Transport Bekaert: 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 Bekaert
Largest movements
- Tangible fixed assets -€24,919
down €24,919 (-22.3%), from €111,518 to €86,599
of which Furniture and vehicles: -€25,471
- Cash +€20,906
up €20,906 (+18.9%), from €110,363 to €131,269
mainly Depreciation (+€25,922) and Net result for the year (+€19,440)
- Receivables within one year -€4,442
down €4,442 (-10.3%), from €42,933 to €38,491
of which Other amounts receivable: -€12,766
- Debts after one year -€16,000
down €16,000 (-27.9%), from €57,333 to €41,333
- Tax, wage and social debts +€6,066
up €6,066 (+177%), from €3,434 to €9,500
- Reserves +€5,721
up €5,721 (+3.2%), from €176,086 to €181,807
of which Distributable reserves: +€5,721
- Depreciation +€12,604
up €12,604 (+94.6%), from €13,318 to €25,922
- Gross operating margin +€9,038
up €9,038 (+15.1%), from €59,997 to €69,035
- Financial charges +€1,367
up €1,367 (+75.3%), from €1,815 to €3,182
- Other operating charges +€1,032
up €1,032 (+8.7%), from €11,806 to €12,839
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 | €268,715 | €261,606 | -€7,109 | -2.6% |
| Fixed assets | 21/28 | €111,668 | €86,749 | -€24,919 | -22.3% |
| Tangible fixed assets | 22/27 | €111,518 | €86,599 | -€24,919 | -22.3% |
| Plant, machinery and equipment | 23 | €425 | €978 | +€553 | +130% |
| Furniture and vehicles | 24 | €111,093 | €85,622 | -€25,471 | -22.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €157,047 | €174,857 | +€17,809 | +11.3% |
| Amounts receivable within one year | 40/41 | €42,933 | €38,491 | -€4,442 | -10.3% |
| Trade receivables | 40 | €30,168 | €38,491 | +€8,323 | +27.6% |
| Other amounts receivable | 41 | €12,766 | - | -€12,766 | |
| Cash at bank and in hand | 54/58 | €110,363 | €131,269 | +€20,906 | +18.9% |
| Deferred charges and accrued income | 490/1 | €3,751 | €5,097 | +€1,345 | +35.9% |
| Total equity and liabilities | 10/49 | €268,715 | €261,606 | -€7,109 | -2.6% |
| Equity | 10/15 | €182,294 | €188,015 | +€5,721 | +3.1% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Reserves | 13 | €176,086 | €181,807 | +€5,721 | +3.2% |
| Tax-exempt reserves | 132 | €1,178 | €1,178 | = | 0.0% |
| Distributable reserves | 133 | €174,908 | €180,629 | +€5,721 | +3.3% |
| Amounts payable | 17/49 | €86,421 | €73,591 | -€12,830 | -14.8% |
| Amounts payable after more than one year | 17 | €57,333 | €41,333 | -€16,000 | -27.9% |
| Financial debts | 170/4 | €57,333 | €41,333 | -€16,000 | -27.9% |
| Amounts payable within one year | 42/48 | €28,993 | €32,257 | +€3,264 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €16,000 | €16,000 | = | 0.0% |
| Trade debts | 44 | €7,859 | €5,529 | -€2,330 | -29.6% |
| Suppliers | 440/4 | €7,859 | €5,529 | -€2,330 | -29.6% |
| Taxes, remuneration and social security | 45 | €3,434 | €9,500 | +€6,066 | +177% |
| Taxes | 450/3 | €3,434 | €9,500 | +€6,066 | +177% |
| Other amounts payable | 47/48 | €1,700 | €1,229 | -€472 | -27.7% |
| Accrued charges and deferred income | 492/3 | €94 | - | -€94 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,318 | €25,922 | +€12,604 | +94.6% |
| Other operating charges | 640/8 | €11,806 | €12,839 | +€1,032 | +8.7% |
| Gross operating margin | 9900 | €59,997 | €69,035 | +€9,038 | +15.1% |
| Operating profit (loss) | 9901 | €34,872 | €30,274 | -€4,598 | -13.2% |
| Financial income | 75/76B | €120 | €121 | +€0 | +0.3% |
| Recurring financial income | 75 | €120 | €121 | +€0 | +0.3% |
| Financial charges | 65/66B | €1,815 | €3,182 | +€1,367 | +75.3% |
| Recurring financial charges | 65 | €1,815 | €3,182 | +€1,367 | +75.3% |
| Profit (loss) for the period before taxes | 9903 | €33,178 | €27,213 | -€5,965 | -18.0% |
| Income taxes | 67/77 | €7,765 | €7,773 | +€8 | +0.1% |
| Profit (loss) for the period | 9904 | €25,412 | €19,440 | -€5,973 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,412 | €19,440 | -€5,973 | -23.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.