TRANS T&T: 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 T&T
Largest movements
- Receivables within one year -€62,950
down €62,950 (-29.8%), from €211,257 to €148,307
of which Trade receivables: -€58,059
- Tangible fixed assets +€31,081
up €31,081 (+98.7%), from €31,501 to €62,582
of which Furniture and vehicles: +€45,803
- Cash +€12,990
new in 2025: €12,990
mainly Receivables within one year (+€62,950) and Debts after one year (+€28,842)
- Debts after one year +€28,842
up €28,842 (+36.0%), from €80,105 to €108,947
of which Financial debts: +€28,842
- Profit (loss) carried forward -€23,427
down €23,427 (-89.3%), from €26,222 to €2,795
- Short-term financial debts -€19,400
no longer reported in 2025 (was €19,400)
of which Credit institutions: -€17,641
- Trade debts -€13,455
down €13,455 (-24.4%), from €55,055 to €41,600
- Current portion of long-term debt +€7,312
up €7,312 (+55.9%), from €13,087 to €20,399
- Gross operating margin -€106,067
down €106,067 (-20.7%), from €511,569 to €405,502
- Staff costs -€34,408
down €34,408 (-9.2%), from €375,489 to €341,081
- Taxes -€20,147
down €20,147 (-73.3%), from €27,476 to €7,329
- Depreciation -€13,478
down €13,478 (-36.7%), from €36,698 to €23,219
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 | €317,107 | €298,738 | -€18,369 | -5.8% |
| Fixed assets | 21/28 | €102,121 | €133,067 | +€30,946 | +30.3% |
| Tangible fixed assets | 22/27 | €31,501 | €62,582 | +€31,081 | +98.7% |
| Plant, machinery and equipment | 23 | €3,043 | €1,720 | -€1,323 | -43.5% |
| Furniture and vehicles | 24 | €6,945 | €52,749 | +€45,803 | +659% |
| Leasing and similar rights | 25 | €21,513 | €8,113 | -€13,400 | -62.3% |
| Financial fixed assets | 28 | €70,620 | €70,485 | -€135 | -0.2% |
| Current assets | 29/58 | €214,986 | €165,671 | -€49,315 | -22.9% |
| Amounts receivable within one year | 40/41 | €211,257 | €148,307 | -€62,950 | -29.8% |
| Trade receivables | 40 | €194,752 | €136,692 | -€58,059 | -29.8% |
| Other amounts receivable | 41 | €16,506 | €11,615 | -€4,891 | -29.6% |
| Cash at bank and in hand | 54/58 | - | €12,990 | +€12,990 | |
| Deferred charges and accrued income | 490/1 | €3,728 | €4,374 | +€645 | +17.3% |
| Total equity and liabilities | 10/49 | €317,107 | €298,738 | -€18,369 | -5.8% |
| Equity | 10/15 | €46,682 | €23,255 | -€23,427 | -50.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,222 | €2,795 | -€23,427 | -89.3% |
| Amounts payable | 17/49 | €270,425 | €275,483 | +€5,058 | +1.9% |
| Amounts payable after more than one year | 17 | €80,105 | €108,947 | +€28,842 | +36.0% |
| Financial debts | 170/4 | €11,105 | €39,947 | +€28,842 | +260% |
| Other amounts payable | 178/9 | €69,000 | €69,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €190,320 | €166,537 | -€23,784 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €13,087 | €20,399 | +€7,312 | +55.9% |
| Financial debts | 43 | €19,400 | - | -€19,400 | |
| Credit institutions | 430/8 | €17,641 | - | -€17,641 | |
| Other loans | 439 | €1,759 | - | -€1,759 | |
| Trade debts | 44 | €55,055 | €41,600 | -€13,455 | -24.4% |
| Suppliers | 440/4 | €55,055 | €41,600 | -€13,455 | -24.4% |
| Taxes, remuneration and social security | 45 | €102,779 | €104,537 | +€1,759 | +1.7% |
| Taxes | 450/3 | €58,361 | €54,770 | -€3,591 | -6.2% |
| Remuneration and social security | 454/9 | €44,418 | €49,767 | +€5,349 | +12.0% |
| Remuneration, social security and pensions | 62 | €375,489 | €341,081 | -€34,408 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,698 | €23,219 | -€13,478 | -36.7% |
| Other operating charges | 640/8 | €18,241 | €21,708 | +€3,467 | +19.0% |
| Non-recurring operating charges | 66A | €28,873 | €28,623 | -€250 | -0.9% |
| Gross operating margin | 9900 | €511,569 | €405,502 | -€106,067 | -20.7% |
| Operating profit (loss) | 9901 | €52,268 | -€9,130 | -€61,398 | |
| Financial income | 75/76B | €405 | €576 | +€171 | +42.1% |
| Recurring financial income | 75 | €405 | €576 | +€171 | +42.1% |
| Financial charges | 65/66B | €10,604 | €7,544 | -€3,060 | -28.9% |
| Recurring financial charges | 65 | €10,604 | €7,544 | -€3,060 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €42,069 | -€16,099 | -€58,167 | |
| Income taxes | 67/77 | €27,476 | €7,329 | -€20,147 | -73.3% |
| Profit (loss) for the period | 9904 | €14,593 | -€23,427 | -€38,020 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,593 | -€23,427 | -€38,020 |
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 28 October 2026 via checked.be.