TRANSGOB: 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.
TRANSGOB
Largest movements
- Receivables within one year -€15,863
down €15,863 (-18.4%), from €86,211 to €70,348
of which Trade receivables: -€11,956
- Tangible fixed assets -€12,577
down €12,577 (-40.1%), from €31,391 to €18,814
of which Furniture and vehicles: -€7,252
- Cash +€6,520
up €6,520 (+28.5%), from €22,873 to €29,393
mainly Receivables within one year (+€15,863) and Investment in fixed assets (net) (+€7,130)
- Deferred charges and accrued income -€2,300
no longer reported in 2025 (was €2,300)
- Trade debts -€14,002
down €14,002 (-84.4%), from €16,583 to €2,581
- Current portion of long-term debt -€8,162
down €8,162 (-73.9%), from €11,049 to €2,887
- Debts after one year -€2,876
down €2,876 (-44.7%), from €6,427 to €3,551
- Turnover -€68,352
down €68,352 (-54.0%), from €126,671 to €58,319
- Purchases and services -€54,555
down €54,555 (-54.4%), from €100,345 to €45,790
- Gross operating margin -€13,797
down €13,797 (-52.4%), from €26,326 to €12,529
- Other operating charges -€5,707
down €5,707 (-68.9%), from €8,279 to €2,572
- Taxes -€1,404
down €1,404 (-45.8%), from €3,065 to €1,661
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 | €142,775 | €118,555 | -€24,220 | -17.0% |
| Fixed assets | 21/28 | €31,391 | €18,814 | -€12,577 | -40.1% |
| Tangible fixed assets | 22/27 | €31,391 | €18,814 | -€12,577 | -40.1% |
| Land and buildings | 22 | €16,497 | €14,610 | -€1,887 | -11.4% |
| Plant, machinery and equipment | 23 | €235 | €112 | -€123 | -52.3% |
| Furniture and vehicles | 24 | €7,530 | €278 | -€7,252 | -96.3% |
| Leasing and similar rights | 25 | €7,129 | €3,814 | -€3,315 | -46.5% |
| Current assets | 29/58 | €111,384 | €99,741 | -€11,643 | -10.5% |
| Amounts receivable within one year | 40/41 | €86,211 | €70,348 | -€15,863 | -18.4% |
| Trade receivables | 40 | €13,181 | €1,225 | -€11,956 | -90.7% |
| Other amounts receivable | 41 | €73,030 | €69,123 | -€3,907 | -5.3% |
| Cash at bank and in hand | 54/58 | €22,873 | €29,393 | +€6,520 | +28.5% |
| Deferred charges and accrued income | 490/1 | €2,300 | - | -€2,300 | |
| Total equity and liabilities | 10/49 | €142,775 | €118,555 | -€24,220 | -17.0% |
| Equity | 10/15 | €103,282 | €104,302 | +€1,020 | +1.0% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Capital | 10 | €9,300 | €9,300 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €92,459 | €93,384 | +€925 | +1.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €64,599 | €56,524 | -€8,075 | -12.5% |
| Distributable reserves | 133 | €26,000 | €35,000 | +€9,000 | +34.6% |
| Profit (loss) carried forward | 14 | €1,523 | €1,618 | +€95 | +6.2% |
| Amounts payable | 17/49 | €39,493 | €14,253 | -€25,240 | -63.9% |
| Amounts payable after more than one year | 17 | €6,427 | €3,551 | -€2,876 | -44.7% |
| Financial debts | 170/4 | €6,427 | €3,551 | -€2,876 | -44.7% |
| Amounts payable within one year | 42/48 | €32,551 | €10,702 | -€21,849 | -67.1% |
| Current portion of amounts payable after more than one year | 42 | €11,049 | €2,887 | -€8,162 | -73.9% |
| Trade debts | 44 | €16,583 | €2,581 | -€14,002 | -84.4% |
| Suppliers | 440/4 | €16,583 | €2,581 | -€14,002 | -84.4% |
| Advances received on contracts in progress | 46 | €918 | - | -€918 | |
| Taxes, remuneration and social security | 45 | €4,001 | €5,234 | +€1,233 | +30.8% |
| Taxes | 450/3 | €4,001 | €5,234 | +€1,233 | +30.8% |
| Accrued charges and deferred income | 492/3 | €515 | - | -€515 | |
| Turnover | 70 | €126,671 | €58,319 | -€68,352 | -54.0% |
| Non-recurring operating income | 76A | - | €76 | +€76 | |
| Goods, raw materials, services and sundry goods | 60/61 | €100,345 | €45,790 | -€54,555 | -54.4% |
| Remuneration, social security and pensions | 62 | €591 | €399 | -€192 | -32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,516 | €5,447 | -€1,069 | -16.4% |
| Other operating charges | 640/8 | €8,279 | €2,572 | -€5,707 | -68.9% |
| Non-recurring operating charges | 66A | €4,054 | €580 | -€3,474 | -85.7% |
| Gross operating margin | 9900 | €26,326 | €12,529 | -€13,797 | -52.4% |
| Operating profit (loss) | 9901 | €6,886 | €3,531 | -€3,355 | -48.7% |
| Financial charges | 65/66B | €1,387 | €849 | -€538 | -38.8% |
| Recurring financial charges | 65 | €1,387 | €849 | -€538 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €5,499 | €2,682 | -€2,817 | -51.2% |
| Income taxes | 67/77 | €3,065 | €1,661 | -€1,404 | -45.8% |
| Profit (loss) for the period | 9904 | €2,434 | €1,021 | -€1,413 | -58.1% |
| Transfer from tax-exempt reserves | 789 | €8,075 | €8,074 | -€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,509 | €9,095 | -€1,414 | -13.5% |
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 30 September 2026 via checked.be.