TRADE CENTER: 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 CENTER
Largest movements
- Tangible fixed assets -€3,976
down €3,976 (-4.5%), from €88,972 to €84,995
of which Land and buildings: -€8,456
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€2,182
up €2,182 (+253.4%), from €861 to €3,043
- Depreciation +€1,100
up €1,100 (+6.9%), from €15,836 to €16,936
- Taxes +€707
up €707 (+564.8%), from €125 to €832
- Staff costs -€524
down €524 (-3.5%), from €14,788 to €14,264
- Gross operating margin -€465
down €465 (-1.5%), from €30,646 to €30,182
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 | €252,641 | €251,903 | -€737 | -0.3% |
| Fixed assets | 21/28 | €88,972 | €84,995 | -€3,976 | -4.5% |
| Tangible fixed assets | 22/27 | €88,972 | €84,995 | -€3,976 | -4.5% |
| Land and buildings | 22 | €43,323 | €34,867 | -€8,456 | -19.5% |
| Plant, machinery and equipment | 23 | €25,579 | €35,028 | +€9,449 | +36.9% |
| Furniture and vehicles | 24 | €20,069 | €15,100 | -€4,969 | -24.8% |
| Current assets | 29/58 | €163,669 | €166,908 | +€3,239 | +2.0% |
| Amounts receivable within one year | 40/41 | €4,974 | €5,169 | +€195 | +3.9% |
| Trade receivables | 40 | €62 | €321 | +€259 | +419.6% |
| Other amounts receivable | 41 | €4,913 | €4,848 | -€64 | -1.3% |
| Current investments | 50/53 | €50,000 | €50,724 | +€724 | +1.4% |
| Cash at bank and in hand | 54/58 | €106,822 | €108,431 | +€1,609 | +1.5% |
| Deferred charges and accrued income | 490/1 | €1,873 | €2,583 | +€711 | +37.9% |
| Total equity and liabilities | 10/49 | €252,641 | €251,903 | -€737 | -0.3% |
| Equity | 10/15 | €244,153 | €242,044 | -€2,109 | -0.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €225,603 | €223,494 | -€2,109 | -0.9% |
| Distributable reserves | 133 | €225,603 | €223,494 | -€2,109 | -0.9% |
| Amounts payable | 17/49 | €8,487 | €9,859 | +€1,372 | +16.2% |
| Amounts payable within one year | 42/48 | €3,397 | €4,795 | +€1,398 | +41.2% |
| Trade debts | 44 | €1,253 | €2,895 | +€1,643 | +131.1% |
| Suppliers | 440/4 | €1,253 | €2,895 | +€1,643 | +131.1% |
| Taxes, remuneration and social security | 45 | €2,125 | €1,880 | -€244 | -11.5% |
| Remuneration and social security | 454/9 | €2,125 | €1,880 | -€244 | -11.5% |
| Other amounts payable | 47/48 | €20 | €20 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,090 | €5,064 | -€27 | -0.5% |
| Remuneration, social security and pensions | 62 | €14,788 | €14,264 | -€524 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,836 | €16,936 | +€1,100 | +6.9% |
| Other operating charges | 640/8 | €2,986 | €3,075 | +€89 | +3.0% |
| Gross operating margin | 9900 | €30,646 | €30,182 | -€465 | -1.5% |
| Operating profit (loss) | 9901 | -€2,964 | -€4,094 | -€1,129 | -38.1% |
| Financial income | 75/76B | €861 | €3,043 | +€2,182 | +253.4% |
| Recurring financial income | 75 | €861 | €3,043 | +€2,182 | +253.4% |
| Financial charges | 65/66B | €260 | €226 | -€34 | -13.0% |
| Recurring financial charges | 65 | €260 | €226 | -€34 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,364 | -€1,277 | +€1,086 | +46.0% |
| Income taxes | 67/77 | €125 | €832 | +€707 | +564.8% |
| Profit (loss) for the period | 9904 | -€2,489 | -€2,109 | +€380 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,489 | -€2,109 | +€380 | +15.3% |
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 11 October 2026 via checked.be.