Transtel-Sabima: what changed
What changed
Transtel-Sabima
NACE 46.431, Wholesale of electrical household appliances and audio-video equipment
filed annual accounts (NBB)
Net result for the year
€53,978
2024 · €29,858+€24,120
Equity
€1.3m
2024 · €1.3m+€53,978
Cash
€252,142
2024 · €331,134-€78,992
Balance sheet total
€3.6m
2024 · €3.9m-€318,678
Largest movements
Assets
- Tangible fixed assets -€232,697
down €232,697 (-6.7%), from €3.5m to €3.2m
of which Land and buildings: -€318,733
- Cash -€78,992
down €78,992 (-23.9%), from €331,134 to €252,142
mainly Debts after one year (-€337,500) and Investment in fixed assets (net) (-€91,376)
Equity and liabilities
- Debts after one year -€337,500
down €337,500 (-13.5%), from €2.5m to €2.2m
- Reserves +€53,978
up €53,978 (+4.5%), from €1.2m to €1.3m
of which Distributable reserves: +€53,978
- Accrued charges and deferred income -€47,687
down €47,687 (-46.0%), from €103,670 to €55,982
Income statement
- Financial charges -€35,963
down €35,963 (-38.9%), from €92,539 to €56,577
- Depreciation +€5,390
up €5,390 (+1.7%), from €318,733 to €324,124
- Taxes +€5,353
up €5,353 (+50.3%), from €10,632 to €15,985
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€29,858
Gross operating margin
+€4,448
Staff costs
-€4,287
Depreciation
-€5,390
Other operating charges
-€1,967
Other operating items
+€748
Financial income
-€41
Financial charges
+€35,963
Taxes
-€5,353
Result 2025
€53,978
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€349,884
Investment
-€91,376
Financing
-€337,500
Cash 2024
€331,134
From operations (derived)
+€349,884
Net result for the year
+€53,978
Depreciation
+€324,124
Receivables within one year
+€11,337
Deferred charges and accrued income
-€4,399
Trade debts
+€6,306
Tax, wage and social debts
+€6,225
Accrued charges and deferred income
-€47,687
Investment (derived)
-€91,376
Investment in fixed assets (net)
-€91,376
Financing
-€337,500
Debts after one year
-€337,500
Cash 2025
€252,142
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,869,906 | €3,551,229 | -€318,678 | -8.2% |
| Fixed assets | 21/28 | €3,474,766 | €3,242,018 | -€232,747 | -6.7% |
| Tangible fixed assets | 22/27 | €3,474,716 | €3,242,018 | -€232,697 | -6.7% |
| Land and buildings | 22 | €3,474,716 | €3,155,983 | -€318,733 | -9.2% |
| Plant, machinery and equipment | 23 | - | €989 | +€989 | |
| Other tangible fixed assets | 26 | - | €85,047 | +€85,047 | |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €395,141 | €309,210 | -€85,930 | -21.7% |
| Amounts receivable within one year | 40/41 | €63,987 | €52,650 | -€11,337 | -17.7% |
| Trade receivables | 40 | €48,632 | €43,282 | -€5,350 | -11.0% |
| Other amounts receivable | 41 | €15,355 | €9,368 | -€5,988 | -39.0% |
| Cash at bank and in hand | 54/58 | €331,134 | €252,142 | -€78,992 | -23.9% |
| Deferred charges and accrued income | 490/1 | €19 | €4,418 | +€4,399 | +22,675% |
| Total equity and liabilities | 10/49 | €3,869,906 | €3,551,229 | -€318,678 | -8.2% |
| Equity | 10/15 | €1,268,369 | €1,322,347 | +€53,978 | +4.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €1,206,395 | €1,260,374 | +€53,978 | +4.5% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €1,200,198 | €1,254,176 | +€53,978 | +4.5% |
| Amounts payable | 17/49 | €2,601,538 | €2,228,881 | -€372,656 | -14.3% |
| Amounts payable after more than one year | 17 | €2,491,500 | €2,154,000 | -€337,500 | -13.5% |
| Other amounts payable | 178/9 | €2,491,500 | €2,154,000 | -€337,500 | -13.5% |
| Amounts payable within one year | 42/48 | €6,368 | €18,899 | +€12,531 | +197% |
| Trade debts | 44 | - | €6,306 | +€6,306 | |
| Suppliers | 440/4 | - | €6,306 | +€6,306 | |
| Taxes, remuneration and social security | 45 | €6,368 | €12,593 | +€6,225 | +97.8% |
| Taxes | 450/3 | €6,368 | €12,593 | +€6,225 | +97.8% |
| Accrued charges and deferred income | 492/3 | €103,670 | €55,982 | -€47,687 | -46.0% |
| Non-recurring operating income | 76A | €7,012 | - | -€7,012 | |
| Remuneration, social security and pensions | 62 | €19,506 | €23,792 | +€4,287 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €318,733 | €324,124 | +€5,390 | +1.7% |
| Other operating charges | 640/8 | €27,095 | €29,062 | +€1,967 | +7.3% |
| Non-recurring operating charges | 66A | €748 | - | -€748 | |
| Gross operating margin | 9900 | €499,066 | €503,514 | +€4,448 | +0.9% |
| Operating profit (loss) | 9901 | €132,984 | €126,536 | -€6,448 | -4.8% |
| Financial income | 75/76B | €46 | €5 | -€41 | -90.0% |
| Recurring financial income | 75 | €46 | €5 | -€41 | -90.0% |
| Financial charges | 65/66B | €92,539 | €56,577 | -€35,963 | -38.9% |
| Recurring financial charges | 65 | €92,539 | €56,577 | -€35,963 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €40,490 | €69,964 | +€29,473 | +72.8% |
| Income taxes | 67/77 | €10,632 | €15,985 | +€5,353 | +50.3% |
| Profit (loss) for the period | 9904 | €29,858 | €53,978 | +€24,120 | +80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,858 | €53,978 | +€24,120 | +80.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.