TRANSMEC BELGIUM: what changed
What changed
TRANSMEC BELGIUM
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
€152,703
2024 · €345,996-€193,294
Equity
€631,325
2024 · €728,623-€97,297
Cash
€650,245
2024 · €686,605-€36,360
Balance sheet total
€3.8m
2024 · €3.5m+€349,387
Largest movements
Assets
- Receivables within one year +€413,903
up €413,903 (+16.7%), from €2.5m to €2.9m
of which Trade receivables: +€403,283
Equity and liabilities
- Trade debts +€370,967
up €370,967 (+15.3%), from €2.4m to €2.8m
- Profit (loss) carried forward -€97,297
down €97,297 (-15.7%), from €619,463 to €522,165
- Tax, wage and social debts +€88,882
up €88,882 (+30.8%), from €288,249 to €377,130
of which Remuneration and social security: +€58,309
Income statement
- Staff costs +€279,422
up €279,422 (+16.8%), from €1.7m to €1.9m
- Taxes -€73,692
down €73,692 (-53.3%), from €138,209 to €64,516
- Gross operating margin +€67,113
up €67,113 (+3.0%), from €2.3m to €2.3m
- Write-downs +€31,905
up €31,905, from -€31,905 to €0
- Other operating charges +€26,602
up €26,602 (+27.4%), from €97,105 to €123,707
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€345,996
Gross operating margin
+€67,113
Staff costs
-€279,422
Depreciation
-€1,361
Write-downs
-€31,905
Other operating charges
-€26,602
Financial income
+€9,582
Financial charges
-€4,392
Taxes
+€73,692
Result 2025
€152,703
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€253,963
Investment
-€25,628
Financing
-€264,695
Cash 2024
€686,605
From operations (derived)
+€253,963
Net result for the year
+€152,703
Depreciation
+€53,532
Receivables within one year
-€413,903
Deferred charges and accrued income
+€251
Trade debts
+€370,967
Tax, wage and social debts
+€88,882
Accrued charges and deferred income
+€1,531
Investment (derived)
-€25,628
Investment in fixed assets (net)
-€25,628
Financing
-€264,695
Debts after one year
-€14,261
Current portion of long-term debt
-€434
Contributions, distributions and other
-€250,000
Cash 2025
€650,245
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,490,857 | €3,840,245 | +€349,387 | +10.0% |
| Fixed assets | 21/28 | €316,611 | €288,707 | -€27,904 | -8.8% |
| Tangible fixed assets | 22/27 | €316,476 | €288,572 | -€27,904 | -8.8% |
| Land and buildings | 22 | €248,032 | €227,226 | -€20,806 | -8.4% |
| Plant, machinery and equipment | 23 | €7,288 | €12,645 | +€5,357 | +73.5% |
| Furniture and vehicles | 24 | €11,826 | €13,444 | +€1,617 | +13.7% |
| Leasing and similar rights | 25 | €49,329 | €35,257 | -€14,072 | -28.5% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €3,174,246 | €3,551,538 | +€377,292 | +11.9% |
| Amounts receivable within one year | 40/41 | €2,476,167 | €2,890,070 | +€413,903 | +16.7% |
| Trade receivables | 40 | €2,460,832 | €2,864,115 | +€403,283 | +16.4% |
| Other amounts receivable | 41 | €15,335 | €25,955 | +€10,620 | +69.2% |
| Cash at bank and in hand | 54/58 | €686,605 | €650,245 | -€36,360 | -5.3% |
| Deferred charges and accrued income | 490/1 | €11,474 | €11,223 | -€251 | -2.2% |
| Total equity and liabilities | 10/49 | €3,490,857 | €3,840,245 | +€349,387 | +10.0% |
| Equity | 10/15 | €728,623 | €631,325 | -€97,297 | -13.4% |
| Contributions | 10/11 | €99,160 | €99,160 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €619,463 | €522,165 | -€97,297 | -15.7% |
| Amounts payable | 17/49 | €2,762,235 | €3,208,919 | +€446,685 | +16.2% |
| Amounts payable after more than one year | 17 | €37,804 | €23,543 | -€14,261 | -37.7% |
| Financial debts | 170/4 | €37,804 | €23,543 | -€14,261 | -37.7% |
| Amounts payable within one year | 42/48 | €2,724,431 | €3,183,845 | +€459,415 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €13,535 | €13,101 | -€434 | -3.2% |
| Trade debts | 44 | €2,422,647 | €2,793,614 | +€370,967 | +15.3% |
| Suppliers | 440/4 | €2,422,647 | €2,793,614 | +€370,967 | +15.3% |
| Taxes, remuneration and social security | 45 | €288,249 | €377,130 | +€88,882 | +30.8% |
| Taxes | 450/3 | €58,923 | €89,496 | +€30,572 | +51.9% |
| Remuneration and social security | 454/9 | €229,325 | €287,635 | +€58,309 | +25.4% |
| Accrued charges and deferred income | 492/3 | €0 | €1,531 | +€1,531 | |
| Remuneration, social security and pensions | 62 | €1,665,163 | €1,944,584 | +€279,422 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,172 | €53,532 | +€1,361 | +2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€31,905 | €0 | +€31,905 | |
| Other operating charges | 640/8 | €97,105 | €123,707 | +€26,602 | +27.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,258,507 | €2,325,620 | +€67,113 | +3.0% |
| Operating profit (loss) | 9901 | €475,972 | €203,796 | -€272,176 | -57.2% |
| Financial income | 75/76B | €20,520 | €30,102 | +€9,582 | +46.7% |
| Recurring financial income | 75 | €20,520 | €30,102 | +€9,582 | +46.7% |
| Financial charges | 65/66B | €12,288 | €16,680 | +€4,392 | +35.7% |
| Recurring financial charges | 65 | €12,288 | €16,680 | +€4,392 | +35.7% |
| Profit (loss) for the period before taxes | 9903 | €484,205 | €217,219 | -€266,986 | -55.1% |
| Income taxes | 67/77 | €138,209 | €64,516 | -€73,692 | -53.3% |
| Profit (loss) for the period | 9904 | €345,996 | €152,703 | -€193,294 | -55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €345,996 | €152,703 | -€193,294 | -55.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.