TRANSPORT ERWIN: 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 ERWIN
Largest movements
- Cash +€84,158
up €84,158 (+461%), from €18,254 to €102,412
mainly Depreciation (+€84,532) and Debts after one year (+€51,404)
- Tangible fixed assets +€45,314
up €45,314 (+21.3%), from €212,449 to €257,762
of which Furniture and vehicles: +€107,132
- Receivables within one year -€30,133
down €30,133 (-30.1%), from €100,131 to €69,999
of which Trade receivables: -€40,165
- Debts after one year +€51,404
up €51,404 (+46.9%), from €109,543 to €160,947
- Tax, wage and social debts +€40,322
up €40,322 (+191%), from €21,119 to €61,441
of which Taxes: +€33,224
- Reserves +€30,729
up €30,729 (+40.9%), from €75,164 to €105,893
of which Distributable reserves: +€30,729
- Trade debts -€29,296
down €29,296 (-54.3%), from €53,920 to €24,624
- Current portion of long-term debt +€6,473
up €6,473 (+9.7%), from €66,821 to €73,294
- Gross operating margin +€102,570
up €102,570 (+39.3%), from €261,080 to €363,650
- Other operating charges +€24,440
up €24,440 (+47.9%), from €51,015 to €75,454
- Staff costs +€21,114
up €21,114 (+16.3%), from €129,336 to €150,450
- Taxes +€13,352
up €13,352 (+4,388%), from €304 to €13,656
- Depreciation +€12,604
up €12,604 (+17.5%), from €71,928 to €84,532
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.
Derived cash bridge
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 | €335,897 | €435,036 | +€99,139 | +29.5% |
| Fixed assets | 21/28 | €212,449 | €257,762 | +€45,314 | +21.3% |
| Tangible fixed assets | 22/27 | €212,449 | €257,762 | +€45,314 | +21.3% |
| Land and buildings | 22 | €17,467 | €14,664 | -€2,803 | -16.1% |
| Plant, machinery and equipment | 23 | €11,131 | €6,535 | -€4,596 | -41.3% |
| Furniture and vehicles | 24 | €70,634 | €177,766 | +€107,132 | +152% |
| Leasing and similar rights | 25 | €113,217 | €58,798 | -€54,419 | -48.1% |
| Current assets | 29/58 | €123,449 | €177,274 | +€53,825 | +43.6% |
| Amounts receivable within one year | 40/41 | €100,131 | €69,999 | -€30,133 | -30.1% |
| Trade receivables | 40 | €99,498 | €59,332 | -€40,165 | -40.4% |
| Other amounts receivable | 41 | €634 | €10,666 | +€10,032 | +1,582% |
| Cash at bank and in hand | 54/58 | €18,254 | €102,412 | +€84,158 | +461% |
| Deferred charges and accrued income | 490/1 | €5,063 | €4,863 | -€200 | -3.9% |
| Total equity and liabilities | 10/49 | €335,897 | €435,036 | +€99,139 | +29.5% |
| Equity | 10/15 | €81,975 | €112,704 | +€30,729 | +37.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €75,164 | €105,893 | +€30,729 | +40.9% |
| Non-distributable reserves | 130/1 | €812 | €812 | = | 0.0% |
| Reserves not available under the articles | 1311 | €812 | €812 | = | 0.0% |
| Distributable reserves | 133 | €74,353 | €105,081 | +€30,729 | +41.3% |
| Profit (loss) carried forward | 14 | €611 | €611 | = | 0.0% |
| Amounts payable | 17/49 | €253,922 | €322,332 | +€68,410 | +26.9% |
| Amounts payable after more than one year | 17 | €109,543 | €160,947 | +€51,404 | +46.9% |
| Financial debts | 170/4 | €109,543 | €160,947 | +€51,404 | +46.9% |
| Amounts payable within one year | 42/48 | €144,379 | €161,026 | +€16,647 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €66,821 | €73,294 | +€6,473 | +9.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €53,920 | €24,624 | -€29,296 | -54.3% |
| Suppliers | 440/4 | €53,920 | €24,624 | -€29,296 | -54.3% |
| Taxes, remuneration and social security | 45 | €21,119 | €61,441 | +€40,322 | +191% |
| Taxes | 450/3 | €15,679 | €48,903 | +€33,224 | +212% |
| Remuneration and social security | 454/9 | €5,440 | €12,538 | +€7,098 | +130% |
| Other amounts payable | 47/48 | €2,519 | €1,666 | -€853 | -33.9% |
| Accrued charges and deferred income | 492/3 | - | €360 | +€360 | |
| Non-recurring operating income | 76A | €37,205 | €67,946 | +€30,741 | +82.6% |
| Remuneration, social security and pensions | 62 | €129,336 | €150,450 | +€21,114 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,928 | €84,532 | +€12,604 | +17.5% |
| Other operating charges | 640/8 | €51,015 | €75,454 | +€24,440 | +47.9% |
| Gross operating margin | 9900 | €261,080 | €363,650 | +€102,570 | +39.3% |
| Operating profit (loss) | 9901 | €8,803 | €53,214 | +€44,411 | +505% |
| Financial income | 75/76B | €16 | €3,125 | +€3,109 | +19,930% |
| Recurring financial income | 75 | €16 | €3,125 | +€3,109 | +19,930% |
| Financial charges | 65/66B | €7,903 | €10,287 | +€2,384 | +30.2% |
| Recurring financial charges | 65 | €7,903 | €10,287 | +€2,384 | +30.2% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €915 | €46,051 | +€45,136 | +4,932% |
| Income taxes | 67/77 | €304 | €13,656 | +€13,352 | +4,388% |
| Profit (loss) for the period | 9904 | €611 | €32,395 | +€31,784 | +5,203% |
| Profit (loss) for the period to be appropriated | 9905 | €611 | €32,395 | +€31,784 | +5,203% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.