TRAXIS: 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.
TRAXIS
Largest movements
- Tangible fixed assets +€16,726
up €16,726 (+182.4%), from €9,168 to €25,894
of which Furniture and vehicles: +€21,950
- Current assets -€9,687
down €9,687 (-20.1%), from €48,246 to €38,559
of which Cash: -€12,736
- Debts +€39,174
up €39,174 (+51.0%), from €76,811 to €115,985
- Equity -€32,359
down €32,359 (-27.9%), from €115,827 to €83,468
of which Profit (loss) carried forward: -€16,510
- Staff costs +€21,499
new in 2022: €21,499
- Gross operating margin -€17,898
down €17,898 (-36.5%), from €49,044 to €31,146
- Taxes -€4,498
down €4,498 (-95.9%), from €4,689 to €191
- Depreciation +€3,054
up €3,054 (+85.9%), from €3,557 to €6,611
From the 2020 result to the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €192,638 | €199,453 | +€6,816 | +3.5% |
| Fixed assets | 21/28 | €144,392 | €160,894 | +€16,502 | +11.4% |
| Tangible fixed assets | 22/27 | €9,168 | €25,894 | +€16,726 | +182.4% |
| Land and buildings | 22 | - | €2,318 | +€2,318 | |
| Plant, machinery and equipment | 23 | - | €1,626 | +€1,626 | |
| Furniture and vehicles | 24 | - | €21,950 | +€21,950 | |
| Financial fixed assets | 28 | €135,223 | €135,000 | -€223 | -0.2% |
| Current assets | 29/58 | €48,246 | €38,559 | -€9,687 | -20.1% |
| Amounts receivable within one year | 40/41 | €33,816 | €36,907 | +€3,091 | +9.1% |
| Trade receivables | 40 | - | €36,907 | +€36,907 | |
| Cash at bank and in hand | 54/58 | €12,985 | €249 | -€12,736 | -98.1% |
| Deferred charges and accrued income | 490/1 | - | €1,403 | +€1,403 | |
| Total equity and liabilities | 10/49 | €192,638 | €199,453 | +€6,816 | +3.5% |
| Equity | 10/15 | €115,827 | €83,468 | -€32,359 | -27.9% |
| Contributions | 10/11 | - | €6,199 | +€6,199 | |
| Reserves | 13 | €109,627 | €93,779 | -€15,849 | -14.5% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €91,919 | +€91,919 | |
| Profit (loss) carried forward | 14 | - | -€16,510 | -€16,510 | |
| Amounts payable | 17/49 | €76,811 | €115,985 | +€39,174 | +51.0% |
| Amounts payable within one year | 42/48 | €76,532 | €115,985 | +€39,453 | +51.6% |
| Financial debts | 43 | - | €18 | +€18 | |
| Credit institutions | 430/8 | - | €18 | +€18 | |
| Trade debts | 44 | €10,921 | €21,630 | +€10,709 | +98.1% |
| Suppliers | 440/4 | - | €21,630 | +€21,630 | |
| Taxes, remuneration and social security | 45 | - | €13,675 | +€13,675 | |
| Taxes | 450/3 | - | €8,860 | +€8,860 | |
| Remuneration and social security | 454/9 | - | €4,814 | +€4,814 | |
| Other amounts payable | 47/48 | - | €80,663 | +€80,663 | |
| Remuneration, social security and pensions | 62 | - | €21,499 | +€21,499 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,557 | €6,611 | +€3,054 | +85.9% |
| Other operating charges | 640/8 | - | €286 | +€286 | |
| Gross operating margin | 9900 | €49,044 | €31,146 | -€17,898 | -36.5% |
| Operating profit (loss) | 9901 | €16,160 | €2,750 | -€13,411 | -83.0% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | €0 | €15 | +€15 | +72600.0% |
| Financial charges | 65/66B | - | €459 | +€459 | |
| Recurring financial charges | 65 | €1,863 | €459 | -€1,404 | -75.4% |
| Profit (loss) for the period before taxes | 9903 | €14,297 | €2,305 | -€11,992 | -83.9% |
| Income taxes | 67/77 | €4,689 | €191 | -€4,498 | -95.9% |
| Profit (loss) for the period | 9904 | €9,608 | €2,114 | -€7,494 | -78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,608 | €2,114 | -€7,494 | -78.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.