TRABACHO: 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.
TRABACHO
Largest movements
- Cash -€42,076
down €42,076 (-60.2%), from €69,935 to €27,859
mainly Contributions, distributions and other (-€47,788) and Receivables within one year (-€558)
- Current investments -€2,819
down €2,819 (-4.9%), from €57,807 to €54,988
- Reserves -€46,345
down €46,345 (-72.9%), from €63,606 to €17,261
of which Distributable reserves: -€46,345
- Financial charges +€3,356
up €3,356 (+7626.3%), from €44 to €3,400
- Gross operating margin -€1,650
down €1,650 (-17.3%), from €9,555 to €7,905
- Taxes -€938
down €938 (-42.2%), from €2,225 to €1,287
- Financial income +€895
up €895 (+93.3%), from €960 to €1,855
- Depreciation +€397
up €397 (+50.0%), from €793 to €1,190
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 | €139,808 | €94,281 | -€45,527 | -32.6% |
| Fixed assets | 21/28 | €11,502 | €10,312 | -€1,190 | -10.3% |
| Tangible fixed assets | 22/27 | €11,502 | €10,312 | -€1,190 | -10.3% |
| Land and buildings | 22 | €11,502 | €10,312 | -€1,190 | -10.3% |
| Current assets | 29/58 | €128,305 | €83,969 | -€44,337 | -34.6% |
| Amounts receivable within one year | 40/41 | €563 | €1,121 | +€558 | +99.1% |
| Other amounts receivable | 41 | €563 | €1,121 | +€558 | +99.1% |
| Current investments | 50/53 | €57,807 | €54,988 | -€2,819 | -4.9% |
| Cash at bank and in hand | 54/58 | €69,935 | €27,859 | -€42,076 | -60.2% |
| Total equity and liabilities | 10/49 | €139,808 | €94,281 | -€45,527 | -32.6% |
| Equity | 10/15 | €125,106 | €78,761 | -€46,345 | -37.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €63,606 | €17,261 | -€46,345 | -72.9% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €51,211 | €4,867 | -€46,345 | -90.5% |
| Amounts payable | 17/49 | €14,702 | €15,520 | +€818 | +5.6% |
| Amounts payable after more than one year | 17 | €441 | €291 | -€150 | -34.0% |
| Other amounts payable | 178/9 | €441 | €291 | -€150 | -34.0% |
| Amounts payable within one year | 42/48 | €12,573 | €13,952 | +€1,379 | +11.0% |
| Other amounts payable | 47/48 | €12,573 | €13,952 | +€1,379 | +11.0% |
| Accrued charges and deferred income | 492/3 | €1,688 | €1,277 | -€411 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €793 | €1,190 | +€397 | +50.0% |
| Other operating charges | 640/8 | €2,364 | €2,440 | +€77 | +3.2% |
| Gross operating margin | 9900 | €9,555 | €7,905 | -€1,650 | -17.3% |
| Operating profit (loss) | 9901 | €6,398 | €4,275 | -€2,123 | -33.2% |
| Financial income | 75/76B | €960 | €1,855 | +€895 | +93.3% |
| Recurring financial income | 75 | €960 | €1,855 | +€895 | +93.3% |
| Financial charges | 65/66B | €44 | €3,400 | +€3,356 | +7626.3% |
| Recurring financial charges | 65 | €44 | €3,400 | +€3,356 | +7626.3% |
| Profit (loss) for the period before taxes | 9903 | €7,314 | €2,730 | -€4,583 | -62.7% |
| Income taxes | 67/77 | €2,225 | €1,287 | -€938 | -42.2% |
| Profit (loss) for the period | 9904 | €5,089 | €1,444 | -€3,645 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,089 | €1,444 | -€3,645 | -71.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.