TRANSINITY: 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.
TRANSINITY
Largest movements
- Tangible fixed assets +€258,232
up €258,232 (+251.7%), from €102,593 to €360,825
of which Leasing and similar rights: +€206,950
- Cash +€62,287
up €62,287 (+123.1%), from €50,598 to €112,885
mainly Depreciation (+€108,300) and Debts after one year (+€89,796)
- Debts after one year +€89,796
new in 2025: €89,796
- Trade debts +€76,196
up €76,196 (+57.9%), from €131,529 to €207,725
- Profit (loss) carried forward +€73,811
up €73,811 (+78.0%), from €94,666 to €168,477
- Current portion of long-term debt +€69,279
new in 2025: €69,279
- Tax, wage and social debts +€13,480
up €13,480 (+21.9%), from €61,521 to €75,001
of which Remuneration and social security: +€19,238
- Gross operating margin +€205,952
up €205,952 (+40.3%), from €510,485 to €716,437
- Staff costs +€91,053
up €91,053 (+26.9%), from €338,873 to €429,925
- Financial charges +€19,815
up €19,815 (+1259.3%), from €1,574 to €21,389
of which Non-recurring financial charges: +€14,660
- Depreciation +€13,973
up €13,973 (+14.8%), from €94,327 to €108,300
- Taxes +€13,540
up €13,540 (+196.2%), from €6,900 to €20,440
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 | €453,496 | €776,058 | +€322,562 | +71.1% |
| Fixed assets | 21/28 | €103,538 | €361,905 | +€258,367 | +249.5% |
| Tangible fixed assets | 22/27 | €102,593 | €360,825 | +€258,232 | +251.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €102,593 | €141,126 | +€38,532 | +37.6% |
| Leasing and similar rights | 25 | €0 | €206,950 | +€206,950 | |
| Other tangible fixed assets | 26 | - | €12,750 | +€12,750 | |
| Financial fixed assets | 28 | €945 | €1,080 | +€135 | +14.3% |
| Current assets | 29/58 | €349,958 | €414,153 | +€64,195 | +18.3% |
| Amounts receivable within one year | 40/41 | €261,101 | €256,448 | -€4,654 | -1.8% |
| Trade receivables | 40 | €258,801 | €233,298 | -€25,504 | -9.9% |
| Other amounts receivable | 41 | €2,300 | €23,150 | +€20,850 | +906.5% |
| Cash at bank and in hand | 54/58 | €50,598 | €112,885 | +€62,287 | +123.1% |
| Deferred charges and accrued income | 490/1 | €38,258 | €44,820 | +€6,561 | +17.1% |
| Total equity and liabilities | 10/49 | €453,496 | €776,058 | +€322,562 | +71.1% |
| Equity | 10/15 | €208,483 | €282,294 | +€73,811 | +35.4% |
| Contributions | 10/11 | €113,600 | €113,600 | = | 0.0% |
| Reserves | 13 | €217 | €217 | = | 0.0% |
| Non-distributable reserves | 130/1 | €143 | €143 | = | 0.0% |
| Reserves not available under the articles | 1311 | €143 | €143 | = | 0.0% |
| Tax-exempt reserves | 132 | €74 | €74 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,666 | €168,477 | +€73,811 | +78.0% |
| Amounts payable | 17/49 | €245,013 | €493,764 | +€248,751 | +101.5% |
| Amounts payable after more than one year | 17 | - | €89,796 | +€89,796 | |
| Financial debts | 170/4 | - | €89,796 | +€89,796 | |
| Amounts payable within one year | 42/48 | €245,013 | €403,969 | +€158,955 | +64.9% |
| Current portion of amounts payable after more than one year | 42 | - | €69,279 | +€69,279 | |
| Trade debts | 44 | €131,529 | €207,725 | +€76,196 | +57.9% |
| Suppliers | 440/4 | €131,529 | €207,725 | +€76,196 | +57.9% |
| Taxes, remuneration and social security | 45 | €61,521 | €75,001 | +€13,480 | +21.9% |
| Taxes | 450/3 | €36,966 | €31,208 | -€5,758 | -15.6% |
| Remuneration and social security | 454/9 | €24,555 | €43,793 | +€19,238 | +78.3% |
| Other amounts payable | 47/48 | €51,963 | €51,963 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €338,873 | €429,925 | +€91,053 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,327 | €108,300 | +€13,973 | +14.8% |
| Other operating charges | 640/8 | €56,981 | €62,573 | +€5,592 | +9.8% |
| Gross operating margin | 9900 | €510,485 | €716,437 | +€205,952 | +40.3% |
| Operating profit (loss) | 9901 | €20,305 | €115,639 | +€95,335 | +469.5% |
| Financial charges | 65/66B | €1,574 | €21,389 | +€19,815 | +1259.3% |
| Recurring financial charges | 65 | €1,574 | €6,729 | +€5,155 | +327.6% |
| Non-recurring financial charges | 66B | - | €14,660 | +€14,660 | |
| Profit (loss) for the period before taxes | 9903 | €18,731 | €94,251 | +€75,520 | +403.2% |
| Income taxes | 67/77 | €6,900 | €20,440 | +€13,540 | +196.2% |
| Profit (loss) for the period | 9904 | €11,831 | €73,811 | +€61,979 | +523.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,831 | €73,811 | +€61,979 | +523.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.