TRADE 4 PROS: 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.
TRADE 4 PROS
Largest movements
- Tangible fixed assets -€50,320
down €50,320 (-22.3%), from €226,155 to €175,835
of which Furniture and vehicles: -€38,156
- Cash +€42,222
up €42,222 (+435%), from €9,700 to €51,921
mainly Trade debts (+€37,139) and Depreciation (+€32,913)
- Stocks and contracts -€10,904
down €10,904 (-17.1%), from €63,693 to €52,789
- Receivables within one year -€8,036
down €8,036 (-23.3%), from €34,469 to €26,433
of which Trade receivables: -€9,551
- Trade debts +€37,139
up €37,139 (+100%), from €37,075 to €74,214
- Other debts -€30,848
down €30,848 (-65.6%), from €47,049 to €16,201
- Profit (loss) carried forward -€24,594
down €24,594 (-31.0%), from €79,358 to €54,764
- Debts after one year -€8,286
down €8,286 (-7.4%), from €111,799 to €103,513
- Gross operating margin -€33,131
down €33,131 (-64.6%), from €51,250 to €18,119
- Depreciation +€14,407
up €14,407 (+77.9%), from €18,505 to €32,913
- Taxes -€6,580
no longer reported in 2024 (was €6,580)
- Financial charges +€1,765
up €1,765 (+62.4%), from €2,829 to €4,594
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €336,530 | €308,387 | -€28,142 | -8.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €226,155 | €175,835 | -€50,320 | -22.3% |
| Tangible fixed assets | 22/27 | €226,155 | €175,835 | -€50,320 | -22.3% |
| Land and buildings | 22 | €144,116 | €134,059 | -€10,057 | -7.0% |
| Plant, machinery and equipment | 23 | €6,094 | €3,987 | -€2,107 | -34.6% |
| Furniture and vehicles | 24 | €75,945 | €37,789 | -€38,156 | -50.2% |
| Current assets | 29/58 | €110,374 | €132,552 | +€22,178 | +20.1% |
| Stocks and contracts in progress | 3 | €63,693 | €52,789 | -€10,904 | -17.1% |
| Stocks | 30/36 | €63,693 | €52,789 | -€10,904 | -17.1% |
| Amounts receivable within one year | 40/41 | €34,469 | €26,433 | -€8,036 | -23.3% |
| Trade receivables | 40 | €19,347 | €9,796 | -€9,551 | -49.4% |
| Other amounts receivable | 41 | €15,122 | €16,637 | +€1,515 | +10.0% |
| Cash at bank and in hand | 54/58 | €9,700 | €51,921 | +€42,222 | +435% |
| Deferred charges and accrued income | 490/1 | €2,513 | €1,409 | -€1,104 | -43.9% |
| Total equity and liabilities | 10/49 | €336,530 | €308,387 | -€28,142 | -8.4% |
| Equity | 10/15 | €124,969 | €100,375 | -€24,594 | -19.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,011 | €27,011 | = | 0.0% |
| Distributable reserves | 133 | €27,011 | €27,011 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,358 | €54,764 | -€24,594 | -31.0% |
| Amounts payable | 17/49 | €211,561 | €208,013 | -€3,548 | -1.7% |
| Amounts payable after more than one year | 17 | €111,799 | €103,513 | -€8,286 | -7.4% |
| Financial debts | 170/4 | €111,799 | €103,513 | -€8,286 | -7.4% |
| Amounts payable within one year | 42/48 | €99,762 | €104,500 | +€4,738 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €8,126 | €8,286 | +€160 | +2.0% |
| Trade debts | 44 | €37,075 | €74,214 | +€37,139 | +100% |
| Suppliers | 440/4 | €37,075 | €74,214 | +€37,139 | +100% |
| Taxes, remuneration and social security | 45 | €7,511 | €5,799 | -€1,713 | -22.8% |
| Taxes | 450/3 | €7,511 | €5,799 | -€1,713 | -22.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €47,049 | €16,201 | -€30,848 | -65.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €0 | €0 | = | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,505 | €32,913 | +€14,407 | +77.9% |
| Other operating charges | 640/8 | €4,936 | €5,297 | +€362 | +7.3% |
| Non-recurring operating charges | 66A | €125 | - | -€125 | |
| Gross operating margin | 9900 | €51,250 | €18,119 | -€33,131 | -64.6% |
| Operating profit (loss) | 9901 | €27,684 | -€20,091 | -€47,775 | |
| Financial income | 75/76B | €4 | €91 | +€87 | +2,429% |
| Recurring financial income | 75 | €4 | €91 | +€87 | +2,429% |
| Financial charges | 65/66B | €2,829 | €4,594 | +€1,765 | +62.4% |
| Recurring financial charges | 65 | €2,829 | €4,594 | +€1,765 | +62.4% |
| Profit (loss) for the period before taxes | 9903 | €24,859 | -€24,594 | -€49,452 | |
| Income taxes | 67/77 | €6,580 | - | -€6,580 | |
| Profit (loss) for the period | 9904 | €18,279 | -€24,594 | -€42,873 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,279 | -€24,594 | -€42,873 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.