NA 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.
NA Transport
Largest movements
- Cash +€11,699
up €11,699 (+12.3%), from €94,966 to €106,665
mainly Net result for the year (+€11,392) and Trade debts (+€5,910)
- Receivables within one year +€5,947
up €5,947 (+14.2%), from €41,932 to €47,879
of which Trade receivables: +€5,904
- Tangible fixed assets -€5,601
down €5,601 (-76.0%), from €7,368 to €1,767
- Deferred charges and accrued income -€1,959
no longer reported in 2025 (was €1,959)
- Profit (loss) carried forward +€11,392
up €11,392 (+11.1%), from €102,917 to €114,309
- Trade debts +€5,910
up €5,910 (+20.3%), from €29,113 to €35,023
- Tax, wage and social debts -€5,005
down €5,005 (-16.6%), from €30,155 to €25,150
of which Remuneration and social security: -€7,062
- Other debts -€2,210
down €2,210 (-51.3%), from €4,311 to €2,100
- Gross operating margin +€66,672
up €66,672 (+35.9%), from €185,936 to €252,608
- Staff costs +€28,605
up €28,605 (+14.3%), from €199,844 to €228,449
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,497 | €186,583 | +€10,086 | +5.7% |
| Fixed assets | 21/28 | €37,640 | €32,039 | -€5,601 | -14.9% |
| Tangible fixed assets | 22/27 | €7,368 | €1,767 | -€5,601 | -76.0% |
| Furniture and vehicles | 24 | €7,368 | €1,767 | -€5,601 | -76.0% |
| Financial fixed assets | 28 | €30,272 | €30,272 | = | 0.0% |
| Current assets | 29/58 | €138,857 | €154,544 | +€15,687 | +11.3% |
| Amounts receivable within one year | 40/41 | €41,932 | €47,879 | +€5,947 | +14.2% |
| Trade receivables | 40 | €41,702 | €47,606 | +€5,904 | +14.2% |
| Other amounts receivable | 41 | €229 | €273 | +€44 | +19.1% |
| Cash at bank and in hand | 54/58 | €94,966 | €106,665 | +€11,699 | +12.3% |
| Deferred charges and accrued income | 490/1 | €1,959 | - | -€1,959 | |
| Total equity and liabilities | 10/49 | €176,497 | €186,583 | +€10,086 | +5.7% |
| Equity | 10/15 | €112,917 | €124,309 | +€11,392 | +10.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,917 | €114,309 | +€11,392 | +11.1% |
| Amounts payable | 17/49 | €63,579 | €62,274 | -€1,306 | -2.1% |
| Amounts payable within one year | 42/48 | €63,579 | €62,274 | -€1,306 | -2.1% |
| Trade debts | 44 | €29,113 | €35,023 | +€5,910 | +20.3% |
| Suppliers | 440/4 | €29,113 | €35,023 | +€5,910 | +20.3% |
| Taxes, remuneration and social security | 45 | €30,155 | €25,150 | -€5,005 | -16.6% |
| Taxes | 450/3 | €3,586 | €5,643 | +€2,056 | +57.3% |
| Remuneration and social security | 454/9 | €26,569 | €19,508 | -€7,062 | -26.6% |
| Other amounts payable | 47/48 | €4,311 | €2,100 | -€2,210 | -51.3% |
| Non-recurring operating income | 76A | €118 | - | -€118 | |
| Remuneration, social security and pensions | 62 | €199,844 | €228,449 | +€28,605 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,586 | €5,601 | +€2,015 | +56.2% |
| Other operating charges | 640/8 | €4,356 | €3,028 | -€1,328 | -30.5% |
| Gross operating margin | 9900 | €185,936 | €252,608 | +€66,672 | +35.9% |
| Operating profit (loss) | 9901 | -€21,850 | €15,530 | +€37,380 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €3,519 | €4,141 | +€622 | +17.7% |
| Recurring financial charges | 65 | €3,519 | €4,141 | +€622 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,368 | €11,392 | +€36,760 | |
| Profit (loss) for the period | 9904 | -€25,368 | €11,392 | +€36,760 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,368 | €11,392 | +€36,760 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.