TRANSLO: 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.
TRANSLO
Largest movements
- Receivables within one year +€110,180
up €110,180 (+184.1%), from €59,843 to €170,023
of which Trade receivables: +€114,596
- Tangible fixed assets +€20,076
up €20,076 (+1699.7%), from €1,181 to €21,258
of which Furniture and vehicles: +€20,481
- Cash -€14,756
down €14,756 (-60.8%), from €24,287 to €9,532
mainly Receivables within one year (-€110,180) and Investment in fixed assets (net) (-€29,695)
- Stocks and contracts -€9,953
no longer reported in 2024 (was €9,953)
- Trade debts +€70,932
up €70,932 (+5845.2%), from €1,214 to €72,146
- Tax, wage and social debts +€21,896
up €21,896 (+179.0%), from €12,233 to €34,129
of which Taxes: +€18,241
- Debts after one year +€16,847
new in 2024: €16,847
- Profit (loss) carried forward -€10,491
down €10,491 (-32.2%), from -€32,616 to -€43,107
- Current portion of long-term debt +€6,365
up €6,365 (+259.4%), from €2,454 to €8,819
- Gross operating margin +€22,952
up €22,952 (+28.5%), from €80,448 to €103,400
- Depreciation +€5,099
up €5,099 (+112.8%), from €4,520 to €9,619
- Financial charges +€2,019
up €2,019 (+113.5%), from €1,779 to €3,798
- Other operating charges +€1,870
up €1,870 (+57.1%), from €3,277 to €5,148
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,975 | €201,523 | +€105,549 | +110.0% |
| Fixed assets | 21/28 | €1,501 | €21,578 | +€20,076 | +1337.4% |
| Tangible fixed assets | 22/27 | €1,181 | €21,258 | +€20,076 | +1699.7% |
| Plant, machinery and equipment | 23 | €810 | €405 | -€405 | -50.0% |
| Furniture and vehicles | 24 | €371 | €20,853 | +€20,481 | +5519.0% |
| Financial fixed assets | 28 | €320 | €320 | = | 0.0% |
| Current assets | 29/58 | €94,473 | €179,946 | +€85,472 | +90.5% |
| Stocks and contracts in progress | 3 | €9,953 | - | -€9,953 | |
| Stocks | 30/36 | €9,953 | - | -€9,953 | |
| Amounts receivable within one year | 40/41 | €59,843 | €170,023 | +€110,180 | +184.1% |
| Trade receivables | 40 | €55,427 | €170,023 | +€114,596 | +206.8% |
| Other amounts receivable | 41 | €4,416 | - | -€4,416 | |
| Cash at bank and in hand | 54/58 | €24,287 | €9,532 | -€14,756 | -60.8% |
| Deferred charges and accrued income | 490/1 | €390 | €390 | = | 0.0% |
| Total equity and liabilities | 10/49 | €95,975 | €201,523 | +€105,549 | +110.0% |
| Equity | 10/15 | -€12,164 | -€22,656 | -€10,491 | -86.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,616 | -€43,107 | -€10,491 | -32.2% |
| Amounts payable | 17/49 | €108,139 | €224,179 | +€116,040 | +107.3% |
| Amounts payable after more than one year | 17 | - | €16,847 | +€16,847 | |
| Financial debts | 170/4 | - | €16,847 | +€16,847 | |
| Amounts payable within one year | 42/48 | €108,110 | €207,303 | +€99,193 | +91.8% |
| Current portion of amounts payable after more than one year | 42 | €2,454 | €8,819 | +€6,365 | +259.4% |
| Trade debts | 44 | €1,214 | €72,146 | +€70,932 | +5845.2% |
| Suppliers | 440/4 | €1,214 | €72,146 | +€70,932 | +5845.2% |
| Taxes, remuneration and social security | 45 | €12,233 | €34,129 | +€21,896 | +179.0% |
| Taxes | 450/3 | €1,167 | €19,408 | +€18,241 | +1563.4% |
| Remuneration and social security | 454/9 | €11,066 | €14,721 | +€3,655 | +33.0% |
| Other amounts payable | 47/48 | €92,210 | €92,210 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €29 | €29 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €94,308 | €95,326 | +€1,018 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,520 | €9,619 | +€5,099 | +112.8% |
| Other operating charges | 640/8 | €3,277 | €5,148 | +€1,870 | +57.1% |
| Gross operating margin | 9900 | €80,448 | €103,400 | +€22,952 | +28.5% |
| Operating profit (loss) | 9901 | -€21,658 | -€6,693 | +€14,965 | +69.1% |
| Financial charges | 65/66B | €1,779 | €3,798 | +€2,019 | +113.5% |
| Recurring financial charges | 65 | €1,779 | €3,798 | +€2,019 | +113.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,437 | -€10,491 | +€12,946 | +55.2% |
| Profit (loss) for the period | 9904 | -€23,437 | -€10,491 | +€12,946 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,437 | -€10,491 | +€12,946 | +55.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.