transVORM: 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.
transVORM
Largest movements
- Receivables within one year +€7,937
up €7,937 (+29.9%), from €26,555 to €34,492
of which Trade receivables: +€9,492
- Deferred charges and accrued income -€7,589
down €7,589 (-80.4%), from €9,439 to €1,850
- Cash +€6,687
up €6,687 (+34.7%), from €19,297 to €25,984
mainly Deferred charges and accrued income (+€7,589) and Net result for the year (+€6,072)
- Tangible fixed assets -€2,125
down €2,125 (-40.0%), from €5,312 to €3,187
- Financial fixed assets +€1,890
new in 2025: €1,890
- Reserves +€4,294
up €4,294 (+14.4%), from €29,848 to €34,142
- Tax, wage and social debts +€2,389
up €2,389 (+40.4%), from €5,910 to €8,299
of which Taxes: +€5,389
- Trade debts -€1,977
down €1,977 (-78.8%), from €2,508 to €531
- Profit (loss) carried forward +€1,778
no longer reported in 2025 (was -€1,778)
- Gross operating margin +€7,640
up €7,640 (+471.7%), from €1,620 to €9,260
- Taxes +€2,168
up €2,168 (+1747.7%), from €124 to €2,292
- Other operating charges -€1,327
down €1,327 (-89.5%), from €1,483 to €156
- Financial income +€1,102
up €1,102 (+346.3%), from €318 to €1,420
- Depreciation +€193
up €193 (+10.0%), from €1,932 to €2,125
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 | €60,603 | €67,403 | +€6,800 | +11.2% |
| Fixed assets | 21/28 | €5,312 | €5,077 | -€235 | -4.4% |
| Tangible fixed assets | 22/27 | €5,312 | €3,187 | -€2,125 | -40.0% |
| Furniture and vehicles | 24 | €5,312 | €3,187 | -€2,125 | -40.0% |
| Financial fixed assets | 28 | - | €1,890 | +€1,890 | |
| Current assets | 29/58 | €55,291 | €62,326 | +€7,034 | +12.7% |
| Amounts receivable within one year | 40/41 | €26,555 | €34,492 | +€7,937 | +29.9% |
| Trade receivables | 40 | - | €9,492 | +€9,492 | |
| Other amounts receivable | 41 | €26,555 | €25,000 | -€1,555 | -5.9% |
| Cash at bank and in hand | 54/58 | €19,297 | €25,984 | +€6,687 | +34.7% |
| Deferred charges and accrued income | 490/1 | €9,439 | €1,850 | -€7,589 | -80.4% |
| Total equity and liabilities | 10/49 | €60,603 | €67,403 | +€6,800 | +11.2% |
| Equity | 10/15 | €48,070 | €54,142 | +€6,072 | +12.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €29,848 | €34,142 | +€4,294 | +14.4% |
| Distributable reserves | 133 | €29,848 | €34,142 | +€4,294 | +14.4% |
| Profit (loss) carried forward | 14 | -€1,778 | - | +€1,778 | |
| Amounts payable | 17/49 | €12,534 | €13,261 | +€728 | +5.8% |
| Amounts payable within one year | 42/48 | €12,534 | €13,261 | +€728 | +5.8% |
| Financial debts | 43 | €215 | €120 | -€96 | -44.5% |
| Credit institutions | 430/8 | €215 | €120 | -€96 | -44.5% |
| Trade debts | 44 | €2,508 | €531 | -€1,977 | -78.8% |
| Suppliers | 440/4 | €2,508 | €531 | -€1,977 | -78.8% |
| Taxes, remuneration and social security | 45 | €5,910 | €8,299 | +€2,389 | +40.4% |
| Taxes | 450/3 | €2,910 | €8,299 | +€5,389 | +185.2% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €3,901 | €4,312 | +€411 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,932 | €2,125 | +€193 | +10.0% |
| Other operating charges | 640/8 | €1,483 | €156 | -€1,327 | -89.5% |
| Gross operating margin | 9900 | €1,620 | €9,260 | +€7,640 | +471.7% |
| Operating profit (loss) | 9901 | -€1,795 | €6,979 | +€8,774 | |
| Financial income | 75/76B | €318 | €1,420 | +€1,102 | +346.3% |
| Recurring financial income | 75 | €318 | €1,420 | +€1,102 | +346.3% |
| Financial charges | 65/66B | €177 | €35 | -€143 | -80.4% |
| Recurring financial charges | 65 | €177 | €35 | -€143 | -80.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,654 | €8,364 | +€10,018 | |
| Income taxes | 67/77 | €124 | €2,292 | +€2,168 | +1747.7% |
| Profit (loss) for the period | 9904 | -€1,778 | €6,072 | +€7,850 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,778 | €6,072 | +€7,850 |
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.