TRAITS: what changed
Two fiscal 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.
TRAITS
Largest movements
- Cash +€9,166
up €9,166 (+24.7%), from €37,086 to €46,252
mainly Depreciation (+€4,694) and Net result for the year (+€3,267)
- Tangible fixed assets -€3,146
down €3,146 (-37.8%), from €8,315 to €5,169
of which Furniture and vehicles: -€2,663
- Receivables within one year -€3,085
down €3,085 (-20.2%), from €15,242 to €12,157
of which Trade receivables: -€6,160
- Intangible fixed assets -€1,548
down €1,548 (-47.9%), from €3,232 to €1,684
- Tax, wage and social debts -€3,519
down €3,519 (-21.9%), from €16,061 to €12,541
- Reserves +€3,267
up €3,267 (+11.5%), from €28,508 to €31,775
- Trade debts +€1,659
up €1,659 (+207.5%), from €799 to €2,458
- Gross operating margin -€16,633
down €16,633 (-59.6%), from €27,893 to €11,260
- Taxes -€4,969
down €4,969 (-61.0%), from €8,146 to €3,177
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 | €63,968 | €65,375 | +€1,406 | +2.2% |
| Fixed assets | 21/28 | €11,548 | €6,853 | -€4,694 | -40.7% |
| Intangible fixed assets | 21 | €3,232 | €1,684 | -€1,548 | -47.9% |
| Tangible fixed assets | 22/27 | €8,315 | €5,169 | -€3,146 | -37.8% |
| Plant, machinery and equipment | 23 | €502 | €35 | -€468 | -93.1% |
| Furniture and vehicles | 24 | €7,797 | €5,135 | -€2,663 | -34.1% |
| Other tangible fixed assets | 26 | €16 | - | -€16 | |
| Current assets | 29/58 | €52,421 | €58,521 | +€6,101 | +11.6% |
| Amounts receivable within one year | 40/41 | €15,242 | €12,157 | -€3,085 | -20.2% |
| Trade receivables | 40 | €9,202 | €3,042 | -€6,160 | -66.9% |
| Other amounts receivable | 41 | €6,040 | €9,115 | +€3,075 | +50.9% |
| Cash at bank and in hand | 54/58 | €37,086 | €46,252 | +€9,166 | +24.7% |
| Deferred charges and accrued income | 490/1 | €93 | €112 | +€19 | +20.3% |
| Total equity and liabilities | 10/49 | €63,968 | €65,375 | +€1,406 | +2.2% |
| Equity | 10/15 | €47,108 | €50,375 | +€3,267 | +6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,508 | €31,775 | +€3,267 | +11.5% |
| Distributable reserves | 133 | €28,508 | €31,775 | +€3,267 | +11.5% |
| Amounts payable | 17/49 | €16,860 | €14,999 | -€1,861 | -11.0% |
| Amounts payable within one year | 42/48 | €16,860 | €14,999 | -€1,861 | -11.0% |
| Trade debts | 44 | €799 | €2,458 | +€1,659 | +207.5% |
| Suppliers | 440/4 | €799 | €2,458 | +€1,659 | +207.5% |
| Taxes, remuneration and social security | 45 | €16,061 | €12,541 | -€3,519 | -21.9% |
| Taxes | 450/3 | €16,061 | €12,541 | -€3,519 | -21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,929 | €4,694 | -€234 | -4.8% |
| Other operating charges | 640/8 | €387 | €397 | +€10 | +2.5% |
| Gross operating margin | 9900 | €27,893 | €11,260 | -€16,633 | -59.6% |
| Operating profit (loss) | 9901 | €22,577 | €6,169 | -€16,408 | -72.7% |
| Financial income | 75/76B | €186 | €370 | +€184 | +99.3% |
| Recurring financial income | 75 | €186 | €370 | +€184 | +99.3% |
| Financial charges | 65/66B | €104 | €94 | -€9 | -8.8% |
| Recurring financial charges | 65 | €104 | €94 | -€9 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €22,659 | €6,444 | -€16,215 | -71.6% |
| Income taxes | 67/77 | €8,146 | €3,177 | -€4,969 | -61.0% |
| Profit (loss) for the period | 9904 | €14,513 | €3,267 | -€11,246 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,513 | €3,267 | -€11,246 | -77.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.