Traction Bois: 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.
Traction Bois
Largest movements
- Stocks and contracts +€62,125
up €62,125 (+207%), from €30,000 to €92,125
- Receivables within one year -€29,428
down €29,428 (-75.4%), from €39,043 to €9,615
of which Trade receivables: -€32,405
- Tangible fixed assets -€12,217
down €12,217 (-5.3%), from €230,312 to €218,095
of which Furniture and vehicles: -€12,613
- Trade debts +€58,079
up €58,079 (+437%), from €13,288 to €71,367
- Debts after one year -€30,406
down €30,406 (-20.9%), from €145,227 to €114,821
- Tax, wage and social debts -€8,663
no longer reported in 2025 (was €8,663)
- Profit (loss) carried forward +€5,410
up €5,410 (+8.1%), from €66,468 to €71,878
- Gross operating margin +€21,246
up €21,246 (+32.0%), from €66,380 to €87,626
- Taxes -€7,415
down €7,415 (-99.4%), from €7,458 to €43
- Financial income +€4,460
up €4,460 (+779%), from €572 to €5,032
of which Non-recurring financial income: +€4,157
- Depreciation +€3,547
up €3,547 (+6.4%), from €55,712 to €59,259
- Staff costs -€1,073
no longer reported in 2025 (was €1,073)
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.
Derived cash bridge
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 | €360,266 | €383,129 | +€22,863 | +6.3% |
| Fixed assets | 21/28 | €233,581 | €220,163 | -€13,417 | -5.7% |
| Tangible fixed assets | 22/27 | €230,312 | €218,095 | -€12,217 | -5.3% |
| Land and buildings | 22 | €13,750 | €13,750 | = | 0.0% |
| Plant, machinery and equipment | 23 | €7,800 | €8,196 | +€396 | +5.1% |
| Furniture and vehicles | 24 | €208,762 | €196,148 | -€12,613 | -6.0% |
| Financial fixed assets | 28 | €3,268 | €2,068 | -€1,200 | -36.7% |
| Current assets | 29/58 | €126,685 | €162,966 | +€36,280 | +28.6% |
| Stocks and contracts in progress | 3 | €30,000 | €92,125 | +€62,125 | +207% |
| Stocks | 30/36 | €30,000 | €92,125 | +€62,125 | +207% |
| Amounts receivable within one year | 40/41 | €39,043 | €9,615 | -€29,428 | -75.4% |
| Trade receivables | 40 | €38,483 | €6,078 | -€32,405 | -84.2% |
| Other amounts receivable | 41 | €560 | €3,537 | +€2,977 | +532% |
| Cash at bank and in hand | 54/58 | €52,049 | €53,726 | +€1,677 | +3.2% |
| Deferred charges and accrued income | 490/1 | €5,594 | €7,499 | +€1,905 | +34.1% |
| Total equity and liabilities | 10/49 | €360,266 | €383,129 | +€22,863 | +6.3% |
| Equity | 10/15 | €147,077 | €152,487 | +€5,410 | +3.7% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €61,859 | €61,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,468 | €71,878 | +€5,410 | +8.1% |
| Amounts payable | 17/49 | €213,189 | €230,642 | +€17,453 | +8.2% |
| Amounts payable after more than one year | 17 | €145,227 | €114,821 | -€30,406 | -20.9% |
| Financial debts | 170/4 | €145,227 | €114,821 | -€30,406 | -20.9% |
| Amounts payable within one year | 42/48 | €67,922 | €115,737 | +€47,815 | +70.4% |
| Current portion of amounts payable after more than one year | 42 | €40,172 | €41,197 | +€1,025 | +2.6% |
| Trade debts | 44 | €13,288 | €71,367 | +€58,079 | +437% |
| Suppliers | 440/4 | €13,288 | €71,367 | +€58,079 | +437% |
| Taxes, remuneration and social security | 45 | €8,663 | - | -€8,663 | |
| Taxes | 450/3 | €8,663 | - | -€8,663 | |
| Other amounts payable | 47/48 | €5,799 | €3,173 | -€2,626 | -45.3% |
| Accrued charges and deferred income | 492/3 | €40 | €84 | +€44 | +111% |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Remuneration, social security and pensions | 62 | €1,073 | - | -€1,073 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,712 | €59,259 | +€3,547 | +6.4% |
| Other operating charges | 640/8 | €3,933 | €4,507 | +€574 | +14.6% |
| Non-recurring operating charges | 66A | - | €12,747 | +€12,747 | |
| Gross operating margin | 9900 | €66,380 | €87,626 | +€21,246 | +32.0% |
| Operating profit (loss) | 9901 | €5,662 | €11,112 | +€5,450 | +96.3% |
| Financial income | 75/76B | €572 | €5,032 | +€4,460 | +779% |
| Recurring financial income | 75 | €204 | €507 | +€303 | +148% |
| Non-recurring financial income | 76B | €368 | €4,525 | +€4,157 | +1,130% |
| Financial charges | 65/66B | €11,506 | €10,691 | -€815 | -7.1% |
| Recurring financial charges | 65 | €11,125 | €10,691 | -€434 | -3.9% |
| Non-recurring financial charges | 66B | €381 | - | -€381 | |
| Profit (loss) for the period before taxes | 9903 | -€5,272 | €5,453 | +€10,725 | |
| Transfer from deferred taxes | 780 | €5,261 | - | -€5,261 | |
| Income taxes | 67/77 | €7,458 | €43 | -€7,415 | -99.4% |
| Profit (loss) for the period | 9904 | -€7,469 | €5,410 | +€12,879 | |
| Transfer from tax-exempt reserves | 789 | €21,046 | - | -€21,046 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,577 | €5,410 | -€8,167 | -60.2% |
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 18 October 2026 via checked.be.