2trade.com: what changed
What changed
2trade.com
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€54,451
2024 · -€36,081-€18,369
Equity
€1.6m
2024 · €1.6m-€54,451
Cash
€41,322
2024 · €279,955-€238,633
Balance sheet total
€1.7m
2024 · €1.7m-€55,972
Largest movements
Assets
- Cash -€238,633
down €238,633 (-85.2%), from €279,955 to €41,322
mainly Current investments (-€200,127) and Net result for the year (-€54,451)
- Current investments +€200,127
new in 2025: €200,127
- Tangible fixed assets -€61,509
down €61,509 (-6.1%), from €1.0m to €943,799
of which Land and buildings: -€34,047
- Receivables within one year +€24,785
up €24,785 (+921%), from €2,692 to €27,477
of which Trade receivables: +€13,681
Equity and liabilities
- Profit (loss) carried forward -€54,451
down €54,451 (-151%), from -€36,056 to -€90,507
Income statement
- Gross operating margin -€24,506
down €24,506 (-64.1%), from €38,258 to €13,752
- Financial income +€10,344
up €10,344 (+2,477%), from €418 to €10,762
- Depreciation +€7,658
up €7,658 (+13.6%), from €56,256 to €63,914
- Other operating charges -€2,571
down €2,571 (-24.4%), from €10,521 to €7,950
- Financial charges -€1,023
down €1,023 (-14.7%), from €6,943 to €5,920
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
-€36,081
Gross operating margin
-€24,506
Staff costs
-€28
Depreciation
-€7,658
Other operating charges
+€2,571
Financial income
+€10,344
Financial charges
+€1,023
Taxes
-€116
Result 2025
-€54,451
raises the resultlowers the result
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
-€33,524
Investment
-€202,532
Financing
-€2,577
Cash 2024
€279,955
From operations (derived)
-€33,524
Net result for the year
-€54,451
Depreciation
+€63,914
Stocks and contracts
-€15,095
Receivables within one year
-€24,785
Deferred charges and accrued income
-€4,162
Trade debts
-€2,603
Tax, wage and social debts
+€677
Other debts
+€622
Accrued charges and deferred income
+€2,360
Investment (derived)
-€202,532
Investment in fixed assets (net)
-€2,405
Current investments
-€200,127
Financing
-€2,577
Current portion of long-term debt
-€2,577
Cash 2025
€41,322
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,708,352 | €1,652,380 | -€55,972 | -3.3% |
| Fixed assets | 21/28 | €1,005,307 | €943,799 | -€61,509 | -6.1% |
| Tangible fixed assets | 22/27 | €1,005,307 | €943,799 | -€61,509 | -6.1% |
| Land and buildings | 22 | €824,444 | €790,397 | -€34,047 | -4.1% |
| Plant, machinery and equipment | 23 | €119,109 | €108,603 | -€10,506 | -8.8% |
| Furniture and vehicles | 24 | €41,866 | €33,769 | -€8,097 | -19.3% |
| Other tangible fixed assets | 26 | €19,888 | €11,030 | -€8,858 | -44.5% |
| Current assets | 29/58 | €703,044 | €708,581 | +€5,537 | +0.8% |
| Stocks and contracts in progress | 3 | €415,033 | €430,129 | +€15,095 | +3.6% |
| Stocks | 30/36 | €415,033 | €430,129 | +€15,095 | +3.6% |
| Amounts receivable within one year | 40/41 | €2,692 | €27,477 | +€24,785 | +921% |
| Trade receivables | 40 | €1,204 | €14,885 | +€13,681 | +1,136% |
| Other amounts receivable | 41 | €1,488 | €12,592 | +€11,104 | +746% |
| Current investments | 50/53 | - | €200,127 | +€200,127 | |
| Cash at bank and in hand | 54/58 | €279,955 | €41,322 | -€238,633 | -85.2% |
| Deferred charges and accrued income | 490/1 | €5,364 | €9,527 | +€4,162 | +77.6% |
| Total equity and liabilities | 10/49 | €1,708,352 | €1,652,380 | -€55,972 | -3.3% |
| Equity | 10/15 | €1,632,707 | €1,578,256 | -€54,451 | -3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,662,563 | €1,662,563 | = | 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% |
| Tax-exempt reserves | 132 | €45 | €45 | = | 0.0% |
| Distributable reserves | 133 | €1,660,658 | €1,660,658 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,056 | -€90,507 | -€54,451 | -151% |
| Amounts payable | 17/49 | €75,645 | €74,124 | -€1,521 | -2.0% |
| Amounts payable after more than one year | 17 | €35,000 | €35,000 | = | 0.0% |
| Financial debts | 170/4 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €36,370 | €32,490 | -€3,881 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €2,577 | - | -€2,577 | |
| Trade debts | 44 | €10,627 | €8,024 | -€2,603 | -24.5% |
| Suppliers | 440/4 | €10,627 | €8,024 | -€2,603 | -24.5% |
| Taxes, remuneration and social security | 45 | €1,892 | €2,570 | +€677 | +35.8% |
| Taxes | 450/3 | €1,892 | €2,570 | +€677 | +35.8% |
| Other amounts payable | 47/48 | €21,274 | €21,895 | +€622 | +2.9% |
| Accrued charges and deferred income | 492/3 | €4,275 | €6,635 | +€2,360 | +55.2% |
| Non-recurring operating income | 76A | €117,368 | - | -€117,368 | |
| Remuneration, social security and pensions | 62 | - | €28 | +€28 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,256 | €63,914 | +€7,658 | +13.6% |
| Other operating charges | 640/8 | €10,521 | €7,950 | -€2,571 | -24.4% |
| Gross operating margin | 9900 | €38,258 | €13,752 | -€24,506 | -64.1% |
| Operating profit (loss) | 9901 | -€28,518 | -€58,140 | -€29,621 | -104% |
| Financial income | 75/76B | €418 | €10,762 | +€10,344 | +2,477% |
| Recurring financial income | 75 | €418 | €10,762 | +€10,344 | +2,477% |
| Financial charges | 65/66B | €6,943 | €5,920 | -€1,023 | -14.7% |
| Recurring financial charges | 65 | €6,943 | €5,920 | -€1,023 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€35,044 | -€53,297 | -€18,254 | -52.1% |
| Income taxes | 67/77 | €1,037 | €1,153 | +€116 | +11.2% |
| Profit (loss) for the period | 9904 | -€36,081 | -€54,451 | -€18,369 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,081 | -€54,451 | -€18,369 | -50.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.