TRANSOC: 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.
TRANSOC
Largest movements
- Tangible fixed assets +€85,213
up €85,213 (+60.4%), from €141,165 to €226,377
of which Land and buildings: +€62,664
- Cash -€47,943
down €47,943 (-29.6%), from €162,110 to €114,167
mainly Investment in fixed assets (net) (-€91,602) and Tax, wage and social debts (-€43,427)
- Receivables within one year -€34,055
down €34,055 (-58.1%), from €58,620 to €24,565
of which Trade receivables: -€34,055
- Tax, wage and social debts -€43,427
down €43,427 (-60.8%), from €71,445 to €28,018
of which Taxes: -€31,278
- Profit (loss) carried forward +€25,391
up €25,391 (+10.9%), from €233,605 to €258,995
- Debts after one year +€15,188
new in 2025: €15,188
- Current portion of long-term debt +€7,771
up €7,771 (+927.4%), from €838 to €8,609
- Other debts -€6,095
down €6,095 (-100.0%), from €6,095 to €0
- Staff costs -€200,374
down €200,374 (-52.0%), from €385,457 to €185,083
- Gross operating margin -€194,803
down €194,803 (-43.8%), from €445,102 to €250,299
- Depreciation -€19,801
down €19,801 (-75.6%), from €26,191 to €6,389
- Financial income +€10,694
new in 2025: €10,694
- Provisions +€10,000
up €10,000, from -€10,000 to €0
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 | €362,503 | €366,444 | +€3,942 | +1.1% |
| Fixed assets | 21/28 | €141,772 | €226,985 | +€85,213 | +60.1% |
| Tangible fixed assets | 22/27 | €141,165 | €226,377 | +€85,213 | +60.4% |
| Land and buildings | 22 | €141,165 | €203,828 | +€62,664 | +44.4% |
| Furniture and vehicles | 24 | €0 | €19,599 | +€19,599 | |
| Leasing and similar rights | 25 | €0 | €2,950 | +€2,950 | |
| Financial fixed assets | 28 | €607 | €607 | = | 0.0% |
| Current assets | 29/58 | €220,731 | €139,460 | -€81,271 | -36.8% |
| Amounts receivable within one year | 40/41 | €58,620 | €24,565 | -€34,055 | -58.1% |
| Trade receivables | 40 | €58,333 | €24,278 | -€34,055 | -58.4% |
| Other amounts receivable | 41 | €287 | €287 | = | 0.0% |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €162,110 | €114,167 | -€47,943 | -29.6% |
| Deferred charges and accrued income | 490/1 | - | €727 | +€727 | |
| Total equity and liabilities | 10/49 | €362,503 | €366,444 | +€3,942 | +1.1% |
| Equity | 10/15 | €268,002 | €293,393 | +€25,391 | +9.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €15,806 | €15,806 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,487 | €3,487 | = | 0.0% |
| Distributable reserves | 133 | €10,459 | €10,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | €233,605 | €258,995 | +€25,391 | +10.9% |
| Amounts payable | 17/49 | €94,500 | €73,052 | -€21,449 | -22.7% |
| Amounts payable after more than one year | 17 | - | €15,188 | +€15,188 | |
| Financial debts | 170/4 | - | €15,188 | +€15,188 | |
| Amounts payable within one year | 42/48 | €94,500 | €57,864 | -€36,636 | -38.8% |
| Current portion of amounts payable after more than one year | 42 | €838 | €8,609 | +€7,771 | +927.4% |
| Trade debts | 44 | €16,123 | €21,237 | +€5,114 | +31.7% |
| Suppliers | 440/4 | €16,123 | €21,237 | +€5,114 | +31.7% |
| Taxes, remuneration and social security | 45 | €71,445 | €28,018 | -€43,427 | -60.8% |
| Taxes | 450/3 | €31,278 | €0 | -€31,278 | -100.0% |
| Remuneration and social security | 454/9 | €40,168 | €28,018 | -€12,149 | -30.2% |
| Other amounts payable | 47/48 | €6,095 | €0 | -€6,095 | -100.0% |
| Remuneration, social security and pensions | 62 | €385,457 | €185,083 | -€200,374 | -52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,191 | €6,389 | -€19,801 | -75.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€10,000 | €0 | +€10,000 | |
| Other operating charges | 640/8 | €19,577 | €22,345 | +€2,768 | +14.1% |
| Gross operating margin | 9900 | €445,102 | €250,299 | -€194,803 | -43.8% |
| Operating profit (loss) | 9901 | €23,877 | €36,482 | +€12,604 | +52.8% |
| Financial income | 75/76B | - | €10,694 | +€10,694 | |
| Recurring financial income | 75 | - | €10,694 | +€10,694 | |
| Financial charges | 65/66B | €504 | €1,356 | +€852 | +169.2% |
| Recurring financial charges | 65 | €504 | €1,356 | +€852 | +169.2% |
| Profit (loss) for the period before taxes | 9903 | €23,374 | €45,819 | +€22,446 | +96.0% |
| Income taxes | 67/77 | €11,546 | €20,429 | +€8,883 | +76.9% |
| Profit (loss) for the period | 9904 | €11,828 | €25,391 | +€13,563 | +114.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,828 | €25,391 | +€13,563 | +114.7% |
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 11 October 2026 via checked.be.