van Graefschepe Transport: 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 Graefschepe Transport
Largest movements
- Receivables within one year -€27,195
down €27,195 (-44.5%), from €61,111 to €33,916
of which Trade receivables: -€19,984
- Tangible fixed assets -€7,804
down €7,804 (-21.6%), from €36,078 to €28,274
- Debts after one year -€115,954
down €115,954 (-29.9%), from €388,156 to €272,202
- Reserves +€37,645
up €37,645 (+67.3%), from €55,907 to €93,552
- Current portion of long-term debt +€33,528
up €33,528 (+73.7%), from €45,473 to €79,001
- Tax, wage and social debts +€17,776
up €17,776 (+96.2%), from €18,477 to €36,253
of which Remuneration and social security: +€16,301
- Other debts -€6,485
down €6,485 (-62.9%), from €10,303 to €3,818
- Gross operating margin +€104,368
up €104,368 (+65.5%), from €159,333 to €263,701
- Staff costs +€60,126
up €60,126 (+68.3%), from €88,079 to €148,205
- Other operating charges +€20,295
up €20,295 (+107%), from €18,933 to €39,228
- Financial charges +€11,503
up €11,503 (+169%), from €6,798 to €18,301
- Depreciation +€5,067
up €5,067 (+185%), from €2,737 to €7,804
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 | €568,784 | €539,230 | -€29,554 | -5.2% |
| Fixed assets | 21/28 | €502,078 | €499,274 | -€2,804 | -0.6% |
| Tangible fixed assets | 22/27 | €36,078 | €28,274 | -€7,804 | -21.6% |
| Furniture and vehicles | 24 | €36,078 | €28,274 | -€7,804 | -21.6% |
| Financial fixed assets | 28 | €466,000 | €471,000 | +€5,000 | +1.1% |
| Current assets | 29/58 | €66,706 | €39,956 | -€26,750 | -40.1% |
| Amounts receivable within one year | 40/41 | €61,111 | €33,916 | -€27,195 | -44.5% |
| Trade receivables | 40 | €52,409 | €32,425 | -€19,984 | -38.1% |
| Other amounts receivable | 41 | €8,702 | €1,491 | -€7,211 | -82.9% |
| Cash at bank and in hand | 54/58 | €5,595 | €6,040 | +€445 | +8.0% |
| Total equity and liabilities | 10/49 | €568,784 | €539,230 | -€29,554 | -5.2% |
| Equity | 10/15 | €55,907 | €93,552 | +€37,645 | +67.3% |
| Reserves | 13 | €55,907 | €93,552 | +€37,645 | +67.3% |
| Distributable reserves | 133 | €55,907 | €93,552 | +€37,645 | +67.3% |
| Amounts payable | 17/49 | €512,877 | €445,678 | -€67,199 | -13.1% |
| Amounts payable after more than one year | 17 | €388,156 | €272,202 | -€115,954 | -29.9% |
| Financial debts | 170/4 | €388,156 | €272,202 | -€115,954 | -29.9% |
| Amounts payable within one year | 42/48 | €124,721 | €173,476 | +€48,755 | +39.1% |
| Current portion of amounts payable after more than one year | 42 | €45,473 | €79,001 | +€33,528 | +73.7% |
| Trade debts | 44 | €50,468 | €54,405 | +€3,937 | +7.8% |
| Suppliers | 440/4 | €50,468 | €54,405 | +€3,937 | +7.8% |
| Taxes, remuneration and social security | 45 | €18,477 | €36,253 | +€17,776 | +96.2% |
| Taxes | 450/3 | €13,775 | €15,250 | +€1,475 | +10.7% |
| Remuneration and social security | 454/9 | €4,702 | €21,003 | +€16,301 | +347% |
| Other amounts payable | 47/48 | €10,303 | €3,818 | -€6,485 | -62.9% |
| Remuneration, social security and pensions | 62 | €88,079 | €148,205 | +€60,126 | +68.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,737 | €7,804 | +€5,067 | +185% |
| Other operating charges | 640/8 | €18,933 | €39,228 | +€20,295 | +107% |
| Gross operating margin | 9900 | €159,333 | €263,701 | +€104,368 | +65.5% |
| Operating profit (loss) | 9901 | €49,584 | €68,464 | +€18,880 | +38.1% |
| Financial charges | 65/66B | €6,798 | €18,301 | +€11,503 | +169% |
| Recurring financial charges | 65 | €6,798 | €18,301 | +€11,503 | +169% |
| Profit (loss) for the period before taxes | 9903 | €42,786 | €50,163 | +€7,377 | +17.2% |
| Income taxes | 67/77 | €11,893 | €12,518 | +€625 | +5.3% |
| Profit (loss) for the period | 9904 | €30,893 | €37,645 | +€6,752 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,893 | €37,645 | +€6,752 | +21.9% |
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 20 October 2026 via checked.be.