TRANSWIT: what changed
TRANSWIT
Largest movements
- Tangible fixed assets +€87,275
up €87,275 (+79.9%), from €109,244 to €196,519
- Cash +€10,670
up €10,670 (+4.1%), from €262,395 to €273,065
mainly Debts after one year (+€85,235) and Depreciation (+€52,225)
- Receivables within one year +€6,680
up €6,680 (+21.4%), from €31,141 to €37,821
of which Other amounts receivable: +€19,858
- Profit (loss) carried forward -€111,560
down €111,560 (-100%), from €111,560 to €0
- Debts after one year +€85,235
up €85,235 (+150%), from €56,724 to €141,960
- Reserves +€83,902
up €83,902 (+48.6%), from €172,709 to €256,611
of which Distributable reserves: +€83,902
- Other debts +€27,677
up €27,677 (+254%), from €10,898 to €38,575
- Current portion of long-term debt +€27,005
up €27,005 (+101%), from €26,760 to €53,765
- Gross operating margin -€7,229
down €7,229 (-8.1%), from €89,700 to €82,470
- Taxes -€4,134
down €4,134 (-90.3%), from €4,580 to €446
- Other operating charges -€2,338
down €2,338 (-10.0%), from €23,456 to €21,118
- Depreciation +€1,403
up €1,403 (+2.8%), from €50,822 to €52,225
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €412,709 | €519,035 | +€106,326 | +25.8% |
| Fixed assets | 21/28 | €109,514 | €196,789 | +€87,275 | +79.7% |
| Tangible fixed assets | 22/27 | €109,244 | €196,519 | +€87,275 | +79.9% |
| Furniture and vehicles | 24 | €109,244 | €196,519 | +€87,275 | +79.9% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €303,195 | €322,247 | +€19,052 | +6.3% |
| Amounts receivable within one year | 40/41 | €31,141 | €37,821 | +€6,680 | +21.4% |
| Trade receivables | 40 | €30,297 | €17,119 | -€13,178 | -43.5% |
| Other amounts receivable | 41 | €844 | €20,702 | +€19,858 | +2,353% |
| Cash at bank and in hand | 54/58 | €262,395 | €273,065 | +€10,670 | +4.1% |
| Deferred charges and accrued income | 490/1 | €9,658 | €11,361 | +€1,702 | +17.6% |
| Total equity and liabilities | 10/49 | €412,709 | €519,035 | +€106,326 | +25.8% |
| Equity | 10/15 | €294,354 | €266,696 | -€27,658 | -9.4% |
| Contributions | 10/11 | €10,084 | €10,084 | = | 0.0% |
| Reserves | 13 | €172,709 | €256,611 | +€83,902 | +48.6% |
| Tax-exempt reserves | 132 | €80,750 | €80,750 | = | 0.0% |
| Distributable reserves | 133 | €91,959 | €175,861 | +€83,902 | +91.2% |
| Profit (loss) carried forward | 14 | €111,560 | €0 | -€111,560 | -100% |
| Amounts payable | 17/49 | €118,355 | €252,340 | +€133,984 | +113% |
| Amounts payable after more than one year | 17 | €56,724 | €141,960 | +€85,235 | +150% |
| Financial debts | 170/4 | €56,724 | €141,960 | +€85,235 | +150% |
| Amounts payable within one year | 42/48 | €61,631 | €110,333 | +€48,702 | +79.0% |
| Current portion of amounts payable after more than one year | 42 | €26,760 | €53,765 | +€27,005 | +101% |
| Trade debts | 44 | €9,894 | €14,431 | +€4,537 | +45.9% |
| Suppliers | 440/4 | €9,894 | €14,431 | +€4,537 | +45.9% |
| Taxes, remuneration and social security | 45 | €14,079 | €3,562 | -€10,517 | -74.7% |
| Taxes | 450/3 | €14,079 | €3,562 | -€10,517 | -74.7% |
| Other amounts payable | 47/48 | €10,898 | €38,575 | +€27,677 | +254% |
| Accrued charges and deferred income | 492/3 | - | €47 | +€47 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,822 | €52,225 | +€1,403 | +2.8% |
| Other operating charges | 640/8 | €23,456 | €21,118 | -€2,338 | -10.0% |
| Gross operating margin | 9900 | €89,700 | €82,470 | -€7,229 | -8.1% |
| Operating profit (loss) | 9901 | €15,421 | €9,126 | -€6,295 | -40.8% |
| Financial income | 75/76B | €1,253 | €918 | -€336 | -26.8% |
| Recurring financial income | 75 | €1,253 | €918 | -€336 | -26.8% |
| Financial charges | 65/66B | €4,464 | €3,663 | -€800 | -17.9% |
| Recurring financial charges | 65 | €4,464 | €3,663 | -€800 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €12,211 | €6,381 | -€5,830 | -47.7% |
| Income taxes | 67/77 | €4,580 | €446 | -€4,134 | -90.3% |
| Profit (loss) for the period | 9904 | €7,631 | €5,935 | -€1,696 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,631 | €5,935 | -€1,696 | -22.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.