TRANSVIA: 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.
TRANSVIA
Largest movements
- Tangible fixed assets -€41,812
down €41,812 (-29.4%), from €142,294 to €100,482
of which Furniture and vehicles: -€35,008
- Cash +€21,777
up €21,777 (+124.3%), from €17,524 to €39,300
mainly Other debts (+€369,745) and Tax, wage and social debts (+€148,977)
- Intangible fixed assets -€5,708
down €5,708 (-28.7%), from €19,906 to €14,198
- Profit (loss) carried forward -€586,937
down €586,937 (-55.0%), from -€1.1m to -€1.7m
- Other debts +€369,745
up €369,745 (+186.8%), from €197,952 to €567,697
- Tax, wage and social debts +€148,977
up €148,977 (+18.0%), from €827,747 to €976,724
of which Remuneration and social security: +€119,293
- Trade debts +€138,495
up €138,495 (+36.0%), from €384,866 to €523,362
- Short-term financial debts -€36,923
no longer reported in 2025 (was €36,923)
- Staff costs -€175,619
down €175,619 (-11.6%), from €1.5m to €1.3m
- Gross operating margin -€71,697
down €71,697 (-7.0%), from €1.0m to €955,814
- Financial charges -€39,616
down €39,616 (-57.0%), from €69,465 to €29,849
- Write-downs -€35,137
down €35,137, from €20,685 to -€14,452
- Other operating charges -€20,322
down €20,322 (-18.4%), from €110,383 to €90,060
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 | €511,726 | €486,767 | -€24,959 | -4.9% |
| Fixed assets | 21/28 | €170,820 | €127,550 | -€43,270 | -25.3% |
| Intangible fixed assets | 21 | €19,906 | €14,198 | -€5,708 | -28.7% |
| Tangible fixed assets | 22/27 | €142,294 | €100,482 | -€41,812 | -29.4% |
| Plant, machinery and equipment | 23 | €51,209 | €44,404 | -€6,804 | -13.3% |
| Furniture and vehicles | 24 | €91,085 | €56,078 | -€35,008 | -38.4% |
| Financial fixed assets | 28 | €8,620 | €12,870 | +€4,250 | +49.3% |
| Current assets | 29/58 | €340,906 | €359,218 | +€18,312 | +5.4% |
| Stocks and contracts in progress | 3 | €4,500 | €4,500 | = | 0.0% |
| Stocks | 30/36 | €4,500 | €4,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €253,365 | €253,982 | +€617 | +0.2% |
| Trade receivables | 40 | €193,015 | €226,718 | +€33,703 | +17.5% |
| Other amounts receivable | 41 | €60,350 | €27,263 | -€33,086 | -54.8% |
| Cash at bank and in hand | 54/58 | €17,524 | €39,300 | +€21,777 | +124.3% |
| Deferred charges and accrued income | 490/1 | €65,518 | €61,436 | -€4,082 | -6.2% |
| Total equity and liabilities | 10/49 | €511,726 | €486,767 | -€24,959 | -4.9% |
| Equity | 10/15 | -€1,047,683 | -€1,634,620 | -€586,937 | -56.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,066,683 | -€1,653,620 | -€586,937 | -55.0% |
| Amounts payable | 17/49 | €1,559,409 | €2,121,387 | +€561,978 | +36.0% |
| Amounts payable after more than one year | 17 | €53,002 | €18,807 | -€34,195 | -64.5% |
| Financial debts | 170/4 | €53,002 | €18,807 | -€34,195 | -64.5% |
| Amounts payable within one year | 42/48 | €1,505,658 | €2,101,977 | +€596,319 | +39.6% |
| Current portion of amounts payable after more than one year | 42 | €58,171 | €34,195 | -€23,976 | -41.2% |
| Financial debts | 43 | €36,923 | - | -€36,923 | |
| Credit institutions | 430/8 | €36,923 | - | -€36,923 | |
| Trade debts | 44 | €384,866 | €523,362 | +€138,495 | +36.0% |
| Suppliers | 440/4 | €384,866 | €523,362 | +€138,495 | +36.0% |
| Taxes, remuneration and social security | 45 | €827,747 | €976,724 | +€148,977 | +18.0% |
| Taxes | 450/3 | €306,596 | €336,279 | +€29,684 | +9.7% |
| Remuneration and social security | 454/9 | €521,151 | €640,444 | +€119,293 | +22.9% |
| Other amounts payable | 47/48 | €197,952 | €567,697 | +€369,745 | +186.8% |
| Accrued charges and deferred income | 492/3 | €748 | €603 | -€145 | -19.4% |
| Non-recurring operating income | 76A | €22,700 | €4,609 | -€18,091 | -79.7% |
| Remuneration, social security and pensions | 62 | €1,517,711 | €1,342,092 | -€175,619 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,802 | €73,083 | -€2,719 | -3.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,685 | -€14,452 | -€35,137 | |
| Other operating charges | 640/8 | €110,383 | €90,060 | -€20,322 | -18.4% |
| Non-recurring operating charges | 66A | €67,699 | €26,219 | -€41,480 | -61.3% |
| Gross operating margin | 9900 | €1,027,510 | €955,814 | -€71,697 | -7.0% |
| Operating profit (loss) | 9901 | -€764,769 | -€561,189 | +€203,580 | +26.6% |
| Financial income | 75/76B | €142 | €4,973 | +€4,830 | +3397.6% |
| Recurring financial income | 75 | €142 | €4,973 | +€4,830 | +3397.6% |
| Financial charges | 65/66B | €69,465 | €29,849 | -€39,616 | -57.0% |
| Recurring financial charges | 65 | €69,465 | €29,849 | -€39,616 | -57.0% |
| Profit (loss) for the period before taxes | 9903 | -€834,091 | -€586,065 | +€248,026 | +29.7% |
| Income taxes | 67/77 | €814 | €872 | +€58 | +7.1% |
| Profit (loss) for the period | 9904 | -€834,905 | -€586,937 | +€247,968 | +29.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€834,905 | -€586,937 | +€247,968 | +29.7% |
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 10 October 2026 via checked.be.