TRANSFORMA-VITE: 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.
TRANSFORMA-VITE
Largest movements
- Receivables within one year -€11,801
down €11,801 (-43.2%), from €27,287 to €15,486
of which Trade receivables: -€13,314
- Cash +€11,222
up €11,222 (+483%), from €2,321 to €13,543
mainly Receivables within one year (+€11,801) and Depreciation (+€2,540)
- Tangible fixed assets -€2,540
down €2,540 (-47.4%), from €5,358 to €2,818
- Deferred charges and accrued income -€1,070
down €1,070 (-100%), from €1,070 to €0
- Profit (loss) carried forward -€2,803
down €2,803 (-31.0%), from €9,041 to €6,238
- Advances received -€2,057
down €2,057 (-48.4%), from €4,250 to €2,193
- Trade debts +€401
up €401 (+40.3%), from €996 to €1,397
- Gross operating margin -€4,318
down €4,318 (-86.2%), from €5,011 to €693
- Other operating charges -€1,495
down €1,495 (-67.8%), from €2,205 to €710
- Financial income -€307
down €307 (-100%), from €307 to €0
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 | €36,037 | €31,847 | -€4,189 | -11.6% |
| Fixed assets | 21/28 | €5,358 | €2,818 | -€2,540 | -47.4% |
| Tangible fixed assets | 22/27 | €5,358 | €2,818 | -€2,540 | -47.4% |
| Furniture and vehicles | 24 | €5,358 | €2,818 | -€2,540 | -47.4% |
| Current assets | 29/58 | €30,678 | €29,029 | -€1,649 | -5.4% |
| Amounts receivable within one year | 40/41 | €27,287 | €15,486 | -€11,801 | -43.2% |
| Trade receivables | 40 | €18,598 | €5,284 | -€13,314 | -71.6% |
| Other amounts receivable | 41 | €8,688 | €10,201 | +€1,513 | +17.4% |
| Cash at bank and in hand | 54/58 | €2,321 | €13,543 | +€11,222 | +483% |
| Deferred charges and accrued income | 490/1 | €1,070 | €0 | -€1,070 | -100% |
| Total equity and liabilities | 10/49 | €36,037 | €31,847 | -€4,189 | -11.6% |
| Equity | 10/15 | €30,791 | €27,987 | -€2,803 | -9.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,158 | €3,158 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €3,158 | €3,158 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,041 | €6,238 | -€2,803 | -31.0% |
| Amounts payable | 17/49 | €5,246 | €3,860 | -€1,386 | -26.4% |
| Amounts payable within one year | 42/48 | €5,246 | €3,660 | -€1,586 | -30.2% |
| Trade debts | 44 | €996 | €1,397 | +€401 | +40.3% |
| Suppliers | 440/4 | €996 | €1,397 | +€401 | +40.3% |
| Advances received on contracts in progress | 46 | €4,250 | €2,193 | -€2,057 | -48.4% |
| Taxes, remuneration and social security | 45 | €0 | €70 | +€70 | |
| Taxes | 450/3 | €0 | €70 | +€70 | |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,540 | €2,540 | = | 0.0% |
| Other operating charges | 640/8 | €2,205 | €710 | -€1,495 | -67.8% |
| Gross operating margin | 9900 | €5,011 | €693 | -€4,318 | -86.2% |
| Operating profit (loss) | 9901 | €266 | -€2,557 | -€2,823 | |
| Financial income | 75/76B | €307 | €0 | -€307 | -100% |
| Recurring financial income | 75 | €307 | €0 | -€307 | -100% |
| Financial charges | 65/66B | €281 | €247 | -€34 | -12.0% |
| Recurring financial charges | 65 | €281 | €247 | -€34 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €293 | -€2,803 | -€3,097 | |
| Profit (loss) for the period | 9904 | €293 | -€2,803 | -€3,097 | |
| Profit (loss) for the period to be appropriated | 9905 | €293 | -€2,803 | -€3,097 |
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 1 November 2026 via checked.be.