Tata 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.
Tata Trans
Largest movements
- Receivables within one year +€132,191
up €132,191 (+109.5%), from €120,680 to €252,871
of which Trade receivables: +€124,982
- Tangible fixed assets -€85,694
down €85,694 (-49.5%), from €173,226 to €87,532
of which Leasing and similar rights: -€80,769
- Cash -€10,364
down €10,364 (-35.4%), from €29,254 to €18,890
mainly Receivables within one year (-€132,191) and Debts after one year (-€76,319)
- Debts after one year -€76,319
down €76,319 (-73.2%), from €104,265 to €27,946
- Trade debts +€52,727
up €52,727 (+84.8%), from €62,213 to €114,940
- Tax, wage and social debts +€42,404
up €42,404 (+27.6%), from €153,815 to €196,219
of which Taxes: +€64,838
- Profit (loss) carried forward +€38,818
up €38,818, from -€31,078 to €7,740
- Current portion of long-term debt -€14,935
down €14,935 (-67.1%), from €22,255 to €7,320
- Gross operating margin +€130,206
up €130,206 (+57.6%), from €225,894 to €356,100
- Staff costs +€67,273
up €67,273 (+36.4%), from €184,813 to €252,087
- Depreciation -€25,826
down €25,826 (-72.6%), from €35,578 to €9,752
- Taxes +€24,904
up €24,904 (+3179.8%), from €783 to €25,688
- Other operating charges +€18,107
up €18,107 (+183.8%), from €9,851 to €27,958
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 | €330,702 | €365,337 | +€34,635 | +10.5% |
| Fixed assets | 21/28 | €178,256 | €92,562 | -€85,694 | -48.1% |
| Tangible fixed assets | 22/27 | €173,226 | €87,532 | -€85,694 | -49.5% |
| Furniture and vehicles | 24 | €92,457 | €87,532 | -€4,924 | -5.3% |
| Leasing and similar rights | 25 | €80,769 | - | -€80,769 | |
| Financial fixed assets | 28 | €5,030 | €5,030 | = | 0.0% |
| Current assets | 29/58 | €152,446 | €272,775 | +€120,329 | +78.9% |
| Amounts receivable within one year | 40/41 | €120,680 | €252,871 | +€132,191 | +109.5% |
| Trade receivables | 40 | €120,680 | €245,663 | +€124,982 | +103.6% |
| Other amounts receivable | 41 | - | €7,208 | +€7,208 | |
| Cash at bank and in hand | 54/58 | €29,254 | €18,890 | -€10,364 | -35.4% |
| Deferred charges and accrued income | 490/1 | €2,511 | €1,013 | -€1,498 | -59.6% |
| Total equity and liabilities | 10/49 | €330,702 | €365,337 | +€34,635 | +10.5% |
| Equity | 10/15 | -€21,958 | €16,860 | +€38,818 | |
| Contributions | 10/11 | €7,260 | €7,260 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,078 | €7,740 | +€38,818 | |
| Amounts payable | 17/49 | €352,659 | €348,477 | -€4,182 | -1.2% |
| Amounts payable after more than one year | 17 | €104,265 | €27,946 | -€76,319 | -73.2% |
| Financial debts | 170/4 | €104,265 | €27,946 | -€76,319 | -73.2% |
| Amounts payable within one year | 42/48 | €246,342 | €318,479 | +€72,137 | +29.3% |
| Current portion of amounts payable after more than one year | 42 | €22,255 | €7,320 | -€14,935 | -67.1% |
| Trade debts | 44 | €62,213 | €114,940 | +€52,727 | +84.8% |
| Suppliers | 440/4 | €62,213 | €114,940 | +€52,727 | +84.8% |
| Taxes, remuneration and social security | 45 | €153,815 | €196,219 | +€42,404 | +27.6% |
| Taxes | 450/3 | €52,104 | €116,942 | +€64,838 | +124.4% |
| Remuneration and social security | 454/9 | €101,711 | €79,277 | -€22,434 | -22.1% |
| Other amounts payable | 47/48 | €8,059 | - | -€8,059 | |
| Accrued charges and deferred income | 492/3 | €2,052 | €2,052 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €184,813 | €252,087 | +€67,273 | +36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,578 | €9,752 | -€25,826 | -72.6% |
| Other operating charges | 640/8 | €9,851 | €27,958 | +€18,107 | +183.8% |
| Gross operating margin | 9900 | €225,894 | €356,100 | +€130,206 | +57.6% |
| Operating profit (loss) | 9901 | -€4,348 | €66,303 | +€70,651 | |
| Financial income | 75/76B | - | €195 | +€195 | |
| Recurring financial income | 75 | - | €195 | +€195 | |
| Financial charges | 65/66B | €11,128 | €1,993 | -€9,135 | -82.1% |
| Recurring financial charges | 65 | €11,128 | €1,993 | -€9,135 | -82.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,476 | €64,505 | +€79,981 | |
| Income taxes | 67/77 | €783 | €25,688 | +€24,904 | +3179.8% |
| Profit (loss) for the period | 9904 | -€16,259 | €38,818 | +€55,077 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,259 | €38,818 | +€55,077 |
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 11 October 2026 via checked.be.