TRANS FP: what changed
TRANS FP
Largest movements
- Deferred charges and accrued income +€40,622
up €40,622 (+3,483%), from €1,166 to €41,788
- Receivables within one year -€21,847
down €21,847 (-86.3%), from €25,303 to €3,456
of which Trade receivables: -€23,755
- Cash +€3,922
up €3,922 (+13.4%), from €29,327 to €33,249
mainly Net result for the year (+€22,507) and Receivables within one year (+€21,847)
- Tangible fixed assets -€1,079
down €1,079 (-51.2%), from €2,107 to €1,028
of which Plant, machinery and equipment: -€1,568
- Profit (loss) carried forward +€22,507
up €22,507 (+682%), from €3,302 to €25,809
- Other debts -€11,449
no longer reported in 2025 (was €11,449)
- Advances received +€5,783
new in 2025: €5,783
- Tax, wage and social debts +€5,751
up €5,751 (+367%), from €1,568 to €7,318
- Trade debts -€975
down €975 (-8.1%), from €11,991 to €11,016
- Depreciation -€12,739
down €12,739 (-87.1%), from €14,623 to €1,884
- Gross operating margin -€7,215
down €7,215 (-14.9%), from €48,480 to €41,265
- Taxes +€4,024
up €4,024 (+245%), from €1,646 to €5,670
- Other operating charges +€2,830
up €2,830 (+36.1%), from €7,835 to €10,664
- Financial charges -€1,238
down €1,238 (-63.4%), from €1,955 to €716
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,508 | €81,126 | +€21,618 | +36.3% |
| Fixed assets | 21/28 | €3,712 | €2,633 | -€1,079 | -29.1% |
| Tangible fixed assets | 22/27 | €2,107 | €1,028 | -€1,079 | -51.2% |
| Plant, machinery and equipment | 23 | €1,614 | €45 | -€1,568 | -97.2% |
| Furniture and vehicles | 24 | €493 | €983 | +€490 | +99.4% |
| Financial fixed assets | 28 | €1,605 | €1,605 | = | 0.0% |
| Current assets | 29/58 | €55,796 | €78,493 | +€22,697 | +40.7% |
| Amounts receivable within one year | 40/41 | €25,303 | €3,456 | -€21,847 | -86.3% |
| Trade receivables | 40 | €23,755 | - | -€23,755 | |
| Other amounts receivable | 41 | €1,549 | €3,456 | +€1,907 | +123% |
| Cash at bank and in hand | 54/58 | €29,327 | €33,249 | +€3,922 | +13.4% |
| Deferred charges and accrued income | 490/1 | €1,166 | €41,788 | +€40,622 | +3,483% |
| Total equity and liabilities | 10/49 | €59,508 | €81,126 | +€21,618 | +36.3% |
| Equity | 10/15 | €32,358 | €54,865 | +€22,507 | +69.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €22,859 | €22,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,302 | €25,809 | +€22,507 | +682% |
| Amounts payable | 17/49 | €27,150 | €26,261 | -€889 | -3.3% |
| Amounts payable within one year | 42/48 | €27,150 | €26,261 | -€889 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €2,142 | €2,143 | +€1 | 0.0% |
| Trade debts | 44 | €11,991 | €11,016 | -€975 | -8.1% |
| Suppliers | 440/4 | €11,991 | €11,016 | -€975 | -8.1% |
| Advances received on contracts in progress | 46 | - | €5,783 | +€5,783 | |
| Taxes, remuneration and social security | 45 | €1,568 | €7,318 | +€5,751 | +367% |
| Taxes | 450/3 | €1,568 | €7,318 | +€5,751 | +367% |
| Other amounts payable | 47/48 | €11,449 | - | -€11,449 | |
| Non-recurring operating income | 76A | - | €37,000 | +€37,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,623 | €1,884 | -€12,739 | -87.1% |
| Other operating charges | 640/8 | €7,835 | €10,664 | +€2,830 | +36.1% |
| Gross operating margin | 9900 | €48,480 | €41,265 | -€7,215 | -14.9% |
| Operating profit (loss) | 9901 | €26,022 | €28,717 | +€2,695 | +10.4% |
| Financial income | 75/76B | €67 | €176 | +€110 | +164% |
| Recurring financial income | 75 | €67 | €176 | +€110 | +164% |
| Financial charges | 65/66B | €1,955 | €716 | -€1,238 | -63.4% |
| Recurring financial charges | 65 | €1,955 | €716 | -€1,238 | -63.4% |
| Profit (loss) for the period before taxes | 9903 | €24,134 | €28,177 | +€4,043 | +16.8% |
| Income taxes | 67/77 | €1,646 | €5,670 | +€4,024 | +245% |
| Profit (loss) for the period | 9904 | €22,488 | €22,507 | +€19 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,488 | €22,507 | +€19 | +0.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.