TRADITIO: 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.
TRADITIO
Largest movements
- Receivables within one year -€101,341
down €101,341 (-57.1%), from €177,530 to €76,190
of which Trade receivables: -€100,890
- Cash +€77,519
up €77,519 (+280.1%), from €27,671 to €105,190
mainly Receivables within one year (+€101,341) and Net result for the year (+€4,379)
- Tax, wage and social debts -€21,945
down €21,945 (-76.1%), from €28,834 to €6,889
of which Taxes: -€21,945
- Trade debts -€10,641
down €10,641 (-58.1%), from €18,316 to €7,675
- Other debts +€3,651
up €3,651 (+9.0%), from €40,411 to €44,062
- Profit (loss) carried forward +€3,579
up €3,579 (+11.6%), from €30,883 to €34,462
- Gross operating margin -€100,865
down €100,865 (-89.8%), from €112,357 to €11,492
- Taxes -€19,868
down €19,868 (-87.9%), from €22,591 to €2,723
- Other operating charges -€1,227
down €1,227 (-79.4%), from €1,546 to €319
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 | €208,904 | €183,548 | -€25,357 | -12.1% |
| Fixed assets | 21/28 | €3,241 | €1,984 | -€1,257 | -38.8% |
| Tangible fixed assets | 22/27 | €2,641 | €1,384 | -€1,257 | -47.6% |
| Plant, machinery and equipment | 23 | €444 | €71 | -€374 | -84.1% |
| Furniture and vehicles | 24 | €2,197 | €1,313 | -€884 | -40.2% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €205,663 | €181,564 | -€24,099 | -11.7% |
| Amounts receivable within one year | 40/41 | €177,530 | €76,190 | -€101,341 | -57.1% |
| Trade receivables | 40 | €177,079 | €76,190 | -€100,890 | -57.0% |
| Other amounts receivable | 41 | €451 | €0 | -€451 | -100.0% |
| Cash at bank and in hand | 54/58 | €27,671 | €105,190 | +€77,519 | +280.1% |
| Deferred charges and accrued income | 490/1 | €461 | €184 | -€277 | -60.0% |
| Total equity and liabilities | 10/49 | €208,904 | €183,548 | -€25,357 | -12.1% |
| Equity | 10/15 | €101,343 | €104,922 | +€3,579 | +3.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,883 | €34,462 | +€3,579 | +11.6% |
| Amounts payable | 17/49 | €107,561 | €78,626 | -€28,935 | -26.9% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €87,561 | €58,626 | -€28,935 | -33.0% |
| Trade debts | 44 | €18,316 | €7,675 | -€10,641 | -58.1% |
| Suppliers | 440/4 | €18,316 | €7,675 | -€10,641 | -58.1% |
| Taxes, remuneration and social security | 45 | €28,834 | €6,889 | -€21,945 | -76.1% |
| Taxes | 450/3 | €28,834 | €6,889 | -€21,945 | -76.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €40,411 | €44,062 | +€3,651 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,357 | €1,257 | -€100 | -7.3% |
| Other operating charges | 640/8 | €1,546 | €319 | -€1,227 | -79.4% |
| Gross operating margin | 9900 | €112,357 | €11,492 | -€100,865 | -89.8% |
| Operating profit (loss) | 9901 | €109,453 | €9,915 | -€99,538 | -90.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,027 | €2,813 | +€787 | +38.8% |
| Recurring financial charges | 65 | €2,027 | €2,813 | +€787 | +38.8% |
| Profit (loss) for the period before taxes | 9903 | €107,427 | €7,101 | -€100,325 | -93.4% |
| Income taxes | 67/77 | €22,591 | €2,723 | -€19,868 | -87.9% |
| Profit (loss) for the period | 9904 | €84,836 | €4,379 | -€80,457 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €84,836 | €4,379 | -€80,457 | -94.8% |
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 11 October 2026 via checked.be.