TRAFFICONLINE: 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.
TRAFFICONLINE
Largest movements
- Tangible fixed assets +€71,557
up €71,557 (+32.9%), from €217,469 to €289,026
of which Land and buildings: +€245,844
- Receivables within one year -€36,485
down €36,485 (-32.0%), from €113,842 to €77,357
of which Trade receivables: -€24,397
- Cash +€33,814
up €33,814 (+17.4%), from €194,888 to €228,702
mainly Net result for the year (+€60,866) and Receivables within one year (+€36,485)
- Reserves +€60,866
up €60,866 (+22.2%), from €274,259 to €335,125
- Trade debts -€12,469
down €12,469 (-30.8%), from €40,541 to €28,072
- Accrued charges and deferred income +€11,071
up €11,071 (+85.9%), from €12,883 to €23,954
- Tax, wage and social debts +€7,140
up €7,140 (+29.7%), from €24,017 to €31,157
of which Taxes: +€5,876
- Gross operating margin +€45,377
up €45,377 (+23.0%), from €197,112 to €242,490
- Write-downs +€27,252
up €27,252 (+1,419%), from €1,920 to €29,172
- Staff costs +€14,719
up €14,719 (+25.2%), from €58,378 to €73,097
- Financial charges +€6,841
up €6,841 (+84.5%), from €8,092 to €14,933
- Taxes -€5,334
down €5,334 (-14.7%), from €36,229 to €30,895
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.
Derived cash bridge
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 | €531,243 | €600,347 | +€69,104 | +13.0% |
| Fixed assets | 21/28 | €218,847 | €289,026 | +€70,179 | +32.1% |
| Tangible fixed assets | 22/27 | €217,469 | €289,026 | +€71,557 | +32.9% |
| Land and buildings | 22 | €6,468 | €252,312 | +€245,844 | +3,801% |
| Plant, machinery and equipment | 23 | €634 | €1,524 | +€890 | +140% |
| Furniture and vehicles | 24 | €46,169 | €35,190 | -€10,979 | -23.8% |
| Other tangible fixed assets | 26 | €164,197 | €0 | -€164,197 | -100% |
| Financial fixed assets | 28 | €1,378 | €0 | -€1,378 | -100% |
| Current assets | 29/58 | €312,397 | €311,321 | -€1,075 | -0.3% |
| Amounts receivable within one year | 40/41 | €113,842 | €77,357 | -€36,485 | -32.0% |
| Trade receivables | 40 | €101,754 | €77,357 | -€24,397 | -24.0% |
| Other amounts receivable | 41 | €12,088 | €0 | -€12,088 | -100% |
| Cash at bank and in hand | 54/58 | €194,888 | €228,702 | +€33,814 | +17.4% |
| Deferred charges and accrued income | 490/1 | €3,667 | €5,263 | +€1,596 | +43.5% |
| Total equity and liabilities | 10/49 | €531,243 | €600,347 | +€69,104 | +13.0% |
| Equity | 10/15 | €292,859 | €353,725 | +€60,866 | +20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €274,259 | €335,125 | +€60,866 | +22.2% |
| Distributable reserves | 133 | €274,259 | €335,125 | +€60,866 | +22.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €238,384 | €246,621 | +€8,237 | +3.5% |
| Amounts payable within one year | 42/48 | €225,501 | €222,667 | -€2,834 | -1.3% |
| Trade debts | 44 | €40,541 | €28,072 | -€12,469 | -30.8% |
| Suppliers | 440/4 | €40,541 | €28,072 | -€12,469 | -30.8% |
| Taxes, remuneration and social security | 45 | €24,017 | €31,157 | +€7,140 | +29.7% |
| Taxes | 450/3 | €16,895 | €22,770 | +€5,876 | +34.8% |
| Remuneration and social security | 454/9 | €7,122 | €8,387 | +€1,264 | +17.8% |
| Other amounts payable | 47/48 | €160,943 | €163,438 | +€2,495 | +1.6% |
| Accrued charges and deferred income | 492/3 | €12,883 | €23,954 | +€11,071 | +85.9% |
| Remuneration, social security and pensions | 62 | €58,378 | €73,097 | +€14,719 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,709 | €25,637 | +€1,928 | +8.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,920 | €29,172 | +€27,252 | +1,419% |
| Other operating charges | 640/8 | €3,458 | €8,692 | +€5,235 | +151% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €197,112 | €242,490 | +€45,377 | +23.0% |
| Operating profit (loss) | 9901 | €109,648 | €105,891 | -€3,756 | -3.4% |
| Financial income | 75/76B | €719 | €803 | +€84 | +11.7% |
| Recurring financial income | 75 | €719 | €803 | +€84 | +11.7% |
| Financial charges | 65/66B | €8,092 | €14,933 | +€6,841 | +84.5% |
| Recurring financial charges | 65 | €8,092 | €14,933 | +€6,841 | +84.5% |
| Profit (loss) for the period before taxes | 9903 | €102,275 | €91,761 | -€10,514 | -10.3% |
| Income taxes | 67/77 | €36,229 | €30,895 | -€5,334 | -14.7% |
| Profit (loss) for the period | 9904 | €66,046 | €60,866 | -€5,180 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,046 | €60,866 | -€5,180 | -7.8% |
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 18 October 2026 via checked.be.