TRANS NR1: 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 NR1
Largest movements
- Receivables within one year -€239,253
down €239,253 (-52.5%), from €456,100 to €216,847
of which Trade receivables: -€213,987
- Tangible fixed assets +€33,432
up €33,432 (+35.6%), from €93,935 to €127,368
of which Leasing and similar rights: +€50,200
- Advances received -€230,430
down €230,430 (-71.9%), from €320,517 to €90,087
- Current portion of long-term debt +€31,006
up €31,006 (+54.6%), from €56,808 to €87,814
- Profit (loss) carried forward +€27,051
up €27,051 (+32.8%), from -€82,463 to -€55,412
- Debts after one year -€26,324
down €26,324 (-38.2%), from €68,921 to €42,597
- Trade debts -€15,946
down €15,946 (-30.2%), from €52,836 to €36,890
- Gross operating margin +€195,868
up €195,868 (+62.5%), from €313,185 to €509,053
- Staff costs +€52,270
up €52,270 (+19.5%), from €267,727 to €319,997
- Other operating charges +€43,320
up €43,320 (+75.5%), from €57,345 to €100,665
- Depreciation +€13,301
up €13,301 (+41.2%), from €32,267 to €45,568
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €550,456 | €344,635 | -€205,821 | -37.4% |
| Fixed assets | 21/28 | €94,355 | €127,788 | +€33,432 | +35.4% |
| Tangible fixed assets | 22/27 | €93,935 | €127,368 | +€33,432 | +35.6% |
| Furniture and vehicles | 24 | €49,344 | €32,576 | -€16,768 | -34.0% |
| Leasing and similar rights | 25 | €44,592 | €94,792 | +€50,200 | +112.6% |
| Financial fixed assets | 28 | €420 | €420 | = | 0.0% |
| Current assets | 29/58 | €456,100 | €216,847 | -€239,253 | -52.5% |
| Amounts receivable within one year | 40/41 | €456,100 | €216,847 | -€239,253 | -52.5% |
| Trade receivables | 40 | €362,500 | €148,513 | -€213,987 | -59.0% |
| Other amounts receivable | 41 | €93,600 | €68,334 | -€25,266 | -27.0% |
| Total equity and liabilities | 10/49 | €550,456 | €344,635 | -€205,821 | -37.4% |
| Equity | 10/15 | -€63,863 | -€36,812 | +€27,051 | +42.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,463 | -€55,412 | +€27,051 | +32.8% |
| Amounts payable | 17/49 | €614,319 | €381,447 | -€232,872 | -37.9% |
| Amounts payable after more than one year | 17 | €68,921 | €42,597 | -€26,324 | -38.2% |
| Financial debts | 170/4 | €68,921 | €42,597 | -€26,324 | -38.2% |
| Amounts payable within one year | 42/48 | €545,398 | €338,850 | -€206,548 | -37.9% |
| Current portion of amounts payable after more than one year | 42 | €56,808 | €87,814 | +€31,006 | +54.6% |
| Financial debts | 43 | €32,463 | €39,939 | +€7,476 | +23.0% |
| Credit institutions | 430/8 | €32,463 | €39,939 | +€7,476 | +23.0% |
| Trade debts | 44 | €52,836 | €36,890 | -€15,946 | -30.2% |
| Suppliers | 440/4 | €52,836 | €36,890 | -€15,946 | -30.2% |
| Advances received on contracts in progress | 46 | €320,517 | €90,087 | -€230,430 | -71.9% |
| Taxes, remuneration and social security | 45 | €80,774 | €82,120 | +€1,346 | +1.7% |
| Taxes | 450/3 | €37,644 | €36,777 | -€867 | -2.3% |
| Remuneration and social security | 454/9 | €43,130 | €45,342 | +€2,213 | +5.1% |
| Other amounts payable | 47/48 | €2,000 | €2,000 | = | 0.0% |
| Non-recurring operating income | 76A | €5,962 | - | -€5,962 | |
| Remuneration, social security and pensions | 62 | €267,727 | €319,997 | +€52,270 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,267 | €45,568 | +€13,301 | +41.2% |
| Other operating charges | 640/8 | €57,345 | €100,665 | +€43,320 | +75.5% |
| Gross operating margin | 9900 | €313,185 | €509,053 | +€195,868 | +62.5% |
| Operating profit (loss) | 9901 | -€44,154 | €42,823 | +€86,978 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €18,928 | €15,773 | -€3,155 | -16.7% |
| Recurring financial charges | 65 | €18,928 | €15,773 | -€3,155 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | -€63,082 | €27,051 | +€90,133 | |
| Profit (loss) for the period | 9904 | -€63,082 | €27,051 | +€90,133 | |
| Profit (loss) for the period to be appropriated | 9905 | -€63,082 | €27,051 | +€90,133 |
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 12 October 2026 via checked.be.