ME Transport: 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.
ME Transport
Largest movements
- Receivables within one year +€19,444
up €19,444 (+80.4%), from €24,191 to €43,635
of which Other amounts receivable: +€11,019
- Cash +€7,271
up €7,271 (+504%), from €1,442 to €8,713
mainly Trade debts (+€19,617) and Tax, wage and social debts (+€15,251)
- Tangible fixed assets +€3,879
up €3,879 (+81.3%), from €4,773 to €8,652
- Financial fixed assets +€3,000
new in 2024: €3,000
- Deferred charges and accrued income +€1,030
up €1,030 (+353%), from €292 to €1,322
- Trade debts +€19,617
up €19,617 (+114%), from €17,210 to €36,827
- Tax, wage and social debts +€15,251
up €15,251 (+258%), from €5,916 to €21,166
of which Remuneration and social security: +€8,612
- Staff costs +€118,202
up €118,202 (+231%), from €51,099 to €169,300
- Gross operating margin +€114,762
up €114,762 (+174%), from €65,784 to €180,546
- Depreciation +€1,928
up €1,928 (+65.0%), from €2,967 to €4,896
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 | €30,697 | €65,321 | +€34,624 | +113% |
| Fixed assets | 21/28 | €4,773 | €11,652 | +€6,879 | +144% |
| Tangible fixed assets | 22/27 | €4,773 | €8,652 | +€3,879 | +81.3% |
| Furniture and vehicles | 24 | €4,773 | €8,652 | +€3,879 | +81.3% |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €25,924 | €53,669 | +€27,745 | +107% |
| Amounts receivable within one year | 40/41 | €24,191 | €43,635 | +€19,444 | +80.4% |
| Trade receivables | 40 | €6,368 | €14,793 | +€8,425 | +132% |
| Other amounts receivable | 41 | €17,822 | €28,842 | +€11,019 | +61.8% |
| Cash at bank and in hand | 54/58 | €1,442 | €8,713 | +€7,271 | +504% |
| Deferred charges and accrued income | 490/1 | €292 | €1,322 | +€1,030 | +353% |
| Total equity and liabilities | 10/49 | €30,697 | €65,321 | +€34,624 | +113% |
| Equity | 10/15 | €7,571 | €7,327 | -€244 | -3.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,571 | €4,327 | -€244 | -5.3% |
| Amounts payable | 17/49 | €23,126 | €57,993 | +€34,868 | +151% |
| Amounts payable within one year | 42/48 | €23,126 | €57,993 | +€34,868 | +151% |
| Trade debts | 44 | €17,210 | €36,827 | +€19,617 | +114% |
| Suppliers | 440/4 | €17,210 | €36,827 | +€19,617 | +114% |
| Taxes, remuneration and social security | 45 | €5,916 | €21,166 | +€15,251 | +258% |
| Taxes | 450/3 | €1,780 | €8,418 | +€6,638 | +373% |
| Remuneration and social security | 454/9 | €4,135 | €12,748 | +€8,612 | +208% |
| Remuneration, social security and pensions | 62 | €51,099 | €169,300 | +€118,202 | +231% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,967 | €4,896 | +€1,928 | +65.0% |
| Other operating charges | 640/8 | €4,048 | €4,570 | +€522 | +12.9% |
| Gross operating margin | 9900 | €65,784 | €180,546 | +€114,762 | +174% |
| Operating profit (loss) | 9901 | €7,670 | €1,780 | -€5,890 | -76.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,956 | €2,024 | +€67 | +3.4% |
| Recurring financial charges | 65 | €1,956 | €2,024 | +€67 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €5,714 | -€244 | -€5,958 | |
| Income taxes | 67/77 | €1,143 | - | -€1,143 | |
| Profit (loss) for the period | 9904 | €4,571 | -€244 | -€4,815 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,571 | -€244 | -€4,815 |
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 21 October 2026 via checked.be.