TRANS - COMBUSTIBLES: what changed
TRANS - COMBUSTIBLES
Largest movements
- Tangible fixed assets -€53,404
down €53,404 (-34.7%), from €154,023 to €100,619
of which Furniture and vehicles: -€53,404
- Receivables within one year +€34,997
up €34,997 (+25.3%), from €138,268 to €173,265
of which Trade receivables: +€34,997
- Deferred charges and accrued income -€17,287
no longer reported in 2025 (was €17,287)
- Intangible fixed assets +€9,325
new in 2025: €9,325
- Cash +€3,996
up €3,996 (+311%), from €1,285 to €5,281
mainly Depreciation (+€54,102) and Trade debts (+€34,516)
- Trade debts +€34,516
up €34,516 (+21.7%), from €159,389 to €193,905
- Debts after one year -€27,403
down €27,403 (-50.7%), from €54,037 to €26,634
- Current portion of long-term debt -€26,197
down €26,197 (-44.5%), from €58,840 to €32,643
- Tax, wage and social debts -€3,906
down €3,906 (-11.5%), from €34,070 to €30,163
of which Remuneration and social security: -€4,050
- Gross operating margin -€93,369
down €93,369 (-24.4%), from €381,946 to €288,577
- Staff costs -€62,012
down €62,012 (-21.8%), from €284,294 to €222,282
- Depreciation -€22,506
down €22,506 (-29.4%), from €76,608 to €54,102
- Other operating charges -€7,530
down €7,530 (-56.1%), from €13,429 to €5,899
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €310,862 | €288,490 | -€22,372 | -7.2% |
| Fixed assets | 21/28 | €154,023 | €109,945 | -€44,078 | -28.6% |
| Intangible fixed assets | 21 | - | €9,325 | +€9,325 | |
| Tangible fixed assets | 22/27 | €154,023 | €100,619 | -€53,404 | -34.7% |
| Furniture and vehicles | 24 | €153,799 | €100,395 | -€53,404 | -34.7% |
| Other tangible fixed assets | 26 | €224 | €224 | = | 0.0% |
| Current assets | 29/58 | €156,839 | €178,545 | +€21,706 | +13.8% |
| Amounts receivable within one year | 40/41 | €138,268 | €173,265 | +€34,997 | +25.3% |
| Trade receivables | 40 | €133,794 | €168,791 | +€34,997 | +26.2% |
| Other amounts receivable | 41 | €4,474 | €4,474 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,285 | €5,281 | +€3,996 | +311% |
| Deferred charges and accrued income | 490/1 | €17,287 | - | -€17,287 | |
| Total equity and liabilities | 10/49 | €310,862 | €288,490 | -€22,372 | -7.2% |
| Equity | 10/15 | €4,526 | €5,145 | +€619 | +13.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,380 | €3,380 | = | 0.0% |
| 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 | €1,380 | €1,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,853 | -€18,235 | +€619 | +3.3% |
| Amounts payable | 17/49 | €306,336 | €283,345 | -€22,991 | -7.5% |
| Amounts payable after more than one year | 17 | €54,037 | €26,634 | -€27,403 | -50.7% |
| Financial debts | 170/4 | €54,037 | €26,634 | -€27,403 | -50.7% |
| Amounts payable within one year | 42/48 | €252,299 | €256,711 | +€4,412 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €58,840 | €32,643 | -€26,197 | -44.5% |
| Trade debts | 44 | €159,389 | €193,905 | +€34,516 | +21.7% |
| Suppliers | 440/4 | €159,389 | €193,905 | +€34,516 | +21.7% |
| Taxes, remuneration and social security | 45 | €34,070 | €30,163 | -€3,906 | -11.5% |
| Taxes | 450/3 | €15,756 | €15,899 | +€143 | +0.9% |
| Remuneration and social security | 454/9 | €18,313 | €14,264 | -€4,050 | -22.1% |
| Remuneration, social security and pensions | 62 | €284,294 | €222,282 | -€62,012 | -21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,608 | €54,102 | -€22,506 | -29.4% |
| Other operating charges | 640/8 | €13,429 | €5,899 | -€7,530 | -56.1% |
| Non-recurring operating charges | 66A | - | €1,113 | +€1,113 | |
| Gross operating margin | 9900 | €381,946 | €288,577 | -€93,369 | -24.4% |
| Operating profit (loss) | 9901 | €7,615 | €5,180 | -€2,435 | -32.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.9% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.9% |
| Financial charges | 65/66B | €5,524 | €3,913 | -€1,612 | -29.2% |
| Recurring financial charges | 65 | €5,274 | €3,913 | -€1,362 | -25.8% |
| Non-recurring financial charges | 66B | €250 | - | -€250 | |
| Profit (loss) for the period before taxes | 9903 | €2,091 | €1,267 | -€824 | -39.4% |
| Income taxes | 67/77 | €562 | €649 | +€87 | +15.4% |
| Profit (loss) for the period | 9904 | €1,529 | €619 | -€911 | -59.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,529 | €619 | -€911 | -59.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.