TRANS OPLING: 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 OPLING
Largest movements
- Receivables within one year -€20,818
down €20,818 (-63.8%), from €32,639 to €11,821
of which Trade receivables: -€10,922
- Advances received -€20,919
down €20,919 (-82.3%), from €25,419 to €4,500
- Tax, wage and social debts +€6,201
up €6,201 (+125%), from €4,957 to €11,158
- Trade debts -€5,907
down €5,907 (-60.7%), from €9,730 to €3,823
- Gross operating margin +€20,968
up €20,968, from -€19,295 to €1,673
- Taxes -€1,477
no longer reported in 2025 (was €1,477)
- Other operating charges +€696
up €696 (+154%), from €452 to €1,148
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 | €41,976 | €21,207 | -€20,769 | -49.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €9,000 | €9,000 | = | 0.0% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €32,976 | €12,207 | -€20,769 | -63.0% |
| Amounts receivable within one year | 40/41 | €32,639 | €11,821 | -€20,818 | -63.8% |
| Trade receivables | 40 | €18,549 | €7,628 | -€10,922 | -58.9% |
| Other amounts receivable | 41 | €14,090 | €4,194 | -€9,896 | -70.2% |
| Cash at bank and in hand | 54/58 | €337 | €386 | +€49 | +14.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €41,976 | €21,207 | -€20,769 | -49.5% |
| Equity | 10/15 | €1,869 | €1,726 | -€144 | -7.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,731 | -€16,874 | -€144 | -0.9% |
| Amounts payable | 17/49 | €40,107 | €19,482 | -€20,625 | -51.4% |
| Amounts payable within one year | 42/48 | €40,107 | €19,482 | -€20,625 | -51.4% |
| Trade debts | 44 | €9,730 | €3,823 | -€5,907 | -60.7% |
| Suppliers | 440/4 | €9,730 | €3,823 | -€5,907 | -60.7% |
| Advances received on contracts in progress | 46 | €25,419 | €4,500 | -€20,919 | -82.3% |
| Taxes, remuneration and social security | 45 | €4,957 | €11,158 | +€6,201 | +125% |
| Taxes | 450/3 | €4,957 | €11,158 | +€6,201 | +125% |
| Other operating charges | 640/8 | €452 | €1,148 | +€696 | +154% |
| Non-recurring operating charges | 66A | €189 | €500 | +€311 | +164% |
| Gross operating margin | 9900 | -€19,295 | €1,673 | +€20,968 | |
| Operating profit (loss) | 9901 | -€19,936 | €25 | +€19,962 | |
| Financial income | 75/76B | €0 | €1 | +€0 | +50.0% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +50.0% |
| Financial charges | 65/66B | €212 | €170 | -€43 | -20.1% |
| Recurring financial charges | 65 | €212 | €170 | -€43 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,148 | -€144 | +€20,004 | +99.3% |
| Income taxes | 67/77 | €1,477 | - | -€1,477 | |
| Profit (loss) for the period | 9904 | -€21,625 | -€144 | +€21,482 | +99.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,625 | -€144 | +€21,482 | +99.3% |
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 14 October 2026 via checked.be.