FLEETEXPERT: 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.
FLEETEXPERT
Largest movements
- Receivables within one year -€147,833
down €147,833 (-16.5%), from €895,102 to €747,270
of which Other amounts receivable: -€87,021
- Cash +€75,871
up €75,871 (+21.5%), from €352,322 to €428,193
mainly Receivables within one year (+€147,833) and Net result for the year (+€107,068)
- Tangible fixed assets -€14,417
down €14,417 (-52.2%), from €27,633 to €13,216
- Trade debts -€165,691
down €165,691 (-88.1%), from €187,986 to €22,294
- Reserves +€107,068
up €107,068 (+12.2%), from €875,218 to €982,286
of which Distributable reserves: +€107,068
- Current portion of long-term debt -€39,680
down €39,680 (-100%), from €39,680 to €0
- Short-term financial debts +€24,681
new in 2024: €24,681
- Tax, wage and social debts -€12,757
down €12,757 (-14.5%), from €88,174 to €75,417
of which Taxes: -€31,881
- Turnover +€670,731
new in 2024: €670,731
- Staff costs +€184,862
up €184,862 (+68.7%), from €268,996 to €453,858
- Purchases and services +€170,810
new in 2024: €170,810
- Gross operating margin +€74,346
up €74,346 (+9.4%), from €789,182 to €863,528
- Other operating charges -€36,345
down €36,345 (-14.3%), from €253,783 to €217,438
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,275,058 | €1,188,679 | -€86,379 | -6.8% |
| Fixed assets | 21/28 | €27,633 | €13,216 | -€14,417 | -52.2% |
| Tangible fixed assets | 22/27 | €27,633 | €13,216 | -€14,417 | -52.2% |
| Furniture and vehicles | 24 | €27,633 | €13,216 | -€14,417 | -52.2% |
| Current assets | 29/58 | €1,247,425 | €1,175,463 | -€71,962 | -5.8% |
| Amounts receivable within one year | 40/41 | €895,102 | €747,270 | -€147,833 | -16.5% |
| Trade receivables | 40 | €166,158 | €105,346 | -€60,812 | -36.6% |
| Other amounts receivable | 41 | €728,945 | €641,924 | -€87,021 | -11.9% |
| Cash at bank and in hand | 54/58 | €352,322 | €428,193 | +€75,871 | +21.5% |
| Total equity and liabilities | 10/49 | €1,275,058 | €1,188,679 | -€86,379 | -6.8% |
| Equity | 10/15 | €959,218 | €1,066,286 | +€107,068 | +11.2% |
| Contributions | 10/11 | €84,000 | €84,000 | = | 0.0% |
| Capital | 10 | €84,000 | €84,000 | = | 0.0% |
| Issued capital | 100 | €84,000 | €84,000 | = | 0.0% |
| Reserves | 13 | €875,218 | €982,286 | +€107,068 | +12.2% |
| Non-distributable reserves | 130/1 | €8,400 | €8,400 | = | 0.0% |
| Legal reserve | 130 | €8,400 | €8,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,815 | €14,815 | = | 0.0% |
| Distributable reserves | 133 | €852,003 | €959,071 | +€107,068 | +12.6% |
| Amounts payable | 17/49 | €315,840 | €122,393 | -€193,447 | -61.2% |
| Amounts payable within one year | 42/48 | €315,840 | €122,393 | -€193,447 | -61.2% |
| Current portion of amounts payable after more than one year | 42 | €39,680 | €0 | -€39,680 | -100% |
| Financial debts | 43 | - | €24,681 | +€24,681 | |
| Credit institutions | 430/8 | - | €24,681 | +€24,681 | |
| Trade debts | 44 | €187,986 | €22,294 | -€165,691 | -88.1% |
| Suppliers | 440/4 | €187,986 | €22,294 | -€165,691 | -88.1% |
| Taxes, remuneration and social security | 45 | €88,174 | €75,417 | -€12,757 | -14.5% |
| Taxes | 450/3 | €41,376 | €9,496 | -€31,881 | -77.1% |
| Remuneration and social security | 454/9 | €46,798 | €65,922 | +€19,124 | +40.9% |
| Turnover | 70 | - | €670,731 | +€670,731 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €170,810 | +€170,810 | |
| Remuneration, social security and pensions | 62 | €268,996 | €453,858 | +€184,862 | +68.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,853 | €14,417 | -€2,436 | -14.5% |
| Other operating charges | 640/8 | €253,783 | €217,438 | -€36,345 | -14.3% |
| Gross operating margin | 9900 | €789,182 | €863,528 | +€74,346 | +9.4% |
| Operating profit (loss) | 9901 | €249,549 | €177,815 | -€71,735 | -28.7% |
| Financial income | 75/76B | €20 | €0 | -€20 | -100% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100% |
| Financial charges | 65/66B | €1,543 | €1,725 | +€182 | +11.8% |
| Recurring financial charges | 65 | €1,543 | €1,725 | +€182 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €248,027 | €176,090 | -€71,937 | -29.0% |
| Income taxes | 67/77 | €74,885 | €69,022 | -€5,863 | -7.8% |
| Profit (loss) for the period | 9904 | €173,142 | €107,068 | -€66,074 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €173,142 | €107,068 | -€66,074 | -38.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.