TRADERO: 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.
TRADERO
Largest movements
- Tangible fixed assets +€724,991
new in 2025: €724,991
- Receivables within one year +€448,919
up €448,919 (+117.1%), from €383,256 to €832,175
of which Trade receivables: +€447,210
- Current investments -€350,000
down €350,000 (-100.0%), from €350,000 to €0
- Cash +€31,275
up €31,275 (+76.2%), from €41,038 to €72,313
mainly Net result for the year (+€520,352) and Current investments (+€350,000)
- Reserves +€519,493
up €519,493 (+124.3%), from €417,941 to €937,433
of which Distributable reserves: +€519,493
- Other debts +€146,480
up €146,480 (+66.8%), from €219,312 to €365,792
- Trade debts +€116,343
up €116,343 (+923.9%), from €12,593 to €128,936
- Tax, wage and social debts +€84,579
up €84,579 (+97.7%), from €86,586 to €171,165
of which Taxes: +€79,861
- Gross operating margin +€481,406
up €481,406 (+149.5%), from €322,017 to €803,423
- Depreciation +€97,982
new in 2025: €97,982
- Taxes +€93,141
up €93,141 (+108.6%), from €85,768 to €178,909
- Financial income -€8,755
down €8,755 (-48.1%), from €18,186 to €9,430
- Financial charges -€8,423
down €8,423 (-36.7%), from €22,965 to €14,543
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 | €774,294 | €1,629,749 | +€855,455 | +110.5% |
| Fixed assets | 21/28 | - | €724,991 | +€724,991 | |
| Tangible fixed assets | 22/27 | - | €724,991 | +€724,991 | |
| Land and buildings | 22 | - | €724,991 | +€724,991 | |
| Current assets | 29/58 | €774,294 | €904,758 | +€130,463 | +16.8% |
| Amounts receivable within one year | 40/41 | €383,256 | €832,175 | +€448,919 | +117.1% |
| Trade receivables | 40 | €382,710 | €829,920 | +€447,210 | +116.9% |
| Other amounts receivable | 41 | €546 | €2,255 | +€1,709 | +313.0% |
| Current investments | 50/53 | €350,000 | €0 | -€350,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €41,038 | €72,313 | +€31,275 | +76.2% |
| Deferred charges and accrued income | 490/1 | - | €270 | +€270 | |
| Total equity and liabilities | 10/49 | €774,294 | €1,629,749 | +€855,455 | +110.5% |
| Equity | 10/15 | €436,541 | €956,033 | +€519,493 | +119.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €417,941 | €937,433 | +€519,493 | +124.3% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €416,041 | €935,533 | +€519,493 | +124.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €337,753 | €673,715 | +€335,962 | +99.5% |
| Amounts payable within one year | 42/48 | €318,491 | €665,893 | +€347,402 | +109.1% |
| Trade debts | 44 | €12,593 | €128,936 | +€116,343 | +923.9% |
| Suppliers | 440/4 | €12,593 | €128,936 | +€116,343 | +923.9% |
| Taxes, remuneration and social security | 45 | €86,586 | €171,165 | +€84,579 | +97.7% |
| Taxes | 450/3 | €86,586 | €166,448 | +€79,861 | +92.2% |
| Remuneration and social security | 454/9 | - | €4,718 | +€4,718 | |
| Other amounts payable | 47/48 | €219,312 | €365,792 | +€146,480 | +66.8% |
| Accrued charges and deferred income | 492/3 | €19,262 | €7,822 | -€11,440 | -59.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €97,982 | +€97,982 | |
| Other operating charges | 640/8 | €709 | €1,068 | +€359 | +50.6% |
| Gross operating margin | 9900 | €322,017 | €803,423 | +€481,406 | +149.5% |
| Operating profit (loss) | 9901 | €321,308 | €704,373 | +€383,065 | +119.2% |
| Financial income | 75/76B | €18,186 | €9,430 | -€8,755 | -48.1% |
| Recurring financial income | 75 | €18,186 | €9,430 | -€8,755 | -48.1% |
| Financial charges | 65/66B | €22,965 | €14,543 | -€8,423 | -36.7% |
| Recurring financial charges | 65 | €22,965 | €14,543 | -€8,423 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €316,528 | €699,261 | +€382,732 | +120.9% |
| Income taxes | 67/77 | €85,768 | €178,909 | +€93,141 | +108.6% |
| Profit (loss) for the period | 9904 | €230,761 | €520,352 | +€289,591 | +125.5% |
| Profit (loss) for the period to be appropriated | 9905 | €230,761 | €520,352 | +€289,591 | +125.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.