TRANSAMAL: 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.
TRANSAMAL
Largest movements
- Cash -€356,720
down €356,720 (-92.4%), from €386,172 to €29,451
mainly Trade debts (-€360,724) and Other debts (-€136,918)
- Receivables within one year -€49,630
down €49,630 (-75.5%), from €65,735 to €16,105
of which Trade receivables: -€44,597
- Tangible fixed assets -€24,003
down €24,003 (-9.7%), from €246,383 to €222,380
of which Land and buildings: -€16,722
- Trade debts -€360,724
down €360,724 (-92.9%), from €388,307 to €27,583
- Other debts -€136,918
down €136,918 (-95.5%), from €143,370 to €6,453
- Debts after one year +€41,442
up €41,442 (+88.6%), from €46,783 to €88,225
- Profit (loss) carried forward +€18,531
up €18,531 (+12.9%), from €143,487 to €162,017
- Gross operating margin +€19,415
up €19,415 (+25.7%), from €75,640 to €95,054
- Turnover +€19,168
up €19,168 (+2.4%), from €788,424 to €807,593
- Staff costs +€10,100
up €10,100 (+38.3%), from €26,340 to €36,440
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €728,764 | €295,294 | -€433,469 | -59.5% |
| Fixed assets | 21/28 | €247,369 | €223,366 | -€24,003 | -9.7% |
| Tangible fixed assets | 22/27 | €246,383 | €222,380 | -€24,003 | -9.7% |
| Land and buildings | 22 | €208,810 | €192,088 | -€16,722 | -8.0% |
| Furniture and vehicles | 24 | €37,573 | €30,292 | -€7,281 | -19.4% |
| Financial fixed assets | 28 | €987 | €987 | = | 0.0% |
| Current assets | 29/58 | €481,394 | €71,928 | -€409,466 | -85.1% |
| Stocks and contracts in progress | 3 | €28,522 | €25,406 | -€3,116 | -10.9% |
| Stocks | 30/36 | €28,522 | €25,406 | -€3,116 | -10.9% |
| Amounts receivable within one year | 40/41 | €65,735 | €16,105 | -€49,630 | -75.5% |
| Trade receivables | 40 | €48,587 | €3,990 | -€44,597 | -91.8% |
| Other amounts receivable | 41 | €17,148 | €12,115 | -€5,033 | -29.4% |
| Cash at bank and in hand | 54/58 | €386,172 | €29,451 | -€356,720 | -92.4% |
| Deferred charges and accrued income | 490/1 | €966 | €966 | = | 0.0% |
| Total equity and liabilities | 10/49 | €728,764 | €295,294 | -€433,469 | -59.5% |
| Equity | 10/15 | €150,304 | €168,834 | +€18,530 | +12.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €620 | €619 | -€0 | -0.1% |
| Non-distributable reserves | 130/1 | €620 | €619 | -€0 | -0.1% |
| Reserves not available under the articles | 1311 | €620 | €619 | -€0 | -0.1% |
| Profit (loss) carried forward | 14 | €143,487 | €162,017 | +€18,531 | +12.9% |
| Amounts payable | 17/49 | €578,460 | €126,460 | -€452,000 | -78.1% |
| Amounts payable after more than one year | 17 | €46,783 | €88,225 | +€41,442 | +88.6% |
| Financial debts | 170/4 | €46,783 | €88,225 | +€41,442 | +88.6% |
| Amounts payable within one year | 42/48 | €531,677 | €38,235 | -€493,442 | -92.8% |
| Trade debts | 44 | €388,307 | €27,583 | -€360,724 | -92.9% |
| Suppliers | 440/4 | €388,307 | €27,583 | -€360,724 | -92.9% |
| Taxes, remuneration and social security | 45 | - | €4,200 | +€4,200 | |
| Taxes | 450/3 | - | €4,200 | +€4,200 | |
| Other amounts payable | 47/48 | €143,370 | €6,453 | -€136,918 | -95.5% |
| Turnover | 70 | €788,424 | €807,593 | +€19,168 | +2.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €718,914 | €719,134 | +€220 | 0.0% |
| Remuneration, social security and pensions | 62 | €26,340 | €36,440 | +€10,100 | +38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,374 | €28,600 | +€3,226 | +12.7% |
| Other operating charges | 640/8 | €10,563 | €8,236 | -€2,327 | -22.0% |
| Gross operating margin | 9900 | €75,640 | €95,054 | +€19,415 | +25.7% |
| Operating profit (loss) | 9901 | €13,363 | €21,778 | +€8,415 | +63.0% |
| Financial charges | 65/66B | €1,134 | €1,981 | +€848 | +74.7% |
| Recurring financial charges | 65 | €1,134 | €1,981 | +€848 | +74.7% |
| Profit (loss) for the period before taxes | 9903 | €12,229 | €19,797 | +€7,568 | +61.9% |
| Income taxes | 67/77 | €3,551 | €1,266 | -€2,285 | -64.3% |
| Profit (loss) for the period | 9904 | €8,678 | €18,530 | +€9,853 | +113.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,678 | €18,530 | +€9,853 | +113.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.