Transcools: 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.
Transcools
Largest movements
- Tangible fixed assets -€47,870
down €47,870 (-12.7%), from €375,576 to €327,706
of which Leasing and similar rights: -€48,176
- Receivables within one year +€23,557
up €23,557 (+6.9%), from €339,237 to €362,795
of which Trade receivables: +€25,210
- Stocks and contracts -€17,559
down €17,559 (-30.4%), from €57,761 to €40,203
- Reserves +€64,329
up €64,329 (+12.1%), from €533,325 to €597,653
of which Distributable reserves: +€92,771
- Current portion of long-term debt -€44,344
down €44,344 (-65.5%), from €67,716 to €23,372
- Trade debts -€39,632
down €39,632 (-30.8%), from €128,742 to €89,110
- Debts after one year -€23,372
down €23,372 (-16.2%), from €144,369 to €120,997
- Gross operating margin +€131,374
up €131,374 (+18.6%), from €705,912 to €837,286
- Depreciation +€36,225
up €36,225 (+38.5%), from €93,977 to €130,201
- Taxes +€29,719
up €29,719 (+848.3%), from €3,503 to €33,222
- Staff costs +€23,652
up €23,652 (+4.6%), from €509,846 to €533,498
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 | €1,075,370 | €1,031,082 | -€44,288 | -4.1% |
| Fixed assets | 21/28 | €395,445 | €346,124 | -€49,320 | -12.5% |
| Tangible fixed assets | 22/27 | €375,576 | €327,706 | -€47,870 | -12.7% |
| Plant, machinery and equipment | 23 | €9,874 | €13,769 | +€3,896 | +39.5% |
| Furniture and vehicles | 24 | €147,403 | €147,800 | +€397 | +0.3% |
| Leasing and similar rights | 25 | €204,274 | €156,098 | -€48,176 | -23.6% |
| Other tangible fixed assets | 26 | €14,026 | €10,039 | -€3,987 | -28.4% |
| Financial fixed assets | 28 | €19,868 | €18,418 | -€1,450 | -7.3% |
| Current assets | 29/58 | €679,925 | €684,957 | +€5,032 | +0.7% |
| Stocks and contracts in progress | 3 | €57,761 | €40,203 | -€17,559 | -30.4% |
| Stocks | 30/36 | €57,761 | €40,203 | -€17,559 | -30.4% |
| Amounts receivable within one year | 40/41 | €339,237 | €362,795 | +€23,557 | +6.9% |
| Trade receivables | 40 | €227,265 | €252,475 | +€25,210 | +11.1% |
| Other amounts receivable | 41 | €111,973 | €110,320 | -€1,653 | -1.5% |
| Cash at bank and in hand | 54/58 | €252,484 | €243,901 | -€8,583 | -3.4% |
| Deferred charges and accrued income | 490/1 | €30,442 | €38,059 | +€7,616 | +25.0% |
| Total equity and liabilities | 10/49 | €1,075,370 | €1,031,082 | -€44,288 | -4.1% |
| Equity | 10/15 | €643,325 | €707,653 | +€64,329 | +10.0% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €533,325 | €597,653 | +€64,329 | +12.1% |
| Tax-exempt reserves | 132 | €190,720 | €162,278 | -€28,443 | -14.9% |
| Distributable reserves | 133 | €342,604 | €435,376 | +€92,771 | +27.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €45,788 | €36,307 | -€9,481 | -20.7% |
| Deferred taxes | 168 | €45,788 | €36,307 | -€9,481 | -20.7% |
| Amounts payable | 17/49 | €386,258 | €287,122 | -€99,136 | -25.7% |
| Amounts payable after more than one year | 17 | €144,369 | €120,997 | -€23,372 | -16.2% |
| Financial debts | 170/4 | €144,369 | €120,997 | -€23,372 | -16.2% |
| Amounts payable within one year | 42/48 | €241,889 | €166,125 | -€75,764 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €67,716 | €23,372 | -€44,344 | -65.5% |
| Trade debts | 44 | €128,742 | €89,110 | -€39,632 | -30.8% |
| Suppliers | 440/4 | €128,742 | €89,110 | -€39,632 | -30.8% |
| Taxes, remuneration and social security | 45 | €45,432 | €53,643 | +€8,211 | +18.1% |
| Taxes | 450/3 | €422 | €5,127 | +€4,705 | +1115.7% |
| Remuneration and social security | 454/9 | €45,010 | €48,516 | +€3,506 | +7.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €413 | €37,099 | +€36,686 | +8878.0% |
| Remuneration, social security and pensions | 62 | €509,846 | €533,498 | +€23,652 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,977 | €130,201 | +€36,225 | +38.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €756 | -€756 | -€1,512 | |
| Other operating charges | 640/8 | €76,585 | €81,270 | +€4,684 | +6.1% |
| Non-recurring operating charges | 66A | €860 | €0 | -€860 | -100.0% |
| Gross operating margin | 9900 | €705,912 | €837,286 | +€131,374 | +18.6% |
| Operating profit (loss) | 9901 | €23,888 | €93,073 | +€69,185 | +289.6% |
| Financial income | 75/76B | €4,177 | €2,958 | -€1,219 | -29.2% |
| Recurring financial income | 75 | €4,177 | €2,958 | -€1,219 | -29.2% |
| Financial charges | 65/66B | €11,441 | €7,961 | -€3,480 | -30.4% |
| Recurring financial charges | 65 | €11,441 | €7,961 | -€3,480 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €16,624 | €88,070 | +€71,446 | +429.8% |
| Transfer from deferred taxes | 780 | €1,617 | €9,481 | +€7,864 | +486.3% |
| Income taxes | 67/77 | €3,503 | €33,222 | +€29,719 | +848.3% |
| Profit (loss) for the period | 9904 | €14,737 | €64,329 | +€49,591 | +336.5% |
| Transfer from tax-exempt reserves | 789 | €4,852 | €28,443 | +€23,591 | +486.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,589 | €92,771 | +€73,183 | +373.6% |
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.