TD 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.
TD TRANS
Largest movements
- Cash +€13,626
up €13,626 (+33.8%), from €40,258 to €53,884
mainly Net result for the year (+€21,198) and Tax, wage and social debts (+€7,966)
- Tangible fixed assets -€6,984
down €6,984 (-34.4%), from €20,329 to €13,345
of which Furniture and vehicles: -€6,613
- Receivables within one year +€4,583
up €4,583 (+13.4%), from €34,072 to €38,655
of which Trade receivables: +€5,164
- Deferred charges and accrued income +€3,171
up €3,171 (+29.0%), from €10,926 to €14,097
- Profit (loss) carried forward +€21,198
up €21,198 (+78.3%), from €27,077 to €48,275
- Debts after one year -€8,091
down €8,091 (-92.1%), from €8,786 to €694
- Tax, wage and social debts +€7,966
up €7,966 (+33.1%), from €24,060 to €32,026
of which Taxes: +€8,389
- Trade debts -€7,093
down €7,093 (-38.4%), from €18,449 to €11,355
- Gross operating margin +€18,727
up €18,727 (+9.8%), from €191,698 to €210,425
- Other operating charges +€11,346
up €11,346 (+86.8%), from €13,073 to €24,419
- Staff costs -€9,131
down €9,131 (-5.8%), from €156,917 to €147,786
- Taxes +€4,563
up €4,563 (+115.7%), from €3,942 to €8,504
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 | €105,585 | €119,981 | +€14,396 | +13.6% |
| Fixed assets | 21/28 | €20,329 | €13,345 | -€6,984 | -34.4% |
| Tangible fixed assets | 22/27 | €20,329 | €13,345 | -€6,984 | -34.4% |
| Plant, machinery and equipment | 23 | €544 | €173 | -€371 | -68.2% |
| Furniture and vehicles | 24 | €19,785 | €13,172 | -€6,613 | -33.4% |
| Current assets | 29/58 | €85,256 | €106,636 | +€21,380 | +25.1% |
| Amounts receivable within one year | 40/41 | €34,072 | €38,655 | +€4,583 | +13.4% |
| Trade receivables | 40 | €29,782 | €34,945 | +€5,164 | +17.3% |
| Other amounts receivable | 41 | €4,291 | €3,710 | -€581 | -13.5% |
| Cash at bank and in hand | 54/58 | €40,258 | €53,884 | +€13,626 | +33.8% |
| Deferred charges and accrued income | 490/1 | €10,926 | €14,097 | +€3,171 | +29.0% |
| Total equity and liabilities | 10/49 | €105,585 | €119,981 | +€14,396 | +13.6% |
| Equity | 10/15 | €46,289 | €67,487 | +€21,198 | +45.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,077 | €48,275 | +€21,198 | +78.3% |
| Amounts payable | 17/49 | €59,296 | €52,494 | -€6,802 | -11.5% |
| Amounts payable after more than one year | 17 | €8,786 | €694 | -€8,091 | -92.1% |
| Financial debts | 170/4 | €8,786 | €694 | -€8,091 | -92.1% |
| Amounts payable within one year | 42/48 | €50,510 | €51,800 | +€1,289 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €7,659 | €8,091 | +€432 | +5.6% |
| Trade debts | 44 | €18,449 | €11,355 | -€7,093 | -38.4% |
| Suppliers | 440/4 | €18,449 | €11,355 | -€7,093 | -38.4% |
| Taxes, remuneration and social security | 45 | €24,060 | €32,026 | +€7,966 | +33.1% |
| Taxes | 450/3 | €8,214 | €16,603 | +€8,389 | +102.1% |
| Remuneration and social security | 454/9 | €15,846 | €15,423 | -€423 | -2.7% |
| Other amounts payable | 47/48 | €342 | €327 | -€16 | -4.5% |
| Remuneration, social security and pensions | 62 | €156,917 | €147,786 | -€9,131 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,984 | €6,984 | = | 0.0% |
| Other operating charges | 640/8 | €13,073 | €24,419 | +€11,346 | +86.8% |
| Gross operating margin | 9900 | €191,698 | €210,425 | +€18,727 | +9.8% |
| Operating profit (loss) | 9901 | €14,724 | €31,236 | +€16,512 | +112.1% |
| Financial charges | 65/66B | €1,740 | €1,533 | -€207 | -11.9% |
| Recurring financial charges | 65 | €1,740 | €1,533 | -€207 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €12,984 | €29,703 | +€16,719 | +128.8% |
| Income taxes | 67/77 | €3,942 | €8,504 | +€4,563 | +115.7% |
| Profit (loss) for the period | 9904 | €9,042 | €21,198 | +€12,156 | +134.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,042 | €21,198 | +€12,156 | +134.4% |
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.