TRAICAR: what changed
What changed
TRAICAR
NACE 10.311, Manufacture of food products
filed annual accounts (NBB)
Net result for the year
€299,913
2024 · €188,091+€111,822
Equity
€1.0m
2024 · €747,437+€299,913
Cash
€210,782
2024 · €790,322-€579,540
Balance sheet total
€4.0m
2024 · €3.7m+€217,384
Largest movements
Assets
- Stocks and contracts +€953,174
up €953,174 (+133%), from €716,451 to €1.7m
- Cash -€579,540
down €579,540 (-73.3%), from €790,322 to €210,782
mainly Stocks and contracts (-€953,174) and Trade debts (-€258,246)
- Receivables within one year -€297,162
down €297,162 (-22.2%), from €1.3m to €1.0m
of which Trade receivables: -€180,247
- Tangible fixed assets +€109,913
up €109,913 (+23.6%), from €464,826 to €574,739
of which Leasing and similar rights: +€128,452
Equity and liabilities
- Profit (loss) carried forward +€299,913
up €299,913 (+121%), from €248,624 to €548,537
- Trade debts -€258,246
down €258,246 (-31.0%), from €833,392 to €575,145
- Debts after one year +€172,616
up €172,616 (+37.9%), from €454,907 to €627,523
- Current portion of long-term debt -€160,862
down €160,862 (-48.4%), from €332,237 to €171,375
- Tax, wage and social debts +€141,631
up €141,631 (+114%), from €123,816 to €265,448
of which Taxes: +€136,095
Income statement
- Gross operating margin +€494,999
up €494,999 (+22.4%), from €2.2m to €2.7m
- Staff costs +€263,368
up €263,368 (+15.9%), from €1.7m to €1.9m
- Write-downs -€121,433
down €121,433, from €50,472 to -€70,961
- Other operating charges +€110,325
up €110,325 (+769%), from €14,349 to €124,674
- Taxes +€51,963
up €51,963 (+66.1%), from €78,652 to €130,615
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€188,091
Gross operating margin
+€494,999
Staff costs
-€263,368
Depreciation
-€40,642
Write-downs
+€121,433
Other operating charges
-€110,325
Other operating items
+€3,805
Financial income
-€499
Financial charges
-€41,619
Taxes
-€51,963
Result 2025
€299,913
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€333,676
Investment
-€231,289
Financing
-€14,575
Cash 2024
€790,322
From operations (derived)
-€333,676
Net result for the year
+€299,913
Depreciation
+€126,337
Stocks and contracts
-€953,174
Receivables within one year
+€297,162
Deferred charges and accrued income
-€35,959
Trade debts
-€258,246
Tax, wage and social debts
+€141,631
Other debts
+€48,661
Investment (derived)
-€231,289
Investment in fixed assets (net)
-€231,289
Financing
-€14,575
Debts after one year
+€172,616
Current portion of long-term debt
-€160,862
Short-term financial debts
-€26,328
Cash 2025
€210,782
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,749,242 | €3,966,626 | +€217,384 | +5.8% |
| Fixed assets | 21/28 | €506,205 | €611,158 | +€104,952 | +20.7% |
| Intangible fixed assets | 21 | €9,389 | €6,428 | -€2,961 | -31.5% |
| Tangible fixed assets | 22/27 | €464,826 | €574,739 | +€109,913 | +23.6% |
| Land and buildings | 22 | €144,570 | €137,410 | -€7,160 | -5.0% |
| Plant, machinery and equipment | 23 | €209,458 | €220,231 | +€10,773 | +5.1% |
| Furniture and vehicles | 24 | €68,227 | €46,075 | -€22,152 | -32.5% |
| Leasing and similar rights | 25 | €42,571 | €171,022 | +€128,452 | +302% |
| Financial fixed assets | 28 | €31,991 | €29,991 | -€2,000 | -6.3% |
| Current assets | 29/58 | €3,243,037 | €3,355,469 | +€112,431 | +3.5% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Trade receivables | 290 | €250,000 | €250,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €716,451 | €1,669,625 | +€953,174 | +133% |
| Stocks | 30/36 | €716,451 | €1,669,625 | +€953,174 | +133% |
| Amounts receivable within one year | 40/41 | €1,336,265 | €1,039,103 | -€297,162 | -22.2% |
| Trade receivables | 40 | €1,104,181 | €923,934 | -€180,247 | -16.3% |
| Other amounts receivable | 41 | €232,083 | €115,169 | -€116,914 | -50.4% |
| Cash at bank and in hand | 54/58 | €790,322 | €210,782 | -€579,540 | -73.3% |
| Deferred charges and accrued income | 490/1 | €150,000 | €185,959 | +€35,959 | +24.0% |
| Total equity and liabilities | 10/49 | €3,749,242 | €3,966,626 | +€217,384 | +5.8% |
| Equity | 10/15 | €747,437 | €1,047,350 | +€299,913 | +40.1% |
| Contributions | 10/11 | €111,400 | €111,400 | = | 0.0% |
| Reserves | 13 | €387,413 | €387,413 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,140 | €11,140 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,600 | €5,600 | = | 0.0% |
| Other | 1319 | €5,540 | €5,540 | = | 0.0% |
| Distributable reserves | 133 | €376,273 | €376,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | €248,624 | €548,537 | +€299,913 | +121% |
| Amounts payable | 17/49 | €3,001,805 | €2,919,276 | -€82,529 | -2.7% |
| Amounts payable after more than one year | 17 | €454,907 | €627,523 | +€172,616 | +37.9% |
| Financial debts | 170/4 | €454,907 | €627,523 | +€172,616 | +37.9% |
| Amounts payable within one year | 42/48 | €2,546,899 | €2,291,754 | -€255,145 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €332,237 | €171,375 | -€160,862 | -48.4% |
| Financial debts | 43 | €538,352 | €512,024 | -€26,328 | -4.9% |
| Credit institutions | 430/8 | €538,352 | €512,024 | -€26,328 | -4.9% |
| Trade debts | 44 | €833,392 | €575,145 | -€258,246 | -31.0% |
| Suppliers | 440/4 | €833,392 | €575,145 | -€258,246 | -31.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €123,816 | €265,448 | +€141,631 | +114% |
| Taxes | 450/3 | - | €136,095 | +€136,095 | |
| Remuneration and social security | 454/9 | €123,816 | €129,353 | +€5,536 | +4.5% |
| Other amounts payable | 47/48 | €719,101 | €767,762 | +€48,661 | +6.8% |
| Non-recurring operating income | 76A | €0 | €26,358 | +€26,358 | |
| Remuneration, social security and pensions | 62 | €1,661,492 | €1,924,860 | +€263,368 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,695 | €126,337 | +€40,642 | +47.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €50,472 | -€70,961 | -€121,433 | |
| Other operating charges | 640/8 | €14,349 | €124,674 | +€110,325 | +769% |
| Non-recurring operating charges | 66A | €3,805 | €0 | -€3,805 | -100% |
| Gross operating margin | 9900 | €2,209,499 | €2,704,498 | +€494,999 | +22.4% |
| Operating profit (loss) | 9901 | €393,686 | €599,589 | +€205,903 | +52.3% |
| Financial income | 75/76B | €915 | €416 | -€499 | -54.5% |
| Recurring financial income | 75 | €915 | €416 | -€499 | -54.5% |
| Financial charges | 65/66B | €127,857 | €169,476 | +€41,619 | +32.6% |
| Recurring financial charges | 65 | €127,857 | €169,476 | +€41,619 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | €266,743 | €430,528 | +€163,785 | +61.4% |
| Income taxes | 67/77 | €78,652 | €130,615 | +€51,963 | +66.1% |
| Profit (loss) for the period | 9904 | €188,091 | €299,913 | +€111,822 | +59.5% |
| Profit (loss) for the period to be appropriated | 9905 | €188,091 | €299,913 | +€111,822 | +59.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.