Transport Semaille: 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 Semaille
Largest movements
- Tangible fixed assets +€71,106
up €71,106 (+64.7%), from €109,926 to €181,033
of which Furniture and vehicles: +€72,875
- Receivables within one year +€18,087
up €18,087 (+45.9%), from €39,444 to €57,531
of which Other amounts receivable: +€19,045
- Cash -€10,223
down €10,223 (-24.6%), from €41,615 to €31,392
mainly Investment in fixed assets (net) (-€90,813) and Receivables within one year (-€18,087)
- Current portion of long-term debt +€43,103
up €43,103 (+133%), from €32,385 to €75,489
- Debts after one year +€33,911
up €33,911 (+63.5%), from €53,366 to €87,278
- Tax, wage and social debts -€7,448
down €7,448 (-76.6%), from €9,728 to €2,280
of which Taxes: -€5,448
- Trade debts +€5,132
up €5,132 (+72.9%), from €7,037 to €12,169
- Profit (loss) carried forward +€3,908
up €3,908 (+8.4%), from €46,418 to €50,326
- Other operating charges +€28,978
up €28,978 (+142%), from €20,472 to €49,450
- Depreciation -€20,432
down €20,432 (-50.6%), from €40,383 to €19,951
- Gross operating margin +€10,029
up €10,029 (+15.3%), from €65,751 to €75,780
- Taxes -€937
down €937 (-77.0%), from €1,217 to €280
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 | €191,607 | €270,326 | +€78,719 | +41.1% |
| Formation expenses | 20 | €550 | €305 | -€245 | -44.5% |
| Fixed assets | 21/28 | €109,977 | €181,083 | +€71,106 | +64.7% |
| Tangible fixed assets | 22/27 | €109,926 | €181,033 | +€71,106 | +64.7% |
| Plant, machinery and equipment | 23 | €3,078 | €1,852 | -€1,227 | -39.8% |
| Furniture and vehicles | 24 | €104,680 | €177,555 | +€72,875 | +69.6% |
| Other tangible fixed assets | 26 | €2,168 | €1,626 | -€542 | -25.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €81,081 | €88,938 | +€7,857 | +9.7% |
| Amounts receivable within one year | 40/41 | €39,444 | €57,531 | +€18,087 | +45.9% |
| Trade receivables | 40 | €39,160 | €38,202 | -€958 | -2.4% |
| Other amounts receivable | 41 | €284 | €19,328 | +€19,045 | +6,718% |
| Cash at bank and in hand | 54/58 | €41,615 | €31,392 | -€10,223 | -24.6% |
| Deferred charges and accrued income | 490/1 | €22 | €16 | -€7 | -29.6% |
| Total equity and liabilities | 10/49 | €191,607 | €270,326 | +€78,719 | +41.1% |
| Equity | 10/15 | €56,418 | €60,326 | +€3,908 | +6.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,418 | €50,326 | +€3,908 | +8.4% |
| Amounts payable | 17/49 | €135,189 | €210,000 | +€74,811 | +55.3% |
| Amounts payable after more than one year | 17 | €53,366 | €87,278 | +€33,911 | +63.5% |
| Financial debts | 170/4 | €53,366 | €87,278 | +€33,911 | +63.5% |
| Amounts payable within one year | 42/48 | €80,023 | €120,922 | +€40,899 | +51.1% |
| Current portion of amounts payable after more than one year | 42 | €32,385 | €75,489 | +€43,103 | +133% |
| Trade debts | 44 | €7,037 | €12,169 | +€5,132 | +72.9% |
| Suppliers | 440/4 | €7,037 | €12,169 | +€5,132 | +72.9% |
| Taxes, remuneration and social security | 45 | €9,728 | €2,280 | -€7,448 | -76.6% |
| Taxes | 450/3 | €5,728 | €280 | -€5,448 | -95.1% |
| Remuneration and social security | 454/9 | €4,000 | €2,000 | -€2,000 | -50.0% |
| Other amounts payable | 47/48 | €30,873 | €30,985 | +€112 | +0.4% |
| Accrued charges and deferred income | 492/3 | €1,800 | €1,800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,383 | €19,951 | -€20,432 | -50.6% |
| Other operating charges | 640/8 | €20,472 | €49,450 | +€28,978 | +142% |
| Gross operating margin | 9900 | €65,751 | €75,780 | +€10,029 | +15.3% |
| Operating profit (loss) | 9901 | €4,896 | €6,378 | +€1,483 | +30.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -97.2% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -97.2% |
| Financial charges | 65/66B | €2,519 | €2,191 | -€328 | -13.0% |
| Recurring financial charges | 65 | €2,519 | €2,191 | -€328 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €2,377 | €4,188 | +€1,810 | +76.2% |
| Income taxes | 67/77 | €1,217 | €280 | -€937 | -77.0% |
| Profit (loss) for the period | 9904 | €1,161 | €3,908 | +€2,747 | +237% |
| Profit (loss) for the period to be appropriated | 9905 | €1,161 | €3,908 | +€2,747 | +237% |
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 30 October 2026 via checked.be.