TranscoRol: 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.
TranscoRol
Largest movements
- Tangible fixed assets -€39,358
down €39,358 (-20.2%), from €194,829 to €155,472
of which Leasing and similar rights: -€28,914
- Cash +€21,293
up €21,293 (+54.9%), from €38,802 to €60,094
mainly Depreciation (+€43,700) and Net result for the year (+€27,945)
- Receivables within one year +€4,742
up €4,742 (+7.2%), from €65,822 to €70,563
of which Trade receivables: +€5,533
- Debts after one year -€28,209
down €28,209 (-21.7%), from €130,090 to €101,881
- Reserves +€27,945
up €27,945 (+33.9%), from €82,441 to €110,386
- Trade debts -€9,906
down €9,906 (-53.2%), from €18,633 to €8,727
- Current portion of long-term debt -€4,611
down €4,611 (-14.0%), from €32,820 to €28,209
- Gross operating margin +€48,063
up €48,063 (+49.6%), from €96,907 to €144,970
- Depreciation +€14,332
up €14,332 (+48.8%), from €29,368 to €43,700
- Taxes +€9,334
up €9,334 (+416%), from €2,244 to €11,578
- Other operating charges +€7,088
up €7,088 (+253%), from €2,806 to €9,894
- Staff costs +€6,580
up €6,580 (+17.5%), from €37,704 to €44,284
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 | €301,749 | €288,445 | -€13,304 | -4.4% |
| Fixed assets | 21/28 | €195,099 | €155,742 | -€39,358 | -20.2% |
| Tangible fixed assets | 22/27 | €194,829 | €155,472 | -€39,358 | -20.2% |
| Plant, machinery and equipment | 23 | €33,396 | €21,819 | -€11,577 | -34.7% |
| Furniture and vehicles | 24 | €4,704 | €5,838 | +€1,133 | +24.1% |
| Leasing and similar rights | 25 | €156,729 | €127,816 | -€28,914 | -18.4% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €106,650 | €132,703 | +€26,054 | +24.4% |
| Amounts receivable within one year | 40/41 | €65,822 | €70,563 | +€4,742 | +7.2% |
| Trade receivables | 40 | €55,869 | €61,402 | +€5,533 | +9.9% |
| Other amounts receivable | 41 | €9,953 | €9,161 | -€792 | -8.0% |
| Cash at bank and in hand | 54/58 | €38,802 | €60,094 | +€21,293 | +54.9% |
| Deferred charges and accrued income | 490/1 | €2,026 | €2,045 | +€20 | +1.0% |
| Total equity and liabilities | 10/49 | €301,749 | €288,445 | -€13,304 | -4.4% |
| Equity | 10/15 | €101,041 | €128,986 | +€27,945 | +27.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,441 | €110,386 | +€27,945 | +33.9% |
| Distributable reserves | 133 | €82,441 | €110,386 | +€27,945 | +33.9% |
| Amounts payable | 17/49 | €200,708 | €159,459 | -€41,249 | -20.6% |
| Amounts payable after more than one year | 17 | €130,090 | €101,881 | -€28,209 | -21.7% |
| Financial debts | 170/4 | €130,090 | €101,881 | -€28,209 | -21.7% |
| Amounts payable within one year | 42/48 | €70,467 | €57,442 | -€13,024 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €32,820 | €28,209 | -€4,611 | -14.0% |
| Trade debts | 44 | €18,633 | €8,727 | -€9,906 | -53.2% |
| Suppliers | 440/4 | €18,633 | €8,727 | -€9,906 | -53.2% |
| Taxes, remuneration and social security | 45 | €9,618 | €10,980 | +€1,363 | +14.2% |
| Taxes | 450/3 | €2,649 | €1,753 | -€896 | -33.8% |
| Remuneration and social security | 454/9 | €6,969 | €9,227 | +€2,258 | +32.4% |
| Other amounts payable | 47/48 | €9,396 | €9,526 | +€130 | +1.4% |
| Accrued charges and deferred income | 492/3 | €152 | €136 | -€16 | -10.5% |
| Remuneration, social security and pensions | 62 | €37,704 | €44,284 | +€6,580 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,368 | €43,700 | +€14,332 | +48.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,380 | €950 | -€430 | -31.2% |
| Other operating charges | 640/8 | €2,806 | €9,894 | +€7,088 | +253% |
| Gross operating margin | 9900 | €96,907 | €144,970 | +€48,063 | +49.6% |
| Operating profit (loss) | 9901 | €25,649 | €46,142 | +€20,494 | +79.9% |
| Financial income | 75/76B | €1,403 | €184 | -€1,219 | -86.9% |
| Recurring financial income | 75 | €1,403 | €184 | -€1,219 | -86.9% |
| Financial charges | 65/66B | €5,120 | €6,803 | +€1,683 | +32.9% |
| Recurring financial charges | 65 | €5,120 | €6,803 | +€1,683 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | €21,932 | €39,523 | +€17,592 | +80.2% |
| Income taxes | 67/77 | €2,244 | €11,578 | +€9,334 | +416% |
| Profit (loss) for the period | 9904 | €19,688 | €27,945 | +€8,257 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,688 | €27,945 | +€8,257 | +41.9% |
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 15 October 2026 via checked.be.