MTM TRANSIMMO: 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.
MTM TRANSIMMO
Largest movements
- Tangible fixed assets -€43,171
down €43,171 (-14.9%), from €290,469 to €247,299
of which Furniture and vehicles: -€44,868
- Receivables within one year -€20,358
down €20,358 (-43.1%), from €47,193 to €26,835
of which Other amounts receivable: -€23,728
- Cash -€18,940
down €18,940 (-41.1%), from €46,050 to €27,110
mainly Net result for the year (-€89,441) and Debts after one year (-€56,362)
- Deferred charges and accrued income +€7,067
new in 2025: €7,067
- Profit (loss) carried forward -€89,441
down €89,441, from €26,959 to -€62,482
- Other debts +€69,665
new in 2025: €69,665
- Debts after one year -€56,362
down €56,362 (-21.8%), from €258,010 to €201,649
- Turnover -€214,332
down €214,332 (-42.8%), from €500,892 to €286,560
- Gross operating margin -€145,378
down €145,378 (-60.7%), from €239,397 to €94,019
- Purchases and services -€68,954
down €68,954 (-26.4%), from €261,495 to €192,541
- Staff costs -€22,813
down €22,813 (-16.1%), from €141,732 to €118,919
- Depreciation +€11,853
up €11,853 (+37.8%), from €31,327 to €43,179
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 | €383,712 | €308,311 | -€75,402 | -19.7% |
| Fixed assets | 21/28 | €290,469 | €247,299 | -€43,171 | -14.9% |
| Tangible fixed assets | 22/27 | €290,469 | €247,299 | -€43,171 | -14.9% |
| Plant, machinery and equipment | 23 | - | €1,697 | +€1,697 | |
| Furniture and vehicles | 24 | €290,469 | €245,602 | -€44,868 | -15.4% |
| Current assets | 29/58 | €93,243 | €61,012 | -€32,231 | -34.6% |
| Amounts receivable within one year | 40/41 | €47,193 | €26,835 | -€20,358 | -43.1% |
| Trade receivables | 40 | €23,466 | €26,835 | +€3,369 | +14.4% |
| Other amounts receivable | 41 | €23,728 | - | -€23,728 | |
| Cash at bank and in hand | 54/58 | €46,050 | €27,110 | -€18,940 | -41.1% |
| Deferred charges and accrued income | 490/1 | - | €7,067 | +€7,067 | |
| Total equity and liabilities | 10/49 | €383,712 | €308,311 | -€75,402 | -19.7% |
| Equity | 10/15 | €51,251 | -€38,191 | -€89,441 | |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €291 | €291 | = | 0.0% |
| Non-distributable reserves | 130/1 | €291 | €291 | = | 0.0% |
| Reserves not available under the articles | 1311 | €291 | €291 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,959 | -€62,482 | -€89,441 | |
| Amounts payable | 17/49 | €332,462 | €346,501 | +€14,040 | +4.2% |
| Amounts payable after more than one year | 17 | €258,010 | €201,649 | -€56,362 | -21.8% |
| Financial debts | 170/4 | €258,010 | €201,649 | -€56,362 | -21.8% |
| Amounts payable within one year | 42/48 | €74,452 | €144,853 | +€70,401 | +94.6% |
| Current portion of amounts payable after more than one year | 42 | €53,765 | €56,362 | +€2,597 | +4.8% |
| Trade debts | 44 | €10,413 | €8,620 | -€1,793 | -17.2% |
| Suppliers | 440/4 | €10,413 | €8,620 | -€1,793 | -17.2% |
| Taxes, remuneration and social security | 45 | €10,274 | €10,207 | -€67 | -0.7% |
| Taxes | 450/3 | - | €1,218 | +€1,218 | |
| Remuneration and social security | 454/9 | €10,274 | €8,988 | -€1,285 | -12.5% |
| Other amounts payable | 47/48 | - | €69,665 | +€69,665 | |
| Turnover | 70 | €500,892 | €286,560 | -€214,332 | -42.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €261,495 | €192,541 | -€68,954 | -26.4% |
| Remuneration, social security and pensions | 62 | €141,732 | €118,919 | -€22,813 | -16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,327 | €43,179 | +€11,853 | +37.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €403 | - | -€403 | |
| Other operating charges | 640/8 | €9,482 | €2,100 | -€7,382 | -77.9% |
| Gross operating margin | 9900 | €239,397 | €94,019 | -€145,378 | -60.7% |
| Operating profit (loss) | 9901 | €56,453 | -€70,180 | -€126,633 | |
| Financial income | 75/76B | €338 | - | -€338 | |
| Recurring financial income | 75 | €338 | - | -€338 | |
| Financial charges | 65/66B | €16,690 | €18,206 | +€1,515 | +9.1% |
| Recurring financial charges | 65 | €16,690 | €18,206 | +€1,515 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €40,101 | -€88,386 | -€128,487 | |
| Income taxes | 67/77 | - | €1,056 | +€1,056 | |
| Profit (loss) for the period | 9904 | €40,101 | -€89,441 | -€129,543 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,101 | -€89,441 | -€129,543 |
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 25 October 2026 via checked.be.