TRANSPONS BELGIQUE: 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.
TRANSPONS BELGIQUE
Largest movements
- Cash -€86,095
down €86,095 (-71.8%), from €119,964 to €33,869
mainly Trade debts (-€98,866) and Current portion of long-term debt (-€22,286)
- Tangible fixed assets -€34,797
down €34,797 (-12.9%), from €270,681 to €235,885
of which Land and buildings: -€23,526
- Receivables within one year -€20,782
down €20,782 (-66.9%), from €31,081 to €10,300
of which Other amounts receivable: -€16,064
- Trade debts -€98,866
down €98,866 (-81.4%), from €121,390 to €22,524
- Current portion of long-term debt -€22,286
down €22,286 (-49.4%), from €45,137 to €22,851
- Debts after one year -€19,994
down €19,994 (-43.0%), from €46,484 to €26,489
- Short-term financial debts +€17,000
new in 2025: €17,000
- Tax, wage and social debts -€10,043
down €10,043 (-61.8%), from €16,253 to €6,210
of which Remuneration and social security: -€11,772
- Gross operating margin -€43,827
down €43,827 (-31.5%), from €139,299 to €95,473
- Taxes -€12,130
down €12,130 (-91.1%), from €13,312 to €1,182
- Depreciation +€6,053
up €6,053 (+16.0%), from €37,895 to €43,948
- Financial charges -€2,583
down €2,583 (-29.8%), from €8,668 to €6,085
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 | €429,717 | €291,297 | -€138,420 | -32.2% |
| Fixed assets | 21/28 | €272,254 | €237,457 | -€34,797 | -12.8% |
| Tangible fixed assets | 22/27 | €270,681 | €235,885 | -€34,797 | -12.9% |
| Land and buildings | 22 | €179,178 | €155,652 | -€23,526 | -13.1% |
| Furniture and vehicles | 24 | €91,503 | €80,233 | -€11,271 | -12.3% |
| Financial fixed assets | 28 | €1,572 | €1,572 | = | 0.0% |
| Current assets | 29/58 | €157,464 | €53,840 | -€103,624 | -65.8% |
| Amounts receivable within one year | 40/41 | €31,081 | €10,300 | -€20,782 | -66.9% |
| Trade receivables | 40 | €11,010 | €6,291 | -€4,718 | -42.9% |
| Other amounts receivable | 41 | €20,072 | €4,008 | -€16,064 | -80.0% |
| Cash at bank and in hand | 54/58 | €119,964 | €33,869 | -€86,095 | -71.8% |
| Deferred charges and accrued income | 490/1 | €6,418 | €9,671 | +€3,253 | +50.7% |
| Total equity and liabilities | 10/49 | €429,717 | €291,297 | -€138,420 | -32.2% |
| Equity | 10/15 | €173,834 | €174,604 | +€769 | +0.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €1,361 | €1,361 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,361 | €1,361 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,013 | €152,783 | +€769 | +0.5% |
| Amounts payable | 17/49 | €255,883 | €116,693 | -€139,190 | -54.4% |
| Amounts payable after more than one year | 17 | €46,484 | €26,489 | -€19,994 | -43.0% |
| Financial debts | 170/4 | €46,484 | €26,489 | -€19,994 | -43.0% |
| Amounts payable within one year | 42/48 | €209,399 | €90,204 | -€119,196 | -56.9% |
| Current portion of amounts payable after more than one year | 42 | €45,137 | €22,851 | -€22,286 | -49.4% |
| Financial debts | 43 | - | €17,000 | +€17,000 | |
| Credit institutions | 430/8 | - | €17,000 | +€17,000 | |
| Trade debts | 44 | €121,390 | €22,524 | -€98,866 | -81.4% |
| Suppliers | 440/4 | €121,390 | €22,524 | -€98,866 | -81.4% |
| Taxes, remuneration and social security | 45 | €16,253 | €6,210 | -€10,043 | -61.8% |
| Taxes | 450/3 | €166 | €1,895 | +€1,729 | +1040.7% |
| Remuneration and social security | 454/9 | €16,087 | €4,315 | -€11,772 | -73.2% |
| Other amounts payable | 47/48 | €26,618 | €21,618 | -€5,000 | -18.8% |
| Non-recurring operating income | 76A | €11,065 | - | -€11,065 | |
| Remuneration, social security and pensions | 62 | €40,229 | €40,835 | +€607 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,895 | €43,948 | +€6,053 | +16.0% |
| Other operating charges | 640/8 | €2,036 | €2,689 | +€653 | +32.1% |
| Gross operating margin | 9900 | €139,299 | €95,473 | -€43,827 | -31.5% |
| Operating profit (loss) | 9901 | €59,140 | €8,001 | -€51,140 | -86.5% |
| Financial income | 75/76B | €47 | €36 | -€11 | -22.6% |
| Recurring financial income | 75 | €47 | €36 | -€11 | -22.6% |
| Financial charges | 65/66B | €8,668 | €6,085 | -€2,583 | -29.8% |
| Recurring financial charges | 65 | €8,668 | €6,085 | -€2,583 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €50,519 | €1,951 | -€48,568 | -96.1% |
| Income taxes | 67/77 | €13,312 | €1,182 | -€12,130 | -91.1% |
| Profit (loss) for the period | 9904 | €37,207 | €769 | -€36,438 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,207 | €769 | -€36,438 | -97.9% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.