SUR LA ROUTE: 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.
SUR LA ROUTE
Largest movements
- Cash +€25,600
up €25,600 (+512%), from €5,001 to €30,601
mainly Depreciation (+€14,131) and Receivables within one year (+€11,850)
- Receivables within one year -€11,850
down €11,850 (-26.1%), from €45,332 to €33,482
of which Trade receivables: -€12,272
- Tangible fixed assets -€4,809
down €4,809 (-2.7%), from €178,467 to €173,658
of which Plant, machinery and equipment: -€6,705
- Reserves +€8,509
up €8,509 (+11.5%), from €73,771 to €82,280
of which Distributable reserves: +€8,509
- Tax, wage and social debts +€5,816
up €5,816 (+1,915%), from €304 to €6,120
- Accrued charges and deferred income -€3,898
down €3,898 (-49.3%), from €7,912 to €4,014
- Financial charges -€55,705
down €55,705 (-93.1%), from €59,822 to €4,117
- Gross operating margin -€2,103
down €2,103 (-6.9%), from €30,483 to €28,381
- Depreciation +€1,950
up €1,950 (+16.0%), from €12,180 to €14,131
- Taxes +€950
new in 2025: €950
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 | €228,880 | €238,000 | +€9,120 | +4.0% |
| Fixed assets | 21/28 | €178,547 | €173,738 | -€4,809 | -2.7% |
| Tangible fixed assets | 22/27 | €178,467 | €173,658 | -€4,809 | -2.7% |
| Land and buildings | 22 | €87,831 | €83,304 | -€4,526 | -5.2% |
| Plant, machinery and equipment | 23 | €89,814 | €83,109 | -€6,705 | -7.5% |
| Furniture and vehicles | 24 | €822 | €7,244 | +€6,422 | +782% |
| Financial fixed assets | 28 | €81 | €81 | = | 0.0% |
| Current assets | 29/58 | €50,333 | €64,262 | +€13,929 | +27.7% |
| Amounts receivable within one year | 40/41 | €45,332 | €33,482 | -€11,850 | -26.1% |
| Trade receivables | 40 | €21,000 | €8,728 | -€12,272 | -58.4% |
| Other amounts receivable | 41 | €24,332 | €24,754 | +€422 | +1.7% |
| Cash at bank and in hand | 54/58 | €5,001 | €30,601 | +€25,600 | +512% |
| Deferred charges and accrued income | 490/1 | €0 | €179 | +€179 | +447,700% |
| Total equity and liabilities | 10/49 | €228,880 | €238,000 | +€9,120 | +4.0% |
| Equity | 10/15 | €56,425 | €64,934 | +€8,509 | +15.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €73,771 | €82,280 | +€8,509 | +11.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €71,916 | €80,425 | +€8,509 | +11.8% |
| Profit (loss) carried forward | 14 | -€23,546 | -€23,546 | = | 0.0% |
| Amounts payable | 17/49 | €172,455 | €173,066 | +€611 | +0.4% |
| Amounts payable within one year | 42/48 | €164,543 | €169,052 | +€4,509 | +2.7% |
| Trade debts | 44 | €5,188 | €4,208 | -€979 | -18.9% |
| Suppliers | 440/4 | €5,188 | €4,208 | -€979 | -18.9% |
| Taxes, remuneration and social security | 45 | €304 | €6,120 | +€5,816 | +1,915% |
| Taxes | 450/3 | €304 | €6,120 | +€5,816 | +1,915% |
| Other amounts payable | 47/48 | €159,051 | €158,724 | -€328 | -0.2% |
| Accrued charges and deferred income | 492/3 | €7,912 | €4,014 | -€3,898 | -49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,180 | €14,131 | +€1,950 | +16.0% |
| Other operating charges | 640/8 | €711 | €673 | -€38 | -5.4% |
| Gross operating margin | 9900 | €30,483 | €28,381 | -€2,103 | -6.9% |
| Operating profit (loss) | 9901 | €17,592 | €13,577 | -€4,015 | -22.8% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.6% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.6% |
| Financial charges | 65/66B | €59,822 | €4,117 | -€55,705 | -93.1% |
| Recurring financial charges | 65 | €59,822 | €4,117 | -€55,705 | -93.1% |
| Profit (loss) for the period before taxes | 9903 | -€42,227 | €9,460 | +€51,687 | |
| Income taxes | 67/77 | - | €950 | +€950 | |
| Profit (loss) for the period | 9904 | -€42,227 | €8,509 | +€50,737 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,227 | €8,509 | +€50,737 |
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 14 October 2026 via checked.be.