TRANSL-8: 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.
TRANSL-8
Largest movements
- Receivables within one year -€2,581
down €2,581 (-40.3%), from €6,403 to €3,822
- Current investments +€2,308
up €2,308 (+20.5%), from €11,250 to €13,558
- Deferred charges and accrued income -€473
down €473 (-22.1%), from €2,139 to €1,666
- Cash -€266
down €266 (-31.6%), from €841 to €575
mainly Net result for the year (-€2,784) and Current investments (-€2,308)
- Profit (loss) carried forward -€2,784
down €2,784 (-46.6%), from -€5,970 to -€8,754
- Trade debts +€1,263
up €1,263 (+171.1%), from €738 to €2,001
- Other debts +€479
new in 2026: €479
- Taxes +€1,343
up €1,343, from -€1,343 to €0
- Gross operating margin -€466
down €466 (-25.3%), from -€1,845 to -€2,311
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,723 | €19,681 | -€1,042 | -5.0% |
| Fixed assets | 21/28 | €90 | €60 | -€30 | -33.3% |
| Tangible fixed assets | 22/27 | €90 | €60 | -€30 | -33.3% |
| Other tangible fixed assets | 26 | €90 | €60 | -€30 | -33.3% |
| Current assets | 29/58 | €20,633 | €19,621 | -€1,012 | -4.9% |
| Amounts receivable within one year | 40/41 | €6,403 | €3,822 | -€2,581 | -40.3% |
| Trade receivables | 40 | €6,403 | €3,822 | -€2,581 | -40.3% |
| Current investments | 50/53 | €11,250 | €13,558 | +€2,308 | +20.5% |
| Cash at bank and in hand | 54/58 | €841 | €575 | -€266 | -31.6% |
| Deferred charges and accrued income | 490/1 | €2,139 | €1,666 | -€473 | -22.1% |
| Total equity and liabilities | 10/49 | €20,723 | €19,681 | -€1,042 | -5.0% |
| Equity | 10/15 | €19,985 | €17,201 | -€2,784 | -13.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,755 | €19,755 | = | 0.0% |
| 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 | €17,895 | €17,895 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,970 | -€8,754 | -€2,784 | -46.6% |
| Amounts payable | 17/49 | €738 | €2,480 | +€1,742 | +236.0% |
| Amounts payable within one year | 42/48 | €738 | €2,480 | +€1,742 | +236.0% |
| Trade debts | 44 | €738 | €2,001 | +€1,263 | +171.1% |
| Suppliers | 440/4 | €738 | €2,001 | +€1,263 | +171.1% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €479 | +€479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30 | €30 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €400 | +€16 | +4.1% |
| Gross operating margin | 9900 | -€1,845 | -€2,311 | -€466 | -25.3% |
| Operating profit (loss) | 9901 | -€2,259 | -€2,741 | -€482 | -21.3% |
| Financial charges | 65/66B | €41 | €43 | +€2 | +5.0% |
| Recurring financial charges | 65 | €41 | €43 | +€2 | +5.0% |
| Non-recurring financial charges | 66B | €41 | €43 | +€2 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,300 | -€2,784 | -€484 | -21.0% |
| Income taxes | 67/77 | -€1,343 | €0 | +€1,343 | |
| Profit (loss) for the period | 9904 | -€957 | -€2,784 | -€1,827 | -190.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€957 | -€2,784 | -€1,827 | -190.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.