Total Freight Solutions: 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.
Total Freight Solutions
Largest movements
- Receivables after one year -€37,334
down €37,334 (-20.4%), from €183,068 to €145,734
- Profit (loss) carried forward -€25,871
down €25,871 (-23.4%), from €110,569 to €84,698
- Tax, wage and social debts -€8,027
no longer reported in 2025 (was €8,027)
- Trade debts -€3,916
down €3,916 (-5.6%), from €69,731 to €65,815
- Taxes +€13,097
up €13,097 (+146%), from €9,000 to €22,097
- Gross operating margin -€8,898
down €8,898, from €8,245 to -€653
- Other operating charges +€669
up €669 (+44.1%), from €1,517 to €2,186
- Financial charges +€108
up €108 (+13.0%), from €827 to €935
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 | €198,326 | €160,513 | -€37,813 | -19.1% |
| Current assets | 29/58 | €198,326 | €160,513 | -€37,813 | -19.1% |
| Amounts receivable after more than one year | 29 | €183,068 | €145,734 | -€37,334 | -20.4% |
| Other amounts receivable | 291 | €183,068 | €145,734 | -€37,334 | -20.4% |
| Amounts receivable within one year | 40/41 | €15,200 | €14,028 | -€1,172 | -7.7% |
| Trade receivables | 40 | €15,200 | €7,700 | -€7,500 | -49.3% |
| Other amounts receivable | 41 | - | €6,328 | +€6,328 | |
| Cash at bank and in hand | 54/58 | €59 | €601 | +€542 | +924% |
| Deferred charges and accrued income | 490/1 | - | €150 | +€150 | |
| Total equity and liabilities | 10/49 | €198,326 | €160,513 | -€37,813 | -19.1% |
| Equity | 10/15 | €120,569 | €94,698 | -€25,871 | -21.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Share premium | 1100/10 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,569 | €84,698 | -€25,871 | -23.4% |
| Amounts payable | 17/49 | €77,757 | €65,815 | -€11,943 | -15.4% |
| Amounts payable within one year | 42/48 | €77,757 | €65,815 | -€11,943 | -15.4% |
| Trade debts | 44 | €69,731 | €65,815 | -€3,916 | -5.6% |
| Suppliers | 440/4 | €69,731 | €65,815 | -€3,916 | -5.6% |
| Taxes, remuneration and social security | 45 | €8,027 | - | -€8,027 | |
| Taxes | 450/3 | €8,027 | - | -€8,027 | |
| Other operating charges | 640/8 | €1,517 | €2,186 | +€669 | +44.1% |
| Gross operating margin | 9900 | €8,245 | -€653 | -€8,898 | |
| Operating profit (loss) | 9901 | €6,728 | -€2,839 | -€9,567 | |
| Financial charges | 65/66B | €827 | €935 | +€108 | +13.0% |
| Recurring financial charges | 65 | €827 | €935 | +€108 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €5,901 | -€3,774 | -€9,675 | |
| Income taxes | 67/77 | €9,000 | €22,097 | +€13,097 | +146% |
| Profit (loss) for the period | 9904 | -€3,099 | -€25,871 | -€22,771 | -735% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,099 | -€25,871 | -€22,771 | -735% |
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 17 October 2026 via checked.be.