Traverma: 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.
Traverma
Largest movements
- Tangible fixed assets +€173,551
up €173,551 (+43.5%), from €398,602 to €572,153
of which Leasing and similar rights: +€204,974
- Receivables within one year -€31,454
down €31,454 (-9.4%), from €334,496 to €303,042
of which Trade receivables: -€21,463
- Cash +€29,661
up €29,661 (+29.4%), from €100,784 to €130,444
mainly Depreciation (+€224,388) and Debts after one year (+€143,380)
- Debts after one year +€143,380
up €143,380 (+60.2%), from €238,137 to €381,516
- Current portion of long-term debt +€39,223
up €39,223 (+26.4%), from €148,465 to €187,688
- Other debts -€21,261
down €21,261 (-14.5%), from €146,146 to €124,885
- Trade debts +€17,264
up €17,264 (+12.8%), from €134,630 to €151,894
- Staff costs +€138,928
up €138,928 (+56.8%), from €244,506 to €383,434
- Gross operating margin +€43,071
up €43,071 (+6.7%), from €642,749 to €685,820
- Taxes -€35,571
down €35,571 (-84.3%), from €42,184 to €6,613
- Depreciation +€35,459
up €35,459 (+18.8%), from €188,929 to €224,388
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 | €962,287 | €1,131,163 | +€168,876 | +17.5% |
| Fixed assets | 21/28 | €460,838 | €625,388 | +€164,551 | +35.7% |
| Intangible fixed assets | 21 | €61,696 | €52,696 | -€9,000 | -14.6% |
| Tangible fixed assets | 22/27 | €398,602 | €572,153 | +€173,551 | +43.5% |
| Plant, machinery and equipment | 23 | €73,699 | €44,369 | -€29,330 | -39.8% |
| Furniture and vehicles | 24 | €64,251 | €62,158 | -€2,093 | -3.3% |
| Leasing and similar rights | 25 | €260,652 | €465,626 | +€204,974 | +78.6% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €501,450 | €505,775 | +€4,325 | +0.9% |
| Amounts receivable after more than one year | 29 | €45,000 | €45,000 | = | 0.0% |
| Other amounts receivable | 291 | €45,000 | €45,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €4,188 | €6,691 | +€2,503 | +59.8% |
| Stocks | 30/36 | €4,188 | €6,691 | +€2,503 | +59.8% |
| Amounts receivable within one year | 40/41 | €334,496 | €303,042 | -€31,454 | -9.4% |
| Trade receivables | 40 | €294,260 | €272,798 | -€21,463 | -7.3% |
| Other amounts receivable | 41 | €40,236 | €30,244 | -€9,991 | -24.8% |
| Cash at bank and in hand | 54/58 | €100,784 | €130,444 | +€29,661 | +29.4% |
| Deferred charges and accrued income | 490/1 | €16,982 | €20,597 | +€3,615 | +21.3% |
| Total equity and liabilities | 10/49 | €962,287 | €1,131,163 | +€168,876 | +17.5% |
| Equity | 10/15 | €217,227 | €217,227 | = | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €197,227 | €197,227 | = | 0.0% |
| Distributable reserves | 133 | €197,227 | €197,227 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €745,060 | €913,936 | +€168,876 | +22.7% |
| Amounts payable after more than one year | 17 | €238,137 | €381,516 | +€143,380 | +60.2% |
| Financial debts | 170/4 | €238,137 | €381,516 | +€143,380 | +60.2% |
| Amounts payable within one year | 42/48 | €506,923 | €532,420 | +€25,496 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €148,465 | €187,688 | +€39,223 | +26.4% |
| Financial debts | 43 | €4,231 | €2,719 | -€1,512 | -35.7% |
| Credit institutions | 430/8 | €4,231 | €2,719 | -€1,512 | -35.7% |
| Trade debts | 44 | €134,630 | €151,894 | +€17,264 | +12.8% |
| Suppliers | 440/4 | €134,630 | €151,894 | +€17,264 | +12.8% |
| Taxes, remuneration and social security | 45 | €73,451 | €65,233 | -€8,218 | -11.2% |
| Taxes | 450/3 | €59,565 | €25,362 | -€34,203 | -57.4% |
| Remuneration and social security | 454/9 | €13,886 | €39,871 | +€25,986 | +187.1% |
| Other amounts payable | 47/48 | €146,146 | €124,885 | -€21,261 | -14.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €244,506 | €383,434 | +€138,928 | +56.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,929 | €224,388 | +€35,459 | +18.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,732 | €1,859 | -€874 | -32.0% |
| Other operating charges | 640/8 | €9,203 | €7,364 | -€1,840 | -20.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €642,749 | €685,820 | +€43,071 | +6.7% |
| Operating profit (loss) | 9901 | €197,378 | €68,776 | -€128,602 | -65.2% |
| Financial income | 75/76B | €2,064 | €1,365 | -€699 | -33.9% |
| Recurring financial income | 75 | €2,064 | €1,365 | -€699 | -33.9% |
| Financial charges | 65/66B | €11,112 | €17,688 | +€6,576 | +59.2% |
| Recurring financial charges | 65 | €11,112 | €17,688 | +€6,576 | +59.2% |
| Profit (loss) for the period before taxes | 9903 | €188,331 | €52,454 | -€135,877 | -72.1% |
| Income taxes | 67/77 | €42,184 | €6,613 | -€35,571 | -84.3% |
| Profit (loss) for the period | 9904 | €146,146 | €45,840 | -€100,306 | -68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €146,146 | €45,840 | -€100,306 | -68.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.