Transim: 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.
Transim
Largest movements
- Tangible fixed assets +€5.0m
up €5.0m (+220%), from €2.2m to €7.2m
of which Land and buildings: +€4.7m
- Other debts +€5.1m
up €5.1m (+259%), from €2.0m to €7.1m
- Profit (loss) carried forward -€311,007
down €311,007 (-48.4%), from -€643,012 to -€954,020
- Trade debts +€219,046
up €219,046 (+3,113%), from €7,036 to €226,082
- Depreciation +€87,260
up €87,260 (+50.1%), from €174,080 to €261,340
- Gross operating margin -€12,230
down €12,230 (-40.4%), from €30,281 to €18,050
- Other operating charges +€10,452
up €10,452 (+57.0%), from €18,344 to €28,796
- Staff costs +€2,775
up €2,775 (+8.2%), from €33,740 to €36,515
- Taxes +€1,663
up €1,663 (+3,455%), from €48 to €1,712
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,329,173 | €7,325,579 | +€5.0m | +215% |
| Fixed assets | 21/28 | €2,248,556 | €7,203,762 | +€5.0m | +220% |
| Tangible fixed assets | 22/27 | €2,248,556 | €7,203,762 | +€5.0m | +220% |
| Land and buildings | 22 | €1,588,512 | €6,274,001 | +€4.7m | +295% |
| Plant, machinery and equipment | 23 | €222,925 | €284,224 | +€61,298 | +27.5% |
| Furniture and vehicles | 24 | €437,119 | €645,537 | +€208,417 | +47.7% |
| Current assets | 29/58 | €80,617 | €121,817 | +€41,200 | +51.1% |
| Stocks and contracts in progress | 3 | €22,678 | €36,380 | +€13,702 | +60.4% |
| Stocks | 30/36 | €22,678 | €36,380 | +€13,702 | +60.4% |
| Amounts receivable within one year | 40/41 | €0 | €70,789 | +€70,789 | |
| Trade receivables | 40 | €0 | €50,201 | +€50,201 | |
| Other amounts receivable | 41 | €0 | €20,588 | +€20,588 | |
| Cash at bank and in hand | 54/58 | €54,983 | €11,525 | -€43,458 | -79.0% |
| Deferred charges and accrued income | 490/1 | €2,956 | €3,123 | +€167 | +5.6% |
| Total equity and liabilities | 10/49 | €2,329,173 | €7,325,579 | +€5.0m | +215% |
| Equity | 10/15 | €181,240 | -€129,768 | -€311,007 | |
| Contributions | 10/11 | €770,000 | €770,000 | = | 0.0% |
| Reserves | 13 | €54,252 | €54,252 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,383 | €12,383 | = | 0.0% |
| Distributable reserves | 133 | €41,869 | €41,869 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€643,012 | -€954,020 | -€311,007 | -48.4% |
| Amounts payable | 17/49 | €2,147,934 | €7,455,347 | +€5.3m | +247% |
| Amounts payable after more than one year | 17 | €159,000 | €159,000 | = | 0.0% |
| Financial debts | 170/4 | €159,000 | €159,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,987,226 | €7,291,780 | +€5.3m | +267% |
| Trade debts | 44 | €7,036 | €226,082 | +€219,046 | +3,113% |
| Suppliers | 440/4 | €7,036 | €226,082 | +€219,046 | +3,113% |
| Taxes, remuneration and social security | 45 | €12,510 | €8,990 | -€3,520 | -28.1% |
| Taxes | 450/3 | €7,736 | €3,776 | -€3,960 | -51.2% |
| Remuneration and social security | 454/9 | €4,774 | €5,214 | +€440 | +9.2% |
| Other amounts payable | 47/48 | €1,967,680 | €7,056,709 | +€5.1m | +259% |
| Accrued charges and deferred income | 492/3 | €1,707 | €4,566 | +€2,859 | +167% |
| Remuneration, social security and pensions | 62 | €33,740 | €36,515 | +€2,775 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174,080 | €261,340 | +€87,260 | +50.1% |
| Other operating charges | 640/8 | €18,344 | €28,796 | +€10,452 | +57.0% |
| Gross operating margin | 9900 | €30,281 | €18,050 | -€12,230 | -40.4% |
| Operating profit (loss) | 9901 | -€195,884 | -€308,601 | -€112,717 | -57.5% |
| Financial income | 75/76B | €634 | €508 | -€126 | -19.9% |
| Recurring financial income | 75 | €634 | €508 | -€126 | -19.9% |
| Financial charges | 65/66B | €1,322 | €1,203 | -€119 | -9.0% |
| Recurring financial charges | 65 | €1,322 | €1,203 | -€119 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€196,572 | -€309,296 | -€112,724 | -57.3% |
| Income taxes | 67/77 | €48 | €1,712 | +€1,663 | +3,455% |
| Profit (loss) for the period | 9904 | -€196,620 | -€311,007 | -€114,388 | -58.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€196,620 | -€311,007 | -€114,388 | -58.2% |
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 26 October 2026 via checked.be.