C.V. - 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.
C.V. - TRANS
Largest movements
- Tangible fixed assets +€53,039
up €53,039 (+32,943%), from €161 to €53,200
of which Leasing and similar rights: +€53,200
- Current investments +€6,052
up €6,052 (+20.2%), from €30,005 to €36,057
- Deferred charges and accrued income -€3,090
no longer reported in 2025 (was €3,090)
- Cash -€2,785
down €2,785 (-18.3%), from €15,245 to €12,460
mainly Investment in fixed assets (net) (-€57,045) and Current investments (-€6,052)
- Receivables within one year -€2,680
down €2,680 (-9.5%), from €28,148 to €25,468
of which Other amounts receivable: -€3,905
- Debts after one year +€35,652
new in 2025: €35,652
- Current portion of long-term debt +€11,232
new in 2025: €11,232
- Accrued charges and deferred income +€2,920
new in 2025: €2,920
- Turnover +€8,973
up €8,973 (+7.7%), from €116,777 to €125,750
- Financial income +€7,205
up €7,205 (+2,502%), from €288 to €7,493
of which Non-recurring financial income: +€7,250
- Depreciation -€5,033
down €5,033 (-56.0%), from €8,995 to €3,962
- Gross operating margin +€4,502
up €4,502 (+17.5%), from €25,707 to €30,209
- Purchases and services +€4,471
up €4,471 (+4.9%), from €91,070 to €95,541
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 | €86,108 | €136,688 | +€50,580 | +58.7% |
| Fixed assets | 21/28 | €9,620 | €62,703 | +€53,083 | +552% |
| Tangible fixed assets | 22/27 | €161 | €53,200 | +€53,039 | +32,943% |
| Land and buildings | 22 | €161 | - | -€161 | |
| Leasing and similar rights | 25 | - | €53,200 | +€53,200 | |
| Financial fixed assets | 28 | €9,459 | €9,503 | +€44 | +0.5% |
| Current assets | 29/58 | €76,488 | €73,985 | -€2,503 | -3.3% |
| Amounts receivable within one year | 40/41 | €28,148 | €25,468 | -€2,680 | -9.5% |
| Trade receivables | 40 | €12,396 | €13,621 | +€1,225 | +9.9% |
| Other amounts receivable | 41 | €15,752 | €11,847 | -€3,905 | -24.8% |
| Current investments | 50/53 | €30,005 | €36,057 | +€6,052 | +20.2% |
| Cash at bank and in hand | 54/58 | €15,245 | €12,460 | -€2,785 | -18.3% |
| Deferred charges and accrued income | 490/1 | €3,090 | - | -€3,090 | |
| Total equity and liabilities | 10/49 | €86,108 | €136,688 | +€50,580 | +58.7% |
| Equity | 10/15 | €85,602 | €86,884 | +€1,282 | +1.5% |
| Contributions | 10/11 | €13,534 | €13,534 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,209 | €71,491 | +€1,282 | +1.8% |
| Amounts payable | 17/49 | €506 | €49,804 | +€49,298 | +9,743% |
| Amounts payable after more than one year | 17 | - | €35,652 | +€35,652 | |
| Financial debts | 170/4 | - | €35,652 | +€35,652 | |
| Amounts payable within one year | 42/48 | €506 | €11,232 | +€10,726 | +2,120% |
| Current portion of amounts payable after more than one year | 42 | - | €11,232 | +€11,232 | |
| Other amounts payable | 47/48 | €506 | - | -€506 | |
| Accrued charges and deferred income | 492/3 | - | €2,920 | +€2,920 | |
| Turnover | 70 | €116,777 | €125,750 | +€8,973 | +7.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €91,070 | €95,541 | +€4,471 | +4.9% |
| Remuneration, social security and pensions | 62 | €29,906 | €29,904 | -€2 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,995 | €3,962 | -€5,033 | -56.0% |
| Other operating charges | 640/8 | €2,120 | €1,522 | -€598 | -28.2% |
| Gross operating margin | 9900 | €25,707 | €30,209 | +€4,502 | +17.5% |
| Operating profit (loss) | 9901 | -€15,314 | -€5,179 | +€10,135 | +66.2% |
| Financial income | 75/76B | €288 | €7,493 | +€7,205 | +2,502% |
| Recurring financial income | 75 | €288 | €243 | -€45 | -15.6% |
| Non-recurring financial income | 76B | - | €7,250 | +€7,250 | |
| Financial charges | 65/66B | €195 | €806 | +€611 | +313% |
| Recurring financial charges | 65 | €195 | €806 | +€611 | +313% |
| Profit (loss) for the period before taxes | 9903 | -€15,221 | €1,508 | +€16,729 | |
| Income taxes | 67/77 | €177 | €226 | +€49 | +27.7% |
| Profit (loss) for the period | 9904 | -€15,398 | €1,282 | +€16,680 | |
| Transfer from tax-exempt reserves | 789 | €15,899 | - | -€15,899 | |
| Profit (loss) for the period to be appropriated | 9905 | €501 | €1,282 | +€781 | +156% |
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 14 October 2026 via checked.be.