I.V. SLABBINCK: what changed
What changed
I.V. SLABBINCK
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
-€18,844
2024 · €31,664-€50,509
Equity
€160,631
2024 · €179,476-€18,844
Cash
€234,373
2024 · €230,722+€3,651
Balance sheet total
€277,654
2024 · €272,103+€5,551
Largest movements
Assets
- Tangible fixed assets +€15,649
up €15,649 (+172%), from €9,108 to €24,758
of which Furniture and vehicles: +€14,006
- Receivables within one year -€13,749
down €13,749 (-42.6%), from €32,273 to €18,523
of which Trade receivables: -€10,250
- Cash +€3,651
up €3,651 (+1.6%), from €230,722 to €234,373
mainly Trade debts (+€45,824) and Receivables within one year (+€13,749)
Equity and liabilities
- Trade debts +€45,824
up €45,824 (+70.4%), from €65,109 to €110,932
- Profit (loss) carried forward -€18,844
down €18,844 (-42.3%), from €44,497 to €25,653
- Tax, wage and social debts -€14,341
down €14,341 (-86.0%), from €16,672 to €2,331
- Debts after one year -€8,432
down €8,432 (-77.7%), from €10,846 to €2,414
Income statement
- Purchases and services +€125,826
new in 2025: €125,826
- Turnover +€107,906
new in 2025: €107,906
- Gross operating margin -€65,160
down €65,160, from €49,408 to -€15,752
- Taxes -€14,074
no longer reported in 2025 (was €14,074)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€31,664
Gross operating margin
-€65,160
Depreciation
+€248
Other operating charges
+€317
Financial income
+€111
Financial charges
-€97
Taxes
+€14,074
Result 2025
-€18,844
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€28,603
Investment
-€16,520
Financing
-€8,432
Cash 2024
€230,722
From operations (derived)
+€28,603
Net result for the year
-€18,844
Depreciation
+€870
Receivables within one year
+€13,749
Trade debts
+€45,824
Tax, wage and social debts
-€14,341
Accrued charges and deferred income
+€1,345
Investment (derived)
-€16,520
Investment in fixed assets (net)
-€16,520
Financing
-€8,432
Debts after one year
-€8,432
Cash 2025
€234,373
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €272,103 | €277,654 | +€5,551 | +2.0% |
| Fixed assets | 21/28 | €9,108 | €24,758 | +€15,649 | +172% |
| Tangible fixed assets | 22/27 | €9,108 | €24,758 | +€15,649 | +172% |
| Plant, machinery and equipment | 23 | - | €1,643 | +€1,643 | |
| Furniture and vehicles | 24 | €764 | €14,770 | +€14,006 | +1,834% |
| Other tangible fixed assets | 26 | €8,345 | €8,345 | = | 0.0% |
| Current assets | 29/58 | €262,995 | €252,896 | -€10,099 | -3.8% |
| Amounts receivable within one year | 40/41 | €32,273 | €18,523 | -€13,749 | -42.6% |
| Trade receivables | 40 | €16,273 | €6,022 | -€10,250 | -63.0% |
| Other amounts receivable | 41 | €16,000 | €12,501 | -€3,499 | -21.9% |
| Cash at bank and in hand | 54/58 | €230,722 | €234,373 | +€3,651 | +1.6% |
| Total equity and liabilities | 10/49 | €272,103 | €277,654 | +€5,551 | +2.0% |
| Equity | 10/15 | €179,476 | €160,631 | -€18,844 | -10.5% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Capital | 10 | €32,226 | €32,226 | = | 0.0% |
| Issued capital | 100 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €102,752 | €102,752 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,212 | €4,212 | = | 0.0% |
| Legal reserve | 130 | €3,223 | €3,223 | = | 0.0% |
| Reserves not available under the articles | 1311 | €989 | €989 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,840 | €16,840 | = | 0.0% |
| Distributable reserves | 133 | €81,701 | €81,701 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,497 | €25,653 | -€18,844 | -42.3% |
| Amounts payable | 17/49 | €92,627 | €117,023 | +€24,395 | +26.3% |
| Amounts payable after more than one year | 17 | €10,846 | €2,414 | -€8,432 | -77.7% |
| Other amounts payable | 178/9 | €10,846 | €2,414 | -€8,432 | -77.7% |
| Amounts payable within one year | 42/48 | €81,781 | €113,264 | +€31,483 | +38.5% |
| Trade debts | 44 | €65,109 | €110,932 | +€45,824 | +70.4% |
| Suppliers | 440/4 | €65,109 | €110,932 | +€45,824 | +70.4% |
| Taxes, remuneration and social security | 45 | €16,672 | €2,331 | -€14,341 | -86.0% |
| Taxes | 450/3 | €16,672 | €2,331 | -€14,341 | -86.0% |
| Accrued charges and deferred income | 492/3 | - | €1,345 | +€1,345 | |
| Turnover | 70 | - | €107,906 | +€107,906 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €125,826 | +€125,826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,118 | €870 | -€248 | -22.2% |
| Other operating charges | 640/8 | €2,402 | €2,085 | -€317 | -13.2% |
| Gross operating margin | 9900 | €49,408 | -€15,752 | -€65,160 | |
| Operating profit (loss) | 9901 | €45,888 | -€18,708 | -€64,595 | |
| Financial income | 75/76B | €117 | €227 | +€111 | +94.7% |
| Recurring financial income | 75 | €117 | €227 | +€111 | +94.7% |
| Financial charges | 65/66B | €267 | €364 | +€97 | +36.6% |
| Recurring financial charges | 65 | €267 | €364 | +€97 | +36.6% |
| Profit (loss) for the period before taxes | 9903 | €45,738 | -€18,844 | -€64,582 | |
| Income taxes | 67/77 | €14,074 | - | -€14,074 | |
| Profit (loss) for the period | 9904 | €31,664 | -€18,844 | -€50,509 | |
| Transfer to tax-exempt reserves | 689 | €16,840 | - | -€16,840 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,824 | -€18,844 | -€33,669 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.