TV-TRANS: 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.
TV-TRANS
Largest movements
- Cash +€175,997
up €175,997 (+95.1%), from €184,973 to €360,970
mainly Current investments (+€125,000) and Net result for the year (+€49,046)
- Current investments -€125,000
down €125,000 (-100%), from €125,000 to €0
- Tangible fixed assets -€42,895
down €42,895 (-42.2%), from €101,634 to €58,739
of which Furniture and vehicles: -€42,895
- Reserves +€22,639
up €22,639 (+5.9%), from €385,281 to €407,920
- Trade debts -€8,502
down €8,502 (-21.7%), from €39,113 to €30,610
- Tax, wage and social debts -€6,360
down €6,360 (-51.9%), from €12,254 to €5,894
- Gross operating margin -€59,892
down €59,892 (-33.8%), from €177,016 to €117,124
- Taxes -€17,683
down €17,683 (-45.2%), from €39,121 to €21,438
- Depreciation +€2,926
up €2,926 (+7.3%), from €39,969 to €42,895
- Financial income +€2,754
up €2,754 (+202%), from €1,366 to €4,120
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 | €536,985 | €544,596 | +€7,611 | +1.4% |
| Fixed assets | 21/28 | €101,923 | €59,028 | -€42,895 | -42.1% |
| Tangible fixed assets | 22/27 | €101,634 | €58,739 | -€42,895 | -42.2% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €101,634 | €58,739 | -€42,895 | -42.2% |
| Financial fixed assets | 28 | €289 | €289 | = | 0.0% |
| Current assets | 29/58 | €435,062 | €485,568 | +€50,506 | +11.6% |
| Stocks and contracts in progress | 3 | €2,250 | €2,250 | = | 0.0% |
| Stocks | 30/36 | €2,250 | €2,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €116,484 | €115,267 | -€1,217 | -1.0% |
| Trade receivables | 40 | €91,131 | €75,606 | -€15,525 | -17.0% |
| Other amounts receivable | 41 | €25,354 | €39,661 | +€14,308 | +56.4% |
| Current investments | 50/53 | €125,000 | €0 | -€125,000 | -100% |
| Cash at bank and in hand | 54/58 | €184,973 | €360,970 | +€175,997 | +95.1% |
| Deferred charges and accrued income | 490/1 | €6,355 | €7,081 | +€726 | +11.4% |
| Total equity and liabilities | 10/49 | €536,985 | €544,596 | +€7,611 | +1.4% |
| Equity | 10/15 | €485,281 | €507,920 | +€22,639 | +4.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €385,281 | €407,920 | +€22,639 | +5.9% |
| Distributable reserves | 133 | €385,281 | €407,920 | +€22,639 | +5.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €51,704 | €36,676 | -€15,028 | -29.1% |
| Amounts payable within one year | 42/48 | €51,366 | €36,504 | -€14,862 | -28.9% |
| Trade debts | 44 | €39,113 | €30,610 | -€8,502 | -21.7% |
| Suppliers | 440/4 | €39,113 | €30,610 | -€8,502 | -21.7% |
| Taxes, remuneration and social security | 45 | €12,254 | €5,894 | -€6,360 | -51.9% |
| Taxes | 450/3 | €12,254 | €5,894 | -€6,360 | -51.9% |
| Accrued charges and deferred income | 492/3 | €338 | €172 | -€166 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,969 | €42,895 | +€2,926 | +7.3% |
| Other operating charges | 640/8 | €7,430 | €7,345 | -€85 | -1.1% |
| Gross operating margin | 9900 | €177,016 | €117,124 | -€59,892 | -33.8% |
| Operating profit (loss) | 9901 | €129,617 | €66,884 | -€62,733 | -48.4% |
| Financial income | 75/76B | €1,366 | €4,120 | +€2,754 | +202% |
| Recurring financial income | 75 | €1,366 | €4,120 | +€2,754 | +202% |
| Financial charges | 65/66B | €610 | €519 | -€91 | -14.9% |
| Recurring financial charges | 65 | €610 | €519 | -€91 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €130,373 | €70,484 | -€59,889 | -45.9% |
| Income taxes | 67/77 | €39,121 | €21,438 | -€17,683 | -45.2% |
| Profit (loss) for the period | 9904 | €91,252 | €49,046 | -€42,206 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €91,252 | €49,046 | -€42,206 | -46.3% |
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 15 October 2026 via checked.be.