FLEET PARTNERS: what changed
Two fiscal 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.
FLEET PARTNERS
Largest movements
- Receivables within one year +€50,937
up €50,937 (+161.7%), from €31,503 to €82,440
of which Other amounts receivable: +€34,226
- Cash -€5,020
down €5,020 (-39.9%), from €12,595 to €7,575
mainly Receivables within one year (-€50,937) and Investment in fixed assets (net) (-€6,500)
- Tangible fixed assets +€2,580
up €2,580 (+26.2%), from €9,866 to €12,446
of which Furniture and vehicles: +€5,253
- Profit (loss) carried forward +€29,403
up €29,403 (+126.4%), from €23,257 to €52,660
- Trade debts +€14,118
up €14,118 (+76.6%), from €18,433 to €32,551
- Tax, wage and social debts +€2,968
up €2,968 (+16.7%), from €17,823 to €20,791
of which Taxes: +€7,883
- Contributions +€2,500
new in 2025: €2,500
- Turnover -€236,497
no longer reported in 2025 (was €236,497)
- Purchases and services -€179,511
no longer reported in 2025 (was €179,511)
- Gross operating margin +€11,324
up €11,324 (+19.9%), from €56,986 to €68,310
- Staff costs +€3,562
up €3,562 (+19.9%), from €17,882 to €21,444
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.
Cash bridge derived
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 | €59,514 | €108,502 | +€48,989 | +82.3% |
| Fixed assets | 21/28 | €15,416 | €17,996 | +€2,580 | +16.7% |
| Tangible fixed assets | 22/27 | €9,866 | €12,446 | +€2,580 | +26.2% |
| Plant, machinery and equipment | 23 | €9,866 | €7,193 | -€2,673 | -27.1% |
| Furniture and vehicles | 24 | - | €5,253 | +€5,253 | |
| Financial fixed assets | 28 | €5,550 | €5,550 | = | 0.0% |
| Current assets | 29/58 | €44,098 | €90,507 | +€46,409 | +105.2% |
| Amounts receivable within one year | 40/41 | €31,503 | €82,440 | +€50,937 | +161.7% |
| Trade receivables | 40 | €13,954 | €30,664 | +€16,710 | +119.8% |
| Other amounts receivable | 41 | €17,549 | €51,775 | +€34,226 | +195.0% |
| Cash at bank and in hand | 54/58 | €12,595 | €7,575 | -€5,020 | -39.9% |
| Deferred charges and accrued income | 490/1 | - | €492 | +€492 | |
| Total equity and liabilities | 10/49 | €59,514 | €108,502 | +€48,989 | +82.3% |
| Equity | 10/15 | €23,257 | €55,160 | +€31,903 | +137.2% |
| Contributions | 10/11 | - | €2,500 | +€2,500 | |
| Profit (loss) carried forward | 14 | €23,257 | €52,660 | +€29,403 | +126.4% |
| Amounts payable | 17/49 | €36,257 | €53,343 | +€17,086 | +47.1% |
| Amounts payable within one year | 42/48 | €36,257 | €53,343 | +€17,086 | +47.1% |
| Trade debts | 44 | €18,433 | €32,551 | +€14,118 | +76.6% |
| Suppliers | 440/4 | €18,433 | €32,551 | +€14,118 | +76.6% |
| Taxes, remuneration and social security | 45 | €17,823 | €20,791 | +€2,968 | +16.7% |
| Taxes | 450/3 | €12,908 | €20,791 | +€7,883 | +61.1% |
| Remuneration and social security | 454/9 | €4,915 | - | -€4,915 | |
| Turnover | 70 | €236,497 | - | -€236,497 | |
| Non-recurring operating income | 76A | - | €2,385 | +€2,385 | |
| Goods, raw materials, services and sundry goods | 60/61 | €179,511 | - | -€179,511 | |
| Remuneration, social security and pensions | 62 | €17,882 | €21,444 | +€3,562 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,673 | €3,920 | +€1,247 | +46.6% |
| Other operating charges | 640/8 | €1,757 | €755 | -€1,002 | -57.0% |
| Non-recurring operating charges | 66A | - | €5,330 | +€5,330 | |
| Gross operating margin | 9900 | €56,986 | €68,310 | +€11,324 | +19.9% |
| Operating profit (loss) | 9901 | €34,675 | €36,862 | +€2,187 | +6.3% |
| Financial income | 75/76B | €29 | €1,865 | +€1,836 | +6342.0% |
| Recurring financial income | 75 | €29 | €1,865 | +€1,836 | +6342.0% |
| Financial charges | 65/66B | €270 | €1,034 | +€764 | +283.4% |
| Recurring financial charges | 65 | €270 | €1,034 | +€764 | +283.4% |
| Profit (loss) for the period before taxes | 9903 | €34,434 | €37,693 | +€3,259 | +9.5% |
| Income taxes | 67/77 | €7,231 | €8,290 | +€1,060 | +14.7% |
| Profit (loss) for the period | 9904 | €27,203 | €29,403 | +€2,199 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,203 | €29,403 | +€2,199 | +8.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.