TRANTEX: what changed
TRANTEX
Largest movements
- Tangible fixed assets -€15,719
down €15,719 (-12.1%), from €130,269 to €114,551
of which Furniture and vehicles: -€25,176
- Receivables within one year -€9,582
down €9,582 (-50.9%), from €18,814 to €9,231
of which Trade receivables: -€11,582
- Cash +€3,754
up €3,754 (+13.2%), from €28,494 to €32,248
mainly Depreciation (+€32,499) and Net result for the year (+€18,253)
- Debts after one year -€33,531
down €33,531 (-39.5%), from €84,934 to €51,402
- Profit (loss) carried forward +€15,888
no longer reported in 2025 (was -€15,888)
- Trade debts -€10,346
down €10,346 (-85.7%), from €12,073 to €1,728
- Other debts +€4,993
up €4,993 (+9.0%), from €55,521 to €60,513
- Reserves +€2,365
up €2,365 (+127%), from €1,860 to €4,225
of which Distributable reserves: +€2,365
- Gross operating margin +€14,855
up €14,855 (+24.1%), from €61,588 to €76,443
- Financial charges -€6,742
down €6,742 (-63.0%), from €10,703 to €3,961
- Other operating charges +€3,190
up €3,190 (+16.2%), from €19,650 to €22,840
- Financial income +€1,340
up €1,340 (+22,146%), from €6 to €1,346
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €186,964 | €165,373 | -€21,591 | -11.5% |
| Fixed assets | 21/28 | €131,447 | €115,729 | -€15,719 | -12.0% |
| Tangible fixed assets | 22/27 | €130,269 | €114,551 | -€15,719 | -12.1% |
| Plant, machinery and equipment | 23 | €2,667 | €33,610 | +€30,943 | +1,160% |
| Furniture and vehicles | 24 | €31,562 | €6,386 | -€25,176 | -79.8% |
| Leasing and similar rights | 25 | €96,041 | €74,555 | -€21,486 | -22.4% |
| Financial fixed assets | 28 | €1,178 | €1,178 | = | 0.0% |
| Current assets | 29/58 | €55,517 | €49,645 | -€5,872 | -10.6% |
| Stocks and contracts in progress | 3 | €8,209 | €8,166 | -€43 | -0.5% |
| Contracts in progress | 37 | €8,209 | €8,166 | -€43 | -0.5% |
| Amounts receivable within one year | 40/41 | €18,814 | €9,231 | -€9,582 | -50.9% |
| Trade receivables | 40 | €18,814 | €7,231 | -€11,582 | -61.6% |
| Other amounts receivable | 41 | - | €2,000 | +€2,000 | |
| Cash at bank and in hand | 54/58 | €28,494 | €32,248 | +€3,754 | +13.2% |
| Total equity and liabilities | 10/49 | €186,964 | €165,373 | -€21,591 | -11.5% |
| Equity | 10/15 | €4,572 | €22,825 | +€18,253 | +399% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €4,225 | +€2,365 | +127% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €2,365 | +€2,365 | |
| Profit (loss) carried forward | 14 | -€15,888 | - | +€15,888 | |
| Amounts payable | 17/49 | €182,391 | €142,548 | -€39,843 | -21.8% |
| Amounts payable after more than one year | 17 | €84,934 | €51,402 | -€33,531 | -39.5% |
| Financial debts | 170/4 | €84,934 | €51,402 | -€33,531 | -39.5% |
| Amounts payable within one year | 42/48 | €97,458 | €91,146 | -€6,312 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €26,520 | €26,460 | -€60 | -0.2% |
| Trade debts | 44 | €12,073 | €1,728 | -€10,346 | -85.7% |
| Suppliers | 440/4 | €12,073 | €1,728 | -€10,346 | -85.7% |
| Taxes, remuneration and social security | 45 | €3,344 | €2,445 | -€899 | -26.9% |
| Taxes | 450/3 | €3,344 | €2,445 | -€899 | -26.9% |
| Other amounts payable | 47/48 | €55,521 | €60,513 | +€4,993 | +9.0% |
| Non-recurring operating income | 76A | - | €5,706 | +€5,706 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,870 | €32,499 | +€629 | +2.0% |
| Other operating charges | 640/8 | €19,650 | €22,840 | +€3,190 | +16.2% |
| Gross operating margin | 9900 | €61,588 | €76,443 | +€14,855 | +24.1% |
| Operating profit (loss) | 9901 | €10,069 | €21,105 | +€11,035 | +110% |
| Financial income | 75/76B | €6 | €1,346 | +€1,340 | +22,146% |
| Recurring financial income | 75 | €6 | €1,346 | +€1,340 | +22,146% |
| Financial charges | 65/66B | €10,703 | €3,961 | -€6,742 | -63.0% |
| Recurring financial charges | 65 | €10,703 | €3,961 | -€6,742 | -63.0% |
| Profit (loss) for the period before taxes | 9903 | -€628 | €18,489 | +€19,117 | |
| Income taxes | 67/77 | - | €237 | +€237 | |
| Profit (loss) for the period | 9904 | -€628 | €18,253 | +€18,880 | |
| Profit (loss) for the period to be appropriated | 9905 | -€628 | €18,253 | +€18,880 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.