Trafilaco: 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.
Trafilaco
Largest movements
- Cash +€69,586
up €69,586 (+79.9%), from €87,122 to €156,708
mainly Other debts (+€43,840) and Investment in fixed assets (net) (+€41,648)
- Tangible fixed assets -€44,369
down €44,369 (-68.6%), from €64,697 to €20,327
of which Plant, machinery and equipment: -€42,209
- Receivables within one year +€1,940
up €1,940 (+15.6%), from €12,446 to €14,387
of which Other amounts receivable: +€1,577
- Other debts +€43,840
up €43,840 (+5262.9%), from €833 to €44,673
- Reserves -€24,995
down €24,995 (-33.2%), from €75,220 to €50,225
- Tax, wage and social debts +€9,007
up €9,007 (+583.3%), from €1,544 to €10,552
- Depreciation -€11,193
down €11,193 (-80.4%), from €13,914 to €2,721
- Gross operating margin -€5,682
down €5,682 (-14.6%), from €38,874 to €33,192
- Taxes +€1,341
up €1,341 (+16.7%), from €8,005 to €9,346
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 | €167,022 | €194,031 | +€27,009 | +16.2% |
| Fixed assets | 21/28 | €67,030 | €22,661 | -€44,369 | -66.2% |
| Tangible fixed assets | 22/27 | €64,697 | €20,327 | -€44,369 | -68.6% |
| Plant, machinery and equipment | 23 | €45,241 | €3,032 | -€42,209 | -93.3% |
| Furniture and vehicles | 24 | €255 | €17,295 | +€17,040 | +6687.8% |
| Other tangible fixed assets | 26 | €19,201 | - | -€19,201 | |
| Financial fixed assets | 28 | €2,333 | €2,333 | = | 0.0% |
| Current assets | 29/58 | €99,992 | €171,370 | +€71,378 | +71.4% |
| Amounts receivable within one year | 40/41 | €12,446 | €14,387 | +€1,940 | +15.6% |
| Trade receivables | 40 | €8,228 | €8,591 | +€363 | +4.4% |
| Other amounts receivable | 41 | €4,218 | €5,796 | +€1,577 | +37.4% |
| Cash at bank and in hand | 54/58 | €87,122 | €156,708 | +€69,586 | +79.9% |
| Deferred charges and accrued income | 490/1 | €424 | €276 | -€148 | -34.9% |
| Total equity and liabilities | 10/49 | €167,022 | €194,031 | +€27,009 | +16.2% |
| Equity | 10/15 | €164,498 | €138,671 | -€25,828 | -15.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €75,220 | €50,225 | -€24,995 | -33.2% |
| Distributable reserves | 133 | €75,220 | €50,225 | -€24,995 | -33.2% |
| Profit (loss) carried forward | 14 | €70,686 | €69,853 | -€833 | -1.2% |
| Amounts payable | 17/49 | €2,524 | €55,360 | +€52,837 | +2093.7% |
| Amounts payable within one year | 42/48 | €2,512 | €55,360 | +€52,848 | +2103.5% |
| Trade debts | 44 | €135 | €136 | +€1 | +0.7% |
| Suppliers | 440/4 | €135 | €136 | +€1 | +0.7% |
| Taxes, remuneration and social security | 45 | €1,544 | €10,552 | +€9,007 | +583.3% |
| Taxes | 450/3 | €1,544 | €10,552 | +€9,007 | +583.3% |
| Other amounts payable | 47/48 | €833 | €44,673 | +€43,840 | +5262.9% |
| Accrued charges and deferred income | 492/3 | €11 | - | -€11 | |
| Non-recurring operating income | 76A | - | €2,158 | +€2,158 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,914 | €2,721 | -€11,193 | -80.4% |
| Other operating charges | 640/8 | €449 | €502 | +€53 | +11.8% |
| Non-recurring operating charges | 66A | - | €2,556 | +€2,556 | |
| Gross operating margin | 9900 | €38,874 | €33,192 | -€5,682 | -14.6% |
| Operating profit (loss) | 9901 | €24,511 | €27,412 | +€2,901 | +11.8% |
| Financial income | 75/76B | €694 | €813 | +€119 | +17.1% |
| Recurring financial income | 75 | €694 | €813 | +€119 | +17.1% |
| Financial charges | 65/66B | €45 | €34 | -€11 | -25.0% |
| Recurring financial charges | 65 | €45 | €34 | -€11 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €25,160 | €28,191 | +€3,031 | +12.0% |
| Income taxes | 67/77 | €8,005 | €9,346 | +€1,341 | +16.7% |
| Profit (loss) for the period | 9904 | €17,155 | €18,845 | +€1,690 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,155 | €18,845 | +€1,690 | +9.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.