TRA: 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.
TRA
Largest movements
- Tangible fixed assets -€17,149
down €17,149 (-23.3%), from €73,559 to €56,410
- Receivables within one year +€9,403
up €9,403 (+21.9%), from €42,872 to €52,276
of which Other amounts receivable: +€21,242
- Deferred charges and accrued income +€5,479
new in 2025: €5,479
- Cash +€2,063
up €2,063 (+62.4%), from €3,306 to €5,369
mainly Depreciation (+€17,149) and Net result for the year (+€9,203)
- Debts after one year -€15,600
down €15,600 (-28.7%), from €54,300 to €38,700
- Profit (loss) carried forward +€9,203
up €9,203 (+25.0%), from €36,826 to €46,029
- Tax, wage and social debts +€3,506
up €3,506 (+34.8%), from €10,085 to €13,591
- Trade debts +€2,688
up €2,688 (+139.6%), from €1,925 to €4,614
- Gross operating margin -€30,257
down €30,257 (-50.2%), from €60,241 to €29,984
- Taxes -€6,580
down €6,580 (-65.2%), from €10,085 to €3,506
- Depreciation +€5,656
up €5,656 (+49.2%), from €11,492 to €17,149
- Financial income +€1,317
up €1,317 (+140.0%), from €940 to €2,257
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 | €119,737 | €119,534 | -€203 | -0.2% |
| Fixed assets | 21/28 | €73,559 | €56,410 | -€17,149 | -23.3% |
| Tangible fixed assets | 22/27 | €73,559 | €56,410 | -€17,149 | -23.3% |
| Furniture and vehicles | 24 | €73,559 | €56,410 | -€17,149 | -23.3% |
| Current assets | 29/58 | €46,178 | €63,124 | +€16,946 | +36.7% |
| Amounts receivable within one year | 40/41 | €42,872 | €52,276 | +€9,403 | +21.9% |
| Trade receivables | 40 | €11,838 | - | -€11,838 | |
| Other amounts receivable | 41 | €31,034 | €52,276 | +€21,242 | +68.4% |
| Cash at bank and in hand | 54/58 | €3,306 | €5,369 | +€2,063 | +62.4% |
| Deferred charges and accrued income | 490/1 | - | €5,479 | +€5,479 | |
| Total equity and liabilities | 10/49 | €119,737 | €119,534 | -€203 | -0.2% |
| Equity | 10/15 | €37,826 | €47,029 | +€9,203 | +24.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,826 | €46,029 | +€9,203 | +25.0% |
| Amounts payable | 17/49 | €81,911 | €72,505 | -€9,406 | -11.5% |
| Amounts payable after more than one year | 17 | €54,300 | €38,700 | -€15,600 | -28.7% |
| Financial debts | 170/4 | €54,300 | €38,700 | -€15,600 | -28.7% |
| Amounts payable within one year | 42/48 | €27,610 | €33,804 | +€6,194 | +22.4% |
| Current portion of amounts payable after more than one year | 42 | €15,600 | €15,600 | = | 0.0% |
| Trade debts | 44 | €1,925 | €4,614 | +€2,688 | +139.6% |
| Suppliers | 440/4 | €1,925 | €4,614 | +€2,688 | +139.6% |
| Taxes, remuneration and social security | 45 | €10,085 | €13,591 | +€3,506 | +34.8% |
| Taxes | 450/3 | €10,085 | €13,591 | +€3,506 | +34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,492 | €17,149 | +€5,656 | +49.2% |
| Other operating charges | 640/8 | €965 | €486 | -€479 | -49.6% |
| Gross operating margin | 9900 | €60,241 | €29,984 | -€30,257 | -50.2% |
| Operating profit (loss) | 9901 | €47,783 | €12,349 | -€35,435 | -74.2% |
| Financial income | 75/76B | €940 | €2,257 | +€1,317 | +140.0% |
| Recurring financial income | 75 | €940 | €2,257 | +€1,317 | +140.0% |
| Financial charges | 65/66B | €1,812 | €1,897 | +€85 | +4.7% |
| Recurring financial charges | 65 | €1,812 | €1,897 | +€85 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €46,911 | €12,709 | -€34,203 | -72.9% |
| Income taxes | 67/77 | €10,085 | €3,506 | -€6,580 | -65.2% |
| Profit (loss) for the period | 9904 | €36,826 | €9,203 | -€27,623 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,826 | €9,203 | -€27,623 | -75.0% |
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 9 October 2026 via checked.be.