TRACTUS: 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.
TRACTUS
Largest movements
- Cash +€36,397
up €36,397 (+67.1%), from €54,242 to €90,639
mainly Net result for the year (+€72,262) and Other debts (+€45,854)
- Receivables within one year +€7,413
up €7,413 (+12.6%), from €58,905 to €66,317
of which Other amounts receivable: +€17,885
- Tangible fixed assets -€5,186
down €5,186 (-12.7%), from €40,796 to €35,610
of which Furniture and vehicles: -€6,529
- Other debts +€45,854
up €45,854 (+244.4%), from €18,759 to €64,613
- Tax, wage and social debts -€25,047
down €25,047 (-42.5%), from €58,889 to €33,842
of which Taxes: -€21,597
- Accrued charges and deferred income +€18,281
up €18,281 (+2079.8%), from €879 to €19,160
- Debts after one year -€6,095
down €6,095 (-28.0%), from €21,804 to €15,708
- Short-term financial debts +€5,073
new in 2025: €5,073
- Gross operating margin +€64,548
up €64,548 (+45.1%), from €143,204 to €207,752
- Staff costs +€40,226
up €40,226 (+51.5%), from €78,133 to €118,359
- Taxes -€9,185
down €9,185 (-71.5%), from €12,849 to €3,664
- Depreciation +€4,358
up €4,358 (+81.9%), from €5,322 to €9,680
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 | €153,943 | €192,925 | +€38,982 | +25.3% |
| Fixed assets | 21/28 | €40,796 | €35,610 | -€5,186 | -12.7% |
| Tangible fixed assets | 22/27 | €40,796 | €35,610 | -€5,186 | -12.7% |
| Plant, machinery and equipment | 23 | €9,851 | €11,194 | +€1,343 | +13.6% |
| Furniture and vehicles | 24 | €30,945 | €24,416 | -€6,529 | -21.1% |
| Current assets | 29/58 | €113,147 | €157,315 | +€44,169 | +39.0% |
| Amounts receivable within one year | 40/41 | €58,905 | €66,317 | +€7,413 | +12.6% |
| Trade receivables | 40 | €57,788 | €47,316 | -€10,472 | -18.1% |
| Other amounts receivable | 41 | €1,117 | €19,001 | +€17,885 | +1601.6% |
| Cash at bank and in hand | 54/58 | €54,242 | €90,639 | +€36,397 | +67.1% |
| Deferred charges and accrued income | 490/1 | - | €359 | +€359 | |
| Total equity and liabilities | 10/49 | €153,943 | €192,925 | +€38,982 | +25.3% |
| Equity | 10/15 | €45,083 | €47,345 | +€2,262 | +5.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €42,083 | €42,083 | = | 0.0% |
| Distributable reserves | 133 | €42,083 | €42,083 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €2,262 | +€2,262 | |
| Amounts payable | 17/49 | €108,859 | €145,580 | +€36,721 | +33.7% |
| Amounts payable after more than one year | 17 | €21,804 | €15,708 | -€6,095 | -28.0% |
| Financial debts | 170/4 | €21,804 | €15,708 | -€6,095 | -28.0% |
| Amounts payable within one year | 42/48 | €86,177 | €110,711 | +€24,535 | +28.5% |
| Current portion of amounts payable after more than one year | 42 | €6,351 | €6,593 | +€242 | +3.8% |
| Financial debts | 43 | - | €5,073 | +€5,073 | |
| Credit institutions | 430/8 | - | €5,073 | +€5,073 | |
| Trade debts | 44 | €869 | €590 | -€279 | -32.1% |
| Suppliers | 440/4 | €869 | €590 | -€279 | -32.1% |
| Advances received on contracts in progress | 46 | €1,309 | - | -€1,309 | |
| Taxes, remuneration and social security | 45 | €58,889 | €33,842 | -€25,047 | -42.5% |
| Taxes | 450/3 | €44,693 | €23,096 | -€21,597 | -48.3% |
| Remuneration and social security | 454/9 | €14,196 | €10,746 | -€3,450 | -24.3% |
| Other amounts payable | 47/48 | €18,759 | €64,613 | +€45,854 | +244.4% |
| Accrued charges and deferred income | 492/3 | €879 | €19,160 | +€18,281 | +2079.8% |
| Remuneration, social security and pensions | 62 | €78,133 | €118,359 | +€40,226 | +51.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,322 | €9,680 | +€4,358 | +81.9% |
| Other operating charges | 640/8 | €225 | €304 | +€79 | +35.1% |
| Gross operating margin | 9900 | €143,204 | €207,752 | +€64,548 | +45.1% |
| Operating profit (loss) | 9901 | €59,524 | €79,410 | +€19,886 | +33.4% |
| Financial income | 75/76B | €10 | €52 | +€42 | +419.2% |
| Recurring financial income | 75 | €10 | €52 | +€42 | +419.2% |
| Financial charges | 65/66B | €2,801 | €3,537 | +€735 | +26.3% |
| Recurring financial charges | 65 | €2,801 | €3,537 | +€735 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | €56,732 | €75,925 | +€19,193 | +33.8% |
| Income taxes | 67/77 | €12,849 | €3,664 | -€9,185 | -71.5% |
| Profit (loss) for the period | 9904 | €43,883 | €72,262 | +€28,378 | +64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,883 | €72,262 | +€28,378 | +64.7% |
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 12 October 2026 via checked.be.