TRAXIO: 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.
TRAXIO
Largest movements
- Receivables within one year +€420,289
up €420,289 (+43.8%), from €958,555 to €1.4m
of which Trade receivables: +€437,410
- Current investments +€292,577
up €292,577 (+16.2%), from €1.8m to €2.1m
- Cash +€209,358
up €209,358 (+16.4%), from €1.3m to €1.5m
mainly Depreciation (+€323,880) and Net result for the year (+€280,446)
- Tangible fixed assets -€128,355
down €128,355 (-4.2%), from €3.1m to €2.9m
of which Land and buildings: -€142,640
- Tax, wage and social debts +€243,104
up €243,104 (+68.7%), from €353,958 to €597,062
of which Taxes: +€121,909
- Contributions +€194,301
up €194,301 (+19.6%), from €992,516 to €1.2m
- Profit (loss) carried forward +€161,471
up €161,471 (+4.3%), from €3.8m to €3.9m
- Accrued charges and deferred income +€85,349
up €85,349 (+6.3%), from €1.4m to €1.4m
- Gross operating margin +€554,596
up €554,596 (+14.2%), from €3.9m to €4.5m
- Staff costs +€285,921
up €285,921 (+8.7%), from €3.3m to €3.6m
- Financial charges +€96,719
up €96,719, from -€58,305 to €38,414
of which Financial charges: +€66,719
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 | €7,399,887 | €8,099,802 | +€699,916 | +9.5% |
| Fixed assets | 21/28 | €3,316,852 | €3,110,057 | -€206,794 | -6.2% |
| Intangible fixed assets | 21 | €246,287 | €166,496 | -€79,791 | -32.4% |
| Tangible fixed assets | 22/27 | €3,065,424 | €2,937,068 | -€128,355 | -4.2% |
| Land and buildings | 22 | €3,012,456 | €2,869,816 | -€142,640 | -4.7% |
| Plant, machinery and equipment | 23 | €22,624 | €35,205 | +€12,581 | +55.6% |
| Furniture and vehicles | 24 | €30,343 | €32,047 | +€1,704 | +5.6% |
| Financial fixed assets | 28 | €5,141 | €6,493 | +€1,352 | +26.3% |
| Current assets | 29/58 | €4,083,035 | €4,989,745 | +€906,710 | +22.2% |
| Amounts receivable within one year | 40/41 | €958,555 | €1,378,844 | +€420,289 | +43.8% |
| Trade receivables | 40 | €934,930 | €1,372,340 | +€437,410 | +46.8% |
| Other amounts receivable | 41 | €23,625 | €6,504 | -€17,122 | -72.5% |
| Current investments | 50/53 | €1,806,740 | €2,099,318 | +€292,577 | +16.2% |
| Cash at bank and in hand | 54/58 | €1,273,897 | €1,483,254 | +€209,358 | +16.4% |
| Deferred charges and accrued income | 490/1 | €43,843 | €28,330 | -€15,514 | -35.4% |
| Total equity and liabilities | 10/49 | €7,399,887 | €8,099,802 | +€699,916 | +9.5% |
| Equity | 10/15 | €5,235,724 | €5,591,496 | +€355,772 | +6.8% |
| Contributions | 10/11 | €992,516 | €1,186,817 | +€194,301 | +19.6% |
| Capital | 10 | €992,516 | €1,186,817 | +€194,301 | +19.6% |
| Reserves | 13 | €458,934 | €458,934 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,784,274 | €3,945,745 | +€161,471 | +4.3% |
| Amounts payable | 17/49 | €2,164,163 | €2,508,306 | +€344,143 | +15.9% |
| Amounts payable after more than one year | 17 | €11,382 | €0 | -€11,382 | -100.0% |
| Financial debts | 170/4 | €11,382 | €0 | -€11,382 | -100.0% |
| Amounts payable within one year | 42/48 | €799,785 | €1,069,961 | +€270,176 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €19,324 | €11,382 | -€7,942 | -41.1% |
| Trade debts | 44 | €426,503 | €461,517 | +€35,014 | +8.2% |
| Suppliers | 440/4 | €426,503 | €461,517 | +€35,014 | +8.2% |
| Taxes, remuneration and social security | 45 | €353,958 | €597,062 | +€243,104 | +68.7% |
| Taxes | 450/3 | €39,113 | €161,022 | +€121,909 | +311.7% |
| Remuneration and social security | 454/9 | €314,845 | €436,040 | +€121,195 | +38.5% |
| Accrued charges and deferred income | 492/3 | €1,352,996 | €1,438,345 | +€85,349 | +6.3% |
| Non-recurring operating income | 76A | €0 | €8,479 | +€8,479 | |
| Remuneration, social security and pensions | 62 | €3,304,604 | €3,590,525 | +€285,921 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €317,315 | €323,880 | +€6,565 | +2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €222,511 | €217,733 | -€4,778 | -2.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €3,898,444 | €4,453,039 | +€554,596 | +14.2% |
| Operating profit (loss) | 9901 | €54,014 | €320,902 | +€266,888 | +494.1% |
| Financial income | 75/76B | €1,420 | €3,218 | +€1,798 | +126.6% |
| Recurring financial income | 75 | €1,420 | €3,218 | +€1,798 | +126.6% |
| Financial charges | 65/66B | -€58,305 | €38,414 | +€96,719 | |
| Recurring financial charges | 65 | -€58,305 | €8,414 | +€66,719 | |
| Non-recurring financial charges | 66B | - | €30,000 | +€30,000 | |
| Profit (loss) for the period before taxes | 9903 | €113,739 | €285,706 | +€171,967 | +151.2% |
| Income taxes | 67/77 | €3,602 | €5,260 | +€1,658 | +46.0% |
| Profit (loss) for the period | 9904 | €110,137 | €280,446 | +€170,309 | +154.6% |
| Profit (loss) for the period to be appropriated | 9905 | €110,137 | €280,446 | +€170,309 | +154.6% |
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 30 September 2026 via checked.be.