Tradebuilding: 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.
Tradebuilding
Largest movements
- Cash +€95,650
up €95,650 (+243%), from €39,300 to €134,950
mainly Net result for the year (+€73,225) and Short-term financial debts (+€20,000)
- Tangible fixed assets -€11,964
down €11,964 (-25.0%), from €47,832 to €35,868
- Receivables within one year +€6,054
up €6,054 (+143%), from €4,235 to €10,289
of which Other amounts receivable: +€5,586
- Reserves +€71,445
up €71,445 (+120%), from €59,563 to €131,008
of which Distributable reserves: +€71,445
- Short-term financial debts +€20,000
new in 2024: €20,000
- Other debts -€2,103
no longer reported in 2024 (was €2,103)
- Gross operating margin +€17,356
up €17,356 (+19.3%), from €89,825 to €107,182
- Depreciation +€8,028
up €8,028 (+137%), from €5,860 to €13,887
- Taxes -€3,579
down €3,579 (-15.6%), from €22,872 to €19,293
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 | €92,718 | €182,579 | +€89,861 | +96.9% |
| Fixed assets | 21/28 | €47,832 | €35,868 | -€11,964 | -25.0% |
| Tangible fixed assets | 22/27 | €47,832 | €35,868 | -€11,964 | -25.0% |
| Furniture and vehicles | 24 | €47,832 | €35,868 | -€11,964 | -25.0% |
| Current assets | 29/58 | €44,886 | €146,712 | +€101,826 | +227% |
| Amounts receivable within one year | 40/41 | €4,235 | €10,289 | +€6,054 | +143% |
| Trade receivables | 40 | €4,235 | €4,703 | +€468 | +11.1% |
| Other amounts receivable | 41 | - | €5,586 | +€5,586 | |
| Cash at bank and in hand | 54/58 | €39,300 | €134,950 | +€95,650 | +243% |
| Deferred charges and accrued income | 490/1 | €1,351 | €1,472 | +€122 | +9.0% |
| Total equity and liabilities | 10/49 | €92,718 | €182,579 | +€89,861 | +96.9% |
| Equity | 10/15 | €60,783 | €134,008 | +€73,225 | +120% |
| 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 | €59,563 | €131,008 | +€71,445 | +120% |
| Non-distributable reserves | 130/1 | €59,563 | €59,563 | = | 0.0% |
| Reserves not available under the articles | 1311 | €59,563 | €59,563 | = | 0.0% |
| Distributable reserves | 133 | - | €71,445 | +€71,445 | |
| Profit (loss) carried forward | 14 | -€1,779 | - | +€1,779 | |
| Amounts payable | 17/49 | €31,935 | €48,572 | +€16,637 | +52.1% |
| Amounts payable within one year | 42/48 | €31,935 | €48,572 | +€16,637 | +52.1% |
| Financial debts | 43 | - | €20,000 | +€20,000 | |
| Credit institutions | 430/8 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €110 | - | -€110 | |
| Suppliers | 440/4 | €110 | - | -€110 | |
| Taxes, remuneration and social security | 45 | €29,722 | €28,572 | -€1,150 | -3.9% |
| Taxes | 450/3 | €29,647 | €28,572 | -€1,075 | -3.6% |
| Remuneration and social security | 454/9 | €75 | - | -€75 | |
| Other amounts payable | 47/48 | €2,103 | - | -€2,103 | |
| Remuneration, social security and pensions | 62 | €28 | - | -€28 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,860 | €13,887 | +€8,028 | +137% |
| Other operating charges | 640/8 | €1,372 | €822 | -€549 | -40.0% |
| Gross operating margin | 9900 | €89,825 | €107,182 | +€17,356 | +19.3% |
| Operating profit (loss) | 9901 | €82,566 | €92,472 | +€9,906 | +12.0% |
| Financial income | 75/76B | - | €254 | +€254 | |
| Recurring financial income | 75 | - | €254 | +€254 | |
| Financial charges | 65/66B | €131 | €208 | +€77 | +59.0% |
| Recurring financial charges | 65 | €131 | €208 | +€77 | +59.0% |
| Profit (loss) for the period before taxes | 9903 | €82,435 | €92,518 | +€10,083 | +12.2% |
| Income taxes | 67/77 | €22,872 | €19,293 | -€3,579 | -15.6% |
| Profit (loss) for the period | 9904 | €59,563 | €73,225 | +€13,662 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €59,563 | €73,225 | +€13,662 | +22.9% |
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 13 October 2026 via checked.be.