GROUP R 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.
GROUP R TRANS
Largest movements
- Tangible fixed assets +€11,184
up €11,184 (+235%), from €4,765 to €15,949
- Receivables within one year -€8,050
down €8,050 (-11.9%), from €67,637 to €59,587
of which Trade receivables: -€16,651
- Cash -€1,433
down €1,433 (-20.9%), from €6,853 to €5,420
mainly Investment in fixed assets (net) (-€18,679) and Tax, wage and social debts (-€7,123)
- Reserves +€8,000
up €8,000 (+88.9%), from €9,000 to €17,000
- Tax, wage and social debts -€7,123
down €7,123 (-65.3%), from €10,905 to €3,782
- Purchases and services -€21,357
down €21,357 (-12.7%), from €168,247 to €146,890
- Turnover -€15,272
down €15,272 (-8.4%), from €182,593 to €167,321
- Gross operating margin +€6,085
up €6,085 (+42.4%), from €14,346 to €20,431
- Depreciation +€4,938
up €4,938 (+193%), from €2,557 to €7,495
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 | €88,254 | €89,955 | +€1,701 | +1.9% |
| Fixed assets | 21/28 | €13,765 | €24,949 | +€11,184 | +81.2% |
| Tangible fixed assets | 22/27 | €4,765 | €15,949 | +€11,184 | +235% |
| Furniture and vehicles | 24 | €4,765 | €15,949 | +€11,184 | +235% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €74,489 | €65,007 | -€9,483 | -12.7% |
| Amounts receivable within one year | 40/41 | €67,637 | €59,587 | -€8,050 | -11.9% |
| Trade receivables | 40 | €16,651 | - | -€16,651 | |
| Other amounts receivable | 41 | €50,985 | €59,587 | +€8,602 | +16.9% |
| Cash at bank and in hand | 54/58 | €6,853 | €5,420 | -€1,433 | -20.9% |
| Total equity and liabilities | 10/49 | €88,254 | €89,955 | +€1,701 | +1.9% |
| Equity | 10/15 | €76,948 | €85,509 | +€8,562 | +11.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,000 | €17,000 | +€8,000 | +88.9% |
| Distributable reserves | 133 | €9,000 | €17,000 | +€8,000 | +88.9% |
| Profit (loss) carried forward | 14 | €61,748 | €62,309 | +€562 | +0.9% |
| Amounts payable | 17/49 | €11,307 | €4,446 | -€6,861 | -60.7% |
| Amounts payable within one year | 42/48 | €11,307 | €4,446 | -€6,861 | -60.7% |
| Financial debts | 43 | - | €664 | +€664 | |
| Credit institutions | 430/8 | - | €664 | +€664 | |
| Trade debts | 44 | €401 | - | -€401 | |
| Suppliers | 440/4 | €401 | - | -€401 | |
| Taxes, remuneration and social security | 45 | €10,905 | €3,782 | -€7,123 | -65.3% |
| Taxes | 450/3 | €10,905 | €3,782 | -€7,123 | -65.3% |
| Turnover | 70 | €182,593 | €167,321 | -€15,272 | -8.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €168,247 | €146,890 | -€21,357 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,557 | €7,495 | +€4,938 | +193% |
| Other operating charges | 640/8 | €480 | €1,733 | +€1,253 | +261% |
| Gross operating margin | 9900 | €14,346 | €20,431 | +€6,085 | +42.4% |
| Operating profit (loss) | 9901 | €11,309 | €11,202 | -€106 | -0.9% |
| Financial income | 75/76B | €2,895 | €3,002 | +€107 | +3.7% |
| Recurring financial income | 75 | €2,895 | €3,002 | +€107 | +3.7% |
| Financial charges | 65/66B | €117 | €71 | -€46 | -39.1% |
| Recurring financial charges | 65 | €117 | €71 | -€46 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €14,087 | €14,133 | +€46 | +0.3% |
| Income taxes | 67/77 | €4,824 | €5,571 | +€747 | +15.5% |
| Profit (loss) for the period | 9904 | €9,263 | €8,562 | -€701 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,263 | €8,562 | -€701 | -7.6% |
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 25 October 2026 via checked.be.