TTR TRANSPORTS: 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.
TTR TRANSPORTS
Largest movements
- Tangible fixed assets -€102,932
down €102,932 (-31.2%), from €329,408 to €226,476
- Receivables within one year +€75,452
up €75,452 (+188%), from €40,112 to €115,564
of which Trade receivables: +€75,452
- Cash -€15,691
down €15,691 (-40.2%), from €39,067 to €23,376
mainly Receivables within one year (-€75,452) and Net result for the year (-€36,383)
- Profit (loss) carried forward -€36,383
down €36,383 (-42.6%), from -€85,412 to -€121,796
- Debts after one year -€23,709
down €23,709 (-38.6%), from €61,473 to €37,765
- Other debts +€19,347
up €19,347 (+5.1%), from €378,622 to €397,969
- Trade debts -€14,813
down €14,813 (-64.5%), from €22,976 to €8,163
- Tax, wage and social debts +€11,282
up €11,282 (+186%), from €6,068 to €17,350
of which Taxes: +€10,459
- Gross operating margin +€60,256
up €60,256 (+61.5%), from €97,904 to €158,160
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 | €409,326 | €366,160 | -€43,166 | -10.5% |
| Fixed assets | 21/28 | €329,588 | €226,656 | -€102,932 | -31.2% |
| Tangible fixed assets | 22/27 | €329,408 | €226,476 | -€102,932 | -31.2% |
| Furniture and vehicles | 24 | €329,408 | €226,476 | -€102,932 | -31.2% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €79,738 | €139,504 | +€59,766 | +75.0% |
| Amounts receivable within one year | 40/41 | €40,112 | €115,564 | +€75,452 | +188% |
| Trade receivables | 40 | €40,112 | €115,564 | +€75,452 | +188% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €39,067 | €23,376 | -€15,691 | -40.2% |
| Deferred charges and accrued income | 490/1 | €560 | €564 | +€5 | +0.8% |
| Total equity and liabilities | 10/49 | €409,326 | €366,160 | -€43,166 | -10.5% |
| Equity | 10/15 | -€82,412 | -€118,796 | -€36,383 | -44.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,412 | -€121,796 | -€36,383 | -42.6% |
| Amounts payable | 17/49 | €491,738 | €484,956 | -€6,783 | -1.4% |
| Amounts payable after more than one year | 17 | €61,473 | €37,765 | -€23,709 | -38.6% |
| Financial debts | 170/4 | €61,473 | €37,765 | -€23,709 | -38.6% |
| Amounts payable within one year | 42/48 | €430,265 | €447,191 | +€16,926 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €22,598 | €23,709 | +€1,110 | +4.9% |
| Trade debts | 44 | €22,976 | €8,163 | -€14,813 | -64.5% |
| Suppliers | 440/4 | €22,976 | €8,163 | -€14,813 | -64.5% |
| Taxes, remuneration and social security | 45 | €6,068 | €17,350 | +€11,282 | +186% |
| Taxes | 450/3 | €1,314 | €11,773 | +€10,459 | +796% |
| Remuneration and social security | 454/9 | €4,755 | €5,578 | +€823 | +17.3% |
| Other amounts payable | 47/48 | €378,622 | €397,969 | +€19,347 | +5.1% |
| Non-recurring operating income | 76A | €58 | €1,713 | +€1,654 | +2,835% |
| Remuneration, social security and pensions | 62 | €63,289 | €63,663 | +€374 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,932 | €102,932 | -€0 | 0.0% |
| Other operating charges | 640/8 | €23,567 | €23,892 | +€325 | +1.4% |
| Gross operating margin | 9900 | €97,904 | €158,160 | +€60,256 | +61.5% |
| Operating profit (loss) | 9901 | -€91,883 | -€32,326 | +€59,557 | +64.8% |
| Financial income | 75/76B | €66 | €3 | -€63 | -95.5% |
| Recurring financial income | 75 | €66 | €3 | -€63 | -95.5% |
| Financial charges | 65/66B | €4,841 | €3,687 | -€1,154 | -23.8% |
| Recurring financial charges | 65 | €4,841 | €3,687 | -€1,154 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | -€96,658 | -€36,010 | +€60,648 | +62.7% |
| Income taxes | 67/77 | €320 | €373 | +€53 | +16.6% |
| Profit (loss) for the period | 9904 | -€96,978 | -€36,383 | +€60,594 | +62.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€96,978 | -€36,383 | +€60,594 | +62.5% |
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 31 October 2026 via checked.be.