TRAFFIMEX: 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.
What changed
TRAFFIMEX
NACE 46.900, Non-specialised wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€533,739
2024 · €652,217-€118,477
Equity
€4.9m
2024 · €4.6m+€268,387
Cash
€1.1m
2024 · €910,958+€200,699
Balance sheet total
€5.6m
2024 · €5.4m+€181,381
Largest movements
Assets
- Receivables within one year -€206,305
down €206,305 (-14.0%), from €1.5m to €1.3m
of which Trade receivables: -€230,727
- Cash +€200,699
up €200,699 (+22.0%), from €910,958 to €1.1m
mainly Net result for the year (+€533,739) and Receivables within one year (+€206,305)
- Stocks and contracts +€175,651
up €175,651 (+15.5%), from €1.1m to €1.3m
Equity and liabilities
- Reserves +€312,117
up €312,117 (+8.1%), from €3.9m to €4.2m
of which Distributable reserves: +€312,117
- Trade debts +€97,203
up €97,203 (+226%), from €42,932 to €140,135
- Other debts -€84,448
down €84,448 (-14.0%), from €601,800 to €517,353
- Tax, wage and social debts -€58,509
down €58,509 (-53.1%), from €110,186 to €51,677
of which Taxes: -€65,682
Income statement
- Gross operating margin -€100,396
down €100,396 (-7.7%), from €1.3m to €1.2m
- Staff costs +€52,307
up €52,307 (+13.8%), from €379,503 to €431,810
- Taxes -€34,672
down €34,672 (-16.8%), from €206,400 to €171,728
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.
Result 2024
€652,217
Gross operating margin
-€100,396
Staff costs
-€52,307
Depreciation
-€7,852
Other operating charges
-€576
Financial income
+€4,244
Financial charges
+€3,739
Taxes
+€34,672
Result 2025
€533,739
raises the resultlowers the result
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.
From operations
+€593,947
Investment
-€86,642
Financing
-€306,605
Cash 2024
€910,958
From operations (derived)
+€593,947
Net result for the year
+€533,739
Depreciation
+€91,318
Stocks and contracts
-€175,651
Receivables within one year
+€206,305
Deferred charges and accrued income
-€16,012
Trade debts
+€97,203
Tax, wage and social debts
-€58,509
Other debts
-€84,448
Investment (derived)
-€86,642
Investment in fixed assets (net)
-€86,642
Financing
-€306,605
Debts after one year
-€19,750
Current portion of long-term debt
-€22,574
Short-term financial debts
+€1,071
Contributions, distributions and other
-€265,353
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,433,617 | €5,614,998 | +€181,381 | +3.3% |
| Fixed assets | 21/28 | €1,897,158 | €1,892,482 | -€4,676 | -0.2% |
| Intangible fixed assets | 21 | - | €8,107 | +€8,107 | |
| Tangible fixed assets | 22/27 | €281,589 | €268,806 | -€12,783 | -4.5% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €162,358 | €134,847 | -€27,511 | -16.9% |
| Furniture and vehicles | 24 | €108,555 | €90,431 | -€18,124 | -16.7% |
| Other tangible fixed assets | 26 | €10,676 | €9,186 | -€1,490 | -14.0% |
| Assets under construction and advance payments | 27 | €0 | €34,342 | +€34,342 | |
| Financial fixed assets | 28 | €1,615,570 | €1,615,570 | = | 0.0% |
| Current assets | 29/58 | €3,536,459 | €3,722,516 | +€186,057 | +5.3% |
| Stocks and contracts in progress | 3 | €1,133,493 | €1,309,144 | +€175,651 | +15.5% |
| Stocks | 30/36 | €1,133,493 | €1,309,144 | +€175,651 | +15.5% |
| Amounts receivable within one year | 40/41 | €1,473,675 | €1,267,370 | -€206,305 | -14.0% |
| Trade receivables | 40 | €1,166,735 | €936,007 | -€230,727 | -19.8% |
| Other amounts receivable | 41 | €306,940 | €331,362 | +€24,422 | +8.0% |
| Cash at bank and in hand | 54/58 | €910,958 | €1,111,658 | +€200,699 | +22.0% |
| Deferred charges and accrued income | 490/1 | €18,333 | €34,344 | +€16,012 | +87.3% |
| Total equity and liabilities | 10/49 | €5,433,617 | €5,614,998 | +€181,381 | +3.3% |
| Equity | 10/15 | €4,612,711 | €4,881,097 | +€268,387 | +5.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €384,341 | €384,341 | = | 0.0% |
| Reserves | 13 | €3,854,753 | €4,166,869 | +€312,117 | +8.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €126,300 | €126,300 | = | 0.0% |
| Distributable reserves | 133 | €3,722,303 | €4,034,419 | +€312,117 | +8.4% |
| Profit (loss) carried forward | 14 | €312,117 | €268,387 | -€43,730 | -14.0% |
| Amounts payable | 17/49 | €820,906 | €733,900 | -€87,006 | -10.6% |
| Amounts payable after more than one year | 17 | €19,750 | €0 | -€19,750 | -100% |
| Financial debts | 170/4 | €19,750 | €0 | -€19,750 | -100% |
| Amounts payable within one year | 42/48 | €801,157 | €733,900 | -€67,257 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €42,324 | €19,750 | -€22,574 | -53.3% |
| Financial debts | 43 | €3,915 | €4,986 | +€1,071 | +27.3% |
| Credit institutions | 430/8 | €3,915 | €4,986 | +€1,071 | +27.3% |
| Trade debts | 44 | €42,932 | €140,135 | +€97,203 | +226% |
| Suppliers | 440/4 | €42,932 | €140,135 | +€97,203 | +226% |
| Taxes, remuneration and social security | 45 | €110,186 | €51,677 | -€58,509 | -53.1% |
| Taxes | 450/3 | €66,135 | €453 | -€65,682 | -99.3% |
| Remuneration and social security | 454/9 | €44,051 | €51,224 | +€7,173 | +16.3% |
| Other amounts payable | 47/48 | €601,800 | €517,353 | -€84,448 | -14.0% |
| Non-recurring operating income | 76A | €143,425 | €0 | -€143,425 | -100% |
| Remuneration, social security and pensions | 62 | €379,503 | €431,810 | +€52,307 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,466 | €91,318 | +€7,852 | +9.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €21,865 | €22,442 | +€576 | +2.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,308,708 | €1,208,312 | -€100,396 | -7.7% |
| Operating profit (loss) | 9901 | €823,874 | €662,742 | -€161,132 | -19.6% |
| Financial income | 75/76B | €47,666 | €51,910 | +€4,244 | +8.9% |
| Recurring financial income | 75 | €47,666 | €51,910 | +€4,244 | +8.9% |
| Financial charges | 65/66B | €12,924 | €9,185 | -€3,739 | -28.9% |
| Recurring financial charges | 65 | €12,924 | €9,185 | -€3,739 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €858,616 | €705,467 | -€153,149 | -17.8% |
| Income taxes | 67/77 | €206,400 | €171,728 | -€34,672 | -16.8% |
| Profit (loss) for the period | 9904 | €652,217 | €533,739 | -€118,477 | -18.2% |
| Transfer to tax-exempt reserves | 689 | €126,300 | €0 | -€126,300 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €525,917 | €533,739 | +€7,823 | +1.5% |
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 14 October 2026 via checked.be.