TRADITION DES VOSGES: what changed
TRADITION DES VOSGES
Largest movements
- Financial fixed assets +€25,899
up €25,899 (+111%), from €23,263 to €49,162
- Stocks and contracts -€15,232
down €15,232 (-12.3%), from €123,455 to €108,223
- Cash -€7,208
down €7,208 (-66.0%), from €10,928 to €3,720
mainly Investment in fixed assets (net) (-€25,899) and Tax, wage and social debts (-€12,757)
- Deferred charges and accrued income +€2,273
up €2,273 (+9.7%), from €23,487 to €25,760
- Trade debts +€31,449
up €31,449, from €0 to €31,449
- Tax, wage and social debts -€12,757
down €12,757 (-23.6%), from €54,026 to €41,270
of which Remuneration and social security: -€14,395
- Profit (loss) carried forward -€11,044
down €11,044 (-80.9%), from -€13,658 to -€24,702
- Gross operating margin -€39,325
down €39,325 (-31.7%), from €124,199 to €84,875
- Financial charges -€1,394
down €1,394 (-18.2%), from €7,645 to €6,251
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 | €189,250 | €196,780 | +€7,530 | +4.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €23,263 | €49,162 | +€25,899 | +111% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €23,263 | €49,162 | +€25,899 | +111% |
| Current assets | 29/58 | €165,986 | €147,618 | -€18,368 | -11.1% |
| Stocks and contracts in progress | 3 | €123,455 | €108,223 | -€15,232 | -12.3% |
| Stocks | 30/36 | €123,455 | €108,223 | -€15,232 | -12.3% |
| Amounts receivable within one year | 40/41 | €8,116 | €9,915 | +€1,798 | +22.2% |
| Trade receivables | 40 | €8,116 | €9,915 | +€1,798 | +22.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,928 | €3,720 | -€7,208 | -66.0% |
| Deferred charges and accrued income | 490/1 | €23,487 | €25,760 | +€2,273 | +9.7% |
| Total equity and liabilities | 10/49 | €189,250 | €196,780 | +€7,530 | +4.0% |
| Equity | 10/15 | -€4,803 | -€15,847 | -€11,044 | -230% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,658 | -€24,702 | -€11,044 | -80.9% |
| Amounts payable | 17/49 | €194,053 | €212,627 | +€18,574 | +9.6% |
| Amounts payable within one year | 42/48 | €193,445 | €212,138 | +€18,692 | +9.7% |
| Trade debts | 44 | €0 | €31,449 | +€31,449 | |
| Suppliers | 440/4 | €0 | €31,449 | +€31,449 | |
| Taxes, remuneration and social security | 45 | €54,026 | €41,270 | -€12,757 | -23.6% |
| Taxes | 450/3 | €15,899 | €17,538 | +€1,639 | +10.3% |
| Remuneration and social security | 454/9 | €38,127 | €23,732 | -€14,395 | -37.8% |
| Other amounts payable | 47/48 | €139,419 | €139,419 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €608 | €490 | -€118 | -19.4% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €89,299 | €89,797 | +€498 | +0.6% |
| Other operating charges | 640/8 | €378 | €0 | -€378 | -100% |
| Gross operating margin | 9900 | €124,199 | €84,875 | -€39,325 | -31.7% |
| Operating profit (loss) | 9901 | €34,522 | -€4,922 | -€39,444 | |
| Financial income | 75/76B | €133 | €129 | -€3 | -2.6% |
| Recurring financial income | 75 | €133 | €129 | -€3 | -2.6% |
| Financial charges | 65/66B | €7,645 | €6,251 | -€1,394 | -18.2% |
| Recurring financial charges | 65 | €7,645 | €6,251 | -€1,394 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €27,009 | -€11,044 | -€38,053 | |
| Profit (loss) for the period | 9904 | €27,009 | -€11,044 | -€38,053 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,009 | -€11,044 | -€38,053 |
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 4 November 2026 via checked.be.