TRANSLIGHT: 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.
TRANSLIGHT
Largest movements
- Tangible fixed assets -€63,170
down €63,170 (-25.2%), from €250,633 to €187,463
of which Furniture and vehicles: -€61,626
- Cash -€7,237
no longer reported in 2025 (was €7,237)
mainly Debts after one year (-€137,720) and Net result for the year (-€10,328)
- Deferred charges and accrued income -€2,654
no longer reported in 2025 (was €2,654)
- Debts after one year -€137,720
no longer reported in 2025 (was €137,720)
- Other debts +€84,058
new in 2025: €84,058
- Profit (loss) carried forward -€10,328
down €10,328 (-53.2%), from -€19,404 to -€29,732
- Tax, wage and social debts -€5,282
down €5,282 (-97.0%), from €5,443 to €161
- Trade debts -€3,789
down €3,789 (-75.4%), from €5,026 to €1,237
- Depreciation -€19,715
down €19,715 (-92.7%), from €21,258 to €1,543
- Gross operating margin -€17,533
down €17,533 (-51.0%), from €34,375 to €16,842
- Other operating charges -€11,329
down €11,329 (-59.9%), from €18,909 to €7,580
- Financial charges -€4,965
down €4,965 (-47.6%), from €10,421 to €5,456
- Taxes -€402
down €402 (-69.8%), from €576 to €174
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 | €260,524 | €187,463 | -€73,061 | -28.0% |
| Fixed assets | 21/28 | €250,633 | €187,463 | -€63,170 | -25.2% |
| Tangible fixed assets | 22/27 | €250,633 | €187,463 | -€63,170 | -25.2% |
| Land and buildings | 22 | €189,007 | €187,463 | -€1,544 | -0.8% |
| Furniture and vehicles | 24 | €61,626 | - | -€61,626 | |
| Current assets | 29/58 | €9,891 | - | -€9,891 | |
| Cash at bank and in hand | 54/58 | €7,237 | - | -€7,237 | |
| Deferred charges and accrued income | 490/1 | €2,654 | - | -€2,654 | |
| Total equity and liabilities | 10/49 | €260,524 | €187,463 | -€73,061 | -28.0% |
| Equity | 10/15 | €112,334 | €102,007 | -€10,327 | -9.2% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Reserves | 13 | €113,147 | €113,147 | +€0 | 0.0% |
| Distributable reserves | 133 | €113,147 | €113,147 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€19,404 | -€29,732 | -€10,328 | -53.2% |
| Amounts payable | 17/49 | €148,189 | €85,456 | -€62,733 | -42.3% |
| Amounts payable after more than one year | 17 | €137,720 | - | -€137,720 | |
| Other amounts payable | 178/9 | €137,720 | - | -€137,720 | |
| Amounts payable within one year | 42/48 | €10,469 | €85,456 | +€74,987 | +716% |
| Trade debts | 44 | €5,026 | €1,237 | -€3,789 | -75.4% |
| Suppliers | 440/4 | €5,026 | €1,237 | -€3,789 | -75.4% |
| Taxes, remuneration and social security | 45 | €5,443 | €161 | -€5,282 | -97.0% |
| Taxes | 450/3 | €5,443 | €161 | -€5,282 | -97.0% |
| Other amounts payable | 47/48 | - | €84,058 | +€84,058 | |
| Non-recurring operating income | 76A | €112,162 | €5,874 | -€106,288 | -94.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,258 | €1,543 | -€19,715 | -92.7% |
| Other operating charges | 640/8 | €18,909 | €7,580 | -€11,329 | -59.9% |
| Non-recurring operating charges | 66A | - | €12,417 | +€12,417 | |
| Gross operating margin | 9900 | €34,375 | €16,842 | -€17,533 | -51.0% |
| Operating profit (loss) | 9901 | -€5,792 | -€4,698 | +€1,094 | +18.9% |
| Financial charges | 65/66B | €10,421 | €5,456 | -€4,965 | -47.6% |
| Recurring financial charges | 65 | €10,421 | €5,456 | -€4,965 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,213 | -€10,154 | +€6,059 | +37.4% |
| Income taxes | 67/77 | €576 | €174 | -€402 | -69.8% |
| Profit (loss) for the period | 9904 | -€16,788 | -€10,328 | +€6,460 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,788 | -€10,328 | +€6,460 | +38.5% |
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 16 October 2026 via checked.be.