TRAFFIX: 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.
TRAFFIX
Largest movements
- Tangible fixed assets +€93,868
up €93,868 (+15.0%), from €627,224 to €721,092
of which Furniture and vehicles: +€106,011
- Receivables within one year -€85,828
down €85,828 (-10.8%), from €793,489 to €707,661
of which Trade receivables: -€44,381
- Cash +€75,402
up €75,402 (+12.9%), from €584,607 to €660,009
mainly Net result for the year (+€228,862) and Depreciation (+€165,002)
- Deferred charges and accrued income +€57,508
up €57,508 (+144.9%), from €39,686 to €97,194
- Other debts +€159,501
up €159,501 (+31982.8%), from €499 to €160,000
- Tax, wage and social debts +€147,922
up €147,922 (+53.1%), from €278,692 to €426,614
of which Remuneration and social security: +€140,962
- Trade debts -€135,696
down €135,696 (-25.0%), from €543,776 to €408,080
- Debts after one year -€113,560
down €113,560 (-25.4%), from €447,189 to €333,629
of which Financial debts: -€112,935
- Short-term financial debts -€75,000
no longer reported in 2025 (was €75,000)
- Gross operating margin +€531,545
up €531,545 (+23.1%), from €2.3m to €2.8m
- Staff costs +€189,691
up €189,691 (+8.9%), from €2.1m to €2.3m
- Depreciation +€79,859
up €79,859 (+93.8%), from €85,143 to €165,002
- Taxes +€28,688
up €28,688 (+373.0%), from €7,691 to €36,379
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 | €2,313,867 | €2,475,712 | +€161,845 | +7.0% |
| Fixed assets | 21/28 | €680,348 | €786,795 | +€106,447 | +15.6% |
| Intangible fixed assets | 21 | €14,385 | €26,939 | +€12,554 | +87.3% |
| Tangible fixed assets | 22/27 | €627,224 | €721,092 | +€93,868 | +15.0% |
| Plant, machinery and equipment | 23 | €25,154 | €37,715 | +€12,560 | +49.9% |
| Furniture and vehicles | 24 | €271,945 | €377,956 | +€106,011 | +39.0% |
| Leasing and similar rights | 25 | €250,558 | €197,599 | -€52,960 | -21.1% |
| Other tangible fixed assets | 26 | €79,567 | €107,823 | +€28,256 | +35.5% |
| Financial fixed assets | 28 | €38,739 | €38,764 | +€25 | +0.1% |
| Current assets | 29/58 | €1,633,519 | €1,688,917 | +€55,398 | +3.4% |
| Stocks and contracts in progress | 3 | €12,409 | €15,789 | +€3,380 | +27.2% |
| Stocks | 30/36 | €12,409 | €15,789 | +€3,380 | +27.2% |
| Amounts receivable within one year | 40/41 | €793,489 | €707,661 | -€85,828 | -10.8% |
| Trade receivables | 40 | €711,039 | €666,658 | -€44,381 | -6.2% |
| Other amounts receivable | 41 | €82,450 | €41,003 | -€41,447 | -50.3% |
| Current investments | 50/53 | €203,328 | €208,264 | +€4,936 | +2.4% |
| Cash at bank and in hand | 54/58 | €584,607 | €660,009 | +€75,402 | +12.9% |
| Deferred charges and accrued income | 490/1 | €39,686 | €97,194 | +€57,508 | +144.9% |
| Total equity and liabilities | 10/49 | €2,313,867 | €2,475,712 | +€161,845 | +7.0% |
| Equity | 10/15 | €232,407 | €301,269 | +€68,862 | +29.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €212,407 | €281,269 | +€68,862 | +32.4% |
| Distributable reserves | 133 | €212,407 | €281,269 | +€68,862 | +32.4% |
| Amounts payable | 17/49 | €2,081,461 | €2,174,443 | +€92,983 | +4.5% |
| Amounts payable after more than one year | 17 | €447,189 | €333,629 | -€113,560 | -25.4% |
| Financial debts | 170/4 | €446,564 | €333,629 | -€112,935 | -25.3% |
| Other amounts payable | 178/9 | €625 | - | -€625 | |
| Amounts payable within one year | 42/48 | €1,071,500 | €1,214,326 | +€142,826 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €173,533 | €219,632 | +€46,099 | +26.6% |
| Financial debts | 43 | €75,000 | - | -€75,000 | |
| Credit institutions | 430/8 | €75,000 | - | -€75,000 | |
| Trade debts | 44 | €543,776 | €408,080 | -€135,696 | -25.0% |
| Suppliers | 440/4 | €543,776 | €408,080 | -€135,696 | -25.0% |
| Taxes, remuneration and social security | 45 | €278,692 | €426,614 | +€147,922 | +53.1% |
| Taxes | 450/3 | €92,827 | €99,788 | +€6,961 | +7.5% |
| Remuneration and social security | 454/9 | €185,865 | €326,826 | +€140,962 | +75.8% |
| Other amounts payable | 47/48 | €499 | €160,000 | +€159,501 | +31982.8% |
| Accrued charges and deferred income | 492/3 | €562,772 | €626,488 | +€63,716 | +11.3% |
| Non-recurring operating income | 76A | €1,735 | €4,121 | +€2,385 | +137.5% |
| Remuneration, social security and pensions | 62 | €2,123,320 | €2,313,011 | +€189,691 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,143 | €165,002 | +€79,859 | +93.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,805 | +€2,805 | |
| Other operating charges | 640/8 | €9,053 | €16,639 | +€7,586 | +83.8% |
| Non-recurring operating charges | 66A | €280 | €503 | +€223 | +79.6% |
| Gross operating margin | 9900 | €2,301,227 | €2,832,772 | +€531,545 | +23.1% |
| Operating profit (loss) | 9901 | €83,432 | €334,812 | +€251,380 | +301.3% |
| Financial income | 75/76B | €4,628 | €7,450 | +€2,821 | +61.0% |
| Recurring financial income | 75 | €4,628 | €7,450 | +€2,821 | +61.0% |
| Financial charges | 65/66B | €58,836 | €77,020 | +€18,184 | +30.9% |
| Recurring financial charges | 65 | €58,836 | €77,020 | +€18,184 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €29,224 | €265,242 | +€236,017 | +807.6% |
| Income taxes | 67/77 | €7,691 | €36,379 | +€28,688 | +373.0% |
| Profit (loss) for the period | 9904 | €21,533 | €228,862 | +€207,329 | +962.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,533 | €228,862 | +€207,329 | +962.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.