TRANSVERSIS: 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.
What changed
TRANSVERSIS
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€7,666
2024 · €7,551-€15,218
Equity
€427,268
2024 · €434,934-€7,666
Cash
€73,743
2024 · €71,140+€2,603
Balance sheet total
€571,855
2024 · €592,195-€20,340
Largest movements
Assets
- Tangible fixed assets -€18,074
down €18,074 (-4.6%), from €391,299 to €373,225
of which Land and buildings: -€12,766
Equity and liabilities
- Debts after one year -€13,342
down €13,342 (-14.2%), from €94,022 to €80,679
of which Financial debts: -€13,342
- Profit (loss) carried forward -€7,666
down €7,666 (-45.3%), from -€16,926 to -€24,592
Income statement
- Gross operating margin -€17,014
down €17,014 (-13.8%), from €123,381 to €106,366
- Financial charges -€2,930
down €2,930 (-34.8%), from €8,416 to €5,486
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.
Result 2024
€7,551
Gross operating margin
-€17,014
Staff costs
-€888
Depreciation
-€181
Other operating charges
-€83
Financial income
+€19
Financial charges
+€2,930
Result 2025
-€7,666
raises the resultlowers the result
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.
From operations
+€22,241
Investment
-€6,637
Financing
-€13,001
Cash 2024
€71,140
From operations (derived)
+€22,241
Net result for the year
-€7,666
Depreciation
+€24,711
Stocks and contracts
+€2,707
Receivables within one year
+€3,940
Deferred charges and accrued income
-€1,778
Trade debts
-€708
Tax, wage and social debts
+€678
Other debts
+€3,727
Accrued charges and deferred income
-€3,369
Investment (derived)
-€6,637
Investment in fixed assets (net)
-€6,637
Financing
-€13,001
Debts after one year
-€13,342
Current portion of long-term debt
+€341
Cash 2025
€73,743
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €592,195 | €571,855 | -€20,340 | -3.4% |
| Fixed assets | 21/28 | €393,234 | €375,160 | -€18,074 | -4.6% |
| Tangible fixed assets | 22/27 | €391,299 | €373,225 | -€18,074 | -4.6% |
| Land and buildings | 22 | €238,766 | €226,000 | -€12,766 | -5.3% |
| Plant, machinery and equipment | 23 | €152,477 | €147,225 | -€5,252 | -3.4% |
| Furniture and vehicles | 24 | €56 | €0 | -€56 | -100% |
| Financial fixed assets | 28 | €1,935 | €1,935 | = | 0.0% |
| Current assets | 29/58 | €198,961 | €196,695 | -€2,266 | -1.1% |
| Stocks and contracts in progress | 3 | €122,262 | €119,555 | -€2,707 | -2.2% |
| Stocks | 30/36 | €122,262 | €119,555 | -€2,707 | -2.2% |
| Amounts receivable within one year | 40/41 | €4,979 | €1,038 | -€3,940 | -79.1% |
| Trade receivables | 40 | €4,979 | €937 | -€4,042 | -81.2% |
| Other amounts receivable | 41 | - | €102 | +€102 | |
| Cash at bank and in hand | 54/58 | €71,140 | €73,743 | +€2,603 | +3.7% |
| Deferred charges and accrued income | 490/1 | €581 | €2,359 | +€1,778 | +306% |
| Total equity and liabilities | 10/49 | €592,195 | €571,855 | -€20,340 | -3.4% |
| Equity | 10/15 | €434,934 | €427,268 | -€7,666 | -1.8% |
| Contributions | 10/11 | €451,860 | €451,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,926 | -€24,592 | -€7,666 | -45.3% |
| Amounts payable | 17/49 | €157,261 | €144,587 | -€12,674 | -8.1% |
| Amounts payable after more than one year | 17 | €94,022 | €80,679 | -€13,342 | -14.2% |
| Financial debts | 170/4 | €69,022 | €55,679 | -€13,342 | -19.3% |
| Other amounts payable | 178/9 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €57,712 | €61,749 | +€4,037 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €14,202 | €14,543 | +€341 | +2.4% |
| Trade debts | 44 | €8,185 | €7,477 | -€708 | -8.6% |
| Suppliers | 440/4 | €8,185 | €7,477 | -€708 | -8.6% |
| Taxes, remuneration and social security | 45 | €24,568 | €25,246 | +€678 | +2.8% |
| Taxes | 450/3 | €13,794 | €14,058 | +€265 | +1.9% |
| Remuneration and social security | 454/9 | €10,775 | €11,188 | +€413 | +3.8% |
| Other amounts payable | 47/48 | €10,756 | €14,483 | +€3,727 | +34.6% |
| Accrued charges and deferred income | 492/3 | €5,528 | €2,159 | -€3,369 | -60.9% |
| Remuneration, social security and pensions | 62 | €76,807 | €77,694 | +€888 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,530 | €24,711 | +€181 | +0.7% |
| Other operating charges | 640/8 | €6,612 | €6,696 | +€83 | +1.3% |
| Gross operating margin | 9900 | €123,381 | €106,366 | -€17,014 | -13.8% |
| Operating profit (loss) | 9901 | €15,431 | -€2,735 | -€18,166 | |
| Financial income | 75/76B | €536 | €555 | +€19 | +3.6% |
| Recurring financial income | 75 | €536 | €555 | +€19 | +3.6% |
| Financial charges | 65/66B | €8,416 | €5,486 | -€2,930 | -34.8% |
| Recurring financial charges | 65 | €8,416 | €5,486 | -€2,930 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €7,551 | -€7,666 | -€15,218 | |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | €7,551 | -€7,666 | -€15,218 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,551 | -€7,666 | -€15,218 |
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.