TRADEMED: what changed
Two fiscal 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.
TRADEMED
Largest movements
- Receivables within one year -€46,285
down €46,285 (-48.4%), from €95,553 to €49,269
of which Trade receivables: -€50,611
- Stocks and contracts -€30,777
down €30,777 (-8.9%), from €346,329 to €315,552
- Cash +€18,786
up €18,786 (+257.7%), from €7,289 to €26,076
mainly Receivables within one year (+€46,285) and Stocks and contracts (+€30,777)
- Tangible fixed assets -€14,047
down €14,047 (-43.3%), from €32,416 to €18,369
of which Plant, machinery and equipment: -€9,973
- Trade debts -€53,996
down €53,996 (-32.1%), from €168,305 to €114,309
- Debts after one year -€35,143
down €35,143 (-34.3%), from €102,363 to €67,219
- Profit (loss) carried forward +€13,548
up €13,548 (+11.2%), from €121,362 to €134,910
- Taxes -€17,730
down €17,730 (-76.1%), from €23,292 to €5,562
- Gross operating margin -€13,329
down €13,329 (-6.1%), from €219,228 to €205,899
- Staff costs +€12,470
up €12,470 (+8.6%), from €144,324 to €156,794
- Financial charges +€4,155
up €4,155 (+44.5%), from €9,333 to €13,488
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.
Cash bridge derived
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 | €485,089 | €410,252 | -€74,837 | -15.4% |
| Fixed assets | 21/28 | €34,416 | €18,369 | -€16,047 | -46.6% |
| Intangible fixed assets | 21 | €2,000 | - | -€2,000 | |
| Tangible fixed assets | 22/27 | €32,416 | €18,369 | -€14,047 | -43.3% |
| Plant, machinery and equipment | 23 | €19,945 | €9,973 | -€9,973 | -50.0% |
| Furniture and vehicles | 24 | €8,542 | €5,315 | -€3,228 | -37.8% |
| Other tangible fixed assets | 26 | €3,929 | €3,082 | -€847 | -21.6% |
| Current assets | 29/58 | €450,673 | €391,883 | -€58,790 | -13.0% |
| Stocks and contracts in progress | 3 | €346,329 | €315,552 | -€30,777 | -8.9% |
| Stocks | 30/36 | €346,329 | €315,552 | -€30,777 | -8.9% |
| Amounts receivable within one year | 40/41 | €95,553 | €49,269 | -€46,285 | -48.4% |
| Trade receivables | 40 | €95,442 | €44,830 | -€50,611 | -53.0% |
| Other amounts receivable | 41 | €111 | €4,438 | +€4,327 | +3881.4% |
| Cash at bank and in hand | 54/58 | €7,289 | €26,076 | +€18,786 | +257.7% |
| Deferred charges and accrued income | 490/1 | €1,501 | €986 | -€515 | -34.3% |
| Total equity and liabilities | 10/49 | €485,089 | €410,252 | -€74,837 | -15.4% |
| Equity | 10/15 | €129,422 | €142,970 | +€13,548 | +10.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,362 | €134,910 | +€13,548 | +11.2% |
| Amounts payable | 17/49 | €355,667 | €267,282 | -€88,385 | -24.9% |
| Amounts payable after more than one year | 17 | €102,363 | €67,219 | -€35,143 | -34.3% |
| Financial debts | 170/4 | €102,363 | €67,219 | -€35,143 | -34.3% |
| Amounts payable within one year | 42/48 | €253,304 | €200,062 | -€53,242 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €44,109 | €45,143 | +€1,034 | +2.3% |
| Financial debts | 43 | - | €5 | +€5 | |
| Credit institutions | 430/8 | - | €5 | +€5 | |
| Trade debts | 44 | €168,305 | €114,309 | -€53,996 | -32.1% |
| Suppliers | 440/4 | €168,305 | €114,309 | -€53,996 | -32.1% |
| Taxes, remuneration and social security | 45 | €28,509 | €29,065 | +€555 | +1.9% |
| Taxes | 450/3 | €3,915 | €6,007 | +€2,092 | +53.4% |
| Remuneration and social security | 454/9 | €24,594 | €23,057 | -€1,537 | -6.2% |
| Other amounts payable | 47/48 | €12,380 | €11,540 | -€840 | -6.8% |
| Remuneration, social security and pensions | 62 | €144,324 | €156,794 | +€12,470 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,507 | €16,047 | +€541 | +3.5% |
| Other operating charges | 640/8 | €2,350 | €2,688 | +€338 | +14.4% |
| Gross operating margin | 9900 | €219,228 | €205,899 | -€13,329 | -6.1% |
| Operating profit (loss) | 9901 | €57,047 | €30,369 | -€26,678 | -46.8% |
| Financial income | 75/76B | €1,495 | €2,228 | +€733 | +49.1% |
| Recurring financial income | 75 | €1,495 | €2,228 | +€733 | +49.1% |
| Financial charges | 65/66B | €9,333 | €13,488 | +€4,155 | +44.5% |
| Recurring financial charges | 65 | €9,333 | €13,488 | +€4,155 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | €49,209 | €19,109 | -€30,099 | -61.2% |
| Income taxes | 67/77 | €23,292 | €5,562 | -€17,730 | -76.1% |
| Profit (loss) for the period | 9904 | €25,917 | €13,548 | -€12,369 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,917 | €13,548 | -€12,369 | -47.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.