TRADIFEL: 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.
TRADIFEL
Largest movements
- Cash +€7,700
up €7,700 (+12.8%), from €60,141 to €67,841
mainly Net result for the year (+€5,855) and Depreciation (+€5,214)
- Tangible fixed assets -€3,867
down €3,867 (-63.8%), from €6,058 to €2,191
of which Furniture and vehicles: -€5,193
- Profit (loss) carried forward +€5,855
up €5,855 (+11.2%), from €52,426 to €58,281
- Current portion of long-term debt -€4,604
down €4,604 (-79.9%), from €5,764 to €1,160
- Tax, wage and social debts +€1,478
up €1,478 (+46.1%), from €3,206 to €4,685
of which Taxes: +€2,178
- Gross operating margin +€971
up €971 (+7.0%), from €13,810 to €14,781
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 | €71,309 | €74,976 | +€3,667 | +5.1% |
| Fixed assets | 21/28 | €6,058 | €2,191 | -€3,867 | -63.8% |
| Tangible fixed assets | 22/27 | €6,058 | €2,191 | -€3,867 | -63.8% |
| Plant, machinery and equipment | 23 | - | €1,325 | +€1,325 | |
| Furniture and vehicles | 24 | €6,058 | €865 | -€5,193 | -85.7% |
| Current assets | 29/58 | €65,251 | €72,786 | +€7,534 | +11.5% |
| Amounts receivable within one year | 40/41 | €5,110 | €4,944 | -€166 | -3.2% |
| Trade receivables | 40 | €5,110 | €4,944 | -€166 | -3.2% |
| Cash at bank and in hand | 54/58 | €60,141 | €67,841 | +€7,700 | +12.8% |
| Total equity and liabilities | 10/49 | €71,309 | €74,976 | +€3,667 | +5.1% |
| Equity | 10/15 | €60,486 | €66,341 | +€5,855 | +9.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,426 | €58,281 | +€5,855 | +11.2% |
| Amounts payable | 17/49 | €10,823 | €8,636 | -€2,188 | -20.2% |
| Amounts payable within one year | 42/48 | €9,300 | €6,583 | -€2,718 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €5,764 | €1,160 | -€4,604 | -79.9% |
| Trade debts | 44 | €62 | €697 | +€635 | +1,021% |
| Suppliers | 440/4 | €62 | €697 | +€635 | +1,021% |
| Taxes, remuneration and social security | 45 | €3,206 | €4,685 | +€1,478 | +46.1% |
| Taxes | 450/3 | €2,506 | €4,685 | +€2,178 | +86.9% |
| Remuneration and social security | 454/9 | €700 | - | -€700 | |
| Other amounts payable | 47/48 | €268 | €41 | -€227 | -84.9% |
| Accrued charges and deferred income | 492/3 | €1,523 | €2,053 | +€530 | +34.8% |
| Remuneration, social security and pensions | 62 | €19 | - | -€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,193 | €5,214 | +€21 | +0.4% |
| Other operating charges | 640/8 | €1,190 | €1,208 | +€18 | +1.5% |
| Gross operating margin | 9900 | €13,810 | €14,781 | +€971 | +7.0% |
| Operating profit (loss) | 9901 | €7,409 | €8,359 | +€950 | +12.8% |
| Financial charges | 65/66B | €199 | €168 | -€30 | -15.3% |
| Recurring financial charges | 65 | €199 | €168 | -€30 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €7,210 | €8,191 | +€981 | +13.6% |
| Income taxes | 67/77 | €2,349 | €2,336 | -€13 | -0.5% |
| Profit (loss) for the period | 9904 | €4,862 | €5,855 | +€993 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,862 | €5,855 | +€993 | +20.4% |
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 17 October 2026 via checked.be.