TRADEMET: 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.
What changed
TRADEMET
NACE 46.820, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€150,690
2024 · €157,539-€308,228
Equity
€13.0m
2024 · €13.2m-€150,690
Cash
€59,530
2024 · €1,008+€58,522
Balance sheet total
€20.3m
2024 · €22.0m-€1.6m
Largest movements
Assets
- Stocks and contracts -€927,111
down €927,111 (-4.8%), from €19.3m to €18.4m
- Receivables within one year -€794,991
down €794,991 (-31.6%), from €2.5m to €1.7m
of which Trade receivables: -€794,062
Equity and liabilities
- Accrued charges and deferred income -€1.1m
down €1.1m (-99.6%), from €1.1m to €4,627
- Short-term financial debts -€537,806
down €537,806 (-16.6%), from €3.2m to €2.7m
Income statement
- Goods and materials -€8.8m
down €8.8m (-45.0%), from €19.6m to €10.8m
of which Purchases: -€7.8m
- Turnover -€8.4m
down €8.4m (-40.1%), from €20.9m to €12.5m
- Financial charges +€3.3m
up €3.3m (+655.4%), from €503,934 to €3.8m
- Financial income +€2.4m
up €2.4m (+3514.6%), from €67,042 to €2.4m
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.
Result 2024
€157,539
Turnover
-€8.4m
Other operating income
-€3,302
Goods and materials
+€8.8m
Services and other goods
+€117,692
Staff costs
-€4,540
Depreciation
+€354
Other operating charges
+€1,050
Other operating items
+€25,688
Financial income
+€2.4m
Financial charges
-€3.3m
Taxes
+€60,180
Result 2025
-€150,690
Cash bridge derived
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.
From operations
+€656,847
Investment
-€60,519
Financing
-€537,806
Cash 2024
€1,008
From operations (derived)
+€656,847
Net result for the year
-€150,690
Depreciation
+€12,480
Stocks and contracts
+€927,111
Receivables within one year
+€794,991
Deferred charges and accrued income
-€13
Trade debts
+€202,476
Tax, wage and social debts
+€4,749
Other debts
-€22,447
Accrued charges and deferred income
-€1.1m
Investment (derived)
-€60,519
Investment in fixed assets (net)
-€60,519
Financing
-€537,806
Short-term financial debts
-€537,806
Cash 2025
€59,530
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,958,631 | €20,343,103 | -€1.6m | -7.4% |
| Fixed assets | 21/28 | €99,734 | €147,773 | +€48,039 | +48.2% |
| Tangible fixed assets | 22/27 | €22,347 | €9,867 | -€12,480 | -55.8% |
| Furniture and vehicles | 24 | €22,347 | €9,867 | -€12,480 | -55.8% |
| Financial fixed assets | 28 | €77,387 | €137,906 | +€60,519 | +78.2% |
| Other financial fixed assets | 284/8 | €77,387 | €137,906 | +€60,519 | +78.2% |
| Amounts receivable and cash guarantees | 285/8 | €77,387 | €137,906 | +€60,519 | +78.2% |
| Current assets | 29/58 | €21,858,896 | €20,195,330 | -€1.7m | -7.6% |
| Stocks and contracts in progress | 3 | €19,342,389 | €18,415,278 | -€927,111 | -4.8% |
| Stocks | 30/36 | €19,342,389 | €18,415,278 | -€927,111 | -4.8% |
| Goods purchased for resale | 34 | €5,385,504 | €14,406,768 | +€9.0m | +167.5% |
| Advance payments | 36 | €13,956,885 | €4,008,511 | -€9.9m | -71.3% |
| Amounts receivable within one year | 40/41 | €2,514,077 | €1,719,086 | -€794,991 | -31.6% |
| Trade receivables | 40 | €2,511,353 | €1,717,291 | -€794,062 | -31.6% |
| Other amounts receivable | 41 | €2,724 | €1,795 | -€929 | -34.1% |
| Cash at bank and in hand | 54/58 | €1,008 | €59,530 | +€58,522 | +5804.9% |
| Deferred charges and accrued income | 490/1 | €1,422 | €1,436 | +€13 | +0.9% |
| Total equity and liabilities | 10/49 | €21,958,631 | €20,343,103 | -€1.6m | -7.4% |
| Equity | 10/15 | €13,155,878 | €13,005,189 | -€150,690 | -1.1% |
| Contributions | 10/11 | €619,734 | €619,734 | = | 0.0% |
| Capital | 10 | €619,734 | €619,734 | = | 0.0% |
| Issued capital | 100 | €619,734 | €619,734 | = | 0.0% |
| Reserves | 13 | €211,973 | €211,973 | = | 0.0% |
| Non-distributable reserves | 130/1 | €61,973 | €61,973 | = | 0.0% |
| Legal reserve | 130 | €61,973 | €61,973 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,324,171 | €12,173,482 | -€150,690 | -1.2% |
| Amounts payable | 17/49 | €8,802,752 | €7,337,914 | -€1.5m | -16.6% |
| Amounts payable after more than one year | 17 | €3,400,000 | €3,400,000 | = | 0.0% |
| Other amounts payable | 178/9 | €3,400,000 | €3,400,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,286,315 | €3,933,287 | -€353,028 | -8.2% |
| Financial debts | 43 | €3,245,953 | €2,708,147 | -€537,806 | -16.6% |
| Credit institutions | 430/8 | €3,245,953 | €2,708,147 | -€537,806 | -16.6% |
| Trade debts | 44 | €14,104 | €216,580 | +€202,476 | +1435.5% |
| Suppliers | 440/4 | €14,104 | €216,580 | +€202,476 | +1435.5% |
| Taxes, remuneration and social security | 45 | €23,960 | €28,709 | +€4,749 | +19.8% |
| Taxes | 450/3 | €11,665 | €14,061 | +€2,396 | +20.5% |
| Remuneration and social security | 454/9 | €12,296 | €14,648 | +€2,353 | +19.1% |
| Other amounts payable | 47/48 | €1,002,298 | €979,850 | -€22,447 | -2.2% |
| Accrued charges and deferred income | 492/3 | €1,116,437 | €4,627 | -€1.1m | -99.6% |
| Operating income | 70/76A | €20,931,057 | €12,542,279 | -€8.4m | -40.1% |
| Turnover | 70 | €20,919,304 | €12,533,828 | -€8.4m | -40.1% |
| Other operating income | 74 | €11,753 | €8,451 | -€3,302 | -28.1% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Operating charges | 60/66A | €20,276,446 | €11,309,362 | -€9.0m | -44.2% |
| Goods for resale, raw materials and consumables | 60 | €19,635,565 | €10,808,726 | -€8.8m | -45.0% |
| Purchases | 600/8 | €20,070,062 | €12,265,840 | -€7.8m | -38.9% |
| Change in stocks: decrease (increase) | 609 | -€434,497 | -€1,457,114 | -€1.0m | -235.4% |
| Services and other goods | 61 | €519,930 | €402,239 | -€117,692 | -22.6% |
| Remuneration, social security and pensions | 62 | €79,768 | €84,307 | +€4,540 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,833 | €12,480 | -€354 | -2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,661 | €1,611 | -€1,050 | -39.5% |
| Non-recurring operating charges | 66A | €25,688 | €0 | -€25,688 | -100.0% |
| Operating profit (loss) | 9901 | €654,611 | €1,232,917 | +€578,306 | +88.3% |
| Financial income | 75/76B | €67,042 | €2,423,304 | +€2.4m | +3514.6% |
| Recurring financial income | 75 | €67,042 | €2,423,304 | +€2.4m | +3514.6% |
| Other financial income | 752/9 | €67,042 | €2,423,304 | +€2.4m | +3514.6% |
| Financial charges | 65/66B | €503,934 | €3,806,910 | +€3.3m | +655.4% |
| Recurring financial charges | 65 | €503,934 | €3,806,910 | +€3.3m | +655.4% |
| Debt charges | 650 | €360,147 | €197,942 | -€162,205 | -45.0% |
| Other financial charges | 652/9 | €143,786 | €3,608,968 | +€3.5m | +2410.0% |
| Profit (loss) for the period before taxes | 9903 | €217,719 | -€150,690 | -€368,409 | |
| Income taxes | 67/77 | €60,180 | - | -€60,180 | |
| Taxes | 670/3 | €60,180 | - | -€60,180 | |
| Profit (loss) for the period | 9904 | €157,539 | -€150,690 | -€308,228 | |
| Profit (loss) for the period to be appropriated | 9905 | €157,539 | -€150,690 | -€308,228 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.