TRANE FINANCE: 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.
TRANE FINANCE
Largest movements
- Receivables within one year -€24.7m
down €24.7m (-55.9%), from €44.2m to €19.5m
- Other debts -€26.1m
down €26.1m (-89.1%), from €29.3m to €3.2m
- Profit (loss) carried forward +€1.3m
up €1.3m (+3.8%), from -€35.2m to -€33.9m
No income-statement line moved by more than 1% of the activity.
From the 2021 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,233,031 | €19,512,410 | -€24.7m | -55.9% |
| Current assets | 29/58 | €44,233,031 | €19,512,410 | -€24.7m | -55.9% |
| Amounts receivable within one year | 40/41 | €44,232,351 | €19,507,672 | -€24.7m | -55.9% |
| Other amounts receivable | 41 | €44,232,351 | €19,507,672 | -€24.7m | -55.9% |
| Cash at bank and in hand | 54/58 | €680 | €4,738 | +€4,058 | +597% |
| Total equity and liabilities | 10/49 | €44,233,031 | €19,512,410 | -€24.7m | -55.9% |
| Equity | 10/15 | €14,962,301 | €16,304,927 | +€1.3m | +9.0% |
| Contributions | 10/11 | €50,018,600 | €50,018,600 | = | 0.0% |
| Capital | 10 | €50,018,600 | - | -€50.0m | |
| Issued capital | 100 | €50,018,600 | - | -€50.0m | |
| Reserves | 13 | €142,410 | €142,410 | = | 0.0% |
| Non-distributable reserves | 130/1 | €142,410 | €142,410 | = | 0.0% |
| Legal reserve | 130 | €142,410 | - | -€142,410 | |
| Reserves not available under the articles | 1311 | - | €142,410 | +€142,410 | |
| Profit (loss) carried forward | 14 | -€35,198,709 | -€33,856,083 | +€1.3m | +3.8% |
| Amounts payable | 17/49 | €29,270,730 | €3,207,483 | -€26.1m | -89.0% |
| Amounts payable within one year | 42/48 | €29,263,078 | €3,189,569 | -€26.1m | -89.1% |
| Other amounts payable | 47/48 | €29,263,078 | €3,189,569 | -€26.1m | -89.1% |
| Accrued charges and deferred income | 492/3 | €7,652 | €17,914 | +€10,262 | +134% |
| Operating charges | 60/66A | €26,641 | €28,313 | +€1,672 | +6.3% |
| Other operating charges | 640/8 | €26,641 | €28,313 | +€1,672 | +6.3% |
| Operating profit (loss) | 9901 | -€26,641 | -€28,313 | -€1,672 | -6.3% |
| Recurring financial income | 75 | €90,051 | €751,566 | +€661,515 | +735% |
| Income from current assets | 751 | €90,051 | €751,566 | +€661,515 | +735% |
| Financial charges | 65/66B | €151,777 | €124,241 | -€27,536 | -18.1% |
| Recurring financial charges | 65 | €151,777 | €124,241 | -€27,536 | -18.1% |
| Debt charges | 650 | €151,777 | €124,241 | -€27,536 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | -€88,367 | €599,012 | +€687,379 | |
| Profit (loss) for the period | 9904 | -€88,367 | €599,012 | +€687,379 | |
| Profit (loss) for the period to be appropriated | 9905 | -€88,367 | €599,012 | +€687,379 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.