T-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.
T-Trans
Largest movements
- Tangible fixed assets +€18,370
up €18,370 (+145.5%), from €12,624 to €30,995
- Receivables within one year +€14,679
up €14,679 (+71.7%), from €20,479 to €35,159
of which Trade receivables: +€14,449
- Cash +€12,380
up €12,380 (+177.3%), from €6,981 to €19,362
mainly Net result for the year (+€17,012) and Other debts (+€15,136)
- Deferred charges and accrued income -€938
down €938 (-70.2%), from €1,336 to €398
- Reserves +€17,012
up €17,012 (+183.1%), from €9,292 to €26,303
- Other debts +€15,136
up €15,136 (+132.4%), from €11,428 to €26,564
- Tax, wage and social debts +€13,826
up €13,826 (+89.4%), from €15,466 to €29,291
of which Taxes: +€15,182
- Trade debts -€1,481
down €1,481 (-35.0%), from €4,236 to €2,754
- Gross operating margin +€60,423
up €60,423 (+171.1%), from €35,312 to €95,735
- Staff costs +€41,214
up €41,214 (+173.9%), from €23,693 to €64,907
- Taxes +€3,780
up €3,780 (+199.8%), from €1,892 to €5,673
- Depreciation +€2,904
up €2,904 (+892.2%), from €326 to €3,230
- Financial charges +€1,703
up €1,703 (+338.1%), from €504 to €2,207
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 | €42,421 | €86,913 | +€44,492 | +104.9% |
| Fixed assets | 21/28 | €13,624 | €31,995 | +€18,370 | +134.8% |
| Tangible fixed assets | 22/27 | €12,624 | €30,995 | +€18,370 | +145.5% |
| Furniture and vehicles | 24 | €12,624 | €30,995 | +€18,370 | +145.5% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €28,796 | €54,918 | +€26,122 | +90.7% |
| Amounts receivable within one year | 40/41 | €20,479 | €35,159 | +€14,679 | +71.7% |
| Trade receivables | 40 | €20,479 | €34,928 | +€14,449 | +70.6% |
| Other amounts receivable | 41 | - | €231 | +€231 | |
| Cash at bank and in hand | 54/58 | €6,981 | €19,362 | +€12,380 | +177.3% |
| Deferred charges and accrued income | 490/1 | €1,336 | €398 | -€938 | -70.2% |
| Total equity and liabilities | 10/49 | €42,421 | €86,913 | +€44,492 | +104.9% |
| Equity | 10/15 | €11,292 | €28,303 | +€17,012 | +150.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €9,292 | €26,303 | +€17,012 | +183.1% |
| Distributable reserves | 133 | €9,292 | €26,303 | +€17,012 | +183.1% |
| Amounts payable | 17/49 | €31,129 | €58,610 | +€27,481 | +88.3% |
| Amounts payable within one year | 42/48 | €31,129 | €58,610 | +€27,481 | +88.3% |
| Trade debts | 44 | €4,236 | €2,754 | -€1,481 | -35.0% |
| Suppliers | 440/4 | €4,236 | €2,754 | -€1,481 | -35.0% |
| Taxes, remuneration and social security | 45 | €15,466 | €29,291 | +€13,826 | +89.4% |
| Taxes | 450/3 | €7,940 | €23,121 | +€15,182 | +191.2% |
| Remuneration and social security | 454/9 | €7,526 | €6,170 | -€1,356 | -18.0% |
| Other amounts payable | 47/48 | €11,428 | €26,564 | +€15,136 | +132.4% |
| Remuneration, social security and pensions | 62 | €23,693 | €64,907 | +€41,214 | +173.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €326 | €3,230 | +€2,904 | +892.2% |
| Other operating charges | 640/8 | €1,834 | €2,707 | +€873 | +47.6% |
| Gross operating margin | 9900 | €35,312 | €95,735 | +€60,423 | +171.1% |
| Operating profit (loss) | 9901 | €9,459 | €24,891 | +€15,432 | +163.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €504 | €2,207 | +€1,703 | +338.1% |
| Recurring financial charges | 65 | €504 | €2,207 | +€1,703 | +338.1% |
| Profit (loss) for the period before taxes | 9903 | €8,955 | €22,684 | +€13,729 | +153.3% |
| Income taxes | 67/77 | €1,892 | €5,673 | +€3,780 | +199.8% |
| Profit (loss) for the period | 9904 | €7,063 | €17,012 | +€9,949 | +140.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,063 | €17,012 | +€9,949 | +140.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.