AT TRADE: 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.
AT TRADE
Largest movements
- Cash -€11,600
down €11,600 (-60.9%), from €19,050 to €7,450
mainly Net result for the year (-€9,382) and Stocks and contracts (-€3,037)
- Stocks and contracts +€3,037
up €3,037 (+61.1%), from €4,969 to €8,007
- Receivables within one year +€1,379
new in 2025: €1,379
- Profit (loss) carried forward -€9,382
down €9,382, from €4,637 to -€4,745
- Tax, wage and social debts +€2,157
up €2,157 (+64.8%), from €3,328 to €5,485
of which Remuneration and social security: +€2,275
- Turnover -€27,339
down €27,339 (-6.8%), from €402,242 to €374,903
- Purchases and services -€20,587
down €20,587 (-5.3%), from €389,771 to €369,184
- Gross operating margin -€6,752
down €6,752 (-49.4%), from €13,671 to €6,919
- Staff costs +€6,663
up €6,663 (+372%), from €1,789 to €8,452
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 | €28,669 | €21,486 | -€7,183 | -25.1% |
| Fixed assets | 21/28 | €4,650 | €4,650 | = | 0.0% |
| Financial fixed assets | 28 | €4,650 | €4,650 | = | 0.0% |
| Current assets | 29/58 | €24,019 | €16,836 | -€7,183 | -29.9% |
| Stocks and contracts in progress | 3 | €4,969 | €8,007 | +€3,037 | +61.1% |
| Stocks | 30/36 | €4,969 | €8,007 | +€3,037 | +61.1% |
| Amounts receivable within one year | 40/41 | - | €1,379 | +€1,379 | |
| Trade receivables | 40 | - | €1,379 | +€1,379 | |
| Cash at bank and in hand | 54/58 | €19,050 | €7,450 | -€11,600 | -60.9% |
| Total equity and liabilities | 10/49 | €28,669 | €21,486 | -€7,183 | -25.1% |
| Equity | 10/15 | €20,735 | €11,353 | -€9,382 | -45.2% |
| Contributions | 10/11 | €14,239 | €14,239 | = | 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 | €4,637 | -€4,745 | -€9,382 | |
| Amounts payable | 17/49 | €7,933 | €10,132 | +€2,199 | +27.7% |
| Amounts payable within one year | 42/48 | €7,933 | €10,132 | +€2,199 | +27.7% |
| Trade debts | 44 | €4,606 | €4,647 | +€42 | +0.9% |
| Suppliers | 440/4 | €4,606 | €4,647 | +€42 | +0.9% |
| Taxes, remuneration and social security | 45 | €3,328 | €5,485 | +€2,157 | +64.8% |
| Taxes | 450/3 | €2,631 | €2,513 | -€117 | -4.5% |
| Remuneration and social security | 454/9 | €697 | €2,972 | +€2,275 | +326% |
| Turnover | 70 | €402,242 | €374,903 | -€27,339 | -6.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €389,771 | €369,184 | -€20,587 | -5.3% |
| Remuneration, social security and pensions | 62 | €1,789 | €8,452 | +€6,663 | +372% |
| Other operating charges | 640/8 | €7,978 | €5,659 | -€2,319 | -29.1% |
| Gross operating margin | 9900 | €13,671 | €6,919 | -€6,752 | -49.4% |
| Operating profit (loss) | 9901 | €3,905 | -€7,192 | -€11,096 | |
| Financial income | 75/76B | - | €556 | +€556 | |
| Recurring financial income | 75 | - | €556 | +€556 | |
| Financial charges | 65/66B | €1,931 | €2,138 | +€207 | +10.7% |
| Recurring financial charges | 65 | €1,931 | €2,138 | +€207 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €1,974 | -€8,775 | -€10,748 | |
| Income taxes | 67/77 | - | €608 | +€608 | |
| Profit (loss) for the period | 9904 | €1,974 | -€9,382 | -€11,356 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,974 | -€9,382 | -€11,356 |
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 25 October 2026 via checked.be.