TRADVICO: 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.
TRADVICO
Largest movements
- Receivables within one year +€9,540
up €9,540 (+628.9%), from €1,517 to €11,057
of which Trade receivables: +€8,790
- Tangible fixed assets -€8,093
down €8,093 (-6.1%), from €133,050 to €124,957
- Debts after one year -€10,380
down €10,380 (-9.1%), from €114,616 to €104,236
- Profit (loss) carried forward +€9,234
no longer reported in 2025 (was -€9,234)
- Reserves +€2,395
new in 2025: €2,395
- Gross operating margin -€845
down €845 (-3.0%), from €28,265 to €27,420
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 | €136,692 | €138,245 | +€1,553 | +1.1% |
| Fixed assets | 21/28 | €133,050 | €124,957 | -€8,093 | -6.1% |
| Tangible fixed assets | 22/27 | €133,050 | €124,957 | -€8,093 | -6.1% |
| Land and buildings | 22 | €133,050 | €124,957 | -€8,093 | -6.1% |
| Current assets | 29/58 | €3,642 | €13,288 | +€9,646 | +264.8% |
| Amounts receivable within one year | 40/41 | €1,517 | €11,057 | +€9,540 | +628.9% |
| Trade receivables | 40 | €1,210 | €10,000 | +€8,790 | +726.4% |
| Other amounts receivable | 41 | €307 | €1,057 | +€750 | +244.4% |
| Cash at bank and in hand | 54/58 | €2,125 | €2,230 | +€105 | +5.0% |
| Total equity and liabilities | 10/49 | €136,692 | €138,245 | +€1,553 | +1.1% |
| Equity | 10/15 | €10,350 | €21,979 | +€11,629 | +112.4% |
| Contributions | 10/11 | €19,584 | €19,584 | -€0 | 0.0% |
| Reserves | 13 | - | €2,395 | +€2,395 | |
| Distributable reserves | 133 | - | €2,395 | +€2,395 | |
| Profit (loss) carried forward | 14 | -€9,234 | - | +€9,234 | |
| Amounts payable | 17/49 | €126,342 | €116,266 | -€10,076 | -8.0% |
| Amounts payable after more than one year | 17 | €114,616 | €104,236 | -€10,380 | -9.1% |
| Financial debts | 170/4 | €114,616 | €104,236 | -€10,380 | -9.1% |
| Amounts payable within one year | 42/48 | €11,726 | €12,029 | +€303 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €10,271 | €10,380 | +€109 | +1.1% |
| Trade debts | 44 | €1,000 | - | -€1,000 | |
| Suppliers | 440/4 | €1,000 | - | -€1,000 | |
| Taxes, remuneration and social security | 45 | - | €1,196 | +€1,196 | |
| Taxes | 450/3 | - | €1,196 | +€1,196 | |
| Other amounts payable | 47/48 | €455 | €454 | -€1 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,100 | €8,092 | -€8 | -0.1% |
| Other operating charges | 640/8 | €1,896 | €1,954 | +€58 | +3.1% |
| Gross operating margin | 9900 | €28,265 | €27,420 | -€845 | -3.0% |
| Operating profit (loss) | 9901 | €18,269 | €17,373 | -€896 | -4.9% |
| Financial charges | 65/66B | €1,498 | €1,549 | +€51 | +3.4% |
| Recurring financial charges | 65 | €1,498 | €1,549 | +€51 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €16,771 | €15,825 | -€946 | -5.6% |
| Income taxes | 67/77 | €4,193 | €4,196 | +€3 | +0.1% |
| Profit (loss) for the period | 9904 | €12,578 | €11,629 | -€949 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,578 | €11,629 | -€949 | -7.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.