TRANSTRACTION: 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.
TRANSTRACTION
Largest movements
- Tangible fixed assets -€17,907
down €17,907 (-21.5%), from €83,106 to €65,199
of which Furniture and vehicles: -€11,302
- Receivables within one year -€9,337
down €9,337 (-29.5%), from €31,630 to €22,293
of which Trade receivables: -€6,892
- Cash -€1,288
down €1,288 (-16.5%), from €7,829 to €6,540
mainly Trade debts (-€15,944) and Short-term financial debts (-€7,684)
- Trade debts -€15,944
down €15,944 (-66.1%), from €24,137 to €8,193
- Short-term financial debts -€7,684
down €7,684 (-33.9%), from €22,654 to €14,970
- Debts after one year -€6,653
down €6,653 (-28.0%), from €23,726 to €17,074
- Current portion of long-term debt +€5,466
up €5,466 (+55.6%), from €9,835 to €15,301
- Profit (loss) carried forward -€4,093
down €4,093 (-59.0%), from €6,938 to €2,845
- Gross operating margin -€14,722
down €14,722 (-36.0%), from €40,875 to €26,153
- Depreciation -€4,793
down €4,793 (-19.0%), from €25,259 to €20,466
- Other operating charges -€4,279
down €4,279 (-57.5%), from €7,441 to €3,162
- Taxes +€937
new in 2025: €937
- Financial charges -€817
down €817 (-14.5%), from €5,641 to €4,824
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 | €127,345 | €98,219 | -€29,126 | -22.9% |
| Fixed assets | 21/28 | €83,156 | €65,249 | -€17,907 | -21.5% |
| Tangible fixed assets | 22/27 | €83,106 | €65,199 | -€17,907 | -21.5% |
| Plant, machinery and equipment | 23 | €2,113 | €1,457 | -€656 | -31.1% |
| Furniture and vehicles | 24 | €27,663 | €16,360 | -€11,302 | -40.9% |
| Other tangible fixed assets | 26 | €53,331 | €47,382 | -€5,949 | -11.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €44,188 | €32,970 | -€11,218 | -25.4% |
| Amounts receivable within one year | 40/41 | €31,630 | €22,293 | -€9,337 | -29.5% |
| Trade receivables | 40 | €20,712 | €13,820 | -€6,892 | -33.3% |
| Other amounts receivable | 41 | €10,918 | €8,474 | -€2,445 | -22.4% |
| Cash at bank and in hand | 54/58 | €7,829 | €6,540 | -€1,288 | -16.5% |
| Deferred charges and accrued income | 490/1 | €4,730 | €4,136 | -€593 | -12.5% |
| Total equity and liabilities | 10/49 | €127,345 | €98,219 | -€29,126 | -22.9% |
| Equity | 10/15 | €29,952 | €25,859 | -€4,093 | -13.7% |
| Contributions | 10/11 | €11,155 | €11,155 | = | 0.0% |
| Reserves | 13 | €11,859 | €11,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,938 | €2,845 | -€4,093 | -59.0% |
| Amounts payable | 17/49 | €97,393 | €72,360 | -€25,033 | -25.7% |
| Amounts payable after more than one year | 17 | €23,726 | €17,074 | -€6,653 | -28.0% |
| Financial debts | 170/4 | €23,726 | €17,074 | -€6,653 | -28.0% |
| Amounts payable within one year | 42/48 | €72,885 | €54,754 | -€18,130 | -24.9% |
| Current portion of amounts payable after more than one year | 42 | €9,835 | €15,301 | +€5,466 | +55.6% |
| Financial debts | 43 | €22,654 | €14,970 | -€7,684 | -33.9% |
| Credit institutions | 430/8 | €22,654 | €14,970 | -€7,684 | -33.9% |
| Trade debts | 44 | €24,137 | €8,193 | -€15,944 | -66.1% |
| Suppliers | 440/4 | €24,137 | €8,193 | -€15,944 | -66.1% |
| Taxes, remuneration and social security | 45 | €11,894 | €12,058 | +€164 | +1.4% |
| Taxes | 450/3 | €11,519 | €12,022 | +€503 | +4.4% |
| Remuneration and social security | 454/9 | €375 | €36 | -€339 | -90.4% |
| Other amounts payable | 47/48 | €4,365 | €4,232 | -€132 | -3.0% |
| Accrued charges and deferred income | 492/3 | €782 | €532 | -€250 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,259 | €20,466 | -€4,793 | -19.0% |
| Other operating charges | 640/8 | €7,441 | €3,162 | -€4,279 | -57.5% |
| Non-recurring operating charges | 66A | €1,585 | €863 | -€722 | -45.5% |
| Gross operating margin | 9900 | €40,875 | €26,153 | -€14,722 | -36.0% |
| Operating profit (loss) | 9901 | €6,590 | €1,662 | -€4,928 | -74.8% |
| Financial income | 75/76B | €0 | €7 | +€7 | +2,180% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +2,180% |
| Financial charges | 65/66B | €5,641 | €4,824 | -€817 | -14.5% |
| Recurring financial charges | 65 | €5,641 | €4,824 | -€817 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €949 | -€3,156 | -€4,105 | |
| Income taxes | 67/77 | - | €937 | +€937 | |
| Profit (loss) for the period | 9904 | €949 | -€4,093 | -€5,042 | |
| Profit (loss) for the period to be appropriated | 9905 | €949 | -€4,093 | -€5,042 |
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.