TRANSLIN: 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.
TRANSLIN
Largest movements
- Cash -€74,558
down €74,558 (-65.9%), from €113,130 to €38,572
mainly Contributions, distributions and other (-€67,645) and Debts after one year (-€8,791)
- Tangible fixed assets -€16,741
down €16,741 (-46.0%), from €36,364 to €19,623
of which Leasing and similar rights: -€12,784
- Receivables within one year +€6,197
up €6,197 (+30.4%), from €20,353 to €26,549
of which Other amounts receivable: +€15,048
- Reserves -€67,645
down €67,645 (-100.0%), from €67,645 to €0
- Debts after one year -€8,791
down €8,791 (-72.7%), from €12,085 to €3,294
of which Financial debts: -€8,791
- Tax, wage and social debts -€5,011
down €5,011 (-100.0%), from €5,011 to €0
- Profit (loss) carried forward -€4,343
down €4,343, from €0 to -€4,343
- Gross operating margin -€24,666
down €24,666 (-64.6%), from €38,197 to €13,531
- Taxes -€1,218
down €1,218 (-100.0%), from €1,218 to €0
- Depreciation +€416
up €416 (+2.5%), from €16,325 to €16,741
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 | €173,299 | €86,773 | -€86,525 | -49.9% |
| Fixed assets | 21/28 | €36,364 | €19,623 | -€16,741 | -46.0% |
| Tangible fixed assets | 22/27 | €36,364 | €19,623 | -€16,741 | -46.0% |
| Plant, machinery and equipment | 23 | €3,370 | €1,893 | -€1,477 | -43.8% |
| Furniture and vehicles | 24 | €5,850 | €3,370 | -€2,480 | -42.4% |
| Leasing and similar rights | 25 | €27,144 | €14,360 | -€12,784 | -47.1% |
| Current assets | 29/58 | €136,935 | €67,150 | -€69,784 | -51.0% |
| Amounts receivable within one year | 40/41 | €20,353 | €26,549 | +€6,197 | +30.4% |
| Trade receivables | 40 | €8,851 | €0 | -€8,851 | -100.0% |
| Other amounts receivable | 41 | €11,501 | €26,549 | +€15,048 | +130.8% |
| Cash at bank and in hand | 54/58 | €113,130 | €38,572 | -€74,558 | -65.9% |
| Deferred charges and accrued income | 490/1 | €3,452 | €2,029 | -€1,423 | -41.2% |
| Total equity and liabilities | 10/49 | €173,299 | €86,773 | -€86,525 | -49.9% |
| Equity | 10/15 | €87,645 | €15,657 | -€71,988 | -82.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €67,645 | €0 | -€67,645 | -100.0% |
| Distributable reserves | 133 | €67,645 | €0 | -€67,645 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | -€4,343 | -€4,343 | |
| Amounts payable | 17/49 | €85,654 | €71,116 | -€14,538 | -17.0% |
| Amounts payable after more than one year | 17 | €12,085 | €3,294 | -€8,791 | -72.7% |
| Financial debts | 170/4 | €12,085 | €3,294 | -€8,791 | -72.7% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €73,569 | €67,822 | -€5,747 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €8,682 | €8,791 | +€109 | +1.2% |
| Trade debts | 44 | €1,052 | €1,533 | +€481 | +45.8% |
| Suppliers | 440/4 | €1,052 | €1,533 | +€481 | +45.8% |
| Taxes, remuneration and social security | 45 | €5,011 | €0 | -€5,011 | -100.0% |
| Taxes | 450/3 | €5,011 | €0 | -€5,011 | -100.0% |
| Other amounts payable | 47/48 | €58,824 | €57,498 | -€1,325 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,325 | €16,741 | +€416 | +2.5% |
| Other operating charges | 640/8 | €1,501 | €1,216 | -€285 | -19.0% |
| Non-recurring operating charges | 66A | €15,317 | €0 | -€15,317 | -100.0% |
| Gross operating margin | 9900 | €38,197 | €13,531 | -€24,666 | -64.6% |
| Operating profit (loss) | 9901 | €5,054 | -€4,426 | -€9,480 | |
| Financial income | 75/76B | €424 | €548 | +€124 | +29.3% |
| Recurring financial income | 75 | €424 | €548 | +€124 | +29.3% |
| Financial charges | 65/66B | €653 | €465 | -€188 | -28.8% |
| Recurring financial charges | 65 | €653 | €465 | -€188 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €4,825 | -€4,343 | -€9,168 | |
| Income taxes | 67/77 | €1,218 | €0 | -€1,218 | -100.0% |
| Profit (loss) for the period | 9904 | €3,608 | -€4,343 | -€7,951 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,608 | -€4,343 | -€7,951 |
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 11 October 2026 via checked.be.