TRADRL: 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.
TRADRL
Largest movements
- Receivables within one year -€51,740
no longer reported in 2024 (was €51,740)
- Cash -€8,338
down €8,338 (-4.9%), from €171,795 to €163,458
mainly Contributions, distributions and other (-€151,176) and Tax, wage and social debts (-€20,193)
- Profit (loss) carried forward -€65,354
down €65,354 (-43.9%), from €148,710 to €83,356
- Other debts +€25,234
up €25,234 (+145443.5%), from €17 to €25,252
- Tax, wage and social debts -€20,193
down €20,193 (-26.6%), from €75,904 to €55,711
- Gross operating margin +€26,351
up €26,351 (+31.8%), from €82,844 to €109,195
- Taxes -€4,282
down €4,282 (-20.0%), from €21,409 to €17,127
- Financial charges +€2,153
up €2,153 (+265.1%), from €812 to €2,966
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 | €228,002 | €169,357 | -€58,645 | -25.7% |
| Fixed assets | 21/28 | €3,602 | €4,121 | +€519 | +14.4% |
| Tangible fixed assets | 22/27 | €3,602 | €4,121 | +€519 | +14.4% |
| Furniture and vehicles | 24 | €3,602 | €3,093 | -€508 | -14.1% |
| Other tangible fixed assets | 26 | - | €1,027 | +€1,027 | |
| Current assets | 29/58 | €224,400 | €165,236 | -€59,164 | -26.4% |
| Amounts receivable within one year | 40/41 | €51,740 | - | -€51,740 | |
| Other amounts receivable | 41 | €51,740 | - | -€51,740 | |
| Cash at bank and in hand | 54/58 | €171,795 | €163,458 | -€8,338 | -4.9% |
| Deferred charges and accrued income | 490/1 | €864 | €1,778 | +€914 | +105.8% |
| Total equity and liabilities | 10/49 | €228,002 | €169,357 | -€58,645 | -25.7% |
| Equity | 10/15 | €151,210 | €85,856 | -€65,354 | -43.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,710 | €83,356 | -€65,354 | -43.9% |
| Amounts payable | 17/49 | €76,792 | €83,501 | +€6,710 | +8.7% |
| Amounts payable within one year | 42/48 | €76,792 | €83,501 | +€6,710 | +8.7% |
| Trade debts | 44 | €870 | €2,538 | +€1,668 | +191.7% |
| Suppliers | 440/4 | €870 | €2,538 | +€1,668 | +191.7% |
| Taxes, remuneration and social security | 45 | €75,904 | €55,711 | -€20,193 | -26.6% |
| Taxes | 450/3 | €75,904 | €55,711 | -€20,193 | -26.6% |
| Other amounts payable | 47/48 | €17 | €25,252 | +€25,234 | +145443.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,190 | €2,750 | +€560 | +25.6% |
| Other operating charges | 640/8 | €604 | €530 | -€74 | -12.3% |
| Gross operating margin | 9900 | €82,844 | €109,195 | +€26,351 | +31.8% |
| Operating profit (loss) | 9901 | €80,050 | €105,915 | +€25,865 | +32.3% |
| Financial income | 75/76B | €1 | €0 | -€0 | -98.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -98.0% |
| Financial charges | 65/66B | €812 | €2,966 | +€2,153 | +265.1% |
| Recurring financial charges | 65 | €812 | €2,966 | +€2,153 | +265.1% |
| Profit (loss) for the period before taxes | 9903 | €79,238 | €102,949 | +€23,711 | +29.9% |
| Income taxes | 67/77 | €21,409 | €17,127 | -€4,282 | -20.0% |
| Profit (loss) for the period | 9904 | €57,829 | €85,822 | +€27,993 | +48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €57,829 | €85,822 | +€27,993 | +48.4% |
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 8 October 2026 via checked.be.