NH TRANS: 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.
NH TRANS
Largest movements
- Cash +€11,469
up €11,469 (+161%), from €7,107 to €18,576
mainly Net result for the year (+€16,544) and Receivables within one year (+€2,725)
- Receivables within one year -€2,725
down €2,725 (-8.9%), from €30,781 to €28,057
of which Other amounts receivable: -€6,113
- Deferred charges and accrued income -€985
no longer reported in 2025 (was €985)
- Profit (loss) carried forward +€16,544
up €16,544 (+263%), from €6,292 to €22,836
- Tax, wage and social debts -€7,653
down €7,653 (-44.3%), from €17,284 to €9,630
of which Remuneration and social security: -€17,247
- Trade debts -€768
down €768 (-6.1%), from €12,562 to €11,794
- Other operating charges -€11,653
down €11,653 (-50.1%), from €23,272 to €11,618
- Gross operating margin -€758
down €758 (-2.5%), from €29,812 to €29,054
- Financial charges +€437
up €437 (+181%), from €241 to €678
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 | €39,139 | €47,260 | +€8,122 | +20.8% |
| Fixed assets | 21/28 | €265 | €627 | +€362 | +136% |
| Tangible fixed assets | 22/27 | €265 | €627 | +€362 | +136% |
| Furniture and vehicles | 24 | €265 | €627 | +€362 | +136% |
| Current assets | 29/58 | €38,873 | €46,633 | +€7,760 | +20.0% |
| Amounts receivable within one year | 40/41 | €30,781 | €28,057 | -€2,725 | -8.9% |
| Trade receivables | 40 | €20,850 | €24,239 | +€3,388 | +16.3% |
| Other amounts receivable | 41 | €9,931 | €3,818 | -€6,113 | -61.6% |
| Cash at bank and in hand | 54/58 | €7,107 | €18,576 | +€11,469 | +161% |
| Deferred charges and accrued income | 490/1 | €985 | - | -€985 | |
| Total equity and liabilities | 10/49 | €39,139 | €47,260 | +€8,122 | +20.8% |
| Equity | 10/15 | €9,292 | €25,836 | +€16,544 | +178% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,292 | €22,836 | +€16,544 | +263% |
| Amounts payable | 17/49 | €29,846 | €21,424 | -€8,422 | -28.2% |
| Amounts payable within one year | 42/48 | €29,846 | €21,424 | -€8,422 | -28.2% |
| Trade debts | 44 | €12,562 | €11,794 | -€768 | -6.1% |
| Suppliers | 440/4 | €12,562 | €11,794 | -€768 | -6.1% |
| Taxes, remuneration and social security | 45 | €17,284 | €9,630 | -€7,653 | -44.3% |
| Taxes | 450/3 | - | €9,593 | +€9,593 | |
| Remuneration and social security | 454/9 | €17,284 | €37 | -€17,247 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6 | €257 | +€251 | +3,882% |
| Other operating charges | 640/8 | €23,272 | €11,618 | -€11,653 | -50.1% |
| Gross operating margin | 9900 | €29,812 | €29,054 | -€758 | -2.5% |
| Operating profit (loss) | 9901 | €6,534 | €17,179 | +€10,645 | +163% |
| Financial income | 75/76B | - | €43 | +€43 | |
| Recurring financial income | 75 | - | €43 | +€43 | |
| Financial charges | 65/66B | €241 | €678 | +€437 | +181% |
| Recurring financial charges | 65 | €241 | €678 | +€437 | +181% |
| Profit (loss) for the period before taxes | 9903 | €6,292 | €16,544 | +€10,251 | +163% |
| Profit (loss) for the period | 9904 | €6,292 | €16,544 | +€10,251 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €6,292 | €16,544 | +€10,251 | +163% |
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 22 October 2026 via checked.be.