TRANSFREIGHT: 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.
TRANSFREIGHT
Largest movements
- Receivables within one year -€119,360
down €119,360 (-74.8%), from €159,651 to €40,291
of which Trade receivables: -€118,857
- Cash +€86,532
up €86,532 (+39.5%), from €218,894 to €305,426
mainly Receivables within one year (+€119,360) and Receivables after one year (+€38,042)
- Receivables after one year -€38,042
down €38,042 (-27.1%), from €140,609 to €102,568
- Tangible fixed assets -€22,095
down €22,095 (-5.5%), from €400,679 to €378,583
of which Land and buildings: -€19,510
- Other debts -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Profit (loss) carried forward +€28,887
up €28,887 (+4.3%), from €679,191 to €708,078
- Trade debts -€19,783
down €19,783 (-35.6%), from €55,636 to €35,853
- Turnover +€329,365
up €329,365 (+26.2%), from €1.3m to €1.6m
- Purchases and services +€204,143
up €204,143 (+15.4%), from €1.3m to €1.5m
- Staff costs -€23,954
down €23,954 (-100.0%), from €23,954 to €0
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 | €922,166 | €828,766 | -€93,400 | -10.1% |
| Fixed assets | 21/28 | €400,679 | €378,583 | -€22,095 | -5.5% |
| Tangible fixed assets | 22/27 | €400,679 | €378,583 | -€22,095 | -5.5% |
| Land and buildings | 22 | €390,010 | €370,500 | -€19,510 | -5.0% |
| Plant, machinery and equipment | 23 | €2,000 | €2,000 | = | 0.0% |
| Furniture and vehicles | 24 | €8,669 | €6,084 | -€2,585 | -29.8% |
| Current assets | 29/58 | €521,487 | €450,182 | -€71,305 | -13.7% |
| Amounts receivable after more than one year | 29 | €140,609 | €102,568 | -€38,042 | -27.1% |
| Other amounts receivable | 291 | €140,609 | €102,568 | -€38,042 | -27.1% |
| Amounts receivable within one year | 40/41 | €159,651 | €40,291 | -€119,360 | -74.8% |
| Trade receivables | 40 | €154,168 | €35,311 | -€118,857 | -77.1% |
| Other amounts receivable | 41 | €5,483 | €4,980 | -€503 | -9.2% |
| Cash at bank and in hand | 54/58 | €218,894 | €305,426 | +€86,532 | +39.5% |
| Deferred charges and accrued income | 490/1 | €2,333 | €1,898 | -€435 | -18.6% |
| Total equity and liabilities | 10/49 | €922,166 | €828,766 | -€93,400 | -10.1% |
| Equity | 10/15 | €756,456 | €785,343 | +€28,887 | +3.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €47,265 | €47,265 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €14,624 | €14,624 | = | 0.0% |
| Distributable reserves | 133 | €32,641 | €32,641 | = | 0.0% |
| Profit (loss) carried forward | 14 | €679,191 | €708,078 | +€28,887 | +4.3% |
| Amounts payable | 17/49 | €165,710 | €43,423 | -€122,287 | -73.8% |
| Amounts payable within one year | 42/48 | €155,663 | €35,853 | -€119,811 | -77.0% |
| Trade debts | 44 | €55,636 | €35,853 | -€19,783 | -35.6% |
| Suppliers | 440/4 | €55,636 | €35,853 | -€19,783 | -35.6% |
| Taxes, remuneration and social security | 45 | €27 | €0 | -€27 | -100.0% |
| Taxes | 450/3 | €27 | €0 | -€27 | -100.0% |
| Other amounts payable | 47/48 | €100,000 | €0 | -€100,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €10,047 | €7,571 | -€2,476 | -24.6% |
| Turnover | 70 | €1,255,709 | €1,585,075 | +€329,365 | +26.2% |
| Non-recurring operating income | 76A | €8,490 | €0 | -€8,490 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,325,426 | €1,529,568 | +€204,143 | +15.4% |
| Remuneration, social security and pensions | 62 | €23,954 | €0 | -€23,954 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,273 | €23,202 | -€8,071 | -25.8% |
| Other operating charges | 640/8 | €3,563 | €4,082 | +€519 | +14.6% |
| Gross operating margin | 9900 | €58,438 | €55,506 | -€2,932 | -5.0% |
| Operating profit (loss) | 9901 | -€352 | €28,222 | +€28,574 | |
| Financial income | 75/76B | €5,618 | €2,562 | -€3,056 | -54.4% |
| Recurring financial income | 75 | €5,618 | €2,562 | -€3,056 | -54.4% |
| Financial charges | 65/66B | €2,151 | €1,897 | -€254 | -11.8% |
| Recurring financial charges | 65 | €2,151 | €1,897 | -€254 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €3,116 | €28,887 | +€25,771 | +827.2% |
| Income taxes | 67/77 | €44 | €0 | -€44 | -100.0% |
| Profit (loss) for the period | 9904 | €3,071 | €28,887 | +€25,816 | +840.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,071 | €28,887 | +€25,816 | +840.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.