MYTRACO: 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
MYTRACO
NACE 49.410, Freight transport by road
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€122,426
2024 · €36,361+€86,065
Equity
€599,677
2024 · €477,251+€122,426
Cash
€57,994
2024 · €76,683-€18,688
Balance sheet total
€2.5m
2024 · €2.9m-€401,076
Largest movements
Assets
- Tangible fixed assets -€277,234
down €277,234 (-11.7%), from €2.4m to €2.1m
of which Leasing and similar rights: -€194,923
- Receivables within one year -€103,357
down €103,357 (-21.9%), from €472,205 to €368,848
Equity and liabilities
- Debts after one year -€223,189
down €223,189 (-16.3%), from €1.4m to €1.1m
- Trade debts -€219,473
down €219,473 (-46.7%), from €469,918 to €250,445
- Profit (loss) carried forward +€151,610
up €151,610 (+48.3%), from -€314,166 to -€162,556
- Current portion of long-term debt -€59,063
down €59,063 (-20.7%), from €285,443 to €226,380
Income statement
- Staff costs -€19,444
down €19,444 (-2.1%), from €946,371 to €926,927
- Depreciation -€17,189
down €17,189 (-6.7%), from €258,144 to €240,955
- Gross operating margin +€15,032
up €15,032 (+1.1%), from €1.4m to €1.4m
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
€36,361
Gross operating margin
+€15,032
Staff costs
+€19,444
Depreciation
+€17,189
Other operating charges
-€12,416
Other operating items
+€39,998
Financial income
+€478
Financial charges
+€6,315
Taxes
+€24
Result 2025
€122,426
Cash bridge derived
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
+€227,285
Investment
+€36,279
Financing
-€282,252
Cash 2024
€76,683
From operations (derived)
+€227,285
Net result for the year
+€122,426
Depreciation
+€240,955
Receivables within one year
+€103,357
Deferred charges and accrued income
+€1,797
Trade debts
-€219,473
Tax, wage and social debts
-€24,143
Other debts
+€6,986
Accrued charges and deferred income
-€4,619
Investment (derived)
+€36,279
Investment in fixed assets (net)
+€36,279
Financing
-€282,252
Debts after one year
-€223,189
Current portion of long-term debt
-€59,063
Cash 2025
€57,994
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,933,474 | €2,532,397 | -€401,076 | -13.7% |
| Fixed assets | 21/28 | €2,371,728 | €2,094,494 | -€277,234 | -11.7% |
| Tangible fixed assets | 22/27 | €2,366,388 | €2,089,154 | -€277,234 | -11.7% |
| Land and buildings | 22 | €1,607,676 | €1,535,858 | -€71,818 | -4.5% |
| Plant, machinery and equipment | 23 | €19,787 | €18,430 | -€1,357 | -6.9% |
| Furniture and vehicles | 24 | €92,316 | €83,179 | -€9,136 | -9.9% |
| Leasing and similar rights | 25 | €646,610 | €451,687 | -€194,923 | -30.1% |
| Financial fixed assets | 28 | €5,340 | €5,340 | = | 0.0% |
| Current assets | 29/58 | €561,745 | €437,903 | -€123,842 | -22.0% |
| Amounts receivable within one year | 40/41 | €472,205 | €368,848 | -€103,357 | -21.9% |
| Trade receivables | 40 | €472,205 | €368,848 | -€103,357 | -21.9% |
| Cash at bank and in hand | 54/58 | €76,683 | €57,994 | -€18,688 | -24.4% |
| Deferred charges and accrued income | 490/1 | €12,858 | €11,061 | -€1,797 | -14.0% |
| Total equity and liabilities | 10/49 | €2,933,474 | €2,532,397 | -€401,076 | -13.7% |
| Equity | 10/15 | €477,251 | €599,677 | +€122,426 | +25.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €455,437 | €428,113 | -€27,324 | -6.0% |
| Reserves | 13 | €235,979 | €234,119 | -€1,860 | -0.8% |
| Tax-exempt reserves | 132 | €206,795 | €206,795 | = | 0.0% |
| Distributable reserves | 133 | €29,184 | €27,324 | -€1,860 | -6.4% |
| Profit (loss) carried forward | 14 | -€314,166 | -€162,556 | +€151,610 | +48.3% |
| Amounts payable | 17/49 | €2,456,223 | €1,932,721 | -€523,502 | -21.3% |
| Amounts payable after more than one year | 17 | €1,366,058 | €1,142,869 | -€223,189 | -16.3% |
| Financial debts | 170/4 | €1,366,058 | €1,142,869 | -€223,189 | -16.3% |
| Amounts payable within one year | 42/48 | €1,085,516 | €789,822 | -€295,694 | -27.2% |
| Current portion of amounts payable after more than one year | 42 | €285,443 | €226,380 | -€59,063 | -20.7% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €469,918 | €250,445 | -€219,473 | -46.7% |
| Suppliers | 440/4 | €469,918 | €250,445 | -€219,473 | -46.7% |
| Taxes, remuneration and social security | 45 | €152,282 | €128,139 | -€24,143 | -15.9% |
| Taxes | 450/3 | €58,013 | €22,072 | -€35,941 | -62.0% |
| Remuneration and social security | 454/9 | €94,268 | €106,066 | +€11,798 | +12.5% |
| Other amounts payable | 47/48 | €27,872 | €34,858 | +€6,986 | +25.1% |
| Accrued charges and deferred income | 492/3 | €4,649 | €30 | -€4,619 | -99.4% |
| Non-recurring operating income | 76A | €91,742 | €78,923 | -€12,819 | -14.0% |
| Remuneration, social security and pensions | 62 | €946,371 | €926,927 | -€19,444 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €258,144 | €240,955 | -€17,189 | -6.7% |
| Other operating charges | 640/8 | €24,656 | €37,071 | +€12,416 | +50.4% |
| Non-recurring operating charges | 66A | €53,396 | €13,397 | -€39,998 | -74.9% |
| Gross operating margin | 9900 | €1,406,504 | €1,421,536 | +€15,032 | +1.1% |
| Operating profit (loss) | 9901 | €123,938 | €203,185 | +€79,248 | +63.9% |
| Financial income | 75/76B | €165 | €643 | +€478 | +289.9% |
| Recurring financial income | 75 | €165 | €643 | +€478 | +289.9% |
| Financial charges | 65/66B | €87,474 | €81,159 | -€6,315 | -7.2% |
| Recurring financial charges | 65 | €87,474 | €81,159 | -€6,315 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €36,628 | €122,669 | +€86,041 | +234.9% |
| Income taxes | 67/77 | €267 | €243 | -€24 | -9.0% |
| Profit (loss) for the period | 9904 | €36,361 | €122,426 | +€86,065 | +236.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,361 | €122,426 | +€86,065 | +236.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.