TRANS M&O: 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 M&O
Largest movements
- Tangible fixed assets -€5,663
no longer reported in 2025 (was €5,663)
- Cash +€4,501
up €4,501 (+29.5%), from €15,268 to €19,770
mainly Depreciation (+€5,663) and Trade debts (+€2,613)
- Receivables within one year -€1,765
down €1,765 (-59.2%), from €2,979 to €1,214
of which Other amounts receivable: -€1,675
- Profit (loss) carried forward -€7,013
down €7,013 (-71.7%), from €9,787 to €2,774
- Trade debts +€2,613
up €2,613 (+2,442%), from €107 to €2,720
- Other debts +€1,475
up €1,475 (+36.7%), from €4,015 to €5,490
- Gross operating margin -€7,856
down €7,856 (-72.7%), from €10,811 to €2,955
- Other operating charges +€2,273
up €2,273 (+182%), from €1,245 to €3,518
- Depreciation -€1,348
down €1,348 (-19.2%), from €7,011 to €5,663
- Taxes -€957
down €957 (-52.9%), from €1,809 to €851
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.
Derived cash bridge
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 | €23,910 | €20,983 | -€2,926 | -12.2% |
| Fixed assets | 21/28 | €5,663 | - | -€5,663 | |
| Tangible fixed assets | 22/27 | €5,663 | - | -€5,663 | |
| Furniture and vehicles | 24 | €5,663 | - | -€5,663 | |
| Current assets | 29/58 | €18,247 | €20,983 | +€2,736 | +15.0% |
| Amounts receivable within one year | 40/41 | €2,979 | €1,214 | -€1,765 | -59.2% |
| Trade receivables | 40 | €960 | €870 | -€90 | -9.3% |
| Other amounts receivable | 41 | €2,019 | €344 | -€1,675 | -83.0% |
| Cash at bank and in hand | 54/58 | €15,268 | €19,770 | +€4,501 | +29.5% |
| Total equity and liabilities | 10/49 | €23,910 | €20,983 | -€2,926 | -12.2% |
| Equity | 10/15 | €19,787 | €12,774 | -€7,013 | -35.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,787 | €2,774 | -€7,013 | -71.7% |
| Amounts payable | 17/49 | €4,122 | €8,209 | +€4,087 | +99.2% |
| Amounts payable within one year | 42/48 | €4,122 | €8,209 | +€4,087 | +99.2% |
| Trade debts | 44 | €107 | €2,720 | +€2,613 | +2,442% |
| Suppliers | 440/4 | €107 | €2,720 | +€2,613 | +2,442% |
| Other amounts payable | 47/48 | €4,015 | €5,490 | +€1,475 | +36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,011 | €5,663 | -€1,348 | -19.2% |
| Other operating charges | 640/8 | €1,245 | €3,518 | +€2,273 | +182% |
| Gross operating margin | 9900 | €10,811 | €2,955 | -€7,856 | -72.7% |
| Operating profit (loss) | 9901 | €2,554 | -€6,226 | -€8,781 | |
| Financial income | 75/76B | €15 | €103 | +€88 | +602% |
| Recurring financial income | 75 | €15 | €103 | +€88 | +602% |
| Financial charges | 65/66B | €16 | €38 | +€22 | +140% |
| Recurring financial charges | 65 | €16 | €38 | +€22 | +140% |
| Profit (loss) for the period before taxes | 9903 | €2,553 | -€6,162 | -€8,715 | |
| Income taxes | 67/77 | €1,809 | €851 | -€957 | -52.9% |
| Profit (loss) for the period | 9904 | €744 | -€7,013 | -€7,758 | |
| Profit (loss) for the period to be appropriated | 9905 | €744 | -€7,013 | -€7,758 |
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 23 October 2026 via checked.be.