TRANSPORTS COLLARD: 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.
TRANSPORTS COLLARD
Largest movements
- Cash -€43,431
down €43,431 (-7.9%), from €546,340 to €502,909
mainly Contributions, distributions and other (-€90,081) and Investment in fixed assets (net) (-€68,391)
- Tangible fixed assets +€42,612
up €42,612 (+257%), from €16,560 to €59,173
- Receivables within one year -€24,493
down €24,493 (-31.6%), from €77,574 to €53,081
of which Trade receivables: -€38,752
- Reserves -€21,735
down €21,735 (-4.2%), from €518,154 to €496,419
- Gross operating margin -€87,517
down €87,517 (-29.4%), from €297,425 to €209,908
- Staff costs -€45,343
down €45,343 (-36.6%), from €124,032 to €78,689
- Taxes -€15,513
down €15,513 (-31.8%), from €48,838 to €33,325
- Depreciation +€5,709
up €5,709 (+28.4%), from €20,070 to €25,779
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 | €642,805 | €616,331 | -€26,473 | -4.1% |
| Fixed assets | 21/28 | €16,560 | €59,173 | +€42,612 | +257% |
| Tangible fixed assets | 22/27 | €16,560 | €59,173 | +€42,612 | +257% |
| Furniture and vehicles | 24 | €16,560 | €59,173 | +€42,612 | +257% |
| Current assets | 29/58 | €626,244 | €557,159 | -€69,086 | -11.0% |
| Amounts receivable within one year | 40/41 | €77,574 | €53,081 | -€24,493 | -31.6% |
| Trade receivables | 40 | €69,923 | €31,171 | -€38,752 | -55.4% |
| Other amounts receivable | 41 | €7,651 | €21,910 | +€14,259 | +186% |
| Cash at bank and in hand | 54/58 | €546,340 | €502,909 | -€43,431 | -7.9% |
| Deferred charges and accrued income | 490/1 | €2,330 | €1,168 | -€1,162 | -49.9% |
| Total equity and liabilities | 10/49 | €642,805 | €616,331 | -€26,473 | -4.1% |
| Equity | 10/15 | €536,746 | €515,011 | -€21,735 | -4.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €518,154 | €496,419 | -€21,735 | -4.2% |
| Distributable reserves | 133 | €518,154 | €496,419 | -€21,735 | -4.2% |
| Amounts payable | 17/49 | €106,059 | €101,320 | -€4,739 | -4.5% |
| Amounts payable within one year | 42/48 | €106,059 | €101,320 | -€4,739 | -4.5% |
| Trade debts | 44 | €9,562 | €3,469 | -€6,093 | -63.7% |
| Suppliers | 440/4 | €9,562 | €3,469 | -€6,093 | -63.7% |
| Taxes, remuneration and social security | 45 | €13,587 | €12,275 | -€1,312 | -9.7% |
| Taxes | 450/3 | €4,706 | €6,406 | +€1,700 | +36.1% |
| Remuneration and social security | 454/9 | €8,880 | €5,868 | -€3,012 | -33.9% |
| Other amounts payable | 47/48 | €82,911 | €85,577 | +€2,666 | +3.2% |
| Remuneration, social security and pensions | 62 | €124,032 | €78,689 | -€45,343 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,070 | €25,779 | +€5,709 | +28.4% |
| Other operating charges | 640/8 | €350 | €3,166 | +€2,816 | +804% |
| Gross operating margin | 9900 | €297,425 | €209,908 | -€87,517 | -29.4% |
| Operating profit (loss) | 9901 | €152,972 | €102,274 | -€50,699 | -33.1% |
| Financial income | 75/76B | - | €169 | +€169 | |
| Recurring financial income | 75 | - | €169 | +€169 | |
| Financial charges | 65/66B | €841 | €772 | -€70 | -8.3% |
| Recurring financial charges | 65 | €841 | €772 | -€70 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €152,131 | €101,671 | -€50,460 | -33.2% |
| Income taxes | 67/77 | €48,838 | €33,325 | -€15,513 | -31.8% |
| Profit (loss) for the period | 9904 | €103,293 | €68,346 | -€34,947 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €103,293 | €68,346 | -€34,947 | -33.8% |
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 24 October 2026 via checked.be.