't TRAITEURKEN: 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.
't TRAITEURKEN
Largest movements
- Tangible fixed assets +€12,988
up €12,988 (+9.7%), from €133,213 to €146,201
of which Plant, machinery and equipment: +€16,314
- Cash -€8,430
down €8,430 (-21.3%), from €39,611 to €31,181
mainly Investment in fixed assets (net) (-€24,606) and Trade debts (-€7,346)
- Stocks and contracts -€3,410
down €3,410 (-2.5%), from €135,824 to €132,414
- Advances received +€9,377
up €9,377 (+1041.9%), from €900 to €10,277
- Trade debts -€7,346
down €7,346 (-48.4%), from €15,168 to €7,822
- Gross operating margin -€11,212
down €11,212 (-29.9%), from €37,543 to €26,331
- Depreciation +€1,543
up €1,543 (+15.3%), from €10,075 to €11,618
- Taxes -€1,280
down €1,280 (-60.8%), from €2,105 to €825
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 | €318,755 | €322,245 | +€3,490 | +1.1% |
| Fixed assets | 21/28 | €133,213 | €146,201 | +€12,988 | +9.7% |
| Tangible fixed assets | 22/27 | €133,213 | €146,201 | +€12,988 | +9.7% |
| Land and buildings | 22 | €113,577 | €113,577 | = | 0.0% |
| Plant, machinery and equipment | 23 | €5,902 | €22,216 | +€16,314 | +276.4% |
| Furniture and vehicles | 24 | €13,734 | €10,408 | -€3,326 | -24.2% |
| Current assets | 29/58 | €185,542 | €176,044 | -€9,498 | -5.1% |
| Stocks and contracts in progress | 3 | €135,824 | €132,414 | -€3,410 | -2.5% |
| Stocks | 30/36 | €135,824 | €132,414 | -€3,410 | -2.5% |
| Amounts receivable within one year | 40/41 | €9,864 | €12,193 | +€2,329 | +23.6% |
| Trade receivables | 40 | €9,864 | €10,904 | +€1,040 | +10.5% |
| Other amounts receivable | 41 | - | €1,289 | +€1,289 | |
| Cash at bank and in hand | 54/58 | €39,611 | €31,181 | -€8,430 | -21.3% |
| Deferred charges and accrued income | 490/1 | €243 | €256 | +€13 | +5.3% |
| Total equity and liabilities | 10/49 | €318,755 | €322,245 | +€3,490 | +1.1% |
| Equity | 10/15 | €110,190 | €110,015 | -€175 | -0.2% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €73,006 | €72,831 | -€175 | -0.2% |
| Distributable reserves | 133 | €73,006 | €72,831 | -€175 | -0.2% |
| Amounts payable | 17/49 | €208,565 | €212,230 | +€3,665 | +1.8% |
| Amounts payable after more than one year | 17 | €157,000 | €157,000 | = | 0.0% |
| Other amounts payable | 178/9 | €157,000 | €157,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €51,565 | €55,230 | +€3,665 | +7.1% |
| Trade debts | 44 | €15,168 | €7,822 | -€7,346 | -48.4% |
| Suppliers | 440/4 | €15,168 | €7,822 | -€7,346 | -48.4% |
| Advances received on contracts in progress | 46 | €900 | €10,277 | +€9,377 | +1041.9% |
| Taxes, remuneration and social security | 45 | €7,761 | €8,172 | +€411 | +5.3% |
| Taxes | 450/3 | €7,562 | €8,172 | +€610 | +8.1% |
| Remuneration and social security | 454/9 | €199 | - | -€199 | |
| Other amounts payable | 47/48 | €27,736 | €28,959 | +€1,223 | +4.4% |
| Non-recurring operating income | 76A | - | €820 | +€820 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,075 | €11,618 | +€1,543 | +15.3% |
| Other operating charges | 640/8 | €3,936 | €3,710 | -€226 | -5.7% |
| Gross operating margin | 9900 | €37,543 | €26,331 | -€11,212 | -29.9% |
| Operating profit (loss) | 9901 | €23,532 | €11,003 | -€12,529 | -53.2% |
| Financial income | 75/76B | €220 | €119 | -€101 | -45.9% |
| Recurring financial income | 75 | €220 | €119 | -€101 | -45.9% |
| Financial charges | 65/66B | €9,009 | €8,806 | -€203 | -2.3% |
| Recurring financial charges | 65 | €9,009 | €8,806 | -€203 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €14,743 | €2,316 | -€12,427 | -84.3% |
| Income taxes | 67/77 | €2,105 | €825 | -€1,280 | -60.8% |
| Profit (loss) for the period | 9904 | €12,638 | €1,491 | -€11,147 | -88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,638 | €1,491 | -€11,147 | -88.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.