TRANSPORT MOERMAN ERIC: what changed
Two fiscal 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 MOERMAN ERIC
Largest movements
- Cash +€34,274
up €34,274 (+41.1%), from €83,487 to €117,761
mainly Net result for the year (+€28,726) and Depreciation (+€13,666)
- Receivables within one year +€16,776
up €16,776 (+58.6%), from €28,652 to €45,428
of which Trade receivables: +€11,943
- Tangible fixed assets -€13,666
down €13,666 (-24.9%), from €54,862 to €41,196
of which Land and buildings: -€10,316
- Reserves +€28,700
up €28,700 (+17.4%), from €164,931 to €193,631
of which Distributable reserves: +€28,700
- Trade debts +€6,192
up €6,192 (+183.8%), from €3,369 to €9,560
- Gross operating margin +€8,449
up €8,449 (+21.7%), from €38,956 to €47,405
- Depreciation -€3,003
down €3,003 (-18.0%), from €16,669 to €13,666
- Taxes -€2,315
down €2,315 (-30.5%), from €7,603 to €5,288
- Financial income +€728
up €728 (+58.5%), from €1,244 to €1,971
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.
Cash bridge derived
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 | €182,308 | €220,020 | +€37,712 | +20.7% |
| Fixed assets | 21/28 | €54,862 | €41,196 | -€13,666 | -24.9% |
| Tangible fixed assets | 22/27 | €54,862 | €41,196 | -€13,666 | -24.9% |
| Land and buildings | 22 | €48,866 | €38,550 | -€10,316 | -21.1% |
| Plant, machinery and equipment | 23 | €3,454 | €1,202 | -€2,253 | -65.2% |
| Furniture and vehicles | 24 | €2,541 | €1,444 | -€1,098 | -43.2% |
| Current assets | 29/58 | €127,446 | €178,824 | +€51,378 | +40.3% |
| Stocks and contracts in progress | 3 | €5,669 | €5,669 | = | 0.0% |
| Stocks | 30/36 | €5,669 | €5,669 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,652 | €45,428 | +€16,776 | +58.6% |
| Trade receivables | 40 | €13,283 | €25,226 | +€11,943 | +89.9% |
| Other amounts receivable | 41 | €15,368 | €20,201 | +€4,833 | +31.4% |
| Cash at bank and in hand | 54/58 | €83,487 | €117,761 | +€34,274 | +41.1% |
| Deferred charges and accrued income | 490/1 | €9,638 | €9,967 | +€328 | +3.4% |
| Total equity and liabilities | 10/49 | €182,308 | €220,020 | +€37,712 | +20.7% |
| Equity | 10/15 | €170,445 | €199,171 | +€28,726 | +16.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €164,931 | €193,631 | +€28,700 | +17.4% |
| Tax-exempt reserves | 132 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €155,931 | €184,631 | +€28,700 | +18.4% |
| Profit (loss) carried forward | 14 | -€6,886 | -€6,860 | +€26 | +0.4% |
| Amounts payable | 17/49 | €11,863 | €20,849 | +€8,986 | +75.7% |
| Amounts payable within one year | 42/48 | €10,167 | €18,289 | +€8,122 | +79.9% |
| Trade debts | 44 | €3,369 | €9,560 | +€6,192 | +183.8% |
| Suppliers | 440/4 | €3,369 | €9,560 | +€6,192 | +183.8% |
| Taxes, remuneration and social security | 45 | €6,798 | €8,729 | +€1,931 | +28.4% |
| Taxes | 450/3 | €5,871 | €7,748 | +€1,877 | +32.0% |
| Remuneration and social security | 454/9 | €928 | €981 | +€53 | +5.8% |
| Accrued charges and deferred income | 492/3 | €1,696 | €2,560 | +€864 | +50.9% |
| Non-recurring operating income | 76A | €12 | - | -€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,669 | €13,666 | -€3,003 | -18.0% |
| Other operating charges | 640/8 | €1,676 | €1,515 | -€161 | -9.6% |
| Gross operating margin | 9900 | €38,956 | €47,405 | +€8,449 | +21.7% |
| Operating profit (loss) | 9901 | €20,610 | €32,223 | +€11,612 | +56.3% |
| Financial income | 75/76B | €1,244 | €1,971 | +€728 | +58.5% |
| Recurring financial income | 75 | €1,244 | €1,971 | +€728 | +58.5% |
| Financial charges | 65/66B | €138 | €181 | +€42 | +30.4% |
| Recurring financial charges | 65 | €138 | €181 | +€42 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €21,716 | €34,013 | +€12,298 | +56.6% |
| Income taxes | 67/77 | €7,603 | €5,288 | -€2,315 | -30.5% |
| Profit (loss) for the period | 9904 | €14,113 | €28,726 | +€14,613 | +103.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,113 | €28,726 | +€14,613 | +103.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.