Translw: 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.
Translw
Largest movements
- Cash +€28,590
up €28,590 (+40.5%), from €70,577 to €99,167
mainly Depreciation (+€29,654) and Net result for the year (+€16,872)
- Tangible fixed assets +€27,667
up €27,667 (+99.4%), from €27,823 to €55,490
- Receivables within one year +€9,332
up €9,332 (+149%), from €6,284 to €15,616
of which Trade receivables: +€12,372
- Deferred charges and accrued income -€3,204
no longer reported in 2025 (was €3,204)
- Reserves +€16,872
up €16,872 (+41.9%), from €40,312 to €57,184
of which Distributable reserves: +€16,872
- Debts after one year +€16,289
new in 2025: €16,289
- Other debts +€15,330
up €15,330 (+32.6%), from €47,088 to €62,418
- Current portion of long-term debt +€5,474
up €5,474 (+10,949%), from €50 to €5,524
- Tax, wage and social debts +€4,472
new in 2025: €4,472
- Gross operating margin +€41,039
up €41,039 (+438%), from €9,375 to €50,414
- Depreciation +€23,246
up €23,246 (+363%), from €6,408 to €29,654
- Taxes +€1,656
up €1,656 (+5,301%), from €31 to €1,687
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 | €108,038 | €170,423 | +€62,385 | +57.7% |
| Fixed assets | 21/28 | €27,973 | €55,640 | +€27,667 | +98.9% |
| Tangible fixed assets | 22/27 | €27,823 | €55,490 | +€27,667 | +99.4% |
| Furniture and vehicles | 24 | €27,823 | €55,490 | +€27,667 | +99.4% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €80,065 | €114,783 | +€34,718 | +43.4% |
| Amounts receivable within one year | 40/41 | €6,284 | €15,616 | +€9,332 | +149% |
| Trade receivables | 40 | €3,244 | €15,616 | +€12,372 | +381% |
| Other amounts receivable | 41 | €3,040 | - | -€3,040 | |
| Cash at bank and in hand | 54/58 | €70,577 | €99,167 | +€28,590 | +40.5% |
| Deferred charges and accrued income | 490/1 | €3,204 | - | -€3,204 | |
| Total equity and liabilities | 10/49 | €108,038 | €170,423 | +€62,385 | +57.7% |
| Equity | 10/15 | €52,712 | €69,584 | +€16,872 | +32.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €40,312 | €57,184 | +€16,872 | +41.9% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €37,312 | €54,184 | +€16,872 | +45.2% |
| Amounts payable | 17/49 | €55,326 | €100,839 | +€45,513 | +82.3% |
| Amounts payable after more than one year | 17 | - | €16,289 | +€16,289 | |
| Financial debts | 170/4 | - | €16,289 | +€16,289 | |
| Amounts payable within one year | 42/48 | €55,326 | €84,550 | +€29,224 | +52.8% |
| Current portion of amounts payable after more than one year | 42 | €50 | €5,524 | +€5,474 | +10,949% |
| Trade debts | 44 | €8,188 | €12,135 | +€3,946 | +48.2% |
| Suppliers | 440/4 | €8,188 | €12,135 | +€3,946 | +48.2% |
| Taxes, remuneration and social security | 45 | - | €4,472 | +€4,472 | |
| Taxes | 450/3 | - | €4,472 | +€4,472 | |
| Other amounts payable | 47/48 | €47,088 | €62,418 | +€15,330 | +32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,408 | €29,654 | +€23,246 | +363% |
| Other operating charges | 640/8 | €1,396 | €1,313 | -€84 | -6.0% |
| Non-recurring operating charges | 66A | €6,155 | - | -€6,155 | |
| Gross operating margin | 9900 | €9,375 | €50,414 | +€41,039 | +438% |
| Operating profit (loss) | 9901 | -€4,585 | €19,447 | +€24,032 | |
| Financial income | 75/76B | €406 | €155 | -€251 | -61.8% |
| Recurring financial income | 75 | €406 | €155 | -€251 | -61.8% |
| Financial charges | 65/66B | €1,276 | €1,043 | -€233 | -18.2% |
| Recurring financial charges | 65 | €1,276 | €1,043 | -€233 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,454 | €18,559 | +€24,013 | |
| Income taxes | 67/77 | €31 | €1,687 | +€1,656 | +5,301% |
| Profit (loss) for the period | 9904 | -€5,486 | €16,872 | +€22,357 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,486 | €16,872 | +€22,357 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.