TRACIT: 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.
TRACIT
Largest movements
- Tangible fixed assets -€25,532
down €25,532 (-10.4%), from €245,949 to €220,417
of which Furniture and vehicles: -€15,233
- Receivables within one year -€11,750
down €11,750 (-20.4%), from €57,651 to €45,901
of which Trade receivables: -€11,402
- Cash +€8,573
up €8,573 (+12.8%), from €66,879 to €75,452
mainly Depreciation (+€25,532) and Receivables within one year (+€11,750)
- Debts after one year -€21,872
down €21,872 (-18.0%), from €121,441 to €99,569
- Profit (loss) carried forward -€9,804
down €9,804 (-23.2%), from €42,245 to €32,441
- Trade debts +€5,066
up €5,066 (+64.7%), from €7,834 to €12,900
- Gross operating margin -€36,131
down €36,131 (-55.6%), from €65,017 to €28,885
- Taxes +€5,263
up €5,263 (+161.1%), from €3,267 to €8,529
- Depreciation +€1,176
up €1,176 (+4.8%), from €24,356 to €25,532
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 | €370,979 | €342,271 | -€28,708 | -7.7% |
| Fixed assets | 21/28 | €246,449 | €220,917 | -€25,532 | -10.4% |
| Tangible fixed assets | 22/27 | €245,949 | €220,417 | -€25,532 | -10.4% |
| Land and buildings | 22 | €174,197 | €165,181 | -€9,016 | -5.2% |
| Plant, machinery and equipment | 23 | €12,726 | €11,443 | -€1,283 | -10.1% |
| Furniture and vehicles | 24 | €59,026 | €43,794 | -€15,233 | -25.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €124,530 | €121,353 | -€3,176 | -2.6% |
| Amounts receivable within one year | 40/41 | €57,651 | €45,901 | -€11,750 | -20.4% |
| Trade receivables | 40 | €57,304 | €45,901 | -€11,402 | -19.9% |
| Other amounts receivable | 41 | €347 | - | -€347 | |
| Cash at bank and in hand | 54/58 | €66,879 | €75,452 | +€8,573 | +12.8% |
| Total equity and liabilities | 10/49 | €370,979 | €342,271 | -€28,708 | -7.7% |
| Equity | 10/15 | €206,678 | €196,874 | -€9,804 | -4.7% |
| Contributions | 10/11 | €37,000 | €37,000 | = | 0.0% |
| Reserves | 13 | €127,433 | €127,433 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,585 | €1,585 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,585 | €1,585 | = | 0.0% |
| Distributable reserves | 133 | €125,848 | €125,848 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,245 | €32,441 | -€9,804 | -23.2% |
| Amounts payable | 17/49 | €164,301 | €145,396 | -€18,905 | -11.5% |
| Amounts payable after more than one year | 17 | €121,441 | €99,569 | -€21,872 | -18.0% |
| Financial debts | 170/4 | €121,441 | €99,569 | -€21,872 | -18.0% |
| Amounts payable within one year | 42/48 | €42,860 | €45,827 | +€2,967 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €21,250 | €21,872 | +€622 | +2.9% |
| Trade debts | 44 | €7,834 | €12,900 | +€5,066 | +64.7% |
| Suppliers | 440/4 | €7,834 | €12,900 | +€5,066 | +64.7% |
| Taxes, remuneration and social security | 45 | €13,776 | €10,446 | -€3,330 | -24.2% |
| Taxes | 450/3 | €13,776 | €10,446 | -€3,330 | -24.2% |
| Other amounts payable | 47/48 | - | €610 | +€610 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,356 | €25,532 | +€1,176 | +4.8% |
| Other operating charges | 640/8 | €685 | €120 | -€565 | -82.5% |
| Gross operating margin | 9900 | €65,017 | €28,885 | -€36,131 | -55.6% |
| Operating profit (loss) | 9901 | €39,976 | €3,233 | -€36,743 | -91.9% |
| Financial charges | 65/66B | €4,043 | €4,508 | +€464 | +11.5% |
| Recurring financial charges | 65 | €4,043 | €4,508 | +€464 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €35,933 | -€1,274 | -€37,207 | |
| Income taxes | 67/77 | €3,267 | €8,529 | +€5,263 | +161.1% |
| Profit (loss) for the period | 9904 | €32,666 | -€9,804 | -€42,470 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,666 | -€9,804 | -€42,470 |
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 9 October 2026 via checked.be.