Het Spoor Services: 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.
Het Spoor Services
Largest movements
- Receivables within one year +€40,909
up €40,909 (+2,615%), from €1,564 to €42,474
of which Trade receivables: +€40,884
- Tangible fixed assets -€40,117
down €40,117 (-15.8%), from €254,034 to €213,917
of which Furniture and vehicles: -€39,872
- Stocks and contracts -€16,220
down €16,220 (-23.4%), from €69,382 to €53,163
- Cash +€12,966
up €12,966 (+26.6%), from €48,790 to €61,756
- Deferred charges and accrued income -€5,087
down €5,087 (-76.5%), from €6,652 to €1,565
- Debts after one year -€20,794
down €20,794 (-47.8%), from €43,533 to €22,739
- Tax, wage and social debts +€18,718
up €18,718 (+121%), from €15,428 to €34,147
of which Taxes: +€27,032
- Current portion of long-term debt -€18,149
down €18,149 (-68.7%), from €26,415 to €8,266
- Reserves +€15,074
up €15,074 (+58.1%), from €25,947 to €41,022
- Gross operating margin -€95,909
down €95,909 (-60.0%), from €159,931 to €64,022
- Staff costs -€66,122
down €66,122 (-69.6%), from €94,935 to €28,813
- Depreciation -€53,378
down €53,378 (-84.0%), from €63,518 to €10,140
- Financial charges -€2,462
down €2,462 (-77.8%), from €3,165 to €703
- Other operating charges -€1,820
down €1,820 (-82.2%), from €2,214 to €394
From the 30-06-2024 result to the 30-09-2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 30-06-2024 | 30-09-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €410,447 | €401,648 | -€8,798 | -2.1% |
| Fixed assets | 21/28 | €284,058 | €242,691 | -€41,367 | -14.6% |
| Intangible fixed assets | 21 | €30,024 | €28,774 | -€1,250 | -4.2% |
| Tangible fixed assets | 22/27 | €254,034 | €213,917 | -€40,117 | -15.8% |
| Plant, machinery and equipment | 23 | €58,416 | €54,899 | -€3,517 | -6.0% |
| Furniture and vehicles | 24 | €87,268 | €47,396 | -€39,872 | -45.7% |
| Leasing and similar rights | 25 | €12,224 | €11,818 | -€407 | -3.3% |
| Other tangible fixed assets | 26 | €96,125 | €99,804 | +€3,679 | +3.8% |
| Current assets | 29/58 | €126,389 | €158,957 | +€32,568 | +25.8% |
| Stocks and contracts in progress | 3 | €69,382 | €53,163 | -€16,220 | -23.4% |
| Stocks | 30/36 | €69,382 | €53,163 | -€16,220 | -23.4% |
| Amounts receivable within one year | 40/41 | €1,564 | €42,474 | +€40,909 | +2,615% |
| Trade receivables | 40 | €1,350 | €42,235 | +€40,884 | +3,028% |
| Other amounts receivable | 41 | €214 | €239 | +€25 | +11.7% |
| Cash at bank and in hand | 54/58 | €48,790 | €61,756 | +€12,966 | +26.6% |
| Deferred charges and accrued income | 490/1 | €6,652 | €1,565 | -€5,087 | -76.5% |
| Total equity and liabilities | 10/49 | €410,447 | €401,648 | -€8,798 | -2.1% |
| Equity | 10/15 | €26,947 | €42,022 | +€15,074 | +55.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €25,947 | €41,022 | +€15,074 | +58.1% |
| Distributable reserves | 133 | €25,947 | €41,022 | +€15,074 | +58.1% |
| Amounts payable | 17/49 | €383,500 | €359,627 | -€23,873 | -6.2% |
| Amounts payable after more than one year | 17 | €43,533 | €22,739 | -€20,794 | -47.8% |
| Financial debts | 170/4 | €43,533 | €22,739 | -€20,794 | -47.8% |
| Amounts payable within one year | 42/48 | €339,948 | €336,888 | -€3,060 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €26,415 | €8,266 | -€18,149 | -68.7% |
| Trade debts | 44 | €36,088 | €35,110 | -€978 | -2.7% |
| Suppliers | 440/4 | €36,088 | €35,110 | -€978 | -2.7% |
| Taxes, remuneration and social security | 45 | €15,428 | €34,147 | +€18,718 | +121% |
| Taxes | 450/3 | €7,115 | €34,147 | +€27,032 | +380% |
| Remuneration and social security | 454/9 | €8,314 | - | -€8,314 | |
| Other amounts payable | 47/48 | €262,017 | €259,365 | -€2,651 | -1.0% |
| Accrued charges and deferred income | 492/3 | €19 | - | -€19 | |
| Non-recurring operating income | 76A | - | €28,381 | +€28,381 | |
| Remuneration, social security and pensions | 62 | €94,935 | €28,813 | -€66,122 | -69.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,518 | €10,140 | -€53,378 | -84.0% |
| Other operating charges | 640/8 | €2,214 | €394 | -€1,820 | -82.2% |
| Non-recurring operating charges | 66A | - | €6,550 | +€6,550 | |
| Gross operating margin | 9900 | €159,931 | €64,022 | -€95,909 | -60.0% |
| Operating profit (loss) | 9901 | -€736 | €18,125 | +€18,860 | |
| Financial income | 75/76B | €46 | €11 | -€36 | -76.8% |
| Recurring financial income | 75 | €46 | €11 | -€36 | -76.8% |
| Financial charges | 65/66B | €3,165 | €703 | -€2,462 | -77.8% |
| Recurring financial charges | 65 | €3,165 | €703 | -€2,462 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,854 | €17,433 | +€21,287 | |
| Income taxes | 67/77 | €3,577 | €2,358 | -€1,218 | -34.1% |
| Profit (loss) for the period | 9904 | -€7,431 | €15,074 | +€22,505 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,431 | €15,074 | +€22,505 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.