FleetCor Belgium: 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.
FleetCor Belgium
Largest movements
- Cash -€417,981
down €417,981 (-16.7%), from €2.5m to €2.1m
mainly Other debts (-€1.1m) and Accrued charges and deferred income (-€167,837)
- Intangible fixed assets -€291,191
down €291,191 (-21.3%), from €1.4m to €1.1m
- Receivables within one year -€182,419
down €182,419 (-2.7%), from €6.6m to €6.5m
of which Trade receivables: -€693,057
- Other debts -€1.1m
down €1.1m (-43.2%), from €2.5m to €1.4m
- Trade debts +€241,482
up €241,482 (+7.5%), from €3.2m to €3.4m
- Accrued charges and deferred income -€167,837
down €167,837 (-23.4%), from €716,076 to €548,239
- Tax, wage and social debts +€137,670
up €137,670 (+12.3%), from €1.1m to €1.3m
- Goods and materials -€4.5m
down €4.5m (-6.7%), from €66.7m to €62.3m
- Turnover -€3.9m
down €3.9m (-5.4%), from €71.4m to €67.5m
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,518,190 | €9,626,600 | -€891,591 | -8.5% |
| Fixed assets | 21/28 | €1,365,827 | €1,074,637 | -€291,191 | -21.3% |
| Intangible fixed assets | 21 | €1,365,827 | €1,074,637 | -€291,191 | -21.3% |
| Current assets | 29/58 | €9,152,363 | €8,551,963 | -€600,400 | -6.6% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €6,649,823 | €6,467,405 | -€182,419 | -2.7% |
| Trade receivables | 40 | €3,871,031 | €3,177,974 | -€693,057 | -17.9% |
| Other amounts receivable | 41 | €2,778,793 | €3,289,431 | +€510,638 | +18.4% |
| Cash at bank and in hand | 54/58 | €2,502,540 | €2,084,558 | -€417,981 | -16.7% |
| Total equity and liabilities | 10/49 | €10,518,190 | €9,626,600 | -€891,591 | -8.5% |
| Equity | 10/15 | €3,021,760 | €2,979,186 | -€42,574 | -1.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,850 | €1,850 | = | 0.0% |
| Distributable reserves | 133 | €1,850 | €1,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,007,510 | €2,964,936 | -€42,574 | -1.4% |
| Amounts payable | 17/49 | €7,496,431 | €6,647,414 | -€849,017 | -11.3% |
| Amounts payable within one year | 42/48 | €6,780,355 | €6,099,175 | -€681,180 | -10.0% |
| Trade debts | 44 | €3,205,423 | €3,446,905 | +€241,482 | +7.5% |
| Suppliers | 440/4 | €3,205,423 | €3,446,905 | +€241,482 | +7.5% |
| Taxes, remuneration and social security | 45 | €1,118,724 | €1,256,394 | +€137,670 | +12.3% |
| Taxes | 450/3 | €1,118,724 | €1,256,394 | +€137,670 | +12.3% |
| Other amounts payable | 47/48 | €2,456,208 | €1,395,877 | -€1.1m | -43.2% |
| Accrued charges and deferred income | 492/3 | €716,076 | €548,239 | -€167,837 | -23.4% |
| Operating income | 70/76A | €71,360,836 | €67,524,457 | -€3.8m | -5.4% |
| Turnover | 70 | €71,352,548 | €67,482,373 | -€3.9m | -5.4% |
| Other operating income | 74 | €8,288 | €42,084 | +€33,797 | +408% |
| Operating charges | 60/66A | €71,302,075 | €67,461,116 | -€3.8m | -5.4% |
| Goods for resale, raw materials and consumables | 60 | €66,742,591 | €62,270,813 | -€4.5m | -6.7% |
| Purchases | 600/8 | €66,742,591 | €62,270,813 | -€4.5m | -6.7% |
| Services and other goods | 61 | €4,026,638 | €4,710,944 | +€684,306 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €291,191 | €291,191 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €214,167 | €186,382 | -€27,784 | -13.0% |
| Other operating charges | 640/8 | €26,992 | €535 | -€26,457 | -98.0% |
| Non-recurring operating charges | 66A | €498 | €1,250 | +€753 | +151% |
| Operating profit (loss) | 9901 | €58,761 | €63,341 | +€4,580 | +7.8% |
| Financial income | 75/76B | €73,688 | €27,713 | -€45,975 | -62.4% |
| Recurring financial income | 75 | €73,688 | €27,713 | -€45,975 | -62.4% |
| Income from current assets | 751 | €73,688 | €27,713 | -€45,975 | -62.4% |
| Financial charges | 65/66B | €18,242 | €6,597 | -€11,645 | -63.8% |
| Recurring financial charges | 65 | €18,242 | €6,597 | -€11,645 | -63.8% |
| Debt charges | 650 | €0 | - | = | |
| Other financial charges | 652/9 | €18,242 | €6,597 | -€11,645 | -63.8% |
| Profit (loss) for the period before taxes | 9903 | €114,207 | €84,458 | -€29,750 | -26.0% |
| Income taxes | 67/77 | €28,552 | €127,032 | +€98,480 | +345% |
| Taxes | 670/3 | €28,552 | €127,032 | +€98,480 | +345% |
| Profit (loss) for the period | 9904 | €85,656 | -€42,574 | -€128,229 | |
| Profit (loss) for the period to be appropriated | 9905 | €85,656 | -€42,574 | -€128,229 |
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 27 October 2026 via checked.be.