TRANSBELDECOR: 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.
TRANSBELDECOR
Largest movements
- Tangible fixed assets -€22,174
down €22,174 (-5.0%), from €439,707 to €417,533
of which Land and buildings: -€17,713
- Deferred charges and accrued income +€13,490
up €13,490 (+111.3%), from €12,121 to €25,611
- Receivables within one year -€6,756
down €6,756 (-4.1%), from €166,760 to €160,003
of which Other amounts receivable: -€4,810
- Reserves +€28,000
up €28,000 (+1506.0%), from €1,859 to €29,859
of which Distributable reserves: +€28,000
- Trade debts -€20,740
down €20,740 (-67.9%), from €30,564 to €9,824
- Debts after one year -€20,449
down €20,449 (-8.1%), from €252,033 to €231,584
of which Financial debts: -€20,449
- Tax, wage and social debts -€10,386
down €10,386 (-19.6%), from €52,890 to €42,504
of which Remuneration and social security: -€12,431
- Other debts +€10,355
up €10,355 (+8.7%), from €119,023 to €129,378
- Gross operating margin -€12,213
down €12,213 (-7.7%), from €158,767 to €146,554
- Other operating charges +€5,724
up €5,724 (+88.3%), from €6,484 to €12,208
- Depreciation -€4,929
down €4,929 (-17.7%), from €27,788 to €22,859
- Staff costs +€1,762
up €1,762 (+2.9%), from €60,188 to €61,950
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 | €648,910 | €636,795 | -€12,116 | -1.9% |
| Fixed assets | 21/28 | €440,347 | €418,173 | -€22,174 | -5.0% |
| Tangible fixed assets | 22/27 | €439,707 | €417,533 | -€22,174 | -5.0% |
| Land and buildings | 22 | €426,859 | €409,146 | -€17,713 | -4.1% |
| Plant, machinery and equipment | 23 | €6,124 | €3,714 | -€2,410 | -39.4% |
| Furniture and vehicles | 24 | €6,724 | €4,673 | -€2,052 | -30.5% |
| Financial fixed assets | 28 | €640 | €640 | = | 0.0% |
| Current assets | 29/58 | €208,564 | €218,622 | +€10,058 | +4.8% |
| Stocks and contracts in progress | 3 | €7,205 | €9,688 | +€2,484 | +34.5% |
| Stocks | 30/36 | €7,205 | €9,688 | +€2,484 | +34.5% |
| Amounts receivable within one year | 40/41 | €166,760 | €160,003 | -€6,756 | -4.1% |
| Trade receivables | 40 | €127,655 | €125,708 | -€1,946 | -1.5% |
| Other amounts receivable | 41 | €39,105 | €34,295 | -€4,810 | -12.3% |
| Cash at bank and in hand | 54/58 | €22,478 | €23,319 | +€841 | +3.7% |
| Deferred charges and accrued income | 490/1 | €12,121 | €25,611 | +€13,490 | +111.3% |
| Total equity and liabilities | 10/49 | €648,910 | €636,795 | -€12,116 | -1.9% |
| Equity | 10/15 | €168,292 | €197,060 | +€28,768 | +17.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €29,859 | +€28,000 | +1506.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | - | €28,000 | +€28,000 | |
| Profit (loss) carried forward | 14 | €147,841 | €148,608 | +€768 | +0.5% |
| Amounts payable | 17/49 | €480,619 | €439,735 | -€40,883 | -8.5% |
| Amounts payable after more than one year | 17 | €252,033 | €231,584 | -€20,449 | -8.1% |
| Financial debts | 170/4 | €249,634 | €229,185 | -€20,449 | -8.2% |
| Other amounts payable | 178/9 | €2,399 | €2,399 | = | 0.0% |
| Amounts payable within one year | 42/48 | €222,586 | €202,151 | -€20,434 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €20,109 | €20,445 | +€336 | +1.7% |
| Trade debts | 44 | €30,564 | €9,824 | -€20,740 | -67.9% |
| Suppliers | 440/4 | €30,564 | €9,824 | -€20,740 | -67.9% |
| Taxes, remuneration and social security | 45 | €52,890 | €42,504 | -€10,386 | -19.6% |
| Taxes | 450/3 | €29,590 | €31,634 | +€2,045 | +6.9% |
| Remuneration and social security | 454/9 | €23,300 | €10,870 | -€12,431 | -53.4% |
| Other amounts payable | 47/48 | €119,023 | €129,378 | +€10,355 | +8.7% |
| Accrued charges and deferred income | 492/3 | €6,000 | €6,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €60,188 | €61,950 | +€1,762 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,788 | €22,859 | -€4,929 | -17.7% |
| Other operating charges | 640/8 | €6,484 | €12,208 | +€5,724 | +88.3% |
| Gross operating margin | 9900 | €158,767 | €146,554 | -€12,213 | -7.7% |
| Operating profit (loss) | 9901 | €64,307 | €49,536 | -€14,771 | -23.0% |
| Financial income | 75/76B | €1 | €3 | +€2 | +153.0% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +153.0% |
| Financial charges | 65/66B | €5,085 | €4,155 | -€930 | -18.3% |
| Recurring financial charges | 65 | €5,085 | €4,155 | -€930 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €59,224 | €45,384 | -€13,840 | -23.4% |
| Income taxes | 67/77 | €17,051 | €16,617 | -€435 | -2.5% |
| Profit (loss) for the period | 9904 | €42,173 | €28,768 | -€13,405 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,173 | €28,768 | -€13,405 | -31.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.