TRADERWORX: 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.
TRADERWORX
Largest movements
- Current investments +€360,000
new in 2025: €360,000
- Cash -€154,740
down €154,740 (-73.4%), from €210,875 to €56,135
mainly Current investments (-€360,000) and Receivables after one year (-€130,935)
- Financial fixed assets -€130,935
no longer reported in 2025 (was €130,935)
- Receivables after one year +€130,935
new in 2025: €130,935
- Tangible fixed assets -€8,904
down €8,904 (-4.8%), from €183,903 to €174,999
of which Furniture and vehicles: -€11,980
- Reserves +€255,424
up €255,424 (+69.2%), from €368,903 to €624,327
of which Distributable reserves: +€255,424
- Tax, wage and social debts -€29,056
down €29,056 (-66.3%), from €43,829 to €14,773
- Debts after one year -€18,523
down €18,523 (-15.8%), from €117,153 to €98,630
- Current portion of long-term debt -€9,569
down €9,569 (-34.1%), from €28,092 to €18,523
- Gross operating margin +€181,102
up €181,102 (+106%), from €170,439 to €351,541
- Taxes +€33,564
up €33,564 (+71.8%), from €46,763 to €80,327
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.
Derived cash bridge
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 | €580,868 | €785,134 | +€204,266 | +35.2% |
| Fixed assets | 21/28 | €314,838 | €174,999 | -€139,839 | -44.4% |
| Tangible fixed assets | 22/27 | €183,903 | €174,999 | -€8,904 | -4.8% |
| Land and buildings | 22 | €127,500 | €123,500 | -€4,000 | -3.1% |
| Plant, machinery and equipment | 23 | €1,752 | €1,389 | -€363 | -20.7% |
| Furniture and vehicles | 24 | €53,854 | €41,874 | -€11,980 | -22.2% |
| Other tangible fixed assets | 26 | €797 | €8,236 | +€7,439 | +933% |
| Financial fixed assets | 28 | €130,935 | - | -€130,935 | |
| Current assets | 29/58 | €266,030 | €610,135 | +€344,105 | +129% |
| Amounts receivable after more than one year | 29 | - | €130,935 | +€130,935 | |
| Other amounts receivable | 291 | - | €130,935 | +€130,935 | |
| Amounts receivable within one year | 40/41 | €55,155 | €58,113 | +€2,958 | +5.4% |
| Trade receivables | 40 | €14,216 | €46,053 | +€31,837 | +224% |
| Other amounts receivable | 41 | €40,939 | €12,059 | -€28,879 | -70.5% |
| Current investments | 50/53 | - | €360,000 | +€360,000 | |
| Cash at bank and in hand | 54/58 | €210,875 | €56,135 | -€154,740 | -73.4% |
| Deferred charges and accrued income | 490/1 | - | €4,951 | +€4,951 | |
| Total equity and liabilities | 10/49 | €580,868 | €785,134 | +€204,266 | +35.2% |
| Equity | 10/15 | €374,007 | €629,431 | +€255,424 | +68.3% |
| Contributions | 10/11 | €5,104 | €5,104 | = | 0.0% |
| Reserves | 13 | €368,903 | €624,327 | +€255,424 | +69.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €368,903 | €624,327 | +€255,424 | +69.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €206,861 | €155,703 | -€51,158 | -24.7% |
| Amounts payable after more than one year | 17 | €117,153 | €98,630 | -€18,523 | -15.8% |
| Financial debts | 170/4 | €117,153 | €98,630 | -€18,523 | -15.8% |
| Amounts payable within one year | 42/48 | €89,708 | €52,943 | -€36,765 | -41.0% |
| Current portion of amounts payable after more than one year | 42 | €28,092 | €18,523 | -€9,569 | -34.1% |
| Trade debts | 44 | €3,470 | €9,644 | +€6,173 | +178% |
| Suppliers | 440/4 | €3,470 | €9,644 | +€6,173 | +178% |
| Taxes, remuneration and social security | 45 | €43,829 | €14,773 | -€29,056 | -66.3% |
| Taxes | 450/3 | €43,829 | €14,773 | -€29,056 | -66.3% |
| Other amounts payable | 47/48 | €14,316 | €10,004 | -€4,313 | -30.1% |
| Accrued charges and deferred income | 492/3 | - | €4,129 | +€4,129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,691 | €18,778 | +€1,087 | +6.1% |
| Other operating charges | 640/8 | €2,244 | €2,515 | +€271 | +12.1% |
| Gross operating margin | 9900 | €170,439 | €351,541 | +€181,102 | +106% |
| Operating profit (loss) | 9901 | €150,504 | €330,248 | +€179,744 | +119% |
| Financial income | 75/76B | €7,496 | €8,749 | +€1,252 | +16.7% |
| Recurring financial income | 75 | €7,496 | €8,749 | +€1,252 | +16.7% |
| Financial charges | 65/66B | €4,452 | €3,246 | -€1,205 | -27.1% |
| Recurring financial charges | 65 | €4,452 | €3,246 | -€1,205 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €153,548 | €335,750 | +€182,202 | +119% |
| Income taxes | 67/77 | €46,763 | €80,327 | +€33,564 | +71.8% |
| Profit (loss) for the period | 9904 | €106,786 | €255,424 | +€148,638 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €106,786 | €255,424 | +€148,638 | +139% |
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 14 October 2026 via checked.be.