Transus: 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.
Transus
Largest movements
- Cash +€80,195
up €80,195 (+50.4%), from €159,207 to €239,402
mainly Trade debts (+€45,516) and Net result for the year (+€15,943)
- Receivables within one year -€5,702
down €5,702 (-19.4%), from €29,407 to €23,706
of which Trade receivables: -€3,801
- Trade debts +€45,516
up €45,516 (+63.7%), from €71,445 to €116,960
- Reserves +€15,943
up €15,943 (+25.4%), from €62,703 to €78,645
of which Distributable reserves: +€15,943
- Tax, wage and social debts +€11,093
up €11,093 (+26.6%), from €41,689 to €52,782
of which Taxes: +€9,574
- Gross operating margin +€19,835
up €19,835 (+17.8%), from €111,282 to €131,117
- Staff costs +€16,735
up €16,735 (+18.2%), from €92,061 to €108,796
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 | €196,446 | €269,820 | +€73,374 | +37.4% |
| Fixed assets | 21/28 | €4,535 | €4,535 | = | 0.0% |
| Financial fixed assets | 28 | €4,535 | €4,535 | = | 0.0% |
| Current assets | 29/58 | €191,911 | €265,285 | +€73,374 | +38.2% |
| Amounts receivable within one year | 40/41 | €29,407 | €23,706 | -€5,702 | -19.4% |
| Trade receivables | 40 | €27,506 | €23,706 | -€3,801 | -13.8% |
| Other amounts receivable | 41 | €1,901 | €0 | -€1,901 | -100% |
| Cash at bank and in hand | 54/58 | €159,207 | €239,402 | +€80,195 | +50.4% |
| Deferred charges and accrued income | 490/1 | €3,297 | €2,178 | -€1,119 | -33.9% |
| Total equity and liabilities | 10/49 | €196,446 | €269,820 | +€73,374 | +37.4% |
| Equity | 10/15 | €81,253 | €97,195 | +€15,943 | +19.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €62,703 | €78,645 | +€15,943 | +25.4% |
| Non-distributable reserves | 130/1 | €654 | €654 | = | 0.0% |
| Reserves not available under the articles | 1311 | €654 | €654 | = | 0.0% |
| Distributable reserves | 133 | €62,049 | €77,992 | +€15,943 | +25.7% |
| Amounts payable | 17/49 | €115,193 | €172,625 | +€57,432 | +49.9% |
| Amounts payable within one year | 42/48 | €113,134 | €169,743 | +€56,609 | +50.0% |
| Trade debts | 44 | €71,445 | €116,960 | +€45,516 | +63.7% |
| Suppliers | 440/4 | €71,445 | €116,960 | +€45,516 | +63.7% |
| Taxes, remuneration and social security | 45 | €41,689 | €52,782 | +€11,093 | +26.6% |
| Taxes | 450/3 | €23,074 | €32,648 | +€9,574 | +41.5% |
| Remuneration and social security | 454/9 | €18,616 | €20,134 | +€1,519 | +8.2% |
| Accrued charges and deferred income | 492/3 | €2,059 | €2,882 | +€823 | +40.0% |
| Remuneration, social security and pensions | 62 | €92,061 | €108,796 | +€16,735 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €111,282 | €131,117 | +€19,835 | +17.8% |
| Operating profit (loss) | 9901 | €18,715 | €21,801 | +€3,086 | +16.5% |
| Financial income | 75/76B | €284 | €1,144 | +€860 | +303% |
| Recurring financial income | 75 | €284 | €1,144 | +€860 | +303% |
| Financial charges | 65/66B | €141 | €141 | = | 0.0% |
| Recurring financial charges | 65 | €141 | €141 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €18,858 | €22,804 | +€3,946 | +20.9% |
| Income taxes | 67/77 | €5,789 | €6,861 | +€1,072 | +18.5% |
| Profit (loss) for the period | 9904 | €13,069 | €15,943 | +€2,874 | +22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,069 | €15,943 | +€2,874 | +22.0% |
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 16 October 2026 via checked.be.