TRADIBOUW: what changed
TRADIBOUW
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Receivables within one year -€64,795
down €64,795 (-64.5%), from €100,491 to €35,696
of which Trade receivables: -€62,238
- Tangible fixed assets -€23,525
down €23,525 (-37.3%), from €62,985 to €39,461
of which Furniture and vehicles: -€21,361
- Cash -€19,779
down €19,779 (-38.3%), from €51,595 to €31,816
mainly Current investments (-€100,000) and Net result for the year (-€13,323)
- Profit (loss) carried forward -€13,323
down €13,323 (-20.0%), from €66,632 to €53,308
- Trade debts +€5,782
up €5,782 (+3,208%), from €180 to €5,962
- Other debts -€2,949
down €2,949 (-48.2%), from €6,116 to €3,167
- Gross operating margin -€99,690
down €99,690 (-72.6%), from €137,366 to €37,677
- Staff costs -€91,967
down €91,967 (-79.2%), from €116,090 to €24,123
- Depreciation -€17,897
down €17,897 (-43.2%), from €41,422 to €23,525
- Financial charges +€1,774
up €1,774 (+771%), from €230 to €2,004
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 | €221,757 | €210,843 | -€10,914 | -4.9% |
| Fixed assets | 21/28 | €64,014 | €39,461 | -€24,553 | -38.4% |
| Tangible fixed assets | 22/27 | €62,985 | €39,461 | -€23,525 | -37.3% |
| Plant, machinery and equipment | 23 | €4,944 | €2,780 | -€2,164 | -43.8% |
| Furniture and vehicles | 24 | €58,041 | €36,681 | -€21,361 | -36.8% |
| Financial fixed assets | 28 | €1,028 | €0 | -€1,028 | -100% |
| Current assets | 29/58 | €157,743 | €171,383 | +€13,639 | +8.6% |
| Amounts receivable within one year | 40/41 | €100,491 | €35,696 | -€64,795 | -64.5% |
| Trade receivables | 40 | €85,720 | €23,482 | -€62,238 | -72.6% |
| Other amounts receivable | 41 | €14,770 | €12,214 | -€2,557 | -17.3% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €51,595 | €31,816 | -€19,779 | -38.3% |
| Deferred charges and accrued income | 490/1 | €5,658 | €3,871 | -€1,787 | -31.6% |
| Total equity and liabilities | 10/49 | €221,757 | €210,843 | -€10,914 | -4.9% |
| Equity | 10/15 | €211,860 | €198,537 | -€13,323 | -6.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €126,637 | €126,637 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €124,778 | €124,778 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,632 | €53,308 | -€13,323 | -20.0% |
| Amounts payable | 17/49 | €9,897 | €12,306 | +€2,409 | +24.3% |
| Amounts payable within one year | 42/48 | €7,831 | €10,239 | +€2,408 | +30.7% |
| Trade debts | 44 | €180 | €5,962 | +€5,782 | +3,208% |
| Suppliers | 440/4 | €180 | €5,962 | +€5,782 | +3,208% |
| Taxes, remuneration and social security | 45 | €1,534 | €1,110 | -€425 | -27.7% |
| Taxes | 450/3 | €0 | €1,001 | +€1,001 | |
| Remuneration and social security | 454/9 | €1,534 | €108 | -€1,426 | -92.9% |
| Other amounts payable | 47/48 | €6,116 | €3,167 | -€2,949 | -48.2% |
| Accrued charges and deferred income | 492/3 | €2,066 | €2,067 | +€1 | +0.1% |
| Remuneration, social security and pensions | 62 | €116,090 | €24,123 | -€91,967 | -79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,422 | €23,525 | -€17,897 | -43.2% |
| Other operating charges | 640/8 | €1,824 | €1,259 | -€566 | -31.0% |
| Gross operating margin | 9900 | €137,366 | €37,677 | -€99,690 | -72.6% |
| Operating profit (loss) | 9901 | -€21,970 | -€11,230 | +€10,740 | +48.9% |
| Financial income | 75/76B | €511 | €123 | -€388 | -75.9% |
| Recurring financial income | 75 | €511 | €123 | -€388 | -75.9% |
| Financial charges | 65/66B | €230 | €2,004 | +€1,774 | +771% |
| Recurring financial charges | 65 | €230 | €2,004 | +€1,774 | +771% |
| Profit (loss) for the period before taxes | 9903 | -€21,688 | -€13,110 | +€8,578 | +39.6% |
| Income taxes | 67/77 | €194 | €213 | +€19 | +9.8% |
| Profit (loss) for the period | 9904 | -€21,882 | -€13,323 | +€8,559 | +39.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,882 | -€13,323 | +€8,559 | +39.1% |
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 6 November 2026 via checked.be.