TRADOVA.Logistics: 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.
What changed
TRADOVA.Logistics
NACE 49.410, Freight transport by road
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
€1.1m
2022 · €963,808+€96,124
Equity
€2.7m
2022 · €1.6m+€1.1m
Cash
-
2022 · €0
Balance sheet total
€3.1m
2022 · €2.2m+€898,307
Largest movements
Assets
- Receivables within one year +€1.1m
up €1.1m (+58.2%), from €1.8m to €2.9m
of which Other amounts receivable: +€1.1m
- Tangible fixed assets -€159,266
down €159,266 (-84.6%), from €188,271 to €29,005
of which Leasing and similar rights: -€123,720
Equity and liabilities
- Profit (loss) carried forward +€1.1m
up €1.1m (+70.2%), from €1.5m to €2.6m
- Debts after one year -€83,646
no longer reported in 2023 (was €83,646)
- Trade debts -€59,046
down €59,046 (-61.2%), from €96,546 to €37,500
Income statement
- Gross operating margin -€208,300
down €208,300 (-50.3%), from €414,095 to €205,795
- Staff costs -€113,885
down €113,885 (-99.0%), from €115,039 to €1,154
- Taxes -€104,750
down €104,750 (-83.8%), from €125,000 to €20,250
- Financial income +€52,455
up €52,455 (+5.2%), from €1.0m to €1.1m
- Write-downs -€17,606
no longer reported in 2023 (was €17,606)
From the 2022 result to the 2023 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.
Result 2022
€963,808
Gross operating margin
-€208,300
Staff costs
+€113,885
Depreciation
+€9,727
Write-downs
+€17,606
Other operating charges
-€12
Other operating items
+€2,680
Financial income
+€52,455
Financial charges
+€3,334
Taxes
+€104,750
Result 2023
€1.1m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€120,507
Investment
-€20,328
Financing
-€100,179
Cash 2022
€0
From operations (derived)
+€120,507
Net result for the year
+€1.1m
Depreciation
+€179,594
Stocks and contracts
+€0
Receivables within one year
-€1.1m
Deferred charges and accrued income
+€10,859
Trade debts
-€59,046
Tax, wage and social debts
+€15,166
Other debts
+€6,434
Accrued charges and deferred income
-€24,000
Investment (derived)
-€20,328
Investment in fixed assets (net)
-€20,328
Financing
-€100,179
Debts after one year
-€83,646
Current portion of long-term debt
-€16,533
Contributions, distributions and other
-€0
Cash 2023
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,202,276 | €3,100,583 | +€898,307 | +40.8% |
| Fixed assets | 21/28 | €288,271 | €129,005 | -€159,266 | -55.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €188,271 | €29,005 | -€159,266 | -84.6% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €2,487 | €1,375 | -€1,112 | -44.7% |
| Furniture and vehicles | 24 | €51,824 | - | -€51,824 | |
| Leasing and similar rights | 25 | €123,720 | - | -€123,720 | |
| Other tangible fixed assets | 26 | €10,241 | €27,630 | +€17,389 | +170% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €1,914,004 | €2,971,578 | +€1.1m | +55.3% |
| Stocks and contracts in progress | 3 | €66,633 | €66,633 | -€0 | 0.0% |
| Stocks | 30/36 | €66,633 | €66,633 | -€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €1,835,065 | €2,903,498 | +€1.1m | +58.2% |
| Trade receivables | 40 | €129,988 | €97,040 | -€32,948 | -25.3% |
| Other amounts receivable | 41 | €1,705,077 | €2,806,458 | +€1.1m | +64.6% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €12,306 | €1,447 | -€10,859 | -88.2% |
| Total equity and liabilities | 10/49 | €2,202,276 | €3,100,583 | +€898,307 | +40.8% |
| Equity | 10/15 | €1,619,585 | €2,679,517 | +€1.1m | +65.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €1,509,585 | €2,569,517 | +€1.1m | +70.2% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €582,690 | €421,066 | -€161,624 | -27.7% |
| Amounts payable after more than one year | 17 | €83,646 | - | -€83,646 | |
| Financial debts | 170/4 | €83,646 | - | -€83,646 | |
| Amounts payable within one year | 42/48 | €475,045 | €421,066 | -€53,979 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €133,934 | €117,401 | -€16,533 | -12.3% |
| Trade debts | 44 | €96,546 | €37,500 | -€59,046 | -61.2% |
| Suppliers | 440/4 | €96,546 | €37,500 | -€59,046 | -61.2% |
| Taxes, remuneration and social security | 45 | €136,940 | €152,106 | +€15,166 | +11.1% |
| Taxes | 450/3 | €125,488 | €145,679 | +€20,191 | +16.1% |
| Remuneration and social security | 454/9 | €11,452 | €6,427 | -€5,025 | -43.9% |
| Other amounts payable | 47/48 | €107,625 | €114,059 | +€6,434 | +6.0% |
| Accrued charges and deferred income | 492/3 | €24,000 | - | -€24,000 | |
| Non-recurring operating income | 76A | €6,509 | €13,377 | +€6,868 | +106% |
| Remuneration, social security and pensions | 62 | €115,039 | €1,154 | -€113,885 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,321 | €179,594 | -€9,727 | -5.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,606 | - | -€17,606 | |
| Other operating charges | 640/8 | €1,488 | €1,500 | +€12 | +0.8% |
| Non-recurring operating charges | 66A | €3,278 | €598 | -€2,680 | -81.8% |
| Gross operating margin | 9900 | €414,095 | €205,795 | -€208,300 | -50.3% |
| Operating profit (loss) | 9901 | €87,364 | €22,949 | -€64,415 | -73.7% |
| Financial income | 75/76B | €1,015,064 | €1,067,519 | +€52,455 | +5.2% |
| Recurring financial income | 75 | €1,015,064 | €1,067,519 | +€52,455 | +5.2% |
| Financial charges | 65/66B | €13,620 | €10,286 | -€3,334 | -24.5% |
| Recurring financial charges | 65 | €13,620 | €10,286 | -€3,334 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €1,088,808 | €1,080,182 | -€8,626 | -0.8% |
| Income taxes | 67/77 | €125,000 | €20,250 | -€104,750 | -83.8% |
| Profit (loss) for the period | 9904 | €963,808 | €1,059,932 | +€96,124 | +10.0% |
| Transfer from tax-exempt reserves | 789 | €495,854 | - | -€495,854 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,459,662 | €1,059,932 | -€399,730 | -27.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.