HTransport: 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.
HTransport
Largest movements
- Receivables after one year -€108,202
no longer reported in 2024 (was €108,202)
- Cash +€85,073
up €85,073 (+262%), from €32,517 to €117,590
mainly Receivables after one year (+€108,202) and Net result for the year (+€50,817)
- Receivables within one year +€71,909
up €71,909 (+54.0%), from €133,202 to €205,111
of which Other amounts receivable: +€132,950
- Tangible fixed assets -€27,387
down €27,387 (-27.6%), from €99,384 to €71,998
- Reserves +€50,817
up €50,817 (+30.1%), from €168,919 to €219,736
of which Distributable reserves: +€50,817
- Debts after one year -€34,238
down €34,238 (-50.2%), from €68,138 to €33,901
- Tax, wage and social debts +€15,705
up €15,705 (+21.3%), from €73,866 to €89,571
of which Taxes: +€15,822
- Trade debts -€9,008
down €9,008 (-61.2%), from €14,714 to €5,706
- Gross operating margin -€56,059
down €56,059 (-22.6%), from €247,742 to €191,684
- Staff costs -€47,068
down €47,068 (-37.2%), from €126,390 to €79,323
- Depreciation -€6,282
down €6,282 (-18.7%), from €33,669 to €27,387
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 | €385,011 | €406,588 | +€21,576 | +5.6% |
| Fixed assets | 21/28 | €108,559 | €81,173 | -€27,387 | -25.2% |
| Tangible fixed assets | 22/27 | €99,384 | €71,998 | -€27,387 | -27.6% |
| Furniture and vehicles | 24 | €99,384 | €71,998 | -€27,387 | -27.6% |
| Financial fixed assets | 28 | €9,175 | €9,175 | = | 0.0% |
| Current assets | 29/58 | €276,452 | €325,415 | +€48,963 | +17.7% |
| Amounts receivable after more than one year | 29 | €108,202 | - | -€108,202 | |
| Other amounts receivable | 291 | €108,202 | - | -€108,202 | |
| Amounts receivable within one year | 40/41 | €133,202 | €205,111 | +€71,909 | +54.0% |
| Trade receivables | 40 | €98,853 | €37,813 | -€61,041 | -61.7% |
| Other amounts receivable | 41 | €34,349 | €167,299 | +€132,950 | +387% |
| Cash at bank and in hand | 54/58 | €32,517 | €117,590 | +€85,073 | +262% |
| Deferred charges and accrued income | 490/1 | €2,531 | €2,713 | +€182 | +7.2% |
| Total equity and liabilities | 10/49 | €385,011 | €406,588 | +€21,576 | +5.6% |
| Equity | 10/15 | €193,214 | €244,031 | +€50,817 | +26.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €168,919 | €219,736 | +€50,817 | +30.1% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €167,064 | €217,881 | +€50,817 | +30.4% |
| Profit (loss) carried forward | 14 | €11,895 | €11,895 | = | 0.0% |
| Amounts payable | 17/49 | €191,798 | €162,557 | -€29,241 | -15.2% |
| Amounts payable after more than one year | 17 | €68,138 | €33,901 | -€34,238 | -50.2% |
| Financial debts | 170/4 | €68,138 | €33,901 | -€34,238 | -50.2% |
| Amounts payable within one year | 42/48 | €119,046 | €122,413 | +€3,367 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €30,465 | €27,136 | -€3,329 | -10.9% |
| Trade debts | 44 | €14,714 | €5,706 | -€9,008 | -61.2% |
| Suppliers | 440/4 | €14,714 | €5,706 | -€9,008 | -61.2% |
| Taxes, remuneration and social security | 45 | €73,866 | €89,571 | +€15,705 | +21.3% |
| Taxes | 450/3 | €51,969 | €67,790 | +€15,822 | +30.4% |
| Remuneration and social security | 454/9 | €21,898 | €21,781 | -€117 | -0.5% |
| Accrued charges and deferred income | 492/3 | €4,614 | €6,243 | +€1,629 | +35.3% |
| Remuneration, social security and pensions | 62 | €126,390 | €79,323 | -€47,068 | -37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,669 | €27,387 | -€6,282 | -18.7% |
| Other operating charges | 640/8 | €9,993 | €9,637 | -€356 | -3.6% |
| Gross operating margin | 9900 | €247,742 | €191,684 | -€56,059 | -22.6% |
| Operating profit (loss) | 9901 | €77,690 | €75,338 | -€2,352 | -3.0% |
| Financial income | 75/76B | €5,417 | €6,105 | +€689 | +12.7% |
| Recurring financial income | 75 | €5,417 | €6,105 | +€689 | +12.7% |
| Financial charges | 65/66B | €5,112 | €3,617 | -€1,495 | -29.3% |
| Recurring financial charges | 65 | €5,112 | €3,617 | -€1,495 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €77,995 | €77,827 | -€168 | -0.2% |
| Income taxes | 67/77 | €27,096 | €27,010 | -€87 | -0.3% |
| Profit (loss) for the period | 9904 | €50,899 | €50,817 | -€82 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,899 | €50,817 | -€82 | -0.2% |
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 26 October 2026 via checked.be.