TRAMEYS: 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.
TRAMEYS
Largest movements
- Tangible fixed assets -€163,235
down €163,235 (-85.3%), from €191,274 to €28,040
of which Leasing and similar rights: -€101,597
- Receivables within one year +€87,770
up €87,770 (+28.7%), from €306,100 to €393,870
of which Trade receivables: +€81,030
- Deferred charges and accrued income -€19,347
down €19,347 (-40.1%), from €48,207 to €28,860
- Cash -€13,944
down €13,944 (-4.0%), from €350,911 to €336,967
mainly Receivables within one year (-€87,770) and Debts after one year (-€62,494)
- Debts after one year -€62,494
down €62,494 (-100%), from €62,494 to €0
- Current portion of long-term debt -€42,293
down €42,293 (-100%), from €42,293 to €0
- Trade debts -€38,379
down €38,379 (-42.0%), from €91,443 to €53,065
- Tax, wage and social debts +€20,724
up €20,724 (+51.2%), from €40,488 to €61,212
of which Taxes: +€23,628
- Profit (loss) carried forward +€14,815
up €14,815 (+6.7%), from €221,379 to €236,193
- Gross operating margin -€195,547
down €195,547 (-53.5%), from €365,462 to €169,916
- Depreciation -€43,363
down €43,363 (-66.4%), from €65,327 to €21,964
- Other operating charges -€20,015
down €20,015 (-52.9%), from €37,818 to €17,804
- Staff costs -€8,614
down €8,614 (-7.6%), from €113,492 to €104,878
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
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 | €896,493 | €787,736 | -€108,757 | -12.1% |
| Fixed assets | 21/28 | €191,274 | €28,040 | -€163,235 | -85.3% |
| Tangible fixed assets | 22/27 | €191,274 | €28,040 | -€163,235 | -85.3% |
| Plant, machinery and equipment | 23 | €1,045 | €789 | -€256 | -24.5% |
| Furniture and vehicles | 24 | €88,632 | €27,251 | -€61,382 | -69.3% |
| Leasing and similar rights | 25 | €101,597 | €0 | -€101,597 | -100% |
| Current assets | 29/58 | €705,218 | €759,696 | +€54,478 | +7.7% |
| Amounts receivable within one year | 40/41 | €306,100 | €393,870 | +€87,770 | +28.7% |
| Trade receivables | 40 | €306,083 | €387,113 | +€81,030 | +26.5% |
| Other amounts receivable | 41 | €17 | €6,757 | +€6,740 | +39,645% |
| Cash at bank and in hand | 54/58 | €350,911 | €336,967 | -€13,944 | -4.0% |
| Deferred charges and accrued income | 490/1 | €48,207 | €28,860 | -€19,347 | -40.1% |
| Total equity and liabilities | 10/49 | €896,493 | €787,736 | -€108,757 | -12.1% |
| Equity | 10/15 | €398,248 | €413,063 | +€14,815 | +3.7% |
| Contributions | 10/11 | €7,610 | €7,610 | = | 0.0% |
| Reserves | 13 | €169,259 | €169,259 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €117,400 | €117,400 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €221,379 | €236,193 | +€14,815 | +6.7% |
| Amounts payable | 17/49 | €498,244 | €374,673 | -€123,571 | -24.8% |
| Amounts payable after more than one year | 17 | €62,494 | €0 | -€62,494 | -100% |
| Financial debts | 170/4 | €62,494 | €0 | -€62,494 | -100% |
| Amounts payable within one year | 42/48 | €435,750 | €374,673 | -€61,077 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €42,293 | €0 | -€42,293 | -100% |
| Trade debts | 44 | €91,443 | €53,065 | -€38,379 | -42.0% |
| Suppliers | 440/4 | €91,443 | €53,065 | -€38,379 | -42.0% |
| Taxes, remuneration and social security | 45 | €40,488 | €61,212 | +€20,724 | +51.2% |
| Taxes | 450/3 | €31,678 | €55,306 | +€23,628 | +74.6% |
| Remuneration and social security | 454/9 | €8,811 | €5,906 | -€2,904 | -33.0% |
| Other amounts payable | 47/48 | €261,526 | €260,396 | -€1,129 | -0.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €18,394 | €86,044 | +€67,649 | +368% |
| Remuneration, social security and pensions | 62 | €113,492 | €104,878 | -€8,614 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,327 | €21,964 | -€43,363 | -66.4% |
| Other operating charges | 640/8 | €37,818 | €17,804 | -€20,015 | -52.9% |
| Non-recurring operating charges | 66A | - | €1,762 | +€1,762 | |
| Gross operating margin | 9900 | €365,462 | €169,916 | -€195,547 | -53.5% |
| Operating profit (loss) | 9901 | €148,826 | €23,509 | -€125,317 | -84.2% |
| Financial income | 75/76B | €2,655 | €0 | -€2,655 | -100% |
| Recurring financial income | 75 | €2,655 | €0 | -€2,655 | -100% |
| Financial charges | 65/66B | €6,008 | €3,751 | -€2,257 | -37.6% |
| Recurring financial charges | 65 | €6,008 | €3,751 | -€2,257 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €145,473 | €19,758 | -€125,715 | -86.4% |
| Income taxes | 67/77 | €575 | €3,243 | +€2,668 | +464% |
| Profit (loss) for the period | 9904 | €144,898 | €16,515 | -€128,383 | -88.6% |
| Profit (loss) for the period to be appropriated | 9905 | €144,898 | €16,515 | -€128,383 | -88.6% |
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 18 October 2026 via checked.be.