TRANSPORT BEELS: 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.
TRANSPORT BEELS
Largest movements
- Tangible fixed assets +€142,487
up €142,487 (+15,618%), from €912 to €143,400
of which Leasing and similar rights: +€140,695
- Receivables within one year +€15,690
up €15,690 (+2,579%), from €608 to €16,299
of which Trade receivables: +€16,299
- Cash +€6,981
up €6,981 (+28.1%), from €24,854 to €31,835
mainly Debts after one year (+€109,718) and Current portion of long-term debt (+€32,228)
- Financial fixed assets +€2,540
new in 2025: €2,540
- Debts after one year +€109,718
new in 2025: €109,718
- Current portion of long-term debt +€32,228
new in 2025: €32,228
- Profit (loss) carried forward +€19,980
up €19,980 (+19.8%), from -€101,018 to -€81,038
- Tax, wage and social debts +€8,852
new in 2025: €8,852
of which Taxes: +€6,552
- Other debts -€3,090
down €3,090 (-3.6%), from €85,399 to €82,309
- Gross operating margin +€71,979
up €71,979, from -€16,535 to €55,444
- Depreciation +€27,396
up €27,396 (+2,016%), from €1,359 to €28,755
- Financial charges -€2,688
down €2,688 (-30.0%), from €8,966 to €6,279
- Other operating charges -€1,716
down €1,716 (-64.2%), from €2,674 to €958
- Financial income +€605
new in 2025: €605
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 | €26,582 | €194,396 | +€167,814 | +631% |
| Fixed assets | 21/28 | €912 | €145,940 | +€145,027 | +15,896% |
| Tangible fixed assets | 22/27 | €912 | €143,400 | +€142,487 | +15,618% |
| Plant, machinery and equipment | 23 | - | €2,283 | +€2,283 | |
| Furniture and vehicles | 24 | €912 | €421 | -€491 | -53.8% |
| Leasing and similar rights | 25 | - | €140,695 | +€140,695 | |
| Financial fixed assets | 28 | - | €2,540 | +€2,540 | |
| Current assets | 29/58 | €25,669 | €48,457 | +€22,787 | +88.8% |
| Amounts receivable within one year | 40/41 | €608 | €16,299 | +€15,690 | +2,579% |
| Trade receivables | 40 | - | €16,299 | +€16,299 | |
| Other amounts receivable | 41 | €608 | €0 | -€608 | -100% |
| Cash at bank and in hand | 54/58 | €24,854 | €31,835 | +€6,981 | +28.1% |
| Deferred charges and accrued income | 490/1 | €207 | €323 | +€116 | +55.9% |
| Total equity and liabilities | 10/49 | €26,582 | €194,396 | +€167,814 | +631% |
| Equity | 10/15 | -€61,018 | -€41,038 | +€19,980 | +32.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,018 | -€81,038 | +€19,980 | +19.8% |
| Amounts payable | 17/49 | €87,600 | €235,434 | +€147,834 | +169% |
| Amounts payable after more than one year | 17 | - | €109,718 | +€109,718 | |
| Financial debts | 170/4 | - | €109,718 | +€109,718 | |
| Amounts payable within one year | 42/48 | €85,749 | €125,716 | +€39,967 | +46.6% |
| Current portion of amounts payable after more than one year | 42 | - | €32,228 | +€32,228 | |
| Trade debts | 44 | €351 | €2,327 | +€1,976 | +563% |
| Suppliers | 440/4 | €351 | €2,327 | +€1,976 | +563% |
| Taxes, remuneration and social security | 45 | - | €8,852 | +€8,852 | |
| Taxes | 450/3 | - | €6,552 | +€6,552 | |
| Remuneration and social security | 454/9 | - | €2,300 | +€2,300 | |
| Other amounts payable | 47/48 | €85,399 | €82,309 | -€3,090 | -3.6% |
| Accrued charges and deferred income | 492/3 | €1,850 | €0 | -€1,850 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,359 | €28,755 | +€27,396 | +2,016% |
| Other operating charges | 640/8 | €2,674 | €958 | -€1,716 | -64.2% |
| Non-recurring operating charges | 66A | €71,484 | €0 | -€71,484 | -100% |
| Gross operating margin | 9900 | -€16,535 | €55,444 | +€71,979 | |
| Operating profit (loss) | 9901 | -€92,052 | €25,731 | +€117,782 | |
| Financial income | 75/76B | - | €605 | +€605 | |
| Recurring financial income | 75 | - | €605 | +€605 | |
| Financial charges | 65/66B | €8,966 | €6,279 | -€2,688 | -30.0% |
| Recurring financial charges | 65 | €8,966 | €6,279 | -€2,688 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | -€101,018 | €20,057 | +€121,075 | |
| Income taxes | 67/77 | - | €77 | +€77 | |
| Profit (loss) for the period | 9904 | -€101,018 | €19,980 | +€120,998 | |
| Profit (loss) for the period to be appropriated | 9905 | -€101,018 | €19,980 | +€120,998 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.