TRANSLIRO: 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.
TRANSLIRO
Largest movements
- Cash +€89,370
up €89,370 (+18.9%), from €473,419 to €562,789
mainly Net result for the year (+€55,276) and Other debts (+€52,832)
- Tangible fixed assets -€29,675
down €29,675 (-31.3%), from €94,955 to €65,280
of which Furniture and vehicles: -€29,141
- Other debts +€52,832
up €52,832 (+87.4%), from €60,465 to €113,296
- Reserves +€7,976
up €7,976 (+1.6%), from €490,955 to €498,931
of which Distributable reserves: +€7,976
- Gross operating margin -€13,154
down €13,154 (-9.9%), from €132,507 to €119,353
- Depreciation +€5,031
up €5,031 (+20.4%), from €24,643 to €29,675
- Financial charges +€2,317
up €2,317 (+60.4%), from €3,838 to €6,155
- Financial income +€1,780
up €1,780 (+63.5%), from €2,802 to €4,582
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 | €584,492 | €640,013 | +€55,521 | +9.5% |
| Fixed assets | 21/28 | €95,310 | €65,635 | -€29,675 | -31.1% |
| Tangible fixed assets | 22/27 | €94,955 | €65,280 | -€29,675 | -31.3% |
| Plant, machinery and equipment | 23 | €1,283 | €749 | -€533 | -41.6% |
| Furniture and vehicles | 24 | €93,672 | €64,531 | -€29,141 | -31.1% |
| Financial fixed assets | 28 | €355 | €355 | = | 0.0% |
| Current assets | 29/58 | €489,182 | €574,377 | +€85,195 | +17.4% |
| Amounts receivable within one year | 40/41 | €14,413 | €11,588 | -€2,825 | -19.6% |
| Trade receivables | 40 | €8,867 | €8,318 | -€549 | -6.2% |
| Other amounts receivable | 41 | €5,546 | €3,270 | -€2,276 | -41.0% |
| Cash at bank and in hand | 54/58 | €473,419 | €562,789 | +€89,370 | +18.9% |
| Deferred charges and accrued income | 490/1 | €1,350 | - | -€1,350 | |
| Total equity and liabilities | 10/49 | €584,492 | €640,013 | +€55,521 | +9.5% |
| Equity | 10/15 | €509,555 | €517,531 | +€7,976 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €490,955 | €498,931 | +€7,976 | +1.6% |
| Tax-exempt reserves | 132 | €37,000 | €37,000 | = | 0.0% |
| Distributable reserves | 133 | €453,955 | €461,931 | +€7,976 | +1.8% |
| Amounts payable | 17/49 | €74,937 | €122,481 | +€47,545 | +63.4% |
| Amounts payable within one year | 42/48 | €71,350 | €122,481 | +€51,132 | +71.7% |
| Trade debts | 44 | €7,201 | €7,285 | +€84 | +1.2% |
| Suppliers | 440/4 | €7,201 | €7,285 | +€84 | +1.2% |
| Taxes, remuneration and social security | 45 | €3,684 | €1,900 | -€1,784 | -48.4% |
| Taxes | 450/3 | €3,684 | €1,900 | -€1,784 | -48.4% |
| Other amounts payable | 47/48 | €60,465 | €113,296 | +€52,832 | +87.4% |
| Accrued charges and deferred income | 492/3 | €3,587 | - | -€3,587 | |
| Non-recurring operating income | 76A | €15,000 | - | -€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,643 | €29,675 | +€5,031 | +20.4% |
| Other operating charges | 640/8 | €10,760 | €11,361 | +€601 | +5.6% |
| Gross operating margin | 9900 | €132,507 | €119,353 | -€13,154 | -9.9% |
| Operating profit (loss) | 9901 | €97,104 | €78,317 | -€18,787 | -19.3% |
| Financial income | 75/76B | €2,802 | €4,582 | +€1,780 | +63.5% |
| Recurring financial income | 75 | €2,802 | €4,582 | +€1,780 | +63.5% |
| Financial charges | 65/66B | €3,838 | €6,155 | +€2,317 | +60.4% |
| Recurring financial charges | 65 | €3,838 | €6,155 | +€2,317 | +60.4% |
| Profit (loss) for the period before taxes | 9903 | €96,068 | €76,744 | -€19,324 | -20.1% |
| Income taxes | 67/77 | €22,690 | €21,467 | -€1,222 | -5.4% |
| Profit (loss) for the period | 9904 | €73,378 | €55,276 | -€18,102 | -24.7% |
| Transfer to tax-exempt reserves | 689 | €15,000 | - | -€15,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,378 | €55,276 | -€3,102 | -5.3% |
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 6 October 2026 via checked.be.