SS TRANS: what changed
Two fiscal 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.
SS TRANS
Largest movements
- Receivables within one year +€141,932
up €141,932 (+78.7%), from €180,324 to €322,256
of which Trade receivables: +€106,684
- Deferred charges and accrued income +€20,178
up €20,178 (+161.2%), from €12,517 to €32,695
- Cash -€12,042
no longer reported in 2025 (was €12,042)
mainly Receivables within one year (-€141,932) and Contributions, distributions and other (-€94,639)
- Tax, wage and social debts +€104,897
up €104,897 (+91.6%), from €114,541 to €219,437
of which Taxes: +€151,452
- Other debts +€67,968
up €67,968 (+109.9%), from €61,837 to €129,805
- Debts after one year -€30,890
down €30,890 (-28.7%), from €107,761 to €76,871
- Trade debts +€27,490
up €27,490 (+48.9%), from €56,254 to €83,745
- Reserves -€20,000
down €20,000 (-36.4%), from €55,000 to €35,000
- Turnover +€1.2m
up €1.2m (+112.5%), from €1.0m to €2.2m
- Gross operating margin +€709,827
up €709,827 (+116.6%), from €608,523 to €1.3m
- Staff costs +€605,711
up €605,711 (+121.9%), from €496,775 to €1.1m
- Purchases and services +€403,445
up €403,445 (+83.8%), from €481,445 to €884,890
- Taxes +€33,166
up €33,166 (+264.4%), from €12,545 to €45,712
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.
Cash bridge derived
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 | €460,975 | €609,612 | +€148,637 | +32.2% |
| Fixed assets | 21/28 | €256,092 | €254,660 | -€1,432 | -0.6% |
| Tangible fixed assets | 22/27 | €256,092 | €250,960 | -€5,132 | -2.0% |
| Plant, machinery and equipment | 23 | €36,112 | €30,365 | -€5,748 | -15.9% |
| Furniture and vehicles | 24 | €85,112 | €114,833 | +€29,721 | +34.9% |
| Leasing and similar rights | 25 | €134,868 | €105,762 | -€29,105 | -21.6% |
| Financial fixed assets | 28 | - | €3,700 | +€3,700 | |
| Current assets | 29/58 | €204,883 | €354,952 | +€150,069 | +73.2% |
| Amounts receivable within one year | 40/41 | €180,324 | €322,256 | +€141,932 | +78.7% |
| Trade receivables | 40 | €180,235 | €286,919 | +€106,684 | +59.2% |
| Other amounts receivable | 41 | €89 | €35,337 | +€35,248 | +39747.8% |
| Cash at bank and in hand | 54/58 | €12,042 | - | -€12,042 | |
| Deferred charges and accrued income | 490/1 | €12,517 | €32,695 | +€20,178 | +161.2% |
| Total equity and liabilities | 10/49 | €460,975 | €609,612 | +€148,637 | +32.2% |
| Equity | 10/15 | €65,000 | €45,000 | -€20,000 | -30.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €55,000 | €35,000 | -€20,000 | -36.4% |
| Distributable reserves | 133 | €55,000 | €35,000 | -€20,000 | -36.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €395,975 | €564,612 | +€168,637 | +42.6% |
| Amounts payable after more than one year | 17 | €107,761 | €76,871 | -€30,890 | -28.7% |
| Financial debts | 170/4 | €107,761 | €76,871 | -€30,890 | -28.7% |
| Amounts payable within one year | 42/48 | €288,215 | €487,741 | +€199,527 | +69.2% |
| Current portion of amounts payable after more than one year | 42 | €55,583 | €54,754 | -€829 | -1.5% |
| Trade debts | 44 | €56,254 | €83,745 | +€27,490 | +48.9% |
| Suppliers | 440/4 | €56,254 | €83,745 | +€27,490 | +48.9% |
| Taxes, remuneration and social security | 45 | €114,541 | €219,437 | +€104,897 | +91.6% |
| Taxes | 450/3 | €67,986 | €219,437 | +€151,452 | +222.8% |
| Remuneration and social security | 454/9 | €46,555 | - | -€46,555 | |
| Other amounts payable | 47/48 | €61,837 | €129,805 | +€67,968 | +109.9% |
| Turnover | 70 | €1,036,968 | €2,203,240 | +€1.2m | +112.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €481,445 | €884,890 | +€403,445 | +83.8% |
| Remuneration, social security and pensions | 62 | €496,775 | €1,102,486 | +€605,711 | +121.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,156 | €76,276 | +€22,119 | +40.8% |
| Other operating charges | 640/8 | €13,701 | €14,695 | +€993 | +7.3% |
| Gross operating margin | 9900 | €608,523 | €1,318,350 | +€709,827 | +116.6% |
| Operating profit (loss) | 9901 | €43,891 | €124,894 | +€81,003 | +184.6% |
| Financial income | 75/76B | - | €6,531 | +€6,531 | |
| Recurring financial income | 75 | - | €31 | +€31 | |
| Non-recurring financial income | 76B | - | €6,500 | +€6,500 | |
| Financial charges | 65/66B | €12,719 | €11,074 | -€1,645 | -12.9% |
| Recurring financial charges | 65 | €12,719 | €11,074 | -€1,645 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €31,172 | €120,351 | +€89,179 | +286.1% |
| Income taxes | 67/77 | €12,545 | €45,712 | +€33,166 | +264.4% |
| Profit (loss) for the period | 9904 | €18,627 | €74,639 | +€56,012 | +300.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,627 | €74,639 | +€56,012 | +300.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.