Super Express: what changed
Two fiscal 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.
Super Express
Largest movements
- Tangible fixed assets -€24,974
down €24,974 (-12.8%), from €194,652 to €169,679
of which Furniture and vehicles: -€12,505
- Receivables within one year +€19,654
up €19,654 (+43.9%), from €44,808 to €64,462
- Trade debts +€39,152
up €39,152 (+317.5%), from €12,332 to €51,484
- Debts after one year -€21,898
down €21,898 (-18.6%), from €117,511 to €95,613
- Reserves -€17,818
down €17,818 (-7.2%), from €249,032 to €231,214
of which Distributable reserves: -€17,818
- Gross operating margin -€22,514
down €22,514 (-1.5%), from €1.5m to €1.5m
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.
Cash bridge derived
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 | €478,444 | €470,799 | -€7,644 | -1.6% |
| Fixed assets | 21/28 | €194,652 | €169,679 | -€24,974 | -12.8% |
| Tangible fixed assets | 22/27 | €194,652 | €169,679 | -€24,974 | -12.8% |
| Land and buildings | 22 | €149,236 | €136,768 | -€12,469 | -8.4% |
| Furniture and vehicles | 24 | €45,416 | €32,911 | -€12,505 | -27.5% |
| Current assets | 29/58 | €283,791 | €301,120 | +€17,329 | +6.1% |
| Amounts receivable within one year | 40/41 | €44,808 | €64,462 | +€19,654 | +43.9% |
| Trade receivables | 40 | €44,808 | €64,462 | +€19,654 | +43.9% |
| Current investments | 50/53 | €35,000 | €35,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €203,983 | €201,658 | -€2,324 | -1.1% |
| Total equity and liabilities | 10/49 | €478,444 | €470,799 | -€7,644 | -1.6% |
| Equity | 10/15 | €259,035 | €241,214 | -€17,821 | -6.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €249,032 | €231,214 | -€17,818 | -7.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €247,032 | €229,214 | -€17,818 | -7.2% |
| Profit (loss) carried forward | 14 | €3 | - | -€3 | |
| Amounts payable | 17/49 | €219,409 | €229,585 | +€10,177 | +4.6% |
| Amounts payable after more than one year | 17 | €117,511 | €95,613 | -€21,898 | -18.6% |
| Financial debts | 170/4 | €117,511 | €95,613 | -€21,898 | -18.6% |
| Amounts payable within one year | 42/48 | €101,898 | €133,972 | +€32,075 | +31.5% |
| Current portion of amounts payable after more than one year | 42 | €21,442 | €21,898 | +€456 | +2.1% |
| Trade debts | 44 | €12,332 | €51,484 | +€39,152 | +317.5% |
| Suppliers | 440/4 | €12,332 | €51,484 | +€39,152 | +317.5% |
| Taxes, remuneration and social security | 45 | €52,701 | €49,899 | -€2,802 | -5.3% |
| Taxes | 450/3 | €20,897 | €15,781 | -€5,115 | -24.5% |
| Remuneration and social security | 454/9 | €31,804 | €34,117 | +€2,313 | +7.3% |
| Other amounts payable | 47/48 | €15,423 | €10,692 | -€4,731 | -30.7% |
| Remuneration, social security and pensions | 62 | €1,412,773 | €1,408,511 | -€4,262 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,584 | €24,974 | +€390 | +1.6% |
| Other operating charges | 640/8 | €2,601 | €4,000 | +€1,399 | +53.8% |
| Gross operating margin | 9900 | €1,498,037 | €1,475,523 | -€22,514 | -1.5% |
| Operating profit (loss) | 9901 | €58,079 | €38,038 | -€20,041 | -34.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,731 | €3,148 | -€1,584 | -33.5% |
| Recurring financial charges | 65 | €4,731 | €3,148 | -€1,584 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €53,348 | €34,890 | -€18,457 | -34.6% |
| Income taxes | 67/77 | €20,897 | €15,781 | -€5,115 | -24.5% |
| Profit (loss) for the period | 9904 | €32,451 | €19,109 | -€13,342 | -41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,451 | €19,109 | -€13,342 | -41.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.