TRANSPORT DENYS ERIC: 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 DENYS ERIC
Largest movements
- Receivables within one year -€33,555
down €33,555 (-43.6%), from €76,963 to €43,408
of which Trade receivables: -€30,833
- Current investments +€13,745
up €13,745 (+2.8%), from €495,578 to €509,323
- Cash +€12,161
up €12,161 (+25.9%), from €47,018 to €59,179
mainly Receivables within one year (+€33,555) and Trade debts (+€3,277)
- Tax, wage and social debts -€13,820
down €13,820 (-73.1%), from €18,897 to €5,076
of which Taxes: -€8,767
- Gross operating margin -€46,205
down €46,205 (-67.2%), from €68,770 to €22,565
- Staff costs -€43,630
down €43,630 (-86.8%), from €50,258 to €6,629
- Financial charges +€22,056
up €22,056, from -€12,930 to €9,126
- Financial income -€11,438
down €11,438 (-79.0%), from €14,474 to €3,036
- Taxes -€6,402
down €6,402 (-61.4%), from €10,427 to €4,025
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 | €624,876 | €617,058 | -€7,818 | -1.3% |
| Fixed assets | 21/28 | €1,805 | €1,805 | = | 0.0% |
| Financial fixed assets | 28 | €1,805 | €1,805 | = | 0.0% |
| Current assets | 29/58 | €623,071 | €615,253 | -€7,818 | -1.3% |
| Amounts receivable within one year | 40/41 | €76,963 | €43,408 | -€33,555 | -43.6% |
| Trade receivables | 40 | €72,354 | €41,522 | -€30,833 | -42.6% |
| Other amounts receivable | 41 | €4,609 | €1,886 | -€2,723 | -59.1% |
| Current investments | 50/53 | €495,578 | €509,323 | +€13,745 | +2.8% |
| Cash at bank and in hand | 54/58 | €47,018 | €59,179 | +€12,161 | +25.9% |
| Deferred charges and accrued income | 490/1 | €3,513 | €3,343 | -€169 | -4.8% |
| Total equity and liabilities | 10/49 | €624,876 | €617,058 | -€7,818 | -1.3% |
| Equity | 10/15 | €604,381 | €607,106 | +€2,725 | +0.5% |
| Contributions | 10/11 | €294,018 | €294,018 | = | 0.0% |
| Reserves | 13 | €310,363 | €313,088 | +€2,725 | +0.9% |
| Non-distributable reserves | 130/1 | €29,402 | €29,402 | = | 0.0% |
| Reserves not available under the articles | 1311 | €29,402 | €29,402 | = | 0.0% |
| Distributable reserves | 133 | €280,962 | €283,687 | +€2,725 | +1.0% |
| Amounts payable | 17/49 | €20,495 | €9,952 | -€10,543 | -51.4% |
| Amounts payable within one year | 42/48 | €20,245 | €9,702 | -€10,543 | -52.1% |
| Trade debts | 44 | €1,348 | €4,625 | +€3,277 | +243% |
| Suppliers | 440/4 | €1,348 | €4,625 | +€3,277 | +243% |
| Taxes, remuneration and social security | 45 | €18,897 | €5,076 | -€13,820 | -73.1% |
| Taxes | 450/3 | €13,643 | €4,877 | -€8,767 | -64.3% |
| Remuneration and social security | 454/9 | €5,253 | €200 | -€5,054 | -96.2% |
| Accrued charges and deferred income | 492/3 | €250 | €250 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €50,258 | €6,629 | -€43,630 | -86.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €3,559 | €3,096 | -€463 | -13.0% |
| Gross operating margin | 9900 | €68,770 | €22,565 | -€46,205 | -67.2% |
| Operating profit (loss) | 9901 | €14,953 | €12,840 | -€2,113 | -14.1% |
| Financial income | 75/76B | €14,474 | €3,036 | -€11,438 | -79.0% |
| Recurring financial income | 75 | €14,474 | €3,036 | -€11,438 | -79.0% |
| Financial charges | 65/66B | -€12,930 | €9,126 | +€22,056 | |
| Recurring financial charges | 65 | -€12,930 | €9,126 | +€22,056 | |
| Profit (loss) for the period before taxes | 9903 | €42,358 | €6,750 | -€35,607 | -84.1% |
| Income taxes | 67/77 | €10,427 | €4,025 | -€6,402 | -61.4% |
| Profit (loss) for the period | 9904 | €31,931 | €2,725 | -€29,206 | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,931 | €2,725 | -€29,206 | -91.5% |
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 21 October 2026 via checked.be.