TRANSIMO: 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.
TRANSIMO
Largest movements
- Cash -€18,029
down €18,029 (-47.1%), from €38,306 to €20,277
mainly Net result for the year (-€32,108) and Trade debts (-€8,425)
- Receivables within one year -€14,660
down €14,660 (-36.5%), from €40,152 to €25,492
of which Trade receivables: -€23,090
- Tangible fixed assets -€11,113
down €11,113 (-31.7%), from €35,043 to €23,930
of which Furniture and vehicles: -€9,950
- Financial fixed assets -€3,600
down €3,600 (-93.6%), from €3,845 to €245
- Profit (loss) carried forward -€32,108
down €32,108 (-26.2%), from -€122,546 to -€154,653
- Trade debts -€8,425
down €8,425 (-29.3%), from €28,769 to €20,344
- Debts after one year -€8,322
down €8,322 (-43.4%), from €19,183 to €10,862
- Other debts +€3,835
up €3,835 (+3.4%), from €111,189 to €115,024
- Accrued charges and deferred income -€3,600
no longer reported in 2025 (was €3,600)
- Gross operating margin +€18,876
up €18,876 (+29.2%), from €64,687 to €83,563
- Staff costs -€18,030
down €18,030 (-15.8%), from €114,211 to €96,181
- Depreciation +€3,680
up €3,680 (+31.7%), from €11,598 to €15,278
- Financial charges -€3,292
down €3,292 (-58.8%), from €5,597 to €2,304
- Other operating charges -€2,533
down €2,533 (-58.1%), from €4,363 to €1,830
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 | €122,330 | €74,929 | -€47,400 | -38.7% |
| Fixed assets | 21/28 | €38,887 | €24,174 | -€14,713 | -37.8% |
| Tangible fixed assets | 22/27 | €35,043 | €23,930 | -€11,113 | -31.7% |
| Plant, machinery and equipment | 23 | €5,827 | €4,663 | -€1,163 | -20.0% |
| Furniture and vehicles | 24 | €29,216 | €19,266 | -€9,950 | -34.1% |
| Financial fixed assets | 28 | €3,845 | €245 | -€3,600 | -93.6% |
| Current assets | 29/58 | €83,442 | €50,755 | -€32,687 | -39.2% |
| Amounts receivable within one year | 40/41 | €40,152 | €25,492 | -€14,660 | -36.5% |
| Trade receivables | 40 | €34,683 | €11,593 | -€23,090 | -66.6% |
| Other amounts receivable | 41 | €5,469 | €13,899 | +€8,430 | +154.1% |
| Cash at bank and in hand | 54/58 | €38,306 | €20,277 | -€18,029 | -47.1% |
| Deferred charges and accrued income | 490/1 | €4,984 | €4,986 | +€1 | 0.0% |
| Total equity and liabilities | 10/49 | €122,330 | €74,929 | -€47,400 | -38.7% |
| Equity | 10/15 | -€57,031 | -€89,139 | -€32,108 | -56.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,514 | €3,514 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,514 | €3,514 | = | 0.0% |
| Legal reserve | 130 | €3,514 | €3,514 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,546 | -€154,653 | -€32,108 | -26.2% |
| Amounts payable | 17/49 | €179,361 | €164,068 | -€15,293 | -8.5% |
| Amounts payable after more than one year | 17 | €19,183 | €10,862 | -€8,322 | -43.4% |
| Financial debts | 170/4 | €19,183 | €10,862 | -€8,322 | -43.4% |
| Amounts payable within one year | 42/48 | €156,578 | €153,207 | -€3,371 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €8,009 | €8,322 | +€313 | +3.9% |
| Trade debts | 44 | €28,769 | €20,344 | -€8,425 | -29.3% |
| Suppliers | 440/4 | €28,769 | €20,344 | -€8,425 | -29.3% |
| Taxes, remuneration and social security | 45 | €8,611 | €9,516 | +€905 | +10.5% |
| Taxes | 450/3 | €7,611 | €3,083 | -€4,528 | -59.5% |
| Remuneration and social security | 454/9 | €1,000 | €6,433 | +€5,433 | +543.3% |
| Other amounts payable | 47/48 | €111,189 | €115,024 | +€3,835 | +3.4% |
| Accrued charges and deferred income | 492/3 | €3,600 | - | -€3,600 | |
| Remuneration, social security and pensions | 62 | €114,211 | €96,181 | -€18,030 | -15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,598 | €15,278 | +€3,680 | +31.7% |
| Other operating charges | 640/8 | €4,363 | €1,830 | -€2,533 | -58.1% |
| Gross operating margin | 9900 | €64,687 | €83,563 | +€18,876 | +29.2% |
| Operating profit (loss) | 9901 | -€65,485 | -€29,727 | +€35,758 | +54.6% |
| Financial income | 75/76B | €170 | €134 | -€36 | -21.3% |
| Recurring financial income | 75 | €170 | €134 | -€36 | -21.3% |
| Financial charges | 65/66B | €5,597 | €2,304 | -€3,292 | -58.8% |
| Recurring financial charges | 65 | €5,597 | €2,304 | -€3,292 | -58.8% |
| Profit (loss) for the period before taxes | 9903 | -€70,911 | -€31,897 | +€39,014 | +55.0% |
| Income taxes | 67/77 | €234 | €211 | -€23 | -9.7% |
| Profit (loss) for the period | 9904 | -€71,145 | -€32,108 | +€39,037 | +54.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,145 | -€32,108 | +€39,037 | +54.9% |
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 3 October 2026 via checked.be.