TRANSVIA IMMO: 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 IMMO
Largest movements
- Cash -€78,665
down €78,665 (-40.8%), from €192,826 to €114,161
mainly Investment in fixed assets (net) (-€93,396) and Trade debts (-€45,268)
- Receivables within one year -€77,050
down €77,050 (-75.3%), from €102,335 to €25,285
of which Trade receivables: -€45,553
- Tangible fixed assets +€56,795
up €56,795 (+14.8%), from €382,630 to €439,425
of which Furniture and vehicles: +€63,471
- Trade debts -€45,268
down €45,268 (-87.9%), from €51,520 to €6,252
- Debts after one year -€22,427
down €22,427 (-9.8%), from €227,698 to €205,272
of which Other amounts payable: -€50,000
- Tax, wage and social debts -€19,563
down €19,563 (-54.2%), from €36,111 to €16,549
- Profit (loss) carried forward -€10,215
new in 2025: -€10,215
- Gross operating margin -€121,870
down €121,870 (-67.4%), from €180,784 to €58,914
- Taxes -€20,842
down €20,842 (-67.6%), from €30,829 to €9,987
- Financial charges -€8,623
down €8,623 (-81.2%), from €10,620 to €1,998
- Depreciation -€3,179
down €3,179 (-8.0%), from €39,780 to €36,602
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 | €681,027 | €582,892 | -€98,135 | -14.4% |
| Fixed assets | 21/28 | €382,630 | €439,425 | +€56,795 | +14.8% |
| Tangible fixed assets | 22/27 | €382,630 | €439,425 | +€56,795 | +14.8% |
| Land and buildings | 22 | €382,630 | €375,954 | -€6,676 | -1.7% |
| Furniture and vehicles | 24 | - | €63,471 | +€63,471 | |
| Current assets | 29/58 | €298,397 | €143,467 | -€154,930 | -51.9% |
| Amounts receivable within one year | 40/41 | €102,335 | €25,285 | -€77,050 | -75.3% |
| Trade receivables | 40 | €62,914 | €17,361 | -€45,553 | -72.4% |
| Other amounts receivable | 41 | €39,421 | €7,924 | -€31,498 | -79.9% |
| Current investments | 50/53 | €2,972 | €2,972 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €192,826 | €114,161 | -€78,665 | -40.8% |
| Deferred charges and accrued income | 490/1 | €264 | €1,049 | +€785 | +297% |
| Total equity and liabilities | 10/49 | €681,027 | €582,892 | -€98,135 | -14.4% |
| Equity | 10/15 | €329,494 | €318,134 | -€11,360 | -3.4% |
| Contributions | 10/11 | €68,200 | €68,200 | = | 0.0% |
| Revaluation surpluses | 12 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €101,130 | €101,130 | = | 0.0% |
| Distributable reserves | 133 | €101,130 | €101,130 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,215 | -€10,215 | |
| Investment grants | 15 | €10,165 | €9,020 | -€1,145 | -11.3% |
| Amounts payable | 17/49 | €351,533 | €264,758 | -€86,775 | -24.7% |
| Amounts payable after more than one year | 17 | €227,698 | €205,272 | -€22,427 | -9.8% |
| Financial debts | 170/4 | €42,698 | €70,272 | +€27,573 | +64.6% |
| Other amounts payable | 178/9 | €185,000 | €135,000 | -€50,000 | -27.0% |
| Amounts payable within one year | 42/48 | €123,835 | €59,486 | -€64,349 | -52.0% |
| Current portion of amounts payable after more than one year | 42 | €14,189 | €18,529 | +€4,341 | +30.6% |
| Trade debts | 44 | €51,520 | €6,252 | -€45,268 | -87.9% |
| Suppliers | 440/4 | €51,520 | €6,252 | -€45,268 | -87.9% |
| Taxes, remuneration and social security | 45 | €36,111 | €16,549 | -€19,563 | -54.2% |
| Taxes | 450/3 | €36,111 | €16,549 | -€19,563 | -54.2% |
| Other amounts payable | 47/48 | €22,015 | €18,156 | -€3,859 | -17.5% |
| Non-recurring operating income | 76A | - | €21,548 | +€21,548 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,780 | €36,602 | -€3,179 | -8.0% |
| Other operating charges | 640/8 | €20,542 | €22,085 | +€1,543 | +7.5% |
| Gross operating margin | 9900 | €180,784 | €58,914 | -€121,870 | -67.4% |
| Operating profit (loss) | 9901 | €120,462 | €228 | -€120,234 | -99.8% |
| Financial income | 75/76B | €1,146 | €1,541 | +€395 | +34.5% |
| Recurring financial income | 75 | €1,146 | €1,541 | +€395 | +34.5% |
| Financial charges | 65/66B | €10,620 | €1,998 | -€8,623 | -81.2% |
| Recurring financial charges | 65 | €10,620 | €1,998 | -€8,623 | -81.2% |
| Profit (loss) for the period before taxes | 9903 | €110,987 | -€228 | -€111,216 | |
| Income taxes | 67/77 | €30,829 | €9,987 | -€20,842 | -67.6% |
| Profit (loss) for the period | 9904 | €80,158 | -€10,215 | -€90,374 | |
| Profit (loss) for the period to be appropriated | 9905 | €80,158 | -€10,215 | -€90,374 |
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 15 October 2026 via checked.be.