RideOnTrack: 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.
RideOnTrack
Largest movements
- Receivables within one year -€358,584
down €358,584 (-24.3%), from €1.5m to €1.1m
of which Trade receivables: -€366,376
- Cash +€232,753
up €232,753 (+29.6%), from €785,156 to €1.0m
mainly Receivables within one year (+€358,584) and Net result for the year (+€125,859)
- Intangible fixed assets -€35,253
down €35,253 (-93.9%), from €37,536 to €2,283
- Other debts -€255,090
down €255,090 (-71.6%), from €356,517 to €101,427
- Provisions -€131,849
down €131,849 (-47.6%), from €276,820 to €144,971
- Profit (loss) carried forward +€125,859
up €125,859 (+24.5%), from €514,103 to €639,963
- Accrued charges and deferred income +€108,238
up €108,238 (+139.1%), from €77,801 to €186,040
- Debts after one year -€31,365
down €31,365 (-59.8%), from €52,470 to €21,106
- Gross operating margin +€179,083
up €179,083 (+16.8%), from €1.1m to €1.2m
- Staff costs +€170,167
up €170,167 (+18.1%), from €939,597 to €1.1m
- Provisions -€102,756
down €102,756 (-353.2%), from -€29,093 to -€131,849
- Taxes -€26,205
down €26,205 (-69.2%), from €37,895 to €11,690
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 | €2,533,703 | €2,377,926 | -€155,777 | -6.1% |
| Fixed assets | 21/28 | €262,253 | €231,343 | -€30,910 | -11.8% |
| Intangible fixed assets | 21 | €37,536 | €2,283 | -€35,253 | -93.9% |
| Tangible fixed assets | 22/27 | €203,788 | €206,882 | +€3,093 | +1.5% |
| Plant, machinery and equipment | 23 | €13,543 | €15,099 | +€1,556 | +11.5% |
| Furniture and vehicles | 24 | €188,035 | €189,913 | +€1,878 | +1.0% |
| Other tangible fixed assets | 26 | €2,210 | €1,870 | -€341 | -15.4% |
| Financial fixed assets | 28 | €20,928 | €22,178 | +€1,250 | +6.0% |
| Current assets | 29/58 | €2,271,450 | €2,146,583 | -€124,867 | -5.5% |
| Amounts receivable within one year | 40/41 | €1,477,795 | €1,119,212 | -€358,584 | -24.3% |
| Trade receivables | 40 | €800,232 | €433,856 | -€366,376 | -45.8% |
| Other amounts receivable | 41 | €677,563 | €685,355 | +€7,792 | +1.2% |
| Cash at bank and in hand | 54/58 | €785,156 | €1,017,909 | +€232,753 | +29.6% |
| Deferred charges and accrued income | 490/1 | €8,498 | €9,462 | +€964 | +11.3% |
| Total equity and liabilities | 10/49 | €2,533,703 | €2,377,926 | -€155,777 | -6.1% |
| Equity | 10/15 | €699,563 | €825,423 | +€125,859 | +18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €166,860 | €166,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €165,000 | €165,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €514,103 | €639,963 | +€125,859 | +24.5% |
| Provisions and deferred taxes | 16 | €276,820 | €144,971 | -€131,849 | -47.6% |
| Provisions for liabilities and charges | 160/5 | €276,820 | €144,971 | -€131,849 | -47.6% |
| Other liabilities and charges | 164/5 | €276,820 | €144,971 | -€131,849 | -47.6% |
| Amounts payable | 17/49 | €1,557,319 | €1,407,532 | -€149,787 | -9.6% |
| Amounts payable after more than one year | 17 | €52,470 | €21,106 | -€31,365 | -59.8% |
| Financial debts | 170/4 | €52,470 | €21,106 | -€31,365 | -59.8% |
| Amounts payable within one year | 42/48 | €1,427,047 | €1,200,386 | -€226,661 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €30,676 | €31,365 | +€689 | +2.2% |
| Trade debts | 44 | €812,959 | €840,967 | +€28,008 | +3.4% |
| Suppliers | 440/4 | €812,959 | €840,967 | +€28,008 | +3.4% |
| Taxes, remuneration and social security | 45 | €226,895 | €226,627 | -€268 | -0.1% |
| Taxes | 450/3 | €51,195 | €12,539 | -€38,656 | -75.5% |
| Remuneration and social security | 454/9 | €175,700 | €214,088 | +€38,388 | +21.8% |
| Other amounts payable | 47/48 | €356,517 | €101,427 | -€255,090 | -71.6% |
| Accrued charges and deferred income | 492/3 | €77,801 | €186,040 | +€108,238 | +139.1% |
| Remuneration, social security and pensions | 62 | €939,597 | €1,109,763 | +€170,167 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,050 | €118,062 | +€3,012 | +2.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€29,093 | -€131,849 | -€102,756 | -353.2% |
| Other operating charges | 640/8 | €11,051 | €4,818 | -€6,233 | -56.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,063,845 | €1,242,928 | +€179,083 | +16.8% |
| Operating profit (loss) | 9901 | €27,241 | €142,134 | +€114,894 | +421.8% |
| Financial income | 75/76B | €3,444 | €1,281 | -€2,164 | -62.8% |
| Recurring financial income | 75 | €3,444 | €1,281 | -€2,164 | -62.8% |
| Financial charges | 65/66B | €3,218 | €5,865 | +€2,648 | +82.3% |
| Recurring financial charges | 65 | €3,218 | €5,865 | +€2,648 | +82.3% |
| Profit (loss) for the period before taxes | 9903 | €27,467 | €137,549 | +€110,082 | +400.8% |
| Income taxes | 67/77 | €37,895 | €11,690 | -€26,205 | -69.2% |
| Profit (loss) for the period | 9904 | -€10,428 | €125,859 | +€136,287 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,428 | €125,859 | +€136,287 |
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 9 October 2026 via checked.be.