Trans-Form: 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-Form
Largest movements
- Receivables within one year +€30,649
up €30,649 (+135.9%), from €22,548 to €53,197
- Cash -€10,983
down €10,983 (-31.0%), from €35,420 to €24,438
mainly Receivables within one year (-€30,649) and Net result for the year (-€722)
- Intangible fixed assets -€9,281
down €9,281 (-92.4%), from €10,042 to €761
- Tangible fixed assets -€806
no longer reported in 2025 (was €806)
- Trade debts +€10,578
up €10,578 (+71.6%), from €14,769 to €25,346
- Gross operating margin -€3,837
down €3,837 (-27.0%), from €14,204 to €10,366
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 | €68,817 | €78,396 | +€9,579 | +13.9% |
| Fixed assets | 21/28 | €10,848 | €761 | -€10,087 | -93.0% |
| Intangible fixed assets | 21 | €10,042 | €761 | -€9,281 | -92.4% |
| Tangible fixed assets | 22/27 | €806 | - | -€806 | |
| Furniture and vehicles | 24 | €806 | - | -€806 | |
| Current assets | 29/58 | €57,969 | €77,635 | +€19,666 | +33.9% |
| Amounts receivable within one year | 40/41 | €22,548 | €53,197 | +€30,649 | +135.9% |
| Trade receivables | 40 | €22,548 | €53,197 | +€30,649 | +135.9% |
| Cash at bank and in hand | 54/58 | €35,420 | €24,438 | -€10,983 | -31.0% |
| Total equity and liabilities | 10/49 | €68,817 | €78,396 | +€9,579 | +13.9% |
| Equity | 10/15 | €52,619 | €51,897 | -€722 | -1.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,381 | -€23,103 | -€722 | -3.2% |
| Amounts payable | 17/49 | €16,198 | €26,499 | +€10,301 | +63.6% |
| Amounts payable within one year | 42/48 | €16,198 | €26,499 | +€10,301 | +63.6% |
| Trade debts | 44 | €14,769 | €25,346 | +€10,578 | +71.6% |
| Suppliers | 440/4 | €14,769 | €25,346 | +€10,578 | +71.6% |
| Taxes, remuneration and social security | 45 | €1,430 | €1,153 | -€277 | -19.4% |
| Taxes | 450/3 | €1,430 | €1,153 | -€277 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,112 | €10,087 | -€25 | -0.2% |
| Other operating charges | 640/8 | €910 | €807 | -€104 | -11.4% |
| Gross operating margin | 9900 | €14,204 | €10,366 | -€3,837 | -27.0% |
| Operating profit (loss) | 9901 | €3,181 | -€527 | -€3,709 | |
| Financial charges | 65/66B | €270 | €194 | -€75 | -27.9% |
| Recurring financial charges | 65 | €270 | €194 | -€75 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €2,912 | -€722 | -€3,633 | |
| Profit (loss) for the period | 9904 | €2,912 | -€722 | -€3,633 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,912 | -€722 | -€3,633 |
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 9 October 2026 via checked.be.