MICHEL LECAILLIE: what changed
What changed
MICHEL LECAILLIE
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
-€11,905
2024 · -€14,541+€2,636
Equity
€234,984
2024 · €282,889-€47,905
Cash
€253,650
2024 · €223,474+€30,175
Balance sheet total
€570,188
2024 · €668,115-€97,927
Largest movements
Assets
- Tangible fixed assets -€93,073
down €93,073 (-31.2%), from €297,978 to €204,905
of which Furniture and vehicles: -€86,752
- Receivables within one year -€31,426
down €31,426 (-26.2%), from €119,913 to €88,487
of which Trade receivables: -€31,295
- Cash +€30,175
up €30,175 (+13.5%), from €223,474 to €253,650
mainly Depreciation (+€93,073) and Receivables within one year (+€31,426)
Equity and liabilities
- Reserves -€36,000
down €36,000 (-13.3%), from €269,855 to €233,855
- Other debts -€26,348
down €26,348 (-37.7%), from €69,864 to €43,517
- Debts after one year -€25,939
down €25,939 (-11.6%), from €223,628 to €197,688
of which Financial debts: -€65,939
- Profit (loss) carried forward -€11,905
down €11,905 (-216%), from -€5,516 to -€17,421
Income statement
- Other operating charges +€5,261
up €5,261 (+46.4%), from €11,327 to €16,588
- Staff costs -€4,177
down €4,177 (-9.4%), from €44,319 to €40,143
- Provisions -€2,790
new in 2025: -€2,790
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
-€14,541
Gross operating margin
-€159
Staff costs
+€4,177
Depreciation
+€586
Provisions
+€2,790
Other operating charges
-€5,261
Financial income
-€277
Financial charges
+€761
Taxes
+€19
Result 2025
-€11,905
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
+€91,353
Investment
-€135
Financing
-€61,043
Cash 2024
€223,474
From operations (derived)
+€91,353
Net result for the year
-€11,905
Depreciation
+€93,073
Stocks and contracts
+€3,858
Receivables within one year
+€31,426
Deferred charges and accrued income
-€119
Trade debts
+€6,189
Tax, wage and social debts
-€4,821
Other debts
-€26,348
Investment (derived)
-€135
Investment in fixed assets (net)
-€135
Financing
-€61,043
Debts after one year
-€25,939
Current portion of long-term debt
+€897
Contributions, distributions and other
-€36,000
Cash 2025
€253,650
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €668,115 | €570,188 | -€97,927 | -14.7% |
| Fixed assets | 21/28 | €298,387 | €205,449 | -€92,938 | -31.1% |
| Tangible fixed assets | 22/27 | €297,978 | €204,905 | -€93,073 | -31.2% |
| Land and buildings | 22 | €39,022 | €34,713 | -€4,309 | -11.0% |
| Plant, machinery and equipment | 23 | €2,716 | €704 | -€2,012 | -74.1% |
| Furniture and vehicles | 24 | €256,240 | €169,488 | -€86,752 | -33.9% |
| Financial fixed assets | 28 | €409 | €544 | +€135 | +33.0% |
| Current assets | 29/58 | €369,728 | €364,738 | -€4,989 | -1.3% |
| Stocks and contracts in progress | 3 | €7,589 | €3,730 | -€3,858 | -50.8% |
| Stocks | 30/36 | €7,589 | €3,730 | -€3,858 | -50.8% |
| Amounts receivable within one year | 40/41 | €119,913 | €88,487 | -€31,426 | -26.2% |
| Trade receivables | 40 | €104,964 | €73,669 | -€31,295 | -29.8% |
| Other amounts receivable | 41 | €14,949 | €14,818 | -€131 | -0.9% |
| Cash at bank and in hand | 54/58 | €223,474 | €253,650 | +€30,175 | +13.5% |
| Deferred charges and accrued income | 490/1 | €18,752 | €18,871 | +€119 | +0.6% |
| Total equity and liabilities | 10/49 | €668,115 | €570,188 | -€97,927 | -14.7% |
| Equity | 10/15 | €282,889 | €234,984 | -€47,905 | -16.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €269,855 | €233,855 | -€36,000 | -13.3% |
| Distributable reserves | 133 | €269,855 | €233,855 | -€36,000 | -13.3% |
| Profit (loss) carried forward | 14 | -€5,516 | -€17,421 | -€11,905 | -216% |
| Amounts payable | 17/49 | €385,226 | €335,203 | -€50,023 | -13.0% |
| Amounts payable after more than one year | 17 | €223,628 | €197,688 | -€25,939 | -11.6% |
| Financial debts | 170/4 | €128,628 | €62,688 | -€65,939 | -51.3% |
| Other amounts payable | 178/9 | €95,000 | €135,000 | +€40,000 | +42.1% |
| Amounts payable within one year | 42/48 | €161,598 | €137,515 | -€24,083 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €65,043 | €65,939 | +€897 | +1.4% |
| Trade debts | 44 | €5,603 | €11,792 | +€6,189 | +110% |
| Suppliers | 440/4 | €5,603 | €11,792 | +€6,189 | +110% |
| Taxes, remuneration and social security | 45 | €21,087 | €16,267 | -€4,821 | -22.9% |
| Taxes | 450/3 | €10,465 | €8,401 | -€2,064 | -19.7% |
| Remuneration and social security | 454/9 | €10,623 | €7,865 | -€2,757 | -26.0% |
| Other amounts payable | 47/48 | €69,864 | €43,517 | -€26,348 | -37.7% |
| Remuneration, social security and pensions | 62 | €44,319 | €40,143 | -€4,177 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,659 | €93,073 | -€586 | -0.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€2,790 | -€2,790 | |
| Other operating charges | 640/8 | €11,327 | €16,588 | +€5,261 | +46.4% |
| Gross operating margin | 9900 | €137,790 | €137,631 | -€159 | -0.1% |
| Operating profit (loss) | 9901 | -€11,515 | -€9,383 | +€2,132 | +18.5% |
| Financial income | 75/76B | €821 | €544 | -€277 | -33.7% |
| Recurring financial income | 75 | €821 | €544 | -€277 | -33.7% |
| Financial charges | 65/66B | €3,533 | €2,772 | -€761 | -21.5% |
| Recurring financial charges | 65 | €3,533 | €2,772 | -€761 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,227 | -€11,611 | +€2,617 | +18.4% |
| Income taxes | 67/77 | €313 | €294 | -€19 | -6.2% |
| Profit (loss) for the period | 9904 | -€14,541 | -€11,905 | +€2,636 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,541 | -€11,905 | +€2,636 | +18.1% |
Next steps
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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 5 November 2026 via checked.be.