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TRAMAZ: 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.

What changed

TRAMAZ

BE 0417.359.623
NACE 52.250, Logistics services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,658
2024 · -€7,301+€5,643
Equity
€52,083
2024 · €53,741-€1,658
Cash
€61
2024 · €1,536-€1,475
Balance sheet total
€64,252
2024 · €65,979-€1,727

Largest movements

2024 to 2025
Assets
  • Cash -€1,475

    down €1,475 (-96.0%), from €1,536 to €61

    mainly Net result for the year (-€1,658) and Trade debts (-€69)

Equity and liabilities
  • Profit (loss) carried forward -€1,658

    down €1,658 (-3.0%), from -€54,397 to -€56,055

Income statement
  • Purchases and services -€8,344

    down €8,344 (-84.4%), from €9,882 to €1,538

  • Gross operating margin +€6,999

    up €6,999 (+82.0%), from -€8,537 to -€1,538

  • Financial income -€1,471

    no longer reported in 2025 (was €1,471)

  • Turnover -€1,345

    no longer reported in 2025 (was €1,345)

  • Taxes -€117

    no longer reported in 2025 (was €117)

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€7,301
Gross operating margin +€6,999
Other operating charges -€2
Financial income -€1,471
Taxes +€117
Result 2025 -€1,658

Cash bridge derived

cash 2024 to 2025

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.

From operations -€1,475
Investment €0
Financing €0
Cash 2024 €1,536
Net result for the year -€1,658
Receivables within one year +€252
Trade debts -€69
Cash 2025 €61
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €65,979 €64,252 -€1,727 -2.6%
Fixed assets 21/28 €20,779 €20,779 = 0.0%
Tangible fixed assets 22/27 €20,000 €20,000 = 0.0%
Other tangible fixed assets 26 €20,000 €20,000 = 0.0%
Financial fixed assets 28 €779 €779 = 0.0%
Current assets 29/58 €45,200 €43,473 -€1,727 -3.8%
Amounts receivable within one year 40/41 €43,664 €43,412 -€252 -0.6%
Trade receivables 40 €40,055 €40,055 = 0.0%
Other amounts receivable 41 €3,609 €3,357 -€252 -7.0%
Cash at bank and in hand 54/58 €1,536 €61 -€1,475 -96.0%
Total equity and liabilities 10/49 €65,979 €64,252 -€1,727 -2.6%
Equity 10/15 €53,741 €52,083 -€1,658 -3.1%
Contributions 10/11 €18,592 €18,592 = 0.0%
Reserves 13 €89,546 €89,546 = 0.0%
Tax-exempt reserves 132 €620 €620 = 0.0%
Distributable reserves 133 €88,926 €88,926 = 0.0%
Profit (loss) carried forward 14 -€54,397 -€56,055 -€1,658 -3.0%
Amounts payable 17/49 €12,238 €12,169 -€69 -0.6%
Amounts payable within one year 42/48 €69 - -€69
Trade debts 44 €69 - -€69
Suppliers 440/4 €69 - -€69
Accrued charges and deferred income 492/3 €12,169 €12,169 = 0.0%
Turnover 70 €1,345 - -€1,345
Goods, raw materials, services and sundry goods 60/61 €9,882 €1,538 -€8,344 -84.4%
Other operating charges 640/8 €118 €120 +€2 +1.7%
Gross operating margin 9900 -€8,537 -€1,538 +€6,999 +82.0%
Operating profit (loss) 9901 -€8,655 -€1,658 +€6,997 +80.8%
Financial income 75/76B €1,471 - -€1,471
Recurring financial income 75 €1,471 - -€1,471
Profit (loss) for the period before taxes 9903 -€7,184 -€1,658 +€5,526 +76.9%
Income taxes 67/77 €117 - -€117
Profit (loss) for the period 9904 -€7,301 -€1,658 +€5,643 +77.3%
Profit (loss) for the period to be appropriated 9905 -€7,301 -€1,658 +€5,643 +77.3%

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 4 October 2026 via checked.be.