Translink: 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.
Translink
Largest movements
- Receivables within one year +€44,853
new in 2025: €44,853
- Receivables after one year -€40,498
no longer reported in 2025 (was €40,498)
- Trade debts +€6,298
up €6,298 (+18.5%), from €34,072 to €40,369
- Taxes -€7,280
down €7,280 (-81.8%), from €8,900 to €1,620
- Gross operating margin +€6,745
up €6,745 (+97.2%), from -€6,938 to -€193
- Financial income +€574
up €574 (+3,497%), from €16 to €590
- Other operating charges -€283
down €283 (-47.7%), from €592 to €310
- Financial charges +€160
up €160 (+97.8%), from €164 to €325
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 | €212,698 | €218,737 | +€6,039 | +2.8% |
| Fixed assets | 21/28 | €450 | €450 | = | 0.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €212,248 | €218,287 | +€6,039 | +2.8% |
| Amounts receivable after more than one year | 29 | €40,498 | - | -€40,498 | |
| Trade receivables | 290 | €40,498 | - | -€40,498 | |
| Amounts receivable within one year | 40/41 | - | €44,853 | +€44,853 | |
| Trade receivables | 40 | - | €44,853 | +€44,853 | |
| Current investments | 50/53 | €105,688 | €105,688 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,062 | €67,745 | +€1,683 | +2.5% |
| Total equity and liabilities | 10/49 | €212,698 | €218,737 | +€6,039 | +2.8% |
| Equity | 10/15 | €175,485 | €173,627 | -€1,858 | -1.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €6,192 | €6,192 | = | 0.0% |
| Reserves | 13 | €59,017 | €59,017 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €57,158 | €57,158 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,067 | €102,209 | -€1,858 | -1.8% |
| Amounts payable | 17/49 | €37,213 | €45,110 | +€7,896 | +21.2% |
| Amounts payable within one year | 42/48 | €37,213 | €45,110 | +€7,896 | +21.2% |
| Trade debts | 44 | €34,072 | €40,369 | +€6,298 | +18.5% |
| Suppliers | 440/4 | €34,072 | €40,369 | +€6,298 | +18.5% |
| Taxes, remuneration and social security | 45 | €2,924 | €4,740 | +€1,817 | +62.1% |
| Taxes | 450/3 | €495 | €1,085 | +€589 | +119% |
| Remuneration and social security | 454/9 | €2,428 | €3,655 | +€1,227 | +50.5% |
| Other amounts payable | 47/48 | €218 | €0 | -€218 | -100% |
| Other operating charges | 640/8 | €592 | €310 | -€283 | -47.7% |
| Gross operating margin | 9900 | -€6,938 | -€193 | +€6,745 | +97.2% |
| Operating profit (loss) | 9901 | -€7,531 | -€503 | +€7,028 | +93.3% |
| Financial income | 75/76B | €16 | €590 | +€574 | +3,497% |
| Recurring financial income | 75 | €16 | €590 | +€574 | +3,497% |
| Financial charges | 65/66B | €164 | €325 | +€160 | +97.8% |
| Recurring financial charges | 65 | €164 | €325 | +€160 | +97.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,678 | -€237 | +€7,441 | +96.9% |
| Income taxes | 67/77 | €8,900 | €1,620 | -€7,280 | -81.8% |
| Profit (loss) for the period | 9904 | -€16,578 | -€1,858 | +€14,721 | +88.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,578 | -€1,858 | +€14,721 | +88.8% |
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.