Trade & Trend: 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 & Trend
Largest movements
- Cash +€88,809
up €88,809 (+4,440%), from €2,000 to €90,809
mainly Trade debts (+€57,027) and Net result for the year (+€55,536)
- Tangible fixed assets +€39,790
new in 2025: €39,790
of which Other tangible fixed assets: +€22,241
- Receivables within one year +€8,038
up €8,038 (+1,661%), from €484 to €8,522
of which Other amounts receivable: +€8,241
- Stocks and contracts +€6,380
new in 2025: €6,380
- Trade debts +€57,027
up €57,027 (+14,257%), from €400 to €57,427
- Profit (loss) carried forward +€55,536
up €55,536, from -€3,377 to €52,160
- Tax, wage and social debts +€31,364
new in 2025: €31,364
of which Taxes: +€19,164
- Gross operating margin +€174,051
up €174,051, from -€400 to €173,651
- Staff costs +€92,194
new in 2025: €92,194
- Taxes +€19,164
new in 2025: €19,164
- Depreciation +€3,063
new in 2025: €3,063
- Other operating charges +€1,916
up €1,916 (+495%), from €387 to €2,303
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 | €2,484 | €146,025 | +€143,541 | +5,779% |
| Fixed assets | 21/28 | - | €40,315 | +€40,315 | |
| Tangible fixed assets | 22/27 | - | €39,790 | +€39,790 | |
| Furniture and vehicles | 24 | - | €17,549 | +€17,549 | |
| Other tangible fixed assets | 26 | - | €22,241 | +€22,241 | |
| Financial fixed assets | 28 | - | €525 | +€525 | |
| Current assets | 29/58 | €2,484 | €105,710 | +€103,226 | +4,156% |
| Stocks and contracts in progress | 3 | - | €6,380 | +€6,380 | |
| Stocks | 30/36 | - | €6,380 | +€6,380 | |
| Amounts receivable within one year | 40/41 | €484 | €8,522 | +€8,038 | +1,661% |
| Trade receivables | 40 | €484 | €281 | -€203 | -42.0% |
| Other amounts receivable | 41 | - | €8,241 | +€8,241 | |
| Cash at bank and in hand | 54/58 | €2,000 | €90,809 | +€88,809 | +4,440% |
| Total equity and liabilities | 10/49 | €2,484 | €146,025 | +€143,541 | +5,779% |
| Equity | 10/15 | -€1,377 | €54,160 | +€55,536 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,377 | €52,160 | +€55,536 | |
| Amounts payable | 17/49 | €3,861 | €91,866 | +€88,005 | +2,280% |
| Amounts payable within one year | 42/48 | €3,861 | €91,866 | +€88,005 | +2,280% |
| Trade debts | 44 | €400 | €57,427 | +€57,027 | +14,257% |
| Suppliers | 440/4 | €400 | €57,427 | +€57,027 | +14,257% |
| Taxes, remuneration and social security | 45 | - | €31,364 | +€31,364 | |
| Taxes | 450/3 | - | €19,164 | +€19,164 | |
| Remuneration and social security | 454/9 | - | €12,200 | +€12,200 | |
| Other amounts payable | 47/48 | €3,461 | €3,075 | -€386 | -11.1% |
| Remuneration, social security and pensions | 62 | - | €92,194 | +€92,194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,063 | +€3,063 | |
| Other operating charges | 640/8 | €387 | €2,303 | +€1,916 | +495% |
| Non-recurring operating charges | 66A | - | €485 | +€485 | |
| Gross operating margin | 9900 | -€400 | €173,651 | +€174,051 | |
| Operating profit (loss) | 9901 | -€787 | €75,606 | +€76,393 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €906 | +€906 | |
| Recurring financial charges | 65 | - | €906 | +€906 | |
| Profit (loss) for the period before taxes | 9903 | -€787 | €74,700 | +€75,487 | |
| Income taxes | 67/77 | - | €19,164 | +€19,164 | |
| Profit (loss) for the period | 9904 | -€787 | €55,536 | +€56,323 | |
| Profit (loss) for the period to be appropriated | 9905 | -€787 | €55,536 | +€56,323 |
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 17 October 2026 via checked.be.