TRANSPOTATOES: 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.
TRANSPOTATOES
Largest movements
- Tangible fixed assets +€325,072
up €325,072 (+51.2%), from €635,197 to €960,269
of which Land and buildings: +€336,768
- Receivables within one year +€79,830
up €79,830 (+3,551%), from €2,248 to €82,078
of which Other amounts receivable: +€80,978
- Cash -€79,475
down €79,475 (-76.0%), from €104,620 to €25,145
mainly Investment in fixed assets (net) (-€371,164) and Receivables within one year (-€79,830)
- Other debts +€170,982
up €170,982 (+120%), from €142,701 to €313,684
- Debts after one year +€121,438
up €121,438 (+75.0%), from €161,974 to €283,412
- Reserves +€44,525
up €44,525 (+18.4%), from €241,984 to €286,509
of which Distributable reserves: +€44,525
- Other operating charges -€24,038
down €24,038 (-72.5%), from €33,176 to €9,138
- Depreciation -€1,669
down €1,669 (-3.5%), from €47,761 to €46,092
- Taxes +€1,662
up €1,662 (+26.0%), from €6,400 to €8,062
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 | €742,065 | €1,067,492 | +€325,427 | +43.9% |
| Fixed assets | 21/28 | €635,197 | €960,269 | +€325,072 | +51.2% |
| Tangible fixed assets | 22/27 | €635,197 | €960,269 | +€325,072 | +51.2% |
| Land and buildings | 22 | €614,481 | €951,249 | +€336,768 | +54.8% |
| Plant, machinery and equipment | 23 | €1,762 | €1,014 | -€748 | -42.4% |
| Furniture and vehicles | 24 | €18,954 | €8,005 | -€10,949 | -57.8% |
| Current assets | 29/58 | €106,869 | €107,223 | +€355 | +0.3% |
| Amounts receivable within one year | 40/41 | €2,248 | €82,078 | +€79,830 | +3,551% |
| Trade receivables | 40 | €1,148 | - | -€1,148 | |
| Other amounts receivable | 41 | €1,100 | €82,078 | +€80,978 | +7,362% |
| Cash at bank and in hand | 54/58 | €104,620 | €25,145 | -€79,475 | -76.0% |
| Total equity and liabilities | 10/49 | €742,065 | €1,067,492 | +€325,427 | +43.9% |
| Equity | 10/15 | €326,984 | €371,509 | +€44,525 | +13.6% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Capital | 10 | €85,000 | €85,000 | = | 0.0% |
| Issued capital | 100 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €241,984 | €286,509 | +€44,525 | +18.4% |
| Non-distributable reserves | 130/1 | €8,500 | €8,500 | = | 0.0% |
| Legal reserve | 130 | €8,500 | €8,500 | = | 0.0% |
| Distributable reserves | 133 | €233,484 | €278,009 | +€44,525 | +19.1% |
| Amounts payable | 17/49 | €415,081 | €695,983 | +€280,902 | +67.7% |
| Amounts payable after more than one year | 17 | €161,974 | €283,412 | +€121,438 | +75.0% |
| Financial debts | 170/4 | €161,974 | €283,412 | +€121,438 | +75.0% |
| Amounts payable within one year | 42/48 | €253,108 | €412,572 | +€159,464 | +63.0% |
| Current portion of amounts payable after more than one year | 42 | €33,149 | €31,042 | -€2,107 | -6.4% |
| Trade debts | 44 | €72,411 | €67,791 | -€4,620 | -6.4% |
| Suppliers | 440/4 | €72,411 | €67,791 | -€4,620 | -6.4% |
| Taxes, remuneration and social security | 45 | €4,847 | €56 | -€4,791 | -98.9% |
| Taxes | 450/3 | €4,847 | €56 | -€4,791 | -98.9% |
| Other amounts payable | 47/48 | €142,701 | €313,684 | +€170,982 | +120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,761 | €46,092 | -€1,669 | -3.5% |
| Other operating charges | 640/8 | €33,176 | €9,138 | -€24,038 | -72.5% |
| Gross operating margin | 9900 | €112,465 | €113,372 | +€907 | +0.8% |
| Operating profit (loss) | 9901 | €31,527 | €58,142 | +€26,614 | +84.4% |
| Financial charges | 65/66B | €5,907 | €5,555 | -€352 | -6.0% |
| Recurring financial charges | 65 | €5,907 | €5,555 | -€352 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €25,621 | €52,587 | +€26,966 | +105% |
| Income taxes | 67/77 | €6,400 | €8,062 | +€1,662 | +26.0% |
| Profit (loss) for the period | 9904 | €19,221 | €44,525 | +€25,304 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €19,221 | €44,525 | +€25,304 | +132% |
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 31 October 2026 via checked.be.