TRANSCARAVAN: 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.
TRANSCARAVAN
Largest movements
- Receivables within one year -€692,239
down €692,239 (-79.3%), from €873,483 to €181,245
of which Trade receivables: -€709,133
- Cash -€69,007
down €69,007 (-22.7%), from €304,061 to €235,055
mainly Trade debts (-€736,176) and Stocks and contracts (-€58,253)
- Stocks and contracts +€58,253
up €58,253 (+7.5%), from €776,043 to €834,296
- Tangible fixed assets -€50,843
down €50,843 (-9.2%), from €554,688 to €503,845
of which Furniture and vehicles: -€39,636
- Deferred charges and accrued income +€41,100
up €41,100 (+114%), from €36,051 to €77,152
- Trade debts -€736,176
down €736,176 (-75.8%), from €970,853 to €234,677
- Accrued charges and deferred income +€90,211
up €90,211, from €0 to €90,211
- Debts after one year -€54,011
down €54,011 (-12.1%), from €446,444 to €392,433
of which Financial debts: -€94,236
- Short-term financial debts -€38,811
down €38,811 (-8.1%), from €481,030 to €442,218
- Other debts +€26,806
up €26,806 (+63.5%), from €42,201 to €69,007
- Financial charges -€45,005
down €45,005 (-60.5%), from €74,337 to €29,332
- Gross operating margin -€39,202
down €39,202 (-9.1%), from €432,411 to €393,210
- Staff costs +€33,903
up €33,903 (+13.9%), from €244,377 to €278,280
- Depreciation -€12,503
down €12,503 (-16.0%), from €78,122 to €65,619
- Financial income +€11,567
up €11,567 (+1,336%), from €866 to €12,433
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.
Derived cash bridge
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 | €2,562,717 | €1,849,982 | -€712,735 | -27.8% |
| Fixed assets | 21/28 | €573,078 | €522,235 | -€50,843 | -8.9% |
| Tangible fixed assets | 22/27 | €554,688 | €503,845 | -€50,843 | -9.2% |
| Land and buildings | 22 | €418,674 | €403,195 | -€15,479 | -3.7% |
| Plant, machinery and equipment | 23 | €23,466 | €27,739 | +€4,273 | +18.2% |
| Furniture and vehicles | 24 | €112,548 | €72,912 | -€39,636 | -35.2% |
| Financial fixed assets | 28 | €18,390 | €18,390 | = | 0.0% |
| Current assets | 29/58 | €1,989,639 | €1,327,747 | -€661,892 | -33.3% |
| Stocks and contracts in progress | 3 | €776,043 | €834,296 | +€58,253 | +7.5% |
| Stocks | 30/36 | €776,043 | €834,296 | +€58,253 | +7.5% |
| Amounts receivable within one year | 40/41 | €873,483 | €181,245 | -€692,239 | -79.3% |
| Trade receivables | 40 | €811,390 | €102,257 | -€709,133 | -87.4% |
| Other amounts receivable | 41 | €62,094 | €78,987 | +€16,894 | +27.2% |
| Cash at bank and in hand | 54/58 | €304,061 | €235,055 | -€69,007 | -22.7% |
| Deferred charges and accrued income | 490/1 | €36,051 | €77,152 | +€41,100 | +114% |
| Total equity and liabilities | 10/49 | €2,562,717 | €1,849,982 | -€712,735 | -27.8% |
| Equity | 10/15 | €522,125 | €527,585 | +€5,460 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €503,525 | €508,985 | +€5,460 | +1.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €501,665 | €507,125 | +€5,460 | +1.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €2,040,592 | €1,322,397 | -€718,195 | -35.2% |
| Amounts payable after more than one year | 17 | €446,444 | €392,433 | -€54,011 | -12.1% |
| Financial debts | 170/4 | €446,444 | €352,208 | -€94,236 | -21.1% |
| Other amounts payable | 178/9 | - | €40,224 | +€40,224 | |
| Amounts payable within one year | 42/48 | €1,594,148 | €839,754 | -€754,394 | -47.3% |
| Current portion of amounts payable after more than one year | 42 | €26,771 | €27,102 | +€330 | +1.2% |
| Financial debts | 43 | €481,030 | €442,218 | -€38,811 | -8.1% |
| Credit institutions | 430/8 | €481,030 | €442,218 | -€38,811 | -8.1% |
| Trade debts | 44 | €970,853 | €234,677 | -€736,176 | -75.8% |
| Suppliers | 440/4 | €970,853 | €234,677 | -€736,176 | -75.8% |
| Taxes, remuneration and social security | 45 | €73,293 | €66,750 | -€6,543 | -8.9% |
| Taxes | 450/3 | €47,190 | €30,133 | -€17,058 | -36.1% |
| Remuneration and social security | 454/9 | €26,103 | €36,617 | +€10,515 | +40.3% |
| Other amounts payable | 47/48 | €42,201 | €69,007 | +€26,806 | +63.5% |
| Accrued charges and deferred income | 492/3 | €0 | €90,211 | +€90,211 | |
| Non-recurring operating income | 76A | - | €18,445 | +€18,445 | |
| Remuneration, social security and pensions | 62 | €244,377 | €278,280 | +€33,903 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,122 | €65,619 | -€12,503 | -16.0% |
| Other operating charges | 640/8 | €17,344 | €12,201 | -€5,143 | -29.7% |
| Non-recurring operating charges | 66A | €2,770 | €7,462 | +€4,692 | +169% |
| Gross operating margin | 9900 | €432,411 | €393,210 | -€39,202 | -9.1% |
| Operating profit (loss) | 9901 | €89,799 | €29,648 | -€60,151 | -67.0% |
| Financial income | 75/76B | €866 | €12,433 | +€11,567 | +1,336% |
| Recurring financial income | 75 | €866 | €12,433 | +€11,567 | +1,336% |
| Financial charges | 65/66B | €74,337 | €29,332 | -€45,005 | -60.5% |
| Recurring financial charges | 65 | €74,337 | €29,332 | -€45,005 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €16,328 | €12,749 | -€3,579 | -21.9% |
| Income taxes | 67/77 | €8,030 | €7,289 | -€741 | -9.2% |
| Profit (loss) for the period | 9904 | €8,298 | €5,460 | -€2,838 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,298 | €5,460 | -€2,838 | -34.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.