TRAJECT A+: 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.
TRAJECT A+
Largest movements
- Receivables within one year -€83,129
down €83,129 (-86.9%), from €95,685 to €12,556
of which Trade receivables: -€81,784
- Trade debts -€157,980
down €157,980 (-99.3%), from €159,111 to €1,131
- Other debts +€107,251
up €107,251 (+255%), from €42,121 to €149,372
- Profit (loss) carried forward -€30,369
down €30,369 (-19.7%), from -€153,781 to -€184,150
- Short-term financial debts -€2,003
down €2,003 (-7.3%), from €27,443 to €25,441
- Other operating charges +€12,809
up €12,809 (+3,103%), from €413 to €13,222
- Gross operating margin -€11,036
down €11,036 (-345%), from -€3,194 to -€14,230
- Purchases and services -€4,794
no longer reported in 2025 (was €4,794)
- Turnover -€1,600
no longer reported in 2025 (was €1,600)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,685 | €12,556 | -€83,129 | -86.9% |
| Current assets | 29/58 | €95,685 | €12,556 | -€83,129 | -86.9% |
| Amounts receivable within one year | 40/41 | €95,685 | €12,556 | -€83,129 | -86.9% |
| Trade receivables | 40 | €91,981 | €10,196 | -€81,784 | -88.9% |
| Other amounts receivable | 41 | €3,705 | €2,360 | -€1,345 | -36.3% |
| Total equity and liabilities | 10/49 | €95,685 | €12,556 | -€83,129 | -86.9% |
| Equity | 10/15 | -€133,321 | -€163,690 | -€30,369 | -22.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€153,781 | -€184,150 | -€30,369 | -19.7% |
| Amounts payable | 17/49 | €229,006 | €176,246 | -€52,760 | -23.0% |
| Amounts payable within one year | 42/48 | €229,006 | €176,246 | -€52,760 | -23.0% |
| Financial debts | 43 | €27,443 | €25,441 | -€2,003 | -7.3% |
| Credit institutions | 430/8 | €27,443 | €25,441 | -€2,003 | -7.3% |
| Trade debts | 44 | €159,111 | €1,131 | -€157,980 | -99.3% |
| Suppliers | 440/4 | €159,111 | €1,131 | -€157,980 | -99.3% |
| Taxes, remuneration and social security | 45 | €330 | €303 | -€28 | -8.4% |
| Taxes | 450/3 | €330 | €303 | -€28 | -8.4% |
| Other amounts payable | 47/48 | €42,121 | €149,372 | +€107,251 | +255% |
| Turnover | 70 | €1,600 | - | -€1,600 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,794 | - | -€4,794 | |
| Other operating charges | 640/8 | €413 | €13,222 | +€12,809 | +3,103% |
| Gross operating margin | 9900 | -€3,194 | -€14,230 | -€11,036 | -345% |
| Operating profit (loss) | 9901 | -€3,607 | -€27,452 | -€23,845 | -661% |
| Financial charges | 65/66B | €2,879 | €2,741 | -€138 | -4.8% |
| Recurring financial charges | 65 | €2,879 | €2,741 | -€138 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,486 | -€30,193 | -€23,706 | -365% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€6,661 | -€30,369 | -€23,708 | -356% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,661 | -€30,369 | -€23,708 | -356% |
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 14 October 2026 via checked.be.