Transmétaux: 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.
Transmétaux
Largest movements
- Tangible fixed assets -€155,596
down €155,596 (-26.0%), from €598,805 to €443,209
of which Plant, machinery and equipment: -€86,711
- Receivables within one year -€138,528
down €138,528 (-56.9%), from €243,632 to €105,104
of which Trade receivables: -€109,720
- Stocks and contracts +€58,492
up €58,492 (+7.3%), from €800,432 to €858,924
- Cash +€54,078
up €54,078 (+12.7%), from €424,617 to €478,695
mainly Depreciation (+€155,596) and Receivables within one year (+€138,528)
- Debts after one year -€102,924
down €102,924 (-28.7%), from €358,971 to €256,047
- Profit (loss) carried forward -€35,187
down €35,187 (-2.8%), from €1.2m to €1.2m
- Gross operating margin -€212,694
down €212,694 (-34.5%), from €616,757 to €404,063
- Staff costs -€112,474
down €112,474 (-31.7%), from €355,239 to €242,765
- Depreciation -€16,295
down €16,295 (-9.5%), from €171,890 to €155,596
- Financial charges -€8,880
down €8,880 (-24.7%), from €35,928 to €27,048
- Taxes -€7,532
down €7,532 (-97.2%), from €7,748 to €215
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 | €2,107,532 | €1,937,217 | -€170,316 | -8.1% |
| Fixed assets | 21/28 | €598,805 | €443,209 | -€155,596 | -26.0% |
| Tangible fixed assets | 22/27 | €598,805 | €443,209 | -€155,596 | -26.0% |
| Land and buildings | 22 | €294,962 | €256,292 | -€38,669 | -13.1% |
| Plant, machinery and equipment | 23 | €260,447 | €173,736 | -€86,711 | -33.3% |
| Furniture and vehicles | 24 | €43,396 | €13,180 | -€30,215 | -69.6% |
| Current assets | 29/58 | €1,508,728 | €1,494,008 | -€14,720 | -1.0% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €800,432 | €858,924 | +€58,492 | +7.3% |
| Stocks | 30/36 | €800,432 | €858,924 | +€58,492 | +7.3% |
| Amounts receivable within one year | 40/41 | €243,632 | €105,104 | -€138,528 | -56.9% |
| Trade receivables | 40 | €151,809 | €42,089 | -€109,720 | -72.3% |
| Other amounts receivable | 41 | €91,823 | €63,015 | -€28,808 | -31.4% |
| Cash at bank and in hand | 54/58 | €424,617 | €478,695 | +€54,078 | +12.7% |
| Deferred charges and accrued income | 490/1 | €25,047 | €36,285 | +€11,238 | +44.9% |
| Total equity and liabilities | 10/49 | €2,107,532 | €1,937,217 | -€170,316 | -8.1% |
| Equity | 10/15 | €1,349,999 | €1,314,812 | -€35,187 | -2.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €25,828 | €25,828 | = | 0.0% |
| Distributable reserves | 133 | €25,828 | €25,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,249,171 | €1,213,984 | -€35,187 | -2.8% |
| Amounts payable | 17/49 | €757,533 | €622,405 | -€135,128 | -17.8% |
| Amounts payable after more than one year | 17 | €358,971 | €256,047 | -€102,924 | -28.7% |
| Financial debts | 170/4 | €358,971 | €256,047 | -€102,924 | -28.7% |
| Amounts payable within one year | 42/48 | €387,746 | €362,553 | -€25,194 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €115,760 | €102,924 | -€12,836 | -11.1% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €109,528 | €95,932 | -€13,595 | -12.4% |
| Suppliers | 440/4 | €109,528 | €95,932 | -€13,595 | -12.4% |
| Taxes, remuneration and social security | 45 | €12,458 | €13,696 | +€1,238 | +9.9% |
| Taxes | 450/3 | €412 | €147 | -€266 | -64.4% |
| Remuneration and social security | 454/9 | €12,046 | €13,549 | +€1,504 | +12.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €10,816 | €3,805 | -€7,011 | -64.8% |
| Remuneration, social security and pensions | 62 | €355,239 | €242,765 | -€112,474 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,890 | €155,596 | -€16,295 | -9.5% |
| Other operating charges | 640/8 | €18,246 | €14,605 | -€3,641 | -20.0% |
| Non-recurring operating charges | 66A | €31,890 | €0 | -€31,890 | -100% |
| Gross operating margin | 9900 | €616,757 | €404,063 | -€212,694 | -34.5% |
| Operating profit (loss) | 9901 | €39,492 | -€8,903 | -€48,396 | |
| Financial income | 75/76B | €2,266 | €980 | -€1,286 | -56.8% |
| Recurring financial income | 75 | €2,266 | €980 | -€1,286 | -56.8% |
| Financial charges | 65/66B | €35,928 | €27,048 | -€8,880 | -24.7% |
| Recurring financial charges | 65 | €35,928 | €27,048 | -€8,880 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €5,830 | -€34,972 | -€40,802 | |
| Income taxes | 67/77 | €7,748 | €215 | -€7,532 | -97.2% |
| Profit (loss) for the period | 9904 | -€1,918 | -€35,187 | -€33,269 | -1,735% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,918 | -€35,187 | -€33,269 | -1,735% |
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 27 October 2026 via checked.be.