TRAN CORPORATION: 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.
TRAN CORPORATION
Largest movements
- Tangible fixed assets -€36,361
down €36,361 (-33.0%), from €110,094 to €73,734
of which Furniture and vehicles: -€18,768
- Cash +€16,872
up €16,872 (+26.0%), from €64,865 to €81,737
mainly Depreciation (+€36,361) and Net result for the year (+€34,591)
- Receivables within one year +€15,490
up €15,490 (+17.6%), from €87,879 to €103,369
of which Trade receivables: +€12,824
- Reserves +€25,591
up €25,591 (+24.2%), from €105,943 to €131,534
of which Distributable reserves: +€25,591
- Current portion of long-term debt -€20,950
down €20,950 (-91.5%), from €22,897 to €1,947
- Trade debts -€6,632
down €6,632 (-13.8%), from €48,078 to €41,447
of which Suppliers: -€6,683
- Gross operating margin +€20,428
up €20,428 (+13.6%), from €150,037 to €170,465
- Depreciation +€17,136
up €17,136 (+89.1%), from €19,225 to €36,361
- Taxes +€1,721
up €1,721 (+12.0%), from €14,334 to €16,055
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 | €265,657 | €261,806 | -€3,851 | -1.4% |
| Fixed assets | 21/28 | €110,094 | €73,734 | -€36,361 | -33.0% |
| Tangible fixed assets | 22/27 | €110,094 | €73,734 | -€36,361 | -33.0% |
| Land and buildings | 22 | €17,593 | - | -€17,593 | |
| Furniture and vehicles | 24 | €92,501 | €73,734 | -€18,768 | -20.3% |
| Current assets | 29/58 | €155,563 | €188,072 | +€32,509 | +20.9% |
| Amounts receivable within one year | 40/41 | €87,879 | €103,369 | +€15,490 | +17.6% |
| Trade receivables | 40 | €85,426 | €98,250 | +€12,824 | +15.0% |
| Other amounts receivable | 41 | €2,453 | €5,118 | +€2,666 | +109% |
| Cash at bank and in hand | 54/58 | €64,865 | €81,737 | +€16,872 | +26.0% |
| Deferred charges and accrued income | 490/1 | €2,819 | €2,967 | +€148 | +5.3% |
| Total equity and liabilities | 10/49 | €265,657 | €261,806 | -€3,851 | -1.4% |
| Equity | 10/15 | €124,543 | €150,134 | +€25,591 | +20.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €105,943 | €131,534 | +€25,591 | +24.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,683 | €1,683 | = | 0.0% |
| Distributable reserves | 133 | €102,399 | €127,991 | +€25,591 | +25.0% |
| Amounts payable | 17/49 | €141,114 | €111,672 | -€29,443 | -20.9% |
| Amounts payable after more than one year | 17 | €1,947 | - | -€1,947 | |
| Financial debts | 170/4 | €1,947 | - | -€1,947 | |
| Amounts payable within one year | 42/48 | €139,167 | €111,672 | -€27,496 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €22,897 | €1,947 | -€20,950 | -91.5% |
| Trade debts | 44 | €48,078 | €41,447 | -€6,632 | -13.8% |
| Suppliers | 440/4 | €48,078 | €41,395 | -€6,683 | -13.9% |
| Bills of exchange payable | 441 | - | €51 | +€51 | |
| Taxes, remuneration and social security | 45 | €15,222 | €16,897 | +€1,675 | +11.0% |
| Taxes | 450/3 | €596 | €10,242 | +€9,645 | +1,617% |
| Remuneration and social security | 454/9 | €14,625 | €6,655 | -€7,970 | -54.5% |
| Other amounts payable | 47/48 | €52,970 | €51,381 | -€1,589 | -3.0% |
| Remuneration, social security and pensions | 62 | €76,195 | €76,943 | +€747 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,225 | €36,361 | +€17,136 | +89.1% |
| Other operating charges | 640/8 | €2,604 | €3,128 | +€525 | +20.1% |
| Gross operating margin | 9900 | €150,037 | €170,465 | +€20,428 | +13.6% |
| Operating profit (loss) | 9901 | €52,013 | €54,033 | +€2,020 | +3.9% |
| Financial income | 75/76B | €367 | - | -€367 | |
| Recurring financial income | 75 | €367 | - | -€367 | |
| Financial charges | 65/66B | €3,833 | €3,386 | -€446 | -11.6% |
| Recurring financial charges | 65 | €3,833 | €3,386 | -€446 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €48,547 | €50,647 | +€2,099 | +4.3% |
| Income taxes | 67/77 | €14,334 | €16,055 | +€1,721 | +12.0% |
| Profit (loss) for the period | 9904 | €34,213 | €34,591 | +€378 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,213 | €34,591 | +€378 | +1.1% |
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 1 November 2026 via checked.be.