TRALOFOR: 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.
TRALOFOR
Largest movements
- Receivables within one year +€296,629
up €296,629 (+68.3%), from €434,404 to €731,033
of which Trade receivables: +€294,326
- Cash +€98,249
up €98,249 (+71.8%), from €136,838 to €235,087
mainly Trade debts (+€270,038) and Net result for the year (+€132,179)
- Tangible fixed assets +€67,394
up €67,394 (+461.2%), from €14,613 to €82,007
of which Furniture and vehicles: +€61,960
- Trade debts +€270,038
up €270,038 (+56.8%), from €475,242 to €745,280
- Profit (loss) carried forward +€132,179
up €132,179 (+157.7%), from €83,800 to €215,978
- Tax, wage and social debts +€35,481
up €35,481 (+150.6%), from €23,558 to €59,038
of which Taxes: +€35,289
- Debts after one year +€16,015
new in 2024: €16,015
- Current portion of long-term debt +€11,478
new in 2024: €11,478
- Gross operating margin +€78,221
up €78,221 (+72.7%), from €107,539 to €185,760
- Depreciation +€12,807
up €12,807 (+655.4%), from €1,954 to €14,761
- Taxes +€12,095
up €12,095 (+57.7%), from €20,950 to €33,045
- Other operating charges +€4,129
up €4,129 (+721.0%), from €573 to €4,701
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €585,919 | €1,050,790 | +€464,871 | +79.3% |
| Fixed assets | 21/28 | €14,613 | €82,007 | +€67,394 | +461.2% |
| Tangible fixed assets | 22/27 | €14,613 | €82,007 | +€67,394 | +461.2% |
| Plant, machinery and equipment | 23 | €2,208 | €7,642 | +€5,434 | +246.1% |
| Furniture and vehicles | 24 | €12,404 | €74,365 | +€61,960 | +499.5% |
| Current assets | 29/58 | €571,306 | €968,783 | +€397,476 | +69.6% |
| Amounts receivable within one year | 40/41 | €434,404 | €731,033 | +€296,629 | +68.3% |
| Trade receivables | 40 | €429,816 | €724,142 | +€294,326 | +68.5% |
| Other amounts receivable | 41 | €4,588 | €6,891 | +€2,303 | +50.2% |
| Cash at bank and in hand | 54/58 | €136,838 | €235,087 | +€98,249 | +71.8% |
| Deferred charges and accrued income | 490/1 | €64 | €2,663 | +€2,598 | +4036.1% |
| Total equity and liabilities | 10/49 | €585,919 | €1,050,790 | +€464,871 | +79.3% |
| Equity | 10/15 | €86,800 | €218,978 | +€132,179 | +152.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,800 | €215,978 | +€132,179 | +157.7% |
| Amounts payable | 17/49 | €499,119 | €831,811 | +€332,692 | +66.7% |
| Amounts payable after more than one year | 17 | - | €16,015 | +€16,015 | |
| Financial debts | 170/4 | - | €16,015 | +€16,015 | |
| Amounts payable within one year | 42/48 | €498,799 | €815,796 | +€316,997 | +63.6% |
| Current portion of amounts payable after more than one year | 42 | - | €11,478 | +€11,478 | |
| Trade debts | 44 | €475,242 | €745,280 | +€270,038 | +56.8% |
| Suppliers | 440/4 | €475,242 | €745,280 | +€270,038 | +56.8% |
| Taxes, remuneration and social security | 45 | €23,558 | €59,038 | +€35,481 | +150.6% |
| Taxes | 450/3 | €20,950 | €56,238 | +€35,289 | +168.4% |
| Remuneration and social security | 454/9 | €2,608 | €2,800 | +€192 | +7.4% |
| Accrued charges and deferred income | 492/3 | €320 | - | -€320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,954 | €14,761 | +€12,807 | +655.4% |
| Other operating charges | 640/8 | €573 | €4,701 | +€4,129 | +721.0% |
| Gross operating margin | 9900 | €107,539 | €185,760 | +€78,221 | +72.7% |
| Operating profit (loss) | 9901 | €105,013 | €166,298 | +€61,285 | +58.4% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €266 | €1,074 | +€808 | +303.8% |
| Recurring financial charges | 65 | €266 | €1,074 | +€808 | +303.8% |
| Profit (loss) for the period before taxes | 9903 | €104,750 | €165,223 | +€60,474 | +57.7% |
| Income taxes | 67/77 | €20,950 | €33,045 | +€12,095 | +57.7% |
| Profit (loss) for the period | 9904 | €83,800 | €132,179 | +€48,379 | +57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €83,800 | €132,179 | +€48,379 | +57.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.