TRANSPORTS DENORME: 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 DENORME
Largest movements
- Tangible fixed assets -€32,136
down €32,136 (-14.7%), from €218,771 to €186,636
of which Furniture and vehicles: -€32,447
- Cash +€22,901
up €22,901 (+81.5%), from €28,110 to €51,010
mainly Depreciation (+€39,068) and Net result for the year (+€36,409)
- Receivables within one year +€5,486
up €5,486 (+11.9%), from €46,273 to €51,759
of which Trade receivables: +€6,097
- Profit (loss) carried forward +€36,409
up €36,409 (+43.3%), from €84,028 to €120,437
- Other debts -€19,872
down €19,872 (-92.5%), from €21,481 to €1,609
- Current portion of long-term debt -€16,484
down €16,484 (-32.0%), from €51,586 to €35,102
- Debts after one year -€5,102
down €5,102 (-5.9%), from €86,097 to €80,995
- Trade debts +€3,762
up €3,762 (+26.8%), from €14,016 to €17,778
- Purchases and services -€9,706
down €9,706 (-3.8%), from €257,391 to €247,685
- Turnover -€7,624
down €7,624 (-1.7%), from €438,419 to €430,795
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 | €309,392 | €307,361 | -€2,031 | -0.7% |
| Fixed assets | 21/28 | €219,246 | €188,611 | -€30,636 | -14.0% |
| Tangible fixed assets | 22/27 | €218,771 | €186,636 | -€32,136 | -14.7% |
| Land and buildings | 22 | - | €1,920 | +€1,920 | |
| Plant, machinery and equipment | 23 | €5,775 | €4,166 | -€1,609 | -27.9% |
| Furniture and vehicles | 24 | €212,997 | €180,550 | -€32,447 | -15.2% |
| Financial fixed assets | 28 | €475 | €1,975 | +€1,500 | +316% |
| Current assets | 29/58 | €90,146 | €118,750 | +€28,605 | +31.7% |
| Stocks and contracts in progress | 3 | €4,575 | €4,311 | -€264 | -5.8% |
| Stocks | 30/36 | €4,575 | €4,311 | -€264 | -5.8% |
| Amounts receivable within one year | 40/41 | €46,273 | €51,759 | +€5,486 | +11.9% |
| Trade receivables | 40 | €41,378 | €47,475 | +€6,097 | +14.7% |
| Other amounts receivable | 41 | €4,895 | €4,284 | -€612 | -12.5% |
| Cash at bank and in hand | 54/58 | €28,110 | €51,010 | +€22,901 | +81.5% |
| Deferred charges and accrued income | 490/1 | €11,188 | €11,669 | +€482 | +4.3% |
| Total equity and liabilities | 10/49 | €309,392 | €307,361 | -€2,031 | -0.7% |
| Equity | 10/15 | €104,488 | €140,897 | +€36,409 | +34.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,028 | €120,437 | +€36,409 | +43.3% |
| Amounts payable | 17/49 | €204,904 | €166,464 | -€38,440 | -18.8% |
| Amounts payable after more than one year | 17 | €86,097 | €80,995 | -€5,102 | -5.9% |
| Financial debts | 170/4 | €86,097 | €80,995 | -€5,102 | -5.9% |
| Amounts payable within one year | 42/48 | €118,802 | €85,052 | -€33,751 | -28.4% |
| Current portion of amounts payable after more than one year | 42 | €51,586 | €35,102 | -€16,484 | -32.0% |
| Financial debts | 43 | €2,306 | - | -€2,306 | |
| Credit institutions | 430/8 | €2,306 | - | -€2,306 | |
| Trade debts | 44 | €14,016 | €17,778 | +€3,762 | +26.8% |
| Suppliers | 440/4 | €14,016 | €17,778 | +€3,762 | +26.8% |
| Taxes, remuneration and social security | 45 | €29,413 | €30,563 | +€1,150 | +3.9% |
| Taxes | 450/3 | €19,181 | €20,805 | +€1,624 | +8.5% |
| Remuneration and social security | 454/9 | €10,232 | €9,758 | -€474 | -4.6% |
| Other amounts payable | 47/48 | €21,481 | €1,609 | -€19,872 | -92.5% |
| Accrued charges and deferred income | 492/3 | €5 | €417 | +€412 | +8,765% |
| Turnover | 70 | €438,419 | €430,795 | -€7,624 | -1.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €257,391 | €247,685 | -€9,706 | -3.8% |
| Remuneration, social security and pensions | 62 | €84,078 | €82,636 | -€1,441 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,495 | €39,068 | +€1,573 | +4.2% |
| Other operating charges | 640/8 | €471 | €484 | +€12 | +2.6% |
| Gross operating margin | 9900 | €181,028 | €183,110 | +€2,082 | +1.2% |
| Operating profit (loss) | 9901 | €58,984 | €60,922 | +€1,938 | +3.3% |
| Financial income | 75/76B | €800 | €713 | -€87 | -10.9% |
| Recurring financial income | 75 | €800 | €713 | -€87 | -10.9% |
| Financial charges | 65/66B | €15,174 | €14,161 | -€1,013 | -6.7% |
| Recurring financial charges | 65 | €15,174 | €14,161 | -€1,013 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €44,610 | €47,474 | +€2,864 | +6.4% |
| Income taxes | 67/77 | €9,224 | €11,065 | +€1,841 | +20.0% |
| Profit (loss) for the period | 9904 | €35,386 | €36,409 | +€1,023 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,386 | €36,409 | +€1,023 | +2.9% |
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.