TRAC TEC CONSULTING: 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.
TRAC TEC CONSULTING
Largest movements
- Tangible fixed assets +€9,862
up €9,862 (+34.8%), from €28,310 to €38,172
of which Plant, machinery and equipment: +€14,259
- Cash +€7,160
up €7,160 (+26.7%), from €26,862 to €34,022
mainly Net result for the year (+€31,741) and Depreciation (+€20,412)
- Deferred charges and accrued income -€5,859
down €5,859 (-96.9%), from €6,046 to €187
- Receivables within one year +€1,102
up €1,102 (+3.5%), from €31,921 to €33,023
of which Trade receivables: +€2,124
- Debts after one year +€15,781
up €15,781 (+7,871%), from €200 to €15,982
- Trade debts -€8,936
down €8,936 (-42.7%), from €20,910 to €11,974
- Tax, wage and social debts +€4,867
up €4,867 (+39.9%), from €12,200 to €17,067
- Current portion of long-term debt +€2,359
up €2,359 (+91.7%), from €2,574 to €4,933
- Other debts -€1,807
down €1,807 (-15.6%), from €11,547 to €9,741
- Gross operating margin +€24,275
up €24,275 (+55.1%), from €44,030 to €68,305
- Depreciation +€9,689
up €9,689 (+90.4%), from €10,723 to €20,412
- Taxes +€2,425
up €2,425 (+21.5%), from €11,300 to €13,725
- Financial charges +€1,177
up €1,177 (+152%), from €772 to €1,949
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.
Derived cash bridge
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 | €93,949 | €106,214 | +€12,265 | +13.1% |
| Fixed assets | 21/28 | €29,120 | €38,982 | +€9,862 | +33.9% |
| Tangible fixed assets | 22/27 | €28,310 | €38,172 | +€9,862 | +34.8% |
| Plant, machinery and equipment | 23 | €10,083 | €24,342 | +€14,259 | +141% |
| Furniture and vehicles | 24 | €18,227 | €13,830 | -€4,397 | -24.1% |
| Financial fixed assets | 28 | €810 | €810 | = | 0.0% |
| Current assets | 29/58 | €64,829 | €67,231 | +€2,402 | +3.7% |
| Amounts receivable within one year | 40/41 | €31,921 | €33,023 | +€1,102 | +3.5% |
| Trade receivables | 40 | €22,505 | €24,629 | +€2,124 | +9.4% |
| Other amounts receivable | 41 | €9,416 | €8,394 | -€1,022 | -10.9% |
| Cash at bank and in hand | 54/58 | €26,862 | €34,022 | +€7,160 | +26.7% |
| Deferred charges and accrued income | 490/1 | €6,046 | €187 | -€5,859 | -96.9% |
| Total equity and liabilities | 10/49 | €93,949 | €106,214 | +€12,265 | +13.1% |
| Equity | 10/15 | €46,518 | €46,518 | = | 0.0% |
| Contributions | 10/11 | €9,916 | €9,916 | = | 0.0% |
| Reserves | 13 | €36,602 | €36,602 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €34,602 | €34,602 | = | 0.0% |
| Amounts payable | 17/49 | €47,432 | €59,696 | +€12,265 | +25.9% |
| Amounts payable after more than one year | 17 | €200 | €15,982 | +€15,781 | +7,871% |
| Financial debts | 170/4 | €200 | €15,982 | +€15,781 | +7,871% |
| Amounts payable within one year | 42/48 | €47,231 | €43,714 | -€3,517 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €2,574 | €4,933 | +€2,359 | +91.7% |
| Trade debts | 44 | €20,910 | €11,974 | -€8,936 | -42.7% |
| Suppliers | 440/4 | €20,910 | €11,974 | -€8,936 | -42.7% |
| Taxes, remuneration and social security | 45 | €12,200 | €17,067 | +€4,867 | +39.9% |
| Taxes | 450/3 | €12,200 | €17,067 | +€4,867 | +39.9% |
| Other amounts payable | 47/48 | €11,547 | €9,741 | -€1,807 | -15.6% |
| Non-recurring operating income | 76A | - | €2,231 | +€2,231 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,723 | €20,412 | +€9,689 | +90.4% |
| Other operating charges | 640/8 | €1,091 | €927 | -€164 | -15.1% |
| Gross operating margin | 9900 | €44,030 | €68,305 | +€24,275 | +55.1% |
| Operating profit (loss) | 9901 | €32,216 | €46,966 | +€14,750 | +45.8% |
| Financial income | 75/76B | €257 | €449 | +€192 | +74.7% |
| Recurring financial income | 75 | €257 | €449 | +€192 | +74.7% |
| Financial charges | 65/66B | €772 | €1,949 | +€1,177 | +152% |
| Recurring financial charges | 65 | €772 | €1,949 | +€1,177 | +152% |
| Profit (loss) for the period before taxes | 9903 | €31,700 | €45,465 | +€13,765 | +43.4% |
| Income taxes | 67/77 | €11,300 | €13,725 | +€2,425 | +21.5% |
| Profit (loss) for the period | 9904 | €20,400 | €31,741 | +€11,340 | +55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,400 | €31,741 | +€11,340 | +55.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.