TransSchroyen: 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.
TransSchroyen
Largest movements
- Tangible fixed assets +€700,775
up €700,775 (+73.5%), from €953,682 to €1.7m
of which Leasing and similar rights: +€401,260
- Receivables within one year +€88,649
up €88,649 (+29.6%), from €299,243 to €387,892
of which Trade receivables: +€96,264
- Current investments -€36,944
no longer reported in 2025 (was €36,944)
- Cash +€28,065
new in 2025: €28,065
mainly Debts after one year (+€429,889) and Depreciation (+€318,066)
- Debts after one year +€429,889
up €429,889 (+102.5%), from €419,503 to €849,392
- Revaluation surpluses +€232,700
new in 2025: €232,700
- Current portion of long-term debt +€55,411
up €55,411 (+23.8%), from €232,871 to €288,281
- Reserves +€26,820
up €26,820 (+7.1%), from €377,962 to €404,782
of which Distributable reserves: +€33,782
- Short-term financial debts +€21,382
up €21,382 (+57.1%), from €37,462 to €58,845
- Staff costs +€157,861
up €157,861 (+18.4%), from €857,949 to €1.0m
- Gross operating margin +€128,553
up €128,553 (+9.8%), from €1.3m to €1.4m
- Financial charges +€15,547
up €15,547 (+38.6%), from €40,243 to €55,790
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 | €1,347,083 | €2,134,014 | +€786,931 | +58.4% |
| Fixed assets | 21/28 | €1,004,524 | €1,711,781 | +€707,257 | +70.4% |
| Intangible fixed assets | 21 | - | €2,708 | +€2,708 | |
| Tangible fixed assets | 22/27 | €953,682 | €1,654,457 | +€700,775 | +73.5% |
| Land and buildings | 22 | €8,035 | €8,434 | +€399 | +5.0% |
| Plant, machinery and equipment | 23 | €21,359 | €29,573 | +€8,214 | +38.5% |
| Furniture and vehicles | 24 | €178,270 | €469,171 | +€290,902 | +163.2% |
| Leasing and similar rights | 25 | €746,018 | €1,147,278 | +€401,260 | +53.8% |
| Financial fixed assets | 28 | €50,842 | €54,617 | +€3,775 | +7.4% |
| Current assets | 29/58 | €342,560 | €422,233 | +€79,674 | +23.3% |
| Amounts receivable within one year | 40/41 | €299,243 | €387,892 | +€88,649 | +29.6% |
| Trade receivables | 40 | €264,628 | €360,892 | +€96,264 | +36.4% |
| Other amounts receivable | 41 | €34,615 | €27,000 | -€7,616 | -22.0% |
| Current investments | 50/53 | €36,944 | - | -€36,944 | |
| Cash at bank and in hand | 54/58 | - | €28,065 | +€28,065 | |
| Deferred charges and accrued income | 490/1 | €6,372 | €6,277 | -€96 | -1.5% |
| Total equity and liabilities | 10/49 | €1,347,083 | €2,134,014 | +€786,931 | +58.4% |
| Equity | 10/15 | €384,162 | €643,682 | +€259,520 | +67.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | - | €232,700 | +€232,700 | |
| Reserves | 13 | €377,962 | €404,782 | +€26,820 | +7.1% |
| Tax-exempt reserves | 132 | €53,179 | €46,217 | -€6,962 | -13.1% |
| Distributable reserves | 133 | €324,783 | €358,565 | +€33,782 | +10.4% |
| Provisions and deferred taxes | 16 | €13,295 | €11,554 | -€1,741 | -13.1% |
| Deferred taxes | 168 | €13,295 | €11,554 | -€1,741 | -13.1% |
| Amounts payable | 17/49 | €949,626 | €1,478,778 | +€529,152 | +55.7% |
| Amounts payable after more than one year | 17 | €419,503 | €849,392 | +€429,889 | +102.5% |
| Financial debts | 170/4 | €419,503 | €849,392 | +€429,889 | +102.5% |
| Amounts payable within one year | 42/48 | €530,123 | €629,386 | +€99,263 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €232,871 | €288,281 | +€55,411 | +23.8% |
| Financial debts | 43 | €37,462 | €58,845 | +€21,382 | +57.1% |
| Credit institutions | 430/8 | €37,462 | €58,845 | +€21,382 | +57.1% |
| Trade debts | 44 | €140,050 | €158,887 | +€18,837 | +13.5% |
| Suppliers | 440/4 | €140,050 | €158,887 | +€18,837 | +13.5% |
| Taxes, remuneration and social security | 45 | €119,740 | €112,373 | -€7,367 | -6.2% |
| Taxes | 450/3 | €11,643 | €12,216 | +€573 | +4.9% |
| Remuneration and social security | 454/9 | €108,097 | €100,157 | -€7,940 | -7.3% |
| Other amounts payable | 47/48 | - | €11,000 | +€11,000 | |
| Non-recurring operating income | 76A | €127,287 | €112,585 | -€14,702 | -11.6% |
| Remuneration, social security and pensions | 62 | €857,949 | €1,015,811 | +€157,861 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €324,231 | €318,066 | -€6,165 | -1.9% |
| Other operating charges | 640/8 | €10,886 | €11,613 | +€727 | +6.7% |
| Non-recurring operating charges | 66A | €4,883 | €22,664 | +€17,780 | +364.1% |
| Gross operating margin | 9900 | €1,315,867 | €1,444,419 | +€128,553 | +9.8% |
| Operating profit (loss) | 9901 | €117,917 | €76,267 | -€41,651 | -35.3% |
| Financial income | 75/76B | €4,728 | €8,334 | +€3,606 | +76.3% |
| Recurring financial income | 75 | €4,728 | €8,334 | +€3,606 | +76.3% |
| Financial charges | 65/66B | €40,243 | €55,790 | +€15,547 | +38.6% |
| Recurring financial charges | 65 | €40,243 | €55,790 | +€15,547 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | €82,402 | €28,811 | -€53,591 | -65.0% |
| Transfer from deferred taxes | 780 | €517 | €1,741 | +€1,223 | +236.5% |
| Transfer to deferred taxes | 680 | €9,495 | - | -€9,495 | |
| Income taxes | 67/77 | €8,484 | €3,732 | -€4,752 | -56.0% |
| Profit (loss) for the period | 9904 | €64,941 | €26,820 | -€38,122 | -58.7% |
| Transfer from tax-exempt reserves | 789 | €2,069 | €6,962 | +€4,893 | +236.5% |
| Transfer to tax-exempt reserves | 689 | €37,978 | - | -€37,978 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,033 | €33,782 | +€4,750 | +16.4% |
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 10 October 2026 via checked.be.