SWISS - 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.
SWISS - TRANS
Largest movements
- Receivables within one year +€26,152
up €26,152 (+20.7%), from €126,440 to €152,593
of which Trade receivables: +€20,181
- Cash +€4,795
up €4,795 (+116%), from €4,120 to €8,915
mainly Accrued charges and deferred income (+€15,000) and Short-term financial debts (+€11,852)
- Accrued charges and deferred income +€15,000
new in 2025: €15,000
- Short-term financial debts +€11,852
new in 2025: €11,852
- Reserves +€5,025
up €5,025 (+4.9%), from €103,559 to €108,584
of which Distributable reserves: +€5,025
- Tax, wage and social debts -€3,826
down €3,826 (-62.4%), from €6,133 to €2,307
- Trade debts +€3,570
up €3,570 (+33.6%), from €10,635 to €14,204
- Gross operating margin -€7,240
down €7,240 (-36.9%), from €19,605 to €12,365
- Taxes -€2,154
down €2,154 (-47.5%), from €4,531 to €2,378
- Financial charges +€713
up €713 (+59.2%), from €1,205 to €1,918
- Staff costs +€508
new in 2025: €508
- Other operating charges -€210
down €210 (-8.9%), from €2,357 to €2,146
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 | €138,943 | €170,564 | +€31,620 | +22.8% |
| Fixed assets | 21/28 | €2,375 | €3,048 | +€673 | +28.3% |
| Tangible fixed assets | 22/27 | €678 | €201 | -€477 | -70.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €678 | €201 | -€477 | -70.4% |
| Financial fixed assets | 28 | €1,698 | €2,848 | +€1,150 | +67.7% |
| Current assets | 29/58 | €136,568 | €167,515 | +€30,947 | +22.7% |
| Amounts receivable within one year | 40/41 | €126,440 | €152,593 | +€26,152 | +20.7% |
| Trade receivables | 40 | €16,303 | €36,484 | +€20,181 | +124% |
| Other amounts receivable | 41 | €110,137 | €116,108 | +€5,971 | +5.4% |
| Current investments | 50/53 | €6,008 | €6,008 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,120 | €8,915 | +€4,795 | +116% |
| Total equity and liabilities | 10/49 | €138,943 | €170,564 | +€31,620 | +22.8% |
| Equity | 10/15 | €122,176 | €127,201 | +€5,025 | +4.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €103,559 | €108,584 | +€5,025 | +4.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €101,699 | €106,724 | +€5,025 | +4.9% |
| Profit (loss) carried forward | 14 | €25 | €25 | = | 0.0% |
| Amounts payable | 17/49 | €16,768 | €43,363 | +€26,595 | +159% |
| Amounts payable within one year | 42/48 | €16,768 | €28,363 | +€11,595 | +69.2% |
| Financial debts | 43 | - | €11,852 | +€11,852 | |
| Credit institutions | 430/8 | - | €11,852 | +€11,852 | |
| Trade debts | 44 | €10,635 | €14,204 | +€3,570 | +33.6% |
| Suppliers | 440/4 | €10,635 | €14,204 | +€3,570 | +33.6% |
| Taxes, remuneration and social security | 45 | €6,133 | €2,307 | -€3,826 | -62.4% |
| Taxes | 450/3 | €6,133 | €2,307 | -€3,826 | -62.4% |
| Accrued charges and deferred income | 492/3 | - | €15,000 | +€15,000 | |
| Remuneration, social security and pensions | 62 | - | €508 | +€508 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €481 | €477 | -€4 | -0.7% |
| Other operating charges | 640/8 | €2,357 | €2,146 | -€210 | -8.9% |
| Gross operating margin | 9900 | €19,605 | €12,365 | -€7,240 | -36.9% |
| Operating profit (loss) | 9901 | €16,768 | €9,234 | -€7,534 | -44.9% |
| Financial income | 75/76B | €105 | €87 | -€18 | -16.9% |
| Recurring financial income | 75 | €105 | €87 | -€18 | -16.9% |
| Financial charges | 65/66B | €1,205 | €1,918 | +€713 | +59.2% |
| Recurring financial charges | 65 | €1,205 | €1,918 | +€713 | +59.2% |
| Profit (loss) for the period before taxes | 9903 | €15,668 | €7,403 | -€8,265 | -52.8% |
| Income taxes | 67/77 | €4,531 | €2,378 | -€2,154 | -47.5% |
| Profit (loss) for the period | 9904 | €11,137 | €5,025 | -€6,111 | -54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,137 | €5,025 | -€6,111 | -54.9% |
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 27 October 2026 via checked.be.