TRADIBO: what changed
Two fiscal 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.
TRADIBO
Largest movements
- Receivables within one year +€235,406
up €235,406 (+63.7%), from €369,630 to €605,036
of which Trade receivables: +€278,429
- Cash -€196,003
down €196,003 (-52.0%), from €377,034 to €181,032
mainly Short-term financial debts (-€275,509) and Receivables within one year (-€235,406)
- Stocks and contracts -€171,449
down €171,449 (-9.0%), from €1.9m to €1.7m
of which Contracts in progress: -€745,353
- Tangible fixed assets -€47,700
down €47,700 (-25.3%), from €188,811 to €141,111
of which Furniture and vehicles: -€24,452
- Short-term financial debts -€275,509
down €275,509 (-47.9%), from €575,509 to €300,000
- Trade debts +€148,287
up €148,287 (+17.9%), from €830,262 to €978,550
- Debts after one year -€115,998
down €115,998 (-48.0%), from €241,423 to €125,425
- Tax, wage and social debts +€61,229
up €61,229 (+87.8%), from €69,766 to €130,995
of which Taxes: +€50,762
- Other debts +€30,398
up €30,398 (+16.2%), from €187,383 to €217,781
- Gross operating margin +€176,371
up €176,371 (+16.8%), from €1.1m to €1.2m
- Staff costs +€100,972
up €100,972 (+15.1%), from €670,703 to €771,674
- Taxes +€46,097
up €46,097 (+118.6%), from €38,853 to €84,950
- Write-downs -€40,655
down €40,655 (-87.9%), from €46,263 to €5,608
- Financial income -€18,212
down €18,212 (-95.3%), from €19,118 to €906
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 | €2,862,776 | €2,685,930 | -€176,846 | -6.2% |
| Fixed assets | 21/28 | €196,355 | €147,285 | -€49,070 | -25.0% |
| Intangible fixed assets | 21 | €1,043 | - | -€1,043 | |
| Tangible fixed assets | 22/27 | €188,811 | €141,111 | -€47,700 | -25.3% |
| Plant, machinery and equipment | 23 | €26,762 | €16,458 | -€10,304 | -38.5% |
| Furniture and vehicles | 24 | €87,233 | €62,781 | -€24,452 | -28.0% |
| Other tangible fixed assets | 26 | €74,817 | €61,872 | -€12,944 | -17.3% |
| Financial fixed assets | 28 | €6,500 | €6,174 | -€326 | -5.0% |
| Current assets | 29/58 | €2,666,421 | €2,538,645 | -€127,776 | -4.8% |
| Stocks and contracts in progress | 3 | €1,908,105 | €1,736,656 | -€171,449 | -9.0% |
| Stocks | 30/36 | €54,571 | €628,475 | +€573,904 | +1051.7% |
| Contracts in progress | 37 | €1,853,533 | €1,108,180 | -€745,353 | -40.2% |
| Amounts receivable within one year | 40/41 | €369,630 | €605,036 | +€235,406 | +63.7% |
| Trade receivables | 40 | €324,108 | €602,536 | +€278,429 | +85.9% |
| Other amounts receivable | 41 | €45,523 | €2,500 | -€43,023 | -94.5% |
| Cash at bank and in hand | 54/58 | €377,034 | €181,032 | -€196,003 | -52.0% |
| Deferred charges and accrued income | 490/1 | €11,652 | €15,922 | +€4,270 | +36.6% |
| Total equity and liabilities | 10/49 | €2,862,776 | €2,685,930 | -€176,846 | -6.2% |
| Equity | 10/15 | €817,181 | €817,181 | = | 0.0% |
| Contributions | 10/11 | €63,213 | €63,213 | = | 0.0% |
| Reserves | 13 | €169,997 | €169,997 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,025 | €14,025 | = | 0.0% |
| Distributable reserves | 133 | €155,972 | €155,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | €583,972 | €583,972 | = | 0.0% |
| Amounts payable | 17/49 | €2,045,595 | €1,868,749 | -€176,846 | -8.6% |
| Amounts payable after more than one year | 17 | €241,423 | €125,425 | -€115,998 | -48.0% |
| Financial debts | 170/4 | €241,423 | €125,425 | -€115,998 | -48.0% |
| Amounts payable within one year | 42/48 | €1,804,172 | €1,743,324 | -€60,848 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €141,251 | €115,998 | -€25,253 | -17.9% |
| Financial debts | 43 | €575,509 | €300,000 | -€275,509 | -47.9% |
| Credit institutions | 430/8 | €575,509 | €300,000 | -€275,509 | -47.9% |
| Trade debts | 44 | €830,262 | €978,550 | +€148,287 | +17.9% |
| Suppliers | 440/4 | €830,262 | €978,550 | +€148,287 | +17.9% |
| Taxes, remuneration and social security | 45 | €69,766 | €130,995 | +€61,229 | +87.8% |
| Taxes | 450/3 | €42,911 | €93,672 | +€50,762 | +118.3% |
| Remuneration and social security | 454/9 | €26,855 | €37,323 | +€10,467 | +39.0% |
| Other amounts payable | 47/48 | €187,383 | €217,781 | +€30,398 | +16.2% |
| Non-recurring operating income | 76A | €19,761 | €989 | -€18,773 | -95.0% |
| Remuneration, social security and pensions | 62 | €670,703 | €771,674 | +€100,972 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,377 | €49,953 | +€1,576 | +3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €46,263 | €5,608 | -€40,655 | -87.9% |
| Other operating charges | 640/8 | €2,206 | €1,853 | -€353 | -16.0% |
| Non-recurring operating charges | 66A | €47,681 | €371 | -€47,310 | -99.2% |
| Gross operating margin | 9900 | €1,050,188 | €1,226,559 | +€176,371 | +16.8% |
| Operating profit (loss) | 9901 | €234,959 | €397,100 | +€162,141 | +69.0% |
| Financial income | 75/76B | €19,118 | €906 | -€18,212 | -95.3% |
| Recurring financial income | 75 | €19,118 | €906 | -€18,212 | -95.3% |
| Financial charges | 65/66B | €106,023 | €95,736 | -€10,287 | -9.7% |
| Recurring financial charges | 65 | €106,023 | €95,736 | -€10,287 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €148,054 | €302,270 | +€154,216 | +104.2% |
| Income taxes | 67/77 | €38,853 | €84,950 | +€46,097 | +118.6% |
| Profit (loss) for the period | 9904 | €109,201 | €217,320 | +€108,119 | +99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €109,201 | €217,320 | +€108,119 | +99.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.