TRANS - DEVO: 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.
TRANS - DEVO
Largest movements
- Cash +€97,670
up €97,670 (+10394.5%), from €940 to €98,610
mainly Other debts (+€155,896) and Depreciation (+€3,764)
- Receivables within one year +€4,310
up €4,310 (+123.7%), from €3,484 to €7,794
of which Other amounts receivable: +€3,053
- Tangible fixed assets -€3,764
down €3,764 (-16.9%), from €22,220 to €18,456
of which Plant, machinery and equipment: -€2,724
- Other debts +€155,896
up €155,896 (+1079.8%), from €14,437 to €170,333
- Profit (loss) carried forward -€58,852
down €58,852 (-62.9%), from -€93,531 to -€152,384
- Trade debts +€3,216
up €3,216 (+36.1%), from €8,899 to €12,115
- Reserves -€2,238
down €2,238 (-21.1%), from €10,594 to €8,356
of which Distributable reserves: -€2,238
- Gross operating margin -€38,319
down €38,319, from €30,168 to -€8,152
- Other operating charges +€26,944
up €26,944 (+189.2%), from €14,238 to €41,182
- Financial charges +€3,603
up €3,603 (+86.2%), from €4,180 to €7,783
- Depreciation +€398
up €398 (+11.8%), from €3,366 to €3,764
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.
Cash bridge derived
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 | €28,167 | €126,562 | +€98,394 | +349.3% |
| Fixed assets | 21/28 | €22,452 | €18,688 | -€3,764 | -16.8% |
| Tangible fixed assets | 22/27 | €22,220 | €18,456 | -€3,764 | -16.9% |
| Plant, machinery and equipment | 23 | €17,662 | €14,938 | -€2,724 | -15.4% |
| Furniture and vehicles | 24 | €4,558 | €3,518 | -€1,040 | -22.8% |
| Financial fixed assets | 28 | €232 | €232 | = | 0.0% |
| Current assets | 29/58 | €5,715 | €107,873 | +€102,158 | +1787.5% |
| Amounts receivable within one year | 40/41 | €3,484 | €7,794 | +€4,310 | +123.7% |
| Trade receivables | 40 | €3,330 | €4,587 | +€1,257 | +37.8% |
| Other amounts receivable | 41 | €154 | €3,208 | +€3,053 | +1979.9% |
| Cash at bank and in hand | 54/58 | €940 | €98,610 | +€97,670 | +10394.5% |
| Deferred charges and accrued income | 490/1 | €1,292 | €1,469 | +€177 | +13.7% |
| Total equity and liabilities | 10/49 | €28,167 | €126,562 | +€98,394 | +349.3% |
| Equity | 10/15 | -€20,937 | -€82,028 | -€61,091 | -291.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €10,594 | €8,356 | -€2,238 | -21.1% |
| Non-distributable reserves | 130/1 | €2,620 | €2,620 | = | 0.0% |
| Legal reserve | 130 | €2,620 | €2,620 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,736 | €5,736 | = | 0.0% |
| Distributable reserves | 133 | €2,238 | €0 | -€2,238 | -100.0% |
| Profit (loss) carried forward | 14 | -€93,531 | -€152,384 | -€58,852 | -62.9% |
| Amounts payable | 17/49 | €49,105 | €208,590 | +€159,485 | +324.8% |
| Amounts payable within one year | 42/48 | €49,105 | €208,590 | +€159,485 | +324.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €8,899 | €12,115 | +€3,216 | +36.1% |
| Suppliers | 440/4 | €8,899 | €12,115 | +€3,216 | +36.1% |
| Taxes, remuneration and social security | 45 | €768 | €1,142 | +€373 | +48.6% |
| Taxes | 450/3 | €768 | €1,142 | +€373 | +48.6% |
| Other amounts payable | 47/48 | €14,437 | €170,333 | +€155,896 | +1079.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,366 | €3,764 | +€398 | +11.8% |
| Other operating charges | 640/8 | €14,238 | €41,182 | +€26,944 | +189.2% |
| Gross operating margin | 9900 | €30,168 | -€8,152 | -€38,319 | |
| Operating profit (loss) | 9901 | €12,564 | -€53,097 | -€65,661 | |
| Financial charges | 65/66B | €4,180 | €7,783 | +€3,603 | +86.2% |
| Recurring financial charges | 65 | €4,180 | €7,783 | +€3,603 | +86.2% |
| Profit (loss) for the period before taxes | 9903 | €8,383 | -€60,881 | -€69,264 | |
| Income taxes | 67/77 | €203 | €210 | +€7 | +3.4% |
| Profit (loss) for the period | 9904 | €8,180 | -€61,091 | -€69,271 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,180 | -€61,091 | -€69,271 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.