TRANS ATLANTIC TRADERS: 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.
TRANS ATLANTIC TRADERS
Largest movements
- Receivables within one year +€72,703
up €72,703 (+15.1%), from €480,394 to €553,097
of which Trade receivables: +€68,000
- Tangible fixed assets -€52,413
down €52,413 (-24.3%), from €215,607 to €163,194
of which Land and buildings: -€51,680
- Reserves +€45,736
up €45,736 (+8.5%), from €539,766 to €585,502
of which Distributable reserves: +€45,736
- Current portion of long-term debt -€18,333
down €18,333 (-100%), from €18,333 to €0
- Gross operating margin -€10,049
down €10,049 (-7.6%), from €132,598 to €122,549
- Taxes -€2,284
down €2,284 (-10.7%), from €21,248 to €18,964
- Depreciation -€1,377
down €1,377 (-2.6%), from €53,790 to €52,413
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 | €698,701 | €719,876 | +€21,175 | +3.0% |
| Fixed assets | 21/28 | €215,607 | €163,194 | -€52,413 | -24.3% |
| Tangible fixed assets | 22/27 | €215,607 | €163,194 | -€52,413 | -24.3% |
| Land and buildings | 22 | €214,874 | €163,194 | -€51,680 | -24.1% |
| Plant, machinery and equipment | 23 | €733 | €0 | -€733 | -100% |
| Current assets | 29/58 | €483,094 | €556,682 | +€73,588 | +15.2% |
| Amounts receivable within one year | 40/41 | €480,394 | €553,097 | +€72,703 | +15.1% |
| Trade receivables | 40 | €378,100 | €446,100 | +€68,000 | +18.0% |
| Other amounts receivable | 41 | €102,294 | €106,997 | +€4,703 | +4.6% |
| Cash at bank and in hand | 54/58 | €1,155 | €2,028 | +€873 | +75.6% |
| Deferred charges and accrued income | 490/1 | €1,545 | €1,557 | +€12 | +0.8% |
| Total equity and liabilities | 10/49 | €698,701 | €719,876 | +€21,175 | +3.0% |
| Equity | 10/15 | €676,171 | €714,767 | +€38,597 | +5.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €539,766 | €585,502 | +€45,736 | +8.5% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €529,766 | €575,502 | +€45,736 | +8.6% |
| Investment grants | 15 | €36,404 | €29,266 | -€7,139 | -19.6% |
| Amounts payable | 17/49 | €22,530 | €5,108 | -€17,422 | -77.3% |
| Amounts payable after more than one year | 17 | €2,132 | €2,132 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €2,132 | €2,132 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,398 | €2,976 | -€17,422 | -85.4% |
| Current portion of amounts payable after more than one year | 42 | €18,333 | €0 | -€18,333 | -100% |
| Trade debts | 44 | €2,065 | €2,976 | +€911 | +44.1% |
| Suppliers | 440/4 | €2,065 | €2,976 | +€911 | +44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,790 | €52,413 | -€1,377 | -2.6% |
| Other operating charges | 640/8 | €12,048 | €11,735 | -€313 | -2.6% |
| Gross operating margin | 9900 | €132,598 | €122,549 | -€10,049 | -7.6% |
| Operating profit (loss) | 9901 | €66,760 | €58,401 | -€8,359 | -12.5% |
| Financial income | 75/76B | €7,160 | €7,139 | -€21 | -0.3% |
| Recurring financial income | 75 | €7,160 | €7,139 | -€21 | -0.3% |
| Financial charges | 65/66B | €2,042 | €840 | -€1,202 | -58.9% |
| Recurring financial charges | 65 | €2,042 | €840 | -€1,202 | -58.9% |
| Profit (loss) for the period before taxes | 9903 | €71,877 | €64,699 | -€7,178 | -10.0% |
| Income taxes | 67/77 | €21,248 | €18,964 | -€2,284 | -10.7% |
| Profit (loss) for the period | 9904 | €50,630 | €45,736 | -€4,894 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,630 | €45,736 | -€4,894 | -9.7% |
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.