Transmaestro: 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.
Transmaestro
Largest movements
- Deferred charges and accrued income -€8,205
down €8,205 (-56.4%), from €14,538 to €6,333
- Profit (loss) carried forward +€19,128
up €19,128 (+15.2%), from €125,596 to €144,724
- Other debts -€16,325
down €16,325 (-14.1%), from €115,666 to €99,341
- Debts after one year -€8,746
down €8,746 (-18.6%), from €46,935 to €38,189
- Financial income +€19,999
up €19,999 (+527%), from €3,795 to €23,794
- Gross operating margin +€2,824
up €2,824 (+68.8%), from -€4,104 to -€1,280
- Taxes +€1,326
no longer reported in 2025 (was -€1,326)
- Financial charges -€688
down €688 (-19.0%), from €3,625 to €2,937
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 | €329,563 | €322,653 | -€6,910 | -2.1% |
| Fixed assets | 21/28 | €180,000 | €180,000 | = | 0.0% |
| Financial fixed assets | 28 | €180,000 | €180,000 | = | 0.0% |
| Current assets | 29/58 | €149,563 | €142,653 | -€6,910 | -4.6% |
| Amounts receivable after more than one year | 29 | €135,000 | €135,000 | = | 0.0% |
| Other amounts receivable | 291 | €135,000 | €135,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25 | €1,320 | +€1,295 | +5,180% |
| Deferred charges and accrued income | 490/1 | €14,538 | €6,333 | -€8,205 | -56.4% |
| Total equity and liabilities | 10/49 | €329,563 | €322,653 | -€6,910 | -2.1% |
| Equity | 10/15 | €155,596 | €174,724 | +€19,128 | +12.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,596 | €144,724 | +€19,128 | +15.2% |
| Amounts payable | 17/49 | €173,967 | €147,929 | -€26,038 | -15.0% |
| Amounts payable after more than one year | 17 | €46,935 | €38,189 | -€8,746 | -18.6% |
| Financial debts | 170/4 | €46,935 | €38,189 | -€8,746 | -18.6% |
| Amounts payable within one year | 42/48 | €119,716 | €100,891 | -€18,825 | -15.7% |
| Taxes, remuneration and social security | 45 | €4,050 | €1,550 | -€2,500 | -61.7% |
| Taxes | 450/3 | €4,050 | €1,550 | -€2,500 | -61.7% |
| Other amounts payable | 47/48 | €115,666 | €99,341 | -€16,325 | -14.1% |
| Accrued charges and deferred income | 492/3 | €7,316 | €8,849 | +€1,533 | +21.0% |
| Other operating charges | 640/8 | €446 | €449 | +€3 | +0.7% |
| Gross operating margin | 9900 | -€4,104 | -€1,280 | +€2,824 | +68.8% |
| Operating profit (loss) | 9901 | -€4,550 | -€1,729 | +€2,821 | +62.0% |
| Financial income | 75/76B | €3,795 | €23,794 | +€19,999 | +527% |
| Recurring financial income | 75 | €3,795 | €23,794 | +€19,999 | +527% |
| Financial charges | 65/66B | €3,625 | €2,937 | -€688 | -19.0% |
| Recurring financial charges | 65 | €3,625 | €2,937 | -€688 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,380 | €19,128 | +€23,508 | |
| Income taxes | 67/77 | -€1,326 | - | +€1,326 | |
| Profit (loss) for the period | 9904 | -€3,054 | €19,128 | +€22,182 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,054 | €19,128 | +€22,182 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.