Transvago: what changed
Two fiscal 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.
Transvago
Largest movements
- Tangible fixed assets -€1.6m
down €1.6m (-24.6%), from €6.7m to €5.0m
of which Leasing and similar rights: -€1.6m
- Cash +€662,775
up €662,775 (+1156.6%), from €57,305 to €720,081
mainly Depreciation (+€2.6m) and Receivables within one year (+€253,416)
- Receivables within one year -€253,416
down €253,416 (-28.4%), from €890,949 to €637,532
of which Trade receivables: -€235,525
- Debts after one year -€539,567
down €539,567 (-13.0%), from €4.1m to €3.6m
of which Financial debts: -€933,600
- Current portion of long-term debt -€349,473
down €349,473 (-16.3%), from €2.1m to €1.8m
- Trade debts -€235,281
down €235,281 (-82.8%), from €283,995 to €48,714
- Short-term financial debts -€81,900
down €81,900 (-100.0%), from €81,900 to €0
- Depreciation +€89,240
up €89,240 (+3.5%), from €2.5m to €2.6m
- Gross operating margin +€51,063
up €51,063 (+1.7%), from €3.0m to €3.0m
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 | €7,602,004 | €6,378,002 | -€1.2m | -16.1% |
| Fixed assets | 21/28 | €6,652,820 | €5,019,203 | -€1.6m | -24.6% |
| Tangible fixed assets | 22/27 | €6,652,820 | €5,019,203 | -€1.6m | -24.6% |
| Plant, machinery and equipment | 23 | €90 | €0 | -€90 | -100.0% |
| Furniture and vehicles | 24 | €164,526 | €122,568 | -€41,958 | -25.5% |
| Leasing and similar rights | 25 | €6,488,204 | €4,896,635 | -€1.6m | -24.5% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €949,185 | €1,358,799 | +€409,614 | +43.2% |
| Amounts receivable within one year | 40/41 | €890,949 | €637,532 | -€253,416 | -28.4% |
| Trade receivables | 40 | €857,317 | €621,792 | -€235,525 | -27.5% |
| Other amounts receivable | 41 | €33,631 | €15,740 | -€17,891 | -53.2% |
| Cash at bank and in hand | 54/58 | €57,305 | €720,081 | +€662,775 | +1156.6% |
| Deferred charges and accrued income | 490/1 | €931 | €1,186 | +€255 | +27.4% |
| Total equity and liabilities | 10/49 | €7,602,004 | €6,378,002 | -€1.2m | -16.1% |
| Equity | 10/15 | €847,619 | €847,856 | +€237 | 0.0% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Capital | 10 | €120,000 | €120,000 | = | 0.0% |
| Issued capital | 100 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €727,619 | €727,856 | +€237 | 0.0% |
| Non-distributable reserves | 130/1 | €12,000 | €12,000 | = | 0.0% |
| Legal reserve | 130 | €12,000 | €12,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €460,734 | €460,734 | = | 0.0% |
| Distributable reserves | 133 | €254,885 | €255,122 | +€237 | +0.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €6,754,385 | €5,530,146 | -€1.2m | -18.1% |
| Amounts payable after more than one year | 17 | €4,143,807 | €3,604,240 | -€539,567 | -13.0% |
| Financial debts | 170/4 | €2,990,039 | €2,056,439 | -€933,600 | -31.2% |
| Other amounts payable | 178/9 | €1,153,768 | €1,547,801 | +€394,033 | +34.2% |
| Amounts payable within one year | 42/48 | €2,610,578 | €1,925,906 | -€684,673 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €2,140,134 | €1,790,660 | -€349,473 | -16.3% |
| Financial debts | 43 | €81,900 | €0 | -€81,900 | -100.0% |
| Other loans | 439 | €81,900 | €0 | -€81,900 | -100.0% |
| Trade debts | 44 | €283,995 | €48,714 | -€235,281 | -82.8% |
| Suppliers | 440/4 | €283,995 | €48,714 | -€235,281 | -82.8% |
| Taxes, remuneration and social security | 45 | €24,587 | €26,536 | +€1,949 | +7.9% |
| Taxes | 450/3 | €9,603 | €11,021 | +€1,418 | +14.8% |
| Remuneration and social security | 454/9 | €14,983 | €15,515 | +€532 | +3.5% |
| Other amounts payable | 47/48 | €79,962 | €59,995 | -€19,968 | -25.0% |
| Non-recurring operating income | 76A | €4,330 | €5,643 | +€1,312 | +30.3% |
| Remuneration, social security and pensions | 62 | €80,770 | €83,095 | +€2,325 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,522,081 | €2,611,321 | +€89,240 | +3.5% |
| Other operating charges | 640/8 | €485 | €496 | +€11 | +2.3% |
| Non-recurring operating charges | 66A | €24,958 | €985 | -€23,974 | -96.1% |
| Gross operating margin | 9900 | €2,988,677 | €3,039,740 | +€51,063 | +1.7% |
| Operating profit (loss) | 9901 | €360,383 | €343,843 | -€16,539 | -4.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €300,453 | €303,221 | +€2,768 | +0.9% |
| Recurring financial charges | 65 | €300,453 | €303,221 | +€2,768 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €59,929 | €40,622 | -€19,308 | -32.2% |
| Income taxes | 67/77 | €620 | €384 | -€235 | -37.9% |
| Profit (loss) for the period | 9904 | €59,310 | €40,237 | -€19,072 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,310 | €40,237 | -€19,072 | -32.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.