TRADER AND TRADE SERVICES: what changed
TRADER AND TRADE SERVICES
Largest movements
- Cash +€19,822
up €19,822 (+281%), from €7,054 to €26,876
mainly Net result for the year (+€16,457) and Other debts (+€13,647)
- Stocks and contracts +€12,717
up €12,717 (+110%), from €11,533 to €24,250
- Receivables within one year +€10,228
up €10,228 (+49.4%), from €20,716 to €30,944
of which Trade receivables: +€21,687
- Tangible fixed assets -€2,581
down €2,581 (-25.5%), from €10,108 to €7,527
of which Furniture and vehicles: -€1,667
- Profit (loss) carried forward +€16,457
up €16,457 (+88.7%), from -€18,545 to -€2,088
- Other debts +€13,647
up €13,647 (+53.7%), from €25,402 to €39,049
- Trade debts +€7,955
up €7,955 (+28.4%), from €28,017 to €35,972
- Tax, wage and social debts +€2,128
up €2,128 (+77.8%), from €2,737 to €4,865
- Gross operating margin +€41,992
up €41,992, from -€16,899 to €25,094
- Other operating charges +€5,791
up €5,791 (+3,893%), from €149 to €5,940
- Financial charges -€648
down €648 (-83.6%), from €775 to €127
- Financial income -€618
down €618 (-98.2%), from €629 to €11
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,410 | €89,597 | +€40,186 | +81.3% |
| Fixed assets | 21/28 | €10,108 | €7,527 | -€2,581 | -25.5% |
| Tangible fixed assets | 22/27 | €10,108 | €7,527 | -€2,581 | -25.5% |
| Plant, machinery and equipment | 23 | €6,779 | €5,864 | -€915 | -13.5% |
| Furniture and vehicles | 24 | €3,329 | €1,662 | -€1,667 | -50.1% |
| Current assets | 29/58 | €39,302 | €82,070 | +€42,768 | +109% |
| Stocks and contracts in progress | 3 | €11,533 | €24,250 | +€12,717 | +110% |
| Stocks | 30/36 | €11,533 | €24,250 | +€12,717 | +110% |
| Amounts receivable within one year | 40/41 | €20,716 | €30,944 | +€10,228 | +49.4% |
| Trade receivables | 40 | €9,199 | €30,886 | +€21,687 | +236% |
| Other amounts receivable | 41 | €11,517 | €58 | -€11,459 | -99.5% |
| Cash at bank and in hand | 54/58 | €7,054 | €26,876 | +€19,822 | +281% |
| Total equity and liabilities | 10/49 | €49,410 | €89,597 | +€40,186 | +81.3% |
| Equity | 10/15 | -€6,746 | €9,711 | +€16,457 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,799 | €6,799 | = | 0.0% |
| Distributable reserves | 133 | €6,799 | €6,799 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,545 | -€2,088 | +€16,457 | +88.7% |
| Amounts payable | 17/49 | €56,156 | €79,886 | +€23,730 | +42.3% |
| Amounts payable within one year | 42/48 | €56,156 | €79,886 | +€23,730 | +42.3% |
| Trade debts | 44 | €28,017 | €35,972 | +€7,955 | +28.4% |
| Suppliers | 440/4 | €28,017 | €35,972 | +€7,955 | +28.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,737 | €4,865 | +€2,128 | +77.8% |
| Taxes | 450/3 | €2,737 | €4,865 | +€2,128 | +77.8% |
| Other amounts payable | 47/48 | €25,402 | €39,049 | +€13,647 | +53.7% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,581 | €2,581 | = | 0.0% |
| Other operating charges | 640/8 | €149 | €5,940 | +€5,791 | +3,893% |
| Gross operating margin | 9900 | -€16,899 | €25,094 | +€41,992 | |
| Operating profit (loss) | 9901 | -€19,629 | €16,572 | +€36,201 | |
| Financial income | 75/76B | €629 | €11 | -€618 | -98.2% |
| Recurring financial income | 75 | €629 | €11 | -€618 | -98.2% |
| Financial charges | 65/66B | €775 | €127 | -€648 | -83.6% |
| Recurring financial charges | 65 | €775 | €127 | -€648 | -83.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,775 | €16,457 | +€36,232 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€19,775 | €16,457 | +€36,232 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,775 | €16,457 | +€36,232 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.