Trayl: 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.
Trayl
Largest movements
- Cash +€37,923
up €37,923 (+86.2%), from €43,986 to €81,909
mainly Net result for the year (+€33,983) and Debts after one year (+€25,500)
- Receivables within one year -€14,972
down €14,972 (-33.7%), from €44,387 to €29,414
of which Trade receivables: -€12,822
- Debts after one year +€25,500
new in 2025: €25,500
- Trade debts -€10,121
down €10,121 (-36.5%), from €27,729 to €17,608
- Other debts +€6,918
up €6,918 (+19.6%), from €35,295 to €42,213
- Tax, wage and social debts -€1,404
down €1,404 (-14.4%), from €9,727 to €8,323
- Accrued charges and deferred income +€1,363
new in 2025: €1,363
- Gross operating margin +€15,725
up €15,725 (+41.7%), from €37,680 to €53,405
- Taxes +€3,907
up €3,907 (+49.8%), from €7,849 to €11,756
- Financial charges +€1,372
up €1,372 (+1,308%), from €105 to €1,476
- Depreciation -€1,231
down €1,231 (-17.9%), from €6,894 to €5,663
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 | €98,251 | €120,507 | +€22,256 | +22.7% |
| Fixed assets | 21/28 | €9,878 | €9,069 | -€810 | -8.2% |
| Tangible fixed assets | 22/27 | €9,878 | €9,069 | -€810 | -8.2% |
| Furniture and vehicles | 24 | €9,878 | €9,069 | -€810 | -8.2% |
| Current assets | 29/58 | €88,373 | €111,439 | +€23,066 | +26.1% |
| Amounts receivable within one year | 40/41 | €44,387 | €29,414 | -€14,972 | -33.7% |
| Trade receivables | 40 | €42,236 | €29,414 | -€12,822 | -30.4% |
| Other amounts receivable | 41 | €2,151 | - | -€2,151 | |
| Cash at bank and in hand | 54/58 | €43,986 | €81,909 | +€37,923 | +86.2% |
| Deferred charges and accrued income | 490/1 | - | €115 | +€115 | |
| Total equity and liabilities | 10/49 | €98,251 | €120,507 | +€22,256 | +22.7% |
| Equity | 10/15 | €25,500 | €25,500 | = | 0.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €24,000 | €24,000 | = | 0.0% |
| Distributable reserves | 133 | €24,000 | €24,000 | = | 0.0% |
| Amounts payable | 17/49 | €72,751 | €95,007 | +€22,256 | +30.6% |
| Amounts payable after more than one year | 17 | - | €25,500 | +€25,500 | |
| Other amounts payable | 178/9 | - | €25,500 | +€25,500 | |
| Amounts payable within one year | 42/48 | €72,751 | €68,144 | -€4,607 | -6.3% |
| Trade debts | 44 | €27,729 | €17,608 | -€10,121 | -36.5% |
| Suppliers | 440/4 | €27,729 | €17,608 | -€10,121 | -36.5% |
| Taxes, remuneration and social security | 45 | €9,727 | €8,323 | -€1,404 | -14.4% |
| Taxes | 450/3 | €9,727 | €8,323 | -€1,404 | -14.4% |
| Other amounts payable | 47/48 | €35,295 | €42,213 | +€6,918 | +19.6% |
| Accrued charges and deferred income | 492/3 | - | €1,363 | +€1,363 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,894 | €5,663 | -€1,231 | -17.9% |
| Other operating charges | 640/8 | €576 | €603 | +€26 | +4.6% |
| Gross operating margin | 9900 | €37,680 | €53,405 | +€15,725 | +41.7% |
| Operating profit (loss) | 9901 | €30,209 | €47,139 | +€16,930 | +56.0% |
| Financial income | 75/76B | €92 | €77 | -€15 | -16.5% |
| Recurring financial income | 75 | €92 | €77 | -€15 | -16.5% |
| Financial charges | 65/66B | €105 | €1,476 | +€1,372 | +1,308% |
| Recurring financial charges | 65 | €105 | €1,476 | +€1,372 | +1,308% |
| Profit (loss) for the period before taxes | 9903 | €30,196 | €45,739 | +€15,543 | +51.5% |
| Income taxes | 67/77 | €7,849 | €11,756 | +€3,907 | +49.8% |
| Profit (loss) for the period | 9904 | €22,347 | €33,983 | +€11,637 | +52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,347 | €33,983 | +€11,637 | +52.1% |
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 24 October 2026 via checked.be.