FREIGHT EXPRESS: 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.
FREIGHT EXPRESS
Largest movements
- Cash +€2,867
up €2,867 (+532.7%), from €538 to €3,406
mainly Other debts (+€8,098) and Receivables within one year (+€2,378)
- Receivables within one year -€2,378
down €2,378 (-23.2%), from €10,249 to €7,871
of which Trade receivables: -€1,727
- Tangible fixed assets -€1,111
down €1,111 (-69.0%), from €1,610 to €499
of which Furniture and vehicles: -€974
- Other debts +€8,098
up €8,098 (+41.3%), from €19,619 to €27,717
- Profit (loss) carried forward -€7,557
down €7,557 (-78.7%), from -€9,602 to -€17,160
- Trade debts -€676
down €676 (-48.2%), from €1,403 to €727
- Accrued charges and deferred income -€674
no longer reported in 2025 (was €674)
- Gross operating margin +€3,645
up €3,645 (+44.5%), from -€8,184 to -€4,540
- Financial charges +€1,204
up €1,204 (+966.5%), from €125 to €1,329
- Other operating charges -€190
down €190 (-24.6%), from €774 to €584
- Depreciation -€82
down €82 (-6.9%), from €1,193 to €1,111
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 | €32,545 | €31,736 | -€809 | -2.5% |
| Fixed assets | 21/28 | €19,991 | €18,881 | -€1,111 | -5.6% |
| Tangible fixed assets | 22/27 | €1,610 | €499 | -€1,111 | -69.0% |
| Plant, machinery and equipment | 23 | €137 | - | -€137 | |
| Furniture and vehicles | 24 | €1,473 | €499 | -€974 | -66.1% |
| Financial fixed assets | 28 | €18,382 | €18,382 | = | 0.0% |
| Current assets | 29/58 | €12,554 | €12,855 | +€301 | +2.4% |
| Amounts receivable within one year | 40/41 | €10,249 | €7,871 | -€2,378 | -23.2% |
| Trade receivables | 40 | €8,928 | €7,201 | -€1,727 | -19.3% |
| Other amounts receivable | 41 | €1,320 | €669 | -€651 | -49.3% |
| Cash at bank and in hand | 54/58 | €538 | €3,406 | +€2,867 | +532.7% |
| Deferred charges and accrued income | 490/1 | €1,767 | €1,579 | -€188 | -10.7% |
| Total equity and liabilities | 10/49 | €32,545 | €31,736 | -€809 | -2.5% |
| Equity | 10/15 | €10,849 | €3,292 | -€7,557 | -69.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,602 | -€17,160 | -€7,557 | -78.7% |
| Amounts payable | 17/49 | €21,697 | €28,444 | +€6,748 | +31.1% |
| Amounts payable within one year | 42/48 | €21,023 | €28,444 | +€7,422 | +35.3% |
| Trade debts | 44 | €1,403 | €727 | -€676 | -48.2% |
| Suppliers | 440/4 | €1,403 | €727 | -€676 | -48.2% |
| Other amounts payable | 47/48 | €19,619 | €27,717 | +€8,098 | +41.3% |
| Accrued charges and deferred income | 492/3 | €674 | - | -€674 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,193 | €1,111 | -€82 | -6.9% |
| Other operating charges | 640/8 | €774 | €584 | -€190 | -24.6% |
| Gross operating margin | 9900 | -€8,184 | -€4,540 | +€3,645 | +44.5% |
| Operating profit (loss) | 9901 | -€10,151 | -€6,234 | +€3,917 | +38.6% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €125 | €1,329 | +€1,204 | +966.5% |
| Recurring financial charges | 65 | €125 | €1,329 | +€1,204 | +966.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,275 | -€7,557 | +€2,718 | +26.5% |
| Profit (loss) for the period | 9904 | -€10,275 | -€7,557 | +€2,718 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,275 | -€7,557 | +€2,718 | +26.5% |
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 29 September 2026 via checked.be.