L&A TRANS: 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.
What changed
L&A TRANS
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4.8m
2024 · €14,703+€4.8m
Equity
€7.1m
2024 · €6.3m+€770,497
Cash
€146,833
2024 · €111,090+€35,743
Balance sheet total
€15.2m
2024 · €17.4m-€2.2m
Largest movements
Assets
- Financial fixed assets -€7.7m
down €7.7m (-49.3%), from €15.7m to €8.0m
of which Affiliated companies: -€7.5m
- Receivables within one year +€5.8m
up €5.8m (+2,048%), from €284,330 to €6.1m
of which Other amounts receivable: +€5.6m
- Tangible fixed assets -€392,757
down €392,757 (-32.2%), from €1.2m to €826,079
of which Leasing and similar rights: -€245,291
Equity and liabilities
- Debts after one year -€5.4m
down €5.4m (-59.6%), from €9.1m to €3.7m
- Other debts +€3.5m
up €3.5m (+700%), from €500,000 to €4.0m
- Current portion of long-term debt -€1.1m
down €1.1m (-83.4%), from €1.3m to €222,770
- Reserves +€770,497
up €770,497 (+113%), from €683,626 to €1.5m
of which Distributable reserves: +€770,497
Income statement
- Financial income +€4.9m
up €4.9m (+92,242%), from €5,311 to €4.9m
- Financial charges +€210,999
up €210,999 (+152%), from €138,663 to €349,662
of which Non-recurring financial charges: +€155,670
- Turnover +€189,361
up €189,361 (+17.2%), from €1.1m to €1.3m
- Staff costs -€47,788
down €47,788 (-12.4%), from €386,930 to €339,142
- Depreciation +€22,489
up €22,489 (+7.8%), from €288,986 to €311,475
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.
Result 2024
€14,703
Turnover
+€189,361
Other operating income
+€5,782
Goods and materials
-€2,162
Services and other goods
+€13,230
Staff costs
+€47,788
Depreciation
-€22,489
Other operating charges
-€16,282
Other operating items
-€143,933
Financial income
+€4.9m
Financial charges
-€210,999
Taxes
-€3,452
Result 2025
€4.8m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€2.8m
Investment
+€7.8m
Financing
-€10.5m
Cash 2024
€111,090
From operations (derived)
+€2.8m
Net result for the year
+€4.8m
Depreciation
+€311,475
Receivables within one year
-€5.8m
Deferred charges and accrued income
-€22,202
Trade debts
+€77,047
Tax, wage and social debts
+€27,932
Other debts
+€3.5m
Accrued charges and deferred income
-€41,220
Investment (derived)
+€7.8m
Investment in fixed assets (net)
+€7.8m
Financing
-€10.5m
Debts after one year
-€5.4m
Current portion of long-term debt
-€1.1m
Short-term financial debts
-€6,807
Contributions, distributions and other
-€4.0m
Cash 2025
€146,833
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,397,230 | €15,207,364 | -€2.2m | -12.6% |
| Fixed assets | 21/28 | €16,916,208 | €8,844,927 | -€8.1m | -47.7% |
| Intangible fixed assets | 21 | - | €57,416 | +€57,416 | |
| Tangible fixed assets | 22/27 | €1,218,836 | €826,079 | -€392,757 | -32.2% |
| Plant, machinery and equipment | 23 | €192 | €112 | -€80 | -41.7% |
| Furniture and vehicles | 24 | €417,784 | €270,398 | -€147,386 | -35.3% |
| Leasing and similar rights | 25 | €800,860 | €555,569 | -€245,291 | -30.6% |
| Financial fixed assets | 28 | €15,697,372 | €7,961,432 | -€7.7m | -49.3% |
| Affiliated companies | 280/1 | €15,445,437 | €7,959,767 | -€7.5m | -48.5% |
| Participating interests | 280 | €15,445,437 | €7,959,767 | -€7.5m | -48.5% |
| Other financial fixed assets | 284/8 | €251,935 | €1,665 | -€250,270 | -99.3% |
| Amounts receivable and cash guarantees | 285/8 | €251,935 | €1,665 | -€250,270 | -99.3% |
| Current assets | 29/58 | €481,022 | €6,362,437 | +€5.9m | +1,223% |
| Amounts receivable within one year | 40/41 | €284,330 | €6,107,800 | +€5.8m | +2,048% |
| Trade receivables | 40 | €258,397 | €508,051 | +€249,654 | +96.6% |
| Other amounts receivable | 41 | €25,933 | €5,599,749 | +€5.6m | +21,493% |
| Cash at bank and in hand | 54/58 | €111,090 | €146,833 | +€35,743 | +32.2% |
| Deferred charges and accrued income | 490/1 | €85,602 | €107,804 | +€22,202 | +25.9% |
| Total equity and liabilities | 10/49 | €17,397,230 | €15,207,364 | -€2.2m | -12.6% |
| Equity | 10/15 | €6,294,691 | €7,065,188 | +€770,497 | +12.2% |
| Contributions | 10/11 | €5,611,065 | €5,611,065 | = | 0.0% |
| Reserves | 13 | €683,626 | €1,454,123 | +€770,497 | +113% |
| Tax-exempt reserves | 132 | €117,676 | €117,676 | = | 0.0% |
| Distributable reserves | 133 | €565,950 | €1,336,447 | +€770,497 | +136% |
| Amounts payable | 17/49 | €11,102,539 | €8,142,176 | -€3.0m | -26.7% |
| Amounts payable after more than one year | 17 | €9,058,509 | €3,656,946 | -€5.4m | -59.6% |
| Financial debts | 170/4 | €9,058,509 | €3,656,946 | -€5.4m | -59.6% |
| Leasing and similar obligations | 172 | €644,137 | €383,299 | -€260,838 | -40.5% |
| Other loans | 174 | €8,414,372 | €3,273,647 | -€5.1m | -61.1% |
| Amounts payable within one year | 42/48 | €1,942,398 | €4,424,818 | +€2.5m | +128% |
| Current portion of amounts payable after more than one year | 42 | €1,338,522 | €222,770 | -€1.1m | -83.4% |
| Financial debts | 43 | €6,807 | - | -€6,807 | |
| Credit institutions | 430/8 | €6,807 | - | -€6,807 | |
| Trade debts | 44 | €55,832 | €132,879 | +€77,047 | +138% |
| Suppliers | 440/4 | €55,832 | €132,879 | +€77,047 | +138% |
| Taxes, remuneration and social security | 45 | €41,237 | €69,169 | +€27,932 | +67.7% |
| Taxes | 450/3 | €8,130 | €39,432 | +€31,302 | +385% |
| Remuneration and social security | 454/9 | €33,107 | €29,737 | -€3,370 | -10.2% |
| Other amounts payable | 47/48 | €500,000 | €4,000,000 | +€3.5m | +700% |
| Accrued charges and deferred income | 492/3 | €101,632 | €60,412 | -€41,220 | -40.6% |
| Operating income | 70/76A | €1,254,720 | €1,330,871 | +€76,151 | +6.1% |
| Turnover | 70 | €1,100,761 | €1,290,122 | +€189,361 | +17.2% |
| Other operating income | 74 | €33,967 | €39,749 | +€5,782 | +17.0% |
| Non-recurring operating income | 76A | €119,992 | €1,000 | -€118,992 | -99.2% |
| Operating charges | 60/66A | €1,100,943 | €1,105,799 | +€4,856 | +0.4% |
| Goods for resale, raw materials and consumables | 60 | €995 | €3,157 | +€2,162 | +217% |
| Purchases | 600/8 | €995 | €3,157 | +€2,162 | +217% |
| Services and other goods | 61 | €382,421 | €369,191 | -€13,230 | -3.5% |
| Remuneration, social security and pensions | 62 | €386,930 | €339,142 | -€47,788 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288,986 | €311,475 | +€22,489 | +7.8% |
| Other operating charges | 640/8 | €41,611 | €57,893 | +€16,282 | +39.1% |
| Non-recurring operating charges | 66A | - | €24,941 | +€24,941 | |
| Operating profit (loss) | 9901 | €153,777 | €225,072 | +€71,295 | +46.4% |
| Financial income | 75/76B | €5,311 | €4,904,261 | +€4.9m | +92,242% |
| Recurring financial income | 75 | €5,311 | €4,904,261 | +€4.9m | +92,242% |
| Income from financial fixed assets | 750 | €3,068 | €4,904,260 | +€4.9m | +159,752% |
| Income from current assets | 751 | €2,243 | - | -€2,243 | |
| Other financial income | 752/9 | - | €1 | +€1 | |
| Financial charges | 65/66B | €138,663 | €349,662 | +€210,999 | +152% |
| Recurring financial charges | 65 | €138,663 | €193,992 | +€55,329 | +39.9% |
| Debt charges | 650 | €137,117 | €192,309 | +€55,192 | +40.3% |
| Other financial charges | 652/9 | €1,546 | €1,683 | +€137 | +8.9% |
| Non-recurring financial charges | 66B | - | €155,670 | +€155,670 | |
| Profit (loss) for the period before taxes | 9903 | €20,425 | €4,779,671 | +€4.8m | +23,301% |
| Income taxes | 67/77 | €5,722 | €9,174 | +€3,452 | +60.3% |
| Taxes | 670/3 | €5,722 | €9,174 | +€3,452 | +60.3% |
| Profit (loss) for the period | 9904 | €14,703 | €4,770,497 | +€4.8m | +32,346% |
| Profit (loss) for the period to be appropriated | 9905 | €14,703 | €4,770,497 | +€4.8m | +32,346% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.