TRACTEO GROUP: what changed
Two financial 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.
TRACTEO GROUP
Largest movements
- Receivables within one year +€13,497
up €13,497 (+61.7%), from €21,865 to €35,362
of which Trade receivables: +€13,489
- Tangible fixed assets +€6,421
up €6,421 (+125.2%), from €5,128 to €11,549
of which Furniture and vehicles: +€7,782
- Deferred charges and accrued income +€2,298
up €2,298 (+2441.1%), from €94 to €2,392
- Cash -€1,590
down €1,590 (-20.3%), from €7,819 to €6,228
mainly Receivables within one year (-€13,497) and Investment in fixed assets (net) (-€10,220)
- Trade debts +€15,023
up €15,023 (+508.9%), from €2,952 to €17,975
- Other debts +€6,504
up €6,504 (+95.8%), from €6,787 to €13,290
- Tax, wage and social debts -€5,504
down €5,504 (-69.6%), from €7,911 to €2,407
- Profit (loss) carried forward +€4,602
up €4,602 (+151.0%), from €3,047 to €7,649
- Gross operating margin -€11,562
down €11,562 (-46.2%), from €25,032 to €13,470
- Depreciation +€1,642
up €1,642 (+76.1%), from €2,157 to €3,799
- Other operating charges +€1,043
up €1,043 (+313.4%), from €333 to €1,376
- Taxes -€565
down €565 (-14.9%), from €3,802 to €3,238
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 | €34,957 | €55,581 | +€20,625 | +59.0% |
| Fixed assets | 21/28 | €5,178 | €11,599 | +€6,421 | +124.0% |
| Tangible fixed assets | 22/27 | €5,128 | €11,549 | +€6,421 | +125.2% |
| Plant, machinery and equipment | 23 | €2,271 | €909 | -€1,361 | -60.0% |
| Furniture and vehicles | 24 | €2,858 | €10,640 | +€7,782 | +272.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €29,778 | €43,982 | +€14,204 | +47.7% |
| Amounts receivable within one year | 40/41 | €21,865 | €35,362 | +€13,497 | +61.7% |
| Trade receivables | 40 | €21,865 | €35,354 | +€13,489 | +61.7% |
| Other amounts receivable | 41 | - | €8 | +€8 | |
| Cash at bank and in hand | 54/58 | €7,819 | €6,228 | -€1,590 | -20.3% |
| Deferred charges and accrued income | 490/1 | €94 | €2,392 | +€2,298 | +2441.1% |
| Total equity and liabilities | 10/49 | €34,957 | €55,581 | +€20,625 | +59.0% |
| Equity | 10/15 | €17,307 | €21,909 | +€4,602 | +26.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,047 | €7,649 | +€4,602 | +151.0% |
| Amounts payable | 17/49 | €17,650 | €33,672 | +€16,022 | +90.8% |
| Amounts payable within one year | 42/48 | €17,650 | €33,672 | +€16,022 | +90.8% |
| Trade debts | 44 | €2,952 | €17,975 | +€15,023 | +508.9% |
| Suppliers | 440/4 | €2,952 | €17,975 | +€15,023 | +508.9% |
| Taxes, remuneration and social security | 45 | €7,911 | €2,407 | -€5,504 | -69.6% |
| Taxes | 450/3 | €7,911 | €2,407 | -€5,504 | -69.6% |
| Other amounts payable | 47/48 | €6,787 | €13,290 | +€6,504 | +95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,157 | €3,799 | +€1,642 | +76.1% |
| Other operating charges | 640/8 | €333 | €1,376 | +€1,043 | +313.4% |
| Gross operating margin | 9900 | €25,032 | €13,470 | -€11,562 | -46.2% |
| Operating profit (loss) | 9901 | €22,542 | €8,295 | -€14,248 | -63.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €355 | €455 | +€100 | +28.1% |
| Recurring financial charges | 65 | €355 | €455 | +€100 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €22,187 | €7,840 | -€14,347 | -64.7% |
| Income taxes | 67/77 | €3,802 | €3,238 | -€565 | -14.9% |
| Profit (loss) for the period | 9904 | €18,385 | €4,602 | -€13,783 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,385 | €4,602 | -€13,783 | -75.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.