TRANSMALYSSE: 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.
TRANSMALYSSE
Largest movements
- Cash -€24,400
down €24,400 (-36.0%), from €67,745 to €43,345
mainly Net result for the year (-€20,218) and Other debts (-€12,964)
- Tangible fixed assets -€17,215
down €17,215 (-13.8%), from €124,590 to €107,375
of which Furniture and vehicles: -€9,755
- Receivables within one year -€3,344
down €3,344 (-3.0%), from €113,128 to €109,784
of which Trade receivables: -€10,366
- Reserves -€20,218
down €20,218 (-9.2%), from €218,908 to €198,690
of which Distributable reserves: -€20,218
- Other debts -€12,964
down €12,964 (-25.2%), from €51,416 to €38,452
- Current portion of long-term debt -€11,133
down €11,133 (-100%), from €11,133 to €0
- Tax, wage and social debts -€4,443
down €4,443 (-88.8%), from €5,003 to €560
of which Taxes: -€4,443
- Gross operating margin -€46,566
down €46,566 (-88.7%), from €52,487 to €5,921
- Depreciation -€24,183
down €24,183 (-58.4%), from €41,398 to €17,215
- Other operating charges -€5,118
down €5,118 (-31.8%), from €16,119 to €11,000
- Financial income -€767
down €767 (-20.1%), from €3,807 to €3,040
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 | €320,051 | €273,070 | -€46,981 | -14.7% |
| Fixed assets | 21/28 | €133,277 | €116,062 | -€17,215 | -12.9% |
| Tangible fixed assets | 22/27 | €124,590 | €107,375 | -€17,215 | -13.8% |
| Land and buildings | 22 | €97,687 | €97,687 | = | 0.0% |
| Plant, machinery and equipment | 23 | €17,063 | €9,603 | -€7,460 | -43.7% |
| Furniture and vehicles | 24 | €9,840 | €85 | -€9,755 | -99.1% |
| Financial fixed assets | 28 | €8,687 | €8,687 | = | 0.0% |
| Current assets | 29/58 | €186,773 | €157,008 | -€29,766 | -15.9% |
| Amounts receivable within one year | 40/41 | €113,128 | €109,784 | -€3,344 | -3.0% |
| Trade receivables | 40 | €29,850 | €19,484 | -€10,366 | -34.7% |
| Other amounts receivable | 41 | €83,278 | €90,299 | +€7,022 | +8.4% |
| Cash at bank and in hand | 54/58 | €67,745 | €43,345 | -€24,400 | -36.0% |
| Deferred charges and accrued income | 490/1 | €5,900 | €3,879 | -€2,021 | -34.3% |
| Total equity and liabilities | 10/49 | €320,051 | €273,070 | -€46,981 | -14.7% |
| Equity | 10/15 | €237,500 | €217,282 | -€20,218 | -8.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €218,908 | €198,690 | -€20,218 | -9.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €157,150 | €157,150 | = | 0.0% |
| Distributable reserves | 133 | €61,758 | €41,540 | -€20,218 | -32.7% |
| Amounts payable | 17/49 | €82,550 | €55,788 | -€26,763 | -32.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €82,550 | €55,788 | -€26,763 | -32.4% |
| Current portion of amounts payable after more than one year | 42 | €11,133 | €0 | -€11,133 | -100% |
| Trade debts | 44 | €14,999 | €16,776 | +€1,777 | +11.8% |
| Suppliers | 440/4 | €14,999 | €16,776 | +€1,777 | +11.8% |
| Taxes, remuneration and social security | 45 | €5,003 | €560 | -€4,443 | -88.8% |
| Taxes | 450/3 | €5,003 | €560 | -€4,443 | -88.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €51,416 | €38,452 | -€12,964 | -25.2% |
| Non-recurring operating income | 76A | €15,000 | €0 | -€15,000 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,398 | €17,215 | -€24,183 | -58.4% |
| Other operating charges | 640/8 | €16,119 | €11,000 | -€5,118 | -31.8% |
| Gross operating margin | 9900 | €52,487 | €5,921 | -€46,566 | -88.7% |
| Operating profit (loss) | 9901 | -€5,030 | -€22,294 | -€17,264 | -343% |
| Financial income | 75/76B | €3,807 | €3,040 | -€767 | -20.1% |
| Recurring financial income | 75 | €3,807 | €3,040 | -€767 | -20.1% |
| Financial charges | 65/66B | €1,029 | €964 | -€65 | -6.3% |
| Recurring financial charges | 65 | €1,029 | €964 | -€65 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,252 | -€20,218 | -€17,966 | -798% |
| Profit (loss) for the period | 9904 | -€2,252 | -€20,218 | -€17,966 | -798% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,252 | -€20,218 | -€17,966 | -798% |
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 13 October 2026 via checked.be.