TRAFIQURAIL: 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.
TRAFIQURAIL
Largest movements
- Cash +€2.5m
up €2.5m (+373%), from €670,065 to €3.2m
mainly Accrued charges and deferred income (+€1.6m) and Net result for the year (+€792,591)
- Receivables within one year +€587,083
up €587,083 (+280%), from €209,483 to €796,566
of which Trade receivables: +€608,146
- Accrued charges and deferred income +€1.6m
up €1.6m (+459,121%), from €353 to €1.6m
- Trade debts +€726,768
up €726,768 (+1,762%), from €41,238 to €768,005
- Other debts +€402,522
new in 2024: €402,522
- Profit (loss) carried forward +€302,711
up €302,711 (+60.2%), from €503,005 to €805,717
- Tax, wage and social debts +€228,171
up €228,171 (+2,483%), from €9,191 to €237,362
of which Taxes: +€228,175
- Gross operating margin +€887,235
up €887,235 (+372%), from €238,228 to €1.1m
- Taxes +€239,407
up €239,407 (+396%), from €60,453 to €299,860
- Financial charges +€22,827
up €22,827 (+409%), from €5,587 to €28,414
- Financial income +€15,737
up €15,737 (+222%), from €7,090 to €22,827
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €960,658 | €4,029,443 | +€3.1m | +319% |
| Fixed assets | 21/28 | €79,123 | €59,748 | -€19,375 | -24.5% |
| Intangible fixed assets | 21 | €1,182 | €832 | -€350 | -29.6% |
| Tangible fixed assets | 22/27 | €77,941 | €58,915 | -€19,025 | -24.4% |
| Plant, machinery and equipment | 23 | €2,071 | €2,292 | +€221 | +10.7% |
| Furniture and vehicles | 24 | €75,869 | €56,623 | -€19,246 | -25.4% |
| Current assets | 29/58 | €881,535 | €3,969,696 | +€3.1m | +350% |
| Amounts receivable within one year | 40/41 | €209,483 | €796,566 | +€587,083 | +280% |
| Trade receivables | 40 | €145,771 | €753,917 | +€608,146 | +417% |
| Other amounts receivable | 41 | €63,713 | €42,650 | -€21,063 | -33.1% |
| Cash at bank and in hand | 54/58 | €670,065 | €3,172,550 | +€2.5m | +373% |
| Deferred charges and accrued income | 490/1 | €1,987 | €579 | -€1,408 | -70.8% |
| Total equity and liabilities | 10/49 | €960,658 | €4,029,443 | +€3.1m | +319% |
| Equity | 10/15 | €527,245 | €836,105 | +€308,860 | +58.6% |
| Contributions | 10/11 | €12,401 | €18,550 | +€6,149 | +49.6% |
| Reserves | 13 | €11,838 | €11,838 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,838 | €1,838 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,838 | €1,838 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €503,005 | €805,717 | +€302,711 | +60.2% |
| Amounts payable | 17/49 | €433,414 | €3,193,338 | +€2.8m | +637% |
| Amounts payable after more than one year | 17 | €41,410 | €29,326 | -€12,084 | -29.2% |
| Financial debts | 170/4 | €41,410 | €29,326 | -€12,084 | -29.2% |
| Amounts payable within one year | 42/48 | €391,650 | €1,543,190 | +€1.2m | +294% |
| Current portion of amounts payable after more than one year | 42 | €11,530 | €12,084 | +€554 | +4.8% |
| Trade debts | 44 | €41,238 | €768,005 | +€726,768 | +1,762% |
| Suppliers | 440/4 | €41,238 | €768,005 | +€726,768 | +1,762% |
| Advances received on contracts in progress | 46 | €329,692 | €123,218 | -€206,474 | -62.6% |
| Taxes, remuneration and social security | 45 | €9,191 | €237,362 | +€228,171 | +2,483% |
| Taxes | 450/3 | €9,187 | €237,362 | +€228,175 | +2,484% |
| Remuneration and social security | 454/9 | €4 | - | -€4 | |
| Other amounts payable | 47/48 | - | €402,522 | +€402,522 | |
| Accrued charges and deferred income | 492/3 | €353 | €1,620,822 | +€1.6m | +459,121% |
| Remuneration, social security and pensions | 62 | - | €6,068 | +€6,068 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,187 | €20,457 | +€5,270 | +34.7% |
| Other operating charges | 640/8 | €6,565 | €899 | -€5,666 | -86.3% |
| Gross operating margin | 9900 | €238,228 | €1,125,463 | +€887,235 | +372% |
| Operating profit (loss) | 9901 | €216,476 | €1,098,039 | +€881,562 | +407% |
| Financial income | 75/76B | €7,090 | €22,827 | +€15,737 | +222% |
| Recurring financial income | 75 | €7,090 | €22,827 | +€15,737 | +222% |
| Financial charges | 65/66B | €5,587 | €28,414 | +€22,827 | +409% |
| Recurring financial charges | 65 | €5,587 | €28,414 | +€22,827 | +409% |
| Profit (loss) for the period before taxes | 9903 | €217,980 | €1,092,451 | +€874,471 | +401% |
| Income taxes | 67/77 | €60,453 | €299,860 | +€239,407 | +396% |
| Profit (loss) for the period | 9904 | €157,527 | €792,591 | +€635,064 | +403% |
| Profit (loss) for the period to be appropriated | 9905 | €157,527 | €792,591 | +€635,064 | +403% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.