Express Belgian Railways: what changed
Express Belgian Railways
Largest movements
- Receivables within one year +€163,458
up €163,458 (+36.7%), from €445,227 to €608,685
- Other debts +€958,369
up €958,369 (+14.1%), from €6.8m to €7.8m
- Profit (loss) carried forward -€528,627
down €528,627 (-7.9%), from -€6.7m to -€7.2m
- Trade debts -€138,747
down €138,747 (-88.5%), from €156,830 to €18,082
- Accrued charges and deferred income -€127,537
down €127,537 (-82.4%), from €154,869 to €27,332
- Turnover -€498,881
down €498,881 (-75.1%), from €664,669 to €165,788
- Purchases and services -€351,745
down €351,745 (-29.7%), from €1.2m to €832,313
- Gross operating margin -€265,484
down €265,484 (-101%), from -€262,311 to -€527,795
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €448,027 | €611,485 | +€163,458 | +36.5% |
| Fixed assets | 21/28 | €2,800 | €2,800 | = | 0.0% |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €445,227 | €608,685 | +€163,458 | +36.7% |
| Amounts receivable within one year | 40/41 | €445,227 | €608,685 | +€163,458 | +36.7% |
| Other amounts receivable | 41 | €445,227 | €608,685 | +€163,458 | +36.7% |
| Total equity and liabilities | 10/49 | €448,027 | €611,485 | +€163,458 | +36.5% |
| Equity | 10/15 | -€6,668,294 | -€7,196,920 | -€528,627 | -7.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,686,844 | -€7,215,470 | -€528,627 | -7.9% |
| Amounts payable | 17/49 | €7,116,321 | €7,808,405 | +€692,085 | +9.7% |
| Amounts payable within one year | 42/48 | €6,961,452 | €7,781,073 | +€819,622 | +11.8% |
| Trade debts | 44 | €156,830 | €18,082 | -€138,747 | -88.5% |
| Suppliers | 440/4 | €156,830 | €18,082 | -€138,747 | -88.5% |
| Other amounts payable | 47/48 | €6,804,622 | €7,762,991 | +€958,369 | +14.1% |
| Accrued charges and deferred income | 492/3 | €154,869 | €27,332 | -€127,537 | -82.4% |
| Turnover | 70 | €664,669 | €165,788 | -€498,881 | -75.1% |
| Non-recurring operating income | 76A | €257,079 | €138,730 | -€118,348 | -46.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,184,058 | €832,313 | -€351,745 | -29.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €424 | +€424 | |
| Other operating charges | 640/8 | €332 | - | -€332 | |
| Gross operating margin | 9900 | -€262,311 | -€527,795 | -€265,484 | -101% |
| Operating profit (loss) | 9901 | -€262,643 | -€528,219 | -€265,577 | -101% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €111 | €430 | +€319 | +288% |
| Recurring financial charges | 65 | €111 | €430 | +€319 | +288% |
| Profit (loss) for the period before taxes | 9903 | -€262,754 | -€528,627 | -€265,873 | -101% |
| Profit (loss) for the period | 9904 | -€262,754 | -€528,627 | -€265,873 | -101% |
| Profit (loss) for the period to be appropriated | 9905 | -€262,754 | -€528,627 | -€265,873 | -101% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.