TRANSMAT SERVICES: 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.
TRANSMAT SERVICES
Largest movements
- Tangible fixed assets -€285,582
down €285,582 (-35.0%), from €815,079 to €529,497
of which Leasing and similar rights: -€190,988
- Receivables within one year +€247,658
up €247,658 (+109.3%), from €226,645 to €474,303
of which Trade receivables: +€247,708
- Trade debts +€289,123
up €289,123 (+121.8%), from €237,321 to €526,444
- Debts after one year -€217,991
down €217,991 (-58.0%), from €375,897 to €157,906
- Short-term financial debts -€64,659
down €64,659 (-22.0%), from €293,578 to €228,919
- Profit (loss) carried forward -€32,906
down €32,906 (-19.4%), from -€169,231 to -€202,137
- Current portion of long-term debt -€27,995
down €27,995 (-32.3%), from €86,638 to €58,643
- Gross operating margin +€158,776
up €158,776 (+25.4%), from €625,410 to €784,187
- Staff costs +€111,715
up €111,715 (+31.1%), from €359,653 to €471,368
- Depreciation +€15,552
up €15,552 (+5.7%), from €274,610 to €290,162
- Financial charges -€15,264
down €15,264 (-32.2%), from €47,419 to €32,156
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 | €1,048,978 | €1,024,448 | -€24,530 | -2.3% |
| Fixed assets | 21/28 | €816,554 | €537,972 | -€278,582 | -34.1% |
| Tangible fixed assets | 22/27 | €815,079 | €529,497 | -€285,582 | -35.0% |
| Plant, machinery and equipment | 23 | €134,432 | €60,688 | -€73,744 | -54.9% |
| Furniture and vehicles | 24 | €489,659 | €468,809 | -€20,850 | -4.3% |
| Leasing and similar rights | 25 | €190,988 | - | -€190,988 | |
| Financial fixed assets | 28 | €1,475 | €8,475 | +€7,000 | +474.6% |
| Current assets | 29/58 | €232,424 | €486,476 | +€254,052 | +109.3% |
| Amounts receivable within one year | 40/41 | €226,645 | €474,303 | +€247,658 | +109.3% |
| Trade receivables | 40 | €226,445 | €474,153 | +€247,708 | +109.4% |
| Other amounts receivable | 41 | €199 | €150 | -€49 | -24.7% |
| Cash at bank and in hand | 54/58 | €2,149 | €3,915 | +€1,766 | +82.2% |
| Deferred charges and accrued income | 490/1 | €3,631 | €8,258 | +€4,627 | +127.4% |
| Total equity and liabilities | 10/49 | €1,048,978 | €1,024,448 | -€24,530 | -2.3% |
| Equity | 10/15 | -€150,281 | -€183,187 | -€32,906 | -21.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €400 | €400 | = | 0.0% |
| Distributable reserves | 133 | €400 | €400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€169,231 | -€202,137 | -€32,906 | -19.4% |
| Amounts payable | 17/49 | €1,199,259 | €1,207,635 | +€8,375 | +0.7% |
| Amounts payable after more than one year | 17 | €375,897 | €157,906 | -€217,991 | -58.0% |
| Financial debts | 170/4 | €375,897 | €157,906 | -€217,991 | -58.0% |
| Amounts payable within one year | 42/48 | €784,903 | €1,006,209 | +€221,306 | +28.2% |
| Current portion of amounts payable after more than one year | 42 | €86,638 | €58,643 | -€27,995 | -32.3% |
| Financial debts | 43 | €293,578 | €228,919 | -€64,659 | -22.0% |
| Credit institutions | 430/8 | €293,578 | €228,919 | -€64,659 | -22.0% |
| Trade debts | 44 | €237,321 | €526,444 | +€289,123 | +121.8% |
| Suppliers | 440/4 | €237,321 | €526,444 | +€289,123 | +121.8% |
| Taxes, remuneration and social security | 45 | €27,366 | €52,203 | +€24,837 | +90.8% |
| Taxes | 450/3 | €8,552 | €14,739 | +€6,186 | +72.3% |
| Remuneration and social security | 454/9 | €18,814 | €37,464 | +€18,651 | +99.1% |
| Other amounts payable | 47/48 | €140,000 | €140,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €38,459 | €43,520 | +€5,061 | +13.2% |
| Remuneration, social security and pensions | 62 | €359,653 | €471,368 | +€111,715 | +31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €274,610 | €290,162 | +€15,552 | +5.7% |
| Other operating charges | 640/8 | €19,254 | €21,533 | +€2,279 | +11.8% |
| Non-recurring operating charges | 66A | €500 | €1,873 | +€1,373 | +274.5% |
| Gross operating margin | 9900 | €625,410 | €784,187 | +€158,776 | +25.4% |
| Operating profit (loss) | 9901 | -€28,607 | -€750 | +€27,857 | +97.4% |
| Financial charges | 65/66B | €47,419 | €32,156 | -€15,264 | -32.2% |
| Recurring financial charges | 65 | €47,419 | €32,156 | -€15,264 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | -€76,026 | -€32,906 | +€43,121 | +56.7% |
| Profit (loss) for the period | 9904 | -€76,026 | -€32,906 | +€43,121 | +56.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€76,026 | -€32,906 | +€43,121 | +56.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.