TRADENDA: 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.
TRADENDA
Largest movements
- Cash +€8,849
up €8,849 (+14621.1%), from €61 to €8,909
mainly Debts after one year (+€37,114) and Depreciation (+€8,194)
- Intangible fixed assets -€5,266
down €5,266 (-64.7%), from €8,141 to €2,875
- Deferred charges and accrued income +€4,239
up €4,239 (+1541.3%), from €275 to €4,514
- Debts after one year +€37,114
up €37,114 (+1196.4%), from €3,102 to €40,216
- Profit (loss) carried forward -€25,259
down €25,259 (-120.9%), from -€20,892 to -€46,151
- Trade debts -€11,194
down €11,194 (-23.0%), from €48,747 to €37,553
- Current portion of long-term debt +€6,769
up €6,769 (+43.5%), from €15,554 to €22,323
- Tax, wage and social debts -€5,328
down €5,328 (-39.1%), from €13,623 to €8,296
- Gross operating margin -€29,251
down €29,251, from €27,393 to -€1,858
- Financial income -€7,278
down €7,278 (-93.9%), from €7,753 to €475
of which Financial income: -€6,623
- Other operating charges +€3,020
up €3,020 (+120.9%), from €2,498 to €5,518
- Depreciation -€2,762
down €2,762 (-25.2%), from €10,956 to €8,194
- Taxes +€1,262
up €1,262 (+202.7%), from €623 to €1,884
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,847 | €101,097 | +€8,249 | +8.9% |
| Fixed assets | 21/28 | €22,890 | €18,129 | -€4,761 | -20.8% |
| Intangible fixed assets | 21 | €8,141 | €2,875 | -€5,266 | -64.7% |
| Tangible fixed assets | 22/27 | €11,105 | €11,610 | +€505 | +4.5% |
| Plant, machinery and equipment | 23 | €3,441 | €2,889 | -€552 | -16.0% |
| Furniture and vehicles | 24 | €7,663 | €8,720 | +€1,057 | +13.8% |
| Financial fixed assets | 28 | €3,645 | €3,645 | = | 0.0% |
| Current assets | 29/58 | €69,957 | €82,967 | +€13,010 | +18.6% |
| Amounts receivable within one year | 40/41 | €69,622 | €69,545 | -€77 | -0.1% |
| Trade receivables | 40 | €62,173 | €68,469 | +€6,295 | +10.1% |
| Other amounts receivable | 41 | €7,448 | €1,076 | -€6,372 | -85.6% |
| Cash at bank and in hand | 54/58 | €61 | €8,909 | +€8,849 | +14621.1% |
| Deferred charges and accrued income | 490/1 | €275 | €4,514 | +€4,239 | +1541.3% |
| Total equity and liabilities | 10/49 | €92,847 | €101,097 | +€8,249 | +8.9% |
| Equity | 10/15 | -€2,292 | -€27,551 | -€25,259 | -1102.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,892 | -€46,151 | -€25,259 | -120.9% |
| Amounts payable | 17/49 | €95,139 | €128,648 | +€33,508 | +35.2% |
| Amounts payable after more than one year | 17 | €3,102 | €40,216 | +€37,114 | +1196.4% |
| Financial debts | 170/4 | €3,102 | €40,216 | +€37,114 | +1196.4% |
| Amounts payable within one year | 42/48 | €92,037 | €88,432 | -€3,605 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €15,554 | €22,323 | +€6,769 | +43.5% |
| Financial debts | 43 | €4,020 | €7,486 | +€3,465 | +86.2% |
| Credit institutions | 430/8 | €4,020 | €7,486 | +€3,465 | +86.2% |
| Trade debts | 44 | €48,747 | €37,553 | -€11,194 | -23.0% |
| Suppliers | 440/4 | €48,747 | €37,553 | -€11,194 | -23.0% |
| Advances received on contracts in progress | 46 | €10,093 | €8,860 | -€1,233 | -12.2% |
| Taxes, remuneration and social security | 45 | €13,623 | €8,296 | -€5,328 | -39.1% |
| Taxes | 450/3 | €13,623 | €8,296 | -€5,328 | -39.1% |
| Other amounts payable | 47/48 | - | €3,915 | +€3,915 | |
| Remuneration, social security and pensions | 62 | €2,303 | €1,859 | -€445 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,956 | €8,194 | -€2,762 | -25.2% |
| Other operating charges | 640/8 | €2,498 | €5,518 | +€3,020 | +120.9% |
| Non-recurring operating charges | 66A | - | €1,035 | +€1,035 | |
| Gross operating margin | 9900 | €27,393 | -€1,858 | -€29,251 | |
| Operating profit (loss) | 9901 | €11,635 | -€18,464 | -€30,099 | |
| Financial income | 75/76B | €7,753 | €475 | -€7,278 | -93.9% |
| Recurring financial income | 75 | €7,099 | €475 | -€6,623 | -93.3% |
| Non-recurring financial income | 76B | €655 | - | -€655 | |
| Financial charges | 65/66B | €4,727 | €5,386 | +€659 | +13.9% |
| Recurring financial charges | 65 | €4,582 | €5,386 | +€804 | +17.5% |
| Non-recurring financial charges | 66B | €145 | - | -€145 | |
| Profit (loss) for the period before taxes | 9903 | €14,662 | -€23,375 | -€38,037 | |
| Income taxes | 67/77 | €623 | €1,884 | +€1,262 | +202.7% |
| Profit (loss) for the period | 9904 | €14,040 | -€25,259 | -€39,298 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,040 | -€25,259 | -€39,298 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.