TRABA: 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.
What changed
TRABA
NACE 43.120, Site preparation
fiscal year 31-12-2024 against 31-12-2025filed annual accounts (NBB)
Net result for the year
€125,204
31-12-2024 · €148,189-€22,985
Equity
€806,724
31-12-2024 · €681,519+€125,205
Cash
€373,792
31-12-2024 · €678,790-€304,998
Balance sheet total
€1.4m
31-12-2024 · €1.7m-€311,898
Largest movements
Assets
- Cash -€304,998
down €304,998 (-44.9%), from €678,790 to €373,792
mainly Other debts (-€200,000) and Trade debts (-€151,714)
- Tangible fixed assets -€127,198
down €127,198 (-30.8%), from €412,401 to €285,203
of which Furniture and vehicles: -€118,200
- Receivables within one year +€96,261
up €96,261 (+16.4%), from €585,691 to €681,952
of which Other amounts receivable: +€67,712
Equity and liabilities
- Other debts -€200,000
no longer reported in 2025 (was €200,000)
- Trade debts -€151,714
down €151,714 (-21.7%), from €699,529 to €547,815
- Reserves +€105,250
up €105,250 (+15.9%), from €662,919 to €768,169
of which Tax-exempt reserves: +€105,250
- Tax, wage and social debts -€43,448
down €43,448 (-49.7%), from €87,420 to €43,972
of which Taxes: -€59,297
- Current portion of long-term debt -€21,258
down €21,258 (-80.9%), from €26,276 to €5,018
Income statement
- Turnover +€3.4m
new in 2025: €3.4m
- Goods and materials +€1.7m
new in 2025: €1.7m
- Gross operating margin -€765,757
no longer reported in 2025 (was €765,757)
- Services and other goods +€630,616
new in 2025: €630,616
- Staff costs +€317,458
up €317,458 (+71.9%), from €441,590 to €759,048
From the 31-12-2024 result to the 31-12-2025 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.
Result 31-12-2024
€148,189
Turnover
+€3.4m
Other operating income
+€82,850
Goods and materials
-€1.7m
Services and other goods
-€630,616
Staff costs
-€317,458
Depreciation
-€4,990
Other operating charges
-€568
Other operating items
-€799,960
Financial income
+€4,466
Financial charges
-€18,712
Taxes
+€9,693
Result 31-12-2025
€125,204
Cash bridge derived
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€293,878
Investment
+€15,208
Financing
-€26,327
Cash 31-12-2024
€678,790
From operations (derived)
-€293,878
Net result for the year
+€125,204
Depreciation
+€111,989
Stocks and contracts
-€10,000
Receivables within one year
-€96,261
Deferred charges and accrued income
-€14,036
Trade debts
-€151,714
Tax, wage and social debts
-€43,448
Advances received
-€15,613
Other debts
-€200,000
Investment (derived)
+€15,208
Investment in fixed assets (net)
+€15,208
Financing
-€26,327
Current portion of long-term debt
-€21,258
Short-term financial debts
-€5,070
Contributions, distributions and other
+€0
Cash 31-12-2025
€373,792
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,715,427 | €1,403,529 | -€311,898 | -18.2% |
| Fixed assets | 21/28 | €445,223 | €318,026 | -€127,197 | -28.6% |
| Tangible fixed assets | 22/27 | €412,401 | €285,203 | -€127,198 | -30.8% |
| Plant, machinery and equipment | 23 | €210,202 | €201,205 | -€8,997 | -4.3% |
| Furniture and vehicles | 24 | €202,199 | €83,999 | -€118,200 | -58.5% |
| Financial fixed assets | 28 | €32,822 | €32,823 | +€1 | 0.0% |
| Other financial fixed assets | 284/8 | - | €32,823 | +€32,823 | |
| Amounts receivable and cash guarantees | 285/8 | - | €32,823 | +€32,823 | |
| Current assets | 29/58 | €1,270,204 | €1,085,504 | -€184,700 | -14.5% |
| Stocks and contracts in progress | 3 | - | €10,000 | +€10,000 | |
| Contracts in progress | 37 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €585,691 | €681,952 | +€96,261 | +16.4% |
| Trade receivables | 40 | €496,777 | €525,326 | +€28,549 | +5.7% |
| Other amounts receivable | 41 | €88,914 | €156,626 | +€67,712 | +76.2% |
| Cash at bank and in hand | 54/58 | €678,790 | €373,792 | -€304,998 | -44.9% |
| Deferred charges and accrued income | 490/1 | €5,723 | €19,759 | +€14,036 | +245.3% |
| Total equity and liabilities | 10/49 | €1,715,427 | €1,403,529 | -€311,898 | -18.2% |
| Equity | 10/15 | €681,519 | €806,724 | +€125,205 | +18.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €662,919 | €768,169 | +€105,250 | +15.9% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €105,250 | +€105,250 | |
| Distributable reserves | 133 | €658,919 | €658,919 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | €19,954 | +€19,954 | |
| Amounts payable | 17/49 | €1,033,908 | €596,806 | -€437,102 | -42.3% |
| Amounts payable within one year | 42/48 | €1,033,908 | €596,806 | -€437,102 | -42.3% |
| Current portion of amounts payable after more than one year | 42 | €26,276 | €5,018 | -€21,258 | -80.9% |
| Financial debts | 43 | €5,070 | - | -€5,070 | |
| Credit institutions | 430/8 | €5,070 | - | -€5,070 | |
| Trade debts | 44 | €699,529 | €547,815 | -€151,714 | -21.7% |
| Suppliers | 440/4 | €699,529 | €547,815 | -€151,714 | -21.7% |
| Advances received on contracts in progress | 46 | €15,613 | - | -€15,613 | |
| Taxes, remuneration and social security | 45 | €87,420 | €43,972 | -€43,448 | -49.7% |
| Taxes | 450/3 | €59,297 | - | -€59,297 | |
| Remuneration and social security | 454/9 | €28,123 | €43,972 | +€15,849 | +56.4% |
| Other amounts payable | 47/48 | €200,000 | - | -€200,000 | |
| Operating income | 70/76A | - | €3,461,325 | +€3.5m | |
| Turnover | 70 | - | €3,368,475 | +€3.4m | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | €10,000 | +€10,000 | |
| Other operating income | 74 | - | €82,850 | +€82,850 | |
| Operating charges | 60/66A | - | €3,270,032 | +€3.3m | |
| Goods for resale, raw materials and consumables | 60 | - | €1,716,164 | +€1.7m | |
| Purchases | 600/8 | - | €1,716,164 | +€1.7m | |
| Services and other goods | 61 | - | €630,616 | +€630,616 | |
| Remuneration, social security and pensions | 62 | €441,590 | €759,048 | +€317,458 | +71.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,999 | €111,989 | +€4,990 | +4.7% |
| Other operating charges | 640/8 | €7,443 | €8,011 | +€568 | +7.6% |
| Non-recurring operating charges | 66A | - | €44,203 | +€44,203 | |
| Gross operating margin | 9900 | €765,757 | - | -€765,757 | |
| Operating profit (loss) | 9901 | €209,725 | €191,293 | -€18,432 | -8.8% |
| Financial income | 75/76B | €24 | €4,490 | +€4,466 | +18610.1% |
| Recurring financial income | 75 | €24 | €4,490 | +€4,466 | +18610.1% |
| Income from current assets | 751 | - | €2,090 | +€2,090 | |
| Other financial income | 752/9 | - | €2,400 | +€2,400 | |
| Financial charges | 65/66B | €5,267 | €23,979 | +€18,712 | +355.3% |
| Recurring financial charges | 65 | €5,267 | €23,979 | +€18,712 | +355.3% |
| Debt charges | 650 | - | €329 | +€329 | |
| Other financial charges | 652/9 | - | €23,650 | +€23,650 | |
| Profit (loss) for the period before taxes | 9903 | €204,482 | €171,804 | -€32,678 | -16.0% |
| Income taxes | 67/77 | €56,293 | €46,600 | -€9,693 | -17.2% |
| Taxes | 670/3 | - | €46,600 | +€46,600 | |
| Profit (loss) for the period | 9904 | €148,189 | €125,204 | -€22,985 | -15.5% |
| Transfer to tax-exempt reserves | 689 | - | €105,250 | +€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €148,189 | €19,954 | -€128,235 | -86.5% |
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 4 October 2026 via checked.be.