TRAXIO: 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.
TRAXIO
Largest movements
- Cash +€409,858
up €409,858 (+27.6%), from €1.5m to €1.9m
mainly Depreciation (+€321,704) and Net result for the year (+€231,329)
- Current investments +€236,218
up €236,218 (+11.3%), from €2.1m to €2.3m
- Tangible fixed assets -€181,791
down €181,791 (-6.2%), from €2.9m to €2.8m
of which Land and buildings: -€179,361
- Receivables within one year +€94,180
up €94,180 (+6.8%), from €1.4m to €1.5m
of which Trade receivables: +€100,684
- Reserves +€420,345
up €420,345 (+91.6%), from €458,934 to €879,279
- Profit (loss) carried forward -€189,016
down €189,016 (-4.8%), from €3.9m to €3.8m
- Trade debts +€149,579
up €149,579 (+32.4%), from €461,517 to €611,096
- Accrued charges and deferred income +€102,122
up €102,122 (+7.1%), from €1.4m to €1.5m
- Staff costs +€121,653
up €121,653 (+3.4%), from €3.6m to €3.7m
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 | €8,099,802 | €8,605,297 | +€505,494 | +6.2% |
| Fixed assets | 21/28 | €3,110,057 | €2,846,809 | -€263,249 | -8.5% |
| Intangible fixed assets | 21 | €166,496 | €85,038 | -€81,457 | -48.9% |
| Tangible fixed assets | 22/27 | €2,937,068 | €2,755,277 | -€181,791 | -6.2% |
| Land and buildings | 22 | €2,869,816 | €2,690,456 | -€179,361 | -6.2% |
| Plant, machinery and equipment | 23 | €35,205 | €43,744 | +€8,539 | +24.3% |
| Furniture and vehicles | 24 | €32,047 | €21,078 | -€10,969 | -34.2% |
| Financial fixed assets | 28 | €6,493 | €6,493 | = | 0.0% |
| Current assets | 29/58 | €4,989,745 | €5,758,488 | +€768,743 | +15.4% |
| Amounts receivable within one year | 40/41 | €1,378,844 | €1,473,024 | +€94,180 | +6.8% |
| Trade receivables | 40 | €1,372,340 | €1,473,024 | +€100,684 | +7.3% |
| Other amounts receivable | 41 | €6,504 | €0 | -€6,504 | -100% |
| Current investments | 50/53 | €2,099,318 | €2,335,535 | +€236,218 | +11.3% |
| Cash at bank and in hand | 54/58 | €1,483,254 | €1,893,113 | +€409,858 | +27.6% |
| Deferred charges and accrued income | 490/1 | €28,330 | €56,816 | +€28,486 | +101% |
| Total equity and liabilities | 10/49 | €8,099,802 | €8,605,297 | +€505,494 | +6.2% |
| Equity | 10/15 | €5,591,496 | €5,822,826 | +€231,329 | +4.1% |
| Contributions | 10/11 | €1,186,817 | €1,186,817 | = | 0.0% |
| Capital | 10 | €1,186,817 | €1,186,817 | = | 0.0% |
| Reserves | 13 | €458,934 | €879,279 | +€420,345 | +91.6% |
| Profit (loss) carried forward | 14 | €3,945,745 | €3,756,730 | -€189,016 | -4.8% |
| Amounts payable | 17/49 | €2,508,306 | €2,782,471 | +€274,165 | +10.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,069,961 | €1,242,004 | +€172,043 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €11,382 | €0 | -€11,382 | -100% |
| Trade debts | 44 | €461,517 | €611,096 | +€149,579 | +32.4% |
| Suppliers | 440/4 | €461,517 | €611,096 | +€149,579 | +32.4% |
| Taxes, remuneration and social security | 45 | €597,062 | €630,908 | +€33,846 | +5.7% |
| Taxes | 450/3 | €161,022 | €248,331 | +€87,308 | +54.2% |
| Remuneration and social security | 454/9 | €436,040 | €382,577 | -€53,463 | -12.3% |
| Accrued charges and deferred income | 492/3 | €1,438,345 | €1,540,467 | +€102,122 | +7.1% |
| Non-recurring operating income | 76A | €8,479 | €12,168 | +€3,689 | +43.5% |
| Remuneration, social security and pensions | 62 | €3,590,525 | €3,712,178 | +€121,653 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €323,880 | €321,704 | -€2,176 | -0.7% |
| Other operating charges | 640/8 | €217,733 | €216,876 | -€857 | -0.4% |
| Gross operating margin | 9900 | €4,453,039 | €4,494,604 | +€41,565 | +0.9% |
| Operating profit (loss) | 9901 | €320,902 | €243,846 | -€77,056 | -24.0% |
| Financial income | 75/76B | €3,218 | €4,995 | +€1,778 | +55.3% |
| Recurring financial income | 75 | €3,218 | €4,995 | +€1,778 | +55.3% |
| Financial charges | 65/66B | €38,414 | €12,648 | -€25,766 | -67.1% |
| Recurring financial charges | 65 | €8,414 | -€2,352 | -€10,766 | |
| Non-recurring financial charges | 66B | €30,000 | €15,000 | -€15,000 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | €285,706 | €236,194 | -€49,512 | -17.3% |
| Income taxes | 67/77 | €5,260 | €4,865 | -€396 | -7.5% |
| Profit (loss) for the period | 9904 | €280,446 | €231,329 | -€49,116 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €280,446 | €231,329 | -€49,116 | -17.5% |
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 17 October 2026 via checked.be.