MAXITRANS: what changed
Two fiscal 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
MAXITRANS
NACE 49.410, Freight transport by road
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€1,765
2023 · €112+€1,653
Equity
€397,083
2023 · €397,943-€860
Cash
€9,715
2023 · €1,672+€8,043
Balance sheet total
€865,380
2023 · €1.0m-€141,494
Largest movements
Assets
- Tangible fixed assets -€144,474
down €144,474 (-39.6%), from €364,651 to €220,177
of which Leasing and similar rights: -€134,288
- Deferred charges and accrued income -€25,015
down €25,015 (-8.2%), from €303,730 to €278,715
- Receivables within one year +€20,087
up €20,087 (+6.0%), from €334,107 to €354,194
of which Trade receivables: +€19,019
Equity and liabilities
- Debts after one year -€123,997
down €123,997 (-58.8%), from €210,738 to €86,741
- Current portion of long-term debt -€10,291
down €10,291 (-7.7%), from €134,288 to €123,997
Income statement
- Turnover -€91,284
down €91,284 (-4.2%), from €2.2m to €2.1m
- Goods and materials -€65,629
down €65,629 (-22.6%), from €290,535 to €224,906
- Services and other goods +€45,412
up €45,412 (+5.7%), from €800,583 to €845,995
- Depreciation -€34,592
down €34,592 (-19.3%), from €179,066 to €144,474
- Staff costs -€26,125
down €26,125 (-3.1%), from €843,937 to €817,812
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.
Result 2023
€112
Turnover
-€91,284
Other operating income
+€5,962
Goods and materials
+€65,629
Services and other goods
-€45,412
Staff costs
+€26,125
Depreciation
+€34,592
Other operating charges
-€8,993
Other operating items
+€11,500
Financial income
+€2,776
Financial charges
+€802
Taxes
-€44
Result 2024
€1,765
Cash bridge derived
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.
From operations
+€150,141
Investment
+€135
Financing
-€142,233
Cash 2023
€1,672
From operations (derived)
+€150,141
Net result for the year
+€1,765
Depreciation
+€144,474
Receivables within one year
-€20,087
Deferred charges and accrued income
+€25,015
Provisions
-€875
Trade debts
+€2,274
Tax, wage and social debts
-€2,382
Accrued charges and deferred income
-€43
Investment (derived)
+€135
Investment in fixed assets (net)
+€135
Financing
-€142,233
Debts after one year
-€123,997
Current portion of long-term debt
-€10,291
Short-term financial debts
-€5,320
Contributions, distributions and other
-€2,625
Cash 2024
€9,715
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,006,874 | €865,380 | -€141,494 | -14.1% |
| Fixed assets | 21/28 | €367,366 | €222,757 | -€144,609 | -39.4% |
| Tangible fixed assets | 22/27 | €364,651 | €220,177 | -€144,474 | -39.6% |
| Furniture and vehicles | 24 | €10,186 | €0 | -€10,186 | -100.0% |
| Leasing and similar rights | 25 | €354,465 | €220,177 | -€134,288 | -37.9% |
| Financial fixed assets | 28 | €2,715 | €2,580 | -€135 | -5.0% |
| Other financial fixed assets | 284/8 | €2,715 | €2,580 | -€135 | -5.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,715 | €2,580 | -€135 | -5.0% |
| Current assets | 29/58 | €639,508 | €642,624 | +€3,116 | +0.5% |
| Amounts receivable within one year | 40/41 | €334,107 | €354,194 | +€20,087 | +6.0% |
| Trade receivables | 40 | €330,861 | €349,881 | +€19,019 | +5.7% |
| Other amounts receivable | 41 | €3,245 | €4,313 | +€1,068 | +32.9% |
| Current investments | 50/53 | €0 | €0 | = | |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,672 | €9,715 | +€8,043 | +481.2% |
| Deferred charges and accrued income | 490/1 | €303,730 | €278,715 | -€25,015 | -8.2% |
| Total equity and liabilities | 10/49 | €1,006,874 | €865,380 | -€141,494 | -14.1% |
| Equity | 10/15 | €397,943 | €397,083 | -€860 | -0.2% |
| Contributions | 10/11 | €77,500 | €77,500 | = | 0.0% |
| Capital | 10 | €77,500 | €77,500 | = | 0.0% |
| Issued capital | 100 | €77,500 | €77,500 | = | 0.0% |
| Reserves | 13 | €394,526 | €391,901 | -€2,625 | -0.7% |
| Non-distributable reserves | 130/1 | €7,750 | €7,750 | = | 0.0% |
| Legal reserve | 130 | €7,750 | €7,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,389 | €1,764 | -€2,625 | -59.8% |
| Distributable reserves | 133 | €382,386 | €382,386 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,083 | -€72,317 | +€1,765 | +2.4% |
| Provisions and deferred taxes | 16 | €1,463 | €588 | -€875 | -59.8% |
| Deferred taxes | 168 | €1,463 | €588 | -€875 | -59.8% |
| Amounts payable | 17/49 | €607,468 | €467,709 | -€139,759 | -23.0% |
| Amounts payable after more than one year | 17 | €210,738 | €86,741 | -€123,997 | -58.8% |
| Financial debts | 170/4 | €210,738 | €86,741 | -€123,997 | -58.8% |
| Leasing and similar obligations | 172 | €210,738 | €86,741 | -€123,997 | -58.8% |
| Amounts payable within one year | 42/48 | €395,634 | €379,915 | -€15,719 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €134,288 | €123,997 | -€10,291 | -7.7% |
| Financial debts | 43 | €44,092 | €38,772 | -€5,320 | -12.1% |
| Credit institutions | 430/8 | €44,092 | €38,772 | -€5,320 | -12.1% |
| Trade debts | 44 | €109,908 | €112,182 | +€2,274 | +2.1% |
| Suppliers | 440/4 | €109,908 | €112,182 | +€2,274 | +2.1% |
| Taxes, remuneration and social security | 45 | €107,346 | €104,964 | -€2,382 | -2.2% |
| Taxes | 450/3 | €16,409 | €17,230 | +€821 | +5.0% |
| Remuneration and social security | 454/9 | €90,937 | €87,734 | -€3,203 | -3.5% |
| Accrued charges and deferred income | 492/3 | €1,096 | €1,053 | -€43 | -3.9% |
| Operating income | 70/76A | €2,227,500 | €2,153,678 | -€73,822 | -3.3% |
| Turnover | 70 | €2,182,239 | €2,090,954 | -€91,284 | -4.2% |
| Other operating income | 74 | €45,262 | €51,224 | +€5,962 | +13.2% |
| Non-recurring operating income | 76A | - | €11,500 | +€11,500 | |
| Operating charges | 60/66A | €2,223,161 | €2,151,220 | -€71,941 | -3.2% |
| Goods for resale, raw materials and consumables | 60 | €290,535 | €224,906 | -€65,629 | -22.6% |
| Purchases | 600/8 | €290,535 | €224,906 | -€65,629 | -22.6% |
| Services and other goods | 61 | €800,583 | €845,995 | +€45,412 | +5.7% |
| Remuneration, social security and pensions | 62 | €843,937 | €817,812 | -€26,125 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,066 | €144,474 | -€34,592 | -19.3% |
| Other operating charges | 640/8 | €109,039 | €118,032 | +€8,993 | +8.2% |
| Operating profit (loss) | 9901 | €4,339 | €2,458 | -€1,881 | -43.4% |
| Financial income | 75/76B | €2,913 | €5,689 | +€2,776 | +95.3% |
| Recurring financial income | 75 | €2,913 | €5,689 | +€2,776 | +95.3% |
| Income from current assets | 751 | €2,913 | €2,789 | -€124 | -4.3% |
| Other financial income | 752/9 | - | €2,900 | +€2,900 | |
| Financial charges | 65/66B | €9,805 | €9,003 | -€802 | -8.2% |
| Recurring financial charges | 65 | €9,535 | €8,868 | -€667 | -7.0% |
| Debt charges | 650 | €8,836 | €8,145 | -€691 | -7.8% |
| Other financial charges | 652/9 | €699 | €722 | +€24 | +3.4% |
| Non-recurring financial charges | 66B | €270 | €135 | -€135 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,553 | -€856 | +€1,697 | +66.5% |
| Transfer from deferred taxes | 780 | €3,500 | €3,500 | = | 0.0% |
| Income taxes | 67/77 | €835 | €879 | +€44 | +5.2% |
| Taxes | 670/3 | €835 | €879 | +€44 | +5.2% |
| Profit (loss) for the period | 9904 | €112 | €1,765 | +€1,653 | +1475.2% |
| Profit (loss) for the period to be appropriated | 9905 | €112 | €1,765 | +€1,653 | +1475.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.