TRANSFORME - HOME: 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.
TRANSFORME - HOME
Largest movements
- Tangible fixed assets -€35,958
no longer reported in 2025 (was €35,958)
- Receivables within one year +€8,042
up €8,042 (+43.2%), from €18,614 to €26,656
of which Other amounts receivable: +€8,463
- Cash -€4,843
down €4,843 (-77.6%), from €6,239 to €1,397
mainly Net result for the year (-€26,609) and Receivables within one year (-€8,042)
- Profit (loss) carried forward -€26,609
down €26,609, from €2,050 to -€24,559
- Trade debts -€7,274
down €7,274 (-45.7%), from €15,926 to €8,652
- Short-term financial debts +€1,175
up €1,175 (+3.4%), from €34,500 to €35,675
- Financial charges +€12,906
up €12,906 (+346.8%), from €3,721 to €16,627
of which Non-recurring financial charges: +€13,558
- Other operating charges -€2,534
down €2,534 (-64.5%), from €3,927 to €1,393
- Depreciation -€678
no longer reported in 2025 (was €678)
- Gross operating margin -€630
down €630 (-4.5%), from €13,976 to €13,346
- Financial income +€390
up €390 (+191.9%), from €203 to €592
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 | €63,648 | €30,933 | -€32,715 | -51.4% |
| Fixed assets | 21/28 | €36,107 | €149 | -€35,958 | -99.6% |
| Tangible fixed assets | 22/27 | €35,958 | - | -€35,958 | |
| Land and buildings | 22 | €35,958 | - | -€35,958 | |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €27,541 | €30,784 | +€3,243 | +11.8% |
| Amounts receivable within one year | 40/41 | €18,614 | €26,656 | +€8,042 | +43.2% |
| Trade receivables | 40 | €11,093 | €10,672 | -€421 | -3.8% |
| Other amounts receivable | 41 | €7,521 | €15,985 | +€8,463 | +112.5% |
| Cash at bank and in hand | 54/58 | €6,239 | €1,397 | -€4,843 | -77.6% |
| Deferred charges and accrued income | 490/1 | €2,687 | €2,731 | +€44 | +1.6% |
| Total equity and liabilities | 10/49 | €63,648 | €30,933 | -€32,715 | -51.4% |
| Equity | 10/15 | €13,214 | -€13,395 | -€26,609 | |
| Contributions | 10/11 | €9,304 | €9,304 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,050 | -€24,559 | -€26,609 | |
| Amounts payable | 17/49 | €50,433 | €44,327 | -€6,106 | -12.1% |
| Amounts payable within one year | 42/48 | €50,433 | €44,327 | -€6,106 | -12.1% |
| Financial debts | 43 | €34,500 | €35,675 | +€1,175 | +3.4% |
| Credit institutions | 430/8 | €34,500 | €35,675 | +€1,175 | +3.4% |
| Trade debts | 44 | €15,926 | €8,652 | -€7,274 | -45.7% |
| Suppliers | 440/4 | €15,926 | €8,652 | -€7,274 | -45.7% |
| Taxes, remuneration and social security | 45 | €7 | - | -€7 | |
| Taxes | 450/3 | €7 | - | -€7 | |
| Remuneration, social security and pensions | 62 | - | €128 | +€128 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €678 | - | -€678 | |
| Other operating charges | 640/8 | €3,927 | €1,393 | -€2,534 | -64.5% |
| Non-recurring operating charges | 66A | - | €22,400 | +€22,400 | |
| Gross operating margin | 9900 | €13,976 | €13,346 | -€630 | -4.5% |
| Operating profit (loss) | 9901 | €9,371 | -€10,574 | -€19,945 | |
| Financial income | 75/76B | €203 | €592 | +€390 | +191.9% |
| Recurring financial income | 75 | €203 | €592 | +€390 | +191.9% |
| Financial charges | 65/66B | €3,721 | €16,627 | +€12,906 | +346.8% |
| Recurring financial charges | 65 | €3,721 | €3,069 | -€652 | -17.5% |
| Non-recurring financial charges | 66B | - | €13,558 | +€13,558 | |
| Profit (loss) for the period before taxes | 9903 | €5,853 | -€26,609 | -€32,462 | |
| Profit (loss) for the period | 9904 | €5,853 | -€26,609 | -€32,462 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,853 | -€26,609 | -€32,462 |
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 7 October 2026 via checked.be.