Tranchem: 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.
Tranchem
Largest movements
- Receivables within one year -€6,627
down €6,627 (-12.1%), from €54,696 to €48,069
of which Trade receivables: -€26,582
- Cash -€2,247
down €2,247 (-10.2%), from €21,989 to €19,742
mainly Trade debts (-€44,282) and Investment in fixed assets (net) (-€16,700)
- Tangible fixed assets -€1,703
down €1,703 (-4.4%), from €38,563 to €36,860
of which Furniture and vehicles: -€14,033
- Trade debts -€44,282
down €44,282 (-46.9%), from €94,369 to €50,087
- Reserves +€18,371
up €18,371 (+103%), from €17,848 to €36,219
- Current portion of long-term debt +€8,330
new in 2025: €8,330
- Tax, wage and social debts +€3,924
up €3,924 (+381%), from €1,031 to €4,954
- Debts after one year +€2,891
new in 2025: €2,891
- Gross operating margin +€48,823
up €48,823 (+184%), from €26,529 to €75,352
- Staff costs +€32,594
new in 2025: €32,594
- Depreciation +€14,866
up €14,866 (+420%), from €3,537 to €18,403
- Financial charges +€767
up €767 (+1,612%), from €48 to €814
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 | €115,248 | €104,671 | -€10,577 | -9.2% |
| Fixed assets | 21/28 | €38,563 | €36,860 | -€1,703 | -4.4% |
| Tangible fixed assets | 22/27 | €38,563 | €36,860 | -€1,703 | -4.4% |
| Plant, machinery and equipment | 23 | - | €12,331 | +€12,331 | |
| Furniture and vehicles | 24 | €38,563 | €24,530 | -€14,033 | -36.4% |
| Current assets | 29/58 | €76,685 | €67,811 | -€8,874 | -11.6% |
| Amounts receivable within one year | 40/41 | €54,696 | €48,069 | -€6,627 | -12.1% |
| Trade receivables | 40 | €54,228 | €27,646 | -€26,582 | -49.0% |
| Other amounts receivable | 41 | €468 | €20,423 | +€19,955 | +4,266% |
| Cash at bank and in hand | 54/58 | €21,989 | €19,742 | -€2,247 | -10.2% |
| Total equity and liabilities | 10/49 | €115,248 | €104,671 | -€10,577 | -9.2% |
| Equity | 10/15 | €19,848 | €38,219 | +€18,371 | +92.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €17,848 | €36,219 | +€18,371 | +103% |
| Distributable reserves | 133 | €17,848 | €36,219 | +€18,371 | +103% |
| Amounts payable | 17/49 | €95,400 | €66,452 | -€28,948 | -30.3% |
| Amounts payable after more than one year | 17 | - | €2,891 | +€2,891 | |
| Financial debts | 170/4 | - | €2,891 | +€2,891 | |
| Amounts payable within one year | 42/48 | €95,400 | €63,371 | -€32,029 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | - | €8,330 | +€8,330 | |
| Trade debts | 44 | €94,369 | €50,087 | -€44,282 | -46.9% |
| Suppliers | 440/4 | €94,369 | €50,087 | -€44,282 | -46.9% |
| Taxes, remuneration and social security | 45 | €1,031 | €4,954 | +€3,924 | +381% |
| Taxes | 450/3 | €1,031 | €4,954 | +€3,924 | +381% |
| Accrued charges and deferred income | 492/3 | - | €190 | +€190 | |
| Remuneration, social security and pensions | 62 | - | €32,594 | +€32,594 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,537 | €18,403 | +€14,866 | +420% |
| Other operating charges | 640/8 | €564 | €216 | -€348 | -61.7% |
| Gross operating margin | 9900 | €26,529 | €75,352 | +€48,823 | +184% |
| Operating profit (loss) | 9901 | €22,428 | €24,140 | +€1,712 | +7.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €48 | €814 | +€767 | +1,612% |
| Recurring financial charges | 65 | €48 | €814 | +€767 | +1,612% |
| Profit (loss) for the period before taxes | 9903 | €22,380 | €23,325 | +€945 | +4.2% |
| Income taxes | 67/77 | €4,532 | €4,954 | +€422 | +9.3% |
| Profit (loss) for the period | 9904 | €17,848 | €18,371 | +€523 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,848 | €18,371 | +€523 | +2.9% |
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 30 October 2026 via checked.be.