TRANSMOSCA: 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.
TRANSMOSCA
Largest movements
- Tangible fixed assets +€411,377
up €411,377 (+26.5%), from €1.6m to €2.0m
of which Plant, machinery and equipment: +€352,748
- Cash +€128,814
up €128,814 (+14.6%), from €879,591 to €1.0m
mainly Depreciation (+€440,487) and Debts after one year (+€301,228)
- Receivables within one year -€84,725
down €84,725 (-4.9%), from €1.7m to €1.6m
of which Trade receivables: -€107,573
- Debts after one year +€301,228
up €301,228 (+57.8%), from €520,773 to €822,001
- Trade debts -€161,166
down €161,166 (-14.4%), from €1.1m to €957,638
- Reserves +€158,137
up €158,137 (+17.8%), from €890,175 to €1.0m
of which Distributable reserves: +€158,137
- Current portion of long-term debt +€109,818
up €109,818 (+36.5%), from €300,658 to €410,476
- Tax, wage and social debts +€62,125
up €62,125 (+62.6%), from €99,171 to €161,296
of which Remuneration and social security: +€51,988
- Gross operating margin +€204,065
up €204,065 (+12.8%), from €1.6m to €1.8m
- Staff costs +€73,390
up €73,390 (+8.4%), from €872,592 to €945,982
- Depreciation +€73,055
up €73,055 (+19.9%), from €367,432 to €440,487
- Financial charges +€53,789
up €53,789 (+100.1%), from €53,752 to €107,541
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,208,874 | €4,683,442 | +€474,568 | +11.3% |
| Formation expenses | 20 | - | €4,122 | +€4,122 | |
| Fixed assets | 21/28 | €1,574,875 | €1,986,252 | +€411,377 | +26.1% |
| Tangible fixed assets | 22/27 | €1,555,197 | €1,966,573 | +€411,377 | +26.5% |
| Plant, machinery and equipment | 23 | €196,700 | €549,448 | +€352,748 | +179.3% |
| Furniture and vehicles | 24 | €36,012 | €55,440 | +€19,428 | +53.9% |
| Leasing and similar rights | 25 | €1,023,461 | €1,030,693 | +€7,232 | +0.7% |
| Other tangible fixed assets | 26 | €299,024 | €330,993 | +€31,969 | +10.7% |
| Financial fixed assets | 28 | €19,679 | €19,679 | = | 0.0% |
| Current assets | 29/58 | €2,633,999 | €2,693,068 | +€59,069 | +2.2% |
| Stocks and contracts in progress | 3 | €488 | €0 | -€488 | -100.0% |
| Stocks | 30/36 | €488 | €0 | -€488 | -100.0% |
| Amounts receivable within one year | 40/41 | €1,723,610 | €1,638,885 | -€84,725 | -4.9% |
| Trade receivables | 40 | €1,532,906 | €1,425,333 | -€107,573 | -7.0% |
| Other amounts receivable | 41 | €190,704 | €213,552 | +€22,848 | +12.0% |
| Cash at bank and in hand | 54/58 | €879,591 | €1,008,405 | +€128,814 | +14.6% |
| Deferred charges and accrued income | 490/1 | €30,310 | €45,778 | +€15,469 | +51.0% |
| Total equity and liabilities | 10/49 | €4,208,874 | €4,683,442 | +€474,568 | +11.3% |
| Equity | 10/15 | €964,725 | €1,122,862 | +€158,137 | +16.4% |
| Contributions | 10/11 | €74,550 | €74,550 | = | 0.0% |
| Outside capital | 11 | €74,550 | - | -€74,550 | |
| Other | 1109/19 | €74,550 | - | -€74,550 | |
| Reserves | 13 | €890,175 | €1,048,312 | +€158,137 | +17.8% |
| Non-distributable reserves | 130/1 | €56,325 | €56,325 | = | 0.0% |
| Reserves not available under the articles | 1311 | €56,325 | €56,325 | = | 0.0% |
| Distributable reserves | 133 | €833,850 | €991,987 | +€158,137 | +19.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €3,244,149 | €3,560,580 | +€316,431 | +9.8% |
| Amounts payable after more than one year | 17 | €520,773 | €822,001 | +€301,228 | +57.8% |
| Financial debts | 170/4 | €520,773 | €822,001 | +€301,228 | +57.8% |
| Amounts payable within one year | 42/48 | €2,497,491 | €2,563,098 | +€65,607 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €300,658 | €410,476 | +€109,818 | +36.5% |
| Financial debts | 43 | - | €40,000 | +€40,000 | |
| Credit institutions | 430/8 | - | €40,000 | +€40,000 | |
| Trade debts | 44 | €1,118,805 | €957,638 | -€161,166 | -14.4% |
| Suppliers | 440/4 | €1,118,805 | €957,638 | -€161,166 | -14.4% |
| Advances received on contracts in progress | 46 | €2,642 | €22,308 | +€19,666 | +744.4% |
| Taxes, remuneration and social security | 45 | €99,171 | €161,296 | +€62,125 | +62.6% |
| Taxes | 450/3 | €17,259 | €27,397 | +€10,138 | +58.7% |
| Remuneration and social security | 454/9 | €81,912 | €133,899 | +€51,988 | +63.5% |
| Other amounts payable | 47/48 | €976,216 | €971,379 | -€4,837 | -0.5% |
| Accrued charges and deferred income | 492/3 | €225,885 | €175,481 | -€50,404 | -22.3% |
| Non-recurring operating income | 76A | €38,842 | €22,664 | -€16,178 | -41.7% |
| Remuneration, social security and pensions | 62 | €872,592 | €945,982 | +€73,390 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €367,432 | €440,487 | +€73,055 | +19.9% |
| Other operating charges | 640/8 | €46,788 | €53,290 | +€6,501 | +13.9% |
| Non-recurring operating charges | 66A | €11,438 | -€271 | -€11,710 | |
| Gross operating margin | 9900 | €1,590,002 | €1,794,067 | +€204,065 | +12.8% |
| Operating profit (loss) | 9901 | €291,751 | €354,580 | +€62,828 | +21.5% |
| Financial income | 75/76B | €2,353 | €1,313 | -€1,040 | -44.2% |
| Recurring financial income | 75 | €2,353 | €1,313 | -€1,040 | -44.2% |
| Financial charges | 65/66B | €53,752 | €107,541 | +€53,789 | +100.1% |
| Recurring financial charges | 65 | €53,752 | €107,541 | +€53,789 | +100.1% |
| Profit (loss) for the period before taxes | 9903 | €240,352 | €248,351 | +€7,999 | +3.3% |
| Income taxes | 67/77 | €78,969 | €69,984 | -€8,985 | -11.4% |
| Profit (loss) for the period | 9904 | €161,383 | €178,367 | +€16,984 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €161,383 | €178,367 | +€16,984 | +10.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.