TRANS EXPRESS: 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 EXPRESS
Largest movements
- Tangible fixed assets +€66,039
up €66,039 (+401.2%), from €16,461 to €82,499
- Receivables within one year +€33,071
up €33,071 (+19.1%), from €172,758 to €205,829
of which Trade receivables: +€40,656
- Cash -€9,141
down €9,141 (-74.5%), from €12,271 to €3,130
mainly Investment in fixed assets (net) (-€81,777) and Receivables within one year (-€33,071)
- Trade debts +€46,311
up €46,311 (+89.3%), from €51,865 to €98,177
- Tax, wage and social debts +€22,635
up €22,635 (+16.9%), from €134,149 to €156,784
of which Remuneration and social security: +€22,980
- Profit (loss) carried forward +€20,993
up €20,993 (+93.3%), from €22,495 to €43,488
- Gross operating margin +€75,215
up €75,215 (+31.5%), from €239,073 to €314,287
- Staff costs +€56,006
up €56,006 (+26.6%), from €210,715 to €266,720
- Turnover +€45,154
up €45,154 (+7.0%), from €648,245 to €693,399
- Purchases and services -€30,735
down €30,735 (-7.5%), from €409,847 to €379,112
- Depreciation +€10,252
up €10,252 (+186.9%), from €5,487 to €15,738
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 | €230,590 | €320,559 | +€89,969 | +39.0% |
| Fixed assets | 21/28 | €45,561 | €111,599 | +€66,039 | +144.9% |
| Tangible fixed assets | 22/27 | €16,461 | €82,499 | +€66,039 | +401.2% |
| Furniture and vehicles | 24 | €16,461 | €82,499 | +€66,039 | +401.2% |
| Financial fixed assets | 28 | €29,100 | €29,100 | = | 0.0% |
| Current assets | 29/58 | €185,029 | €208,959 | +€23,930 | +12.9% |
| Amounts receivable within one year | 40/41 | €172,758 | €205,829 | +€33,071 | +19.1% |
| Trade receivables | 40 | €106,230 | €146,886 | +€40,656 | +38.3% |
| Other amounts receivable | 41 | €66,528 | €58,944 | -€7,585 | -11.4% |
| Cash at bank and in hand | 54/58 | €12,271 | €3,130 | -€9,141 | -74.5% |
| Total equity and liabilities | 10/49 | €230,590 | €320,559 | +€89,969 | +39.0% |
| Equity | 10/15 | €34,576 | €55,569 | +€20,993 | +60.7% |
| Contributions | 10/11 | €11,450 | €11,450 | = | 0.0% |
| Contributions outside capital | 11 | €11,450 | €11,450 | = | 0.0% |
| Share premium | 1100/10 | €11,450 | €11,450 | = | 0.0% |
| Reserves | 13 | €631 | €631 | = | 0.0% |
| Non-distributable reserves | 130/1 | €631 | €631 | = | 0.0% |
| Legal reserve | 130 | €631 | €631 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,495 | €43,488 | +€20,993 | +93.3% |
| Amounts payable | 17/49 | €196,014 | €264,989 | +€68,976 | +35.2% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €186,014 | €254,989 | +€68,976 | +37.1% |
| Financial debts | 43 | - | €29 | +€29 | |
| Credit institutions | 430/8 | - | €29 | +€29 | |
| Trade debts | 44 | €51,865 | €98,177 | +€46,311 | +89.3% |
| Suppliers | 440/4 | €51,865 | €98,177 | +€46,311 | +89.3% |
| Taxes, remuneration and social security | 45 | €134,149 | €156,784 | +€22,635 | +16.9% |
| Taxes | 450/3 | €80,533 | €80,189 | -€345 | -0.4% |
| Remuneration and social security | 454/9 | €53,615 | €76,595 | +€22,980 | +42.9% |
| Turnover | 70 | €648,245 | €693,399 | +€45,154 | +7.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €409,847 | €379,112 | -€30,735 | -7.5% |
| Remuneration, social security and pensions | 62 | €210,715 | €266,720 | +€56,006 | +26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,487 | €15,738 | +€10,252 | +186.9% |
| Other operating charges | 640/8 | €1,562 | €9,173 | +€7,611 | +487.1% |
| Non-recurring operating charges | 66A | €2,092 | €689 | -€1,403 | -67.1% |
| Gross operating margin | 9900 | €239,073 | €314,287 | +€75,215 | +31.5% |
| Operating profit (loss) | 9901 | €19,217 | €21,966 | +€2,749 | +14.3% |
| Financial income | 75/76B | - | €813 | +€813 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €813 | +€813 | |
| Financial charges | 65/66B | €1,791 | €1,786 | -€4 | -0.2% |
| Recurring financial charges | 65 | €1,557 | €1,779 | +€222 | +14.3% |
| Non-recurring financial charges | 66B | €234 | €8 | -€226 | -96.8% |
| Profit (loss) for the period before taxes | 9903 | €17,427 | €20,993 | +€3,567 | +20.5% |
| Profit (loss) for the period | 9904 | €17,427 | €20,993 | +€3,567 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,427 | €20,993 | +€3,567 | +20.5% |
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 11 October 2026 via checked.be.