TRADITION DC: 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.
TRADITION DC
Largest movements
- Tangible fixed assets -€28,444
down €28,444 (-8.3%), from €344,617 to €316,173
of which Land and buildings: -€14,798
- Cash -€15,283
down €15,283 (-33.8%), from €45,172 to €29,888
mainly Debts after one year (-€31,063) and Receivables within one year (-€3,893)
- Debts after one year -€31,063
down €31,063 (-10.9%), from €286,035 to €254,972
- Gross operating margin -€12,672
down €12,672 (-20.3%), from €62,572 to €49,899
- Taxes -€4,576
down €4,576 (-92.2%), from €4,964 to €389
- Depreciation +€2,567
up €2,567 (+9.9%), from €25,877 to €28,444
- Financial charges -€1,428
down €1,428 (-10.6%), from €13,502 to €12,074
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 | €407,333 | €371,172 | -€36,160 | -8.9% |
| Fixed assets | 21/28 | €345,702 | €317,258 | -€28,444 | -8.2% |
| Tangible fixed assets | 22/27 | €344,617 | €316,173 | -€28,444 | -8.3% |
| Land and buildings | 22 | €303,738 | €288,941 | -€14,798 | -4.9% |
| Plant, machinery and equipment | 23 | €15,757 | €11,257 | -€4,500 | -28.6% |
| Furniture and vehicles | 24 | €16,749 | €12,730 | -€4,019 | -24.0% |
| Leasing and similar rights | 25 | €8,372 | €3,245 | -€5,127 | -61.2% |
| Financial fixed assets | 28 | €1,085 | €1,085 | = | 0.0% |
| Current assets | 29/58 | €61,631 | €53,914 | -€7,717 | -12.5% |
| Stocks and contracts in progress | 3 | €11,338 | €15,020 | +€3,682 | +32.5% |
| Stocks | 30/36 | €11,338 | €15,020 | +€3,682 | +32.5% |
| Amounts receivable within one year | 40/41 | €877 | €4,770 | +€3,893 | +444.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €877 | €4,770 | +€3,893 | +444.1% |
| Cash at bank and in hand | 54/58 | €45,172 | €29,888 | -€15,283 | -33.8% |
| Deferred charges and accrued income | 490/1 | €4,244 | €4,236 | -€8 | -0.2% |
| Total equity and liabilities | 10/49 | €407,333 | €371,172 | -€36,160 | -8.9% |
| Equity | 10/15 | €76,506 | €74,554 | -€1,951 | -2.6% |
| Contributions | 10/11 | €53,600 | €53,600 | = | 0.0% |
| Reserves | 13 | €22,500 | €22,500 | = | 0.0% |
| Distributable reserves | 133 | €22,500 | €22,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €406 | -€1,546 | -€1,951 | |
| Amounts payable | 17/49 | €330,827 | €296,618 | -€34,209 | -10.3% |
| Amounts payable after more than one year | 17 | €286,035 | €254,972 | -€31,063 | -10.9% |
| Financial debts | 170/4 | €286,035 | €254,972 | -€31,063 | -10.9% |
| Amounts payable within one year | 42/48 | €42,262 | €41,647 | -€616 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €34,242 | €33,035 | -€1,207 | -3.5% |
| Financial debts | 43 | €1,692 | €1,686 | -€5 | -0.3% |
| Credit institutions | 430/8 | €1,692 | €1,686 | -€5 | -0.3% |
| Trade debts | 44 | €4,551 | €2,717 | -€1,834 | -40.3% |
| Suppliers | 440/4 | €4,551 | €2,717 | -€1,834 | -40.3% |
| Taxes, remuneration and social security | 45 | €1,778 | €4,089 | +€2,311 | +130.0% |
| Taxes | 450/3 | €1,778 | €4,089 | +€2,311 | +130.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €119 | +€119 | |
| Accrued charges and deferred income | 492/3 | €2,530 | - | -€2,530 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,877 | €28,444 | +€2,567 | +9.9% |
| Other operating charges | 640/8 | €3,114 | €3,037 | -€77 | -2.5% |
| Non-recurring operating charges | 66A | - | €8,102 | +€8,102 | |
| Gross operating margin | 9900 | €62,572 | €49,899 | -€12,672 | -20.3% |
| Operating profit (loss) | 9901 | €33,581 | €10,317 | -€23,264 | -69.3% |
| Financial income | 75/76B | €260 | €195 | -€65 | -25.0% |
| Recurring financial income | 75 | €260 | €195 | -€65 | -25.0% |
| Financial charges | 65/66B | €13,502 | €12,074 | -€1,428 | -10.6% |
| Recurring financial charges | 65 | €13,502 | €12,074 | -€1,428 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €20,339 | -€1,563 | -€21,902 | |
| Income taxes | 67/77 | €4,964 | €389 | -€4,576 | -92.2% |
| Profit (loss) for the period | 9904 | €15,374 | -€1,951 | -€17,326 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,374 | -€1,951 | -€17,326 |
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 10 October 2026 via checked.be.