TRADEMAT: 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.
TRADEMAT
Largest movements
- Stocks and contracts -€50,000
down €50,000 (-10.5%), from €476,618 to €426,618
- Receivables within one year +€46,833
up €46,833 (+11.7%), from €399,776 to €446,609
of which Trade receivables: +€33,441
- Reserves -€17,814
down €17,814 (-10.2%), from €174,408 to €156,593
- Financial income -€9,562
down €9,562 (-31.5%), from €30,376 to €20,814
- Financial charges -€3,413
down €3,413 (-10.0%), from €33,978 to €30,565
- Gross operating margin +€1,698
up €1,698 (+61.9%), from -€2,742 to -€1,045
- Other operating charges -€822
down €822 (-28.3%), from €2,902 to €2,079
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 | €1,342,422 | €1,321,090 | -€21,332 | -1.6% |
| Fixed assets | 21/28 | €277,607 | €272,668 | -€4,939 | -1.8% |
| Tangible fixed assets | 22/27 | €277,607 | €272,668 | -€4,939 | -1.8% |
| Land and buildings | 22 | €277,607 | €272,668 | -€4,939 | -1.8% |
| Current assets | 29/58 | €1,064,815 | €1,048,422 | -€16,393 | -1.5% |
| Stocks and contracts in progress | 3 | €476,618 | €426,618 | -€50,000 | -10.5% |
| Stocks | 30/36 | €476,618 | €426,618 | -€50,000 | -10.5% |
| Amounts receivable within one year | 40/41 | €399,776 | €446,609 | +€46,833 | +11.7% |
| Trade receivables | 40 | €6,000 | €39,441 | +€33,441 | +557% |
| Other amounts receivable | 41 | €393,776 | €407,168 | +€13,392 | +3.4% |
| Cash at bank and in hand | 54/58 | €176,615 | €166,215 | -€10,400 | -5.9% |
| Deferred charges and accrued income | 490/1 | €11,807 | €8,980 | -€2,827 | -23.9% |
| Total equity and liabilities | 10/49 | €1,342,422 | €1,321,090 | -€21,332 | -1.6% |
| Equity | 10/15 | €530,608 | €512,793 | -€17,814 | -3.4% |
| Contributions | 10/11 | €356,200 | €356,200 | = | 0.0% |
| Reserves | 13 | €174,408 | €156,593 | -€17,814 | -10.2% |
| Distributable reserves | 133 | €174,408 | €156,593 | -€17,814 | -10.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €811,815 | €808,297 | -€3,518 | -0.4% |
| Amounts payable within one year | 42/48 | €807,254 | €807,277 | +€24 | 0.0% |
| Financial debts | 43 | €379,400 | €379,400 | = | 0.0% |
| Credit institutions | 430/8 | €379,400 | €379,400 | = | 0.0% |
| Trade debts | 44 | €37,151 | €35,267 | -€1,884 | -5.1% |
| Suppliers | 440/4 | €37,151 | €35,267 | -€1,884 | -5.1% |
| Taxes, remuneration and social security | 45 | €62 | €0 | -€62 | -100% |
| Taxes | 450/3 | €62 | €0 | -€62 | -100% |
| Other amounts payable | 47/48 | €390,641 | €392,610 | +€1,969 | +0.5% |
| Accrued charges and deferred income | 492/3 | €4,561 | €1,019 | -€3,542 | -77.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,939 | €4,939 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,902 | €2,079 | -€822 | -28.3% |
| Gross operating margin | 9900 | -€2,742 | -€1,045 | +€1,698 | +61.9% |
| Operating profit (loss) | 9901 | -€10,584 | -€8,063 | +€2,520 | +23.8% |
| Financial income | 75/76B | €30,376 | €20,814 | -€9,562 | -31.5% |
| Recurring financial income | 75 | €30,376 | €20,814 | -€9,562 | -31.5% |
| Financial charges | 65/66B | €33,978 | €30,565 | -€3,413 | -10.0% |
| Recurring financial charges | 65 | €33,978 | €30,565 | -€3,413 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,186 | -€17,814 | -€3,629 | -25.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€14,186 | -€17,814 | -€3,629 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,186 | -€17,814 | -€3,629 | -25.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.