SSA 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.
SSA TRANS
Largest movements
- Receivables within one year +€40,916
up €40,916 (+166.4%), from €24,589 to €65,505
of which Other amounts receivable: +€21,316
- Cash +€23,945
new in 2025: €23,945
mainly Net result for the year (+€41,239) and Tax, wage and social debts (+€21,885)
- Tangible fixed assets +€10,111
up €10,111 (+19.7%), from €51,287 to €61,398
- Reserves +€41,239
up €41,239 (+266.0%), from €15,504 to €56,743
of which Distributable reserves: +€56,743
- Tax, wage and social debts +€21,885
up €21,885 (+11960.1%), from €183 to €22,068
of which Taxes: +€16,840
- Trade debts +€17,762
up €17,762 (+143.9%), from €12,345 to €30,107
- Debts after one year +€14,764
up €14,764 (+49.0%), from €30,131 to €44,895
- Other debts -€13,817
no longer reported in 2025 (was €13,817)
- Gross operating margin +€138,946
up €138,946 (+1099.0%), from €12,643 to €151,589
- Staff costs +€74,028
new in 2025: €74,028
- Taxes +€11,965
up €11,965 (+308.0%), from €3,885 to €15,850
- Depreciation +€9,521
up €9,521 (+282.7%), from €3,368 to €12,889
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 | €77,341 | €153,813 | +€76,472 | +98.9% |
| Fixed assets | 21/28 | €52,752 | €64,363 | +€11,611 | +22.0% |
| Tangible fixed assets | 22/27 | €51,287 | €61,398 | +€10,111 | +19.7% |
| Furniture and vehicles | 24 | €51,287 | €61,398 | +€10,111 | +19.7% |
| Financial fixed assets | 28 | €1,465 | €2,965 | +€1,500 | +102.4% |
| Current assets | 29/58 | €24,589 | €89,449 | +€64,860 | +263.8% |
| Amounts receivable within one year | 40/41 | €24,589 | €65,505 | +€40,916 | +166.4% |
| Trade receivables | 40 | €13,443 | €33,043 | +€19,600 | +145.8% |
| Other amounts receivable | 41 | €11,146 | €32,462 | +€21,316 | +191.2% |
| Cash at bank and in hand | 54/58 | - | €23,945 | +€23,945 | |
| Total equity and liabilities | 10/49 | €77,341 | €153,813 | +€76,472 | +98.9% |
| Equity | 10/15 | €15,504 | €56,743 | +€41,239 | +266.0% |
| Reserves | 13 | €15,504 | €56,743 | +€41,239 | +266.0% |
| Non-distributable reserves | 130/1 | €15,504 | - | -€15,504 | |
| Other | 1319 | €15,504 | - | -€15,504 | |
| Distributable reserves | 133 | - | €56,743 | +€56,743 | |
| Amounts payable | 17/49 | €61,837 | €97,069 | +€35,233 | +57.0% |
| Amounts payable after more than one year | 17 | €30,131 | €44,895 | +€14,764 | +49.0% |
| Financial debts | 170/4 | €30,131 | €44,895 | +€14,764 | +49.0% |
| Amounts payable within one year | 42/48 | €31,706 | €52,174 | +€20,469 | +64.6% |
| Financial debts | 43 | €5,361 | - | -€5,361 | |
| Credit institutions | 430/8 | €5,361 | - | -€5,361 | |
| Trade debts | 44 | €12,345 | €30,107 | +€17,762 | +143.9% |
| Suppliers | 440/4 | €12,345 | €30,107 | +€17,762 | +143.9% |
| Taxes, remuneration and social security | 45 | €183 | €22,068 | +€21,885 | +11960.1% |
| Taxes | 450/3 | €183 | €17,023 | +€16,840 | +9203.2% |
| Remuneration and social security | 454/9 | - | €5,045 | +€5,045 | |
| Other amounts payable | 47/48 | €13,817 | - | -€13,817 | |
| Remuneration, social security and pensions | 62 | - | €74,028 | +€74,028 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,368 | €12,889 | +€9,521 | +282.7% |
| Other operating charges | 640/8 | €4,160 | €4,909 | +€749 | +18.0% |
| Gross operating margin | 9900 | €12,643 | €151,589 | +€138,946 | +1099.0% |
| Operating profit (loss) | 9901 | €5,115 | €59,763 | +€54,648 | +1068.4% |
| Financial income | 75/76B | €320 | - | -€320 | |
| Recurring financial income | 75 | €320 | - | -€320 | |
| Financial charges | 65/66B | €1,489 | €2,674 | +€1,185 | +79.5% |
| Recurring financial charges | 65 | €1,489 | €2,674 | +€1,185 | +79.5% |
| Profit (loss) for the period before taxes | 9903 | €3,946 | €57,089 | +€53,143 | +1346.9% |
| Income taxes | 67/77 | €3,885 | €15,850 | +€11,965 | +308.0% |
| Profit (loss) for the period | 9904 | €60 | €41,239 | +€41,179 | +68312.2% |
| Profit (loss) for the period to be appropriated | 9905 | €60 | €41,239 | +€41,179 | +68312.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.