TRAD'IN: 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.
TRAD'IN
Largest movements
- Receivables within one year +€13,749
up €13,749 (+120%), from €11,491 to €25,240
of which Trade receivables: +€13,735
- Tangible fixed assets +€6,029
up €6,029 (+76.8%), from €7,854 to €13,883
of which Other tangible fixed assets: +€4,753
- Cash +€2,068
up €2,068 (+7.3%), from €28,370 to €30,438
mainly Net result for the year (+€23,418) and Other debts (+€10,431)
- Deferred charges and accrued income -€1,601
down €1,601 (-62.8%), from €2,550 to €950
- Other debts +€10,431
up €10,431 (+17.8%), from €58,678 to €69,108
- Trade debts +€6,610
up €6,610 (+5,130%), from €129 to €6,739
- Tax, wage and social debts +€2,287
up €2,287 (+38.4%), from €5,961 to €8,247
- Profit (loss) carried forward +€918
up €918 (+2.6%), from -€34,779 to -€33,861
- Financial income -€26,496
down €26,496 (-99.7%), from €26,563 to €67
of which Non-recurring financial income: -€26,519
- Gross operating margin +€25,781
up €25,781 (+734%), from €3,514 to €29,296
- Financial charges -€4,127
down €4,127 (-83.8%), from €4,922 to €795
- Taxes -€2,920
down €2,920 (-77.9%), from €3,750 to €830
- Other operating charges -€2,218
down €2,218 (-79.0%), from €2,808 to €591
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 | €50,440 | €70,685 | +€20,245 | +40.1% |
| Fixed assets | 21/28 | €8,029 | €14,058 | +€6,029 | +75.1% |
| Tangible fixed assets | 22/27 | €7,854 | €13,883 | +€6,029 | +76.8% |
| Furniture and vehicles | 24 | €2,659 | €3,936 | +€1,277 | +48.0% |
| Other tangible fixed assets | 26 | €5,195 | €9,947 | +€4,753 | +91.5% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €42,411 | €56,627 | +€14,216 | +33.5% |
| Amounts receivable within one year | 40/41 | €11,491 | €25,240 | +€13,749 | +120% |
| Trade receivables | 40 | €11,491 | €25,226 | +€13,735 | +120% |
| Other amounts receivable | 41 | - | €14 | +€14 | |
| Cash at bank and in hand | 54/58 | €28,370 | €30,438 | +€2,068 | +7.3% |
| Deferred charges and accrued income | 490/1 | €2,550 | €950 | -€1,601 | -62.8% |
| Total equity and liabilities | 10/49 | €50,440 | €70,685 | +€20,245 | +40.1% |
| Equity | 10/15 | -€14,327 | -€13,410 | +€918 | +6.4% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,779 | -€33,861 | +€918 | +2.6% |
| Amounts payable | 17/49 | €64,767 | €84,095 | +€19,328 | +29.8% |
| Amounts payable within one year | 42/48 | €64,767 | €84,095 | +€19,328 | +29.8% |
| Trade debts | 44 | €129 | €6,739 | +€6,610 | +5,130% |
| Suppliers | 440/4 | €129 | €6,739 | +€6,610 | +5,130% |
| Taxes, remuneration and social security | 45 | €5,961 | €8,247 | +€2,287 | +38.4% |
| Taxes | 450/3 | €5,961 | €8,247 | +€2,287 | +38.4% |
| Other amounts payable | 47/48 | €58,678 | €69,108 | +€10,431 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,126 | €3,730 | -€396 | -9.6% |
| Other operating charges | 640/8 | €2,808 | €591 | -€2,218 | -79.0% |
| Gross operating margin | 9900 | €3,514 | €29,296 | +€25,781 | +734% |
| Operating profit (loss) | 9901 | -€3,420 | €24,975 | +€28,395 | |
| Financial income | 75/76B | €26,563 | €67 | -€26,496 | -99.7% |
| Recurring financial income | 75 | €45 | €67 | +€23 | +51.4% |
| Non-recurring financial income | 76B | €26,519 | - | -€26,519 | |
| Financial charges | 65/66B | €4,922 | €795 | -€4,127 | -83.8% |
| Recurring financial charges | 65 | €4,922 | €795 | -€4,127 | -83.8% |
| Profit (loss) for the period before taxes | 9903 | €18,221 | €24,248 | +€6,026 | +33.1% |
| Transfer from deferred taxes | 780 | €118,239 | - | -€118,239 | |
| Income taxes | 67/77 | €3,750 | €830 | -€2,920 | -77.9% |
| Profit (loss) for the period | 9904 | €132,710 | €23,418 | -€109,293 | -82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €132,710 | €23,418 | -€109,293 | -82.4% |
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 28 October 2026 via checked.be.