TRANSMECA: 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.
TRANSMECA
Largest movements
- Receivables within one year +€432,474
up €432,474 (+103.5%), from €417,850 to €850,324
of which Trade receivables: +€445,874
- Cash -€180,862
down €180,862 (-71.2%), from €254,139 to €73,276
mainly Receivables within one year (-€432,474) and Other debts (-€255,000)
- Tangible fixed assets +€156,018
up €156,018 (+84.6%), from €184,423 to €340,441
of which Leasing and similar rights: +€203,585
- Stocks and contracts -€31,887
down €31,887 (-3.6%), from €896,562 to €864,675
- Other debts -€255,000
down €255,000 (-67.1%), from €380,000 to €125,000
- Trade debts +€228,937
up €228,937 (+65.7%), from €348,336 to €577,273
- Reserves +€191,050
up €191,050 (+26.4%), from €722,547 to €913,597
of which Tax-exempt reserves: +€105,250
- Debts after one year +€113,559
up €113,559 (+104.2%), from €109,000 to €222,559
- Current portion of long-term debt +€62,648
up €62,648 (+193.7%), from €32,343 to €94,991
- Staff costs -€65,131
down €65,131 (-6.6%), from €981,818 to €916,687
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 | €2,091,690 | €2,465,529 | +€373,839 | +17.9% |
| Fixed assets | 21/28 | €509,548 | €665,566 | +€156,018 | +30.6% |
| Tangible fixed assets | 22/27 | €184,423 | €340,441 | +€156,018 | +84.6% |
| Land and buildings | 22 | €113,603 | €91,244 | -€22,359 | -19.7% |
| Plant, machinery and equipment | 23 | €70,820 | €41,972 | -€28,849 | -40.7% |
| Furniture and vehicles | 24 | - | €3,641 | +€3,641 | |
| Leasing and similar rights | 25 | - | €203,585 | +€203,585 | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €325,125 | €325,125 | = | 0.0% |
| Current assets | 29/58 | €1,582,142 | €1,799,963 | +€217,821 | +13.8% |
| Stocks and contracts in progress | 3 | €896,562 | €864,675 | -€31,887 | -3.6% |
| Stocks | 30/36 | €896,562 | €864,675 | -€31,887 | -3.6% |
| Amounts receivable within one year | 40/41 | €417,850 | €850,324 | +€432,474 | +103.5% |
| Trade receivables | 40 | €323,792 | €769,666 | +€445,874 | +137.7% |
| Other amounts receivable | 41 | €94,058 | €80,658 | -€13,400 | -14.2% |
| Cash at bank and in hand | 54/58 | €254,139 | €73,276 | -€180,862 | -71.2% |
| Deferred charges and accrued income | 490/1 | €13,591 | €11,688 | -€1,903 | -14.0% |
| Total equity and liabilities | 10/49 | €2,091,690 | €2,465,529 | +€373,839 | +17.9% |
| Equity | 10/15 | €1,053,110 | €1,244,233 | +€191,123 | +18.1% |
| Contributions | 10/11 | €310,535 | €310,535 | = | 0.0% |
| Capital | 10 | €295,000 | €295,000 | = | 0.0% |
| Issued capital | 100 | €295,000 | €295,000 | = | 0.0% |
| Outside capital | 11 | €15,535 | €15,535 | = | 0.0% |
| Share premium | 1100/10 | €15,535 | €15,535 | = | 0.0% |
| Reserves | 13 | €722,547 | €913,597 | +€191,050 | +26.4% |
| Non-distributable reserves | 130/1 | €29,500 | €29,500 | = | 0.0% |
| Legal reserve | 130 | €29,500 | €29,500 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €105,250 | +€105,250 | |
| Distributable reserves | 133 | €693,047 | €778,847 | +€85,800 | +12.4% |
| Profit (loss) carried forward | 14 | €20,028 | €20,101 | +€73 | +0.4% |
| Amounts payable | 17/49 | €1,038,580 | €1,221,297 | +€182,716 | +17.6% |
| Amounts payable after more than one year | 17 | €109,000 | €222,559 | +€113,559 | +104.2% |
| Financial debts | 170/4 | €109,000 | €222,559 | +€113,559 | +104.2% |
| Amounts payable within one year | 42/48 | €916,473 | €977,107 | +€60,634 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €32,343 | €94,991 | +€62,648 | +193.7% |
| Trade debts | 44 | €348,336 | €577,273 | +€228,937 | +65.7% |
| Suppliers | 440/4 | €348,336 | €577,273 | +€228,937 | +65.7% |
| Taxes, remuneration and social security | 45 | €155,793 | €179,843 | +€24,050 | +15.4% |
| Taxes | 450/3 | €20,629 | €40,670 | +€20,041 | +97.2% |
| Remuneration and social security | 454/9 | €135,165 | €139,173 | +€4,008 | +3.0% |
| Other amounts payable | 47/48 | €380,000 | €125,000 | -€255,000 | -67.1% |
| Accrued charges and deferred income | 492/3 | €13,108 | €21,631 | +€8,523 | +65.0% |
| Remuneration, social security and pensions | 62 | €981,818 | €916,687 | -€65,131 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,953 | €67,209 | +€10,256 | +18.0% |
| Other operating charges | 640/8 | €7,087 | €7,214 | +€127 | +1.8% |
| Gross operating margin | 9900 | €1,268,660 | €1,260,637 | -€8,023 | -0.6% |
| Operating profit (loss) | 9901 | €222,802 | €269,528 | +€46,726 | +21.0% |
| Financial income | 75/76B | €268 | €0 | -€268 | -100.0% |
| Recurring financial income | 75 | €268 | €0 | -€268 | -100.0% |
| Financial charges | 65/66B | €6,987 | €9,159 | +€2,172 | +31.1% |
| Recurring financial charges | 65 | €6,987 | €9,159 | +€2,172 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | €216,084 | €260,369 | +€44,286 | +20.5% |
| Income taxes | 67/77 | €59,087 | €69,246 | +€10,159 | +17.2% |
| Profit (loss) for the period | 9904 | €156,996 | €191,123 | +€34,126 | +21.7% |
| Transfer to tax-exempt reserves | 689 | - | €105,250 | +€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €156,996 | €85,873 | -€71,124 | -45.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.