S 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.
S TRANSPORT
Largest movements
- Receivables within one year +€41,880
up €41,880 (+181%), from €23,184 to €65,065
- Tangible fixed assets -€6,944
down €6,944 (-77.3%), from €8,977 to €2,034
of which Leasing and similar rights: -€4,867
- Cash -€6,700
down €6,700 (-99.7%), from €6,720 to €20
mainly Receivables within one year (-€41,880) and Tax, wage and social debts (-€1,064)
- Profit (loss) carried forward +€12,094
up €12,094 (+460%), from €2,630 to €14,724
- Other debts +€11,863
up €11,863 (+140%), from €8,477 to €20,339
- Trade debts +€5,907
up €5,907 (+54.2%), from €10,894 to €16,802
- Tax, wage and social debts -€1,064
down €1,064 (-24.5%), from €4,351 to €3,287
of which Taxes: -€1,027
- Debts after one year -€841
no longer reported in 2025 (was €841)
- Turnover +€55,026
up €55,026 (+32.7%), from €168,059 to €223,085
- Purchases and services +€42,432
up €42,432 (+28.1%), from €150,957 to €193,389
- Staff costs -€16,112
down €16,112 (-92.0%), from €17,512 to €1,401
- Gross operating margin +€5,278
up €5,278 (+21.6%), from €24,419 to €29,697
- Taxes +€3,423
new in 2025: €3,423
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 | €38,881 | €67,118 | +€28,237 | +72.6% |
| Fixed assets | 21/28 | €8,977 | €2,034 | -€6,944 | -77.3% |
| Tangible fixed assets | 22/27 | €8,977 | €2,034 | -€6,944 | -77.3% |
| Plant, machinery and equipment | 23 | €4,110 | €2,034 | -€2,076 | -50.5% |
| Leasing and similar rights | 25 | €4,867 | - | -€4,867 | |
| Current assets | 29/58 | €29,904 | €65,084 | +€35,180 | +118% |
| Amounts receivable within one year | 40/41 | €23,184 | €65,065 | +€41,880 | +181% |
| Trade receivables | 40 | €23,184 | €65,065 | +€41,880 | +181% |
| Cash at bank and in hand | 54/58 | €6,720 | €20 | -€6,700 | -99.7% |
| Total equity and liabilities | 10/49 | €38,881 | €67,118 | +€28,237 | +72.6% |
| Equity | 10/15 | €7,130 | €19,224 | +€12,094 | +170% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,630 | €14,724 | +€12,094 | +460% |
| Amounts payable | 17/49 | €31,751 | €47,894 | +€16,143 | +50.8% |
| Amounts payable after more than one year | 17 | €841 | - | -€841 | |
| Financial debts | 170/4 | €841 | - | -€841 | |
| Amounts payable within one year | 42/48 | €30,910 | €47,894 | +€16,985 | +54.9% |
| Current portion of amounts payable after more than one year | 42 | €7,188 | €7,392 | +€203 | +2.8% |
| Financial debts | 43 | - | €75 | +€75 | |
| Credit institutions | 430/8 | - | €75 | +€75 | |
| Trade debts | 44 | €10,894 | €16,802 | +€5,907 | +54.2% |
| Suppliers | 440/4 | €10,894 | €16,802 | +€5,907 | +54.2% |
| Taxes, remuneration and social security | 45 | €4,351 | €3,287 | -€1,064 | -24.5% |
| Taxes | 450/3 | €4,314 | €3,287 | -€1,027 | -23.8% |
| Remuneration and social security | 454/9 | €37 | - | -€37 | |
| Other amounts payable | 47/48 | €8,477 | €20,339 | +€11,863 | +140% |
| Turnover | 70 | €168,059 | €223,085 | +€55,026 | +32.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €150,957 | €193,389 | +€42,432 | +28.1% |
| Remuneration, social security and pensions | 62 | €17,512 | €1,401 | -€16,112 | -92.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,207 | €6,944 | -€3,263 | -32.0% |
| Other operating charges | 640/8 | €2,611 | €3,238 | +€627 | +24.0% |
| Gross operating margin | 9900 | €24,419 | €29,697 | +€5,278 | +21.6% |
| Operating profit (loss) | 9901 | -€5,911 | €18,114 | +€24,026 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,463 | €2,597 | +€1,134 | +77.5% |
| Recurring financial charges | 65 | €1,463 | €2,597 | +€1,134 | +77.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,375 | €15,517 | +€22,892 | |
| Income taxes | 67/77 | - | €3,423 | +€3,423 | |
| Profit (loss) for the period | 9904 | -€7,375 | €12,094 | +€19,468 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,375 | €12,094 | +€19,468 |
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 31 October 2026 via checked.be.