ITRACK: 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.
ITRACK
Largest movements
- Receivables within one year +€2,621
up €2,621 (+83.8%), from €3,128 to €5,749
of which Trade receivables: +€3,583
- Cash -€370
down €370 (-2.1%), from €18,025 to €17,655
mainly Receivables within one year (-€2,621) and Tax, wage and social debts (-€718)
- Reserves +€2,785
up €2,785 (+149.7%), from €1,860 to €4,645
- Tax, wage and social debts -€718
down €718 (-49.6%), from €1,447 to €728
- Other debts +€597
up €597 (+16.9%), from €3,531 to €4,128
- Gross operating margin +€2,789
up €2,789 (+40.5%), from €6,878 to €9,666
- Taxes +€1,476
up €1,476 (+111.3%), from €1,326 to €2,802
- Other operating charges -€747
down €747 (-58.6%), from €1,275 to €528
- Financial charges -€685
down €685 (-16.2%), from €4,236 to €3,552
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 | €21,153 | €23,639 | +€2,486 | +11.8% |
| Current assets | 29/58 | €21,153 | €23,639 | +€2,486 | +11.8% |
| Amounts receivable within one year | 40/41 | €3,128 | €5,749 | +€2,621 | +83.8% |
| Trade receivables | 40 | €193 | €3,776 | +€3,583 | +1857.8% |
| Other amounts receivable | 41 | €2,935 | €1,974 | -€961 | -32.8% |
| Cash at bank and in hand | 54/58 | €18,025 | €17,655 | -€370 | -2.1% |
| Deferred charges and accrued income | 490/1 | - | €235 | +€235 | |
| Total equity and liabilities | 10/49 | €21,153 | €23,639 | +€2,486 | +11.8% |
| Equity | 10/15 | €15,955 | €18,739 | +€2,785 | +17.5% |
| Reserves | 13 | €1,860 | €4,645 | +€2,785 | +149.7% |
| Distributable reserves | 133 | €1,860 | €4,645 | +€2,785 | +149.7% |
| Profit (loss) carried forward | 14 | €14,095 | €14,095 | = | 0.0% |
| Amounts payable | 17/49 | €5,198 | €4,900 | -€299 | -5.7% |
| Amounts payable within one year | 42/48 | €5,163 | €4,900 | -€263 | -5.1% |
| Trade debts | 44 | €185 | €44 | -€142 | -76.4% |
| Suppliers | 440/4 | €185 | €44 | -€142 | -76.4% |
| Taxes, remuneration and social security | 45 | €1,447 | €728 | -€718 | -49.6% |
| Taxes | 450/3 | €1,447 | €728 | -€718 | -49.6% |
| Other amounts payable | 47/48 | €3,531 | €4,128 | +€597 | +16.9% |
| Accrued charges and deferred income | 492/3 | €35 | - | -€35 | |
| Other operating charges | 640/8 | €1,275 | €528 | -€747 | -58.6% |
| Gross operating margin | 9900 | €6,878 | €9,666 | +€2,789 | +40.5% |
| Operating profit (loss) | 9901 | €5,602 | €9,138 | +€3,536 | +63.1% |
| Financial charges | 65/66B | €4,236 | €3,552 | -€685 | -16.2% |
| Recurring financial charges | 65 | €4,236 | €3,552 | -€685 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €1,366 | €5,586 | +€4,220 | +308.9% |
| Income taxes | 67/77 | €1,326 | €2,802 | +€1,476 | +111.3% |
| Profit (loss) for the period | 9904 | €40 | €2,785 | +€2,745 | +6849.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40 | €2,785 | +€2,745 | +6849.4% |
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 29 September 2026 via checked.be.