Transport Spoden: what changed
Transport Spoden
Largest movements
- Tangible fixed assets -€61,846
down €61,846 (-9.0%), from €689,258 to €627,413
of which Leasing and similar rights: -€38,715
- Deferred charges and accrued income -€28,976
down €28,976 (-66.5%), from €43,566 to €14,590
- Receivables within one year +€14,233
up €14,233 (+24.7%), from €57,527 to €71,761
of which Trade receivables: +€21,877
- Cash +€8,219
up €8,219 (+55.1%), from €14,911 to €23,130
mainly Depreciation (+€61,846) and Deferred charges and accrued income (+€28,976)
- Debts after one year -€76,215
down €76,215 (-25.8%), from €295,334 to €219,119
- Gross operating margin +€22,549
up €22,549 (+37.2%), from €60,617 to €83,166
- Depreciation +€14,955
up €14,955 (+31.9%), from €46,890 to €61,846
- Financial income -€6,602
down €6,602 (-99.8%), from €6,614 to €12
of which Non-recurring financial income: -€6,575
- Other operating charges +€2,229
up €2,229 (+60.4%), from €3,692 to €5,921
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 | €805,262 | €736,894 | -€68,368 | -8.5% |
| Fixed assets | 21/28 | €689,258 | €627,413 | -€61,846 | -9.0% |
| Tangible fixed assets | 22/27 | €689,258 | €627,413 | -€61,846 | -9.0% |
| Land and buildings | 22 | €522,421 | €514,518 | -€7,903 | -1.5% |
| Plant, machinery and equipment | 23 | €6,448 | €4,120 | -€2,328 | -36.1% |
| Furniture and vehicles | 24 | €29,290 | €16,390 | -€12,900 | -44.0% |
| Leasing and similar rights | 25 | €131,099 | €92,385 | -€38,715 | -29.5% |
| Current assets | 29/58 | €116,004 | €109,481 | -€6,523 | -5.6% |
| Amounts receivable within one year | 40/41 | €57,527 | €71,761 | +€14,233 | +24.7% |
| Trade receivables | 40 | €28,279 | €50,156 | +€21,877 | +77.4% |
| Other amounts receivable | 41 | €29,249 | €21,605 | -€7,644 | -26.1% |
| Cash at bank and in hand | 54/58 | €14,911 | €23,130 | +€8,219 | +55.1% |
| Deferred charges and accrued income | 490/1 | €43,566 | €14,590 | -€28,976 | -66.5% |
| Total equity and liabilities | 10/49 | €805,262 | €736,894 | -€68,368 | -8.5% |
| Equity | 10/15 | €421,146 | €427,404 | +€6,258 | +1.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €388,146 | €394,404 | +€6,258 | +1.6% |
| Amounts payable | 17/49 | €384,116 | €309,490 | -€74,627 | -19.4% |
| Amounts payable after more than one year | 17 | €295,334 | €219,119 | -€76,215 | -25.8% |
| Financial debts | 170/4 | €295,334 | €219,119 | -€76,215 | -25.8% |
| Amounts payable within one year | 42/48 | €84,782 | €84,370 | -€412 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €76,215 | €76,215 | = | 0.0% |
| Trade debts | 44 | €8,568 | €7,665 | -€903 | -10.5% |
| Suppliers | 440/4 | €8,568 | €7,665 | -€903 | -10.5% |
| Taxes, remuneration and social security | 45 | - | €491 | +€491 | |
| Taxes | 450/3 | - | €491 | +€491 | |
| Accrued charges and deferred income | 492/3 | €4,000 | €6,000 | +€2,000 | +50.0% |
| Non-recurring operating income | 76A | €13 | €12 | -€1 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,890 | €61,846 | +€14,955 | +31.9% |
| Other operating charges | 640/8 | €3,692 | €5,921 | +€2,229 | +60.4% |
| Gross operating margin | 9900 | €60,617 | €83,166 | +€22,549 | +37.2% |
| Operating profit (loss) | 9901 | €10,034 | €15,399 | +€5,365 | +53.5% |
| Financial income | 75/76B | €6,614 | €12 | -€6,602 | -99.8% |
| Recurring financial income | 75 | €39 | €12 | -€27 | -69.0% |
| Non-recurring financial income | 76B | €6,575 | - | -€6,575 | |
| Financial charges | 65/66B | €9,233 | €8,662 | -€570 | -6.2% |
| Recurring financial charges | 65 | €8,056 | €8,662 | +€606 | +7.5% |
| Non-recurring financial charges | 66B | €1,176 | - | -€1,176 | |
| Profit (loss) for the period before taxes | 9903 | €7,416 | €6,749 | -€667 | -9.0% |
| Income taxes | 67/77 | - | €491 | +€491 | |
| Profit (loss) for the period | 9904 | €7,416 | €6,258 | -€1,158 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,416 | €6,258 | -€1,158 | -15.6% |
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 8 November 2026 via checked.be.