Transeo: 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.
What changed
Transeo
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€15,301
2024 · €21,048-€5,747
Equity
€27,959
2024 · €12,658+€15,301
Cash
€60,962
2024 · €23,916+€37,046
Balance sheet total
€72,341
2024 · €54,959+€17,382
Largest movements
Assets
- Cash +€37,046
up €37,046 (+155%), from €23,916 to €60,962
mainly Receivables within one year (+€19,664) and Net result for the year (+€15,301)
- Receivables within one year -€19,664
down €19,664 (-63.3%), from €31,042 to €11,378
of which Trade receivables: -€20,689
Equity and liabilities
- Profit (loss) carried forward +€15,301
up €15,301 (+121%), from €12,658 to €27,959
- Trade debts +€2,081
up €2,081 (+4.9%), from €42,301 to €44,382
of which Suppliers: +€2,081
Income statement
- Gross operating margin -€5,786
down €5,786 (-25.9%), from €22,336 to €16,550
- Other operating charges +€941
up €941 (+941%), from €100 to €1,041
- Depreciation -€544
down €544 (-100%), from €544 to €0
- Financial charges -€438
down €438 (-67.9%), from €645 to €207
of which Financial charges: -€438
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.
Result 2024
€21,048
Gross operating margin
-€5,786
Depreciation
+€544
Other operating charges
-€941
Financial income
-€0
Financial charges
+€438
Result 2025
€15,301
raises the resultlowers the result
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.
From operations
+€37,046
Investment
€0
Financing
€0
Cash 2024
€23,916
From operations (derived)
+€37,046
Net result for the year
+€15,301
Receivables within one year
+€19,664
Trade debts
+€2,081
Cash 2025
€60,962
brings cash in
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,959 | €72,341 | +€17,382 | +31.6% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | - | €0 | = | |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €54,959 | €72,341 | +€17,382 | +31.6% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | - | €0 | = | |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Stocks | 30/36 | - | €0 | = | |
| Contracts in progress | 37 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €31,042 | €11,378 | -€19,664 | -63.3% |
| Trade receivables | 40 | €24,027 | €3,338 | -€20,689 | -86.1% |
| Other amounts receivable | 41 | €7,016 | €8,041 | +€1,025 | +14.6% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €23,916 | €60,962 | +€37,046 | +155% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €54,959 | €72,341 | +€17,382 | +31.6% |
| Equity | 10/15 | €12,658 | €27,959 | +€15,301 | +121% |
| Contributions | 10/11 | - | €0 | = | |
| Capital | 10 | - | €0 | = | |
| Revaluation surpluses | 12 | - | €0 | = | |
| Reserves | 13 | - | €0 | = | |
| Profit (loss) carried forward | 14 | €12,658 | €27,959 | +€15,301 | +121% |
| Investment grants | 15 | - | €0 | = | |
| Provisions and deferred taxes | 16 | - | €0 | = | |
| Provisions for liabilities and charges | 160/5 | - | €0 | = | |
| Pensions and similar obligations | 160 | - | €0 | = | |
| Taxes | 161 | - | €0 | = | |
| Major repairs and maintenance | 162 | - | €0 | = | |
| Environmental obligations | 163 | - | €0 | = | |
| Other liabilities and charges | 164/5 | - | €0 | = | |
| Deferred taxes | 168 | - | €0 | = | |
| Amounts payable | 17/49 | €42,301 | €44,382 | +€2,081 | +4.9% |
| Amounts payable after more than one year | 17 | - | €0 | = | |
| Financial debts | 170/4 | - | €0 | = | |
| Trade debts | 175 | - | €0 | = | |
| Advances received on contracts in progress | 176 | - | €0 | = | |
| Other amounts payable | 178/9 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €42,301 | €44,382 | +€2,081 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €42,301 | €44,382 | +€2,081 | +4.9% |
| Suppliers | 440/4 | €42,301 | €44,382 | +€2,081 | +4.9% |
| Bills of exchange payable | 441 | - | €0 | = | |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | - | €0 | = | |
| Taxes | 450/3 | - | €0 | = | |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €544 | €0 | -€544 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Other operating charges | 640/8 | €100 | €1,041 | +€941 | +941% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €22,336 | €16,550 | -€5,786 | -25.9% |
| Operating profit (loss) | 9901 | €21,693 | €15,508 | -€6,184 | -28.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €645 | €207 | -€438 | -67.9% |
| Recurring financial charges | 65 | €645 | €207 | -€438 | -67.9% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €21,048 | €15,301 | -€5,747 | -27.3% |
| Transfer from deferred taxes | 780 | - | €0 | = | |
| Transfer to deferred taxes | 680 | - | €0 | = | |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | €21,048 | €15,301 | -€5,747 | -27.3% |
| Transfer from tax-exempt reserves | 789 | - | €0 | = | |
| Transfer to tax-exempt reserves | 689 | - | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €21,048 | €15,301 | -€5,747 | -27.3% |
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 13 October 2026 via checked.be.