TRAISNEL: 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.
TRAISNEL
Largest movements
- Current investments -€384,031
down €384,031 (-21.8%), from €1.8m to €1.4m
- Tangible fixed assets -€61,688
down €61,688 (-8.8%), from €700,778 to €639,090
of which Land and buildings: -€48,208
- Profit (loss) carried forward -€481,554
down €481,554 (-100.0%), from €481,554 to €0
- Financial income +€70,076
up €70,076 (+811.6%), from €8,634 to €78,710
- Taxes +€20,933
up €20,933 (+194.1%), from €10,782 to €31,715
- Gross operating margin +€5,807
up €5,807 (+5.3%), from €110,149 to €115,956
- Depreciation +€4,712
up €4,712 (+7.9%), from €59,735 to €64,448
- Financial charges +€4,646
up €4,646 (+251.3%), from €1,848 to €6,494
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 | €2,593,911 | €2,126,867 | -€467,044 | -18.0% |
| Fixed assets | 21/28 | €700,778 | €639,090 | -€61,688 | -8.8% |
| Tangible fixed assets | 22/27 | €700,778 | €639,090 | -€61,688 | -8.8% |
| Land and buildings | 22 | €639,043 | €590,836 | -€48,208 | -7.5% |
| Plant, machinery and equipment | 23 | €2,381 | €3,872 | +€1,491 | +62.6% |
| Furniture and vehicles | 24 | €59,353 | €44,382 | -€14,971 | -25.2% |
| Current assets | 29/58 | €1,893,133 | €1,487,777 | -€405,356 | -21.4% |
| Amounts receivable within one year | 40/41 | €28,676 | €30,031 | +€1,354 | +4.7% |
| Trade receivables | 40 | €9,433 | €19,818 | +€10,385 | +110.1% |
| Other amounts receivable | 41 | €19,243 | €10,213 | -€9,030 | -46.9% |
| Current investments | 50/53 | €1,762,569 | €1,378,538 | -€384,031 | -21.8% |
| Cash at bank and in hand | 54/58 | €99,071 | €76,130 | -€22,941 | -23.2% |
| Deferred charges and accrued income | 490/1 | €2,816 | €3,078 | +€262 | +9.3% |
| Total equity and liabilities | 10/49 | €2,593,911 | €2,126,867 | -€467,044 | -18.0% |
| Equity | 10/15 | €2,577,589 | €2,121,941 | -€455,648 | -17.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,077,435 | €2,103,341 | +€25,906 | +1.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,077,435 | €2,103,341 | +€25,906 | +1.2% |
| Profit (loss) carried forward | 14 | €481,554 | €0 | -€481,554 | -100.0% |
| Amounts payable | 17/49 | €16,322 | €4,926 | -€11,396 | -69.8% |
| Amounts payable within one year | 42/48 | €16,322 | €2,126 | -€14,196 | -87.0% |
| Trade debts | 44 | €3,643 | €200 | -€3,443 | -94.5% |
| Suppliers | 440/4 | €3,643 | €200 | -€3,443 | -94.5% |
| Taxes, remuneration and social security | 45 | €1,032 | €1,926 | +€893 | +86.6% |
| Taxes | 450/3 | €1,032 | €1,926 | +€893 | +86.6% |
| Other amounts payable | 47/48 | €11,647 | €0 | -€11,647 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €2,800 | +€2,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,735 | €64,448 | +€4,712 | +7.9% |
| Other operating charges | 640/8 | €25,603 | €26,229 | +€626 | +2.4% |
| Gross operating margin | 9900 | €110,149 | €115,956 | +€5,807 | +5.3% |
| Operating profit (loss) | 9901 | €24,811 | €25,280 | +€469 | +1.9% |
| Financial income | 75/76B | €8,634 | €78,710 | +€70,076 | +811.6% |
| Recurring financial income | 75 | €8,634 | €78,710 | +€70,076 | +811.6% |
| Financial charges | 65/66B | €1,848 | €6,494 | +€4,646 | +251.3% |
| Recurring financial charges | 65 | €1,848 | €6,494 | +€4,646 | +251.3% |
| Profit (loss) for the period before taxes | 9903 | €31,596 | €97,496 | +€65,899 | +208.6% |
| Income taxes | 67/77 | €10,782 | €31,715 | +€20,933 | +194.1% |
| Profit (loss) for the period | 9904 | €20,814 | €65,780 | +€44,967 | +216.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,814 | €65,780 | +€44,967 | +216.0% |
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 10 October 2026 via checked.be.