TRANSLIGHT: what changed
TRANSLIGHT
Largest movements
- Tangible fixed assets -€63,170
down €63,170 (-25.2%), from €250,633 to €187,463
of which Furniture and vehicles: -€61,626
- Cash -€7,237
no longer reported in 2025 (was €7,237)
mainly Debts after one year (-€137,720) and Net result for the year (-€10,328)
- Deferred charges and accrued income -€2,654
no longer reported in 2025 (was €2,654)
- Debts after one year -€137,720
no longer reported in 2025 (was €137,720)
- Other debts +€84,058
new in 2025: €84,058
- Profit (loss) carried forward -€10,328
down €10,328 (-53.2%), from -€19,404 to -€29,732
- Tax, wage and social debts -€5,282
down €5,282 (-97.0%), from €5,443 to €161
- Trade debts -€3,789
down €3,789 (-75.4%), from €5,026 to €1,237
- Depreciation -€19,715
down €19,715 (-92.7%), from €21,258 to €1,543
- Gross operating margin -€17,533
down €17,533 (-51.0%), from €34,375 to €16,842
- Other operating charges -€11,329
down €11,329 (-59.9%), from €18,909 to €7,580
- Financial charges -€4,965
down €4,965 (-47.6%), from €10,421 to €5,456
- Taxes -€402
down €402 (-69.8%), from €576 to €174
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 | €260,524 | €187,463 | -€73,061 | -28.0% |
| Fixed assets | 21/28 | €250,633 | €187,463 | -€63,170 | -25.2% |
| Tangible fixed assets | 22/27 | €250,633 | €187,463 | -€63,170 | -25.2% |
| Land and buildings | 22 | €189,007 | €187,463 | -€1,544 | -0.8% |
| Furniture and vehicles | 24 | €61,626 | - | -€61,626 | |
| Current assets | 29/58 | €9,891 | - | -€9,891 | |
| Cash at bank and in hand | 54/58 | €7,237 | - | -€7,237 | |
| Deferred charges and accrued income | 490/1 | €2,654 | - | -€2,654 | |
| Total equity and liabilities | 10/49 | €260,524 | €187,463 | -€73,061 | -28.0% |
| Equity | 10/15 | €112,334 | €102,007 | -€10,327 | -9.2% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Reserves | 13 | €113,147 | €113,147 | +€0 | 0.0% |
| Distributable reserves | 133 | €113,147 | €113,147 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€19,404 | -€29,732 | -€10,328 | -53.2% |
| Amounts payable | 17/49 | €148,189 | €85,456 | -€62,733 | -42.3% |
| Amounts payable after more than one year | 17 | €137,720 | - | -€137,720 | |
| Other amounts payable | 178/9 | €137,720 | - | -€137,720 | |
| Amounts payable within one year | 42/48 | €10,469 | €85,456 | +€74,987 | +716% |
| Trade debts | 44 | €5,026 | €1,237 | -€3,789 | -75.4% |
| Suppliers | 440/4 | €5,026 | €1,237 | -€3,789 | -75.4% |
| Taxes, remuneration and social security | 45 | €5,443 | €161 | -€5,282 | -97.0% |
| Taxes | 450/3 | €5,443 | €161 | -€5,282 | -97.0% |
| Other amounts payable | 47/48 | - | €84,058 | +€84,058 | |
| Non-recurring operating income | 76A | €112,162 | €5,874 | -€106,288 | -94.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,258 | €1,543 | -€19,715 | -92.7% |
| Other operating charges | 640/8 | €18,909 | €7,580 | -€11,329 | -59.9% |
| Non-recurring operating charges | 66A | - | €12,417 | +€12,417 | |
| Gross operating margin | 9900 | €34,375 | €16,842 | -€17,533 | -51.0% |
| Operating profit (loss) | 9901 | -€5,792 | -€4,698 | +€1,094 | +18.9% |
| Financial charges | 65/66B | €10,421 | €5,456 | -€4,965 | -47.6% |
| Recurring financial charges | 65 | €10,421 | €5,456 | -€4,965 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,213 | -€10,154 | +€6,059 | +37.4% |
| Income taxes | 67/77 | €576 | €174 | -€402 | -69.8% |
| Profit (loss) for the period | 9904 | -€16,788 | -€10,328 | +€6,460 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,788 | -€10,328 | +€6,460 | +38.5% |
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 3 November 2026 via checked.be.