TRANSCOMA: 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.
TRANSCOMA
Largest movements
- Tangible fixed assets +€240,277
up €240,277 (+7.1%), from €3.4m to €3.6m
of which Land and buildings: +€243,959
- Cash -€179,948
down €179,948 (-86.3%), from €208,477 to €28,528
mainly Investment in fixed assets (net) (-€819,484) and Net result for the year (-€209,528)
- Receivables within one year +€119,392
up €119,392 (+17.1%), from €698,065 to €817,457
of which Other amounts receivable: +€73,840
- Current investments -€75,000
down €75,000 (-7.5%), from €1.0m to €925,000
- Short-term financial debts +€241,027
up €241,027 (+72.6%), from €331,863 to €572,890
- Reserves -€209,528
down €209,528 (-39.9%), from €525,139 to €315,611
of which Distributable reserves: -€206,428
- Debts after one year -€196,942
down €196,942 (-8.1%), from €2.4m to €2.2m
- Trade debts +€167,915
up €167,915 (+11.5%), from €1.5m to €1.6m
- Tax, wage and social debts +€88,677
up €88,677 (+90.4%), from €98,115 to €186,792
of which Remuneration and social security: +€64,801
- Gross operating margin +€156,927
up €156,927 (+12.7%), from €1.2m to €1.4m
- Staff costs +€146,902
up €146,902 (+35.3%), from €416,220 to €563,123
- Depreciation +€118,257
up €118,257 (+25.3%), from €467,985 to €586,242
- Financial charges -€17,326
down €17,326 (-4.1%), from €418,541 to €401,215
of which Non-recurring financial charges: -€54,361
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 | €5,457,655 | €5,544,835 | +€87,180 | +1.6% |
| Fixed assets | 21/28 | €3,401,454 | €3,634,696 | +€233,242 | +6.9% |
| Intangible fixed assets | 21 | €12,503 | €5,507 | -€6,995 | -56.0% |
| Tangible fixed assets | 22/27 | €3,385,776 | €3,626,053 | +€240,277 | +7.1% |
| Land and buildings | 22 | €1,692,323 | €1,936,282 | +€243,959 | +14.4% |
| Plant, machinery and equipment | 23 | €427,482 | €474,568 | +€47,086 | +11.0% |
| Furniture and vehicles | 24 | €14,971 | €25,951 | +€10,980 | +73.3% |
| Leasing and similar rights | 25 | €1,250,999 | €1,189,252 | -€61,747 | -4.9% |
| Financial fixed assets | 28 | €3,175 | €3,135 | -€40 | -1.3% |
| Current assets | 29/58 | €2,056,202 | €1,910,140 | -€146,062 | -7.1% |
| Stocks and contracts in progress | 3 | €82,055 | €89,099 | +€7,044 | +8.6% |
| Stocks | 30/36 | €82,055 | €89,099 | +€7,044 | +8.6% |
| Amounts receivable within one year | 40/41 | €698,065 | €817,457 | +€119,392 | +17.1% |
| Trade receivables | 40 | €595,750 | €641,302 | +€45,552 | +7.6% |
| Other amounts receivable | 41 | €102,315 | €176,156 | +€73,840 | +72.2% |
| Current investments | 50/53 | €1,000,000 | €925,000 | -€75,000 | -7.5% |
| Cash at bank and in hand | 54/58 | €208,477 | €28,528 | -€179,948 | -86.3% |
| Deferred charges and accrued income | 490/1 | €67,605 | €50,055 | -€17,550 | -26.0% |
| Total equity and liabilities | 10/49 | €5,457,655 | €5,544,835 | +€87,180 | +1.6% |
| Equity | 10/15 | €556,139 | €346,611 | -€209,528 | -37.7% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €525,139 | €315,611 | -€209,528 | -39.9% |
| Non-distributable reserves | 130/1 | €3,100 | - | -€3,100 | |
| Reserves not available under the articles | 1311 | €3,100 | - | -€3,100 | |
| Distributable reserves | 133 | €522,039 | €315,611 | -€206,428 | -39.5% |
| Amounts payable | 17/49 | €4,901,516 | €5,198,224 | +€296,708 | +6.1% |
| Amounts payable after more than one year | 17 | €2,429,510 | €2,232,568 | -€196,942 | -8.1% |
| Financial debts | 170/4 | €2,429,510 | €2,232,568 | -€196,942 | -8.1% |
| Amounts payable within one year | 42/48 | €2,467,506 | €2,961,503 | +€493,997 | +20.0% |
| Current portion of amounts payable after more than one year | 42 | €583,216 | €565,557 | -€17,658 | -3.0% |
| Financial debts | 43 | €331,863 | €572,890 | +€241,027 | +72.6% |
| Credit institutions | 430/8 | €331,863 | €572,890 | +€241,027 | +72.6% |
| Trade debts | 44 | €1,454,312 | €1,622,226 | +€167,915 | +11.5% |
| Suppliers | 440/4 | €1,454,312 | €1,622,226 | +€167,915 | +11.5% |
| Taxes, remuneration and social security | 45 | €98,115 | €186,792 | +€88,677 | +90.4% |
| Taxes | 450/3 | €25,237 | €49,113 | +€23,876 | +94.6% |
| Remuneration and social security | 454/9 | €72,878 | €137,679 | +€64,801 | +88.9% |
| Other amounts payable | 47/48 | - | €14,038 | +€14,038 | |
| Accrued charges and deferred income | 492/3 | €4,500 | €4,153 | -€347 | -7.7% |
| Non-recurring operating income | 76A | €305,223 | €23,307 | -€281,917 | -92.4% |
| Remuneration, social security and pensions | 62 | €416,220 | €563,123 | +€146,902 | +35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €467,985 | €586,242 | +€118,257 | +25.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,550 | €2,117 | +€567 | +36.6% |
| Other operating charges | 640/8 | €70,388 | €76,391 | +€6,003 | +8.5% |
| Gross operating margin | 9900 | €1,233,467 | €1,390,394 | +€156,927 | +12.7% |
| Operating profit (loss) | 9901 | €277,324 | €162,522 | -€114,802 | -41.4% |
| Financial income | 75/76B | €23,227 | €29,958 | +€6,730 | +29.0% |
| Recurring financial income | 75 | €2,992 | €29,486 | +€26,494 | +885.6% |
| Non-recurring financial income | 76B | €20,236 | €472 | -€19,764 | -97.7% |
| Financial charges | 65/66B | €418,541 | €401,215 | -€17,326 | -4.1% |
| Recurring financial charges | 65 | €128,928 | €165,963 | +€37,035 | +28.7% |
| Non-recurring financial charges | 66B | €289,613 | €235,252 | -€54,361 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€117,990 | -€208,736 | -€90,746 | -76.9% |
| Income taxes | 67/77 | €10,543 | €792 | -€9,751 | -92.5% |
| Profit (loss) for the period | 9904 | -€128,533 | -€209,528 | -€80,995 | -63.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€128,533 | -€209,528 | -€80,995 | -63.0% |
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 5 October 2026 via checked.be.