TRIDES HOLDING: 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.
TRIDES HOLDING
Largest movements
- Deferred charges and accrued income +€228,202
up €228,202 (+19723.6%), from €1,157 to €229,359
- Financial fixed assets +€177,500
up €177,500 (+82.8%), from €214,275 to €391,775
- Receivables within one year -€155,063
down €155,063 (-12.4%), from €1.2m to €1.1m
of which Trade receivables: -€239,284
- Tangible fixed assets +€42,841
up €42,841 (+3.1%), from €1.4m to €1.4m
of which Land and buildings: +€58,633
- Debts after one year +€1.4m
up €1.4m (+115.8%), from €1.2m to €2.5m
- Other debts -€840,478
no longer reported in 2024 (was €840,478)
- Profit (loss) carried forward -€259,400
down €259,400, from €87,654 to -€171,746
- Gross operating margin -€659,072
down €659,072, from €519,959 to -€139,113
- Write-downs -€262,356
no longer reported in 2024 (was €262,356)
- Taxes -€49,491
down €49,491 (-99.2%), from €49,887 to €396
- Financial charges +€30,414
up €30,414 (+106.1%), from €28,670 to €59,084
- Depreciation +€7,721
up €7,721 (+17.4%), from €44,377 to €52,098
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 | €2,961,863 | €3,233,310 | +€271,447 | +9.2% |
| Fixed assets | 21/28 | €1,590,688 | €1,811,029 | +€220,341 | +13.9% |
| Tangible fixed assets | 22/27 | €1,376,413 | €1,419,254 | +€42,841 | +3.1% |
| Land and buildings | 22 | €1,324,489 | €1,383,122 | +€58,633 | +4.4% |
| Plant, machinery and equipment | 23 | €2,035 | €1,178 | -€857 | -42.1% |
| Furniture and vehicles | 24 | €7,705 | €6,592 | -€1,113 | -14.4% |
| Leasing and similar rights | 25 | €42,184 | €28,362 | -€13,822 | -32.8% |
| Financial fixed assets | 28 | €214,275 | €391,775 | +€177,500 | +82.8% |
| Current assets | 29/58 | €1,371,175 | €1,422,281 | +€51,106 | +3.7% |
| Stocks and contracts in progress | 3 | €86,852 | €86,852 | = | 0.0% |
| Stocks | 30/36 | €86,852 | €86,852 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,247,385 | €1,092,322 | -€155,063 | -12.4% |
| Trade receivables | 40 | €374,173 | €134,889 | -€239,284 | -64.0% |
| Other amounts receivable | 41 | €873,212 | €957,433 | +€84,221 | +9.6% |
| Cash at bank and in hand | 54/58 | €35,781 | €13,748 | -€22,033 | -61.6% |
| Deferred charges and accrued income | 490/1 | €1,157 | €229,359 | +€228,202 | +19723.6% |
| Total equity and liabilities | 10/49 | €2,961,863 | €3,233,310 | +€271,447 | +9.2% |
| Equity | 10/15 | €346,603 | €87,203 | -€259,400 | -74.8% |
| Contributions | 10/11 | €252,000 | €252,000 | = | 0.0% |
| Capital | 10 | €252,000 | €252,000 | = | 0.0% |
| Issued capital | 100 | €252,000 | €252,000 | = | 0.0% |
| Reserves | 13 | €6,949 | €6,949 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,949 | €6,949 | = | 0.0% |
| Legal reserve | 130 | €6,949 | €6,949 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,654 | -€171,746 | -€259,400 | |
| Amounts payable | 17/49 | €2,615,260 | €3,146,107 | +€530,847 | +20.3% |
| Amounts payable after more than one year | 17 | €1,178,637 | €2,543,155 | +€1.4m | +115.8% |
| Financial debts | 170/4 | €1,178,637 | €2,543,155 | +€1.4m | +115.8% |
| Amounts payable within one year | 42/48 | €1,433,088 | €599,419 | -€833,669 | -58.2% |
| Current portion of amounts payable after more than one year | 42 | €4,417 | €35,917 | +€31,500 | +713.2% |
| Financial debts | 43 | €488,000 | €488,000 | = | 0.0% |
| Credit institutions | 430/8 | €488,000 | €488,000 | = | 0.0% |
| Trade debts | 44 | €21,031 | - | -€21,031 | |
| Suppliers | 440/4 | €21,031 | - | -€21,031 | |
| Taxes, remuneration and social security | 45 | €79,162 | €75,502 | -€3,660 | -4.6% |
| Taxes | 450/3 | €72,005 | €75,502 | +€3,497 | +4.9% |
| Remuneration and social security | 454/9 | €7,157 | - | -€7,157 | |
| Other amounts payable | 47/48 | €840,478 | - | -€840,478 | |
| Accrued charges and deferred income | 492/3 | €3,535 | €3,533 | -€2 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,377 | €52,098 | +€7,721 | +17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €262,356 | - | -€262,356 | |
| Other operating charges | 640/8 | €15,869 | €8,780 | -€7,089 | -44.7% |
| Gross operating margin | 9900 | €519,959 | -€139,113 | -€659,072 | |
| Operating profit (loss) | 9901 | €197,357 | -€199,991 | -€397,348 | |
| Financial income | 75/76B | €113 | €71 | -€42 | -37.2% |
| Recurring financial income | 75 | €113 | €71 | -€42 | -37.2% |
| Financial charges | 65/66B | €28,670 | €59,084 | +€30,414 | +106.1% |
| Recurring financial charges | 65 | €28,670 | €59,084 | +€30,414 | +106.1% |
| Profit (loss) for the period before taxes | 9903 | €168,800 | -€259,004 | -€427,804 | |
| Income taxes | 67/77 | €49,887 | €396 | -€49,491 | -99.2% |
| Profit (loss) for the period | 9904 | €118,913 | -€259,400 | -€378,313 | |
| Profit (loss) for the period to be appropriated | 9905 | €118,913 | -€259,400 | -€378,313 |
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 6 October 2026 via checked.be.