Trae Consulting: 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.
Trae Consulting
Largest movements
- Receivables within one year -€3,368
down €3,368 (-16.5%), from €20,358 to €16,991
of which Other amounts receivable: -€6,192
- Cash +€2,040
up €2,040 (+6.0%), from €33,992 to €36,032
mainly Net result for the year (+€31,038) and Receivables within one year (+€3,368)
- Tangible fixed assets -€1,238
down €1,238 (-51.2%), from €2,417 to €1,180
- Other debts -€4,125
down €4,125 (-9.3%), from €44,401 to €40,276
- Reserves +€3,538
up €3,538 (+78.4%), from €4,515 to €8,052
- Tax, wage and social debts -€1,424
down €1,424 (-20.5%), from €6,964 to €5,540
- Gross operating margin +€2,199
up €2,199 (+5.4%), from €40,870 to €43,069
- Taxes +€534
up €534 (+6.1%), from €8,808 to €9,342
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 | €57,524 | €54,997 | -€2,527 | -4.4% |
| Fixed assets | 21/28 | €2,417 | €1,180 | -€1,238 | -51.2% |
| Tangible fixed assets | 22/27 | €2,417 | €1,180 | -€1,238 | -51.2% |
| Furniture and vehicles | 24 | €2,417 | €1,180 | -€1,238 | -51.2% |
| Current assets | 29/58 | €55,107 | €53,818 | -€1,289 | -2.3% |
| Amounts receivable within one year | 40/41 | €20,358 | €16,991 | -€3,368 | -16.5% |
| Trade receivables | 40 | €14,166 | €16,991 | +€2,825 | +19.9% |
| Other amounts receivable | 41 | €6,192 | €0 | -€6,192 | -100.0% |
| Cash at bank and in hand | 54/58 | €33,992 | €36,032 | +€2,040 | +6.0% |
| Deferred charges and accrued income | 490/1 | €757 | €795 | +€38 | +5.0% |
| Total equity and liabilities | 10/49 | €57,524 | €54,997 | -€2,527 | -4.4% |
| Equity | 10/15 | €5,515 | €9,052 | +€3,538 | +64.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €4,515 | €8,052 | +€3,538 | +78.4% |
| Distributable reserves | 133 | €4,515 | €8,052 | +€3,538 | +78.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,010 | €45,945 | -€6,065 | -11.7% |
| Amounts payable within one year | 42/48 | €52,010 | €45,945 | -€6,065 | -11.7% |
| Trade debts | 44 | €644 | €129 | -€515 | -80.0% |
| Suppliers | 440/4 | €644 | €129 | -€515 | -80.0% |
| Taxes, remuneration and social security | 45 | €6,964 | €5,540 | -€1,424 | -20.5% |
| Taxes | 450/3 | €6,964 | €5,540 | -€1,424 | -20.5% |
| Other amounts payable | 47/48 | €44,401 | €40,276 | -€4,125 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,470 | €1,238 | -€232 | -15.8% |
| Other operating charges | 640/8 | €1,229 | €1,272 | +€43 | +3.5% |
| Gross operating margin | 9900 | €40,870 | €43,069 | +€2,199 | +5.4% |
| Operating profit (loss) | 9901 | €38,171 | €40,560 | +€2,389 | +6.3% |
| Financial charges | 65/66B | €201 | €180 | -€20 | -10.1% |
| Recurring financial charges | 65 | €201 | €180 | -€20 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €37,970 | €40,379 | +€2,409 | +6.3% |
| Income taxes | 67/77 | €8,808 | €9,342 | +€534 | +6.1% |
| Profit (loss) for the period | 9904 | €29,163 | €31,038 | +€1,875 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,163 | €31,038 | +€1,875 | +6.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.