TRABCO: 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.
TRABCO
Largest movements
- Cash -€132,714
down €132,714 (-47.8%), from €277,672 to €144,958
mainly Other debts (-€116,591) and Tax, wage and social debts (-€16,280)
- Tangible fixed assets -€5,989
down €5,989 (-6.4%), from €93,118 to €87,129
of which Land and buildings: -€4,899
- Other debts -€116,591
no longer reported in 2025 (was €116,591)
- Tax, wage and social debts -€16,280
no longer reported in 2025 (was €16,280)
- Profit (loss) carried forward -€3,952
down €3,952 (-14.3%), from -€27,652 to -€31,604
- Gross operating margin -€163,481
down €163,481 (-98.3%), from €166,319 to €2,838
- Taxes -€49,935
down €49,935 (-99.5%), from €50,177 to €242
- Financial income +€2,261
new in 2025: €2,261
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 | €372,947 | €236,125 | -€136,822 | -36.7% |
| Fixed assets | 21/28 | €94,541 | €87,850 | -€6,690 | -7.1% |
| Tangible fixed assets | 22/27 | €93,118 | €87,129 | -€5,989 | -6.4% |
| Land and buildings | 22 | €92,028 | €87,129 | -€4,899 | -5.3% |
| Furniture and vehicles | 24 | €1,090 | - | -€1,090 | |
| Financial fixed assets | 28 | €1,423 | €722 | -€702 | -49.3% |
| Current assets | 29/58 | €278,406 | €148,274 | -€130,132 | -46.7% |
| Amounts receivable within one year | 40/41 | €734 | €3,316 | +€2,582 | +351.9% |
| Other amounts receivable | 41 | €734 | €3,316 | +€2,582 | +351.9% |
| Cash at bank and in hand | 54/58 | €277,672 | €144,958 | -€132,714 | -47.8% |
| Total equity and liabilities | 10/49 | €372,947 | €236,125 | -€136,822 | -36.7% |
| Equity | 10/15 | €235,777 | €231,825 | -€3,952 | -1.7% |
| Contributions | 10/11 | €116,000 | €116,000 | = | 0.0% |
| Capital | 10 | €116,000 | €116,000 | = | 0.0% |
| Issued capital | 100 | €116,000 | €116,000 | = | 0.0% |
| Reserves | 13 | €147,429 | €147,429 | = | 0.0% |
| Non-distributable reserves | 130/1 | €41,600 | €41,600 | = | 0.0% |
| Legal reserve | 130 | €41,600 | €41,600 | = | 0.0% |
| Distributable reserves | 133 | €105,829 | €105,829 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,652 | -€31,604 | -€3,952 | -14.3% |
| Amounts payable | 17/49 | €137,170 | €4,300 | -€132,870 | -96.9% |
| Amounts payable after more than one year | 17 | €2,600 | €2,600 | = | 0.0% |
| Other amounts payable | 178/9 | €2,600 | €2,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €132,870 | - | -€132,870 | |
| Taxes, remuneration and social security | 45 | €16,280 | - | -€16,280 | |
| Taxes | 450/3 | €16,280 | - | -€16,280 | |
| Other amounts payable | 47/48 | €116,591 | - | -€116,591 | |
| Accrued charges and deferred income | 492/3 | €1,700 | €1,700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,989 | €5,989 | = | 0.0% |
| Other operating charges | 640/8 | €4,239 | €2,733 | -€1,506 | -35.5% |
| Gross operating margin | 9900 | €166,319 | €2,838 | -€163,481 | -98.3% |
| Operating profit (loss) | 9901 | €156,091 | -€5,884 | -€161,975 | |
| Financial income | 75/76B | - | €2,261 | +€2,261 | |
| Recurring financial income | 75 | - | €2,261 | +€2,261 | |
| Financial charges | 65/66B | €86 | €87 | +€2 | +1.8% |
| Recurring financial charges | 65 | €86 | €87 | +€2 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €156,006 | -€3,710 | -€159,716 | |
| Income taxes | 67/77 | €50,177 | €242 | -€49,935 | -99.5% |
| Profit (loss) for the period | 9904 | €105,829 | -€3,952 | -€109,781 | |
| Profit (loss) for the period to be appropriated | 9905 | €105,829 | -€3,952 | -€109,781 |
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 29 September 2026 via checked.be.