• Annual report 2025
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2025 timetable: more than 1,500 additional trains each week

With effect from the 2024 timetable, NS started running an additional 1,800 trains per week. Then in late 2024, NS also significantly improved its 2025 timetable.

21. Trade and other liabilities

Other liabilities consist largely of purchase invoices yet to be received. Other liabilities also include reserves for personnel expenses, such as holiday allowance, and interest yet to be paid.

22. Deferred income

The deferred income of €590 million (2023: €590 million) consists mainly of amounts for student public transport passes received in advance and season ticket payments received in advance.

23. Other financial assets, including investments

The interest in Eurofima is measured at fair value. The net asset value based on the most recently available financial statements of this interest has been used as the best approximation of the fair value.

24. Equity

See the consolidated statement of changes in equity for the movements in equity.

25. Loans and other financial liabilities, including derivatives

In 2024, the Group had a net amount of €901 million in new private loans to finance new rolling stock.

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