TRASCO-SER: 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.
TRASCO-SER
Largest movements
- Cash -€43,125
down €43,125 (-64.6%), from €66,718 to €23,593
mainly Contributions, distributions and other (-€68,500) and Tax, wage and social debts (-€13,970)
- Receivables within one year -€26,075
down €26,075 (-24.5%), from €106,476 to €80,401
of which Other amounts receivable: -€21,874
- Receivables after one year -€25,000
down €25,000 (-100%), from €25,000 to €0
- Profit (loss) carried forward -€39,270
down €39,270 (-70.3%), from €55,894 to €16,624
- Contributions -€30,658
down €30,658 (-55.0%), from €55,776 to €25,118
- Tax, wage and social debts -€13,970
down €13,970 (-88.4%), from €15,809 to €1,839
of which Taxes: -€12,270
- Reserves -€7,119
down €7,119 (-11.1%), from €64,332 to €57,212
of which Non-distributable reserves: -€9,296
- Other debts -€4,171
down €4,171 (-48.3%), from €8,627 to €4,456
- Gross operating margin -€39,396
down €39,396, from €34,278 to -€5,118
- Taxes -€9,273
down €9,273 (-100%), from €9,273 to €0
- Other operating charges +€1,405
up €1,405 (+217%), from €648 to €2,053
- Financial income -€670
down €670 (-100.0%), from €670 to €0
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 | €201,322 | €106,456 | -€94,866 | -47.1% |
| Fixed assets | 21/28 | €2,426 | €1,448 | -€977 | -40.3% |
| Tangible fixed assets | 22/27 | €2,426 | €1,448 | -€977 | -40.3% |
| Plant, machinery and equipment | 23 | €618 | €267 | -€352 | -56.9% |
| Furniture and vehicles | 24 | €1,807 | €1,182 | -€625 | -34.6% |
| Current assets | 29/58 | €198,897 | €105,008 | -€93,889 | -47.2% |
| Amounts receivable after more than one year | 29 | €25,000 | €0 | -€25,000 | -100% |
| Other amounts receivable | 291 | €25,000 | €0 | -€25,000 | -100% |
| Amounts receivable within one year | 40/41 | €106,476 | €80,401 | -€26,075 | -24.5% |
| Trade receivables | 40 | €84,602 | €80,401 | -€4,201 | -5.0% |
| Other amounts receivable | 41 | €21,874 | €0 | -€21,874 | -100% |
| Cash at bank and in hand | 54/58 | €66,718 | €23,593 | -€43,125 | -64.6% |
| Deferred charges and accrued income | 490/1 | €703 | €1,014 | +€311 | +44.2% |
| Total equity and liabilities | 10/49 | €201,322 | €106,456 | -€94,866 | -47.1% |
| Equity | 10/15 | €176,002 | €98,954 | -€77,048 | -43.8% |
| Contributions | 10/11 | €55,776 | €25,118 | -€30,658 | -55.0% |
| Reserves | 13 | €64,332 | €57,212 | -€7,119 | -11.1% |
| Non-distributable reserves | 130/1 | €9,296 | €0 | -€9,296 | -100% |
| Reserves not available under the articles | 1311 | €9,296 | €0 | -€9,296 | -100% |
| Distributable reserves | 133 | €55,036 | €57,212 | +€2,177 | +4.0% |
| Profit (loss) carried forward | 14 | €55,894 | €16,624 | -€39,270 | -70.3% |
| Amounts payable | 17/49 | €25,320 | €7,502 | -€17,819 | -70.4% |
| Amounts payable within one year | 42/48 | €25,099 | €7,306 | -€17,793 | -70.9% |
| Trade debts | 44 | €663 | €1,011 | +€348 | +52.5% |
| Suppliers | 440/4 | €663 | €1,011 | +€348 | +52.5% |
| Taxes, remuneration and social security | 45 | €15,809 | €1,839 | -€13,970 | -88.4% |
| Taxes | 450/3 | €14,109 | €1,839 | -€12,270 | -87.0% |
| Remuneration and social security | 454/9 | €1,700 | €0 | -€1,700 | -100% |
| Other amounts payable | 47/48 | €8,627 | €4,456 | -€4,171 | -48.3% |
| Accrued charges and deferred income | 492/3 | €221 | €196 | -€26 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,219 | €977 | -€242 | -19.9% |
| Other operating charges | 640/8 | €648 | €2,053 | +€1,405 | +217% |
| Gross operating margin | 9900 | €34,278 | -€5,118 | -€39,396 | |
| Operating profit (loss) | 9901 | €32,411 | -€8,148 | -€40,559 | |
| Financial income | 75/76B | €670 | €0 | -€670 | -100.0% |
| Recurring financial income | 75 | €670 | €0 | -€670 | -100.0% |
| Financial charges | 65/66B | €413 | €400 | -€13 | -3.2% |
| Recurring financial charges | 65 | €413 | €400 | -€13 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €32,668 | -€8,548 | -€41,216 | |
| Income taxes | 67/77 | €9,273 | €0 | -€9,273 | -100% |
| Profit (loss) for the period | 9904 | €23,395 | -€8,548 | -€31,943 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,395 | -€8,548 | -€31,943 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.