TRANSVERSALE: 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.
TRANSVERSALE
Largest movements
- Cash +€56,744
up €56,744 (+139.2%), from €40,756 to €97,501
mainly Net result for the year (+€92,569) and Other debts (+€32,939)
- Receivables within one year +€36,680
up €36,680 (+361.0%), from €10,161 to €46,840
of which Trade receivables: +€36,399
- Financial fixed assets -€13,600
down €13,600 (-69.4%), from €19,600 to €6,000
- Tangible fixed assets -€1,787
down €1,787 (-45.5%), from €3,926 to €2,139
- Profit (loss) carried forward +€45,510
up €45,510 (+152.7%), from €29,805 to €75,315
- Other debts +€32,939
up €32,939 (+233.3%), from €14,120 to €47,059
- Tax, wage and social debts +€2,492
up €2,492 (+60.7%), from €4,107 to €6,599
of which Taxes: +€2,492
- Debts after one year -€2,119
down €2,119 (-100.0%), from €2,119 to €0
- Current portion of long-term debt -€2,071
down €2,071 (-49.4%), from €4,191 to €2,119
- Turnover -€84,000
no longer reported in 2025 (was €84,000)
- Gross operating margin +€72,484
up €72,484 (+220.3%), from €32,907 to €105,391
- Purchases and services -€53,839
no longer reported in 2025 (was €53,839)
- Financial charges +€3,436
up €3,436 (+1398.5%), from €246 to €3,682
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 | €75,061 | €152,723 | +€77,661 | +103.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €23,526 | €8,139 | -€15,387 | -65.4% |
| Tangible fixed assets | 22/27 | €3,926 | €2,139 | -€1,787 | -45.5% |
| Furniture and vehicles | 24 | €3,926 | €2,139 | -€1,787 | -45.5% |
| Financial fixed assets | 28 | €19,600 | €6,000 | -€13,600 | -69.4% |
| Current assets | 29/58 | €51,536 | €144,584 | +€93,048 | +180.6% |
| Amounts receivable within one year | 40/41 | €10,161 | €46,840 | +€36,680 | +361.0% |
| Trade receivables | 40 | €8,470 | €44,869 | +€36,399 | +429.7% |
| Other amounts receivable | 41 | €1,691 | €1,971 | +€281 | +16.6% |
| Cash at bank and in hand | 54/58 | €40,756 | €97,501 | +€56,744 | +139.2% |
| Deferred charges and accrued income | 490/1 | €619 | €243 | -€375 | -60.7% |
| Total equity and liabilities | 10/49 | €75,061 | €152,723 | +€77,661 | +103.5% |
| Equity | 10/15 | €49,905 | €95,415 | +€45,510 | +91.2% |
| Contributions | 10/11 | €19,600 | €19,600 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,805 | €75,315 | +€45,510 | +152.7% |
| Amounts payable | 17/49 | €25,156 | €57,308 | +€32,151 | +127.8% |
| Amounts payable after more than one year | 17 | €2,119 | €0 | -€2,119 | -100.0% |
| Financial debts | 170/4 | €2,119 | €0 | -€2,119 | -100.0% |
| Amounts payable within one year | 42/48 | €23,037 | €57,308 | +€34,271 | +148.8% |
| Current portion of amounts payable after more than one year | 42 | €4,191 | €2,119 | -€2,071 | -49.4% |
| Financial debts | 43 | €0 | €330 | +€330 | |
| Other loans | 439 | €0 | €330 | +€330 | |
| Trade debts | 44 | €619 | €1,201 | +€582 | +93.9% |
| Suppliers | 440/4 | €619 | €1,201 | +€582 | +93.9% |
| Taxes, remuneration and social security | 45 | €4,107 | €6,599 | +€2,492 | +60.7% |
| Taxes | 450/3 | €4,107 | €6,599 | +€2,492 | +60.7% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €14,120 | €47,059 | +€32,939 | +233.3% |
| Turnover | 70 | €84,000 | - | -€84,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €53,839 | - | -€53,839 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,154 | €1,787 | -€367 | -17.0% |
| Other operating charges | 640/8 | €572 | €676 | +€104 | +18.2% |
| Gross operating margin | 9900 | €32,907 | €105,391 | +€72,484 | +220.3% |
| Operating profit (loss) | 9901 | €30,181 | €102,928 | +€72,747 | +241.0% |
| Financial income | 75/76B | €0 | €48 | +€48 | +478600.0% |
| Recurring financial income | 75 | €0 | €48 | +€48 | +478600.0% |
| Financial charges | 65/66B | €246 | €3,682 | +€3,436 | +1398.5% |
| Recurring financial charges | 65 | €246 | €3,682 | +€3,436 | +1398.5% |
| Profit (loss) for the period before taxes | 9903 | €29,935 | €99,294 | +€69,359 | +231.7% |
| Income taxes | 67/77 | €6,493 | €6,725 | +€233 | +3.6% |
| Profit (loss) for the period | 9904 | €23,443 | €92,569 | +€69,126 | +294.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,443 | €92,569 | +€69,126 | +294.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.