TRACTOFIM: 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.
TRACTOFIM
Largest movements
- Cash -€45,795
down €45,795 (-25.1%), from €182,153 to €136,358
mainly Trade debts (-€59,672) and Investment in fixed assets (net) (-€37,053)
- Tangible fixed assets -€44,155
down €44,155 (-8.9%), from €493,634 to €449,479
of which Land and buildings: -€44,431
- Trade debts -€59,672
down €59,672 (-52.5%), from €113,561 to €53,889
- Debts after one year -€20,154
down €20,154 (-12.8%), from €157,872 to €137,718
- Tax, wage and social debts -€12,219
down €12,219 (-44.6%), from €27,366 to €15,148
of which Taxes: -€14,611
- Gross operating margin +€15,407
up €15,407 (+10.3%), from €148,882 to €164,288
- Depreciation +€5,162
up €5,162 (+6.8%), from €76,046 to €81,208
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 | €741,920 | €653,666 | -€88,253 | -11.9% |
| Fixed assets | 21/28 | €493,634 | €449,479 | -€44,155 | -8.9% |
| Tangible fixed assets | 22/27 | €493,634 | €449,479 | -€44,155 | -8.9% |
| Land and buildings | 22 | €362,989 | €318,558 | -€44,431 | -12.2% |
| Plant, machinery and equipment | 23 | €128,304 | €118,523 | -€9,782 | -7.6% |
| Furniture and vehicles | 24 | €2,341 | €12,399 | +€10,058 | +429.7% |
| Current assets | 29/58 | €248,285 | €204,187 | -€44,098 | -17.8% |
| Amounts receivable within one year | 40/41 | €66,132 | €67,829 | +€1,697 | +2.6% |
| Trade receivables | 40 | €66,132 | €51,671 | -€14,461 | -21.9% |
| Other amounts receivable | 41 | €0 | €16,158 | +€16,158 | |
| Cash at bank and in hand | 54/58 | €182,153 | €136,358 | -€45,795 | -25.1% |
| Total equity and liabilities | 10/49 | €741,920 | €653,666 | -€88,253 | -11.9% |
| Equity | 10/15 | €247,091 | €251,457 | +€4,366 | +1.8% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €127,091 | €131,457 | +€4,366 | +3.4% |
| Non-distributable reserves | 130/1 | €12,000 | €12,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €115,091 | €119,457 | +€4,366 | +3.8% |
| Amounts payable | 17/49 | €494,828 | €402,209 | -€92,619 | -18.7% |
| Amounts payable after more than one year | 17 | €157,872 | €137,718 | -€20,154 | -12.8% |
| Financial debts | 170/4 | €157,872 | €137,718 | -€20,154 | -12.8% |
| Amounts payable within one year | 42/48 | €336,082 | €264,192 | -€71,890 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €20,154 | €20,154 | = | 0.0% |
| Trade debts | 44 | €113,561 | €53,889 | -€59,672 | -52.5% |
| Suppliers | 440/4 | €113,561 | €53,889 | -€59,672 | -52.5% |
| Taxes, remuneration and social security | 45 | €27,366 | €15,148 | -€12,219 | -44.6% |
| Taxes | 450/3 | €15,770 | €1,159 | -€14,611 | -92.6% |
| Remuneration and social security | 454/9 | €11,596 | €13,988 | +€2,392 | +20.6% |
| Other amounts payable | 47/48 | €175,000 | €175,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €875 | €300 | -€575 | -65.7% |
| Remuneration, social security and pensions | 62 | €74,059 | €74,259 | +€199 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,046 | €81,208 | +€5,162 | +6.8% |
| Other operating charges | 640/8 | €2,210 | €1,913 | -€297 | -13.5% |
| Gross operating margin | 9900 | €148,882 | €164,288 | +€15,407 | +10.3% |
| Operating profit (loss) | 9901 | -€3,434 | €6,909 | +€10,343 | |
| Financial income | 75/76B | €24 | €1 | -€23 | -95.5% |
| Recurring financial income | 75 | €24 | €1 | -€23 | -95.5% |
| Financial charges | 65/66B | €2,011 | €1,815 | -€196 | -9.7% |
| Recurring financial charges | 65 | €2,011 | €1,815 | -€196 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,421 | €5,095 | +€10,516 | |
| Income taxes | 67/77 | €81 | €729 | +€648 | +804.0% |
| Profit (loss) for the period | 9904 | -€5,502 | €4,366 | +€9,868 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,502 | €4,366 | +€9,868 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.