TRANSTALING: 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.
TRANSTALING
Largest movements
- Receivables within one year -€7,796
down €7,796 (-44.4%), from €17,578 to €9,782
of which Trade receivables: -€11,076
- Cash +€3,889
up €3,889 (+11.8%), from €32,831 to €36,720
mainly Receivables within one year (+€7,796) and Depreciation (+€83)
- Tangible fixed assets +€1,026
up €1,026 (+853.2%), from €120 to €1,146
- Tax, wage and social debts -€1,198
down €1,198 (-28.2%), from €4,244 to €3,045
- Trade debts -€1,082
down €1,082 (-63.2%), from €1,711 to €629
- Gross operating margin -€10,131
down €10,131 (-78.6%), from €12,890 to €2,759
- Taxes -€2,530
down €2,530 (-65.7%), from €3,849 to €1,318
- Depreciation -€227
down €227 (-73.3%), from €310 to €83
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 | €50,993 | €48,125 | -€2,868 | -5.6% |
| Fixed assets | 21/28 | €120 | €1,146 | +€1,026 | +853.2% |
| Tangible fixed assets | 22/27 | €120 | €1,146 | +€1,026 | +853.2% |
| Plant, machinery and equipment | 23 | €120 | €1,146 | +€1,026 | +853.2% |
| Current assets | 29/58 | €50,872 | €46,978 | -€3,894 | -7.7% |
| Amounts receivable within one year | 40/41 | €17,578 | €9,782 | -€7,796 | -44.4% |
| Trade receivables | 40 | €16,008 | €4,931 | -€11,076 | -69.2% |
| Other amounts receivable | 41 | €1,570 | €4,850 | +€3,280 | +208.9% |
| Cash at bank and in hand | 54/58 | €32,831 | €36,720 | +€3,889 | +11.8% |
| Deferred charges and accrued income | 490/1 | €463 | €477 | +€14 | +3.0% |
| Total equity and liabilities | 10/49 | €50,993 | €48,125 | -€2,868 | -5.6% |
| Equity | 10/15 | €44,242 | €43,780 | -€462 | -1.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €31,842 | €31,842 | = | 0.0% |
| Distributable reserves | 133 | €31,842 | €31,842 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€462 | -€462 | |
| Amounts payable | 17/49 | €6,750 | €4,345 | -€2,406 | -35.6% |
| Amounts payable within one year | 42/48 | €6,750 | €4,345 | -€2,406 | -35.6% |
| Trade debts | 44 | €1,711 | €629 | -€1,082 | -63.2% |
| Suppliers | 440/4 | €1,711 | €629 | -€1,082 | -63.2% |
| Taxes, remuneration and social security | 45 | €4,244 | €3,045 | -€1,198 | -28.2% |
| Taxes | 450/3 | €4,244 | €3,045 | -€1,198 | -28.2% |
| Other amounts payable | 47/48 | €796 | €670 | -€126 | -15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €310 | €83 | -€227 | -73.3% |
| Other operating charges | 640/8 | €1,665 | €1,592 | -€73 | -4.4% |
| Gross operating margin | 9900 | €12,890 | €2,759 | -€10,131 | -78.6% |
| Operating profit (loss) | 9901 | €10,915 | €1,084 | -€9,831 | -90.1% |
| Financial charges | 65/66B | €128 | €228 | +€100 | +77.7% |
| Recurring financial charges | 65 | €128 | €228 | +€100 | +77.7% |
| Profit (loss) for the period before taxes | 9903 | €10,787 | €856 | -€9,931 | -92.1% |
| Income taxes | 67/77 | €3,849 | €1,318 | -€2,530 | -65.7% |
| Profit (loss) for the period | 9904 | €6,938 | -€462 | -€7,400 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,938 | -€462 | -€7,400 |
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 11 October 2026 via checked.be.