TRANSFORME - HOME: what changed
TRANSFORME - HOME
Largest movements
- Tangible fixed assets -€35,958
no longer reported in 2025 (was €35,958)
- Receivables within one year +€8,042
up €8,042 (+43.2%), from €18,614 to €26,656
of which Other amounts receivable: +€8,463
- Cash -€4,843
down €4,843 (-77.6%), from €6,239 to €1,397
mainly Net result for the year (-€26,609) and Receivables within one year (-€8,042)
- Profit (loss) carried forward -€26,609
down €26,609, from €2,050 to -€24,559
- Trade debts -€7,274
down €7,274 (-45.7%), from €15,926 to €8,652
- Short-term financial debts +€1,175
up €1,175 (+3.4%), from €34,500 to €35,675
- Financial charges +€12,906
up €12,906 (+347%), from €3,721 to €16,627
of which Non-recurring financial charges: +€13,558
- Other operating charges -€2,534
down €2,534 (-64.5%), from €3,927 to €1,393
- Depreciation -€678
no longer reported in 2025 (was €678)
- Gross operating margin -€630
down €630 (-4.5%), from €13,976 to €13,346
- Financial income +€390
up €390 (+192%), from €203 to €592
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,648 | €30,933 | -€32,715 | -51.4% |
| Fixed assets | 21/28 | €36,107 | €149 | -€35,958 | -99.6% |
| Tangible fixed assets | 22/27 | €35,958 | - | -€35,958 | |
| Land and buildings | 22 | €35,958 | - | -€35,958 | |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €27,541 | €30,784 | +€3,243 | +11.8% |
| Amounts receivable within one year | 40/41 | €18,614 | €26,656 | +€8,042 | +43.2% |
| Trade receivables | 40 | €11,093 | €10,672 | -€421 | -3.8% |
| Other amounts receivable | 41 | €7,521 | €15,985 | +€8,463 | +113% |
| Cash at bank and in hand | 54/58 | €6,239 | €1,397 | -€4,843 | -77.6% |
| Deferred charges and accrued income | 490/1 | €2,687 | €2,731 | +€44 | +1.6% |
| Total equity and liabilities | 10/49 | €63,648 | €30,933 | -€32,715 | -51.4% |
| Equity | 10/15 | €13,214 | -€13,395 | -€26,609 | |
| Contributions | 10/11 | €9,304 | €9,304 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,050 | -€24,559 | -€26,609 | |
| Amounts payable | 17/49 | €50,433 | €44,327 | -€6,106 | -12.1% |
| Amounts payable within one year | 42/48 | €50,433 | €44,327 | -€6,106 | -12.1% |
| Financial debts | 43 | €34,500 | €35,675 | +€1,175 | +3.4% |
| Credit institutions | 430/8 | €34,500 | €35,675 | +€1,175 | +3.4% |
| Trade debts | 44 | €15,926 | €8,652 | -€7,274 | -45.7% |
| Suppliers | 440/4 | €15,926 | €8,652 | -€7,274 | -45.7% |
| Taxes, remuneration and social security | 45 | €7 | - | -€7 | |
| Taxes | 450/3 | €7 | - | -€7 | |
| Remuneration, social security and pensions | 62 | - | €128 | +€128 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €678 | - | -€678 | |
| Other operating charges | 640/8 | €3,927 | €1,393 | -€2,534 | -64.5% |
| Non-recurring operating charges | 66A | - | €22,400 | +€22,400 | |
| Gross operating margin | 9900 | €13,976 | €13,346 | -€630 | -4.5% |
| Operating profit (loss) | 9901 | €9,371 | -€10,574 | -€19,945 | |
| Financial income | 75/76B | €203 | €592 | +€390 | +192% |
| Recurring financial income | 75 | €203 | €592 | +€390 | +192% |
| Financial charges | 65/66B | €3,721 | €16,627 | +€12,906 | +347% |
| Recurring financial charges | 65 | €3,721 | €3,069 | -€652 | -17.5% |
| Non-recurring financial charges | 66B | - | €13,558 | +€13,558 | |
| Profit (loss) for the period before taxes | 9903 | €5,853 | -€26,609 | -€32,462 | |
| Profit (loss) for the period | 9904 | €5,853 | -€26,609 | -€32,462 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,853 | -€26,609 | -€32,462 |
Next steps
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 1 November 2026 via checked.be.