TRANSMISSIES STORME: 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.
TRANSMISSIES STORME
Largest movements
- Receivables within one year -€57,431
down €57,431 (-37.5%), from €153,154 to €95,723
of which Trade receivables: -€46,887
- Receivables after one year -€50,000
down €50,000 (-25.0%), from €200,000 to €150,000
- Stocks and contracts +€42,790
up €42,790 (+297%), from €14,392 to €57,182
- Tangible fixed assets -€35,096
down €35,096 (-5.2%), from €670,568 to €635,472
of which Land and buildings: -€26,397
- Cash +€33,891
up €33,891 (+17.2%), from €197,393 to €231,284
mainly Net result for the year (+€88,708) and Receivables within one year (+€57,431)
- Debts after one year -€51,011
down €51,011 (-9.7%), from €526,599 to €475,588
of which Financial debts: -€51,011
- Trade debts -€18,345
down €18,345 (-55.4%), from €33,111 to €14,766
- Gross operating margin +€74,276
up €74,276 (+24.9%), from €298,553 to €372,829
- Write-downs +€63,999
new in 2025: €63,999
- Staff costs +€20,572
up €20,572 (+22.2%), from €92,740 to €113,313
- Financial income +€8,920
up €8,920 (+456%), from €1,956 to €10,876
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 | €1,239,577 | €1,174,978 | -€64,599 | -5.2% |
| Fixed assets | 21/28 | €670,568 | €635,472 | -€35,096 | -5.2% |
| Tangible fixed assets | 22/27 | €670,568 | €635,472 | -€35,096 | -5.2% |
| Land and buildings | 22 | €646,859 | €620,462 | -€26,397 | -4.1% |
| Plant, machinery and equipment | 23 | €12,163 | €7,497 | -€4,666 | -38.4% |
| Furniture and vehicles | 24 | €11,546 | €7,514 | -€4,032 | -34.9% |
| Current assets | 29/58 | €569,009 | €539,506 | -€29,503 | -5.2% |
| Amounts receivable after more than one year | 29 | €200,000 | €150,000 | -€50,000 | -25.0% |
| Other amounts receivable | 291 | €200,000 | €150,000 | -€50,000 | -25.0% |
| Stocks and contracts in progress | 3 | €14,392 | €57,182 | +€42,790 | +297% |
| Stocks | 30/36 | €14,392 | €57,182 | +€42,790 | +297% |
| Amounts receivable within one year | 40/41 | €153,154 | €95,723 | -€57,431 | -37.5% |
| Trade receivables | 40 | €142,610 | €95,723 | -€46,887 | -32.9% |
| Other amounts receivable | 41 | €10,544 | €0 | -€10,544 | -100% |
| Cash at bank and in hand | 54/58 | €197,393 | €231,284 | +€33,891 | +17.2% |
| Deferred charges and accrued income | 490/1 | €4,070 | €5,317 | +€1,247 | +30.6% |
| Total equity and liabilities | 10/49 | €1,239,577 | €1,174,978 | -€64,599 | -5.2% |
| Equity | 10/15 | €515,975 | €507,157 | -€8,818 | -1.7% |
| Contributions | 10/11 | €63,298 | €63,298 | = | 0.0% |
| Reserves | 13 | €263,843 | €255,025 | -€8,818 | -3.3% |
| Distributable reserves | 133 | €263,843 | €255,025 | -€8,818 | -3.3% |
| Profit (loss) carried forward | 14 | €188,834 | €188,834 | = | 0.0% |
| Amounts payable | 17/49 | €723,602 | €667,821 | -€55,781 | -7.7% |
| Amounts payable after more than one year | 17 | €526,599 | €475,588 | -€51,011 | -9.7% |
| Financial debts | 170/4 | €523,985 | €472,974 | -€51,011 | -9.7% |
| Other amounts payable | 178/9 | €2,614 | €2,614 | = | 0.0% |
| Amounts payable within one year | 42/48 | €194,802 | €188,601 | -€6,201 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €52,609 | €55,154 | +€2,544 | +4.8% |
| Financial debts | 43 | €6,867 | €5,105 | -€1,762 | -25.7% |
| Credit institutions | 430/8 | €6,867 | €5,105 | -€1,762 | -25.7% |
| Trade debts | 44 | €33,111 | €14,766 | -€18,345 | -55.4% |
| Suppliers | 440/4 | €33,111 | €14,766 | -€18,345 | -55.4% |
| Taxes, remuneration and social security | 45 | €69,810 | €81,975 | +€12,165 | +17.4% |
| Taxes | 450/3 | €44,868 | €60,958 | +€16,090 | +35.9% |
| Remuneration and social security | 454/9 | €24,942 | €21,017 | -€3,925 | -15.7% |
| Other amounts payable | 47/48 | €32,405 | €31,601 | -€804 | -2.5% |
| Accrued charges and deferred income | 492/3 | €2,201 | €3,632 | +€1,431 | +65.0% |
| Remuneration, social security and pensions | 62 | €92,740 | €113,313 | +€20,572 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,870 | €35,096 | -€2,774 | -7.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €63,999 | +€63,999 | |
| Other operating charges | 640/8 | €9,450 | €12,322 | +€2,872 | +30.4% |
| Gross operating margin | 9900 | €298,553 | €372,829 | +€74,276 | +24.9% |
| Operating profit (loss) | 9901 | €158,493 | €148,100 | -€10,394 | -6.6% |
| Financial income | 75/76B | €1,956 | €10,876 | +€8,920 | +456% |
| Recurring financial income | 75 | €1,956 | €10,876 | +€8,920 | +456% |
| Financial charges | 65/66B | €32,050 | €30,506 | -€1,544 | -4.8% |
| Recurring financial charges | 65 | €32,050 | €30,506 | -€1,544 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €128,399 | €128,470 | +€70 | +0.1% |
| Income taxes | 67/77 | €38,701 | €39,762 | +€1,060 | +2.7% |
| Profit (loss) for the period | 9904 | €89,698 | €88,708 | -€990 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €89,698 | €88,708 | -€990 | -1.1% |
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 25 October 2026 via checked.be.