T-TRA CONSTRUCTIONS: 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.
T-TRA CONSTRUCTIONS
Largest movements
- Stocks and contracts -€73,540
down €73,540 (-95.8%), from €76,734 to €3,194
- Tangible fixed assets +€49,484
up €49,484 (+134.5%), from €36,789 to €86,273
- Cash +€43,571
up €43,571 (+57.9%), from €75,288 to €118,859
mainly Stocks and contracts (+€73,540) and Debts after one year (+€39,389)
- Receivables within one year -€22,823
down €22,823 (-14.7%), from €154,796 to €131,973
of which Other amounts receivable: -€25,278
- Short-term financial debts -€66,000
no longer reported in 2025 (was €66,000)
- Debts after one year +€39,389
new in 2025: €39,389
- Trade debts +€32,606
up €32,606 (+206.2%), from €15,811 to €48,417
- Other debts -€8,025
down €8,025 (-51.7%), from €15,519 to €7,494
- Tax, wage and social debts -€4,057
down €4,057 (-77.9%), from €5,211 to €1,154
- Purchases and services +€103,437
up €103,437 (+55.0%), from €188,198 to €291,635
- Turnover +€89,684
up €89,684 (+38.7%), from €231,953 to €321,637
- Staff costs -€23,048
down €23,048 (-78.5%), from €29,343 to €6,295
- Gross operating margin -€15,299
down €15,299 (-33.3%), from €45,939 to €30,640
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.
Cash bridge derived
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 | €351,159 | €346,803 | -€4,356 | -1.2% |
| Fixed assets | 21/28 | €38,003 | €87,487 | +€49,484 | +130.2% |
| Tangible fixed assets | 22/27 | €36,789 | €86,273 | +€49,484 | +134.5% |
| Furniture and vehicles | 24 | €36,789 | €86,273 | +€49,484 | +134.5% |
| Financial fixed assets | 28 | €1,214 | €1,214 | = | 0.0% |
| Current assets | 29/58 | €313,156 | €259,316 | -€53,840 | -17.2% |
| Stocks and contracts in progress | 3 | €76,734 | €3,194 | -€73,540 | -95.8% |
| Stocks | 30/36 | €76,734 | €3,194 | -€73,540 | -95.8% |
| Amounts receivable within one year | 40/41 | €154,796 | €131,973 | -€22,823 | -14.7% |
| Trade receivables | 40 | €116,863 | €119,318 | +€2,455 | +2.1% |
| Other amounts receivable | 41 | €37,933 | €12,655 | -€25,278 | -66.6% |
| Current investments | 50/53 | €3,974 | €3,974 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €75,288 | €118,859 | +€43,571 | +57.9% |
| Deferred charges and accrued income | 490/1 | €2,364 | €1,316 | -€1,048 | -44.3% |
| Total equity and liabilities | 10/49 | €351,159 | €346,803 | -€4,356 | -1.2% |
| Equity | 10/15 | €242,373 | €244,108 | +€1,735 | +0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €221,922 | €223,657 | +€1,735 | +0.8% |
| Provisions and deferred taxes | 16 | €6,144 | €6,144 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €6,144 | €6,144 | = | 0.0% |
| Other liabilities and charges | 164/5 | €6,144 | €6,144 | = | 0.0% |
| Amounts payable | 17/49 | €102,642 | €96,551 | -€6,091 | -5.9% |
| Amounts payable after more than one year | 17 | - | €39,389 | +€39,389 | |
| Financial debts | 170/4 | - | €39,389 | +€39,389 | |
| Amounts payable within one year | 42/48 | €102,541 | €57,065 | -€45,476 | -44.3% |
| Financial debts | 43 | €66,000 | - | -€66,000 | |
| Credit institutions | 430/8 | €66,000 | - | -€66,000 | |
| Trade debts | 44 | €15,811 | €48,417 | +€32,606 | +206.2% |
| Suppliers | 440/4 | €15,811 | €48,417 | +€32,606 | +206.2% |
| Taxes, remuneration and social security | 45 | €5,211 | €1,154 | -€4,057 | -77.9% |
| Remuneration and social security | 454/9 | €5,211 | €1,154 | -€4,057 | -77.9% |
| Other amounts payable | 47/48 | €15,519 | €7,494 | -€8,025 | -51.7% |
| Accrued charges and deferred income | 492/3 | €101 | €97 | -€4 | -4.0% |
| Turnover | 70 | €231,953 | €321,637 | +€89,684 | +38.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €188,198 | €291,635 | +€103,437 | +55.0% |
| Remuneration, social security and pensions | 62 | €29,343 | €6,295 | -€23,048 | -78.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,766 | €6,297 | -€469 | -6.9% |
| Other operating charges | 640/8 | €2,315 | €1,612 | -€703 | -30.4% |
| Non-recurring operating charges | 66A | €7,461 | €9,979 | +€2,518 | +33.7% |
| Gross operating margin | 9900 | €45,939 | €30,640 | -€15,299 | -33.3% |
| Operating profit (loss) | 9901 | €54 | €6,457 | +€6,403 | +11857.4% |
| Financial income | 75/76B | €497 | €482 | -€15 | -3.0% |
| Recurring financial income | 75 | €497 | €482 | -€15 | -3.0% |
| Financial charges | 65/66B | €2,586 | €5,026 | +€2,440 | +94.4% |
| Recurring financial charges | 65 | €2,586 | €5,026 | +€2,440 | +94.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,035 | €1,913 | +€3,948 | |
| Income taxes | 67/77 | €67 | €178 | +€111 | +165.7% |
| Profit (loss) for the period | 9904 | -€2,102 | €1,735 | +€3,837 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,102 | €1,735 | +€3,837 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.