Sutrans: 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.
What changed
Sutrans
NACE 49.410, Freight transport by road
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€68,015
2024 · €627,725-€559,710
Equity
€46.8m
2024 · €46.7m+€68,015
Cash
€69
2024 · €185-€116
Balance sheet total
€49.9m
2024 · €50.8m-€953,754
Largest movements
Assets
- Tangible fixed assets -€875,610
down €875,610 (-10.3%), from €8.5m to €7.6m
Equity and liabilities
- Trade debts -€1.0m
down €1.0m (-30.8%), from €3.3m to €2.3m
Income statement
- Turnover -€745,419
down €745,419 (-4.0%), from €18.6m to €17.9m
- Staff costs -€530,042
down €530,042 (-9.2%), from €5.8m to €5.2m
- Services and other goods +€316,609
up €316,609 (+3.1%), from €10.4m to €10.7m
- Depreciation +€248,642
up €248,642 (+16.6%), from €1.5m to €1.7m
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.
Result 2024
€627,725
Turnover
-€745,419
Other operating income
+€14,631
Services and other goods
-€316,609
Staff costs
+€530,042
Depreciation
-€248,642
Other operating charges
+€27,492
Other operating items
+€20,900
Financial income
-€3,447
Financial charges
-€118
Taxes
+€161,460
Result 2025
€68,015
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.
From operations
+€877,845
Investment
-€877,961
Financing
€0
Cash 2024
€185
From operations (derived)
+€877,845
Net result for the year
+€68,015
Depreciation
+€1.7m
Receivables within one year
+€100,811
Deferred charges and accrued income
-€14,462
Trade debts
-€1.0m
Tax, wage and social debts
-€16,104
Accrued charges and deferred income
-€497
Investment (derived)
-€877,961
Investment in fixed assets (net)
-€877,961
Cash 2025
€69
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,826,298 | €49,872,543 | -€953,754 | -1.9% |
| Fixed assets | 21/28 | €50,208,159 | €49,340,869 | -€867,290 | -1.7% |
| Tangible fixed assets | 22/27 | €8,509,587 | €7,633,978 | -€875,610 | -10.3% |
| Furniture and vehicles | 24 | €8,509,587 | €7,633,978 | -€875,610 | -10.3% |
| Financial fixed assets | 28 | €41,698,571 | €41,706,891 | +€8,320 | 0.0% |
| Affiliated companies | 280/1 | €41,620,677 | €41,620,677 | = | 0.0% |
| Participating interests | 280 | €41,620,677 | €41,620,677 | = | 0.0% |
| Other financial fixed assets | 284/8 | €77,894 | €86,214 | +€8,320 | +10.7% |
| Amounts receivable and cash guarantees | 285/8 | €77,894 | €86,214 | +€8,320 | +10.7% |
| Current assets | 29/58 | €618,139 | €531,674 | -€86,465 | -14.0% |
| Amounts receivable within one year | 40/41 | €617,954 | €517,143 | -€100,811 | -16.3% |
| Trade receivables | 40 | €102,743 | €142,453 | +€39,710 | +38.6% |
| Other amounts receivable | 41 | €515,211 | €374,690 | -€140,521 | -27.3% |
| Cash at bank and in hand | 54/58 | €185 | €69 | -€116 | -62.8% |
| Deferred charges and accrued income | 490/1 | - | €14,462 | +€14,462 | |
| Total equity and liabilities | 10/49 | €50,826,298 | €49,872,543 | -€953,754 | -1.9% |
| Equity | 10/15 | €46,743,096 | €46,811,111 | +€68,015 | +0.1% |
| Contributions | 10/11 | €21,168,713 | €21,168,713 | = | 0.0% |
| Capital | 10 | €21,168,713 | €21,168,713 | = | 0.0% |
| Issued capital | 100 | €21,168,713 | €21,168,713 | = | 0.0% |
| Reserves | 13 | €1,487,327 | €1,492,327 | +€5,000 | +0.3% |
| Non-distributable reserves | 130/1 | €1,454,921 | €1,459,921 | +€5,000 | +0.3% |
| Legal reserve | 130 | €1,066,201 | €1,071,201 | +€5,000 | +0.5% |
| Other | 1319 | €388,720 | €388,720 | = | 0.0% |
| Distributable reserves | 133 | €32,406 | €32,406 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,087,057 | €24,150,071 | +€63,015 | +0.3% |
| Amounts payable | 17/49 | €4,083,201 | €3,061,432 | -€1.0m | -25.0% |
| Amounts payable within one year | 42/48 | €4,078,693 | €3,057,421 | -€1.0m | -25.0% |
| Trade debts | 44 | €3,259,766 | €2,254,598 | -€1.0m | -30.8% |
| Suppliers | 440/4 | €3,259,766 | €2,254,598 | -€1.0m | -30.8% |
| Taxes, remuneration and social security | 45 | €818,927 | €802,823 | -€16,104 | -2.0% |
| Taxes | 450/3 | €169,891 | €213,674 | +€43,782 | +25.8% |
| Remuneration and social security | 454/9 | €649,036 | €589,149 | -€59,887 | -9.2% |
| Accrued charges and deferred income | 492/3 | €4,508 | €4,011 | -€497 | -11.0% |
| Operating income | 70/76A | €19,111,520 | €18,401,631 | -€709,889 | -3.7% |
| Turnover | 70 | €18,603,332 | €17,857,913 | -€745,419 | -4.0% |
| Other operating income | 74 | €452,588 | €467,219 | +€14,631 | +3.2% |
| Non-recurring operating income | 76A | €55,600 | €76,500 | +€20,900 | +37.6% |
| Operating charges | 60/66A | €18,257,582 | €18,265,300 | +€7,717 | 0.0% |
| Services and other goods | 61 | €10,362,281 | €10,678,890 | +€316,609 | +3.1% |
| Remuneration, social security and pensions | 62 | €5,780,003 | €5,249,960 | -€530,042 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,496,609 | €1,745,251 | +€248,642 | +16.6% |
| Other operating charges | 640/8 | €618,690 | €591,198 | -€27,492 | -4.4% |
| Operating profit (loss) | 9901 | €853,938 | €136,332 | -€717,606 | -84.0% |
| Financial income | 75/76B | €9,027 | €5,580 | -€3,447 | -38.2% |
| Recurring financial income | 75 | €9,027 | €5,580 | -€3,447 | -38.2% |
| Income from current assets | 751 | €9,027 | €5,580 | -€3,447 | -38.2% |
| Other financial income | 752/9 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,492 | €1,610 | +€118 | +7.9% |
| Recurring financial charges | 65 | €1,492 | €1,610 | +€118 | +7.9% |
| Debt charges | 650 | €179 | €2 | -€177 | -99.0% |
| Other financial charges | 652/9 | €1,314 | €1,608 | +€294 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | €861,472 | €140,302 | -€721,170 | -83.7% |
| Income taxes | 67/77 | €233,747 | €72,287 | -€161,460 | -69.1% |
| Taxes | 670/3 | €243,000 | €72,287 | -€170,713 | -70.3% |
| Tax adjustments and reversals of tax provisions | 77 | €9,253 | - | -€9,253 | |
| Profit (loss) for the period | 9904 | €627,725 | €68,015 | -€559,710 | -89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €627,725 | €68,015 | -€559,710 | -89.2% |
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 4 October 2026 via checked.be.