Transloverde: 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.
Transloverde
Largest movements
- Tangible fixed assets -€14,190
down €14,190 (-59.7%), from €23,786 to €9,596
of which Furniture and vehicles: -€13,170
- Deferred charges and accrued income +€11,621
up €11,621 (+785.9%), from €1,479 to €13,100
- Cash +€4,132
up €4,132 (+487.8%), from €847 to €4,979
mainly Depreciation (+€14,190) and Net result for the year (+€8,454)
- Receivables within one year +€1,147
up €1,147 (+1.5%), from €74,685 to €75,833
of which Other amounts receivable: +€3,530
- Current portion of long-term debt -€13,593
no longer reported in 2025 (was €13,593)
- Profit (loss) carried forward +€8,454
up €8,454 (+9.9%), from -€85,629 to -€77,175
- Trade debts +€8,432
up €8,432 (+50.0%), from €16,850 to €25,283
- Tax, wage and social debts +€2,476
up €2,476 (+33.0%), from €7,497 to €9,973
of which Remuneration and social security: +€1,969
- Short-term financial debts -€2,476
no longer reported in 2025 (was €2,476)
- Gross operating margin +€41,183
up €41,183 (+37.8%), from €109,060 to €150,243
- Depreciation -€16,650
down €16,650 (-54.0%), from €30,840 to €14,190
- Other operating charges +€4,588
up €4,588 (+11.9%), from €38,435 to €43,023
- Staff costs +€4,440
up €4,440 (+5.8%), from €76,722 to €81,162
- Financial income -€2,404
down €2,404 (-99.6%), from €2,413 to €9
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 | €102,046 | €104,757 | +€2,710 | +2.7% |
| Fixed assets | 21/28 | €25,036 | €10,846 | -€14,190 | -56.7% |
| Tangible fixed assets | 22/27 | €23,786 | €9,596 | -€14,190 | -59.7% |
| Plant, machinery and equipment | 23 | €10,616 | €9,596 | -€1,020 | -9.6% |
| Furniture and vehicles | 24 | €13,170 | - | -€13,170 | |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €77,011 | €93,911 | +€16,900 | +21.9% |
| Amounts receivable within one year | 40/41 | €74,685 | €75,833 | +€1,147 | +1.5% |
| Trade receivables | 40 | €30,233 | €27,851 | -€2,382 | -7.9% |
| Other amounts receivable | 41 | €44,452 | €47,981 | +€3,530 | +7.9% |
| Cash at bank and in hand | 54/58 | €847 | €4,979 | +€4,132 | +487.8% |
| Deferred charges and accrued income | 490/1 | €1,479 | €13,100 | +€11,621 | +785.9% |
| Total equity and liabilities | 10/49 | €102,046 | €104,757 | +€2,710 | +2.7% |
| Equity | 10/15 | €61,047 | €69,501 | +€8,454 | +13.8% |
| Contributions | 10/11 | €51,523 | €51,523 | = | 0.0% |
| Reserves | 13 | €95,152 | €95,152 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,152 | €5,152 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,152 | €5,152 | = | 0.0% |
| Distributable reserves | 133 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,629 | -€77,175 | +€8,454 | +9.9% |
| Amounts payable | 17/49 | €40,999 | €35,256 | -€5,743 | -14.0% |
| Amounts payable within one year | 42/48 | €40,999 | €35,256 | -€5,743 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €13,593 | - | -€13,593 | |
| Financial debts | 43 | €2,476 | - | -€2,476 | |
| Credit institutions | 430/8 | €2,476 | - | -€2,476 | |
| Trade debts | 44 | €16,850 | €25,283 | +€8,432 | +50.0% |
| Suppliers | 440/4 | €16,850 | €25,283 | +€8,432 | +50.0% |
| Taxes, remuneration and social security | 45 | €7,497 | €9,973 | +€2,476 | +33.0% |
| Taxes | 450/3 | €957 | €1,465 | +€507 | +53.0% |
| Remuneration and social security | 454/9 | €6,540 | €8,509 | +€1,969 | +30.1% |
| Other amounts payable | 47/48 | €583 | - | -€583 | |
| Remuneration, social security and pensions | 62 | €76,722 | €81,162 | +€4,440 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,840 | €14,190 | -€16,650 | -54.0% |
| Other operating charges | 640/8 | €38,435 | €43,023 | +€4,588 | +11.9% |
| Non-recurring operating charges | 66A | €505 | €1,426 | +€920 | +182.1% |
| Gross operating margin | 9900 | €109,060 | €150,243 | +€41,183 | +37.8% |
| Operating profit (loss) | 9901 | -€37,442 | €10,443 | +€47,884 | |
| Financial income | 75/76B | €2,413 | €9 | -€2,404 | -99.6% |
| Recurring financial income | 75 | €2,413 | €9 | -€2,404 | -99.6% |
| Financial charges | 65/66B | €3,912 | €1,838 | -€2,074 | -53.0% |
| Recurring financial charges | 65 | €3,912 | €1,838 | -€2,074 | -53.0% |
| Profit (loss) for the period before taxes | 9903 | -€38,941 | €8,613 | +€47,554 | |
| Income taxes | 67/77 | €166 | €160 | -€6 | -3.8% |
| Profit (loss) for the period | 9904 | -€39,107 | €8,454 | +€47,560 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,107 | €8,454 | +€47,560 |
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 5 October 2026 via checked.be.