2 B 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.
2 B TRANS
Largest movements
- Cash +€123,035
up €123,035 (+56.9%), from €216,050 to €339,085
mainly Depreciation (+€225,094) and Trade debts (+€184,695)
- Tangible fixed assets +€78,559
up €78,559 (+11.2%), from €703,156 to €781,715
of which Furniture and vehicles: +€73,761
- Deferred charges and accrued income +€19,500
up €19,500 (+148%), from €13,207 to €32,707
- Trade debts +€184,695
up €184,695 (+301%), from €61,276 to €245,971
- Debts after one year -€79,140
down €79,140 (-20.6%), from €384,142 to €305,002
- Reserves +€70,528
up €70,528 (+12.0%), from €587,908 to €658,435
of which Distributable reserves: +€75,351
- Other debts +€45,181
up €45,181 (+3,833%), from €1,179 to €46,359
- Current portion of long-term debt +€18,801
up €18,801 (+11.9%), from €158,271 to €177,072
- Gross operating margin +€88,066
up €88,066 (+11.4%), from €771,318 to €859,385
- Staff costs +€48,103
up €48,103 (+13.0%), from €370,142 to €418,245
- Depreciation +€20,516
up €20,516 (+10.0%), from €204,578 to €225,094
- Other operating charges +€13,964
up €13,964 (+138%), from €10,148 to €24,112
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 | €1,282,114 | €1,509,429 | +€227,315 | +17.7% |
| Fixed assets | 21/28 | €706,937 | €785,901 | +€78,964 | +11.2% |
| Tangible fixed assets | 22/27 | €703,156 | €781,715 | +€78,559 | +11.2% |
| Plant, machinery and equipment | 23 | €3,826 | €4,563 | +€737 | +19.3% |
| Furniture and vehicles | 24 | €697,629 | €771,389 | +€73,761 | +10.6% |
| Other tangible fixed assets | 26 | €1,702 | €5,763 | +€4,061 | +239% |
| Financial fixed assets | 28 | €3,781 | €4,186 | +€405 | +10.7% |
| Current assets | 29/58 | €575,177 | €723,528 | +€148,351 | +25.8% |
| Amounts receivable within one year | 40/41 | €345,919 | €351,735 | +€5,817 | +1.7% |
| Trade receivables | 40 | €288,088 | €290,401 | +€2,313 | +0.8% |
| Other amounts receivable | 41 | €57,831 | €61,335 | +€3,504 | +6.1% |
| Cash at bank and in hand | 54/58 | €216,050 | €339,085 | +€123,035 | +56.9% |
| Deferred charges and accrued income | 490/1 | €13,207 | €32,707 | +€19,500 | +148% |
| Total equity and liabilities | 10/49 | €1,282,114 | €1,509,429 | +€227,315 | +17.7% |
| Equity | 10/15 | €617,449 | €687,977 | +€70,528 | +11.4% |
| Contributions | 10/11 | €13,690 | €13,690 | = | 0.0% |
| Reserves | 13 | €587,908 | €658,435 | +€70,528 | +12.0% |
| Tax-exempt reserves | 132 | €18,430 | €13,607 | -€4,823 | -26.2% |
| Distributable reserves | 133 | €569,478 | €644,829 | +€75,351 | +13.2% |
| Profit (loss) carried forward | 14 | €15,852 | €15,852 | = | 0.0% |
| Provisions and deferred taxes | 16 | €6,143 | €4,536 | -€1,608 | -26.2% |
| Deferred taxes | 168 | €6,143 | €4,536 | -€1,608 | -26.2% |
| Amounts payable | 17/49 | €658,521 | €816,917 | +€158,395 | +24.1% |
| Amounts payable after more than one year | 17 | €384,142 | €305,002 | -€79,140 | -20.6% |
| Financial debts | 170/4 | €384,142 | €305,002 | -€79,140 | -20.6% |
| Amounts payable within one year | 42/48 | €273,994 | €510,916 | +€236,923 | +86.5% |
| Current portion of amounts payable after more than one year | 42 | €158,271 | €177,072 | +€18,801 | +11.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €61,276 | €245,971 | +€184,695 | +301% |
| Suppliers | 440/4 | €61,276 | €245,971 | +€184,695 | +301% |
| Taxes, remuneration and social security | 45 | €53,268 | €41,514 | -€11,754 | -22.1% |
| Taxes | 450/3 | €17,529 | €5,371 | -€12,159 | -69.4% |
| Remuneration and social security | 454/9 | €35,739 | €36,143 | +€404 | +1.1% |
| Other amounts payable | 47/48 | €1,179 | €46,359 | +€45,181 | +3,833% |
| Accrued charges and deferred income | 492/3 | €386 | €998 | +€613 | +159% |
| Non-recurring operating income | 76A | €4,000 | €0 | -€4,000 | -100% |
| Remuneration, social security and pensions | 62 | €370,142 | €418,245 | +€48,103 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €204,578 | €225,094 | +€20,516 | +10.0% |
| Other operating charges | 640/8 | €10,148 | €24,112 | +€13,964 | +138% |
| Gross operating margin | 9900 | €771,318 | €859,385 | +€88,066 | +11.4% |
| Operating profit (loss) | 9901 | €186,449 | €191,933 | +€5,484 | +2.9% |
| Financial income | 75/76B | €2 | €25 | +€23 | +1,111% |
| Recurring financial income | 75 | €2 | €25 | +€23 | +1,111% |
| Financial charges | 65/66B | €14,036 | €17,586 | +€3,550 | +25.3% |
| Recurring financial charges | 65 | €14,036 | €17,586 | +€3,550 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €172,415 | €174,372 | +€1,957 | +1.1% |
| Transfer from deferred taxes | 780 | €1,608 | €1,608 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €52,733 | €50,584 | -€2,150 | -4.1% |
| Profit (loss) for the period | 9904 | €121,290 | €125,396 | +€4,106 | +3.4% |
| Transfer from tax-exempt reserves | 789 | €4,823 | €4,823 | -€0 | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €126,113 | €130,219 | +€4,106 | +3.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.