La Trace: what changed
Two fiscal 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.
La Trace
Largest movements
- Cash -€38,179
down €38,179 (-61.0%), from €62,556 to €24,377
mainly Debts within one year (-€33,186) and Receivables within one year (-€12,309)
- Receivables within one year +€12,309
up €12,309 (+12.2%), from €100,676 to €112,985
of which Other amounts receivable: +€12,893
- Debts within one year -€33,186
down €33,186 (-36.7%), from €90,501 to €57,314
of which Tax, wage and social debts: -€23,273
- Accrued charges and deferred income +€3,870
new in 2024: €3,870
- Profit (loss) carried forward +€2,145
up €2,145 (+4.5%), from €47,209 to €49,354
- Gross operating margin +€25,082
up €25,082 (+4.9%), from €506,768 to €531,850
- Staff costs +€23,423
up €23,423 (+4.7%), from €495,097 to €518,520
- Purchases and services +€16,728
up €16,728 (+22.9%), from €73,064 to €89,793
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,312 | €146,141 | -€27,171 | -15.7% |
| Fixed assets | 21/28 | €200 | €200 | = | 0.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €173,112 | €145,941 | -€27,171 | -15.7% |
| Amounts receivable within one year | 40/41 | €100,676 | €112,985 | +€12,309 | +12.2% |
| Trade receivables | 40 | €1,028 | €445 | -€584 | -56.8% |
| Other amounts receivable | 41 | €99,647 | €112,541 | +€12,893 | +12.9% |
| Cash at bank and in hand | 54/58 | €62,556 | €24,377 | -€38,179 | -61.0% |
| Deferred charges and accrued income | 490/1 | €9,880 | €8,579 | -€1,300 | -13.2% |
| Total equity and liabilities | 10/49 | €173,312 | €146,141 | -€27,171 | -15.7% |
| Equity | 10/15 | €80,497 | €82,643 | +€2,145 | +2.7% |
| Contributions | 10/11 | €33,288 | €33,288 | = | 0.0% |
| Capital | 10 | €33,288 | €33,288 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,209 | €49,354 | +€2,145 | +4.5% |
| Amounts payable | 17/49 | €92,814 | €63,498 | -€29,316 | -31.6% |
| Amounts payable after more than one year | 17 | €2,314 | €2,314 | = | 0.0% |
| Financial debts | 170/4 | - | €2,314 | +€2,314 | |
| Other amounts payable | 178/9 | €2,314 | - | -€2,314 | |
| Amounts payable within one year | 42/48 | €90,501 | €57,314 | -€33,186 | -36.7% |
| Financial debts | 43 | €223 | €108 | -€115 | -51.5% |
| Credit institutions | 430/8 | €223 | €108 | -€115 | -51.5% |
| Trade debts | 44 | €668 | €3,142 | +€2,474 | +370.5% |
| Suppliers | 440/4 | €668 | €3,142 | +€2,474 | +370.5% |
| Taxes, remuneration and social security | 45 | €77,337 | €54,064 | -€23,273 | -30.1% |
| Taxes | 450/3 | €19,773 | €12,818 | -€6,955 | -35.2% |
| Remuneration and social security | 454/9 | €57,563 | €41,246 | -€16,317 | -28.3% |
| Accrued charges and deferred income | 492/3 | - | €3,870 | +€3,870 | |
| Turnover | 70 | €17,499 | €17,499 | = | 0.0% |
| Non-recurring operating income | 76A | €2,891 | €914 | -€1,977 | -68.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €73,064 | €89,793 | +€16,728 | +22.9% |
| Remuneration, social security and pensions | 62 | €495,097 | €518,520 | +€23,423 | +4.7% |
| Other operating charges | 640/8 | €642 | €289 | -€353 | -55.0% |
| Non-recurring operating charges | 66A | €19,612 | €10,862 | -€8,750 | -44.6% |
| Gross operating margin | 9900 | €506,768 | €531,850 | +€25,082 | +4.9% |
| Operating profit (loss) | 9901 | -€8,583 | €2,179 | +€10,762 | |
| Financial income | 75/76B | €218 | €197 | -€21 | -9.5% |
| Recurring financial income | 75 | €218 | €197 | -€21 | -9.5% |
| Financial charges | 65/66B | €135 | €171 | +€36 | +26.9% |
| Recurring financial charges | 65 | €135 | €171 | +€36 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,500 | €2,204 | +€10,705 | |
| Income taxes | 67/77 | €65 | €59 | -€6 | -9.5% |
| Profit (loss) for the period | 9904 | -€8,566 | €2,145 | +€10,711 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,566 | €2,145 | +€10,711 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.