Traversalgo: 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.
Traversalgo
Largest movements
- Current investments +€64,352
up €64,352 (+15.0%), from €429,868 to €494,220
- Cash +€48,471
up €48,471 (+47.2%), from €102,767 to €151,238
mainly Net result for the year (+€109,955) and Depreciation (+€47,340)
- Intangible fixed assets -€36,124
down €36,124 (-28.1%), from €128,530 to €92,406
- Receivables within one year +€16,525
up €16,525 (+29.5%), from €55,957 to €72,483
- Reserves +€109,122
up €109,122 (+18.4%), from €592,481 to €701,603
of which Distributable reserves: +€109,122
- Other debts -€25,911
down €25,911 (-24.0%), from €108,064 to €82,153
- Tax, wage and social debts +€11,945
up €11,945 (+38.8%), from €30,753 to €42,699
of which Taxes: +€7,703
- Debts after one year -€11,094
down €11,094 (-70.3%), from €15,772 to €4,678
- Gross operating margin +€44,178
up €44,178 (+23.2%), from €190,412 to €234,590
- Taxes +€18,665
up €18,665 (+69.5%), from €26,847 to €45,512
- Financial charges -€7,566
down €7,566 (-17.4%), from €43,583 to €36,017
- Depreciation -€5,829
down €5,829 (-11.0%), from €53,169 to €47,340
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €785,068 | €872,687 | +€87,619 | +11.2% |
| Fixed assets | 21/28 | €160,399 | €118,059 | -€42,340 | -26.4% |
| Intangible fixed assets | 21 | €128,530 | €92,406 | -€36,124 | -28.1% |
| Tangible fixed assets | 22/27 | €30,039 | €23,823 | -€6,216 | -20.7% |
| Plant, machinery and equipment | 23 | €1,436 | - | -€1,436 | |
| Furniture and vehicles | 24 | €28,603 | €23,823 | -€4,780 | -16.7% |
| Financial fixed assets | 28 | €1,830 | €1,830 | = | 0.0% |
| Current assets | 29/58 | €624,669 | €754,629 | +€129,959 | +20.8% |
| Amounts receivable within one year | 40/41 | €55,957 | €72,483 | +€16,525 | +29.5% |
| Trade receivables | 40 | €55,957 | €72,483 | +€16,525 | +29.5% |
| Current investments | 50/53 | €429,868 | €494,220 | +€64,352 | +15.0% |
| Cash at bank and in hand | 54/58 | €102,767 | €151,238 | +€48,471 | +47.2% |
| Deferred charges and accrued income | 490/1 | €36,076 | €36,688 | +€612 | +1.7% |
| Total equity and liabilities | 10/49 | €785,068 | €872,687 | +€87,619 | +11.2% |
| Equity | 10/15 | €604,881 | €714,003 | +€109,122 | +18.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €592,481 | €701,603 | +€109,122 | +18.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €590,621 | €699,743 | +€109,122 | +18.5% |
| Amounts payable | 17/49 | €180,187 | €158,684 | -€21,503 | -11.9% |
| Amounts payable after more than one year | 17 | €15,772 | €4,678 | -€11,094 | -70.3% |
| Financial debts | 170/4 | €15,772 | €4,678 | -€11,094 | -70.3% |
| Amounts payable within one year | 42/48 | €154,330 | €141,784 | -€12,545 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €10,908 | €11,094 | +€186 | +1.7% |
| Trade debts | 44 | €4,604 | €5,839 | +€1,235 | +26.8% |
| Suppliers | 440/4 | €4,604 | €5,839 | +€1,235 | +26.8% |
| Taxes, remuneration and social security | 45 | €30,753 | €42,699 | +€11,945 | +38.8% |
| Taxes | 450/3 | €29,229 | €36,932 | +€7,703 | +26.4% |
| Remuneration and social security | 454/9 | €1,524 | €5,767 | +€4,243 | +278.4% |
| Other amounts payable | 47/48 | €108,064 | €82,153 | -€25,911 | -24.0% |
| Accrued charges and deferred income | 492/3 | €10,086 | €12,222 | +€2,136 | +21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,169 | €47,340 | -€5,829 | -11.0% |
| Other operating charges | 640/8 | €936 | €764 | -€172 | -18.4% |
| Gross operating margin | 9900 | €190,412 | €234,590 | +€44,178 | +23.2% |
| Operating profit (loss) | 9901 | €136,307 | €186,486 | +€50,179 | +36.8% |
| Financial income | 75/76B | €4,813 | €4,998 | +€184 | +3.8% |
| Recurring financial income | 75 | €4,813 | €4,998 | +€184 | +3.8% |
| Financial charges | 65/66B | €43,583 | €36,017 | -€7,566 | -17.4% |
| Recurring financial charges | 65 | €43,583 | €36,017 | -€7,566 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €97,538 | €155,467 | +€57,929 | +59.4% |
| Income taxes | 67/77 | €26,847 | €45,512 | +€18,665 | +69.5% |
| Profit (loss) for the period | 9904 | €70,691 | €109,955 | +€39,264 | +55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €70,691 | €109,955 | +€39,264 | +55.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.