TRADECOLIEGE: 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.
TRADECOLIEGE
Largest movements
- Cash -€298,802
down €298,802 (-30.8%), from €968,768 to €669,966
mainly Investment in fixed assets (net) (-€283,500) and Debts after one year (-€70,737)
- Financial fixed assets +€283,500
up €283,500 (+19.7%), from €1.4m to €1.7m
- Receivables within one year +€37,077
up €37,077 (+22.2%), from €167,286 to €204,363
of which Trade receivables: +€37,077
- Profit (loss) carried forward +€78,317
up €78,317 (+3.8%), from €2.0m to €2.1m
- Debts after one year -€70,737
down €70,737 (-31.5%), from €224,249 to €153,512
- Financial income -€313,717
down €313,717 (-100.0%), from €313,735 to €18
- Other operating charges +€74,940
up €74,940 (+108%), from €69,257 to €144,196
- Gross operating margin +€19,641
up €19,641 (+4.7%), from €418,623 to €438,264
- Taxes -€17,484
down €17,484 (-34.7%), from €50,338 to €32,854
- Staff costs +€5,694
up €5,694 (+3.5%), from €161,348 to €167,042
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 | €2,617,229 | €2,627,483 | +€10,254 | +0.4% |
| Fixed assets | 21/28 | €1,477,727 | €1,749,383 | +€271,657 | +18.4% |
| Tangible fixed assets | 22/27 | €37,622 | €25,779 | -€11,843 | -31.5% |
| Furniture and vehicles | 24 | €37,622 | €25,779 | -€11,843 | -31.5% |
| Financial fixed assets | 28 | €1,440,104 | €1,723,604 | +€283,500 | +19.7% |
| Current assets | 29/58 | €1,139,502 | €878,100 | -€261,403 | -22.9% |
| Amounts receivable within one year | 40/41 | €167,286 | €204,363 | +€37,077 | +22.2% |
| Trade receivables | 40 | €167,286 | €204,363 | +€37,077 | +22.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €968,768 | €669,966 | -€298,802 | -30.8% |
| Deferred charges and accrued income | 490/1 | €3,449 | €3,771 | +€322 | +9.3% |
| Total equity and liabilities | 10/49 | €2,617,229 | €2,627,483 | +€10,254 | +0.4% |
| Equity | 10/15 | €2,230,311 | €2,308,628 | +€78,317 | +3.5% |
| Contributions | 10/11 | €166,089 | €166,089 | = | 0.0% |
| Reserves | 13 | €17,403 | €17,403 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,403 | €17,403 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,403 | €17,403 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,046,819 | €2,125,136 | +€78,317 | +3.8% |
| Amounts payable | 17/49 | €386,918 | €318,855 | -€68,063 | -17.6% |
| Amounts payable after more than one year | 17 | €224,249 | €153,512 | -€70,737 | -31.5% |
| Financial debts | 170/4 | €224,249 | €153,512 | -€70,737 | -31.5% |
| Amounts payable within one year | 42/48 | €162,669 | €165,343 | +€2,674 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €69,653 | €70,737 | +€1,084 | +1.6% |
| Trade debts | 44 | €9,402 | €33,659 | +€24,257 | +258% |
| Suppliers | 440/4 | €9,402 | €33,659 | +€24,257 | +258% |
| Taxes, remuneration and social security | 45 | €83,615 | €60,947 | -€22,668 | -27.1% |
| Taxes | 450/3 | €67,169 | €43,527 | -€23,642 | -35.2% |
| Remuneration and social security | 454/9 | €16,446 | €17,420 | +€975 | +5.9% |
| Remuneration, social security and pensions | 62 | €161,348 | €167,042 | +€5,694 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,720 | €11,843 | +€123 | +1.1% |
| Other operating charges | 640/8 | €69,257 | €144,196 | +€74,940 | +108% |
| Gross operating margin | 9900 | €418,623 | €438,264 | +€19,641 | +4.7% |
| Operating profit (loss) | 9901 | €176,299 | €115,182 | -€61,116 | -34.7% |
| Financial income | 75/76B | €313,735 | €18 | -€313,717 | -100.0% |
| Recurring financial income | 75 | €313,735 | €18 | -€313,717 | -100.0% |
| Financial charges | 65/66B | €5,188 | €4,029 | -€1,158 | -22.3% |
| Recurring financial charges | 65 | €5,188 | €4,029 | -€1,158 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €484,846 | €111,171 | -€373,675 | -77.1% |
| Income taxes | 67/77 | €50,338 | €32,854 | -€17,484 | -34.7% |
| Profit (loss) for the period | 9904 | €434,508 | €78,317 | -€356,191 | -82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €434,508 | €78,317 | -€356,191 | -82.0% |
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 18 October 2026 via checked.be.