TRANSMET LOGISTICS: 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.
TRANSMET LOGISTICS
Largest movements
- Cash +€31,519
up €31,519 (+13.8%), from €228,581 to €260,100
mainly Net result for the year (+€52,293) and Depreciation (+€28,667)
- Tangible fixed assets -€28,667
down €28,667 (-21.4%), from €133,900 to €105,233
of which Plant, machinery and equipment: -€14,682
- Receivables within one year +€21,500
up €21,500 (+51.9%), from €41,404 to €62,903
of which Trade receivables: +€18,813
- Reserves +€52,293
up €52,293 (+19.9%), from €262,470 to €314,763
- Debts after one year -€18,391
down €18,391 (-28.5%), from €64,530 to €46,139
- Trade debts -€10,856
down €10,856 (-64.5%), from €16,834 to €5,979
- Gross operating margin -€9,329
down €9,329 (-6.9%), from €134,550 to €125,221
- Depreciation +€5,848
up €5,848 (+25.6%), from €22,819 to €28,667
- Taxes -€2,687
down €2,687 (-13.1%), from €20,569 to €17,883
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 | €406,911 | €431,394 | +€24,484 | +6.0% |
| Fixed assets | 21/28 | €133,900 | €105,233 | -€28,667 | -21.4% |
| Tangible fixed assets | 22/27 | €133,900 | €105,233 | -€28,667 | -21.4% |
| Plant, machinery and equipment | 23 | €73,439 | €58,757 | -€14,682 | -20.0% |
| Furniture and vehicles | 24 | €46,639 | €36,252 | -€10,386 | -22.3% |
| Other tangible fixed assets | 26 | €13,823 | €10,223 | -€3,599 | -26.0% |
| Current assets | 29/58 | €273,011 | €326,162 | +€53,151 | +19.5% |
| Amounts receivable within one year | 40/41 | €41,404 | €62,903 | +€21,500 | +51.9% |
| Trade receivables | 40 | €36,973 | €55,786 | +€18,813 | +50.9% |
| Other amounts receivable | 41 | €4,431 | €7,117 | +€2,687 | +60.6% |
| Cash at bank and in hand | 54/58 | €228,581 | €260,100 | +€31,519 | +13.8% |
| Deferred charges and accrued income | 490/1 | €3,026 | €3,159 | +€133 | +4.4% |
| Total equity and liabilities | 10/49 | €406,911 | €431,394 | +€24,484 | +6.0% |
| Equity | 10/15 | €271,832 | €324,125 | +€52,293 | +19.2% |
| Contributions | 10/11 | €9,362 | €9,362 | = | 0.0% |
| Reserves | 13 | €262,470 | €314,763 | +€52,293 | +19.9% |
| Distributable reserves | 133 | €262,470 | €314,763 | +€52,293 | +19.9% |
| Amounts payable | 17/49 | €135,078 | €107,269 | -€27,809 | -20.6% |
| Amounts payable after more than one year | 17 | €64,530 | €46,139 | -€18,391 | -28.5% |
| Financial debts | 170/4 | €64,530 | €46,139 | -€18,391 | -28.5% |
| Amounts payable within one year | 42/48 | €70,548 | €61,130 | -€9,418 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €17,868 | €18,391 | +€524 | +2.9% |
| Trade debts | 44 | €16,834 | €5,979 | -€10,856 | -64.5% |
| Suppliers | 440/4 | €16,834 | €5,979 | -€10,856 | -64.5% |
| Taxes, remuneration and social security | 45 | €4,899 | €5,813 | +€914 | +18.7% |
| Taxes | 450/3 | €4,899 | €5,813 | +€914 | +18.7% |
| Other amounts payable | 47/48 | €30,947 | €30,947 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,819 | €28,667 | +€5,848 | +25.6% |
| Other operating charges | 640/8 | €20,507 | €21,399 | +€891 | +4.3% |
| Gross operating margin | 9900 | €134,550 | €125,221 | -€9,329 | -6.9% |
| Operating profit (loss) | 9901 | €91,224 | €75,155 | -€16,069 | -17.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €4,996 | €4,980 | -€16 | -0.3% |
| Recurring financial charges | 65 | €4,996 | €4,980 | -€16 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €86,228 | €70,176 | -€16,052 | -18.6% |
| Income taxes | 67/77 | €20,569 | €17,883 | -€2,687 | -13.1% |
| Profit (loss) for the period | 9904 | €65,659 | €52,293 | -€13,366 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,659 | €52,293 | -€13,366 | -20.4% |
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 14 October 2026 via checked.be.