Transport Baele: what changed
Transport Baele
Largest movements
- Tangible fixed assets -€40,102
down €40,102 (-55.4%), from €72,421 to €32,319
of which Furniture and vehicles: -€35,608
- Cash +€7,064
up €7,064 (+39.7%), from €17,813 to €24,877
mainly Depreciation (+€40,102) and Trade debts (+€8,007)
- Receivables within one year +€6,194
up €6,194 (+13.7%), from €45,128 to €51,321
of which Trade receivables: +€5,734
- Debts after one year -€28,248
down €28,248 (-50.4%), from €56,062 to €27,814
- Trade debts +€8,007
up €8,007 (+79.1%), from €10,122 to €18,128
- Profit (loss) carried forward -€7,431
down €7,431 (-52.0%), from -€14,287 to -€21,717
- Other debts +€1,535
up €1,535 (+10.8%), from €14,272 to €15,806
- Gross operating margin -€16,665
down €16,665 (-29.8%), from €55,975 to €39,310
- Depreciation +€925
up €925 (+2.4%), from €39,177 to €40,102
- Financial charges -€693
down €693 (-17.8%), from €3,904 to €3,211
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,731 | €111,675 | -€27,056 | -19.5% |
| Fixed assets | 21/28 | €73,521 | €33,419 | -€40,102 | -54.5% |
| Tangible fixed assets | 22/27 | €72,421 | €32,319 | -€40,102 | -55.4% |
| Plant, machinery and equipment | 23 | €14,901 | €10,407 | -€4,494 | -30.2% |
| Furniture and vehicles | 24 | €57,520 | €21,912 | -€35,608 | -61.9% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €65,210 | €78,256 | +€13,046 | +20.0% |
| Amounts receivable within one year | 40/41 | €45,128 | €51,321 | +€6,194 | +13.7% |
| Trade receivables | 40 | €45,128 | €50,861 | +€5,734 | +12.7% |
| Other amounts receivable | 41 | - | €460 | +€460 | |
| Cash at bank and in hand | 54/58 | €17,813 | €24,877 | +€7,064 | +39.7% |
| Deferred charges and accrued income | 490/1 | €2,269 | €2,057 | -€212 | -9.3% |
| Total equity and liabilities | 10/49 | €138,731 | €111,675 | -€27,056 | -19.5% |
| Equity | 10/15 | €27,679 | €20,248 | -€7,431 | -26.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €29,566 | €29,566 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €27,706 | €27,706 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,287 | -€21,717 | -€7,431 | -52.0% |
| Amounts payable | 17/49 | €111,052 | €91,427 | -€19,625 | -17.7% |
| Amounts payable after more than one year | 17 | €56,062 | €27,814 | -€28,248 | -50.4% |
| Financial debts | 170/4 | €56,062 | €27,814 | -€28,248 | -50.4% |
| Amounts payable within one year | 42/48 | €54,990 | €63,613 | +€8,622 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €27,820 | €28,248 | +€428 | +1.5% |
| Trade debts | 44 | €10,122 | €18,128 | +€8,007 | +79.1% |
| Suppliers | 440/4 | €10,122 | €18,128 | +€8,007 | +79.1% |
| Taxes, remuneration and social security | 45 | €2,777 | €1,431 | -€1,347 | -48.5% |
| Taxes | 450/3 | €2,777 | €1,431 | -€1,347 | -48.5% |
| Other amounts payable | 47/48 | €14,272 | €15,806 | +€1,535 | +10.8% |
| Remuneration, social security and pensions | 62 | €1,728 | €1,836 | +€108 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,177 | €40,102 | +€925 | +2.4% |
| Other operating charges | 640/8 | €1,504 | €1,593 | +€89 | +5.9% |
| Gross operating margin | 9900 | €55,975 | €39,310 | -€16,665 | -29.8% |
| Operating profit (loss) | 9901 | €13,567 | -€4,220 | -€17,787 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -80.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -80.0% |
| Financial charges | 65/66B | €3,904 | €3,211 | -€693 | -17.8% |
| Recurring financial charges | 65 | €3,904 | €3,211 | -€693 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €9,663 | -€7,431 | -€17,094 | |
| Profit (loss) for the period | 9904 | €9,663 | -€7,431 | -€17,094 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,663 | -€7,431 | -€17,094 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.