Trans-Wes: what changed
Two fiscal 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-Wes
Largest movements
- Tangible fixed assets -€28,712
down €28,712 (-23.2%), from €123,506 to €94,794
of which Leasing and similar rights: -€28,080
- Cash -€23,740
down €23,740 (-80.3%), from €29,563 to €5,824
mainly Debts after one year (-€29,405) and Other debts (-€12,470)
- Receivables within one year +€7,774
up €7,774 (+19.8%), from €39,327 to €47,101
of which Trade receivables: +€16,672
- Financial fixed assets +€3,100
up €3,100 (+310.0%), from €1,000 to €4,100
- Debts after one year -€29,405
down €29,405 (-25.0%), from €117,531 to €88,125
- Other debts -€12,470
down €12,470 (-75.2%), from €16,582 to €4,113
- Trade debts +€9,181
up €9,181 (+429.2%), from €2,139 to €11,320
- Profit (loss) carried forward -€7,304
new in 2024: -€7,304
- Other operating charges -€45,285
down €45,285 (-75.0%), from €60,403 to €15,118
- Gross operating margin -€32,339
down €32,339 (-40.1%), from €80,665 to €48,326
- Depreciation +€19,183
up €19,183 (+180.5%), from €10,629 to €29,812
- Write-downs +€4,492
new in 2024: €4,492
- Financial charges +€1,253
up €1,253 (+25.1%), from €4,995 to €6,248
From the 2023 result to the 2024 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,397 | €152,924 | -€40,473 | -20.9% |
| Fixed assets | 21/28 | €124,506 | €98,894 | -€25,612 | -20.6% |
| Tangible fixed assets | 22/27 | €123,506 | €94,794 | -€28,712 | -23.2% |
| Plant, machinery and equipment | 23 | €2,580 | €1,173 | -€1,408 | -54.6% |
| Furniture and vehicles | 24 | - | €776 | +€776 | |
| Leasing and similar rights | 25 | €120,926 | €92,846 | -€28,080 | -23.2% |
| Financial fixed assets | 28 | €1,000 | €4,100 | +€3,100 | +310.0% |
| Current assets | 29/58 | €68,891 | €54,030 | -€14,861 | -21.6% |
| Amounts receivable within one year | 40/41 | €39,327 | €47,101 | +€7,774 | +19.8% |
| Trade receivables | 40 | €28,064 | €44,737 | +€16,672 | +59.4% |
| Other amounts receivable | 41 | €11,263 | €2,364 | -€8,899 | -79.0% |
| Cash at bank and in hand | 54/58 | €29,563 | €5,824 | -€23,740 | -80.3% |
| Deferred charges and accrued income | 490/1 | - | €1,105 | +€1,105 | |
| Total equity and liabilities | 10/49 | €193,397 | €152,924 | -€40,473 | -20.9% |
| Equity | 10/15 | €25,581 | €18,277 | -€7,304 | -28.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,581 | €20,581 | = | 0.0% |
| Distributable reserves | 133 | €20,581 | €20,581 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€7,304 | -€7,304 | |
| Amounts payable | 17/49 | €167,816 | €134,647 | -€33,169 | -19.8% |
| Amounts payable after more than one year | 17 | €117,531 | €88,125 | -€29,405 | -25.0% |
| Financial debts | 170/4 | €117,531 | €88,125 | -€29,405 | -25.0% |
| Amounts payable within one year | 42/48 | €48,153 | €44,918 | -€3,235 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €28,245 | €29,405 | +€1,160 | +4.1% |
| Trade debts | 44 | €2,139 | €11,320 | +€9,181 | +429.2% |
| Suppliers | 440/4 | €2,139 | €11,320 | +€9,181 | +429.2% |
| Taxes, remuneration and social security | 45 | €1,186 | €80 | -€1,106 | -93.3% |
| Taxes | 450/3 | €1,186 | €80 | -€1,106 | -93.3% |
| Other amounts payable | 47/48 | €16,582 | €4,113 | -€12,470 | -75.2% |
| Accrued charges and deferred income | 492/3 | €2,133 | €1,604 | -€529 | -24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,629 | €29,812 | +€19,183 | +180.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,492 | +€4,492 | |
| Other operating charges | 640/8 | €60,403 | €15,118 | -€45,285 | -75.0% |
| Gross operating margin | 9900 | €80,665 | €48,326 | -€32,339 | -40.1% |
| Operating profit (loss) | 9901 | €9,633 | -€1,095 | -€10,729 | |
| Financial income | 75/76B | €0 | €39 | +€39 | +130233.3% |
| Recurring financial income | 75 | €0 | €39 | +€39 | +130233.3% |
| Financial charges | 65/66B | €4,995 | €6,248 | +€1,253 | +25.1% |
| Recurring financial charges | 65 | €4,995 | €6,248 | +€1,253 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | €4,638 | -€7,304 | -€11,942 | |
| Income taxes | 67/77 | €1,106 | €0 | -€1,106 | -100.0% |
| Profit (loss) for the period | 9904 | €3,532 | -€7,304 | -€10,836 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,532 | -€7,304 | -€10,836 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.