TRAXUS: 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.
TRAXUS
Largest movements
- Receivables within one year +€91,772
up €91,772 (+25.3%), from €362,678 to €454,450
of which Other amounts receivable: +€124,910
- Tangible fixed assets +€55,884
up €55,884 (+444.6%), from €12,568 to €68,452
of which Furniture and vehicles: +€56,846
- Cash +€52,364
up €52,364 (+30.5%), from €171,664 to €224,028
mainly Net result for the year (+€84,088) and Trade debts (+€70,728)
- Deferred charges and accrued income +€17,409
up €17,409 (+124.3%), from €14,002 to €31,412
- Profit (loss) carried forward +€84,088
up €84,088 (+30.4%), from €276,455 to €360,543
- Trade debts +€70,728
up €70,728 (+759.8%), from €9,309 to €80,037
- Tax, wage and social debts +€30,017
up €30,017 (+20.9%), from €143,581 to €173,598
of which Remuneration and social security: +€19,618
- Debts after one year +€25,060
new in 2025: €25,060
- Gross operating margin +€21,222
up €21,222 (+2.6%), from €809,188 to €830,410
- Staff costs +€8,740
up €8,740 (+1.3%), from €691,695 to €700,435
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.
Cash bridge derived
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 | €568,950 | €785,520 | +€216,570 | +38.1% |
| Fixed assets | 21/28 | €14,973 | €70,498 | +€55,525 | +370.8% |
| Intangible fixed assets | 21 | €590 | €231 | -€359 | -60.8% |
| Tangible fixed assets | 22/27 | €12,568 | €68,452 | +€55,884 | +444.6% |
| Plant, machinery and equipment | 23 | €7,939 | €6,977 | -€962 | -12.1% |
| Furniture and vehicles | 24 | €4,629 | €61,475 | +€56,846 | +1228.0% |
| Financial fixed assets | 28 | €1,815 | €1,815 | = | 0.0% |
| Current assets | 29/58 | €553,977 | €715,022 | +€161,045 | +29.1% |
| Amounts receivable after more than one year | 29 | €5,632 | €5,132 | -€500 | -8.9% |
| Other amounts receivable | 291 | €5,632 | €5,132 | -€500 | -8.9% |
| Amounts receivable within one year | 40/41 | €362,678 | €454,450 | +€91,772 | +25.3% |
| Trade receivables | 40 | €150,574 | €117,436 | -€33,138 | -22.0% |
| Other amounts receivable | 41 | €212,104 | €337,014 | +€124,910 | +58.9% |
| Cash at bank and in hand | 54/58 | €171,664 | €224,028 | +€52,364 | +30.5% |
| Deferred charges and accrued income | 490/1 | €14,002 | €31,412 | +€17,409 | +124.3% |
| Total equity and liabilities | 10/49 | €568,950 | €785,520 | +€216,570 | +38.1% |
| Equity | 10/15 | €416,060 | €500,148 | +€84,088 | +20.2% |
| Contributions | 10/11 | €133,455 | €133,455 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Contributions outside capital | 11 | €71,955 | €71,955 | = | 0.0% |
| Other | 1109/19 | €71,955 | €71,955 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €276,455 | €360,543 | +€84,088 | +30.4% |
| Amounts payable | 17/49 | €152,890 | €285,372 | +€132,482 | +86.7% |
| Amounts payable after more than one year | 17 | - | €25,060 | +€25,060 | |
| Financial debts | 170/4 | - | €25,060 | +€25,060 | |
| Amounts payable within one year | 42/48 | €152,890 | €260,312 | +€107,422 | +70.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,677 | +€6,677 | |
| Trade debts | 44 | €9,309 | €80,037 | +€70,728 | +759.8% |
| Suppliers | 440/4 | €9,309 | €80,037 | +€70,728 | +759.8% |
| Taxes, remuneration and social security | 45 | €143,581 | €173,598 | +€30,017 | +20.9% |
| Taxes | 450/3 | €53,077 | €63,476 | +€10,399 | +19.6% |
| Remuneration and social security | 454/9 | €90,504 | €110,122 | +€19,618 | +21.7% |
| Non-recurring operating income | 76A | - | €7,240 | +€7,240 | |
| Remuneration, social security and pensions | 62 | €691,695 | €700,435 | +€8,740 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,120 | €12,845 | +€5,725 | +80.4% |
| Other operating charges | 640/8 | €4,529 | €1,971 | -€2,558 | -56.5% |
| Gross operating margin | 9900 | €809,188 | €830,410 | +€21,222 | +2.6% |
| Operating profit (loss) | 9901 | €105,844 | €115,159 | +€9,315 | +8.8% |
| Financial income | 75/76B | €7 | €1,543 | +€1,536 | +21944.1% |
| Recurring financial income | 75 | €7 | €1,543 | +€1,536 | +21944.1% |
| Financial charges | 65/66B | €1,961 | €1,225 | -€736 | -37.5% |
| Recurring financial charges | 65 | €1,961 | €1,225 | -€736 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €103,889 | €115,477 | +€11,587 | +11.2% |
| Income taxes | 67/77 | €34,446 | €31,389 | -€3,057 | -8.9% |
| Profit (loss) for the period | 9904 | €69,443 | €84,088 | +€14,645 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €69,443 | €84,088 | +€14,645 | +21.1% |
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 9 October 2026 via checked.be.