EUROPE CARGO: what changed
What changed
EUROPE CARGO
NACE 52.249, Warehousing and support activities for transportation
filed annual accounts (NBB)
Net result for the year
€341,537
2024 · €442,134-€100,597
Equity
€7.4m
2024 · €7.0m+€341,537
Cash
€2.2m
2024 · €1.5m+€729,333
Balance sheet total
€11.2m
2024 · €10.6m+€555,941
Largest movements
Assets
- Cash +€729,333
up €729,333 (+48.0%), from €1.5m to €2.2m
mainly Net result for the year (+€341,537) and Advances received (+€311,028)
Equity and liabilities
- Profit (loss) carried forward +€341,537
up €341,537 (+4.9%), from €6.9m to €7.3m
- Advances received +€311,028
new in 2025: €311,028
Income statement
- Turnover +€8.0m
up €8.0m (+35.2%), from €22.9m to €30.9m
- Goods and materials +€7.4m
up €7.4m (+36.5%), from €20.4m to €27.8m
- Financial income -€448,019
down €448,019 (-62.0%), from €722,547 to €274,528
Change in the result, 2024 to 2025
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 2024
€442,134
Turnover
+€8.0m
Other operating income
+€41,899
Goods and materials
-€7.4m
Services and other goods
+€59,727
Staff costs
-€55,664
Depreciation
+€2,626
Write-downs
-€37,608
Provisions
-€240,826
Other operating charges
-€616
Other operating items
-€31,419
Financial income
-€448,019
Financial charges
-€26,286
Taxes
+€29,009
Result 2025
€341,537
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€794,493
Investment
-€65,160
Financing
€0
Cash 2024
€1.5m
From operations (derived)
+€794,493
Net result for the year
+€341,537
Depreciation
+€60,099
Receivables after one year
+€57,670
Receivables within one year
+€85,939
Deferred charges and accrued income
+€34,845
Trade debts
-€82,408
Tax, wage and social debts
+€16,653
Advances received
+€311,028
Other debts
+€9,620
Accrued charges and deferred income
-€40,488
Investment (derived)
-€65,160
Investment in fixed assets (net)
-€30,917
Current investments
-€34,244
Cash 2025
€2.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,631,459 | €11,187,400 | +€555,941 | +5.2% |
| Fixed assets | 21/28 | €127,093 | €97,911 | -€29,182 | -23.0% |
| Intangible fixed assets | 21 | €14,923 | €0 | -€14,923 | -100% |
| Tangible fixed assets | 22/27 | €112,170 | €97,911 | -€14,259 | -12.7% |
| Plant, machinery and equipment | 23 | €9,962 | €10,486 | +€525 | +5.3% |
| Furniture and vehicles | 24 | €102,209 | €87,425 | -€14,784 | -14.5% |
| Current assets | 29/58 | €10,504,366 | €11,089,489 | +€585,123 | +5.6% |
| Amounts receivable after more than one year | 29 | €1,307,670 | €1,250,000 | -€57,670 | -4.4% |
| Other amounts receivable | 291 | €1,307,670 | €1,250,000 | -€57,670 | -4.4% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €3,703,449 | €3,617,510 | -€85,939 | -2.3% |
| Trade receivables | 40 | €3,465,401 | €3,338,447 | -€126,954 | -3.7% |
| Other amounts receivable | 41 | €238,048 | €279,063 | +€41,015 | +17.2% |
| Current investments | 50/53 | €3,919,896 | €3,954,140 | +€34,244 | +0.9% |
| Other investments | 51/53 | €3,919,896 | €3,954,140 | +€34,244 | +0.9% |
| Cash at bank and in hand | 54/58 | €1,520,571 | €2,249,904 | +€729,333 | +48.0% |
| Deferred charges and accrued income | 490/1 | €52,780 | €17,936 | -€34,845 | -66.0% |
| Total equity and liabilities | 10/49 | €10,631,459 | €11,187,400 | +€555,941 | +5.2% |
| Equity | 10/15 | €7,014,104 | €7,355,640 | +€341,537 | +4.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €65,000 | €65,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,929,104 | €7,270,640 | +€341,537 | +4.9% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €3,617,355 | €3,831,760 | +€214,405 | +5.9% |
| Amounts payable within one year | 42/48 | €3,573,434 | €3,828,326 | +€254,892 | +7.1% |
| Trade debts | 44 | €3,426,868 | €3,344,460 | -€82,408 | -2.4% |
| Suppliers | 440/4 | €3,426,868 | €3,344,460 | -€82,408 | -2.4% |
| Advances received on contracts in progress | 46 | - | €311,028 | +€311,028 | |
| Taxes, remuneration and social security | 45 | €134,684 | €151,338 | +€16,653 | +12.4% |
| Taxes | 450/3 | €27,323 | €31,108 | +€3,785 | +13.9% |
| Remuneration and social security | 454/9 | €107,362 | €120,230 | +€12,868 | +12.0% |
| Other amounts payable | 47/48 | €11,881 | €21,501 | +€9,620 | +81.0% |
| Accrued charges and deferred income | 492/3 | €43,922 | €3,434 | -€40,488 | -92.2% |
| Operating income | 70/76A | €22,883,332 | €30,972,361 | +€8.1m | +35.3% |
| Turnover | 70 | €22,871,553 | €30,920,080 | +€8.0m | +35.2% |
| Other operating income | 74 | €10,263 | €52,162 | +€41,899 | +408% |
| Non-recurring operating income | 76A | €1,516 | €119 | -€1,397 | -92.1% |
| Operating charges | 60/66A | €22,662,470 | €30,406,801 | +€7.7m | +34.2% |
| Goods for resale, raw materials and consumables | 60 | €20,393,803 | €27,835,750 | +€7.4m | +36.5% |
| Purchases | 600/8 | €20,393,803 | €27,835,750 | +€7.4m | +36.5% |
| Services and other goods | 61 | €1,612,637 | €1,552,911 | -€59,727 | -3.7% |
| Remuneration, social security and pensions | 62 | €819,629 | €875,292 | +€55,664 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,725 | €60,099 | -€2,626 | -4.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €37,608 | +€37,608 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€240,826 | €0 | +€240,826 | |
| Other operating charges | 640/8 | €3,303 | €3,920 | +€616 | +18.7% |
| Non-recurring operating charges | 66A | €11,200 | €41,222 | +€30,022 | +268% |
| Operating profit (loss) | 9901 | €220,861 | €565,560 | +€344,699 | +156% |
| Financial income | 75/76B | €722,547 | €274,528 | -€448,019 | -62.0% |
| Recurring financial income | 75 | €722,547 | €274,528 | -€448,019 | -62.0% |
| Income from current assets | 751 | €103,991 | €104,654 | +€663 | +0.6% |
| Other financial income | 752/9 | €618,556 | €169,875 | -€448,681 | -72.5% |
| Financial charges | 65/66B | €320,809 | €347,095 | +€26,286 | +8.2% |
| Recurring financial charges | 65 | €320,809 | €347,095 | +€26,286 | +8.2% |
| Debt charges | 650 | €2,194 | €1,651 | -€543 | -24.7% |
| Other financial charges | 652/9 | €318,615 | €345,444 | +€26,829 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €622,599 | €492,993 | -€129,606 | -20.8% |
| Income taxes | 67/77 | €180,466 | €151,457 | -€29,009 | -16.1% |
| Taxes | 670/3 | €180,466 | €151,457 | -€29,009 | -16.1% |
| Profit (loss) for the period | 9904 | €442,134 | €341,537 | -€100,597 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €442,134 | €341,537 | -€100,597 | -22.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.