TRAGELSPORT: 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.
TRAGELSPORT
Largest movements
- Tangible fixed assets -€36,326
down €36,326 (-3.6%), from €999,904 to €963,577
- Cash +€33,005
up €33,005 (+43.2%), from €76,378 to €109,383
mainly Depreciation (+€36,326) and Receivables within one year (+€14,441)
- Receivables within one year -€14,441
down €14,441 (-92.3%), from €15,651 to €1,210
of which Trade receivables: -€14,441
- Revaluation surpluses -€33,976
down €33,976 (-3.6%), from €956,389 to €922,413
- Profit (loss) carried forward +€11,029
up €11,029 (+6.1%), from -€182,133 to -€171,104
- Gross operating margin -€10,586
down €10,586 (-19.0%), from €55,770 to €45,184
- Other operating charges -€994
down €994 (-3.1%), from €32,473 to €31,480
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 | €1,093,648 | €1,076,358 | -€17,290 | -1.6% |
| Fixed assets | 21/28 | €999,904 | €963,577 | -€36,326 | -3.6% |
| Tangible fixed assets | 22/27 | €999,904 | €963,577 | -€36,326 | -3.6% |
| Land and buildings | 22 | €999,904 | €963,577 | -€36,326 | -3.6% |
| Current assets | 29/58 | €93,745 | €112,781 | +€19,036 | +20.3% |
| Amounts receivable within one year | 40/41 | €15,651 | €1,210 | -€14,441 | -92.3% |
| Trade receivables | 40 | €14,441 | €0 | -€14,441 | -100% |
| Other amounts receivable | 41 | €1,210 | €1,210 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €76,378 | €109,383 | +€33,005 | +43.2% |
| Deferred charges and accrued income | 490/1 | €1,716 | €2,188 | +€472 | +27.5% |
| Total equity and liabilities | 10/49 | €1,093,648 | €1,076,358 | -€17,290 | -1.6% |
| Equity | 10/15 | €1,093,303 | €1,070,356 | -€22,947 | -2.1% |
| Contributions | 10/11 | €297,472 | €297,472 | = | 0.0% |
| Capital | 10 | €297,472 | €297,472 | = | 0.0% |
| Issued capital | 100 | €297,472 | €297,472 | = | 0.0% |
| Revaluation surpluses | 12 | €956,389 | €922,413 | -€33,976 | -3.6% |
| Reserves | 13 | €21,575 | €21,575 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,575 | €21,575 | = | 0.0% |
| Legal reserve | 130 | €21,575 | €21,575 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€182,133 | -€171,104 | +€11,029 | +6.1% |
| Amounts payable | 17/49 | €345 | €6,002 | +€5,656 | +1,638% |
| Amounts payable within one year | 42/48 | €345 | €3,814 | +€3,469 | +1,004% |
| Trade debts | 44 | €345 | €3,814 | +€3,469 | +1,004% |
| Suppliers | 440/4 | €345 | €3,814 | +€3,469 | +1,004% |
| Accrued charges and deferred income | 492/3 | - | €2,188 | +€2,188 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,758 | €36,326 | -€432 | -1.2% |
| Other operating charges | 640/8 | €32,473 | €31,480 | -€994 | -3.1% |
| Gross operating margin | 9900 | €55,770 | €45,184 | -€10,586 | -19.0% |
| Operating profit (loss) | 9901 | -€13,461 | -€22,621 | -€9,160 | -68.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €618 | €325 | -€293 | -47.4% |
| Recurring financial charges | 65 | €618 | €325 | -€293 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,079 | -€22,947 | -€8,867 | -63.0% |
| Profit (loss) for the period | 9904 | -€14,079 | -€22,947 | -€8,867 | -63.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,079 | -€22,947 | -€8,867 | -63.0% |
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 26 October 2026 via checked.be.