TRANSPORT NEVEN: what changed
TRANSPORT NEVEN
Largest movements
- Cash +€36,106
up €36,106 (+11.3%), from €319,701 to €355,808
mainly Net result for the year (+€46,020) and Depreciation (+€8,625)
- Receivables within one year +€10,728
up €10,728 (+26.4%), from €40,676 to €51,404
- Tangible fixed assets -€6,022
down €6,022 (-32.7%), from €18,406 to €12,384
of which Furniture and vehicles: -€4,729
- Reserves +€46,020
up €46,020 (+15.0%), from €307,483 to €353,503
of which Distributable reserves: +€46,020
- Trade debts -€9,779
down €9,779 (-79.6%), from €12,290 to €2,511
- Tax, wage and social debts +€6,842
up €6,842 (+26.7%), from €25,664 to €32,507
of which Taxes: +€4,092
- Gross operating margin +€29,281
up €29,281 (+65.4%), from €44,768 to €74,049
- Taxes +€8,221
up €8,221 (+78.7%), from €10,447 to €18,668
- Other operating charges -€1,057
down €1,057 (-38.7%), from €2,732 to €1,675
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €378,784 | €419,596 | +€40,812 | +10.8% |
| Fixed assets | 21/28 | €18,406 | €12,384 | -€6,022 | -32.7% |
| Tangible fixed assets | 22/27 | €18,406 | €12,384 | -€6,022 | -32.7% |
| Plant, machinery and equipment | 23 | €13,677 | €12,384 | -€1,293 | -9.5% |
| Furniture and vehicles | 24 | €4,729 | - | -€4,729 | |
| Current assets | 29/58 | €360,377 | €407,212 | +€46,834 | +13.0% |
| Amounts receivable within one year | 40/41 | €40,676 | €51,404 | +€10,728 | +26.4% |
| Trade receivables | 40 | €40,676 | €51,404 | +€10,728 | +26.4% |
| Cash at bank and in hand | 54/58 | €319,701 | €355,808 | +€36,106 | +11.3% |
| Total equity and liabilities | 10/49 | €378,784 | €419,596 | +€40,812 | +10.8% |
| Equity | 10/15 | €338,483 | €384,503 | +€46,020 | +13.6% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €307,483 | €353,503 | +€46,020 | +15.0% |
| Tax-exempt reserves | 132 | €112,876 | €112,876 | = | 0.0% |
| Distributable reserves | 133 | €194,606 | €240,627 | +€46,020 | +23.6% |
| Amounts payable | 17/49 | €40,301 | €35,093 | -€5,208 | -12.9% |
| Amounts payable within one year | 42/48 | €40,301 | €35,093 | -€5,208 | -12.9% |
| Trade debts | 44 | €12,290 | €2,511 | -€9,779 | -79.6% |
| Suppliers | 440/4 | €12,290 | €2,511 | -€9,779 | -79.6% |
| Taxes, remuneration and social security | 45 | €25,664 | €32,507 | +€6,842 | +26.7% |
| Taxes | 450/3 | €25,664 | €29,757 | +€4,092 | +15.9% |
| Remuneration and social security | 454/9 | - | €2,750 | +€2,750 | |
| Other amounts payable | 47/48 | €2,347 | €75 | -€2,271 | -96.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,099 | €8,625 | +€526 | +6.5% |
| Other operating charges | 640/8 | €2,732 | €1,675 | -€1,057 | -38.7% |
| Gross operating margin | 9900 | €44,768 | €74,049 | +€29,281 | +65.4% |
| Operating profit (loss) | 9901 | €33,938 | €63,750 | +€29,812 | +87.8% |
| Financial income | 75/76B | €1,064 | €1,142 | +€78 | +7.3% |
| Recurring financial income | 75 | €1,064 | €1,142 | +€78 | +7.3% |
| Financial charges | 65/66B | €199 | €203 | +€5 | +2.4% |
| Recurring financial charges | 65 | €199 | €203 | +€5 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €34,803 | €64,688 | +€29,885 | +85.9% |
| Income taxes | 67/77 | €10,447 | €18,668 | +€8,221 | +78.7% |
| Profit (loss) for the period | 9904 | €24,356 | €46,020 | +€21,664 | +88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,356 | €46,020 | +€21,664 | +88.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.