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TRANSIMMO: 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.

What changed

TRANSIMMO

BE 0443.902.187
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€30,123
2023 · €32,850-€2,726
Equity
€116,116
2023 · €685,993-€569,877
Cash
€7,175
2023 · €64,093-€56,918
Balance sheet total
€121,038
2023 · €696,087-€575,049

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€439,973

    down €439,973 (-87.4%), from €503,127 to €63,154

    of which Other amounts receivable: -€439,673

  • Current investments -€75,023

    no longer reported in 2024 (was €75,023)

  • Cash -€56,918

    down €56,918 (-88.8%), from €64,093 to €7,175

    mainly Contributions, distributions and other (-€600,000) and Tax, wage and social debts (-€5,172)

Equity and liabilities
  • Profit (loss) carried forward -€569,877

    down €569,877, from €553,993 to -€15,884

Income statement
  • Gross operating margin -€8,436

    down €8,436 (-15.3%), from €54,978 to €46,542

  • Staff costs -€5,132

    down €5,132 (-20.1%), from €25,537 to €20,405

  • Financial income -€2,708

    down €2,708 (-10.3%), from €26,309 to €23,601

    of which Financial income: -€4,359

  • Depreciation -€2,239

    down €2,239 (-41.7%), from €5,373 to €3,134

  • Taxes -€1,414

    down €1,414 (-12.6%), from €11,214 to €9,800

From the 2023 result to the 2024 result

effect on the 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 2023 €32,850
Gross operating margin -€8,436
Staff costs +€5,132
Depreciation +€2,239
Other operating charges -€436
Financial income -€2,708
Financial charges +€69
Taxes +€1,414
Result 2024 €30,123

Cash bridge derived

cash 2023 to 2024

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.

From operations +€468,058
Investment +€75,023
Financing -€600,000
Cash 2023 €64,093
Net result for the year +€30,123
Depreciation +€3,134
Receivables within one year +€439,973
Tax, wage and social debts -€5,172
Current investments +€75,023
Contributions, distributions and other -€600,000
Cash 2024 €7,175
Every line side by side 40 lines
Line Code 2023 2024 Change %
Total assets 20/58 €696,087 €121,038 -€575,049 -82.6%
Fixed assets 21/28 €53,844 €50,709 -€3,134 -5.8%
Tangible fixed assets 22/27 €53,844 €50,709 -€3,134 -5.8%
Land and buildings 22 €53,844 €50,709 -€3,134 -5.8%
Current assets 29/58 €642,243 €70,329 -€571,915 -89.0%
Amounts receivable within one year 40/41 €503,127 €63,154 -€439,973 -87.4%
Trade receivables 40 €2,268 €1,968 -€300 -13.2%
Other amounts receivable 41 €500,859 €61,186 -€439,673 -87.8%
Current investments 50/53 €75,023 - -€75,023
Cash at bank and in hand 54/58 €64,093 €7,175 -€56,918 -88.8%
Total equity and liabilities 10/49 €696,087 €121,038 -€575,049 -82.6%
Equity 10/15 €685,993 €116,116 -€569,877 -83.1%
Contributions 10/11 €120,000 €120,000 = 0.0%
Capital 10 €120,000 €120,000 = 0.0%
Issued capital 100 €120,000 €120,000 = 0.0%
Reserves 13 €12,000 €12,000 = 0.0%
Non-distributable reserves 130/1 €12,000 €12,000 = 0.0%
Legal reserve 130 €12,000 €12,000 = 0.0%
Profit (loss) carried forward 14 €553,993 -€15,884 -€569,877
Amounts payable 17/49 €10,095 €4,922 -€5,172 -51.2%
Amounts payable after more than one year 17 €4,722 €4,722 = 0.0%
Financial debts 170/4 €4,722 €4,722 = 0.0%
Amounts payable within one year 42/48 €5,372 €200 -€5,172 -96.3%
Taxes, remuneration and social security 45 €5,372 €200 -€5,172 -96.3%
Taxes 450/3 €1,500 €200 -€1,300 -86.7%
Remuneration and social security 454/9 €3,872 - -€3,872
Remuneration, social security and pensions 62 €25,537 €20,405 -€5,132 -20.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,373 €3,134 -€2,239 -41.7%
Other operating charges 640/8 €6,150 €6,586 +€436 +7.1%
Gross operating margin 9900 €54,978 €46,542 -€8,436 -15.3%
Operating profit (loss) 9901 €17,917 €16,416 -€1,501 -8.4%
Financial income 75/76B €26,309 €23,601 -€2,708 -10.3%
Recurring financial income 75 €26,309 €21,950 -€4,359 -16.6%
Non-recurring financial income 76B - €1,651 +€1,651
Financial charges 65/66B €163 €94 -€69 -42.2%
Recurring financial charges 65 €163 €94 -€69 -42.2%
Profit (loss) for the period before taxes 9903 €44,064 €39,923 -€4,140 -9.4%
Income taxes 67/77 €11,214 €9,800 -€1,414 -12.6%
Profit (loss) for the period 9904 €32,850 €30,123 -€2,726 -8.3%
Profit (loss) for the period to be appropriated 9905 €32,850 €30,123 -€2,726 -8.3%

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 30 September 2026 via checked.be.