VAGATRANS: what changed
VAGATRANS
Largest movements
- Receivables within one year +€19,106
up €19,106 (+334%), from €5,715 to €24,821
of which Trade receivables: +€17,478
- Stocks and contracts -€8,161
no longer reported in 2025 (was €8,161)
- Cash -€2,674
down €2,674 (-74.8%), from €3,576 to €902
mainly Receivables within one year (-€19,106) and Other debts (-€2,447)
- Trade debts +€13,092
up €13,092 (+145%), from €9,015 to €22,106
- Other debts -€2,447
down €2,447 (-39.6%), from €6,180 to €3,733
- Tax, wage and social debts -€2,420
down €2,420 (-91.1%), from €2,656 to €236
of which Taxes: -€1,380
- Gross operating margin +€16,212
up €16,212, from -€105 to €16,107
- Other operating charges +€8,249
up €8,249 (+686%), from €1,203 to €9,452
- Financial charges -€6,638
down €6,638 (-89.7%), from €7,404 to €766
- Staff costs +€3,460
up €3,460 (+163%), from €2,119 to €5,579
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 | €20,283 | €28,621 | +€8,338 | +41.1% |
| Current assets | 29/58 | €20,283 | €28,621 | +€8,338 | +41.1% |
| Stocks and contracts in progress | 3 | €8,161 | - | -€8,161 | |
| Stocks | 30/36 | €8,161 | - | -€8,161 | |
| Amounts receivable within one year | 40/41 | €5,715 | €24,821 | +€19,106 | +334% |
| Trade receivables | 40 | €2,525 | €20,003 | +€17,478 | +692% |
| Other amounts receivable | 41 | €3,190 | €4,818 | +€1,628 | +51.1% |
| Cash at bank and in hand | 54/58 | €3,576 | €902 | -€2,674 | -74.8% |
| Deferred charges and accrued income | 490/1 | €2,831 | €2,898 | +€66 | +2.3% |
| Total equity and liabilities | 10/49 | €20,283 | €28,621 | +€8,338 | +41.1% |
| Equity | 10/15 | €2,432 | €2,545 | +€113 | +4.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €45 | +€45 | |
| Distributable reserves | 133 | - | €45 | +€45 | |
| Profit (loss) carried forward | 14 | -€68 | - | +€68 | |
| Amounts payable | 17/49 | €17,851 | €26,076 | +€8,225 | +46.1% |
| Amounts payable within one year | 42/48 | €17,851 | €26,076 | +€8,225 | +46.1% |
| Trade debts | 44 | €9,015 | €22,106 | +€13,092 | +145% |
| Suppliers | 440/4 | €9,015 | €22,106 | +€13,092 | +145% |
| Taxes, remuneration and social security | 45 | €2,656 | €236 | -€2,420 | -91.1% |
| Taxes | 450/3 | €1,595 | €215 | -€1,380 | -86.5% |
| Remuneration and social security | 454/9 | €1,061 | €21 | -€1,040 | -98.0% |
| Other amounts payable | 47/48 | €6,180 | €3,733 | -€2,447 | -39.6% |
| Remuneration, social security and pensions | 62 | €2,119 | €5,579 | +€3,460 | +163% |
| Other operating charges | 640/8 | €1,203 | €9,452 | +€8,249 | +686% |
| Gross operating margin | 9900 | -€105 | €16,107 | +€16,212 | |
| Operating profit (loss) | 9901 | -€3,426 | €1,076 | +€4,502 | |
| Financial income | 75/76B | €94 | €18 | -€76 | -80.8% |
| Recurring financial income | 75 | €94 | €18 | -€76 | -80.8% |
| Financial charges | 65/66B | €7,404 | €766 | -€6,638 | -89.7% |
| Recurring financial charges | 65 | €7,404 | €766 | -€6,638 | -89.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,736 | €328 | +€11,064 | |
| Income taxes | 67/77 | €190 | €215 | +€25 | +13.2% |
| Profit (loss) for the period | 9904 | -€10,926 | €113 | +€11,039 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,926 | €113 | +€11,039 |
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 6 November 2026 via checked.be.