Transit: 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.
Transit
Largest movements
- Receivables within one year +€359,069
up €359,069 (+16.4%), from €2.2m to €2.5m
of which Other amounts receivable: +€356,558
- Cash +€94,728
up €94,728 (+1.8%), from €5.2m to €5.3m
mainly Accrued charges and deferred income (+€435,229) and Net result for the year (+€155,471)
- Accrued charges and deferred income +€435,229
up €435,229 (+6.5%), from €6.7m to €7.1m
- Profit (loss) carried forward +€155,471
up €155,471 (+128.5%), from €120,986 to €276,457
- Staff costs +€423,719
up €423,719 (+6.2%), from €6.9m to €7.3m
- Financial income -€368,677
down €368,677 (-92.6%), from €398,269 to €29,593
of which Non-recurring financial income: -€390,075
- Goods and materials +€263,453
up €263,453 (+408.6%), from €64,478 to €327,930
of which Change in stocks: decrease (increase): +€131,851
- Services and other goods +€76,348
up €76,348 (+7.7%), from €997,086 to €1.1m
- Turnover +€19,055
up €19,055 (+2367.0%), from €805 to €19,860
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,018,986 | €8,536,194 | +€517,208 | +6.4% |
| Fixed assets | 21/28 | €293,329 | €248,345 | -€44,984 | -15.3% |
| Intangible fixed assets | 21 | €766 | €0 | -€766 | -100.0% |
| Tangible fixed assets | 22/27 | €292,563 | €248,345 | -€44,218 | -15.1% |
| Plant, machinery and equipment | 23 | €173,625 | €171,621 | -€2,004 | -1.2% |
| Furniture and vehicles | 24 | €118,938 | €76,724 | -€42,214 | -35.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Other financial fixed assets | 284/8 | €0 | - | = | |
| Amounts receivable and cash guarantees | 285/8 | €0 | - | = | |
| Current assets | 29/58 | €7,725,657 | €8,287,849 | +€562,192 | +7.3% |
| Stocks and contracts in progress | 3 | €213,470 | €295,089 | +€81,619 | +38.2% |
| Stocks | 30/36 | €213,470 | €295,089 | +€81,619 | +38.2% |
| Raw materials and consumables | 30/31 | €213,470 | €295,089 | +€81,619 | +38.2% |
| Amounts receivable within one year | 40/41 | €2,187,342 | €2,546,412 | +€359,069 | +16.4% |
| Trade receivables | 40 | €3,113 | €5,624 | +€2,511 | +80.7% |
| Other amounts receivable | 41 | €2,184,230 | €2,540,788 | +€356,558 | +16.3% |
| Cash at bank and in hand | 54/58 | €5,248,117 | €5,342,845 | +€94,728 | +1.8% |
| Deferred charges and accrued income | 490/1 | €76,728 | €103,503 | +€26,776 | +34.9% |
| Total equity and liabilities | 10/49 | €8,018,986 | €8,536,194 | +€517,208 | +6.4% |
| Equity | 10/15 | €410,766 | €521,957 | +€111,191 | +27.1% |
| Profit (loss) carried forward | 14 | €120,986 | €276,457 | +€155,471 | +128.5% |
| Investment grants | 15 | €289,781 | €245,500 | -€44,281 | -15.3% |
| Amounts payable | 17/49 | €7,608,220 | €8,014,237 | +€406,018 | +5.3% |
| Amounts payable within one year | 42/48 | €901,944 | €872,733 | -€29,212 | -3.2% |
| Trade debts | 44 | €166,412 | €88,029 | -€78,383 | -47.1% |
| Suppliers | 440/4 | €166,412 | €88,029 | -€78,383 | -47.1% |
| Taxes, remuneration and social security | 45 | €733,972 | €783,684 | +€49,712 | +6.8% |
| Remuneration and social security | 454/9 | €733,972 | €783,684 | +€49,712 | +6.8% |
| Accrued charges and deferred income | 492/3 | €6,706,275 | €7,141,505 | +€435,229 | +6.5% |
| Operating income | 70/76A | €8,245,899 | €8,917,825 | +€671,926 | +8.1% |
| Turnover | 70 | €805 | €19,860 | +€19,055 | +2367.0% |
| Other operating income | 74 | €133,352 | €151,022 | +€17,669 | +13.3% |
| Operating charges | 60/66A | €8,061,866 | €8,789,139 | +€727,273 | +9.0% |
| Goods for resale, raw materials and consumables | 60 | €64,478 | €327,930 | +€263,453 | +408.6% |
| Purchases | 600/8 | €277,948 | €409,549 | +€131,602 | +47.3% |
| Change in stocks: decrease (increase) | 609 | -€213,470 | -€81,619 | +€131,851 | +61.8% |
| Services and other goods | 61 | €997,086 | €1,073,434 | +€76,348 | +7.7% |
| Remuneration, social security and pensions | 62 | €6,887,378 | €7,311,096 | +€423,719 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,004 | €89,573 | +€2,568 | +3.0% |
| Other operating charges | 640/8 | €24,998 | €9,183 | -€15,815 | -63.3% |
| Operating charges capitalised as restructuring costs | 649 | - | -€22,076 | -€22,076 | |
| Non-recurring operating charges | 66A | €923 | - | -€923 | |
| Operating profit (loss) | 9901 | €184,033 | €128,686 | -€55,347 | -30.1% |
| Financial income | 75/76B | €398,269 | €29,593 | -€368,677 | -92.6% |
| Recurring financial income | 75 | €8,194 | €29,593 | +€21,398 | +261.1% |
| Other financial income | 752/9 | €8,194 | €29,593 | +€21,398 | +261.1% |
| Non-recurring financial income | 76B | €390,075 | - | -€390,075 | |
| Financial charges | 65/66B | €1,439 | €2,808 | +€1,369 | +95.1% |
| Recurring financial charges | 65 | €1,439 | €2,808 | +€1,369 | +95.1% |
| Other financial charges | 652/9 | €1,439 | €2,808 | +€1,369 | +95.1% |
| Profit (loss) for the period before taxes | 9903 | €580,863 | €155,471 | -€425,392 | -73.2% |
| Profit (loss) for the period | 9904 | €580,863 | €155,471 | -€425,392 | -73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €580,863 | €155,471 | -€425,392 | -73.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.