TRANS ANVERS: 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 ANVERS
Largest movements
- Cash +€331,348
up €331,348 (+394%), from €84,078 to €415,426
mainly Net result for the year (+€534,146) and Other debts (+€447,701)
- Tangible fixed assets +€196,733
up €196,733 (+175%), from €112,267 to €309,000
of which Furniture and vehicles: +€197,954
- Receivables within one year +€161,671
up €161,671 (+28.5%), from €567,490 to €729,161
of which Trade receivables: +€96,120
- Other debts +€447,701
up €447,701 (+7,080%), from €6,323 to €454,024
- Tax, wage and social debts +€284,864
up €284,864 (+193%), from €147,701 to €432,565
of which Taxes: +€264,922
- Trade debts -€37,447
down €37,447 (-10.0%), from €374,126 to €336,679
- Gross operating margin +€794,471
up €794,471 (+144%), from €552,848 to €1.3m
- Staff costs +€194,468
up €194,468 (+96.4%), from €201,738 to €396,206
- Taxes +€142,446
up €142,446 (+235%), from €60,514 to €202,960
- Other operating charges +€34,093
up €34,093 (+44.3%), from €76,949 to €111,042
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 | €787,979 | €1,483,067 | +€695,088 | +88.2% |
| Fixed assets | 21/28 | €130,617 | €327,890 | +€197,273 | +151% |
| Tangible fixed assets | 22/27 | €112,267 | €309,000 | +€196,733 | +175% |
| Plant, machinery and equipment | 23 | €2,533 | €1,311 | -€1,221 | -48.2% |
| Furniture and vehicles | 24 | €109,734 | €307,688 | +€197,954 | +180% |
| Financial fixed assets | 28 | €18,350 | €18,890 | +€540 | +2.9% |
| Current assets | 29/58 | €657,362 | €1,155,177 | +€497,815 | +75.7% |
| Amounts receivable within one year | 40/41 | €567,490 | €729,161 | +€161,671 | +28.5% |
| Trade receivables | 40 | €560,696 | €656,816 | +€96,120 | +17.1% |
| Other amounts receivable | 41 | €6,794 | €72,345 | +€65,551 | +965% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €84,078 | €415,426 | +€331,348 | +394% |
| Deferred charges and accrued income | 490/1 | €5,794 | €10,590 | +€4,796 | +82.8% |
| Total equity and liabilities | 10/49 | €787,979 | €1,483,067 | +€695,088 | +88.2% |
| Equity | 10/15 | €259,798 | €259,798 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €241,198 | €241,198 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €239,338 | €241,198 | +€1,860 | +0.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €528,180 | €1,223,268 | +€695,088 | +132% |
| Amounts payable within one year | 42/48 | €528,180 | €1,223,268 | +€695,088 | +132% |
| Financial debts | 43 | €30 | €0 | -€30 | -100% |
| Credit institutions | 430/8 | €30 | €0 | -€30 | -100% |
| Trade debts | 44 | €374,126 | €336,679 | -€37,447 | -10.0% |
| Suppliers | 440/4 | €374,126 | €336,679 | -€37,447 | -10.0% |
| Taxes, remuneration and social security | 45 | €147,701 | €432,565 | +€284,864 | +193% |
| Taxes | 450/3 | €118,878 | €383,800 | +€264,922 | +223% |
| Remuneration and social security | 454/9 | €28,823 | €48,765 | +€19,942 | +69.2% |
| Other amounts payable | 47/48 | €6,323 | €454,024 | +€447,701 | +7,080% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €201,738 | €396,206 | +€194,468 | +96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,015 | €72,265 | +€1,250 | +1.8% |
| Other operating charges | 640/8 | €76,949 | €111,042 | +€34,093 | +44.3% |
| Non-recurring operating charges | 66A | - | €31,621 | +€31,621 | |
| Gross operating margin | 9900 | €552,848 | €1,347,319 | +€794,471 | +144% |
| Operating profit (loss) | 9901 | €203,147 | €736,186 | +€533,039 | +262% |
| Financial income | 75/76B | €42 | €1,960 | +€1,919 | +4,603% |
| Recurring financial income | 75 | €42 | €1,960 | +€1,919 | +4,603% |
| Financial charges | 65/66B | €516 | €1,040 | +€524 | +102% |
| Recurring financial charges | 65 | €516 | €1,040 | +€524 | +102% |
| Profit (loss) for the period before taxes | 9903 | €202,673 | €737,107 | +€534,434 | +264% |
| Income taxes | 67/77 | €60,514 | €202,960 | +€142,446 | +235% |
| Profit (loss) for the period | 9904 | €142,159 | €534,146 | +€391,988 | +276% |
| Profit (loss) for the period to be appropriated | 9905 | €142,159 | €534,146 | +€391,988 | +276% |
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 16 October 2026 via checked.be.