NEFES 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.
NEFES TRANSPORT
Largest movements
- Cash +€68,316
up €68,316 (+1,063%), from €6,427 to €74,744
mainly Tax, wage and social debts (+€79,193) and Net result for the year (+€35,175)
- Financial fixed assets +€20,500
new in 2025: €20,500
- Receivables within one year -€14,610
down €14,610 (-49.6%), from €29,454 to €14,843
of which Other amounts receivable: -€13,914
- Tangible fixed assets +€9,018
up €9,018 (+27,928%), from €32 to €9,050
- Deferred charges and accrued income +€2,411
up €2,411 (+357%), from €675 to €3,086
- Tax, wage and social debts +€79,193
up €79,193 (+332%), from €23,826 to €103,018
of which Taxes: +€43,718
- Trade debts +€6,442
up €6,442 (+135%), from €4,763 to €11,205
- Gross operating margin +€208,821
up €208,821 (+517%), from €40,394 to €249,215
- Staff costs +€139,088
up €139,088 (+1,356%), from €10,259 to €149,348
- Other operating charges +€22,490
up €22,490 (+156%), from €14,389 to €36,879
- Taxes +€11,313
up €11,313 (+361%), from €3,133 to €14,445
- Financial charges +€6,572
up €6,572 (+113%), from €5,814 to €12,386
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 | €36,588 | €122,223 | +€85,635 | +234% |
| Fixed assets | 21/28 | €32 | €29,550 | +€29,518 | +91,415% |
| Tangible fixed assets | 22/27 | €32 | €9,050 | +€9,018 | +27,928% |
| Furniture and vehicles | 24 | €32 | €9,050 | +€9,018 | +27,928% |
| Financial fixed assets | 28 | - | €20,500 | +€20,500 | |
| Current assets | 29/58 | €36,556 | €92,673 | +€56,117 | +154% |
| Amounts receivable within one year | 40/41 | €29,454 | €14,843 | -€14,610 | -49.6% |
| Trade receivables | 40 | €2,536 | €1,839 | -€696 | -27.5% |
| Other amounts receivable | 41 | €26,918 | €13,004 | -€13,914 | -51.7% |
| Cash at bank and in hand | 54/58 | €6,427 | €74,744 | +€68,316 | +1,063% |
| Deferred charges and accrued income | 490/1 | €675 | €3,086 | +€2,411 | +357% |
| Total equity and liabilities | 10/49 | €36,588 | €122,223 | +€85,635 | +234% |
| Equity | 10/15 | €8,000 | €8,000 | = | 0.0% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Amounts payable | 17/49 | €28,588 | €114,223 | +€85,635 | +300% |
| Amounts payable within one year | 42/48 | €28,588 | €114,223 | +€85,635 | +300% |
| Trade debts | 44 | €4,763 | €11,205 | +€6,442 | +135% |
| Suppliers | 440/4 | €4,763 | €11,205 | +€6,442 | +135% |
| Taxes, remuneration and social security | 45 | €23,826 | €103,018 | +€79,193 | +332% |
| Taxes | 450/3 | €19,299 | €63,016 | +€43,718 | +227% |
| Remuneration and social security | 454/9 | €4,527 | €40,002 | +€35,475 | +784% |
| Remuneration, social security and pensions | 62 | €10,259 | €149,348 | +€139,088 | +1,356% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €809 | €982 | +€173 | +21.4% |
| Other operating charges | 640/8 | €14,389 | €36,879 | +€22,490 | +156% |
| Gross operating margin | 9900 | €40,394 | €249,215 | +€208,821 | +517% |
| Operating profit (loss) | 9901 | €14,937 | €62,006 | +€47,069 | +315% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,814 | €12,386 | +€6,572 | +113% |
| Recurring financial charges | 65 | €5,814 | €12,386 | +€6,572 | +113% |
| Profit (loss) for the period before taxes | 9903 | €9,123 | €49,620 | +€40,497 | +444% |
| Income taxes | 67/77 | €3,133 | €14,445 | +€11,313 | +361% |
| Profit (loss) for the period | 9904 | €5,990 | €35,175 | +€29,185 | +487% |
| Profit (loss) for the period to be appropriated | 9905 | €5,990 | €35,175 | +€29,185 | +487% |
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 27 October 2026 via checked.be.