TRANS ARGONNE.BE: 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 ARGONNE.BE
Largest movements
- Receivables within one year -€50,574
down €50,574 (-88.2%), from €57,364 to €6,790
of which Other amounts receivable: -€48,040
- Cash -€3,796
down €3,796 (-20.5%), from €18,480 to €14,685
mainly Net result for the year (-€53,907) and Current portion of long-term debt (-€2,764)
- Tangible fixed assets -€3,471
down €3,471 (-100%), from €3,471 to €0
- Profit (loss) carried forward -€53,907
down €53,907, from €44,722 to -€9,184
- Current portion of long-term debt -€2,764
down €2,764 (-23.5%), from €11,764 to €9,000
- Trade debts -€1,780
down €1,780 (-49.4%), from €3,602 to €1,823
- Gross operating margin -€15,642
down €15,642, from €11,674 to -€3,969
- Financial income +€2,790
up €2,790, from €0 to €2,790
- Depreciation -€2,667
down €2,667 (-100%), from €2,667 to €0
- Taxes -€1,747
down €1,747 (-100%), from €1,747 to €0
- Other operating charges -€571
down €571 (-84.5%), from €676 to €105
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 | €80,897 | €22,740 | -€58,158 | -71.9% |
| Fixed assets | 21/28 | €4,736 | €1,265 | -€3,471 | -73.3% |
| Tangible fixed assets | 22/27 | €3,471 | €0 | -€3,471 | -100% |
| Furniture and vehicles | 24 | €3,471 | €0 | -€3,471 | -100% |
| Financial fixed assets | 28 | €1,265 | €1,265 | = | 0.0% |
| Current assets | 29/58 | €76,162 | €21,475 | -€54,687 | -71.8% |
| Amounts receivable within one year | 40/41 | €57,364 | €6,790 | -€50,574 | -88.2% |
| Trade receivables | 40 | €6,072 | €3,538 | -€2,534 | -41.7% |
| Other amounts receivable | 41 | €51,292 | €3,253 | -€48,040 | -93.7% |
| Cash at bank and in hand | 54/58 | €18,480 | €14,685 | -€3,796 | -20.5% |
| Deferred charges and accrued income | 490/1 | €318 | €0 | -€318 | -100% |
| Total equity and liabilities | 10/49 | €80,897 | €22,740 | -€58,158 | -71.9% |
| Equity | 10/15 | €65,292 | €11,386 | -€53,907 | -82.6% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | €1,870 | €1,870 | = | 0.0% |
| Distributable reserves | 133 | €1,870 | €1,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,722 | -€9,184 | -€53,907 | |
| Amounts payable | 17/49 | €15,605 | €11,354 | -€4,251 | -27.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €15,605 | €11,200 | -€4,405 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €11,764 | €9,000 | -€2,764 | -23.5% |
| Trade debts | 44 | €3,602 | €1,823 | -€1,780 | -49.4% |
| Suppliers | 440/4 | €3,602 | €1,823 | -€1,780 | -49.4% |
| Taxes, remuneration and social security | 45 | €238 | €377 | +€139 | +58.2% |
| Taxes | 450/3 | €238 | €377 | +€139 | +58.2% |
| Accrued charges and deferred income | 492/3 | €0 | €154 | +€154 | |
| Non-recurring operating income | 76A | - | €1,750 | +€1,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,667 | €0 | -€2,667 | -100% |
| Other operating charges | 640/8 | €676 | €105 | -€571 | -84.5% |
| Non-recurring operating charges | 66A | - | €51,614 | +€51,614 | |
| Gross operating margin | 9900 | €11,674 | -€3,969 | -€15,642 | |
| Operating profit (loss) | 9901 | €8,331 | -€55,688 | -€64,019 | |
| Financial income | 75/76B | €0 | €2,790 | +€2,790 | |
| Recurring financial income | 75 | €0 | €2,790 | +€2,790 | |
| Financial charges | 65/66B | €1,341 | €1,009 | -€332 | -24.8% |
| Recurring financial charges | 65 | €1,341 | €1,009 | -€332 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €6,990 | -€53,907 | -€60,897 | |
| Income taxes | 67/77 | €1,747 | €0 | -€1,747 | -100% |
| Profit (loss) for the period | 9904 | €5,242 | -€53,907 | -€59,149 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,242 | -€53,907 | -€59,149 |
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 28 October 2026 via checked.be.