TRANSLOT: 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.
TRANSLOT
Largest movements
- Receivables within one year -€26,493
down €26,493 (-29.1%), from €90,933 to €64,440
of which Trade receivables: -€30,508
- Tangible fixed assets +€12,764
up €12,764 (+4.9%), from €262,001 to €274,765
of which Furniture and vehicles: +€28,502
- Cash -€12,586
down €12,586 (-81.1%), from €15,513 to €2,926
mainly Investment in fixed assets (net) (-€46,000) and Net result for the year (-€19,114)
- Other debts +€19,678
up €19,678 (+30.9%), from €63,781 to €83,460
- Profit (loss) carried forward -€19,114
down €19,114 (-37.9%), from €50,396 to €31,282
- Tax, wage and social debts +€18,630
up €18,630 (+92.1%), from €20,221 to €38,851
of which Taxes: +€9,713
- Accrued charges and deferred income -€17,400
no longer reported in 2025 (was €17,400)
- Trade debts -€15,295
down €15,295 (-81.8%), from €18,699 to €3,404
- Depreciation -€6,572
down €6,572 (-16.5%), from €39,809 to €33,236
- Staff costs +€6,280
up €6,280 (+11.8%), from €53,259 to €59,539
- Financial charges +€5,659
up €5,659 (+76.3%), from €7,421 to €13,080
of which Non-recurring financial charges: +€4,543
- Taxes -€3,886
no longer reported in 2025 (was €3,886)
- Gross operating margin -€1,063
down €1,063 (-1.1%), from €93,449 to €92,386
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 | €485,627 | €461,431 | -€24,196 | -5.0% |
| Fixed assets | 21/28 | €353,752 | €366,515 | +€12,764 | +3.6% |
| Tangible fixed assets | 22/27 | €262,001 | €274,765 | +€12,764 | +4.9% |
| Land and buildings | 22 | €212,610 | €206,817 | -€5,793 | -2.7% |
| Plant, machinery and equipment | 23 | €10,771 | €6,766 | -€4,005 | -37.2% |
| Furniture and vehicles | 24 | €32,679 | €61,182 | +€28,502 | +87.2% |
| Leasing and similar rights | 25 | €5,940 | €0 | -€5,940 | -100% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €91,751 | €91,751 | = | 0.0% |
| Current assets | 29/58 | €131,876 | €94,916 | -€36,960 | -28.0% |
| Amounts receivable within one year | 40/41 | €90,933 | €64,440 | -€26,493 | -29.1% |
| Trade receivables | 40 | €90,867 | €60,359 | -€30,508 | -33.6% |
| Other amounts receivable | 41 | €66 | €4,081 | +€4,015 | +6,082% |
| Current investments | 50/53 | €23,370 | €23,370 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,513 | €2,926 | -€12,586 | -81.1% |
| Deferred charges and accrued income | 490/1 | €2,060 | €4,179 | +€2,119 | +103% |
| Total equity and liabilities | 10/49 | €485,627 | €461,431 | -€24,196 | -5.0% |
| Equity | 10/15 | €354,830 | €335,716 | -€19,114 | -5.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €285,842 | €285,842 | = | 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% |
| Tax-exempt reserves | 132 | €74,627 | €74,627 | = | 0.0% |
| Distributable reserves | 133 | €209,356 | €209,356 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,396 | €31,282 | -€19,114 | -37.9% |
| Amounts payable | 17/49 | €130,797 | €125,715 | -€5,082 | -3.9% |
| Amounts payable within one year | 42/48 | €113,397 | €125,715 | +€12,318 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €10,696 | - | -€10,696 | |
| Trade debts | 44 | €18,699 | €3,404 | -€15,295 | -81.8% |
| Suppliers | 440/4 | €18,699 | €3,404 | -€15,295 | -81.8% |
| Taxes, remuneration and social security | 45 | €20,221 | €38,851 | +€18,630 | +92.1% |
| Taxes | 450/3 | €9,092 | €18,805 | +€9,713 | +107% |
| Remuneration and social security | 454/9 | €11,129 | €20,046 | +€8,918 | +80.1% |
| Other amounts payable | 47/48 | €63,781 | €83,460 | +€19,678 | +30.9% |
| Accrued charges and deferred income | 492/3 | €17,400 | - | -€17,400 | |
| Non-recurring operating income | 76A | €16,000 | - | -€16,000 | |
| Remuneration, social security and pensions | 62 | €53,259 | €59,539 | +€6,280 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,809 | €33,236 | -€6,572 | -16.5% |
| Other operating charges | 640/8 | €6,638 | €5,867 | -€771 | -11.6% |
| Gross operating margin | 9900 | €93,449 | €92,386 | -€1,063 | -1.1% |
| Operating profit (loss) | 9901 | -€6,257 | -€6,257 | +€0 | 0.0% |
| Financial income | 75/76B | €54 | €222 | +€169 | +313% |
| Recurring financial income | 75 | €54 | €222 | +€169 | +313% |
| Financial charges | 65/66B | €7,421 | €13,080 | +€5,659 | +76.3% |
| Recurring financial charges | 65 | €7,421 | €8,537 | +€1,117 | +15.0% |
| Non-recurring financial charges | 66B | - | €4,543 | +€4,543 | |
| Profit (loss) for the period before taxes | 9903 | -€13,624 | -€19,114 | -€5,491 | -40.3% |
| Income taxes | 67/77 | €3,886 | - | -€3,886 | |
| Profit (loss) for the period | 9904 | -€17,509 | -€19,114 | -€1,605 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,509 | -€19,114 | -€1,605 | -9.2% |
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 14 October 2026 via checked.be.