TRANSLEMA: 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.
TRANSLEMA
Largest movements
- Cash +€79,997
up €79,997 (+783.1%), from €10,216 to €90,213
mainly Net result for the year (+€69,763) and Stocks and contracts (+€62,510)
- Stocks and contracts -€62,510
down €62,510 (-23.4%), from €267,530 to €205,020
- Receivables within one year -€42,124
down €42,124 (-47.2%), from €89,167 to €47,043
of which Trade receivables: -€43,796
- Tangible fixed assets +€29,477
up €29,477 (+9.5%), from €310,216 to €339,693
of which Leasing and similar rights: +€25,963
- Reserves +€69,763
up €69,763 (+20.2%), from €344,990 to €414,753
- Trade debts -€43,103
down €43,103 (-72.1%), from €59,804 to €16,701
- Debts after one year -€30,038
down €30,038 (-34.9%), from €86,076 to €56,038
of which Financial debts: -€15,038
- Short-term financial debts -€12,373
down €12,373 (-55.0%), from €22,514 to €10,141
of which Other loans: -€9,000
- Tax, wage and social debts +€9,808
up €9,808 (+52.7%), from €18,608 to €28,417
- Other operating charges +€10,800
up €10,800 (+173.0%), from €6,243 to €17,043
- Gross operating margin +€9,008
up €9,008 (+5.8%), from €154,713 to €163,721
- Taxes -€3,872
down €3,872 (-11.5%), from €33,717 to €29,845
- Depreciation +€2,610
up €2,610 (+6.7%), from €39,232 to €41,842
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 | €693,790 | €702,982 | +€9,192 | +1.3% |
| Fixed assets | 21/28 | €319,216 | €350,453 | +€31,237 | +9.8% |
| Tangible fixed assets | 22/27 | €310,216 | €339,693 | +€29,477 | +9.5% |
| Land and buildings | 22 | €254,178 | €246,485 | -€7,693 | -3.0% |
| Plant, machinery and equipment | 23 | €4,283 | €22,300 | +€18,017 | +420.6% |
| Furniture and vehicles | 24 | €15,688 | €8,878 | -€6,810 | -43.4% |
| Leasing and similar rights | 25 | €36,067 | €62,030 | +€25,963 | +72.0% |
| Financial fixed assets | 28 | €9,000 | €10,760 | +€1,760 | +19.6% |
| Current assets | 29/58 | €374,574 | €352,529 | -€22,044 | -5.9% |
| Stocks and contracts in progress | 3 | €267,530 | €205,020 | -€62,510 | -23.4% |
| Stocks | 30/36 | €267,530 | €205,020 | -€62,510 | -23.4% |
| Amounts receivable within one year | 40/41 | €89,167 | €47,043 | -€42,124 | -47.2% |
| Trade receivables | 40 | €89,079 | €45,282 | -€43,796 | -49.2% |
| Other amounts receivable | 41 | €88 | €1,761 | +€1,673 | +1901.0% |
| Cash at bank and in hand | 54/58 | €10,216 | €90,213 | +€79,997 | +783.1% |
| Deferred charges and accrued income | 490/1 | €7,662 | €10,254 | +€2,592 | +33.8% |
| Total equity and liabilities | 10/49 | €693,790 | €702,982 | +€9,192 | +1.3% |
| Equity | 10/15 | €463,582 | €533,345 | +€69,763 | +15.0% |
| Contributions | 10/11 | €118,592 | €118,592 | = | 0.0% |
| Reserves | 13 | €344,990 | €414,753 | +€69,763 | +20.2% |
| Distributable reserves | 133 | €344,990 | €414,753 | +€69,763 | +20.2% |
| Amounts payable | 17/49 | €230,207 | €169,637 | -€60,570 | -26.3% |
| Amounts payable after more than one year | 17 | €86,076 | €56,038 | -€30,038 | -34.9% |
| Financial debts | 170/4 | €51,076 | €36,038 | -€15,038 | -29.4% |
| Other amounts payable | 178/9 | €35,000 | €20,000 | -€15,000 | -42.9% |
| Amounts payable within one year | 42/48 | €141,278 | €111,192 | -€30,086 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €39,780 | €45,856 | +€6,077 | +15.3% |
| Financial debts | 43 | €22,514 | €10,141 | -€12,373 | -55.0% |
| Credit institutions | 430/8 | €13,514 | €10,141 | -€3,373 | -25.0% |
| Other loans | 439 | €9,000 | €0 | -€9,000 | -100.0% |
| Trade debts | 44 | €59,804 | €16,701 | -€43,103 | -72.1% |
| Suppliers | 440/4 | €59,804 | €16,701 | -€43,103 | -72.1% |
| Taxes, remuneration and social security | 45 | €18,608 | €28,417 | +€9,808 | +52.7% |
| Taxes | 450/3 | €18,608 | €28,417 | +€9,808 | +52.7% |
| Other amounts payable | 47/48 | €572 | €10,076 | +€9,505 | +1662.3% |
| Accrued charges and deferred income | 492/3 | €2,853 | €2,407 | -€446 | -15.6% |
| Non-recurring operating income | 76A | €1,000 | €57,900 | +€56,900 | +5690.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,232 | €41,842 | +€2,610 | +6.7% |
| Other operating charges | 640/8 | €6,243 | €17,043 | +€10,800 | +173.0% |
| Gross operating margin | 9900 | €154,713 | €163,721 | +€9,008 | +5.8% |
| Operating profit (loss) | 9901 | €109,239 | €104,836 | -€4,402 | -4.0% |
| Financial income | 75/76B | €0 | €481 | +€481 | +480690.0% |
| Recurring financial income | 75 | €0 | €481 | +€481 | +480690.0% |
| Financial charges | 65/66B | €6,466 | €5,709 | -€757 | -11.7% |
| Recurring financial charges | 65 | €6,466 | €5,709 | -€757 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €102,772 | €99,608 | -€3,165 | -3.1% |
| Income taxes | 67/77 | €33,717 | €29,845 | -€3,872 | -11.5% |
| Profit (loss) for the period | 9904 | €69,055 | €69,763 | +€707 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €69,055 | €69,763 | +€707 | +1.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.