Transcar: 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.
Transcar
Largest movements
- Current investments +€20,914
up €20,914 (+8.7%), from €241,122 to €262,036
- Tangible fixed assets -€16,752
down €16,752 (-8.6%), from €194,028 to €177,275
of which Plant, machinery and equipment: -€15,081
- Cash +€12,944
up €12,944 (+80.5%), from €16,085 to €29,029
mainly Depreciation (+€19,460) and Net result for the year (+€7,533)
- Receivables within one year -€5,265
down €5,265 (-35.7%), from €14,766 to €9,502
- Profit (loss) carried forward +€7,533
up €7,533 (+5.4%), from -€140,396 to -€132,863
- Gross operating margin -€133,863
down €133,863 (-67.0%), from €199,820 to €65,957
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 | €480,579 | €490,470 | +€9,891 | +2.1% |
| Fixed assets | 21/28 | €206,655 | €189,903 | -€16,752 | -8.1% |
| Tangible fixed assets | 22/27 | €194,028 | €177,275 | -€16,752 | -8.6% |
| Land and buildings | 22 | €52,319 | €51,490 | -€829 | -1.6% |
| Plant, machinery and equipment | 23 | €134,689 | €119,608 | -€15,081 | -11.2% |
| Furniture and vehicles | 24 | €7,019 | €6,177 | -€842 | -12.0% |
| Financial fixed assets | 28 | €12,628 | €12,628 | = | 0.0% |
| Current assets | 29/58 | €273,924 | €300,567 | +€26,643 | +9.7% |
| Amounts receivable within one year | 40/41 | €14,766 | €9,502 | -€5,265 | -35.7% |
| Trade receivables | 40 | €14,766 | €9,502 | -€5,265 | -35.7% |
| Current investments | 50/53 | €241,122 | €262,036 | +€20,914 | +8.7% |
| Cash at bank and in hand | 54/58 | €16,085 | €29,029 | +€12,944 | +80.5% |
| Deferred charges and accrued income | 490/1 | €1,950 | - | -€1,950 | |
| Total equity and liabilities | 10/49 | €480,579 | €490,470 | +€9,891 | +2.1% |
| Equity | 10/15 | €435,390 | €442,923 | +€7,533 | +1.7% |
| Contributions | 10/11 | €68,400 | €68,400 | = | 0.0% |
| Reserves | 13 | €507,386 | €507,386 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,874 | €14,874 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,231 | €5,231 | = | 0.0% |
| Distributable reserves | 133 | €487,282 | €487,282 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,396 | -€132,863 | +€7,533 | +5.4% |
| Amounts payable | 17/49 | €45,189 | €47,547 | +€2,358 | +5.2% |
| Amounts payable within one year | 42/48 | €42,514 | €43,892 | +€1,378 | +3.2% |
| Trade debts | 44 | €15,950 | €14,998 | -€952 | -6.0% |
| Suppliers | 440/4 | €15,950 | €14,998 | -€952 | -6.0% |
| Taxes, remuneration and social security | 45 | €2,723 | €2,861 | +€138 | +5.1% |
| Remuneration and social security | 454/9 | €2,723 | €2,861 | +€138 | +5.1% |
| Other amounts payable | 47/48 | €23,841 | €26,033 | +€2,192 | +9.2% |
| Accrued charges and deferred income | 492/3 | €2,675 | €3,655 | +€980 | +36.6% |
| Non-recurring operating income | 76A | €1,874 | - | -€1,874 | |
| Remuneration, social security and pensions | 62 | €21,711 | €23,043 | +€1,331 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,789 | €19,460 | +€1,671 | +9.4% |
| Other operating charges | 640/8 | €16,337 | €17,276 | +€939 | +5.7% |
| Non-recurring operating charges | 66A | €2,830 | - | -€2,830 | |
| Gross operating margin | 9900 | €199,820 | €65,957 | -€133,863 | -67.0% |
| Operating profit (loss) | 9901 | €141,152 | €6,179 | -€134,973 | -95.6% |
| Financial income | 75/76B | €525 | €1,479 | +€955 | +181.9% |
| Recurring financial income | 75 | €525 | €1,479 | +€955 | +181.9% |
| Financial charges | 65/66B | €54 | €125 | +€71 | +132.3% |
| Recurring financial charges | 65 | €54 | €125 | +€71 | +132.3% |
| Profit (loss) for the period before taxes | 9903 | €141,623 | €7,533 | -€134,090 | -94.7% |
| Profit (loss) for the period | 9904 | €141,623 | €7,533 | -€134,090 | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €141,623 | €7,533 | -€134,090 | -94.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.