Forwarding Team: 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.
Forwarding Team
Largest movements
- Tangible fixed assets -€4,699
down €4,699 (-29.2%), from €16,074 to €11,376
of which Plant, machinery and equipment: -€5,793
- Receivables after one year -€4,666
down €4,666 (-47.3%), from €9,867 to €5,201
- Deferred charges and accrued income -€2,362
no longer reported in 2024 (was €2,362)
- Stocks and contracts -€1,152
down €1,152 (-35.3%), from €3,259 to €2,107
- Financial fixed assets +€600
new in 2024: €600
- Accrued charges and deferred income -€6,386
no longer reported in 2024 (was €6,386)
- Tax, wage and social debts -€4,872
down €4,872 (-66.0%), from €7,386 to €2,514
- Trade debts -€3,746
down €3,746 (-36.9%), from €10,163 to €6,416
- Reserves +€2,520
up €2,520 (+14.3%), from €17,583 to €20,104
- Gross operating margin +€5,981
up €5,981 (+55.5%), from €10,777 to €16,758
- Taxes +€1,675
up €1,675 (+200%), from €839 to €2,514
- Staff costs +€1,015
up €1,015 (+121%), from €842 to €1,857
- Depreciation +€801
up €801 (+11.1%), from €7,212 to €8,012
- Other operating charges +€550
up €550 (+45.2%), from €1,215 to €1,765
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 | €52,433 | €39,949 | -€12,484 | -23.8% |
| Fixed assets | 21/28 | €17,572 | €13,074 | -€4,499 | -25.6% |
| Intangible fixed assets | 21 | €1,498 | €1,098 | -€400 | -26.7% |
| Tangible fixed assets | 22/27 | €16,074 | €11,376 | -€4,699 | -29.2% |
| Plant, machinery and equipment | 23 | €13,232 | €7,439 | -€5,793 | -43.8% |
| Furniture and vehicles | 24 | €2,842 | €3,936 | +€1,094 | +38.5% |
| Financial fixed assets | 28 | - | €600 | +€600 | |
| Current assets | 29/58 | €34,861 | €26,875 | -€7,986 | -22.9% |
| Amounts receivable after more than one year | 29 | €9,867 | €5,201 | -€4,666 | -47.3% |
| Other amounts receivable | 291 | €9,867 | €5,201 | -€4,666 | -47.3% |
| Stocks and contracts in progress | 3 | €3,259 | €2,107 | -€1,152 | -35.3% |
| Stocks | 30/36 | €3,259 | €2,107 | -€1,152 | -35.3% |
| Amounts receivable within one year | 40/41 | €17,950 | €17,814 | -€136 | -0.8% |
| Trade receivables | 40 | €14,486 | €13,964 | -€522 | -3.6% |
| Other amounts receivable | 41 | €3,464 | €3,850 | +€386 | +11.1% |
| Cash at bank and in hand | 54/58 | €1,423 | €1,753 | +€330 | +23.2% |
| Deferred charges and accrued income | 490/1 | €2,362 | - | -€2,362 | |
| Total equity and liabilities | 10/49 | €52,433 | €39,949 | -€12,484 | -23.8% |
| Equity | 10/15 | €20,086 | €22,606 | +€2,520 | +12.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €17,583 | €20,104 | +€2,520 | +14.3% |
| Distributable reserves | 133 | €17,583 | €20,104 | +€2,520 | +14.3% |
| Profit (loss) carried forward | 14 | €503 | €503 | = | 0.0% |
| Amounts payable | 17/49 | €32,347 | €17,342 | -€15,004 | -46.4% |
| Amounts payable within one year | 42/48 | €25,961 | €17,342 | -€8,618 | -33.2% |
| Trade debts | 44 | €10,163 | €6,416 | -€3,746 | -36.9% |
| Suppliers | 440/4 | €10,163 | €6,416 | -€3,746 | -36.9% |
| Taxes, remuneration and social security | 45 | €7,386 | €2,514 | -€4,872 | -66.0% |
| Taxes | 450/3 | €7,386 | €2,514 | -€4,872 | -66.0% |
| Other amounts payable | 47/48 | €8,412 | €8,412 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,386 | - | -€6,386 | |
| Remuneration, social security and pensions | 62 | €842 | €1,857 | +€1,015 | +121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,212 | €8,012 | +€801 | +11.1% |
| Other operating charges | 640/8 | €1,215 | €1,765 | +€550 | +45.2% |
| Gross operating margin | 9900 | €10,777 | €16,758 | +€5,981 | +55.5% |
| Operating profit (loss) | 9901 | €1,508 | €5,125 | +€3,616 | +240% |
| Financial income | 75/76B | €515 | €552 | +€37 | +7.1% |
| Recurring financial income | 75 | €515 | €552 | +€37 | +7.1% |
| Financial charges | 65/66B | €681 | €642 | -€40 | -5.8% |
| Recurring financial charges | 65 | €681 | €642 | -€40 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €1,342 | €5,035 | +€3,693 | +275% |
| Income taxes | 67/77 | €839 | €2,514 | +€1,675 | +200% |
| Profit (loss) for the period | 9904 | €503 | €2,520 | +€2,017 | +401% |
| Profit (loss) for the period to be appropriated | 9905 | €503 | €2,520 | +€2,017 | +401% |
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 24 October 2026 via checked.be.