FLEET- SERVICES: 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- SERVICES
Largest movements
- Tangible fixed assets +€1.4m
up €1.4m (+100.8%), from €1.4m to €2.9m
of which Furniture and vehicles: +€1.1m
- Receivables within one year +€319,155
up €319,155 (+70.3%), from €453,984 to €773,138
of which Trade receivables: +€469,894
- Stocks and contracts +€112,705
up €112,705 (+11.8%), from €955,344 to €1.1m
- Debts after one year +€1.7m
up €1.7m (+140.4%), from €1.2m to €3.0m
of which Financial debts: +€1.6m
- Current portion of long-term debt +€274,172
up €274,172 (+133.3%), from €205,671 to €479,844
- Trade debts -€256,950
down €256,950 (-25.5%), from €1.0m to €751,536
- Profit (loss) carried forward +€54,890
up €54,890 (+45.4%), from €120,919 to €175,809
- Revaluation surpluses +€52,366
up €52,366 (+22.9%), from €228,960 to €281,326
- Turnover -€2.4m
no longer reported in 2025 (was €2.4m)
- Purchases and services -€1.9m
no longer reported in 2025 (was €1.9m)
- Gross operating margin +€296,185
up €296,185 (+50.6%), from €585,255 to €881,440
- Depreciation +€244,095
up €244,095 (+113.8%), from €214,515 to €458,610
- Financial charges +€46,231
up €46,231 (+37.3%), from €124,030 to €170,262
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 | €3,212,097 | €5,141,845 | +€1.9m | +60.1% |
| Fixed assets | 21/28 | €1,431,307 | €2,863,346 | +€1.4m | +100.1% |
| Tangible fixed assets | 22/27 | €1,420,557 | €2,852,596 | +€1.4m | +100.8% |
| Furniture and vehicles | 24 | €1,094,500 | €2,179,853 | +€1.1m | +99.2% |
| Leasing and similar rights | 25 | €190,500 | €327,859 | +€137,359 | +72.1% |
| Other tangible fixed assets | 26 | €135,557 | €344,884 | +€209,327 | +154.4% |
| Financial fixed assets | 28 | €10,750 | €10,750 | = | 0.0% |
| Current assets | 29/58 | €1,780,791 | €2,278,499 | +€497,709 | +27.9% |
| Stocks and contracts in progress | 3 | €955,344 | €1,068,049 | +€112,705 | +11.8% |
| Stocks | 30/36 | €955,344 | €1,068,049 | +€112,705 | +11.8% |
| Amounts receivable within one year | 40/41 | €453,984 | €773,138 | +€319,155 | +70.3% |
| Trade receivables | 40 | €285,370 | €755,264 | +€469,894 | +164.7% |
| Other amounts receivable | 41 | €168,614 | €17,874 | -€150,740 | -89.4% |
| Cash at bank and in hand | 54/58 | €202,263 | €231,538 | +€29,275 | +14.5% |
| Deferred charges and accrued income | 490/1 | €169,200 | €205,775 | +€36,574 | +21.6% |
| Total equity and liabilities | 10/49 | €3,212,097 | €5,141,845 | +€1.9m | +60.1% |
| Equity | 10/15 | €729,879 | €887,135 | +€157,256 | +21.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €228,960 | €281,326 | +€52,366 | +22.9% |
| Reserves | 13 | €280,000 | €330,000 | +€50,000 | +17.9% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €270,000 | €320,000 | +€50,000 | +18.5% |
| Profit (loss) carried forward | 14 | €120,919 | €175,809 | +€54,890 | +45.4% |
| Amounts payable | 17/49 | €2,482,218 | €4,254,710 | +€1.8m | +71.4% |
| Amounts payable after more than one year | 17 | €1,243,577 | €2,989,548 | +€1.7m | +140.4% |
| Financial debts | 170/4 | €1,065,458 | €2,689,548 | +€1.6m | +152.4% |
| Other amounts payable | 178/9 | €178,120 | €300,000 | +€121,880 | +68.4% |
| Amounts payable within one year | 42/48 | €1,238,641 | €1,265,162 | +€26,521 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €205,671 | €479,844 | +€274,172 | +133.3% |
| Financial debts | 43 | €13,333 | €13,481 | +€148 | +1.1% |
| Credit institutions | 430/8 | €13,333 | €13,481 | +€148 | +1.1% |
| Trade debts | 44 | €1,008,486 | €751,536 | -€256,950 | -25.5% |
| Suppliers | 440/4 | €1,008,486 | €751,536 | -€256,950 | -25.5% |
| Taxes, remuneration and social security | 45 | €11,150 | €20,301 | +€9,151 | +82.1% |
| Taxes | 450/3 | €3,184 | - | -€3,184 | |
| Remuneration and social security | 454/9 | €7,966 | €20,301 | +€12,335 | +154.8% |
| Turnover | 70 | €2,385,299 | - | -€2.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,913,190 | - | -€1.9m | |
| Remuneration, social security and pensions | 62 | €72,320 | €91,659 | +€19,339 | +26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214,515 | €458,610 | +€244,095 | +113.8% |
| Other operating charges | 640/8 | €26,785 | €30,073 | +€3,289 | +12.3% |
| Gross operating margin | 9900 | €585,255 | €881,440 | +€296,185 | +50.6% |
| Operating profit (loss) | 9901 | €271,635 | €301,098 | +€29,463 | +10.8% |
| Financial income | 75/76B | €1,567 | €6,018 | +€4,451 | +284.0% |
| Recurring financial income | 75 | €1,567 | €2,937 | +€1,370 | +87.4% |
| Non-recurring financial income | 76B | - | €3,081 | +€3,081 | |
| Financial charges | 65/66B | €124,030 | €170,262 | +€46,231 | +37.3% |
| Recurring financial charges | 65 | €124,030 | €170,262 | +€46,231 | +37.3% |
| Profit (loss) for the period before taxes | 9903 | €149,172 | €136,854 | -€12,318 | -8.3% |
| Income taxes | 67/77 | €37,709 | €31,964 | -€5,745 | -15.2% |
| Profit (loss) for the period | 9904 | €111,462 | €104,890 | -€6,573 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €111,462 | €104,890 | -€6,573 | -5.9% |
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 5 October 2026 via checked.be.