Ontime Transport: what changed
What changed
Ontime Transport
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
€60,128
2024 · €440+€59,688
Equity
€397,177
2024 · €337,050+€60,128
Cash
€35,842
2024 · €24,441+€11,401
Balance sheet total
€630,292
2024 · €623,848+€6,444
Largest movements
Assets
- Tangible fixed assets -€25,560
down €25,560 (-14.8%), from €172,206 to €146,646
of which Leasing and similar rights: -€27,700
- Receivables within one year +€21,803
up €21,803 (+5.8%), from €378,124 to €399,928
of which Other amounts receivable: +€20,359
- Cash +€11,401
up €11,401 (+46.6%), from €24,441 to €35,842
mainly Net result for the year (+€60,128) and Depreciation (+€48,434)
Equity and liabilities
- Profit (loss) carried forward +€60,128
up €60,128 (+51.2%), from €117,326 to €177,454
- Debts after one year -€47,562
down €47,562 (-44.2%), from €107,600 to €60,039
- Current portion of long-term debt -€25,816
down €25,816 (-27.4%), from €94,234 to €68,417
- Tax, wage and social debts +€14,749
up €14,749 (+85.1%), from €17,339 to €32,089
of which Taxes: +€20,495
Income statement
- Staff costs -€68,041
down €68,041 (-65.0%), from €104,669 to €36,628
- Gross operating margin +€17,813
up €17,813 (+9.1%), from €196,326 to €214,139
- Taxes +€14,726
up €14,726 (+600%), from €2,453 to €17,179
- Other operating charges -€9,732
down €9,732 (-40.8%), from €23,871 to €14,139
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
€440
Gross operating margin
+€17,813
Staff costs
+€68,041
Depreciation
+€596
Other operating charges
+€9,732
Other operating items
-€22,176
Financial income
-€27
Financial charges
+€434
Taxes
-€14,726
Result 2025
€60,128
raises the resultlowers the resultnot broken down further in the accounts
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
+€106,453
Investment
-€21,674
Financing
-€73,378
Cash 2024
€24,441
From operations (derived)
+€106,453
Net result for the year
+€60,128
Depreciation
+€48,434
Receivables within one year
-€21,803
Trade debts
+€4,946
Tax, wage and social debts
+€14,749
Investment (derived)
-€21,674
Investment in fixed assets (net)
-€21,674
Financing
-€73,378
Debts after one year
-€47,562
Current portion of long-term debt
-€25,816
Cash 2025
€35,842
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €623,848 | €630,292 | +€6,444 | +1.0% |
| Fixed assets | 21/28 | €176,283 | €149,523 | -€26,760 | -15.2% |
| Intangible fixed assets | 21 | €3,600 | €2,400 | -€1,200 | -33.3% |
| Tangible fixed assets | 22/27 | €172,206 | €146,646 | -€25,560 | -14.8% |
| Plant, machinery and equipment | 23 | €1,165 | €2,088 | +€922 | +79.2% |
| Furniture and vehicles | 24 | €71,169 | €72,386 | +€1,217 | +1.7% |
| Leasing and similar rights | 25 | €99,872 | €72,172 | -€27,700 | -27.7% |
| Financial fixed assets | 28 | €477 | €477 | = | 0.0% |
| Current assets | 29/58 | €447,565 | €480,770 | +€33,205 | +7.4% |
| Stocks and contracts in progress | 3 | €45,000 | €45,000 | = | 0.0% |
| Stocks | 30/36 | €45,000 | €45,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €378,124 | €399,928 | +€21,803 | +5.8% |
| Trade receivables | 40 | €69,404 | €70,848 | +€1,445 | +2.1% |
| Other amounts receivable | 41 | €308,721 | €329,080 | +€20,359 | +6.6% |
| Cash at bank and in hand | 54/58 | €24,441 | €35,842 | +€11,401 | +46.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €623,848 | €630,292 | +€6,444 | +1.0% |
| Equity | 10/15 | €337,050 | €397,177 | +€60,128 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201,123 | €201,123 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €199,263 | €199,263 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,326 | €177,454 | +€60,128 | +51.2% |
| Amounts payable | 17/49 | €286,798 | €233,115 | -€53,683 | -18.7% |
| Amounts payable after more than one year | 17 | €107,600 | €60,039 | -€47,562 | -44.2% |
| Financial debts | 170/4 | €107,600 | €60,039 | -€47,562 | -44.2% |
| Amounts payable within one year | 42/48 | €179,198 | €173,077 | -€6,122 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €94,234 | €68,417 | -€25,816 | -27.4% |
| Trade debts | 44 | €67,625 | €72,570 | +€4,946 | +7.3% |
| Suppliers | 440/4 | €67,625 | €72,570 | +€4,946 | +7.3% |
| Taxes, remuneration and social security | 45 | €17,339 | €32,089 | +€14,749 | +85.1% |
| Taxes | 450/3 | €7,007 | €27,502 | +€20,495 | +293% |
| Remuneration and social security | 454/9 | €10,333 | €4,586 | -€5,746 | -55.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €104,669 | €36,628 | -€68,041 | -65.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,030 | €48,434 | -€596 | -1.2% |
| Other operating charges | 640/8 | €23,871 | €14,139 | -€9,732 | -40.8% |
| Non-recurring operating charges | 66A | - | €22,176 | +€22,176 | |
| Gross operating margin | 9900 | €196,326 | €214,139 | +€17,813 | +9.1% |
| Operating profit (loss) | 9901 | €18,756 | €92,763 | +€74,007 | +395% |
| Financial income | 75/76B | €308 | €280 | -€27 | -8.9% |
| Recurring financial income | 75 | €308 | €280 | -€27 | -8.9% |
| Financial charges | 65/66B | €16,171 | €15,737 | -€434 | -2.7% |
| Recurring financial charges | 65 | €16,171 | €15,737 | -€434 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €2,893 | €77,307 | +€74,414 | +2,572% |
| Income taxes | 67/77 | €2,453 | €17,179 | +€14,726 | +600% |
| Profit (loss) for the period | 9904 | €440 | €60,128 | +€59,688 | +13,573% |
| Profit (loss) for the period to be appropriated | 9905 | €440 | €60,128 | +€59,688 | +13,573% |
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 4 November 2026 via checked.be.