On Trac: what changed
Two financial 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.
On Trac
Largest movements
- Cash +€14,143
up €14,143 (+222%), from €6,376 to €20,519
mainly Net result for the year (+€10,048) and Receivables within one year (+€2,720)
- Receivables within one year -€2,720
down €2,720 (-84.9%), from €3,202 to €482
of which Trade receivables: -€3,202
- Profit (loss) carried forward +€10,048
up €10,048 (+180%), from €5,578 to €15,627
- Tax, wage and social debts +€1,537
up €1,537 (+62.3%), from €2,467 to €4,004
- Trade debts -€363
down €363 (-93.8%), from €387 to €24
- Gross operating margin +€6,264
up €6,264 (+87.0%), from €7,196 to €13,459
- Taxes +€1,107
up €1,107 (+76.4%), from €1,448 to €2,556
- Depreciation +€595
up €595 (+1,109%), from €54 to €648
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.
Derived cash bridge
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 | €11,532 | €22,779 | +€11,247 | +97.5% |
| Fixed assets | 21/28 | €1,760 | €1,593 | -€167 | -9.5% |
| Tangible fixed assets | 22/27 | €1,650 | €1,483 | -€167 | -10.1% |
| Furniture and vehicles | 24 | €1,650 | €1,483 | -€167 | -10.1% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €9,773 | €21,187 | +€11,414 | +117% |
| Amounts receivable within one year | 40/41 | €3,202 | €482 | -€2,720 | -84.9% |
| Trade receivables | 40 | €3,202 | €0 | -€3,202 | -100% |
| Other amounts receivable | 41 | - | €482 | +€482 | |
| Cash at bank and in hand | 54/58 | €6,376 | €20,519 | +€14,143 | +222% |
| Deferred charges and accrued income | 490/1 | €195 | €186 | -€10 | -4.9% |
| Total equity and liabilities | 10/49 | €11,532 | €22,779 | +€11,247 | +97.5% |
| Equity | 10/15 | €6,578 | €16,627 | +€10,048 | +153% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,578 | €15,627 | +€10,048 | +180% |
| Amounts payable | 17/49 | €4,954 | €6,153 | +€1,199 | +24.2% |
| Amounts payable within one year | 42/48 | €4,954 | €6,153 | +€1,199 | +24.2% |
| Trade debts | 44 | €387 | €24 | -€363 | -93.8% |
| Suppliers | 440/4 | €387 | €24 | -€363 | -93.8% |
| Taxes, remuneration and social security | 45 | €2,467 | €4,004 | +€1,537 | +62.3% |
| Taxes | 450/3 | €2,467 | €4,004 | +€1,537 | +62.3% |
| Other amounts payable | 47/48 | €2,099 | €2,125 | +€26 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54 | €648 | +€595 | +1,109% |
| Other operating charges | 640/8 | €30 | €0 | -€30 | -100% |
| Gross operating margin | 9900 | €7,196 | €13,459 | +€6,264 | +87.0% |
| Operating profit (loss) | 9901 | €7,112 | €12,811 | +€5,699 | +80.1% |
| Financial charges | 65/66B | €85 | €207 | +€122 | +143% |
| Recurring financial charges | 65 | €85 | €207 | +€122 | +143% |
| Profit (loss) for the period before taxes | 9903 | €7,027 | €12,604 | +€5,577 | +79.4% |
| Income taxes | 67/77 | €1,448 | €2,556 | +€1,107 | +76.4% |
| Profit (loss) for the period | 9904 | €5,578 | €10,048 | +€4,470 | +80.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,578 | €10,048 | +€4,470 | +80.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.