TRANGO: what changed
Two fiscal 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.
TRANGO
Largest movements
- Receivables after one year -€250,000
down €250,000 (-100.0%), from €250,000 to €0
- Current investments +€90,551
up €90,551 (+908.9%), from €9,963 to €100,514
- Receivables within one year -€80,875
down €80,875 (-33.3%), from €242,552 to €161,677
of which Trade receivables: -€56,140
- Cash +€80,450
up €80,450 (+43.0%), from €187,027 to €267,477
mainly Receivables after one year (+€250,000) and Net result for the year (+€149,163)
- Tangible fixed assets -€24,427
down €24,427 (-9.1%), from €267,257 to €242,830
of which Land and buildings: -€16,186
- Reserves -€193,053
down €193,053 (-22.2%), from €869,865 to €676,813
of which Distributable reserves: -€191,193
- Other debts +€23,213
new in 2024: €23,213
- Gross operating margin +€9,746
up €9,746 (+4.2%), from €233,346 to €243,092
From the 2023 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €957,733 | €783,474 | -€174,259 | -18.2% |
| Fixed assets | 21/28 | €267,288 | €252,824 | -€14,464 | -5.4% |
| Tangible fixed assets | 22/27 | €267,257 | €242,830 | -€24,427 | -9.1% |
| Land and buildings | 22 | €112,952 | €96,766 | -€16,186 | -14.3% |
| Furniture and vehicles | 24 | €6,239 | €6,069 | -€170 | -2.7% |
| Other tangible fixed assets | 26 | €148,066 | €139,994 | -€8,071 | -5.5% |
| Financial fixed assets | 28 | €31 | €9,994 | +€9,963 | +32138.7% |
| Current assets | 29/58 | €690,445 | €530,651 | -€159,795 | -23.1% |
| Amounts receivable after more than one year | 29 | €250,000 | €0 | -€250,000 | -100.0% |
| Other amounts receivable | 291 | €250,000 | €0 | -€250,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €242,552 | €161,677 | -€80,875 | -33.3% |
| Trade receivables | 40 | €217,800 | €161,660 | -€56,140 | -25.8% |
| Other amounts receivable | 41 | €24,752 | €17 | -€24,735 | -99.9% |
| Current investments | 50/53 | €9,963 | €100,514 | +€90,551 | +908.9% |
| Cash at bank and in hand | 54/58 | €187,027 | €267,477 | +€80,450 | +43.0% |
| Deferred charges and accrued income | 490/1 | €903 | €982 | +€79 | +8.7% |
| Total equity and liabilities | 10/49 | €957,733 | €783,474 | -€174,259 | -18.2% |
| Equity | 10/15 | €907,099 | €714,046 | -€193,053 | -21.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €869,865 | €676,813 | -€193,053 | -22.2% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €868,005 | €676,813 | -€191,193 | -22.0% |
| Profit (loss) carried forward | 14 | €18,633 | €18,633 | = | 0.0% |
| Amounts payable | 17/49 | €50,634 | €69,428 | +€18,794 | +37.1% |
| Amounts payable within one year | 42/48 | €50,634 | €69,428 | +€18,794 | +37.1% |
| Trade debts | 44 | €3,067 | €1,535 | -€1,532 | -50.0% |
| Suppliers | 440/4 | €3,067 | €1,535 | -€1,532 | -50.0% |
| Taxes, remuneration and social security | 45 | €47,568 | €44,681 | -€2,887 | -6.1% |
| Taxes | 450/3 | €47,568 | €44,681 | -€2,887 | -6.1% |
| Other amounts payable | 47/48 | - | €23,213 | +€23,213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,421 | €27,246 | +€825 | +3.1% |
| Other operating charges | 640/8 | €1,997 | €2,319 | +€322 | +16.1% |
| Non-recurring operating charges | 66A | €741 | €0 | -€741 | -100.0% |
| Gross operating margin | 9900 | €233,346 | €243,092 | +€9,746 | +4.2% |
| Operating profit (loss) | 9901 | €204,187 | €213,527 | +€9,340 | +4.6% |
| Financial income | 75/76B | €5,631 | €7,502 | +€1,871 | +33.2% |
| Recurring financial income | 75 | €5,631 | €7,502 | +€1,871 | +33.2% |
| Financial charges | 65/66B | €1,410 | €1,026 | -€385 | -27.3% |
| Recurring financial charges | 65 | €1,410 | €1,026 | -€385 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €208,407 | €220,004 | +€11,597 | +5.6% |
| Income taxes | 67/77 | €68,557 | €70,841 | +€2,284 | +3.3% |
| Profit (loss) for the period | 9904 | €139,850 | €149,163 | +€9,313 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €139,850 | €149,163 | +€9,313 | +6.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.