Tragioia: 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.
Tragioia
Largest movements
- Cash -€91,996
down €91,996 (-100.0%), from €92,006 to €10
mainly Debts after one year (-€222,868) and Net result for the year (-€84,465)
- Tangible fixed assets -€37,239
down €37,239 (-7.0%), from €534,009 to €496,770
of which Plant, machinery and equipment: -€21,257
- Debts after one year -€222,868
down €222,868 (-45.3%), from €492,076 to €269,208
of which Other amounts payable: -€200,000
- Contributions +€200,000
up €200,000 (+1075.3%), from €18,600 to €218,600
- Profit (loss) carried forward -€84,465
down €84,465 (-158.4%), from -€53,334 to -€137,799
- Other debts -€23,829
down €23,829 (-15.4%), from €154,288 to €130,459
- Financial income -€26,989
down €26,989 (-99.4%), from €27,142 to €153
of which Non-recurring financial income: -€27,000
- Other operating charges -€2,091
down €2,091 (-44.6%), from €4,692 to €2,601
- Gross operating margin +€1,857
up €1,857 (+4.8%), from -€39,104 to -€37,246
- Financial charges -€1,356
down €1,356 (-15.6%), from €8,711 to €7,355
- Depreciation +€558
up €558 (+1.5%), from €36,681 to €37,239
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 | €637,095 | €510,244 | -€126,850 | -19.9% |
| Fixed assets | 21/28 | €534,009 | €496,770 | -€37,239 | -7.0% |
| Tangible fixed assets | 22/27 | €534,009 | €496,770 | -€37,239 | -7.0% |
| Land and buildings | 22 | €437,320 | €421,968 | -€15,352 | -3.5% |
| Plant, machinery and equipment | 23 | €94,906 | €73,649 | -€21,257 | -22.4% |
| Furniture and vehicles | 24 | €1,783 | €1,153 | -€631 | -35.4% |
| Current assets | 29/58 | €103,086 | €13,475 | -€89,611 | -86.9% |
| Amounts receivable within one year | 40/41 | €6,318 | €9,702 | +€3,384 | +53.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €6,318 | €9,702 | +€3,384 | +53.6% |
| Cash at bank and in hand | 54/58 | €92,006 | €10 | -€91,996 | -100.0% |
| Deferred charges and accrued income | 490/1 | €4,761 | €3,762 | -€999 | -21.0% |
| Total equity and liabilities | 10/49 | €637,095 | €510,244 | -€126,850 | -19.9% |
| Equity | 10/15 | -€32,874 | €82,661 | +€115,535 | |
| Contributions | 10/11 | €18,600 | €218,600 | +€200,000 | +1075.3% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,334 | -€137,799 | -€84,465 | -158.4% |
| Amounts payable | 17/49 | €669,969 | €427,584 | -€242,385 | -36.2% |
| Amounts payable after more than one year | 17 | €492,076 | €269,208 | -€222,868 | -45.3% |
| Financial debts | 170/4 | €163,486 | €140,618 | -€22,868 | -14.0% |
| Other amounts payable | 178/9 | €328,590 | €128,590 | -€200,000 | -60.9% |
| Amounts payable within one year | 42/48 | €177,893 | €158,376 | -€19,517 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €21,994 | €22,868 | +€874 | +4.0% |
| Financial debts | 43 | €0 | €593 | +€593 | |
| Credit institutions | 430/8 | €0 | €593 | +€593 | |
| Trade debts | 44 | €1,467 | €4,324 | +€2,857 | +194.7% |
| Suppliers | 440/4 | €1,467 | €4,324 | +€2,857 | +194.7% |
| Taxes, remuneration and social security | 45 | €143 | €131 | -€12 | -8.4% |
| Taxes | 450/3 | €143 | €131 | -€12 | -8.4% |
| Other amounts payable | 47/48 | €154,288 | €130,459 | -€23,829 | -15.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,681 | €37,239 | +€558 | +1.5% |
| Other operating charges | 640/8 | €4,692 | €2,601 | -€2,091 | -44.6% |
| Gross operating margin | 9900 | -€39,104 | -€37,246 | +€1,857 | +4.8% |
| Operating profit (loss) | 9901 | -€80,477 | -€77,086 | +€3,390 | +4.2% |
| Financial income | 75/76B | €27,142 | €153 | -€26,989 | -99.4% |
| Recurring financial income | 75 | €142 | €153 | +€11 | +7.9% |
| Non-recurring financial income | 76B | €27,000 | €0 | -€27,000 | -100.0% |
| Financial charges | 65/66B | €8,711 | €7,355 | -€1,356 | -15.6% |
| Recurring financial charges | 65 | €8,711 | €7,355 | -€1,356 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | -€62,046 | -€84,288 | -€22,243 | -35.8% |
| Income taxes | 67/77 | €186 | €177 | -€9 | -5.0% |
| Profit (loss) for the period | 9904 | -€62,232 | -€84,465 | -€22,233 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,232 | -€84,465 | -€22,233 | -35.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.