B-TRACK: 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.
B-TRACK
Largest movements
- Cash +€16,227
up €16,227 (+75.1%), from €21,605 to €37,832
mainly Net result for the year (+€17,436) and Stocks and contracts (+€3,218)
- Stocks and contracts -€3,218
no longer reported in 2025 (was €3,218)
- Receivables within one year -€2,203
down €2,203 (-43.0%), from €5,123 to €2,920
of which Trade receivables: -€2,200
- Tangible fixed assets +€665
up €665 (+23.8%), from €2,791 to €3,456
- Profit (loss) carried forward +€17,436
up €17,436, from -€12,504 to €4,932
- Other debts -€6,856
down €6,856 (-36.5%), from €18,759 to €11,903
- Tax, wage and social debts +€2,184
up €2,184 (+59.0%), from €3,699 to €5,883
- Trade debts -€1,133
down €1,133 (-37.4%), from €3,026 to €1,893
- Gross operating margin +€10,601
up €10,601 (+58.7%), from €18,060 to €28,661
- Taxes +€3,047
up €3,047 (+82.4%), from €3,699 to €6,746
- Other operating charges -€1,567
no longer reported in 2025 (was €1,567)
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 | €32,755 | €44,386 | +€11,631 | +35.5% |
| Fixed assets | 21/28 | €2,791 | €3,456 | +€665 | +23.8% |
| Tangible fixed assets | 22/27 | €2,791 | €3,456 | +€665 | +23.8% |
| Plant, machinery and equipment | 23 | €2,791 | €3,456 | +€665 | +23.8% |
| Current assets | 29/58 | €29,964 | €40,930 | +€10,966 | +36.6% |
| Stocks and contracts in progress | 3 | €3,218 | - | -€3,218 | |
| Stocks | 30/36 | €3,218 | - | -€3,218 | |
| Amounts receivable within one year | 40/41 | €5,123 | €2,920 | -€2,203 | -43.0% |
| Trade receivables | 40 | €5,120 | €2,920 | -€2,200 | -43.0% |
| Other amounts receivable | 41 | €3 | - | -€3 | |
| Cash at bank and in hand | 54/58 | €21,605 | €37,832 | +€16,227 | +75.1% |
| Deferred charges and accrued income | 490/1 | €18 | €178 | +€160 | +888.9% |
| Total equity and liabilities | 10/49 | €32,755 | €44,386 | +€11,631 | +35.5% |
| Equity | 10/15 | €7,271 | €24,707 | +€17,436 | +239.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,183 | €1,183 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,183 | €1,183 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,183 | €1,183 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,504 | €4,932 | +€17,436 | |
| Amounts payable | 17/49 | €25,484 | €19,679 | -€5,805 | -22.8% |
| Amounts payable within one year | 42/48 | €25,484 | €19,679 | -€5,805 | -22.8% |
| Trade debts | 44 | €3,026 | €1,893 | -€1,133 | -37.4% |
| Suppliers | 440/4 | €3,026 | €1,893 | -€1,133 | -37.4% |
| Taxes, remuneration and social security | 45 | €3,699 | €5,883 | +€2,184 | +59.0% |
| Taxes | 450/3 | €3,699 | €5,883 | +€2,184 | +59.0% |
| Other amounts payable | 47/48 | €18,759 | €11,903 | -€6,856 | -36.5% |
| Non-recurring operating income | 76A | €1,500 | - | -€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,086 | €1,008 | -€78 | -7.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,200 | €3,218 | +€18 | +0.6% |
| Other operating charges | 640/8 | €1,567 | - | -€1,567 | |
| Gross operating margin | 9900 | €18,060 | €28,661 | +€10,601 | +58.7% |
| Operating profit (loss) | 9901 | €12,207 | €24,435 | +€12,228 | +100.2% |
| Financial income | 75/76B | €23 | €111 | +€88 | +382.6% |
| Recurring financial income | 75 | €23 | €111 | +€88 | +382.6% |
| Financial charges | 65/66B | €338 | €364 | +€26 | +7.7% |
| Recurring financial charges | 65 | €338 | €364 | +€26 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €11,892 | €24,182 | +€12,290 | +103.3% |
| Income taxes | 67/77 | €3,699 | €6,746 | +€3,047 | +82.4% |
| Profit (loss) for the period | 9904 | €8,193 | €17,436 | +€9,243 | +112.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,193 | €17,436 | +€9,243 | +112.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.