TRATSAERT IVAN: 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.
TRATSAERT IVAN
Largest movements
- Receivables within one year +€7,555
up €7,555 (+30.0%), from €25,178 to €32,733
- Cash -€3,176
down €3,176 (-97.7%), from €3,252 to €76
mainly Receivables within one year (-€7,555) and Trade debts (-€609)
- Tangible fixed assets -€1,091
down €1,091 (-50.0%), from €2,182 to €1,091
- Profit (loss) carried forward +€2,519
up €2,519 (+20.3%), from -€12,398 to -€9,879
- Tax, wage and social debts +€753
new in 2025: €753
- Other debts +€625
up €625 (+4.0%), from €15,643 to €16,268
- Trade debts -€609
down €609 (-97.3%), from €626 to €17
- Gross operating margin +€9,203
up €9,203, from -€2,148 to €7,055
- Turnover +€5,644
up €5,644 (+20.9%), from €27,014 to €32,658
- Purchases and services -€3,559
down €3,559 (-12.2%), from €29,162 to €25,603
- Other operating charges +€2,458
up €2,458 (+260%), from €945 to €3,403
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 | €36,610 | €39,898 | +€3,288 | +9.0% |
| Fixed assets | 21/28 | €2,182 | €1,091 | -€1,091 | -50.0% |
| Tangible fixed assets | 22/27 | €2,182 | €1,091 | -€1,091 | -50.0% |
| Land and buildings | 22 | €2,182 | €1,091 | -€1,091 | -50.0% |
| Current assets | 29/58 | €34,428 | €38,807 | +€4,379 | +12.7% |
| Stocks and contracts in progress | 3 | €5,998 | €5,998 | = | 0.0% |
| Stocks | 30/36 | €5,998 | €5,998 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,178 | €32,733 | +€7,555 | +30.0% |
| Trade receivables | 40 | €25,178 | €32,733 | +€7,555 | +30.0% |
| Cash at bank and in hand | 54/58 | €3,252 | €76 | -€3,176 | -97.7% |
| Total equity and liabilities | 10/49 | €36,610 | €39,898 | +€3,288 | +9.0% |
| Equity | 10/15 | €20,341 | €22,860 | +€2,519 | +12.4% |
| Contributions | 10/11 | €26,050 | €26,050 | = | 0.0% |
| Capital | 10 | €26,050 | €26,050 | = | 0.0% |
| Issued capital | 100 | €26,050 | €26,050 | = | 0.0% |
| Reserves | 13 | €6,689 | €6,689 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,605 | €2,605 | = | 0.0% |
| Legal reserve | 130 | €2,605 | €2,605 | = | 0.0% |
| Distributable reserves | 133 | €4,084 | €4,084 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,398 | -€9,879 | +€2,519 | +20.3% |
| Amounts payable | 17/49 | €16,269 | €17,038 | +€769 | +4.7% |
| Amounts payable within one year | 42/48 | €16,269 | €17,038 | +€769 | +4.7% |
| Trade debts | 44 | €626 | €17 | -€609 | -97.3% |
| Suppliers | 440/4 | €626 | €17 | -€609 | -97.3% |
| Taxes, remuneration and social security | 45 | - | €753 | +€753 | |
| Taxes | 450/3 | - | €753 | +€753 | |
| Other amounts payable | 47/48 | €15,643 | €16,268 | +€625 | +4.0% |
| Turnover | 70 | €27,014 | €32,658 | +€5,644 | +20.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €29,162 | €25,603 | -€3,559 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,091 | €1,091 | = | 0.0% |
| Other operating charges | 640/8 | €945 | €3,403 | +€2,458 | +260% |
| Gross operating margin | 9900 | -€2,148 | €7,055 | +€9,203 | |
| Operating profit (loss) | 9901 | -€4,184 | €2,561 | +€6,745 | |
| Financial income | 75/76B | €67 | - | -€67 | |
| Recurring financial income | 75 | €67 | - | -€67 | |
| Financial charges | 65/66B | €216 | €42 | -€174 | -80.6% |
| Recurring financial charges | 65 | €39 | €42 | +€3 | +7.7% |
| Non-recurring financial charges | 66B | €177 | - | -€177 | |
| Profit (loss) for the period before taxes | 9903 | -€4,333 | €2,519 | +€6,852 | |
| Profit (loss) for the period | 9904 | -€4,333 | €2,519 | +€6,852 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,333 | €2,519 | +€6,852 |
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 15 October 2026 via checked.be.