Transmedica: 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.
Transmedica
Largest movements
- Cash -€48,125
down €48,125 (-21.5%), from €223,864 to €175,739
mainly Contributions, distributions and other (-€177,106) and Trade debts (-€21,834)
- Current investments +€8,343
up €8,343 (+9.5%), from €87,708 to €96,051
- Tangible fixed assets -€5,349
down €5,349 (-25.0%), from €21,394 to €16,046
of which Other tangible fixed assets: -€5,349
- Receivables within one year +€5,040
up €5,040 (+6.9%), from €72,872 to €77,912
of which Trade receivables: +€8,512
- Reserves -€90,032
down €90,032 (-42.2%), from €213,213 to €123,181
- Other debts +€69,405
up €69,405 (+48.0%), from €144,656 to €214,061
- Trade debts -€21,834
down €21,834 (-75.6%), from €28,891 to €7,057
- Gross operating margin +€51,324
up €51,324 (+81.3%), from €63,123 to €114,446
- Taxes +€11,444
up €11,444 (+101%), from €11,312 to €22,755
- Depreciation -€6,263
down €6,263 (-53.9%), from €11,612 to €5,349
- Financial income +€5,914
up €5,914 (+224%), from €2,642 to €8,556
- Financial charges +€4,273
up €4,273 (+179%), from €2,385 to €6,658
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 | €407,796 | €367,545 | -€40,251 | -9.9% |
| Fixed assets | 21/28 | €21,394 | €16,046 | -€5,349 | -25.0% |
| Tangible fixed assets | 22/27 | €21,394 | €16,046 | -€5,349 | -25.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €21,394 | €16,046 | -€5,349 | -25.0% |
| Current assets | 29/58 | €386,402 | €351,499 | -€34,903 | -9.0% |
| Amounts receivable within one year | 40/41 | €72,872 | €77,912 | +€5,040 | +6.9% |
| Trade receivables | 40 | €39,616 | €48,128 | +€8,512 | +21.5% |
| Other amounts receivable | 41 | €33,256 | €29,784 | -€3,473 | -10.4% |
| Current investments | 50/53 | €87,708 | €96,051 | +€8,343 | +9.5% |
| Cash at bank and in hand | 54/58 | €223,864 | €175,739 | -€48,125 | -21.5% |
| Deferred charges and accrued income | 490/1 | €1,958 | €1,798 | -€160 | -8.2% |
| Total equity and liabilities | 10/49 | €407,796 | €367,545 | -€40,251 | -9.9% |
| Equity | 10/15 | €220,213 | €130,181 | -€90,032 | -40.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €213,213 | €123,181 | -€90,032 | -42.2% |
| Distributable reserves | 133 | €213,213 | €123,181 | -€90,032 | -42.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €187,584 | €237,364 | +€49,780 | +26.5% |
| Amounts payable within one year | 42/48 | €187,584 | €237,364 | +€49,780 | +26.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €28,891 | €7,057 | -€21,834 | -75.6% |
| Suppliers | 440/4 | €28,891 | €7,057 | -€21,834 | -75.6% |
| Taxes, remuneration and social security | 45 | €14,037 | €16,246 | +€2,209 | +15.7% |
| Taxes | 450/3 | €14,037 | €16,246 | +€2,209 | +15.7% |
| Other amounts payable | 47/48 | €144,656 | €214,061 | +€69,405 | +48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,612 | €5,349 | -€6,263 | -53.9% |
| Other operating charges | 640/8 | €1,000 | €985 | -€15 | -1.5% |
| Non-recurring operating charges | 66A | - | €182 | +€182 | |
| Gross operating margin | 9900 | €63,123 | €114,446 | +€51,324 | +81.3% |
| Operating profit (loss) | 9901 | €50,511 | €107,932 | +€57,421 | +114% |
| Financial income | 75/76B | €2,642 | €8,556 | +€5,914 | +224% |
| Recurring financial income | 75 | €2,642 | €8,556 | +€5,914 | +224% |
| Financial charges | 65/66B | €2,385 | €6,658 | +€4,273 | +179% |
| Recurring financial charges | 65 | €2,385 | €6,658 | +€4,273 | +179% |
| Profit (loss) for the period before taxes | 9903 | €50,768 | €109,830 | +€59,061 | +116% |
| Income taxes | 67/77 | €11,312 | €22,755 | +€11,444 | +101% |
| Profit (loss) for the period | 9904 | €39,457 | €87,074 | +€47,618 | +121% |
| Profit (loss) for the period to be appropriated | 9905 | €39,457 | €87,074 | +€47,618 | +121% |
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 23 October 2026 via checked.be.