Intrack: 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.
Intrack
Largest movements
- Current investments -€29,038
down €29,038 (-8.6%), from €337,381 to €308,343
- Tangible fixed assets -€10,417
down €10,417 (-28.3%), from €36,841 to €26,424
of which Furniture and vehicles: -€11,204
- Receivables within one year -€8,354
down €8,354 (-51.8%), from €16,128 to €7,774
of which Other amounts receivable: -€5,342
- Reserves -€26,225
down €26,225 (-7.7%), from €340,081 to €313,856
of which Non-distributable reserves: -€26,500
- Other debts -€11,968
no longer reported in 2025 (was €11,968)
- Debts after one year -€9,778
down €9,778 (-49.0%), from €19,950 to €10,172
- Gross operating margin +€23,819
up €23,819 (+42.8%), from €55,618 to €79,436
- Taxes +€8,347
up €8,347 (+178.4%), from €4,680 to €13,026
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 | €402,086 | €354,168 | -€47,918 | -11.9% |
| Fixed assets | 21/28 | €36,841 | €26,424 | -€10,417 | -28.3% |
| Tangible fixed assets | 22/27 | €36,841 | €26,424 | -€10,417 | -28.3% |
| Land and buildings | 22 | €1,395 | €1,534 | +€139 | +10.0% |
| Plant, machinery and equipment | 23 | €2,106 | €2,754 | +€648 | +30.8% |
| Furniture and vehicles | 24 | €33,340 | €22,135 | -€11,204 | -33.6% |
| Current assets | 29/58 | €365,245 | €327,744 | -€37,502 | -10.3% |
| Amounts receivable within one year | 40/41 | €16,128 | €7,774 | -€8,354 | -51.8% |
| Trade receivables | 40 | €6,354 | €3,342 | -€3,012 | -47.4% |
| Other amounts receivable | 41 | €9,774 | €4,433 | -€5,342 | -54.7% |
| Current investments | 50/53 | €337,381 | €308,343 | -€29,038 | -8.6% |
| Cash at bank and in hand | 54/58 | €11,430 | €11,372 | -€57 | -0.5% |
| Deferred charges and accrued income | 490/1 | €307 | €255 | -€52 | -17.0% |
| Total equity and liabilities | 10/49 | €402,086 | €354,168 | -€47,918 | -11.9% |
| Equity | 10/15 | €358,673 | €332,448 | -€26,225 | -7.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €340,081 | €313,856 | -€26,225 | -7.7% |
| Non-distributable reserves | 130/1 | €150,700 | €124,200 | -€26,500 | -17.6% |
| Other | 1319 | €150,700 | €124,200 | -€26,500 | -17.6% |
| Distributable reserves | 133 | €189,381 | €189,656 | +€275 | +0.1% |
| Amounts payable | 17/49 | €43,413 | €21,719 | -€21,694 | -50.0% |
| Amounts payable after more than one year | 17 | €19,950 | €10,172 | -€9,778 | -49.0% |
| Financial debts | 170/4 | €19,950 | €10,172 | -€9,778 | -49.0% |
| Amounts payable within one year | 42/48 | €21,366 | €11,547 | -€9,819 | -46.0% |
| Current portion of amounts payable after more than one year | 42 | €9,399 | €9,778 | +€379 | +4.0% |
| Trade debts | 44 | - | €1,742 | +€1,742 | |
| Suppliers | 440/4 | - | €1,742 | +€1,742 | |
| Taxes, remuneration and social security | 45 | - | €26 | +€26 | |
| Taxes | 450/3 | - | €26 | +€26 | |
| Other amounts payable | 47/48 | €11,968 | - | -€11,968 | |
| Accrued charges and deferred income | 492/3 | €2,096 | - | -€2,096 | |
| Non-recurring operating income | 76A | €37,496 | €26,624 | -€10,872 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,573 | €12,877 | +€304 | +2.4% |
| Other operating charges | 640/8 | €1,093 | €1,639 | +€546 | +50.0% |
| Gross operating margin | 9900 | €55,618 | €79,436 | +€23,819 | +42.8% |
| Operating profit (loss) | 9901 | €41,952 | €64,920 | +€22,968 | +54.7% |
| Financial income | 75/76B | €1,691 | €2,054 | +€364 | +21.5% |
| Recurring financial income | 75 | €1,691 | €2,054 | +€364 | +21.5% |
| Financial charges | 65/66B | €1,527 | €1,173 | -€354 | -23.2% |
| Recurring financial charges | 65 | €1,527 | €1,173 | -€354 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €42,116 | €65,802 | +€23,686 | +56.2% |
| Income taxes | 67/77 | €4,680 | €13,026 | +€8,347 | +178.4% |
| Profit (loss) for the period | 9904 | €37,436 | €52,775 | +€15,339 | +41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,436 | €52,775 | +€15,339 | +41.0% |
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 30 September 2026 via checked.be.