SOFT TRACKS: 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.
SOFT TRACKS
Largest movements
- Cash +€38,453
up €38,453 (+73.7%), from €52,164 to €90,617
mainly Tax, wage and social debts (+€41,988) and Receivables after one year (+€37,500)
- Receivables after one year -€37,500
no longer reported in 2025 (was €37,500)
- Receivables within one year +€34,868
up €34,868 (+80.2%), from €43,487 to €78,355
of which Other amounts receivable: +€45,519
- Tax, wage and social debts +€41,988
up €41,988 (+1584.8%), from €2,649 to €44,638
of which Taxes: +€44,488
- Reserves -€7,585
down €7,585 (-6.2%), from €123,252 to €115,667
of which Distributable reserves: -€7,585
- Other debts +€2,973
up €2,973 (+10852.9%), from €27 to €3,000
- Trade debts -€2,727
down €2,727 (-93.1%), from €2,928 to €201
- Gross operating margin -€2,857
down €2,857 (-6.1%), from €46,561 to €43,704
- Taxes +€982
up €982 (+7.0%), from €14,032 to €15,014
- Other operating charges -€624
down €624 (-48.6%), from €1,284 to €660
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 | €135,056 | €169,706 | +€34,649 | +25.7% |
| Fixed assets | 21/28 | €1,905 | €734 | -€1,172 | -61.5% |
| Tangible fixed assets | 22/27 | €1,745 | €574 | -€1,172 | -67.1% |
| Land and buildings | 22 | €380 | €335 | -€45 | -11.8% |
| Furniture and vehicles | 24 | €1,365 | €239 | -€1,127 | -82.5% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €133,151 | €168,972 | +€35,821 | +26.9% |
| Amounts receivable after more than one year | 29 | €37,500 | - | -€37,500 | |
| Other amounts receivable | 291 | €37,500 | - | -€37,500 | |
| Amounts receivable within one year | 40/41 | €43,487 | €78,355 | +€34,868 | +80.2% |
| Trade receivables | 40 | €43,487 | €32,836 | -€10,650 | -24.5% |
| Other amounts receivable | 41 | - | €45,519 | +€45,519 | |
| Cash at bank and in hand | 54/58 | €52,164 | €90,617 | +€38,453 | +73.7% |
| Total equity and liabilities | 10/49 | €135,056 | €169,706 | +€34,649 | +25.7% |
| Equity | 10/15 | €129,452 | €121,867 | -€7,585 | -5.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €123,252 | €115,667 | -€7,585 | -6.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €121,397 | €113,812 | -€7,585 | -6.2% |
| Amounts payable | 17/49 | €5,605 | €47,839 | +€42,234 | +753.6% |
| Amounts payable within one year | 42/48 | €5,605 | €47,839 | +€42,234 | +753.6% |
| Trade debts | 44 | €2,928 | €201 | -€2,727 | -93.1% |
| Suppliers | 440/4 | €2,928 | €201 | -€2,727 | -93.1% |
| Taxes, remuneration and social security | 45 | €2,649 | €44,638 | +€41,988 | +1584.8% |
| Taxes | 450/3 | €149 | €44,638 | +€44,488 | +29771.9% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €27 | €3,000 | +€2,973 | +10852.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €825 | €1,172 | +€347 | +42.0% |
| Other operating charges | 640/8 | €1,284 | €660 | -€624 | -48.6% |
| Gross operating margin | 9900 | €46,561 | €43,704 | -€2,857 | -6.1% |
| Operating profit (loss) | 9901 | €44,452 | €41,873 | -€2,580 | -5.8% |
| Financial income | 75/76B | €80 | - | -€80 | |
| Recurring financial income | 75 | €80 | - | -€80 | |
| Financial charges | 65/66B | €205 | €67 | -€137 | -67.1% |
| Recurring financial charges | 65 | €205 | €67 | -€137 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | €44,327 | €41,805 | -€2,522 | -5.7% |
| Income taxes | 67/77 | €14,032 | €15,014 | +€982 | +7.0% |
| Profit (loss) for the period | 9904 | €30,296 | €26,792 | -€3,504 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,296 | €26,792 | -€3,504 | -11.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.