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
- Cash +€358,421
up €358,421 (+103.8%), from €345,391 to €703,812
mainly Net result for the year (+€195,931) and Receivables within one year (+€144,517)
- Receivables within one year -€144,517
down €144,517 (-76.1%), from €190,025 to €45,508
of which Trade receivables: -€145,912
- Reserves +€195,800
up €195,800 (+32.7%), from €598,657 to €794,457
of which Distributable reserves: +€195,800
- Tax, wage and social debts +€33,785
up €33,785 (+117.2%), from €28,831 to €62,616
of which Taxes: +€31,069
- Taxes +€25,841
up €25,841 (+5755.2%), from €449 to €26,290
- Gross operating margin -€23,737
down €23,737 (-8.5%), from €279,116 to €255,378
- Staff costs -€8,615
down €8,615 (-19.9%), from €43,252 to €34,637
- Financial income +€3,012
up €3,012 (+99.2%), from €3,036 to €6,048
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 | €565,789 | €781,343 | +€215,555 | +38.1% |
| Fixed assets | 21/28 | €2,373 | €6,465 | +€4,092 | +172.5% |
| Tangible fixed assets | 22/27 | - | €4,036 | +€4,036 | |
| Furniture and vehicles | 24 | - | €4,036 | +€4,036 | |
| Financial fixed assets | 28 | €2,373 | €2,429 | +€56 | +2.4% |
| Current assets | 29/58 | €563,416 | €774,879 | +€211,463 | +37.5% |
| Amounts receivable within one year | 40/41 | €190,025 | €45,508 | -€144,517 | -76.1% |
| Trade receivables | 40 | €160,578 | €14,666 | -€145,912 | -90.9% |
| Other amounts receivable | 41 | €29,447 | €30,842 | +€1,395 | +4.7% |
| Current investments | 50/53 | €20,253 | €25,448 | +€5,195 | +25.6% |
| Cash at bank and in hand | 54/58 | €345,391 | €703,812 | +€358,421 | +103.8% |
| Deferred charges and accrued income | 490/1 | €7,746 | €111 | -€7,635 | -98.6% |
| Total equity and liabilities | 10/49 | €565,789 | €781,343 | +€215,555 | +38.1% |
| Equity | 10/15 | €505,496 | €701,427 | +€195,931 | +38.8% |
| Contributions | 10/11 | €6,693 | €6,693 | = | 0.0% |
| Reserves | 13 | €598,657 | €794,457 | +€195,800 | +32.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €596,657 | €596,657 | = | 0.0% |
| Distributable reserves | 133 | - | €195,800 | +€195,800 | |
| Profit (loss) carried forward | 14 | -€99,855 | -€99,724 | +€131 | +0.1% |
| Amounts payable | 17/49 | €60,293 | €79,917 | +€19,624 | +32.5% |
| Amounts payable within one year | 42/48 | €60,293 | €79,917 | +€19,624 | +32.5% |
| Trade debts | 44 | €18,941 | €12,536 | -€6,405 | -33.8% |
| Suppliers | 440/4 | €18,941 | €12,536 | -€6,405 | -33.8% |
| Taxes, remuneration and social security | 45 | €28,831 | €62,616 | +€33,785 | +117.2% |
| Taxes | 450/3 | €24,990 | €56,059 | +€31,069 | +124.3% |
| Remuneration and social security | 454/9 | €3,841 | €6,557 | +€2,716 | +70.7% |
| Other amounts payable | 47/48 | €12,521 | €4,765 | -€7,756 | -61.9% |
| Non-recurring operating income | 76A | - | €145,000 | +€145,000 | |
| Remuneration, social security and pensions | 62 | €43,252 | €34,637 | -€8,615 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €469 | +€469 | |
| Other operating charges | 640/8 | €1,993 | €1,329 | -€664 | -33.3% |
| Non-recurring operating charges | 66A | €20 | €45 | +€25 | +122.4% |
| Gross operating margin | 9900 | €279,116 | €255,378 | -€23,737 | -8.5% |
| Operating profit (loss) | 9901 | €233,851 | €218,898 | -€14,952 | -6.4% |
| Financial income | 75/76B | €3,036 | €6,048 | +€3,012 | +99.2% |
| Recurring financial income | 75 | €3,036 | €6,048 | +€3,012 | +99.2% |
| Financial charges | 65/66B | €3,241 | €2,726 | -€515 | -15.9% |
| Recurring financial charges | 65 | €3,241 | €2,726 | -€515 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €233,645 | €222,221 | -€11,425 | -4.9% |
| Income taxes | 67/77 | €449 | €26,290 | +€25,841 | +5755.2% |
| Profit (loss) for the period | 9904 | €233,196 | €195,931 | -€37,266 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €233,196 | €195,931 | -€37,266 | -16.0% |
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 1 October 2026 via checked.be.