balance sheet total
€16.2m
2024 · €15.5m+€658,776
Largest movements
Assets
- Tangible fixed assets +€272,640
up €272,640 (+2.8%), from €9.7m to €10.0m
of which Leasing and similar rights: +€215,779
- Cash +€191,235
up €191,235 (+21.2%), from €901,463 to €1.1m
mainly Depreciation (+€2.3m) and Net result for the year (+€713,291)
- Receivables within one year +€173,935
up €173,935 (+6.8%), from €2.6m to €2.8m
of which Trade receivables: +€134,020
- Deferred charges and accrued income +€162,008
up €162,008 (+93.6%), from €173,100 to €335,108
Equity and liabilities
- Debts after one year +€366,041
up €366,041 (+5.8%), from €6.3m to €6.7m
of which Other amounts payable: +€400,000
- Short-term financial debts -€359,376
down €359,376 (-18.8%), from €1.9m to €1.6m
- Tax, wage and social debts +€257,973
up €257,973 (+21.3%), from €1.2m to €1.5m
of which Remuneration and social security: +€230,427
- Profit (loss) carried forward +€257,442
up €257,442 (+42.8%), from €601,443 to €858,886
- Reserves +€255,849
up €255,849 (+25.9%), from €987,699 to €1.2m
of which Tax-exempt reserves: +€255,849
Income statement
- Turnover +€526,375
up €526,375 (+2.9%), from €18.3m to €18.8m
- Staff costs +€354,590
up €354,590 (+4.6%), from €7.7m to €8.0m
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
€710,609
Turnover
+€526,375
Other operating income
-€103,584
Goods and materials
+€67,387
Services and other goods
-€7,561
Staff costs
-€354,590
Depreciation
-€82,843
Write-downs
+€10,572
Other operating charges
-€122,597
Financial income
+€44,339
Financial charges
+€52,803
Taxes
-€27,618
Result 2025
€713,291
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
+€2.7m
Investment
-€2.5m
Financing
-€36,296
Cash 2024
€901,463
From operations (derived)
+€2.7m
Net result for the year
+€713,291
Depreciation
+€2.3m
Receivables after one year
+€159,840
Stocks and contracts
-€77,155
Receivables within one year
-€173,935
Deferred charges and accrued income
-€162,008
Provisions
-€7,521
Trade debts
-€45,001
Tax, wage and social debts
+€257,973
Other debts
-€157,394
Accrued charges and deferred income
-€66,276
Investment (derived)
-€2.5m
Investment in fixed assets (net)
-€2.5m
Financing
-€36,296
Debts after one year
+€366,041
Current portion of long-term debt
+€179,603
Short-term financial debts
-€359,376
Contributions, distributions and other
-€222,564
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,493,824 | €16,152,600 | +€658,776 | +4.3% |
| Fixed assets | 21/28 | €11,432,936 | €11,647,218 | +€214,282 | +1.9% |
| Intangible fixed assets | 21 | - | €7,638 | +€7,638 | |
| Tangible fixed assets | 22/27 | €9,686,469 | €9,959,109 | +€272,640 | +2.8% |
| Land and buildings | 22 | €2,811,909 | €2,855,510 | +€43,602 | +1.6% |
| Plant, machinery and equipment | 23 | €144,924 | €149,549 | +€4,625 | +3.2% |
| Furniture and vehicles | 24 | €503,234 | €485,907 | -€17,328 | -3.4% |
| Leasing and similar rights | 25 | €6,219,213 | €6,434,993 | +€215,779 | +3.5% |
| Other tangible fixed assets | 26 | €7,189 | €33,151 | +€25,962 | +361% |
| Financial fixed assets | 28 | €1,746,467 | €1,680,472 | -€65,995 | -3.8% |
| Affiliated companies | 280/1 | €1,731,757 | €1,666,167 | -€65,590 | -3.8% |
| Participating interests | 280 | €829,973 | €829,973 | = | 0.0% |
| Amounts receivable | 281 | €901,784 | €836,194 | -€65,590 | -7.3% |
| Other financial fixed assets | 284/8 | €14,710 | €14,305 | -€405 | -2.8% |
| Amounts receivable and cash guarantees | 285/8 | €14,710 | €14,305 | -€405 | -2.8% |
| Current assets | 29/58 | €4,060,888 | €4,505,381 | +€444,494 | +10.9% |
| Amounts receivable after more than one year | 29 | €319,095 | €159,255 | -€159,840 | -50.1% |
| Other amounts receivable | 291 | €319,095 | €159,255 | -€159,840 | -50.1% |
| Stocks and contracts in progress | 3 | €90,440 | €167,595 | +€77,155 | +85.3% |
| Stocks | 30/36 | €90,440 | €167,595 | +€77,155 | +85.3% |
| Raw materials and consumables | 30/31 | €74,440 | €151,595 | +€77,155 | +104% |
| Goods purchased for resale | 34 | €16,000 | €16,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,576,790 | €2,750,724 | +€173,935 | +6.8% |
| Trade receivables | 40 | €2,535,118 | €2,669,138 | +€134,020 | +5.3% |
| Other amounts receivable | 41 | €41,672 | €81,586 | +€39,915 | +95.8% |
| Cash at bank and in hand | 54/58 | €901,463 | €1,092,699 | +€191,235 | +21.2% |
| Deferred charges and accrued income | 490/1 | €173,100 | €335,108 | +€162,008 | +93.6% |
| Total equity and liabilities | 10/49 | €15,493,824 | €16,152,600 | +€658,776 | +4.3% |
| Equity | 10/15 | €1,982,347 | €2,473,074 | +€490,728 | +24.8% |
| Contributions | 10/11 | €127,000 | €127,000 | = | 0.0% |
| Capital | 10 | €127,000 | €127,000 | = | 0.0% |
| Issued capital | 100 | €127,000 | €127,000 | = | 0.0% |
| Reserves | 13 | €987,699 | €1,243,548 | +€255,849 | +25.9% |
| Non-distributable reserves | 130/1 | €12,700 | €12,700 | = | 0.0% |
| Legal reserve | 130 | €12,700 | €12,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €949,132 | €1,204,981 | +€255,849 | +27.0% |
| Distributable reserves | 133 | €25,867 | €25,867 | = | 0.0% |
| Profit (loss) carried forward | 14 | €601,443 | €858,886 | +€257,442 | +42.8% |
| Investment grants | 15 | €266,204 | €243,640 | -€22,564 | -8.5% |
| Provisions and deferred taxes | 16 | €88,734 | €81,213 | -€7,521 | -8.5% |
| Deferred taxes | 168 | €88,734 | €81,213 | -€7,521 | -8.5% |
| Amounts payable | 17/49 | €13,422,743 | €13,598,312 | +€175,569 | +1.3% |
| Amounts payable after more than one year | 17 | €6,308,199 | €6,674,240 | +€366,041 | +5.8% |
| Financial debts | 170/4 | €6,300,699 | €6,266,740 | -€33,959 | -0.5% |
| Leasing and similar obligations | 172 | €3,608,924 | €3,697,241 | +€88,317 | +2.4% |
| Credit institutions | 173 | €2,691,775 | €2,569,499 | -€122,277 | -4.5% |
| Other amounts payable | 178/9 | €7,500 | €407,500 | +€400,000 | +5,333% |
| Amounts payable within one year | 42/48 | €7,036,694 | €6,912,498 | -€124,195 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €2,211,787 | €2,391,390 | +€179,603 | +8.1% |
| Financial debts | 43 | €1,911,707 | €1,552,331 | -€359,376 | -18.8% |
| Credit institutions | 430/8 | €1,911,707 | €1,552,331 | -€359,376 | -18.8% |
| Trade debts | 44 | €1,502,956 | €1,457,955 | -€45,001 | -3.0% |
| Suppliers | 440/4 | €1,502,956 | €1,457,955 | -€45,001 | -3.0% |
| Taxes, remuneration and social security | 45 | €1,209,614 | €1,467,587 | +€257,973 | +21.3% |
| Taxes | 450/3 | €271,966 | €299,512 | +€27,546 | +10.1% |
| Remuneration and social security | 454/9 | €937,648 | €1,168,075 | +€230,427 | +24.6% |
| Other amounts payable | 47/48 | €200,630 | €43,236 | -€157,394 | -78.5% |
| Accrued charges and deferred income | 492/3 | €77,850 | €11,574 | -€66,276 | -85.1% |
| Operating income | 70/76A | €19,031,538 | €19,454,329 | +€422,791 | +2.2% |
| Turnover | 70 | €18,308,662 | €18,835,038 | +€526,375 | +2.9% |
| Other operating income | 74 | €722,875 | €619,291 | -€103,584 | -14.3% |
| Operating charges | 60/66A | €17,823,505 | €18,313,138 | +€489,633 | +2.7% |
| Goods for resale, raw materials and consumables | 60 | €3,835,760 | €3,768,373 | -€67,387 | -1.8% |
| Purchases | 600/8 | €3,854,294 | €3,845,528 | -€8,766 | -0.2% |
| Change in stocks: decrease (increase) | 609 | -€18,534 | -€77,155 | -€58,621 | -316% |
| Services and other goods | 61 | €3,231,839 | €3,239,401 | +€7,561 | +0.2% |
| Remuneration, social security and pensions | 62 | €7,672,800 | €8,027,390 | +€354,590 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,174,288 | €2,257,131 | +€82,843 | +3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,462 | €6,890 | -€10,572 | -60.5% |
| Other operating charges | 640/8 | €891,356 | €1,013,954 | +€122,597 | +13.8% |
| Operating profit (loss) | 9901 | €1,208,033 | €1,141,191 | -€66,842 | -5.5% |
| Financial income | 75/76B | €111,753 | €156,092 | +€44,339 | +39.7% |
| Recurring financial income | 75 | €111,753 | €156,092 | +€44,339 | +39.7% |
| Income from financial fixed assets | 750 | €22,039 | €66,434 | +€44,395 | +201% |
| Income from current assets | 751 | €66,460 | €40,350 | -€26,110 | -39.3% |
| Other financial income | 752/9 | €23,254 | €49,308 | +€26,054 | +112% |
| Financial charges | 65/66B | €413,989 | €361,186 | -€52,803 | -12.8% |
| Recurring financial charges | 65 | €413,989 | €356,162 | -€57,826 | -14.0% |
| Debt charges | 650 | - | €317,292 | +€317,292 | |
| Other financial charges | 652/9 | €413,989 | €38,870 | -€375,118 | -90.6% |
| Non-recurring financial charges | 66B | - | €5,023 | +€5,023 | |
| Profit (loss) for the period before taxes | 9903 | €905,798 | €936,098 | +€30,301 | +3.3% |
| Transfer from deferred taxes | 780 | €7,521 | €7,521 | = | 0.0% |
| Income taxes | 67/77 | €202,710 | €230,328 | +€27,618 | +13.6% |
| Taxes | 670/3 | €202,710 | €230,328 | +€27,618 | +13.6% |
| Profit (loss) for the period | 9904 | €710,609 | €713,291 | +€2,682 | +0.4% |
| Transfer from tax-exempt reserves | 789 | €3,000 | - | -€3,000 | |
| Transfer to tax-exempt reserves | 689 | €493,922 | €255,849 | -€238,073 | -48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €219,687 | €457,442 | +€237,755 | +108% |
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 29 October 2026 via checked.be.