SASCO 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.
SASCO TRANS
Largest movements
- Cash +€382,159
up €382,159 (+1,396%), from €27,368 to €409,528
mainly Current investments (+€350,000) and Net result for the year (+€41,728)
- Current investments -€350,000
no longer reported in 2025 (was €350,000)
- Receivables within one year +€8,054
up €8,054 (+55.9%), from €14,415 to €22,469
of which Trade receivables: +€5,996
- Reserves +€41,728
up €41,728 (+11.2%), from €372,764 to €414,492
of which Distributable reserves: +€65,497
- Gross operating margin +€19,198
up €19,198 (+40.0%), from €48,010 to €67,208
- Taxes +€13,117
up €13,117 (+69.6%), from €18,851 to €31,968
- Financial income -€1,864
down €1,864 (-18.5%), from €10,081 to €8,217
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 | €395,113 | €435,423 | +€40,310 | +10.2% |
| Fixed assets | 21/28 | €378 | €1,014 | +€636 | +168% |
| Tangible fixed assets | 22/27 | €108 | €744 | +€636 | +588% |
| Plant, machinery and equipment | 23 | €108 | €744 | +€636 | +588% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €394,735 | €434,409 | +€39,674 | +10.1% |
| Amounts receivable within one year | 40/41 | €14,415 | €22,469 | +€8,054 | +55.9% |
| Trade receivables | 40 | €13,298 | €19,293 | +€5,996 | +45.1% |
| Other amounts receivable | 41 | €1,117 | €3,175 | +€2,058 | +184% |
| Current investments | 50/53 | €350,000 | - | -€350,000 | |
| Cash at bank and in hand | 54/58 | €27,368 | €409,528 | +€382,159 | +1,396% |
| Deferred charges and accrued income | 490/1 | €2,952 | €2,413 | -€539 | -18.3% |
| Total equity and liabilities | 10/49 | €395,113 | €435,423 | +€40,310 | +10.2% |
| Equity | 10/15 | €387,796 | €429,524 | +€41,728 | +10.8% |
| Contributions | 10/11 | €15,032 | €15,032 | = | 0.0% |
| Reserves | 13 | €372,764 | €414,492 | +€41,728 | +11.2% |
| Tax-exempt reserves | 132 | €23,769 | - | -€23,769 | |
| Distributable reserves | 133 | €348,995 | €414,492 | +€65,497 | +18.8% |
| Amounts payable | 17/49 | €7,317 | €5,899 | -€1,418 | -19.4% |
| Amounts payable within one year | 42/48 | €7,317 | €5,299 | -€2,018 | -27.6% |
| Trade debts | 44 | €1,426 | €570 | -€856 | -60.0% |
| Suppliers | 440/4 | €1,426 | €570 | -€856 | -60.0% |
| Taxes, remuneration and social security | 45 | €5,891 | €4,720 | -€1,171 | -19.9% |
| Taxes | 450/3 | €5,891 | €4,720 | -€1,171 | -19.9% |
| Other amounts payable | 47/48 | - | €9 | +€9 | |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69 | €163 | +€94 | +136% |
| Other operating charges | 640/8 | €1,018 | €1,359 | +€341 | +33.4% |
| Gross operating margin | 9900 | €48,010 | €67,208 | +€19,198 | +40.0% |
| Operating profit (loss) | 9901 | €46,923 | €65,686 | +€18,763 | +40.0% |
| Financial income | 75/76B | €10,081 | €8,217 | -€1,864 | -18.5% |
| Recurring financial income | 75 | €10,081 | €8,217 | -€1,864 | -18.5% |
| Financial charges | 65/66B | €213 | €207 | -€6 | -2.6% |
| Recurring financial charges | 65 | €213 | €207 | -€6 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €56,792 | €73,696 | +€16,904 | +29.8% |
| Income taxes | 67/77 | €18,851 | €31,968 | +€13,117 | +69.6% |
| Profit (loss) for the period | 9904 | €37,941 | €41,728 | +€3,787 | +10.0% |
| Transfer from tax-exempt reserves | 789 | - | €23,769 | +€23,769 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,941 | €65,497 | +€27,556 | +72.6% |
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 20 October 2026 via checked.be.