Trans 24: 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.
Trans 24
Largest movements
- Receivables within one year +€46,065
up €46,065 (+113%), from €40,935 to €87,000
of which Trade receivables: +€42,751
- Cash +€8,720
up €8,720 (+125%), from €6,996 to €15,716
mainly Trade debts (+€58,569) and Net result for the year (+€15,263)
- Tangible fixed assets +€7,407
up €7,407 (+33.7%), from €21,984 to €29,390
- Trade debts +€58,569
up €58,569 (+828%), from €7,072 to €65,640
- Profit (loss) carried forward +€15,263
up €15,263 (+37.3%), from €40,940 to €56,203
- Tax, wage and social debts -€6,961
down €6,961 (-56.1%), from €12,419 to €5,458
of which Taxes: -€5,610
- Other debts -€4,679
down €4,679 (-60.9%), from €7,684 to €3,005
- Gross operating margin +€65,728
up €65,728 (+210%), from €31,284 to €97,012
- Staff costs +€32,873
up €32,873 (+1,060%), from €3,100 to €35,974
- Other operating charges +€28,374
up €28,374 (+1,254%), from €2,262 to €30,636
- Depreciation +€1,933
up €1,933 (+22.3%), from €8,660 to €10,593
- Taxes -€1,514
down €1,514 (-26.0%), from €5,816 to €4,302
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.
Derived cash bridge
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 | €69,914 | €132,106 | +€62,192 | +89.0% |
| Fixed assets | 21/28 | €21,984 | €29,390 | +€7,407 | +33.7% |
| Tangible fixed assets | 22/27 | €21,984 | €29,390 | +€7,407 | +33.7% |
| Furniture and vehicles | 24 | €21,984 | €29,390 | +€7,407 | +33.7% |
| Current assets | 29/58 | €47,931 | €102,716 | +€54,785 | +114% |
| Amounts receivable within one year | 40/41 | €40,935 | €87,000 | +€46,065 | +113% |
| Trade receivables | 40 | €37,244 | €79,995 | +€42,751 | +115% |
| Other amounts receivable | 41 | €3,692 | €7,005 | +€3,313 | +89.8% |
| Cash at bank and in hand | 54/58 | €6,996 | €15,716 | +€8,720 | +125% |
| Total equity and liabilities | 10/49 | €69,914 | €132,106 | +€62,192 | +89.0% |
| Equity | 10/15 | €42,740 | €58,003 | +€15,263 | +35.7% |
| Contributions | 10/11 | €1,800 | €1,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,940 | €56,203 | +€15,263 | +37.3% |
| Amounts payable | 17/49 | €27,174 | €74,103 | +€46,929 | +173% |
| Amounts payable within one year | 42/48 | €27,174 | €74,103 | +€46,929 | +173% |
| Trade debts | 44 | €7,072 | €65,640 | +€58,569 | +828% |
| Suppliers | 440/4 | €7,072 | €65,640 | +€58,569 | +828% |
| Taxes, remuneration and social security | 45 | €12,419 | €5,458 | -€6,961 | -56.1% |
| Taxes | 450/3 | €9,912 | €4,302 | -€5,610 | -56.6% |
| Remuneration and social security | 454/9 | €2,507 | €1,156 | -€1,351 | -53.9% |
| Other amounts payable | 47/48 | €7,684 | €3,005 | -€4,679 | -60.9% |
| Remuneration, social security and pensions | 62 | €3,100 | €35,974 | +€32,873 | +1,060% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,660 | €10,593 | +€1,933 | +22.3% |
| Other operating charges | 640/8 | €2,262 | €30,636 | +€28,374 | +1,254% |
| Gross operating margin | 9900 | €31,284 | €97,012 | +€65,728 | +210% |
| Operating profit (loss) | 9901 | €17,261 | €19,809 | +€2,548 | +14.8% |
| Financial charges | 65/66B | €790 | €244 | -€545 | -69.1% |
| Recurring financial charges | 65 | €790 | €244 | -€545 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | €16,472 | €19,565 | +€3,093 | +18.8% |
| Income taxes | 67/77 | €5,816 | €4,302 | -€1,514 | -26.0% |
| Profit (loss) for the period | 9904 | €10,655 | €15,263 | +€4,608 | +43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,655 | €15,263 | +€4,608 | +43.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.