TRANSPORT RINGOOT LUC: 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 RINGOOT LUC
Largest movements
- Tangible fixed assets -€108,914
down €108,914 (-13.1%), from €829,711 to €720,797
of which Leasing and similar rights: -€73,252
- Cash +€29,001
up €29,001 (+18,779%), from €154 to €29,155
mainly Depreciation (+€153,817) and Other debts (+€44,229)
- Receivables within one year +€21,241
up €21,241 (+250%), from €8,490 to €29,731
of which Trade receivables: +€28,055
- Debts after one year -€119,353
down €119,353 (-28.9%), from €412,707 to €293,354
- Other debts +€44,229
up €44,229 (+23.0%), from €192,551 to €236,780
- Profit (loss) carried forward +€24,175
up €24,175 (+55.0%), from €43,933 to €68,108
- Short-term financial debts -€13,291
down €13,291 (-100%), from €13,291 to €0
- Depreciation +€56,211
up €56,211 (+57.6%), from €97,606 to €153,817
- Staff costs -€50,270
down €50,270 (-56.5%), from €89,039 to €38,768
- Financial income -€37,456
down €37,456 (-44.1%), from €84,956 to €47,500
of which Non-recurring financial income: -€37,450
- Gross operating margin -€36,697
down €36,697 (-12.4%), from €296,619 to €259,922
- Other operating charges -€16,971
down €16,971 (-26.1%), from €64,927 to €47,956
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 | €844,390 | €783,491 | -€60,899 | -7.2% |
| Fixed assets | 21/28 | €829,940 | €721,026 | -€108,914 | -13.1% |
| Tangible fixed assets | 22/27 | €829,711 | €720,797 | -€108,914 | -13.1% |
| Land and buildings | 22 | €56,312 | €46,599 | -€9,713 | -17.2% |
| Plant, machinery and equipment | 23 | €51,087 | €47,961 | -€3,126 | -6.1% |
| Furniture and vehicles | 24 | €88,499 | €65,676 | -€22,823 | -25.8% |
| Leasing and similar rights | 25 | €633,813 | €560,560 | -€73,252 | -11.6% |
| Financial fixed assets | 28 | €229 | €229 | = | 0.0% |
| Current assets | 29/58 | €14,449 | €62,465 | +€48,015 | +332% |
| Amounts receivable within one year | 40/41 | €8,490 | €29,731 | +€21,241 | +250% |
| Trade receivables | 40 | €1,676 | €29,731 | +€28,055 | +1,674% |
| Other amounts receivable | 41 | €6,814 | €0 | -€6,814 | -100% |
| Cash at bank and in hand | 54/58 | €154 | €29,155 | +€29,001 | +18,779% |
| Deferred charges and accrued income | 490/1 | €5,805 | €3,579 | -€2,226 | -38.4% |
| Total equity and liabilities | 10/49 | €844,390 | €783,491 | -€60,899 | -7.2% |
| Equity | 10/15 | €88,443 | €112,618 | +€24,175 | +27.3% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €7,010 | €7,010 | = | 0.0% |
| Distributable reserves | 133 | €7,010 | €7,010 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,933 | €68,108 | +€24,175 | +55.0% |
| Amounts payable | 17/49 | €755,947 | €670,872 | -€85,075 | -11.3% |
| Amounts payable after more than one year | 17 | €412,707 | €293,354 | -€119,353 | -28.9% |
| Financial debts | 170/4 | €412,707 | €293,354 | -€119,353 | -28.9% |
| Amounts payable within one year | 42/48 | €343,175 | €377,155 | +€33,979 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €97,430 | €94,483 | -€2,947 | -3.0% |
| Financial debts | 43 | €13,291 | €0 | -€13,291 | -100% |
| Credit institutions | 430/8 | €13,291 | €0 | -€13,291 | -100% |
| Trade debts | 44 | €24,595 | €25,498 | +€903 | +3.7% |
| Suppliers | 440/4 | €24,595 | €25,498 | +€903 | +3.7% |
| Taxes, remuneration and social security | 45 | €15,309 | €20,393 | +€5,085 | +33.2% |
| Taxes | 450/3 | €14,426 | €20,393 | +€5,967 | +41.4% |
| Remuneration and social security | 454/9 | €882 | €0 | -€882 | -100% |
| Other amounts payable | 47/48 | €192,551 | €236,780 | +€44,229 | +23.0% |
| Accrued charges and deferred income | 492/3 | €65 | €364 | +€299 | +460% |
| Remuneration, social security and pensions | 62 | €89,039 | €38,768 | -€50,270 | -56.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,606 | €153,817 | +€56,211 | +57.6% |
| Other operating charges | 640/8 | €64,927 | €47,956 | -€16,971 | -26.1% |
| Gross operating margin | 9900 | €296,619 | €259,922 | -€36,697 | -12.4% |
| Operating profit (loss) | 9901 | €45,048 | €19,381 | -€25,667 | -57.0% |
| Financial income | 75/76B | €84,956 | €47,500 | -€37,456 | -44.1% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.3% |
| Non-recurring financial income | 76B | €84,950 | €47,500 | -€37,450 | -44.1% |
| Financial charges | 65/66B | €32,559 | €40,928 | +€8,368 | +25.7% |
| Recurring financial charges | 65 | €32,559 | €40,928 | +€8,368 | +25.7% |
| Profit (loss) for the period before taxes | 9903 | €97,444 | €25,953 | -€71,491 | -73.4% |
| Income taxes | 67/77 | €14,426 | €1,778 | -€12,649 | -87.7% |
| Profit (loss) for the period | 9904 | €83,018 | €24,175 | -€58,842 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €83,018 | €24,175 | -€58,842 | -70.9% |
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 1 November 2026 via checked.be.