TRABO TRADING: 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.
TRABO TRADING
Largest movements
- Cash -€28,685
down €28,685 (-98.6%), from €29,085 to €400
mainly Other debts (-€25,470) and Net result for the year (-€9,271)
- Tangible fixed assets -€5,260
down €5,260 (-29.0%), from €18,114 to €12,854
- Receivables within one year -€1,048
down €1,048 (-63.2%), from €1,660 to €612
of which Trade receivables: -€1,210
- Other debts -€25,470
down €25,470 (-39.4%), from €64,632 to €39,162
- Profit (loss) carried forward -€9,271
down €9,271 (-46.7%), from -€19,854 to -€29,125
- Gross operating margin +€1,098
up €1,098 (+26.6%), from -€4,130 to -€3,032
- Taxes -€110
no longer reported in 2025 (was €110)
- Other operating charges -€86
down €86 (-8.6%), from €996 to €910
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 | €50,127 | €15,129 | -€34,998 | -69.8% |
| Fixed assets | 21/28 | €18,114 | €12,854 | -€5,260 | -29.0% |
| Tangible fixed assets | 22/27 | €18,114 | €12,854 | -€5,260 | -29.0% |
| Furniture and vehicles | 24 | €18,114 | €12,854 | -€5,260 | -29.0% |
| Current assets | 29/58 | €32,013 | €2,274 | -€29,738 | -92.9% |
| Stocks and contracts in progress | 3 | €1,176 | €1,170 | -€6 | -0.5% |
| Stocks | 30/36 | €1,176 | €1,170 | -€6 | -0.5% |
| Amounts receivable within one year | 40/41 | €1,660 | €612 | -€1,048 | -63.2% |
| Trade receivables | 40 | €1,210 | - | -€1,210 | |
| Other amounts receivable | 41 | €450 | €612 | +€162 | +35.9% |
| Cash at bank and in hand | 54/58 | €29,085 | €400 | -€28,685 | -98.6% |
| Deferred charges and accrued income | 490/1 | €91 | €92 | +€1 | +1.6% |
| Total equity and liabilities | 10/49 | €50,127 | €15,129 | -€34,998 | -69.8% |
| Equity | 10/15 | -€14,854 | -€24,125 | -€9,271 | -62.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,854 | -€29,125 | -€9,271 | -46.7% |
| Amounts payable | 17/49 | €64,981 | €39,254 | -€25,727 | -39.6% |
| Amounts payable within one year | 42/48 | €64,981 | €39,254 | -€25,727 | -39.6% |
| Trade debts | 44 | €348 | €92 | -€256 | -73.5% |
| Suppliers | 440/4 | €348 | €92 | -€256 | -73.5% |
| Other amounts payable | 47/48 | €64,632 | €39,162 | -€25,470 | -39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,260 | €5,260 | = | 0.0% |
| Other operating charges | 640/8 | €996 | €910 | -€86 | -8.6% |
| Gross operating margin | 9900 | -€4,130 | -€3,032 | +€1,098 | +26.6% |
| Operating profit (loss) | 9901 | -€10,386 | -€9,201 | +€1,184 | +11.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €69 | €70 | +€1 | +2.0% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,455 | -€9,271 | +€1,183 | +11.3% |
| Income taxes | 67/77 | €110 | - | -€110 | |
| Profit (loss) for the period | 9904 | -€10,564 | -€9,271 | +€1,293 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,564 | -€9,271 | +€1,293 | +12.2% |
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 6 October 2026 via checked.be.