TRANSPéTRé: 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.
TRANSPéTRé
Largest movements
- Tangible fixed assets -€25,769
down €25,769 (-24.7%), from €104,332 to €78,564
of which Furniture and vehicles: -€24,971
- Cash -€7,160
down €7,160 (-4.2%), from €171,726 to €164,566
mainly Debts after one year (-€23,389) and Contributions, distributions and other (-€23,334)
- Receivables within one year +€5,094
up €5,094 (+23.8%), from €21,378 to €26,472
of which Trade receivables: +€3,491
- Debts after one year -€23,389
down €23,389 (-32.6%), from €71,701 to €48,312
- Other debts +€4,594
up €4,594 (+23.9%), from €19,200 to €23,794
- Trade debts -€4,490
down €4,490 (-48.5%), from €9,261 to €4,771
- Gross operating margin +€11,817
up €11,817 (+27.7%), from €42,732 to €54,548
- Taxes +€3,845
up €3,845 (+110%), from €3,511 to €7,356
- Financial charges -€1,436
down €1,436 (-40.3%), from €3,560 to €2,124
- Financial income +€687
up €687 (+1,081%), from €64 to €751
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 | €307,377 | €282,425 | -€24,951 | -8.1% |
| Fixed assets | 21/28 | €104,467 | €78,699 | -€25,769 | -24.7% |
| Tangible fixed assets | 22/27 | €104,332 | €78,564 | -€25,769 | -24.7% |
| Furniture and vehicles | 24 | €103,042 | €78,072 | -€24,971 | -24.2% |
| Other tangible fixed assets | 26 | €1,290 | €492 | -€798 | -61.9% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €202,909 | €203,727 | +€817 | +0.4% |
| Amounts receivable within one year | 40/41 | €21,378 | €26,472 | +€5,094 | +23.8% |
| Trade receivables | 40 | €15,140 | €18,631 | +€3,491 | +23.1% |
| Other amounts receivable | 41 | €6,238 | €7,841 | +€1,603 | +25.7% |
| Cash at bank and in hand | 54/58 | €171,726 | €164,566 | -€7,160 | -4.2% |
| Deferred charges and accrued income | 490/1 | €9,805 | €12,688 | +€2,883 | +29.4% |
| Total equity and liabilities | 10/49 | €307,377 | €282,425 | -€24,951 | -8.1% |
| Equity | 10/15 | €178,459 | €174,621 | -€3,838 | -2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €96,661 | €93,656 | -€3,005 | -3.1% |
| Tax-exempt reserves | 132 | €16,057 | €16,057 | = | 0.0% |
| Distributable reserves | 133 | €80,604 | €77,599 | -€3,005 | -3.7% |
| Profit (loss) carried forward | 14 | €63,198 | €62,365 | -€833 | -1.3% |
| Amounts payable | 17/49 | €128,918 | €107,804 | -€21,114 | -16.4% |
| Amounts payable after more than one year | 17 | €71,701 | €48,312 | -€23,389 | -32.6% |
| Financial debts | 170/4 | €71,701 | €48,312 | -€23,389 | -32.6% |
| Amounts payable within one year | 42/48 | €55,657 | €59,256 | +€3,599 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €22,892 | €23,389 | +€497 | +2.2% |
| Trade debts | 44 | €9,261 | €4,771 | -€4,490 | -48.5% |
| Suppliers | 440/4 | €9,261 | €4,771 | -€4,490 | -48.5% |
| Taxes, remuneration and social security | 45 | €4,304 | €7,302 | +€2,998 | +69.7% |
| Taxes | 450/3 | €4,304 | €7,302 | +€2,998 | +69.7% |
| Other amounts payable | 47/48 | €19,200 | €23,794 | +€4,594 | +23.9% |
| Accrued charges and deferred income | 492/3 | €1,559 | €236 | -€1,323 | -84.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,063 | €25,769 | -€295 | -1.1% |
| Other operating charges | 640/8 | €538 | €555 | +€17 | +3.2% |
| Gross operating margin | 9900 | €42,732 | €54,548 | +€11,817 | +27.7% |
| Operating profit (loss) | 9901 | €16,131 | €28,225 | +€12,094 | +75.0% |
| Financial income | 75/76B | €64 | €751 | +€687 | +1,081% |
| Recurring financial income | 75 | €64 | €751 | +€687 | +1,081% |
| Financial charges | 65/66B | €3,560 | €2,124 | -€1,436 | -40.3% |
| Recurring financial charges | 65 | €3,560 | €2,124 | -€1,436 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | €12,635 | €26,852 | +€14,217 | +113% |
| Income taxes | 67/77 | €3,511 | €7,356 | +€3,845 | +110% |
| Profit (loss) for the period | 9904 | €9,124 | €19,496 | +€10,372 | +114% |
| Profit (loss) for the period to be appropriated | 9905 | €9,124 | €19,496 | +€10,372 | +114% |
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 15 October 2026 via checked.be.