TRANS M.M: 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.
TRANS M.M
Largest movements
- Tangible fixed assets -€2,103
down €2,103 (-40.1%), from €5,242 to €3,139
of which Furniture and vehicles: -€2,032
- Deferred charges and accrued income -€694
down €694 (-43.4%), from €1,599 to €905
- Receivables within one year +€348
up €348 (+31.4%), from €1,109 to €1,457
of which Trade receivables: +€226
- Cash +€180
up €180 (+186.1%), from €96 to €276
mainly Depreciation (+€2,103) and Trade debts (+€1,458)
- Profit (loss) carried forward -€3,616
down €3,616 (-5.8%), from -€62,760 to -€66,375
- Trade debts +€1,458
up €1,458 (+677.1%), from €215 to €1,674
- Tax, wage and social debts -€89
down €89 (-1.3%), from €7,089 to €7,000
of which Taxes: -€89
- Gross operating margin +€4,306
up €4,306, from -€3,828 to €479
- Other operating charges +€1,442
up €1,442 (+591.4%), from €244 to €1,685
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 | €8,102 | €5,777 | -€2,325 | -28.7% |
| Fixed assets | 21/28 | €5,297 | €3,139 | -€2,158 | -40.7% |
| Tangible fixed assets | 22/27 | €5,242 | €3,139 | -€2,103 | -40.1% |
| Plant, machinery and equipment | 23 | €161 | €89 | -€71 | -44.4% |
| Furniture and vehicles | 24 | €5,082 | €3,050 | -€2,032 | -40.0% |
| Financial fixed assets | 28 | €55 | - | -€55 | |
| Current assets | 29/58 | €2,805 | €2,638 | -€167 | -5.9% |
| Amounts receivable within one year | 40/41 | €1,109 | €1,457 | +€348 | +31.4% |
| Trade receivables | 40 | €1,109 | €1,335 | +€226 | +20.4% |
| Other amounts receivable | 41 | - | €122 | +€122 | |
| Cash at bank and in hand | 54/58 | €96 | €276 | +€180 | +186.1% |
| Deferred charges and accrued income | 490/1 | €1,599 | €905 | -€694 | -43.4% |
| Total equity and liabilities | 10/49 | €8,102 | €5,777 | -€2,325 | -28.7% |
| Equity | 10/15 | -€60,260 | -€63,875 | -€3,616 | -6.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,760 | -€66,375 | -€3,616 | -5.8% |
| Amounts payable | 17/49 | €68,362 | €69,653 | +€1,291 | +1.9% |
| Amounts payable within one year | 42/48 | €68,362 | €69,653 | +€1,291 | +1.9% |
| Trade debts | 44 | €215 | €1,674 | +€1,458 | +677.1% |
| Suppliers | 440/4 | €215 | €1,674 | +€1,458 | +677.1% |
| Taxes, remuneration and social security | 45 | €7,089 | €7,000 | -€89 | -1.3% |
| Taxes | 450/3 | €89 | - | -€89 | |
| Remuneration and social security | 454/9 | €7,000 | €7,000 | = | 0.0% |
| Other amounts payable | 47/48 | €61,058 | €60,979 | -€79 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,085 | €2,103 | +€18 | +0.9% |
| Other operating charges | 640/8 | €244 | €1,685 | +€1,442 | +591.4% |
| Gross operating margin | 9900 | -€3,828 | €479 | +€4,306 | |
| Operating profit (loss) | 9901 | -€6,156 | -€3,309 | +€2,847 | +46.2% |
| Financial income | 75/76B | €20 | €1 | -€19 | -95.0% |
| Recurring financial income | 75 | €20 | €1 | -€19 | -95.0% |
| Financial charges | 65/66B | €284 | €307 | +€23 | +8.2% |
| Recurring financial charges | 65 | €284 | €307 | +€23 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,420 | -€3,616 | +€2,804 | +43.7% |
| Profit (loss) for the period | 9904 | -€6,420 | -€3,616 | +€2,804 | +43.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,420 | -€3,616 | +€2,804 | +43.7% |
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 5 October 2026 via checked.be.