Transfluvia: what changed
Two fiscal 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.
Transfluvia
Largest movements
- Receivables within one year -€40,460
down €40,460 (-13.7%), from €295,614 to €255,154
of which Trade receivables: -€39,012
- Cash +€13,264
up €13,264 (+7.4%), from €180,143 to €193,408
mainly Receivables within one year (+€40,460) and Net result for the year (+€4,753)
- Profit (loss) carried forward +€93,933
up €93,933 (+27.0%), from -€347,359 to -€253,425
- Reserves -€89,180
down €89,180 (-68.9%), from €129,482 to €40,302
of which Distributable reserves: -€89,180
- Other debts -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Trade debts -€12,187
down €12,187 (-40.0%), from €30,438 to €18,251
- Gross operating margin -€8,946
down €8,946 (-4.3%), from €208,257 to €199,311
- Staff costs +€6,156
up €6,156 (+3.4%), from €181,508 to €187,664
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 | €492,734 | €458,232 | -€34,503 | -7.0% |
| Fixed assets | 21/28 | €13,501 | €9,080 | -€4,421 | -32.7% |
| Tangible fixed assets | 22/27 | €12,858 | €8,437 | -€4,421 | -34.4% |
| Plant, machinery and equipment | 23 | €3,177 | €365 | -€2,812 | -88.5% |
| Other tangible fixed assets | 26 | €9,681 | €8,073 | -€1,609 | -16.6% |
| Financial fixed assets | 28 | €643 | €643 | = | 0.0% |
| Current assets | 29/58 | €479,233 | €449,151 | -€30,082 | -6.3% |
| Amounts receivable within one year | 40/41 | €295,614 | €255,154 | -€40,460 | -13.7% |
| Trade receivables | 40 | €293,547 | €254,535 | -€39,012 | -13.3% |
| Other amounts receivable | 41 | €2,066 | €619 | -€1,447 | -70.0% |
| Cash at bank and in hand | 54/58 | €180,143 | €193,408 | +€13,264 | +7.4% |
| Deferred charges and accrued income | 490/1 | €3,476 | €590 | -€2,886 | -83.0% |
| Total equity and liabilities | 10/49 | €492,734 | €458,232 | -€34,503 | -7.0% |
| Equity | 10/15 | -€103,876 | -€99,123 | +€4,753 | +4.6% |
| Contributions | 10/11 | €114,000 | €114,000 | = | 0.0% |
| Capital | 10 | €114,000 | €114,000 | = | 0.0% |
| Issued capital | 100 | €114,000 | €114,000 | = | 0.0% |
| Reserves | 13 | €129,482 | €40,302 | -€89,180 | -68.9% |
| Non-distributable reserves | 130/1 | €11,400 | €11,400 | = | 0.0% |
| Legal reserve | 130 | €11,400 | €11,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,902 | €28,902 | = | 0.0% |
| Distributable reserves | 133 | €89,180 | €0 | -€89,180 | -100.0% |
| Profit (loss) carried forward | 14 | -€347,359 | -€253,425 | +€93,933 | +27.0% |
| Provisions and deferred taxes | 16 | €516,021 | €516,021 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €516,021 | €516,021 | = | 0.0% |
| Other liabilities and charges | 164/5 | €516,021 | €516,021 | = | 0.0% |
| Amounts payable | 17/49 | €80,590 | €41,334 | -€39,256 | -48.7% |
| Amounts payable within one year | 42/48 | €80,590 | €41,334 | -€39,256 | -48.7% |
| Trade debts | 44 | €30,438 | €18,251 | -€12,187 | -40.0% |
| Suppliers | 440/4 | €30,438 | €18,251 | -€12,187 | -40.0% |
| Taxes, remuneration and social security | 45 | €25,152 | €23,083 | -€2,069 | -8.2% |
| Taxes | 450/3 | €2,867 | €0 | -€2,867 | -100.0% |
| Remuneration and social security | 454/9 | €22,286 | €23,083 | +€798 | +3.6% |
| Other amounts payable | 47/48 | €25,000 | €0 | -€25,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €181,508 | €187,664 | +€6,156 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,683 | €4,421 | -€262 | -5.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,794 | €1,221 | -€573 | -32.0% |
| Gross operating margin | 9900 | €208,257 | €199,311 | -€8,946 | -4.3% |
| Operating profit (loss) | 9901 | €20,272 | €6,005 | -€14,266 | -70.4% |
| Financial income | 75/76B | €844 | €331 | -€513 | -60.8% |
| Recurring financial income | 75 | €844 | €331 | -€513 | -60.8% |
| Financial charges | 65/66B | €2,797 | €1,583 | -€1,213 | -43.4% |
| Recurring financial charges | 65 | €2,797 | €1,583 | -€1,213 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | €18,319 | €4,753 | -€13,566 | -74.1% |
| Profit (loss) for the period | 9904 | €18,319 | €4,753 | -€13,566 | -74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,319 | €4,753 | -€13,566 | -74.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.