TRAIT-EVENT: 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.
TRAIT-EVENT
Largest movements
- Cash +€34,010
up €34,010 (+1,657%), from €2,052 to €36,062
mainly Depreciation (+€39,499) and Receivables within one year (+€33,625)
- Receivables within one year -€33,625
down €33,625 (-40.5%), from €83,096 to €49,471
of which Trade receivables: -€33,922
- Tangible fixed assets -€26,650
down €26,650 (-24.6%), from €108,352 to €81,702
of which Furniture and vehicles: -€15,014
- Stocks and contracts -€6,000
down €6,000 (-43.0%), from €13,957 to €7,957
- Profit (loss) carried forward -€25,090
down €25,090 (-5.1%), from -€491,108 to -€516,198
- Debts after one year -€20,552
down €20,552 (-41.1%), from €49,958 to €29,406
- Tax, wage and social debts -€19,864
down €19,864 (-46.7%), from €42,494 to €22,630
of which Taxes: -€19,110
- Other debts +€18,001
up €18,001 (+67.2%), from €26,783 to €44,784
- Trade debts +€15,068
up €15,068 (+30.0%), from €50,215 to €65,283
- Gross operating margin -€78,617
down €78,617 (-24.2%), from €325,399 to €246,782
- Staff costs -€24,405
down €24,405 (-10.6%), from €230,975 to €206,570
- Taxes -€12,292
down €12,292 (-99.9%), from €12,299 to €7
- Depreciation +€5,796
up €5,796 (+17.2%), from €33,703 to €39,499
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 | €208,960 | €177,293 | -€31,667 | -15.2% |
| Fixed assets | 21/28 | €108,402 | €81,702 | -€26,700 | -24.6% |
| Tangible fixed assets | 22/27 | €108,352 | €81,702 | -€26,650 | -24.6% |
| Land and buildings | 22 | €21,761 | €13,661 | -€8,100 | -37.2% |
| Plant, machinery and equipment | 23 | €9,772 | €6,236 | -€3,536 | -36.2% |
| Furniture and vehicles | 24 | €76,819 | €61,805 | -€15,014 | -19.5% |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €100,558 | €95,591 | -€4,967 | -4.9% |
| Stocks and contracts in progress | 3 | €13,957 | €7,957 | -€6,000 | -43.0% |
| Stocks | 30/36 | €13,957 | €7,957 | -€6,000 | -43.0% |
| Amounts receivable within one year | 40/41 | €83,096 | €49,471 | -€33,625 | -40.5% |
| Trade receivables | 40 | €79,284 | €45,362 | -€33,922 | -42.8% |
| Other amounts receivable | 41 | €3,812 | €4,109 | +€297 | +7.8% |
| Cash at bank and in hand | 54/58 | €2,052 | €36,062 | +€34,010 | +1,657% |
| Deferred charges and accrued income | 490/1 | €1,453 | €2,101 | +€648 | +44.6% |
| Total equity and liabilities | 10/49 | €208,960 | €177,293 | -€31,667 | -15.2% |
| Equity | 10/15 | €15,184 | -€9,906 | -€25,090 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €393,446 | €393,446 | = | 0.0% |
| Reserves | 13 | €94,254 | €94,254 | = | 0.0% |
| Non-distributable reserves | 130/1 | €94,254 | €94,254 | = | 0.0% |
| Other | 1319 | €94,254 | €94,254 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€491,108 | -€516,198 | -€25,090 | -5.1% |
| Amounts payable | 17/49 | €193,776 | €187,199 | -€6,577 | -3.4% |
| Amounts payable after more than one year | 17 | €49,958 | €29,406 | -€20,552 | -41.1% |
| Financial debts | 170/4 | €49,958 | €29,406 | -€20,552 | -41.1% |
| Amounts payable within one year | 42/48 | €143,818 | €157,793 | +€13,975 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €23,826 | €25,096 | +€1,270 | +5.3% |
| Trade debts | 44 | €50,215 | €65,283 | +€15,068 | +30.0% |
| Suppliers | 440/4 | €50,215 | €65,283 | +€15,068 | +30.0% |
| Advances received on contracts in progress | 46 | €500 | - | -€500 | |
| Taxes, remuneration and social security | 45 | €42,494 | €22,630 | -€19,864 | -46.7% |
| Taxes | 450/3 | €28,109 | €8,999 | -€19,110 | -68.0% |
| Remuneration and social security | 454/9 | €14,385 | €13,631 | -€754 | -5.2% |
| Other amounts payable | 47/48 | €26,783 | €44,784 | +€18,001 | +67.2% |
| Non-recurring operating income | 76A | €17,405 | €19,696 | +€2,291 | +13.2% |
| Remuneration, social security and pensions | 62 | €230,975 | €206,570 | -€24,405 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,703 | €39,499 | +€5,796 | +17.2% |
| Other operating charges | 640/8 | €20,075 | €19,426 | -€649 | -3.2% |
| Non-recurring operating charges | 66A | - | €50 | +€50 | |
| Gross operating margin | 9900 | €325,399 | €246,782 | -€78,617 | -24.2% |
| Operating profit (loss) | 9901 | €40,646 | -€18,763 | -€59,409 | |
| Financial income | 75/76B | €1,768 | €38 | -€1,730 | -97.9% |
| Recurring financial income | 75 | €1,768 | €38 | -€1,730 | -97.9% |
| Financial charges | 65/66B | €6,479 | €6,358 | -€121 | -1.9% |
| Recurring financial charges | 65 | €6,479 | €6,358 | -€121 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €35,935 | -€25,083 | -€61,018 | |
| Income taxes | 67/77 | €12,299 | €7 | -€12,292 | -99.9% |
| Profit (loss) for the period | 9904 | €23,636 | -€25,090 | -€48,726 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,636 | -€25,090 | -€48,726 |
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 23 October 2026 via checked.be.