TRADI: 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.
TRADI
Largest movements
- Deferred charges and accrued income +€7,118
up €7,118 (+949.1%), from €750 to €7,868
- Tangible fixed assets -€6,045
down €6,045 (-15.2%), from €39,829 to €33,784
of which Furniture and vehicles: -€7,188
- Intangible fixed assets -€5,000
down €5,000 (-51.2%), from €9,767 to €4,767
- Cash +€2,876
up €2,876 (+2.4%), from €121,466 to €124,342
mainly Net result for the year (+€149,732) and Other debts (+€146,426)
- Reserves -€153,209
down €153,209 (-96.2%), from €159,340 to €6,131
- Other debts +€146,426
up €146,426 (+3269.6%), from €4,478 to €150,904
- Tax, wage and social debts +€5,238
up €5,238 (+170.5%), from €3,071 to €8,309
- Gross operating margin +€7,974
up €7,974 (+3.7%), from €213,003 to €220,977
- Taxes +€3,813
up €3,813 (+7.6%), from €49,996 to €53,808
- Depreciation -€2,753
down €2,753 (-14.9%), from €18,422 to €15,669
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 | €174,311 | €171,761 | -€2,551 | -1.5% |
| Fixed assets | 21/28 | €49,596 | €38,551 | -€11,045 | -22.3% |
| Intangible fixed assets | 21 | €9,767 | €4,767 | -€5,000 | -51.2% |
| Tangible fixed assets | 22/27 | €39,829 | €33,784 | -€6,045 | -15.2% |
| Plant, machinery and equipment | 23 | €7,465 | €5,799 | -€1,666 | -22.3% |
| Furniture and vehicles | 24 | €32,364 | €25,175 | -€7,188 | -22.2% |
| Other tangible fixed assets | 26 | - | €2,810 | +€2,810 | |
| Current assets | 29/58 | €124,716 | €133,210 | +€8,494 | +6.8% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,500 | - | -€1,500 | |
| Trade receivables | 40 | €1,500 | - | -€1,500 | |
| Cash at bank and in hand | 54/58 | €121,466 | €124,342 | +€2,876 | +2.4% |
| Deferred charges and accrued income | 490/1 | €750 | €7,868 | +€7,118 | +949.1% |
| Total equity and liabilities | 10/49 | €174,311 | €171,761 | -€2,551 | -1.5% |
| Equity | 10/15 | €164,340 | €11,131 | -€153,209 | -93.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €159,340 | €6,131 | -€153,209 | -96.2% |
| Distributable reserves | 133 | €159,340 | €6,131 | -€153,209 | -96.2% |
| Amounts payable | 17/49 | €9,972 | €160,630 | +€150,658 | +1510.8% |
| Amounts payable within one year | 42/48 | €9,972 | €160,630 | +€150,658 | +1510.8% |
| Trade debts | 44 | €2,422 | €1,417 | -€1,005 | -41.5% |
| Suppliers | 440/4 | €2,422 | €1,417 | -€1,005 | -41.5% |
| Taxes, remuneration and social security | 45 | €3,071 | €8,309 | +€5,238 | +170.5% |
| Taxes | 450/3 | €3,071 | €8,309 | +€5,238 | +170.5% |
| Other amounts payable | 47/48 | €4,478 | €150,904 | +€146,426 | +3269.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,422 | €15,669 | -€2,753 | -14.9% |
| Other operating charges | 640/8 | €1,709 | €1,698 | -€10 | -0.6% |
| Gross operating margin | 9900 | €213,003 | €220,977 | +€7,974 | +3.7% |
| Operating profit (loss) | 9901 | €192,872 | €203,610 | +€10,738 | +5.6% |
| Financial charges | 65/66B | €83 | €69 | -€14 | -16.9% |
| Recurring financial charges | 65 | €83 | €69 | -€14 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €192,789 | €203,541 | +€10,752 | +5.6% |
| Income taxes | 67/77 | €49,996 | €53,808 | +€3,813 | +7.6% |
| Profit (loss) for the period | 9904 | €142,793 | €149,732 | +€6,939 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €142,793 | €149,732 | +€6,939 | +4.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.