Léopold VANAUBEL: what changed
What changed
Léopold VANAUBEL
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
€43,703
2024 · €129,132-€85,430
Equity
€177,835
2024 · €134,132+€43,703
Cash
€81,539
2024 · €23,943+€57,597
Balance sheet total
€424,799
2024 · €278,390+€146,409
Largest movements
Assets
- Tangible fixed assets +€96,774
up €96,774 (+51.9%), from €186,341 to €283,115
of which Leasing and similar rights: +€127,071
- Cash +€57,597
up €57,597 (+241%), from €23,943 to €81,539
mainly Debts after one year (+€78,182) and Depreciation (+€54,960)
- Receivables within one year -€10,628
down €10,628 (-17.7%), from €60,200 to €49,572
of which Trade receivables: -€7,883
Equity and liabilities
- Debts after one year +€78,182
up €78,182 (+112%), from €69,560 to €147,741
- Reserves +€43,703
up €43,703 (+33.8%), from €129,132 to €172,835
- Current portion of long-term debt +€21,307
up €21,307 (+102%), from €20,985 to €42,292
- Trade debts +€4,814
up €4,814 (+25.3%), from €19,047 to €23,861
Income statement
- Gross operating margin -€131,211
down €131,211 (-51.8%), from €253,528 to €122,317
- Taxes -€34,633
down €34,633 (-68.7%), from €50,419 to €15,786
- Depreciation -€8,411
down €8,411 (-13.3%), from €63,371 to €54,960
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
€129,132
Gross operating margin
-€131,211
Depreciation
+€8,411
Other operating charges
+€1,627
Financial charges
+€1,111
Taxes
+€34,633
Result 2025
€43,703
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
+€109,842
Investment
-€151,734
Financing
+€99,488
Cash 2024
€23,943
From operations (derived)
+€109,842
Net result for the year
+€43,703
Depreciation
+€54,960
Smaller working-capital items
-€0
Receivables within one year
+€10,628
Deferred charges and accrued income
-€2,701
Trade debts
+€4,814
Other debts
-€1,561
Investment (derived)
-€151,734
Investment in fixed assets (net)
-€151,734
Financing
+€99,488
Debts after one year
+€78,182
Current portion of long-term debt
+€21,307
Cash 2025
€81,539
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €278,390 | €424,799 | +€146,409 | +52.6% |
| Fixed assets | 21/28 | €186,342 | €283,116 | +€96,774 | +51.9% |
| Intangible fixed assets | 21 | €1 | €1 | -€1 | -48.5% |
| Tangible fixed assets | 22/27 | €186,341 | €283,115 | +€96,774 | +51.9% |
| Plant, machinery and equipment | 23 | €72,855 | €61,728 | -€11,127 | -15.3% |
| Furniture and vehicles | 24 | €23,171 | €4,001 | -€19,170 | -82.7% |
| Leasing and similar rights | 25 | €90,314 | €217,385 | +€127,071 | +141% |
| Current assets | 29/58 | €92,048 | €141,683 | +€49,635 | +53.9% |
| Stocks and contracts in progress | 3 | €7,141 | €7,107 | -€34 | -0.5% |
| Stocks | 30/36 | €7,141 | €7,107 | -€34 | -0.5% |
| Amounts receivable within one year | 40/41 | €60,200 | €49,572 | -€10,628 | -17.7% |
| Trade receivables | 40 | €49,752 | €41,869 | -€7,883 | -15.8% |
| Other amounts receivable | 41 | €10,448 | €7,702 | -€2,746 | -26.3% |
| Cash at bank and in hand | 54/58 | €23,943 | €81,539 | +€57,597 | +241% |
| Deferred charges and accrued income | 490/1 | €764 | €3,466 | +€2,701 | +353% |
| Total equity and liabilities | 10/49 | €278,390 | €424,799 | +€146,409 | +52.6% |
| Equity | 10/15 | €134,132 | €177,835 | +€43,703 | +32.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €129,132 | €172,835 | +€43,703 | +33.8% |
| Distributable reserves | 133 | €129,132 | €172,835 | +€43,703 | +33.8% |
| Amounts payable | 17/49 | €144,258 | €246,964 | +€102,706 | +71.2% |
| Amounts payable after more than one year | 17 | €69,560 | €147,741 | +€78,182 | +112% |
| Financial debts | 170/4 | €69,560 | €147,741 | +€78,182 | +112% |
| Amounts payable within one year | 42/48 | €74,378 | €98,873 | +€24,495 | +32.9% |
| Current portion of amounts payable after more than one year | 42 | €20,985 | €42,292 | +€21,307 | +102% |
| Trade debts | 44 | €19,047 | €23,861 | +€4,814 | +25.3% |
| Suppliers | 440/4 | €19,047 | €23,861 | +€4,814 | +25.3% |
| Taxes, remuneration and social security | 45 | €1,445 | €1,381 | -€64 | -4.5% |
| Taxes | 450/3 | €410 | €346 | -€64 | -15.7% |
| Remuneration and social security | 454/9 | €1,035 | €1,035 | = | 0.0% |
| Other amounts payable | 47/48 | €32,900 | €31,339 | -€1,561 | -4.7% |
| Accrued charges and deferred income | 492/3 | €320 | €350 | +€30 | +9.4% |
| Non-recurring operating income | 76A | €4,093 | €16,896 | +€12,803 | +313% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,371 | €54,960 | -€8,411 | -13.3% |
| Other operating charges | 640/8 | €5,347 | €3,721 | -€1,627 | -30.4% |
| Gross operating margin | 9900 | €253,528 | €122,317 | -€131,211 | -51.8% |
| Operating profit (loss) | 9901 | €184,810 | €63,636 | -€121,173 | -65.6% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €5,258 | €4,147 | -€1,111 | -21.1% |
| Recurring financial charges | 65 | €5,258 | €4,147 | -€1,111 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €179,551 | €59,489 | -€120,062 | -66.9% |
| Income taxes | 67/77 | €50,419 | €15,786 | -€34,633 | -68.7% |
| Profit (loss) for the period | 9904 | €129,132 | €43,703 | -€85,430 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €129,132 | €43,703 | -€85,430 | -66.2% |
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 3 November 2026 via checked.be.