TRANS WOUTER: 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 WOUTER
Largest movements
- Tangible fixed assets -€59,592
down €59,592 (-21.9%), from €271,994 to €212,402
of which Furniture and vehicles: -€46,516
- Cash -€45,505
down €45,505 (-44.7%), from €101,894 to €56,389
mainly Trade debts (-€185,633) and Investment in fixed assets (net) (-€9,766)
- Receivables within one year -€22,761
down €22,761 (-30.6%), from €74,420 to €51,658
of which Other amounts receivable: -€32,854
- Trade debts -€185,633
down €185,633 (-93.6%), from €198,297 to €12,663
- Reserves +€64,582
up €64,582 (+94.7%), from €68,215 to €132,797
of which Distributable reserves: +€70,982
- Profit (loss) carried forward -€61,060
down €61,060 (-100.0%), from €61,060 to €0
- Debts after one year +€44,124
up €44,124 (+78.1%), from €56,464 to €100,588
- Current portion of long-term debt +€19,835
up €19,835 (+96.1%), from €20,647 to €40,482
- Depreciation +€32,623
up €32,623 (+88.8%), from €36,736 to €69,358
- Gross operating margin -€6,564
down €6,564 (-6.3%), from €103,569 to €97,005
- Taxes +€4,022
up €4,022 (+651.0%), from €618 to €4,640
- Financial charges +€3,043
up €3,043 (+115.7%), from €2,630 to €5,673
- Other operating charges -€2,257
down €2,257 (-12.7%), from €17,828 to €15,571
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
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 | €450,393 | €322,534 | -€127,859 | -28.4% |
| Fixed assets | 21/28 | €274,079 | €214,487 | -€59,592 | -21.7% |
| Tangible fixed assets | 22/27 | €271,994 | €212,402 | -€59,592 | -21.9% |
| Land and buildings | 22 | €3,585 | €2,292 | -€1,292 | -36.1% |
| Plant, machinery and equipment | 23 | €79,744 | €67,961 | -€11,784 | -14.8% |
| Furniture and vehicles | 24 | €188,665 | €142,149 | -€46,516 | -24.7% |
| Financial fixed assets | 28 | €2,085 | €2,085 | = | 0.0% |
| Current assets | 29/58 | €176,314 | €108,048 | -€68,266 | -38.7% |
| Amounts receivable within one year | 40/41 | €74,420 | €51,658 | -€22,761 | -30.6% |
| Trade receivables | 40 | €34,199 | €44,292 | +€10,093 | +29.5% |
| Other amounts receivable | 41 | €40,221 | €7,367 | -€32,854 | -81.7% |
| Cash at bank and in hand | 54/58 | €101,894 | €56,389 | -€45,505 | -44.7% |
| Total equity and liabilities | 10/49 | €450,393 | €322,534 | -€127,859 | -28.4% |
| Equity | 10/15 | €154,275 | €157,797 | +€3,522 | +2.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €68,215 | €132,797 | +€64,582 | +94.7% |
| Tax-exempt reserves | 132 | €65,715 | €59,315 | -€6,400 | -9.7% |
| Distributable reserves | 133 | €2,500 | €73,482 | +€70,982 | +2839.3% |
| Profit (loss) carried forward | 14 | €61,060 | €0 | -€61,060 | -100.0% |
| Provisions and deferred taxes | 16 | €7,987 | €6,387 | -€1,600 | -20.0% |
| Deferred taxes | 168 | €7,987 | €6,387 | -€1,600 | -20.0% |
| Amounts payable | 17/49 | €288,131 | €158,350 | -€129,781 | -45.0% |
| Amounts payable after more than one year | 17 | €56,464 | €100,588 | +€44,124 | +78.1% |
| Financial debts | 170/4 | €56,464 | €100,588 | +€44,124 | +78.1% |
| Amounts payable within one year | 42/48 | €224,777 | €57,762 | -€167,016 | -74.3% |
| Current portion of amounts payable after more than one year | 42 | €20,647 | €40,482 | +€19,835 | +96.1% |
| Trade debts | 44 | €198,297 | €12,663 | -€185,633 | -93.6% |
| Suppliers | 440/4 | €198,297 | €12,663 | -€185,633 | -93.6% |
| Taxes, remuneration and social security | 45 | €5,834 | €4,616 | -€1,218 | -20.9% |
| Taxes | 450/3 | €5,234 | €4,616 | -€618 | -11.8% |
| Remuneration and social security | 454/9 | €600 | €0 | -€600 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €6,889 | €0 | -€6,889 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,736 | €69,358 | +€32,623 | +88.8% |
| Other operating charges | 640/8 | €17,828 | €15,571 | -€2,257 | -12.7% |
| Gross operating margin | 9900 | €103,569 | €97,005 | -€6,564 | -6.3% |
| Operating profit (loss) | 9901 | €49,005 | €12,076 | -€36,930 | -75.4% |
| Financial income | 75/76B | €0 | €159 | +€159 | +1593200.0% |
| Recurring financial income | 75 | €0 | €159 | +€159 | +1593200.0% |
| Financial charges | 65/66B | €2,630 | €5,673 | +€3,043 | +115.7% |
| Recurring financial charges | 65 | €2,630 | €5,673 | +€3,043 | +115.7% |
| Profit (loss) for the period before taxes | 9903 | €46,376 | €6,562 | -€39,814 | -85.9% |
| Transfer from deferred taxes | 780 | €13 | €1,600 | +€1,587 | +12104.4% |
| Transfer to deferred taxes | 680 | €8,000 | €0 | -€8,000 | -100.0% |
| Income taxes | 67/77 | €618 | €4,640 | +€4,022 | +651.0% |
| Profit (loss) for the period | 9904 | €37,771 | €3,522 | -€34,249 | -90.7% |
| Transfer from tax-exempt reserves | 789 | €52 | €6,400 | +€6,348 | +12099.8% |
| Transfer to tax-exempt reserves | 689 | €32,000 | €0 | -€32,000 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,824 | €9,922 | +€4,099 | +70.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.