TRANSNOMA: 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.
TRANSNOMA
Largest movements
- Receivables within one year +€47,000
up €47,000, from €0 to €47,000
- Tangible fixed assets -€34,830
down €34,830 (-5.0%), from €694,406 to €659,575
- Debts after one year +€140,000
up €140,000 (+280%), from €50,000 to €190,000
- Trade debts -€115,171
down €115,171 (-57.3%), from €200,919 to €85,748
- Short-term financial debts -€38,032
down €38,032 (-100%), from €38,032 to €0
- Reserves +€13,616
up €13,616 (+21.1%), from €64,615 to €78,231
- Other debts +€11,014
up €11,014 (+6.0%), from €184,581 to €195,595
- Depreciation +€6,447
up €6,447 (+22.7%), from €28,383 to €34,830
- Gross operating margin +€3,648
up €3,648 (+4.0%), from €91,101 to €94,749
- Financial charges -€2,829
down €2,829 (-15.3%), from €18,533 to €15,704
- Other operating charges +€2,091
up €2,091 (+9.2%), from €22,834 to €24,925
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 | €908,335 | €921,633 | +€13,299 | +1.5% |
| Fixed assets | 21/28 | €908,335 | €873,504 | -€34,830 | -3.8% |
| Tangible fixed assets | 22/27 | €694,406 | €659,575 | -€34,830 | -5.0% |
| Land and buildings | 22 | €694,406 | €659,575 | -€34,830 | -5.0% |
| Financial fixed assets | 28 | €213,929 | €213,929 | = | 0.0% |
| Current assets | 29/58 | €0 | €48,129 | +€48,129 | |
| Amounts receivable within one year | 40/41 | €0 | €47,000 | +€47,000 | |
| Trade receivables | 40 | €0 | €47,000 | +€47,000 | |
| Cash at bank and in hand | 54/58 | - | €1,129 | +€1,129 | |
| Total equity and liabilities | 10/49 | €908,335 | €921,633 | +€13,299 | +1.5% |
| Equity | 10/15 | €411,514 | €425,130 | +€13,616 | +3.3% |
| Contributions | 10/11 | €161,131 | €161,131 | = | 0.0% |
| Revaluation surpluses | 12 | €185,768 | €185,768 | = | 0.0% |
| Reserves | 13 | €64,615 | €78,231 | +€13,616 | +21.1% |
| Distributable reserves | 133 | €64,615 | €78,231 | +€13,616 | +21.1% |
| Amounts payable | 17/49 | €496,821 | €496,503 | -€318 | -0.1% |
| Amounts payable after more than one year | 17 | €50,000 | €190,000 | +€140,000 | +280% |
| Other amounts payable | 178/9 | €50,000 | €190,000 | +€140,000 | +280% |
| Amounts payable within one year | 42/48 | €435,808 | €297,083 | -€138,725 | -31.8% |
| Financial debts | 43 | €38,032 | €0 | -€38,032 | -100% |
| Credit institutions | 430/8 | €38,032 | €0 | -€38,032 | -100% |
| Trade debts | 44 | €200,919 | €85,748 | -€115,171 | -57.3% |
| Suppliers | 440/4 | €200,919 | €85,748 | -€115,171 | -57.3% |
| Taxes, remuneration and social security | 45 | €12,276 | €15,740 | +€3,465 | +28.2% |
| Taxes | 450/3 | €12,276 | €15,740 | +€3,465 | +28.2% |
| Other amounts payable | 47/48 | €184,581 | €195,595 | +€11,014 | +6.0% |
| Accrued charges and deferred income | 492/3 | €11,014 | €9,421 | -€1,593 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,383 | €34,830 | +€6,447 | +22.7% |
| Other operating charges | 640/8 | €22,834 | €24,925 | +€2,091 | +9.2% |
| Gross operating margin | 9900 | €91,101 | €94,749 | +€3,648 | +4.0% |
| Operating profit (loss) | 9901 | €39,884 | €34,994 | -€4,891 | -12.3% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €18,533 | €15,704 | -€2,829 | -15.3% |
| Recurring financial charges | 65 | €18,533 | €15,704 | -€2,829 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €21,351 | €19,310 | -€2,042 | -9.6% |
| Income taxes | 67/77 | €6,010 | €5,693 | -€316 | -5.3% |
| Profit (loss) for the period | 9904 | €15,342 | €13,616 | -€1,725 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,342 | €13,616 | -€1,725 | -11.2% |
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 15 October 2026 via checked.be.