TRADOC: what changed
Two fiscal 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.
TRADOC
Largest movements
- Receivables within one year +€50,542
up €50,542 (+950.3%), from €5,318 to €55,860
of which Other amounts receivable: +€55,603
- Receivables after one year -€21,500
no longer reported in 2024 (was €21,500)
- Cash -€2,980
down €2,980 (-83.6%), from €3,567 to €587
mainly Receivables within one year (-€50,542) and Debts after one year (-€13,374)
- Tangible fixed assets -€2,646
down €2,646 (-36.8%), from €7,185 to €4,540
of which Plant, machinery and equipment: -€2,334
- Deferred charges and accrued income +€1,730
up €1,730 (+600.9%), from €288 to €2,018
- Profit (loss) carried forward +€26,264
up €26,264, from -€18,145 to €8,119
- Debts after one year -€13,374
down €13,374 (-92.1%), from €14,525 to €1,151
- Other debts +€5,719
up €5,719 (+1566.7%), from €365 to €6,084
- Tax, wage and social debts +€5,298
up €5,298 (+106.1%), from €4,994 to €10,292
of which Taxes: +€7,414
- Trade debts +€1,691
up €1,691 (+101.5%), from €1,666 to €3,357
- Gross operating margin +€20,290
up €20,290 (+121.8%), from €16,664 to €36,954
- Turnover +€20,244
up €20,244 (+21.2%), from €95,617 to €115,861
- Taxes +€2,441
up €2,441 (+122.1%), from €2,000 to €4,441
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,858 | €63,004 | +€25,146 | +66.4% |
| Fixed assets | 21/28 | €7,185 | €4,540 | -€2,646 | -36.8% |
| Tangible fixed assets | 22/27 | €7,185 | €4,540 | -€2,646 | -36.8% |
| Plant, machinery and equipment | 23 | €6,873 | €4,540 | -€2,334 | -34.0% |
| Furniture and vehicles | 24 | €312 | - | -€312 | |
| Current assets | 29/58 | €30,673 | €58,465 | +€27,792 | +90.6% |
| Amounts receivable after more than one year | 29 | €21,500 | - | -€21,500 | |
| Other amounts receivable | 291 | €21,500 | - | -€21,500 | |
| Amounts receivable within one year | 40/41 | €5,318 | €55,860 | +€50,542 | +950.3% |
| Trade receivables | 40 | €5,318 | €257 | -€5,061 | -95.2% |
| Other amounts receivable | 41 | - | €55,603 | +€55,603 | |
| Cash at bank and in hand | 54/58 | €3,567 | €587 | -€2,980 | -83.6% |
| Deferred charges and accrued income | 490/1 | €288 | €2,018 | +€1,730 | +600.9% |
| Total equity and liabilities | 10/49 | €37,858 | €63,004 | +€25,146 | +66.4% |
| Equity | 10/15 | €2,483 | €28,747 | +€26,264 | +1057.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,035 | €2,035 | = | 0.0% |
| Distributable reserves | 133 | €2,035 | €2,035 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,145 | €8,119 | +€26,264 | |
| Amounts payable | 17/49 | €35,376 | €34,258 | -€1,118 | -3.2% |
| Amounts payable after more than one year | 17 | €14,525 | €1,151 | -€13,374 | -92.1% |
| Financial debts | 170/4 | €14,525 | €1,151 | -€13,374 | -92.1% |
| Amounts payable within one year | 42/48 | €19,619 | €33,107 | +€13,487 | +68.7% |
| Current portion of amounts payable after more than one year | 42 | €12,594 | €13,374 | +€780 | +6.2% |
| Trade debts | 44 | €1,666 | €3,357 | +€1,691 | +101.5% |
| Suppliers | 440/4 | €1,666 | €3,357 | +€1,691 | +101.5% |
| Taxes, remuneration and social security | 45 | €4,994 | €10,292 | +€5,298 | +106.1% |
| Taxes | 450/3 | €2,878 | €10,292 | +€7,414 | +257.6% |
| Remuneration and social security | 454/9 | €2,116 | - | -€2,116 | |
| Other amounts payable | 47/48 | €365 | €6,084 | +€5,719 | +1566.7% |
| Accrued charges and deferred income | 492/3 | €1,232 | - | -€1,232 | |
| Turnover | 70 | €95,617 | €115,861 | +€20,244 | +21.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €83,037 | €82,059 | -€978 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,718 | €2,646 | -€73 | -2.7% |
| Other operating charges | 640/8 | €1,852 | €1,480 | -€372 | -20.1% |
| Non-recurring operating charges | 66A | €24,681 | - | -€24,681 | |
| Gross operating margin | 9900 | €16,664 | €36,954 | +€20,290 | +121.8% |
| Operating profit (loss) | 9901 | -€12,587 | €32,829 | +€45,416 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,247 | €2,124 | -€123 | -5.5% |
| Recurring financial charges | 65 | €2,247 | €2,124 | -€123 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,834 | €30,705 | +€45,539 | |
| Income taxes | 67/77 | €2,000 | €4,441 | +€2,441 | +122.1% |
| Profit (loss) for the period | 9904 | -€16,834 | €26,264 | +€43,098 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,834 | €26,264 | +€43,098 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.