EnTrac: 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.
EnTrac
Largest movements
- Tangible fixed assets -€15,423
down €15,423 (-9.3%), from €165,074 to €149,651
of which Land and buildings: -€14,799
- Debts after one year -€23,866
down €23,866 (-23.3%), from €102,396 to €78,530
- Other debts +€7,064
up €7,064 (+23.4%), from €30,163 to €37,227
- Trade debts -€2,182
down €2,182 (-69.7%), from €3,128 to €946
- Profit (loss) carried forward +€2,037
up €2,037 (+5.3%), from -€38,405 to -€36,368
- Gross operating margin +€16,498
up €16,498 (+125.6%), from €13,138 to €29,637
- Financial charges +€2,195
up €2,195 (+93.6%), from €2,345 to €4,540
- Depreciation -€440
down €440 (-2.1%), from €20,585 to €20,145
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 | €167,953 | €150,723 | -€17,230 | -10.3% |
| Fixed assets | 21/28 | €165,074 | €149,651 | -€15,423 | -9.3% |
| Tangible fixed assets | 22/27 | €165,074 | €149,651 | -€15,423 | -9.3% |
| Land and buildings | 22 | €162,650 | €147,851 | -€14,799 | -9.1% |
| Furniture and vehicles | 24 | €2,424 | €1,800 | -€624 | -25.7% |
| Current assets | 29/58 | €2,879 | €1,072 | -€1,807 | -62.8% |
| Amounts receivable within one year | 40/41 | €90 | - | -€90 | |
| Other amounts receivable | 41 | €90 | - | -€90 | |
| Cash at bank and in hand | 54/58 | €1,605 | €56 | -€1,550 | -96.5% |
| Deferred charges and accrued income | 490/1 | €1,184 | €1,016 | -€168 | -14.2% |
| Total equity and liabilities | 10/49 | €167,953 | €150,723 | -€17,230 | -10.3% |
| Equity | 10/15 | €6,410 | €8,447 | +€2,037 | +31.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,615 | €38,615 | = | 0.0% |
| Distributable reserves | 133 | €38,615 | €38,615 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,405 | -€36,368 | +€2,037 | +5.3% |
| Amounts payable | 17/49 | €161,543 | €142,276 | -€19,267 | -11.9% |
| Amounts payable after more than one year | 17 | €102,396 | €78,530 | -€23,866 | -23.3% |
| Financial debts | 170/4 | €102,396 | €78,530 | -€23,866 | -23.3% |
| Amounts payable within one year | 42/48 | €59,147 | €63,746 | +€4,599 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €25,642 | €25,228 | -€414 | -1.6% |
| Trade debts | 44 | €3,128 | €946 | -€2,182 | -69.7% |
| Suppliers | 440/4 | €3,128 | €946 | -€2,182 | -69.7% |
| Taxes, remuneration and social security | 45 | €213 | €345 | +€132 | +61.7% |
| Taxes | 450/3 | €213 | €345 | +€132 | +61.7% |
| Other amounts payable | 47/48 | €30,163 | €37,227 | +€7,064 | +23.4% |
| Non-recurring operating income | 76A | - | €12,043 | +€12,043 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,585 | €20,145 | -€440 | -2.1% |
| Other operating charges | 640/8 | €2,750 | €2,783 | +€33 | +1.2% |
| Gross operating margin | 9900 | €13,138 | €29,637 | +€16,498 | +125.6% |
| Operating profit (loss) | 9901 | -€10,197 | €6,708 | +€16,905 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,345 | €4,540 | +€2,195 | +93.6% |
| Recurring financial charges | 65 | €2,345 | €4,540 | +€2,195 | +93.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,542 | €2,168 | +€14,710 | |
| Income taxes | 67/77 | €213 | €132 | -€82 | -38.3% |
| Profit (loss) for the period | 9904 | -€12,755 | €2,037 | +€14,792 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,755 | €2,037 | +€14,792 |
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 5 October 2026 via checked.be.