Van Driessche Trans: 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.
Van Driessche Trans
Largest movements
- Tangible fixed assets -€39,604
down €39,604 (-28.2%), from €140,223 to €100,619
of which Furniture and vehicles: -€38,261
- Cash -€14,175
down €14,175 (-28.5%), from €49,816 to €35,641
mainly Trade debts (-€20,159) and Debts after one year (-€16,193)
- Receivables within one year +€12,135
up €12,135 (+6.9%), from €176,954 to €189,089
of which Trade receivables: +€10,635
- Trade debts -€20,159
down €20,159 (-43.8%), from €46,042 to €25,883
- Debts after one year -€16,193
down €16,193 (-26.9%), from €60,300 to €44,107
- Gross operating margin -€33,093
down €33,093 (-24.7%), from €134,085 to €100,992
- Staff costs -€17,286
down €17,286 (-29.4%), from €58,760 to €41,474
- Taxes -€8,695
down €8,695, from €6 to -€8,689
- Provisions -€4,137
no longer reported in 2025 (was €4,137)
- Financial charges -€1,690
down €1,690 (-32.7%), from €5,174 to €3,483
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 | €400,679 | €362,448 | -€38,231 | -9.5% |
| Fixed assets | 21/28 | €140,223 | €100,619 | -€39,604 | -28.2% |
| Tangible fixed assets | 22/27 | €140,223 | €100,619 | -€39,604 | -28.2% |
| Plant, machinery and equipment | 23 | €4,233 | €2,890 | -€1,343 | -31.7% |
| Furniture and vehicles | 24 | €135,990 | €97,729 | -€38,261 | -28.1% |
| Current assets | 29/58 | €260,456 | €261,828 | +€1,372 | +0.5% |
| Stocks and contracts in progress | 3 | €12,579 | €12,050 | -€529 | -4.2% |
| Stocks | 30/36 | €12,579 | €12,050 | -€529 | -4.2% |
| Amounts receivable within one year | 40/41 | €176,954 | €189,089 | +€12,135 | +6.9% |
| Trade receivables | 40 | €146,215 | €156,849 | +€10,635 | +7.3% |
| Other amounts receivable | 41 | €30,739 | €32,239 | +€1,500 | +4.9% |
| Cash at bank and in hand | 54/58 | €49,816 | €35,641 | -€14,175 | -28.5% |
| Deferred charges and accrued income | 490/1 | €21,107 | €25,049 | +€3,942 | +18.7% |
| Total equity and liabilities | 10/49 | €400,679 | €362,448 | -€38,231 | -9.5% |
| Equity | 10/15 | €254,522 | €252,980 | -€1,541 | -0.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €235,929 | €234,388 | -€1,541 | -0.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,992 | €12,328 | -€1,664 | -11.9% |
| Distributable reserves | 133 | €220,078 | €220,201 | +€123 | +0.1% |
| Provisions and deferred taxes | 16 | €1,248 | €832 | -€416 | -33.3% |
| Deferred taxes | 168 | €1,248 | €832 | -€416 | -33.3% |
| Amounts payable | 17/49 | €144,909 | €108,635 | -€36,274 | -25.0% |
| Amounts payable after more than one year | 17 | €60,300 | €44,107 | -€16,193 | -26.9% |
| Financial debts | 170/4 | €60,300 | €44,107 | -€16,193 | -26.9% |
| Amounts payable within one year | 42/48 | €82,771 | €63,730 | -€19,041 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €15,541 | €16,193 | +€652 | +4.2% |
| Trade debts | 44 | €46,042 | €25,883 | -€20,159 | -43.8% |
| Suppliers | 440/4 | €46,042 | €25,883 | -€20,159 | -43.8% |
| Taxes, remuneration and social security | 45 | €8,852 | €8,402 | -€449 | -5.1% |
| Taxes | 450/3 | €2,543 | €3,268 | +€725 | +28.5% |
| Remuneration and social security | 454/9 | €6,309 | €5,134 | -€1,175 | -18.6% |
| Other amounts payable | 47/48 | €12,336 | €13,252 | +€916 | +7.4% |
| Accrued charges and deferred income | 492/3 | €1,838 | €798 | -€1,040 | -56.6% |
| Remuneration, social security and pensions | 62 | €58,760 | €41,474 | -€17,286 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,770 | €42,716 | -€54 | -0.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €4,137 | - | -€4,137 | |
| Other operating charges | 640/8 | €25,150 | €23,973 | -€1,177 | -4.7% |
| Gross operating margin | 9900 | €134,085 | €100,992 | -€33,093 | -24.7% |
| Operating profit (loss) | 9901 | €3,267 | -€7,171 | -€10,439 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €5,174 | €3,483 | -€1,690 | -32.7% |
| Recurring financial charges | 65 | €5,174 | €3,483 | -€1,690 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,906 | -€10,646 | -€8,739 | -458% |
| Transfer from deferred taxes | 780 | €416 | €416 | = | 0.0% |
| Income taxes | 67/77 | €6 | -€8,689 | -€8,695 | |
| Profit (loss) for the period | 9904 | -€1,497 | -€1,541 | -€44 | -3.0% |
| Transfer from tax-exempt reserves | 789 | €1,664 | €1,664 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €167 | €123 | -€44 | -26.5% |
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 22 October 2026 via checked.be.