TRANS C.F.: 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 C.F.
Largest movements
- Tangible fixed assets -€50,474
down €50,474 (-19.6%), from €258,044 to €207,570
of which Furniture and vehicles: -€251,719
- Cash -€34,625
down €34,625 (-14.2%), from €243,208 to €208,583
mainly Debts after one year (-€42,710) and Net result for the year (-€31,725)
- Receivables within one year -€18,870
down €18,870 (-13.5%), from €139,487 to €120,617
of which Other amounts receivable: -€30,594
- Deferred charges and accrued income -€13,219
down €13,219 (-56.6%), from €23,354 to €10,135
- Debts after one year -€42,710
down €42,710 (-38.5%), from €111,002 to €68,292
- Profit (loss) carried forward -€31,725
down €31,725 (-8.7%), from €364,792 to €333,067
- Current portion of long-term debt -€22,399
down €22,399 (-34.4%), from €65,109 to €42,710
- Trade debts -€14,154
down €14,154 (-35.9%), from €39,476 to €25,322
- Other debts -€11,719
no longer reported in 2024 (was €11,719)
- Turnover -€178,483
down €178,483 (-20.8%), from €858,322 to €679,838
- Gross operating margin -€159,835
down €159,835 (-36.9%), from €432,641 to €272,806
- Purchases and services -€69,037
down €69,037 (-13.2%), from €522,181 to €453,144
- Taxes -€24,089
down €24,089 (-87.4%), from €27,572 to €3,483
- Depreciation +€9,866
up €9,866 (+14.8%), from €66,683 to €76,549
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 | €667,327 | €550,139 | -€117,188 | -17.6% |
| Fixed assets | 21/28 | €261,277 | €210,803 | -€50,474 | -19.3% |
| Tangible fixed assets | 22/27 | €258,044 | €207,570 | -€50,474 | -19.6% |
| Land and buildings | 22 | €6,325 | €5,231 | -€1,094 | -17.3% |
| Plant, machinery and equipment | 23 | - | €202,339 | +€202,339 | |
| Furniture and vehicles | 24 | €251,719 | - | -€251,719 | |
| Financial fixed assets | 28 | €3,233 | €3,233 | = | 0.0% |
| Current assets | 29/58 | €406,050 | €339,335 | -€66,715 | -16.4% |
| Amounts receivable within one year | 40/41 | €139,487 | €120,617 | -€18,870 | -13.5% |
| Trade receivables | 40 | €72,085 | €83,809 | +€11,724 | +16.3% |
| Other amounts receivable | 41 | €67,402 | €36,807 | -€30,594 | -45.4% |
| Cash at bank and in hand | 54/58 | €243,208 | €208,583 | -€34,625 | -14.2% |
| Deferred charges and accrued income | 490/1 | €23,354 | €10,135 | -€13,219 | -56.6% |
| Total equity and liabilities | 10/49 | €667,327 | €550,139 | -€117,188 | -17.6% |
| Equity | 10/15 | €402,564 | €370,839 | -€31,725 | -7.9% |
| Contributions | 10/11 | €20,451 | €18,592 | -€1,859 | -9.1% |
| Reserves | 13 | €17,321 | €19,180 | +€1,859 | +10.7% |
| Tax-exempt reserves | 132 | €17,321 | €17,321 | = | 0.0% |
| Distributable reserves | 133 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €364,792 | €333,067 | -€31,725 | -8.7% |
| Amounts payable | 17/49 | €264,762 | €179,300 | -€85,463 | -32.3% |
| Amounts payable after more than one year | 17 | €111,002 | €68,292 | -€42,710 | -38.5% |
| Financial debts | 170/4 | €111,002 | €68,292 | -€42,710 | -38.5% |
| Amounts payable within one year | 42/48 | €153,761 | €111,007 | -€42,753 | -27.8% |
| Current portion of amounts payable after more than one year | 42 | €65,109 | €42,710 | -€22,399 | -34.4% |
| Trade debts | 44 | €39,476 | €25,322 | -€14,154 | -35.9% |
| Suppliers | 440/4 | €39,476 | €25,322 | -€14,154 | -35.9% |
| Taxes, remuneration and social security | 45 | €37,456 | €42,976 | +€5,520 | +14.7% |
| Taxes | 450/3 | €16,685 | €20,373 | +€3,688 | +22.1% |
| Remuneration and social security | 454/9 | €20,770 | €22,602 | +€1,832 | +8.8% |
| Other amounts payable | 47/48 | €11,719 | - | -€11,719 | |
| Turnover | 70 | €858,322 | €679,838 | -€178,483 | -20.8% |
| Non-recurring operating income | 76A | €96,500 | €46,111 | -€50,389 | -52.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €522,181 | €453,144 | -€69,037 | -13.2% |
| Remuneration, social security and pensions | 62 | €206,293 | €197,518 | -€8,774 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,683 | €76,549 | +€9,866 | +14.8% |
| Other operating charges | 640/8 | €24,037 | €25,042 | +€1,005 | +4.2% |
| Gross operating margin | 9900 | €432,641 | €272,806 | -€159,835 | -36.9% |
| Operating profit (loss) | 9901 | €135,629 | -€26,303 | -€161,932 | |
| Financial income | 75/76B | €935 | €4,477 | +€3,542 | +379% |
| Recurring financial income | 75 | €935 | €4,477 | +€3,542 | +379% |
| Non-recurring financial income | 76B | €935 | €4,477 | +€3,542 | +379% |
| Financial charges | 65/66B | €4,441 | €6,416 | +€1,975 | +44.5% |
| Recurring financial charges | 65 | €4,441 | €6,416 | +€1,975 | +44.5% |
| Non-recurring financial charges | 66B | €4,441 | €6,416 | +€1,975 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | €132,122 | -€28,242 | -€160,365 | |
| Income taxes | 67/77 | €27,572 | €3,483 | -€24,089 | -87.4% |
| Profit (loss) for the period | 9904 | €104,550 | -€31,725 | -€136,276 | |
| Profit (loss) for the period to be appropriated | 9905 | €104,550 | -€31,725 | -€136,276 |
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 25 October 2026 via checked.be.