TRAEN TECHNICS: 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.
TRAEN TECHNICS
Largest movements
- Cash +€135,823
up €135,823 (+70.8%), from €191,956 to €327,780
mainly Other debts (+€145,992) and Net result for the year (+€76,823)
- Receivables within one year -€54,324
down €54,324 (-55.4%), from €98,027 to €43,703
of which Trade receivables: -€54,789
- Tangible fixed assets -€28,035
down €28,035 (-40.0%), from €70,077 to €42,043
of which Furniture and vehicles: -€23,618
- Stocks and contracts -€25,256
down €25,256 (-20.0%), from €125,997 to €100,740
- Intangible fixed assets -€23,000
down €23,000 (-13.5%), from €170,263 to €147,263
- Other debts +€145,992
up €145,992 (+649%), from €22,500 to €168,492
- Reserves -€91,669
down €91,669 (-19.1%), from €480,975 to €389,306
of which Distributable reserves: -€91,669
- Current portion of long-term debt -€30,000
down €30,000 (-100%), from €30,000 to €0
- Tax, wage and social debts -€16,336
down €16,336 (-36.6%), from €44,652 to €28,316
of which Remuneration and social security: -€10,634
- Gross operating margin -€112,700
down €112,700 (-24.9%), from €452,652 to €339,952
- Staff costs -€25,777
down €25,777 (-11.6%), from €223,111 to €197,333
- Taxes -€18,991
down €18,991 (-45.3%), from €41,956 to €22,965
- Financial income -€4,760
down €4,760 (-42.4%), from €11,231 to €6,471
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €656,320 | €661,528 | +€5,208 | +0.8% |
| Fixed assets | 21/28 | €240,340 | €189,306 | -€51,035 | -21.2% |
| Intangible fixed assets | 21 | €170,263 | €147,263 | -€23,000 | -13.5% |
| Tangible fixed assets | 22/27 | €70,077 | €42,043 | -€28,035 | -40.0% |
| Plant, machinery and equipment | 23 | €8,024 | €3,608 | -€4,416 | -55.0% |
| Furniture and vehicles | 24 | €62,053 | €38,434 | -€23,618 | -38.1% |
| Current assets | 29/58 | €415,980 | €472,223 | +€56,243 | +13.5% |
| Stocks and contracts in progress | 3 | €125,997 | €100,740 | -€25,256 | -20.0% |
| Stocks | 30/36 | €125,997 | €100,740 | -€25,256 | -20.0% |
| Amounts receivable within one year | 40/41 | €98,027 | €43,703 | -€54,324 | -55.4% |
| Trade receivables | 40 | €95,920 | €41,130 | -€54,789 | -57.1% |
| Other amounts receivable | 41 | €2,107 | €2,572 | +€465 | +22.1% |
| Cash at bank and in hand | 54/58 | €191,956 | €327,780 | +€135,823 | +70.8% |
| Total equity and liabilities | 10/49 | €656,320 | €661,528 | +€5,208 | +0.8% |
| Equity | 10/15 | €530,975 | €439,306 | -€91,669 | -17.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €480,975 | €389,306 | -€91,669 | -19.1% |
| Tax-exempt reserves | 132 | €126,300 | €126,300 | = | 0.0% |
| Distributable reserves | 133 | €354,675 | €263,006 | -€91,669 | -25.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €125,345 | €222,223 | +€96,877 | +77.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €125,345 | €222,223 | +€96,877 | +77.3% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €0 | -€30,000 | -100% |
| Trade debts | 44 | €28,193 | €25,415 | -€2,778 | -9.9% |
| Suppliers | 440/4 | €28,193 | €25,415 | -€2,778 | -9.9% |
| Taxes, remuneration and social security | 45 | €44,652 | €28,316 | -€16,336 | -36.6% |
| Taxes | 450/3 | €14,040 | €8,338 | -€5,702 | -40.6% |
| Remuneration and social security | 454/9 | €30,612 | €19,978 | -€10,634 | -34.7% |
| Other amounts payable | 47/48 | €22,500 | €168,492 | +€145,992 | +649% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €223,111 | €197,333 | -€25,777 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,535 | €46,960 | -€575 | -1.2% |
| Other operating charges | 640/8 | €2,031 | €1,197 | -€833 | -41.0% |
| Gross operating margin | 9900 | €452,652 | €339,952 | -€112,700 | -24.9% |
| Operating profit (loss) | 9901 | €179,976 | €94,461 | -€85,515 | -47.5% |
| Financial income | 75/76B | €11,231 | €6,471 | -€4,760 | -42.4% |
| Recurring financial income | 75 | €11,231 | €6,471 | -€4,760 | -42.4% |
| Financial charges | 65/66B | €128 | €1,145 | +€1,017 | +796% |
| Recurring financial charges | 65 | €128 | €1,145 | +€1,017 | +796% |
| Profit (loss) for the period before taxes | 9903 | €191,079 | €99,787 | -€91,292 | -47.8% |
| Income taxes | 67/77 | €41,956 | €22,965 | -€18,991 | -45.3% |
| Profit (loss) for the period | 9904 | €149,123 | €76,823 | -€72,301 | -48.5% |
| Transfer to tax-exempt reserves | 689 | €63,150 | €0 | -€63,150 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €85,973 | €76,823 | -€9,151 | -10.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.