YUKSEL TRANSPORTS: what changed
YUKSEL TRANSPORTS
Largest movements
- Financial fixed assets +€788,359
up €788,359 (+5,204%), from €15,150 to €803,509
- Cash -€616,435
down €616,435 (-65.4%), from €942,839 to €326,404
mainly Investment in fixed assets (net) (-€1.4m) and Contributions, distributions and other (-€400,000)
- Receivables within one year +€383,317
up €383,317 (+55.5%), from €690,599 to €1.1m
of which Trade receivables: +€238,241
- Tangible fixed assets +€148,952
up €148,952 (+19.1%), from €781,140 to €930,092
of which Leasing and similar rights: +€134,632
- Debts after one year +€699,138
up €699,138 (+407%), from €171,980 to €871,118
of which Financial debts: +€684,892
- Tax, wage and social debts +€192,061
up €192,061 (+143%), from €134,063 to €326,124
of which Remuneration and social security: +€243,548
- Reserves -€180,000
down €180,000 (-15.9%), from €1.1m to €954,243
of which Distributable reserves: -€177,000
- Trade debts -€95,774
down €95,774 (-24.4%), from €393,001 to €297,227
- Other debts +€45,324
up €45,324 (+7,773%), from €583 to €45,907
- Staff costs +€346,794
up €346,794 (+18.2%), from €1.9m to €2.3m
- Gross operating margin +€218,095
up €218,095 (+6.6%), from €3.3m to €3.5m
- Depreciation -€74,852
down €74,852 (-14.0%), from €534,166 to €459,314
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 | €2,431,583 | €3,134,383 | +€702,799 | +28.9% |
| Fixed assets | 21/28 | €796,290 | €1,733,600 | +€937,310 | +118% |
| Tangible fixed assets | 22/27 | €781,140 | €930,092 | +€148,952 | +19.1% |
| Plant, machinery and equipment | 23 | €4,082 | €2,094 | -€1,988 | -48.7% |
| Furniture and vehicles | 24 | €56,440 | €72,748 | +€16,308 | +28.9% |
| Leasing and similar rights | 25 | €720,617 | €855,250 | +€134,632 | +18.7% |
| Financial fixed assets | 28 | €15,150 | €803,509 | +€788,359 | +5,204% |
| Current assets | 29/58 | €1,635,294 | €1,400,782 | -€234,511 | -14.3% |
| Amounts receivable within one year | 40/41 | €690,599 | €1,073,916 | +€383,317 | +55.5% |
| Trade receivables | 40 | €686,066 | €924,307 | +€238,241 | +34.7% |
| Other amounts receivable | 41 | €4,533 | €149,609 | +€145,076 | +3,201% |
| Cash at bank and in hand | 54/58 | €942,839 | €326,404 | -€616,435 | -65.4% |
| Deferred charges and accrued income | 490/1 | €1,856 | €463 | -€1,393 | -75.1% |
| Total equity and liabilities | 10/49 | €2,431,583 | €3,134,383 | +€702,799 | +28.9% |
| Equity | 10/15 | €1,378,363 | €1,216,083 | -€162,280 | -11.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,134,243 | €954,243 | -€180,000 | -15.9% |
| Non-distributable reserves | 130/1 | €3,000 | - | -€3,000 | |
| Reserves not available under the articles | 1311 | €3,000 | - | -€3,000 | |
| Tax-exempt reserves | 132 | €53,243 | €53,243 | = | 0.0% |
| Distributable reserves | 133 | €1,078,000 | €901,000 | -€177,000 | -16.4% |
| Profit (loss) carried forward | 14 | €214,120 | €231,840 | +€17,720 | +8.3% |
| Amounts payable | 17/49 | €1,053,221 | €1,918,300 | +€865,079 | +82.1% |
| Amounts payable after more than one year | 17 | €171,980 | €871,118 | +€699,138 | +407% |
| Financial debts | 170/4 | €79,203 | €764,095 | +€684,892 | +865% |
| Other amounts payable | 178/9 | €92,777 | €107,023 | +€14,246 | +15.4% |
| Amounts payable within one year | 42/48 | €881,241 | €1,047,182 | +€165,941 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €353,593 | €377,924 | +€24,331 | +6.9% |
| Trade debts | 44 | €393,001 | €297,227 | -€95,774 | -24.4% |
| Suppliers | 440/4 | €393,001 | €297,227 | -€95,774 | -24.4% |
| Taxes, remuneration and social security | 45 | €134,063 | €326,124 | +€192,061 | +143% |
| Taxes | 450/3 | €121,289 | €69,801 | -€51,487 | -42.5% |
| Remuneration and social security | 454/9 | €12,775 | €256,323 | +€243,548 | +1,906% |
| Other amounts payable | 47/48 | €583 | €45,907 | +€45,324 | +7,773% |
| Remuneration, social security and pensions | 62 | €1,910,553 | €2,257,347 | +€346,794 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €534,166 | €459,314 | -€74,852 | -14.0% |
| Other operating charges | 640/8 | €422,691 | €456,348 | +€33,658 | +8.0% |
| Non-recurring operating charges | 66A | €8,791 | -€19,423 | -€28,213 | |
| Gross operating margin | 9900 | €3,295,086 | €3,513,181 | +€218,095 | +6.6% |
| Operating profit (loss) | 9901 | €418,886 | €359,595 | -€59,291 | -14.2% |
| Financial income | 75/76B | €80 | €19,691 | +€19,611 | +24,437% |
| Recurring financial income | 75 | €80 | €19,691 | +€19,611 | +24,437% |
| Financial charges | 65/66B | €24,205 | €37,052 | +€12,847 | +53.1% |
| Recurring financial charges | 65 | €24,205 | €37,052 | +€12,847 | +53.1% |
| Profit (loss) for the period before taxes | 9903 | €394,760 | €342,234 | -€52,527 | -13.3% |
| Income taxes | 67/77 | €72,122 | €104,514 | +€32,392 | +44.9% |
| Profit (loss) for the period | 9904 | €322,638 | €237,720 | -€84,918 | -26.3% |
| Transfer from tax-exempt reserves | 789 | - | €400,000 | +€400,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €322,638 | €637,720 | +€315,082 | +97.7% |
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 3 November 2026 via checked.be.