S-B 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.
S-B Trans
Largest movements
- Tangible fixed assets +€219,611
up €219,611 (+23.5%), from €934,408 to €1.2m
of which Leasing and similar rights: +€223,094
- Receivables within one year +€96,020
up €96,020 (+66.7%), from €143,966 to €239,986
of which Trade receivables: +€148,321
- Cash +€38,479
up €38,479 (+51.9%), from €74,106 to €112,586
mainly Depreciation (+€282,125) and Debts after one year (+€140,535)
- Deferred charges and accrued income -€28,250
down €28,250 (-56.5%), from €50,000 to €21,750
- Debts after one year +€140,535
up €140,535 (+23.0%), from €612,204 to €752,739
- Tax, wage and social debts +€88,446
up €88,446 (+208%), from €42,433 to €130,879
of which Taxes: +€79,420
- Current portion of long-term debt +€54,316
up €54,316 (+25.5%), from €212,863 to €267,179
- Reserves +€41,644
up €41,644 (+15.2%), from €274,402 to €316,046
- Gross operating margin +€292,004
up €292,004 (+40.1%), from €727,490 to €1.0m
- Depreciation +€178,027
up €178,027 (+171%), from €104,099 to €282,125
- Staff costs +€25,846
up €25,846 (+5.4%), from €474,590 to €500,436
- Taxes +€16,556
up €16,556 (+5,448%), from €304 to €16,860
- Financial charges +€16,096
up €16,096 (+61.0%), from €26,387 to €42,483
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 | €1,202,616 | €1,528,476 | +€325,860 | +27.1% |
| Fixed assets | 21/28 | €934,543 | €1,154,154 | +€219,611 | +23.5% |
| Tangible fixed assets | 22/27 | €934,408 | €1,154,019 | +€219,611 | +23.5% |
| Land and buildings | 22 | - | €1,554 | +€1,554 | |
| Plant, machinery and equipment | 23 | €9,107 | €13,036 | +€3,929 | +43.1% |
| Furniture and vehicles | 24 | €43,538 | €34,572 | -€8,966 | -20.6% |
| Leasing and similar rights | 25 | €881,763 | €1,104,858 | +€223,094 | +25.3% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €268,073 | €374,322 | +€106,249 | +39.6% |
| Amounts receivable within one year | 40/41 | €143,966 | €239,986 | +€96,020 | +66.7% |
| Trade receivables | 40 | €82,355 | €230,676 | +€148,321 | +180% |
| Other amounts receivable | 41 | €61,611 | €9,310 | -€52,301 | -84.9% |
| Cash at bank and in hand | 54/58 | €74,106 | €112,586 | +€38,479 | +51.9% |
| Deferred charges and accrued income | 490/1 | €50,000 | €21,750 | -€28,250 | -56.5% |
| Total equity and liabilities | 10/49 | €1,202,616 | €1,528,476 | +€325,860 | +27.1% |
| Equity | 10/15 | €279,402 | €321,046 | +€41,644 | +14.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €274,402 | €316,046 | +€41,644 | +15.2% |
| Distributable reserves | 133 | €274,402 | €316,046 | +€41,644 | +15.2% |
| Amounts payable | 17/49 | €923,214 | €1,207,430 | +€284,216 | +30.8% |
| Amounts payable after more than one year | 17 | €612,204 | €752,739 | +€140,535 | +23.0% |
| Financial debts | 170/4 | €612,204 | €752,739 | +€140,535 | +23.0% |
| Amounts payable within one year | 42/48 | €311,010 | €454,691 | +€143,682 | +46.2% |
| Current portion of amounts payable after more than one year | 42 | €212,863 | €267,179 | +€54,316 | +25.5% |
| Trade debts | 44 | €55,714 | €48,418 | -€7,296 | -13.1% |
| Suppliers | 440/4 | €55,714 | €48,418 | -€7,296 | -13.1% |
| Taxes, remuneration and social security | 45 | €42,433 | €130,879 | +€88,446 | +208% |
| Taxes | 450/3 | €11,555 | €90,975 | +€79,420 | +687% |
| Remuneration and social security | 454/9 | €30,878 | €39,904 | +€9,027 | +29.2% |
| Other amounts payable | 47/48 | - | €8,215 | +€8,215 | |
| Remuneration, social security and pensions | 62 | €474,590 | €500,436 | +€25,846 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,099 | €282,125 | +€178,027 | +171% |
| Other operating charges | 640/8 | €67,045 | €80,992 | +€13,946 | +20.8% |
| Non-recurring operating charges | 66A | €5,917 | €64 | -€5,853 | -98.9% |
| Gross operating margin | 9900 | €727,490 | €1,019,494 | +€292,004 | +40.1% |
| Operating profit (loss) | 9901 | €75,838 | €155,876 | +€80,038 | +106% |
| Financial income | 75/76B | €4,988 | €110 | -€4,878 | -97.8% |
| Recurring financial income | 75 | €4,988 | €110 | -€4,878 | -97.8% |
| Financial charges | 65/66B | €26,387 | €42,483 | +€16,096 | +61.0% |
| Recurring financial charges | 65 | €26,387 | €42,483 | +€16,096 | +61.0% |
| Profit (loss) for the period before taxes | 9903 | €54,440 | €113,504 | +€59,064 | +108% |
| Income taxes | 67/77 | €304 | €16,860 | +€16,556 | +5,448% |
| Profit (loss) for the period | 9904 | €54,136 | €96,644 | +€42,508 | +78.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,136 | €96,644 | +€42,508 | +78.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.