TRADIMER: 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.
TRADIMER
Largest movements
- Current investments -€114,532
down €114,532 (-32.0%), from €357,526 to €242,994
- Tangible fixed assets +€52,956
up €52,956 (+32.3%), from €163,934 to €216,890
of which Furniture and vehicles: +€62,872
- Cash +€35,878
up €35,878 (+40.9%), from €87,644 to €123,522
mainly Net result for the year (+€157,433) and Current investments (+€114,532)
- Receivables within one year -€7,997
down €7,997 (-63.5%), from €12,588 to €4,591
of which Trade receivables: -€6,108
- Reserves -€139,187
down €139,187 (-32.0%), from €435,054 to €295,868
of which Distributable reserves: -€139,187
- Other debts +€64,431
up €64,431 (+73.0%), from €88,249 to €152,679
- Debts after one year +€48,558
up €48,558, from €0 to €48,558
- Tax, wage and social debts +€9,670
up €9,670 (+18.2%), from €53,038 to €62,708
of which Taxes: +€22,436
- Current portion of long-term debt -€7,359
down €7,359 (-25.5%), from €28,909 to €21,550
- Staff costs -€50,974
down €50,974 (-46.6%), from €109,299 to €58,325
- Financial income +€20,912
up €20,912 (+808%), from €2,589 to €23,500
- Gross operating margin -€12,074
down €12,074 (-4.1%), from €292,483 to €280,408
- Depreciation +€8,763
up €8,763 (+57.5%), from €15,245 to €24,008
- Taxes +€6,428
up €6,428 (+12.5%), from €51,271 to €57,699
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 | €623,974 | €592,845 | -€31,129 | -5.0% |
| Fixed assets | 21/28 | €163,934 | €216,890 | +€52,956 | +32.3% |
| Tangible fixed assets | 22/27 | €163,934 | €216,890 | +€52,956 | +32.3% |
| Land and buildings | 22 | €151,508 | €141,647 | -€9,862 | -6.5% |
| Plant, machinery and equipment | 23 | €53 | €0 | -€53 | -100% |
| Furniture and vehicles | 24 | €12,372 | €75,244 | +€62,872 | +508% |
| Current assets | 29/58 | €460,040 | €375,954 | -€84,086 | -18.3% |
| Amounts receivable within one year | 40/41 | €12,588 | €4,591 | -€7,997 | -63.5% |
| Trade receivables | 40 | €10,268 | €4,160 | -€6,108 | -59.5% |
| Other amounts receivable | 41 | €2,320 | €431 | -€1,889 | -81.4% |
| Current investments | 50/53 | €357,526 | €242,994 | -€114,532 | -32.0% |
| Cash at bank and in hand | 54/58 | €87,644 | €123,522 | +€35,878 | +40.9% |
| Deferred charges and accrued income | 490/1 | €2,282 | €4,848 | +€2,566 | +112% |
| Total equity and liabilities | 10/49 | €623,974 | €592,845 | -€31,129 | -5.0% |
| Equity | 10/15 | €441,254 | €302,068 | -€139,187 | -31.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €435,054 | €295,868 | -€139,187 | -32.0% |
| Tax-exempt reserves | 132 | €268 | €268 | = | 0.0% |
| Distributable reserves | 133 | €434,786 | €295,600 | -€139,187 | -32.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €182,720 | €290,777 | +€108,057 | +59.1% |
| Amounts payable after more than one year | 17 | €0 | €48,558 | +€48,558 | |
| Financial debts | 170/4 | €0 | €48,558 | +€48,558 | |
| Amounts payable within one year | 42/48 | €182,720 | €242,219 | +€59,500 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | €28,909 | €21,550 | -€7,359 | -25.5% |
| Trade debts | 44 | €12,524 | €5,282 | -€7,242 | -57.8% |
| Suppliers | 440/4 | €12,524 | €5,282 | -€7,242 | -57.8% |
| Taxes, remuneration and social security | 45 | €53,038 | €62,708 | +€9,670 | +18.2% |
| Taxes | 450/3 | €40,272 | €62,708 | +€22,436 | +55.7% |
| Remuneration and social security | 454/9 | €12,766 | €0 | -€12,766 | -100% |
| Other amounts payable | 47/48 | €88,249 | €152,679 | +€64,431 | +73.0% |
| Remuneration, social security and pensions | 62 | €109,299 | €58,325 | -€50,974 | -46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,245 | €24,008 | +€8,763 | +57.5% |
| Other operating charges | 640/8 | €3,147 | €2,920 | -€226 | -7.2% |
| Non-recurring operating charges | 66A | - | €290 | +€290 | |
| Gross operating margin | 9900 | €292,483 | €280,408 | -€12,074 | -4.1% |
| Operating profit (loss) | 9901 | €164,792 | €194,865 | +€30,073 | +18.2% |
| Financial income | 75/76B | €2,589 | €23,500 | +€20,912 | +808% |
| Recurring financial income | 75 | €2,589 | €23,500 | +€20,912 | +808% |
| Financial charges | 65/66B | €3,354 | €3,234 | -€121 | -3.6% |
| Recurring financial charges | 65 | €3,354 | €3,234 | -€121 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €164,026 | €215,132 | +€51,106 | +31.2% |
| Income taxes | 67/77 | €51,271 | €57,699 | +€6,428 | +12.5% |
| Profit (loss) for the period | 9904 | €112,755 | €157,433 | +€44,678 | +39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €112,755 | €157,433 | +€44,678 | +39.6% |
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 27 October 2026 via checked.be.