Vlot Trans: what changed
Two fiscal 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.
Vlot Trans
Largest movements
- Stocks and contracts -€42,054
down €42,054 (-15.6%), from €268,765 to €226,711
- Receivables within one year +€37,497
up €37,497 (+36.6%), from €102,513 to €140,010
of which Other amounts receivable: +€73,272
- Tangible fixed assets -€13,188
down €13,188 (-33.1%), from €39,872 to €26,684
of which Furniture and vehicles: -€24,300
- Cash +€11,630
up €11,630 (+1063.1%), from €1,094 to €12,724
mainly Short-term financial debts (+€112,602) and Stocks and contracts (+€42,054)
- Short-term financial debts +€112,602
up €112,602 (+159.8%), from €70,478 to €183,080
- Other debts -€58,211
no longer reported in 2025 (was €58,211)
- Trade debts -€45,705
down €45,705 (-70.9%), from €64,431 to €18,726
- Debts after one year -€17,249
down €17,249 (-41.2%), from €41,856 to €24,607
- Gross operating margin +€27,558
up €27,558, from -€4,035 to €23,523
- Financial charges -€14,735
down €14,735 (-56.3%), from €26,185 to €11,450
of which Non-recurring financial charges: -€11,728
- Depreciation -€6,778
down €6,778 (-48.8%), from €13,900 to €7,122
- Other operating charges -€419
down €419 (-16.7%), from €2,515 to €2,096
- Financial income +€391
up €391 (+126.1%), from €310 to €701
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.
Cash bridge derived
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 | €419,344 | €413,509 | -€5,835 | -1.4% |
| Fixed assets | 21/28 | €43,792 | €30,104 | -€13,688 | -31.3% |
| Tangible fixed assets | 22/27 | €39,872 | €26,684 | -€13,188 | -33.1% |
| Plant, machinery and equipment | 23 | €8,428 | €5,531 | -€2,897 | -34.4% |
| Furniture and vehicles | 24 | €31,444 | €7,144 | -€24,300 | -77.3% |
| Other tangible fixed assets | 26 | - | €14,009 | +€14,009 | |
| Financial fixed assets | 28 | €3,920 | €3,420 | -€500 | -12.8% |
| Current assets | 29/58 | €375,552 | €383,405 | +€7,853 | +2.1% |
| Stocks and contracts in progress | 3 | €268,765 | €226,711 | -€42,054 | -15.6% |
| Stocks | 30/36 | €268,765 | €226,711 | -€42,054 | -15.6% |
| Amounts receivable within one year | 40/41 | €102,513 | €140,010 | +€37,497 | +36.6% |
| Trade receivables | 40 | €102,490 | €66,715 | -€35,775 | -34.9% |
| Other amounts receivable | 41 | €23 | €73,295 | +€73,272 | +318573.9% |
| Cash at bank and in hand | 54/58 | €1,094 | €12,724 | +€11,630 | +1063.1% |
| Deferred charges and accrued income | 490/1 | €3,180 | €3,960 | +€780 | +24.5% |
| Total equity and liabilities | 10/49 | €419,344 | €413,509 | -€5,835 | -1.4% |
| Equity | 10/15 | €159,477 | €162,386 | +€2,909 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,556 | €57,556 | = | 0.0% |
| Distributable reserves | 133 | €57,556 | €57,556 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,321 | €86,230 | +€2,909 | +3.5% |
| Amounts payable | 17/49 | €259,867 | €251,123 | -€8,744 | -3.4% |
| Amounts payable after more than one year | 17 | €41,856 | €24,607 | -€17,249 | -41.2% |
| Financial debts | 170/4 | €41,856 | €24,607 | -€17,249 | -41.2% |
| Amounts payable within one year | 42/48 | €213,362 | €223,939 | +€10,577 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €16,281 | €17,250 | +€969 | +6.0% |
| Financial debts | 43 | €70,478 | €183,080 | +€112,602 | +159.8% |
| Credit institutions | 430/8 | €70,478 | €183,080 | +€112,602 | +159.8% |
| Trade debts | 44 | €64,431 | €18,726 | -€45,705 | -70.9% |
| Suppliers | 440/4 | €64,431 | €18,726 | -€45,705 | -70.9% |
| Taxes, remuneration and social security | 45 | €3,961 | €4,883 | +€922 | +23.3% |
| Taxes | 450/3 | €3,961 | €4,883 | +€922 | +23.3% |
| Other amounts payable | 47/48 | €58,211 | - | -€58,211 | |
| Accrued charges and deferred income | 492/3 | €4,649 | €2,577 | -€2,072 | -44.6% |
| Non-recurring operating income | 76A | - | €996 | +€996 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,900 | €7,122 | -€6,778 | -48.8% |
| Other operating charges | 640/8 | €2,515 | €2,096 | -€419 | -16.7% |
| Non-recurring operating charges | 66A | - | €505 | +€505 | |
| Gross operating margin | 9900 | -€4,035 | €23,523 | +€27,558 | |
| Operating profit (loss) | 9901 | -€20,450 | €13,800 | +€34,250 | |
| Financial income | 75/76B | €310 | €701 | +€391 | +126.1% |
| Recurring financial income | 75 | €310 | €701 | +€391 | +126.1% |
| Financial charges | 65/66B | €26,185 | €11,450 | -€14,735 | -56.3% |
| Recurring financial charges | 65 | €14,457 | €11,450 | -€3,007 | -20.8% |
| Non-recurring financial charges | 66B | €11,728 | - | -€11,728 | |
| Profit (loss) for the period before taxes | 9903 | -€46,325 | €3,051 | +€49,376 | |
| Income taxes | 67/77 | - | €142 | +€142 | |
| Profit (loss) for the period | 9904 | -€46,325 | €2,909 | +€49,234 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,325 | €2,909 | +€49,234 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.