TRADINNOVE: 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.
TRADINNOVE
Largest movements
- Cash -€6,029
down €6,029 (-61.6%), from €9,790 to €3,761
mainly Tax, wage and social debts (-€3,760) and Receivables within one year (-€3,131)
- Intangible fixed assets -€3,273
down €3,273 (-21.9%), from €14,920 to €11,647
- Receivables within one year +€3,131
up €3,131 (+11.1%), from €28,172 to €31,303
of which Trade receivables: +€1,625
- Tangible fixed assets -€2,782
down €2,782 (-62.7%), from €4,434 to €1,652
of which Plant, machinery and equipment: -€2,459
- Stocks and contracts +€1,263
up €1,263 (+68.0%), from €1,857 to €3,120
- Tax, wage and social debts -€3,760
down €3,760 (-45.0%), from €8,362 to €4,603
of which Remuneration and social security: -€6,321
- Debts after one year -€2,820
down €2,820 (-40.9%), from €6,887 to €4,067
- Profit (loss) carried forward -€2,161
down €2,161 (-19.8%), from €10,932 to €8,771
- Trade debts +€1,363
up €1,363 (+44.0%), from €3,100 to €4,463
- Gross operating margin -€46,276
down €46,276 (-60.1%), from €77,061 to €30,785
- Staff costs -€42,011
down €42,011 (-64.2%), from €65,484 to €23,473
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 | €61,148 | €53,258 | -€7,891 | -12.9% |
| Fixed assets | 21/28 | €19,354 | €13,299 | -€6,055 | -31.3% |
| Intangible fixed assets | 21 | €14,920 | €11,647 | -€3,273 | -21.9% |
| Tangible fixed assets | 22/27 | €4,434 | €1,652 | -€2,782 | -62.7% |
| Plant, machinery and equipment | 23 | €3,822 | €1,363 | -€2,459 | -64.3% |
| Furniture and vehicles | 24 | €611 | €289 | -€323 | -52.8% |
| Current assets | 29/58 | €41,794 | €39,958 | -€1,836 | -4.4% |
| Stocks and contracts in progress | 3 | €1,857 | €3,120 | +€1,263 | +68.0% |
| Stocks | 30/36 | €1,857 | €3,120 | +€1,263 | +68.0% |
| Amounts receivable within one year | 40/41 | €28,172 | €31,303 | +€3,131 | +11.1% |
| Trade receivables | 40 | €1,654 | €3,279 | +€1,625 | +98.2% |
| Other amounts receivable | 41 | €26,518 | €28,024 | +€1,506 | +5.7% |
| Cash at bank and in hand | 54/58 | €9,790 | €3,761 | -€6,029 | -61.6% |
| Deferred charges and accrued income | 490/1 | €1,975 | €1,774 | -€202 | -10.2% |
| Total equity and liabilities | 10/49 | €61,148 | €53,258 | -€7,891 | -12.9% |
| Equity | 10/15 | €12,132 | €9,971 | -€2,161 | -17.8% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,932 | €8,771 | -€2,161 | -19.8% |
| Amounts payable | 17/49 | €49,016 | €43,286 | -€5,730 | -11.7% |
| Amounts payable after more than one year | 17 | €6,887 | €4,067 | -€2,820 | -40.9% |
| Financial debts | 170/4 | €6,887 | €4,067 | -€2,820 | -40.9% |
| Amounts payable within one year | 42/48 | €34,967 | €32,613 | -€2,355 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €2,778 | €2,820 | +€42 | +1.5% |
| Financial debts | 43 | €15,000 | €15,000 | = | 0.0% |
| Credit institutions | 430/8 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €3,100 | €4,463 | +€1,363 | +44.0% |
| Suppliers | 440/4 | €3,100 | €4,463 | +€1,363 | +44.0% |
| Taxes, remuneration and social security | 45 | €8,362 | €4,603 | -€3,760 | -45.0% |
| Taxes | 450/3 | €588 | €3,149 | +€2,561 | +436% |
| Remuneration and social security | 454/9 | €7,774 | €1,453 | -€6,321 | -81.3% |
| Other amounts payable | 47/48 | €5,727 | €5,727 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €7,162 | €6,607 | -€555 | -7.8% |
| Remuneration, social security and pensions | 62 | €65,484 | €23,473 | -€42,011 | -64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,331 | €6,055 | -€277 | -4.4% |
| Other operating charges | 640/8 | €849 | €1,462 | +€613 | +72.2% |
| Gross operating margin | 9900 | €77,061 | €30,785 | -€46,276 | -60.1% |
| Operating profit (loss) | 9901 | €4,397 | -€204 | -€4,601 | |
| Financial income | 75/76B | €1,602 | €1,422 | -€180 | -11.2% |
| Recurring financial income | 75 | €1,602 | €1,422 | -€180 | -11.2% |
| Financial charges | 65/66B | €3,217 | €3,203 | -€14 | -0.4% |
| Recurring financial charges | 65 | €3,217 | €3,203 | -€14 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €2,783 | -€1,985 | -€4,768 | |
| Income taxes | 67/77 | €308 | €176 | -€132 | -42.8% |
| Profit (loss) for the period | 9904 | €2,475 | -€2,161 | -€4,636 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,475 | -€2,161 | -€4,636 |
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 30 October 2026 via checked.be.