TRANS-PRO-BOIS: 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-PRO-BOIS
Largest movements
- Receivables within one year -€105,397
down €105,397 (-26.4%), from €399,973 to €294,575
of which Trade receivables: -€192,763
- Tangible fixed assets +€76,564
up €76,564 (+16.0%), from €477,795 to €554,359
of which Leasing and similar rights: +€107,045
- Trade debts -€180,075
down €180,075 (-60.1%), from €299,704 to €119,629
- Other debts +€92,086
up €92,086 (+134%), from €68,768 to €160,854
- Current portion of long-term debt +€38,990
up €38,990 (+42.5%), from €91,783 to €130,773
- Debts after one year +€15,156
up €15,156 (+3.5%), from €430,495 to €445,651
- Investment grants +€12,309
new in 2025: €12,309
- Gross operating margin +€283,357
up €283,357 (+147%), from €192,668 to €476,024
- Staff costs +€107,932
up €107,932 (+82.7%), from €130,573 to €238,505
- Depreciation +€62,720
up €62,720 (+103%), from €60,930 to €123,651
- Other operating charges +€48,368
up €48,368 (+108%), from €44,812 to €93,181
- Financial charges -€7,166
down €7,166 (-16.8%), from €42,706 to €35,540
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 | €901,194 | €882,323 | -€18,871 | -2.1% |
| Fixed assets | 21/28 | €477,970 | €556,534 | +€78,564 | +16.4% |
| Tangible fixed assets | 22/27 | €477,795 | €554,359 | +€76,564 | +16.0% |
| Plant, machinery and equipment | 23 | €14,467 | €10,758 | -€3,709 | -25.6% |
| Furniture and vehicles | 24 | €99,955 | €73,184 | -€26,772 | -26.8% |
| Leasing and similar rights | 25 | €363,372 | €470,417 | +€107,045 | +29.5% |
| Financial fixed assets | 28 | €175 | €2,175 | +€2,000 | +1,143% |
| Current assets | 29/58 | €423,224 | €325,790 | -€97,435 | -23.0% |
| Stocks and contracts in progress | 3 | - | €4,000 | +€4,000 | |
| Stocks | 30/36 | - | €4,000 | +€4,000 | |
| Amounts receivable within one year | 40/41 | €399,973 | €294,575 | -€105,397 | -26.4% |
| Trade receivables | 40 | €373,161 | €180,398 | -€192,763 | -51.7% |
| Other amounts receivable | 41 | €26,812 | €114,177 | +€87,366 | +326% |
| Cash at bank and in hand | 54/58 | €17,133 | €22,032 | +€4,899 | +28.6% |
| Deferred charges and accrued income | 490/1 | €6,119 | €5,182 | -€936 | -15.3% |
| Total equity and liabilities | 10/49 | €901,194 | €882,323 | -€18,871 | -2.1% |
| Equity | 10/15 | -€13,913 | -€12,290 | +€1,622 | +11.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,113 | -€92,799 | -€10,687 | -13.0% |
| Investment grants | 15 | - | €12,309 | +€12,309 | |
| Amounts payable | 17/49 | €915,107 | €894,613 | -€20,493 | -2.2% |
| Amounts payable after more than one year | 17 | €430,495 | €445,651 | +€15,156 | +3.5% |
| Financial debts | 170/4 | €430,495 | €445,651 | +€15,156 | +3.5% |
| Amounts payable within one year | 42/48 | €484,612 | €448,962 | -€35,650 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €91,783 | €130,773 | +€38,990 | +42.5% |
| Financial debts | 43 | €503 | €4,222 | +€3,719 | +739% |
| Credit institutions | 430/8 | €503 | €4,222 | +€3,719 | +739% |
| Trade debts | 44 | €299,704 | €119,629 | -€180,075 | -60.1% |
| Suppliers | 440/4 | €299,704 | €119,629 | -€180,075 | -60.1% |
| Taxes, remuneration and social security | 45 | €23,854 | €33,485 | +€9,631 | +40.4% |
| Taxes | 450/3 | €6,005 | €9,946 | +€3,942 | +65.6% |
| Remuneration and social security | 454/9 | €17,849 | €23,538 | +€5,689 | +31.9% |
| Other amounts payable | 47/48 | €68,768 | €160,854 | +€92,086 | +134% |
| Remuneration, social security and pensions | 62 | €130,573 | €238,505 | +€107,932 | +82.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,930 | €123,651 | +€62,720 | +103% |
| Other operating charges | 640/8 | €44,812 | €93,181 | +€48,368 | +108% |
| Gross operating margin | 9900 | €192,668 | €476,024 | +€283,357 | +147% |
| Operating profit (loss) | 9901 | -€43,649 | €20,688 | +€64,336 | |
| Financial income | 75/76B | €3,500 | €3,958 | +€458 | +13.1% |
| Recurring financial income | 75 | €3,500 | €3,958 | +€458 | +13.1% |
| Financial charges | 65/66B | €42,706 | €35,540 | -€7,166 | -16.8% |
| Recurring financial charges | 65 | €42,706 | €35,540 | -€7,166 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€82,854 | -€10,894 | +€71,960 | +86.9% |
| Income taxes | 67/77 | €1,030 | -€207 | -€1,237 | |
| Profit (loss) for the period | 9904 | -€83,884 | -€10,687 | +€73,197 | +87.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€83,884 | -€10,687 | +€73,197 | +87.3% |
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 1 November 2026 via checked.be.