GETRACO: what changed
GETRACO
Largest movements
- Cash -€29,252
down €29,252 (-86.1%), from €33,963 to €4,711
mainly Trade debts (-€26,494) and Investment in fixed assets (net) (-€20,835)
- Receivables within one year -€19,429
down €19,429 (-53.6%), from €36,227 to €16,798
of which Trade receivables: -€17,057
- Tangible fixed assets +€17,487
up €17,487 (+461%), from €3,796 to €21,283
of which Furniture and vehicles: +€17,487
- Trade debts -€26,494
down €26,494 (-97.2%), from €27,257 to €763
- Profit (loss) carried forward -€4,752
down €4,752 (-22.9%), from €20,787 to €16,035
- Other debts +€1,335
up €1,335 (+42.6%), from €3,136 to €4,471
- Gross operating margin -€5,792
down €5,792, from €5,510 to -€282
- Depreciation +€2,231
up €2,231 (+200%), from €1,117 to €3,347
- Taxes -€602
down €602 (-80.8%), from €746 to €144
- Financial charges -€309
down €309 (-73.3%), from €421 to €112
- Other operating charges +€217
up €217 (+33.3%), from €650 to €867
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,769 | €45,212 | -€30,557 | -40.3% |
| Fixed assets | 21/28 | €3,796 | €21,283 | +€17,487 | +461% |
| Tangible fixed assets | 22/27 | €3,796 | €21,283 | +€17,487 | +461% |
| Land and buildings | 22 | €1,417 | €1,417 | = | 0.0% |
| Furniture and vehicles | 24 | €2,379 | €19,866 | +€17,487 | +735% |
| Current assets | 29/58 | €71,973 | €23,929 | -€48,044 | -66.8% |
| Stocks and contracts in progress | 3 | €180 | €180 | = | 0.0% |
| Stocks | 30/36 | €180 | €180 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €36,227 | €16,798 | -€19,429 | -53.6% |
| Trade receivables | 40 | €32,318 | €15,261 | -€17,057 | -52.8% |
| Other amounts receivable | 41 | €3,909 | €1,537 | -€2,372 | -60.7% |
| Cash at bank and in hand | 54/58 | €33,963 | €4,711 | -€29,252 | -86.1% |
| Deferred charges and accrued income | 490/1 | €1,604 | €2,240 | +€636 | +39.7% |
| Total equity and liabilities | 10/49 | €75,769 | €45,212 | -€30,557 | -40.3% |
| Equity | 10/15 | €41,238 | €36,486 | -€4,752 | -11.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,787 | €16,035 | -€4,752 | -22.9% |
| Amounts payable | 17/49 | €34,531 | €8,726 | -€25,805 | -74.7% |
| Amounts payable within one year | 42/48 | €34,403 | €8,726 | -€25,677 | -74.6% |
| Trade debts | 44 | €27,257 | €763 | -€26,494 | -97.2% |
| Suppliers | 440/4 | €27,257 | €763 | -€26,494 | -97.2% |
| Taxes, remuneration and social security | 45 | €4,009 | €3,491 | -€518 | -12.9% |
| Taxes | 450/3 | €4,009 | €3,491 | -€518 | -12.9% |
| Other amounts payable | 47/48 | €3,136 | €4,471 | +€1,335 | +42.6% |
| Accrued charges and deferred income | 492/3 | €128 | - | -€128 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,117 | €3,347 | +€2,231 | +200% |
| Other operating charges | 640/8 | €650 | €867 | +€217 | +33.3% |
| Non-recurring operating charges | 66A | €50 | - | -€50 | |
| Gross operating margin | 9900 | €5,510 | -€282 | -€5,792 | |
| Operating profit (loss) | 9901 | €3,693 | -€4,496 | -€8,189 | |
| Financial income | 75/76B | €18 | €0 | -€18 | -99.8% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -99.8% |
| Financial charges | 65/66B | €421 | €112 | -€309 | -73.3% |
| Recurring financial charges | 65 | €421 | €112 | -€309 | -73.3% |
| Profit (loss) for the period before taxes | 9903 | €3,290 | -€4,608 | -€7,898 | |
| Income taxes | 67/77 | €746 | €144 | -€602 | -80.8% |
| Profit (loss) for the period | 9904 | €2,544 | -€4,752 | -€7,296 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,544 | -€4,752 | -€7,296 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.