MINITRACK: 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.
MINITRACK
Largest movements
- Receivables within one year +€73,099
up €73,099 (+211.6%), from €34,551 to €107,650
of which Other amounts receivable: +€41,589
- Stocks and contracts -€19,579
down €19,579 (-18.9%), from €103,631 to €84,052
- Cash -€18,666
down €18,666 (-93.5%), from €19,971 to €1,306
mainly Receivables within one year (-€73,099) and Deferred charges and accrued income (-€6,513)
- Deferred charges and accrued income +€6,513
up €6,513 (+136.9%), from €4,759 to €11,272
- Tangible fixed assets -€3,370
down €3,370 (-31.9%), from €10,561 to €7,192
of which Furniture and vehicles: -€1,830
- Profit (loss) carried forward +€16,248
up €16,248 (+372.7%), from €4,359 to €20,607
- Debts after one year +€13,737
up €13,737 (+75.6%), from €18,169 to €31,906
- Trade debts +€12,458
up €12,458 (+69.6%), from €17,896 to €30,353
- Tax, wage and social debts -€5,839
down €5,839 (-17.6%), from €33,098 to €27,259
of which Taxes: -€7,301
- Gross operating margin +€31,559
up €31,559 (+473.8%), from €6,661 to €38,220
- Financial income -€10,083
down €10,083 (-99.5%), from €10,136 to €53
- Other operating charges -€5,230
down €5,230 (-74.9%), from €6,981 to €1,751
- Taxes +€4,438
up €4,438 (+478.1%), from €928 to €5,366
- Financial charges +€1,079
up €1,079 (+11.2%), from €9,594 to €10,673
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,352 | €212,485 | +€37,133 | +21.2% |
| Fixed assets | 21/28 | €12,440 | €8,205 | -€4,235 | -34.0% |
| Intangible fixed assets | 21 | €1,879 | €1,013 | -€865 | -46.1% |
| Tangible fixed assets | 22/27 | €10,561 | €7,192 | -€3,370 | -31.9% |
| Land and buildings | 22 | €2,803 | €2,468 | -€335 | -12.0% |
| Plant, machinery and equipment | 23 | €2,866 | €1,661 | -€1,204 | -42.0% |
| Furniture and vehicles | 24 | €4,893 | €3,062 | -€1,830 | -37.4% |
| Current assets | 29/58 | €162,912 | €204,280 | +€41,368 | +25.4% |
| Stocks and contracts in progress | 3 | €103,631 | €84,052 | -€19,579 | -18.9% |
| Stocks | 30/36 | €103,631 | €84,052 | -€19,579 | -18.9% |
| Amounts receivable within one year | 40/41 | €34,551 | €107,650 | +€73,099 | +211.6% |
| Trade receivables | 40 | €11,898 | €43,408 | +€31,510 | +264.8% |
| Other amounts receivable | 41 | €22,653 | €64,242 | +€41,589 | +183.6% |
| Cash at bank and in hand | 54/58 | €19,971 | €1,306 | -€18,666 | -93.5% |
| Deferred charges and accrued income | 490/1 | €4,759 | €11,272 | +€6,513 | +136.9% |
| Total equity and liabilities | 10/49 | €175,352 | €212,485 | +€37,133 | +21.2% |
| Equity | 10/15 | €54,359 | €70,607 | +€16,248 | +29.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,359 | €20,607 | +€16,248 | +372.7% |
| Amounts payable | 17/49 | €120,993 | €141,878 | +€20,885 | +17.3% |
| Amounts payable after more than one year | 17 | €18,169 | €31,906 | +€13,737 | +75.6% |
| Financial debts | 170/4 | €18,169 | €31,906 | +€13,737 | +75.6% |
| Amounts payable within one year | 42/48 | €102,824 | €108,219 | +€5,395 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €16,831 | €15,607 | -€1,224 | -7.3% |
| Financial debts | 43 | €35,000 | €35,000 | = | 0.0% |
| Credit institutions | 430/8 | €35,000 | €35,000 | = | 0.0% |
| Trade debts | 44 | €17,896 | €30,353 | +€12,458 | +69.6% |
| Suppliers | 440/4 | €17,896 | €30,353 | +€12,458 | +69.6% |
| Taxes, remuneration and social security | 45 | €33,098 | €27,259 | -€5,839 | -17.6% |
| Taxes | 450/3 | €33,098 | €25,796 | -€7,301 | -22.1% |
| Remuneration and social security | 454/9 | - | €1,463 | +€1,463 | |
| Accrued charges and deferred income | 492/3 | - | €1,753 | +€1,753 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,161 | €4,235 | +€74 | +1.8% |
| Other operating charges | 640/8 | €6,981 | €1,751 | -€5,230 | -74.9% |
| Gross operating margin | 9900 | €6,661 | €38,220 | +€31,559 | +473.8% |
| Operating profit (loss) | 9901 | -€4,480 | €32,234 | +€36,714 | |
| Financial income | 75/76B | €10,136 | €53 | -€10,083 | -99.5% |
| Recurring financial income | 75 | €10,136 | €53 | -€10,083 | -99.5% |
| Financial charges | 65/66B | €9,594 | €10,673 | +€1,079 | +11.2% |
| Recurring financial charges | 65 | €9,594 | €10,673 | +€1,079 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,939 | €21,614 | +€25,553 | |
| Income taxes | 67/77 | €928 | €5,366 | +€4,438 | +478.1% |
| Profit (loss) for the period | 9904 | -€4,867 | €16,248 | +€21,115 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,867 | €16,248 | +€21,115 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.