Track & Sell: 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.
Track & Sell
Largest movements
- Cash -€105,673
down €105,673 (-56.1%), from €188,203 to €82,529
mainly Receivables within one year (-€84,217) and Contributions, distributions and other (-€40,341)
- Receivables within one year +€84,217
up €84,217 (+470%), from €17,915 to €102,132
of which Other amounts receivable: +€79,281
- Tangible fixed assets +€6,059
up €6,059 (+68.1%), from €8,898 to €14,957
of which Furniture and vehicles: +€6,935
- Reserves -€9,870
down €9,870 (-4.1%), from €241,555 to €231,685
- Tax, wage and social debts -€5,977
down €5,977 (-38.0%), from €15,720 to €9,743
- Accrued charges and deferred income -€3,457
down €3,457 (-97.0%), from €3,564 to €107
- Trade debts +€3,170
up €3,170 (+184%), from €1,725 to €4,895
- Gross operating margin -€18,041
down €18,041 (-27.3%), from €66,165 to €48,124
- Taxes -€5,502
down €5,502 (-32.0%), from €17,197 to €11,695
- Depreciation +€2,499
up €2,499 (+85.2%), from €2,932 to €5,430
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 | €279,098 | €263,733 | -€15,365 | -5.5% |
| Fixed assets | 21/28 | €8,898 | €14,957 | +€6,059 | +68.1% |
| Tangible fixed assets | 22/27 | €8,898 | €14,957 | +€6,059 | +68.1% |
| Furniture and vehicles | 24 | €3,745 | €10,680 | +€6,935 | +185% |
| Other tangible fixed assets | 26 | €5,153 | €4,277 | -€876 | -17.0% |
| Current assets | 29/58 | €270,199 | €248,776 | -€21,424 | -7.9% |
| Amounts receivable within one year | 40/41 | €17,915 | €102,132 | +€84,217 | +470% |
| Trade receivables | 40 | €17,915 | €22,851 | +€4,936 | +27.6% |
| Other amounts receivable | 41 | - | €79,281 | +€79,281 | |
| Current investments | 50/53 | €63,358 | €63,358 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €188,203 | €82,529 | -€105,673 | -56.1% |
| Deferred charges and accrued income | 490/1 | €723 | €756 | +€33 | +4.5% |
| Total equity and liabilities | 10/49 | €279,098 | €263,733 | -€15,365 | -5.5% |
| Equity | 10/15 | €253,955 | €244,085 | -€9,870 | -3.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €241,555 | €231,685 | -€9,870 | -4.1% |
| Distributable reserves | 133 | €241,555 | €231,685 | -€9,870 | -4.1% |
| Amounts payable | 17/49 | €25,143 | €19,648 | -€5,495 | -21.9% |
| Amounts payable within one year | 42/48 | €21,579 | €19,541 | -€2,038 | -9.4% |
| Trade debts | 44 | €1,725 | €4,895 | +€3,170 | +184% |
| Suppliers | 440/4 | €1,725 | €4,895 | +€3,170 | +184% |
| Taxes, remuneration and social security | 45 | €15,720 | €9,743 | -€5,977 | -38.0% |
| Taxes | 450/3 | €15,720 | €9,743 | -€5,977 | -38.0% |
| Other amounts payable | 47/48 | €4,134 | €4,903 | +€769 | +18.6% |
| Accrued charges and deferred income | 492/3 | €3,564 | €107 | -€3,457 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,932 | €5,430 | +€2,499 | +85.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €66,165 | €48,124 | -€18,041 | -27.3% |
| Operating profit (loss) | 9901 | €62,846 | €42,294 | -€20,552 | -32.7% |
| Financial income | 75/76B | €5 | €108 | +€103 | +2,011% |
| Recurring financial income | 75 | €5 | €108 | +€103 | +2,011% |
| Financial charges | 65/66B | €582 | €236 | -€346 | -59.4% |
| Recurring financial charges | 65 | €582 | €236 | -€346 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | €62,269 | €42,166 | -€20,103 | -32.3% |
| Income taxes | 67/77 | €17,197 | €11,695 | -€5,502 | -32.0% |
| Profit (loss) for the period | 9904 | €45,072 | €30,471 | -€14,601 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €45,072 | €30,471 | -€14,601 | -32.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.