Track Vibes: 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.
Track Vibes
Largest movements
- Cash -€4,650
down €4,650 (-60.9%), from €7,632 to €2,982
mainly Net result for the year (-€11,661) and Tax, wage and social debts (-€1,311)
- Tangible fixed assets -€3,691
down €3,691 (-32.4%), from €11,397 to €7,706
- Receivables within one year +€722
up €722 (+92.8%), from €778 to €1,499
of which Other amounts receivable: +€1,436
- Financial fixed assets -€500
no longer reported in 2025 (was €500)
- Profit (loss) carried forward -€11,661
down €11,661 (-219.0%), from -€5,324 to -€16,986
- Other debts +€3,500
up €3,500 (+14.6%), from €23,946 to €27,446
- Tax, wage and social debts -€1,311
no longer reported in 2025 (was €1,311)
- Trade debts +€1,007
new in 2025: €1,007
- Gross operating margin -€7,475
down €7,475 (-4643.0%), from -€161 to -€7,636
- Depreciation -€1,024
down €1,024 (-20.8%), from €4,925 to €3,901
- Financial charges -€99
down €99 (-49.4%), from €200 to €101
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 | €21,932 | €13,467 | -€8,465 | -38.6% |
| Fixed assets | 21/28 | €12,666 | €8,265 | -€4,401 | -34.7% |
| Intangible fixed assets | 21 | €769 | €559 | -€210 | -27.3% |
| Tangible fixed assets | 22/27 | €11,397 | €7,706 | -€3,691 | -32.4% |
| Plant, machinery and equipment | 23 | €11,397 | €7,706 | -€3,691 | -32.4% |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €9,266 | €5,202 | -€4,064 | -43.9% |
| Amounts receivable within one year | 40/41 | €778 | €1,499 | +€722 | +92.8% |
| Trade receivables | 40 | €714 | - | -€714 | |
| Other amounts receivable | 41 | €64 | €1,499 | +€1,436 | +2247.0% |
| Cash at bank and in hand | 54/58 | €7,632 | €2,982 | -€4,650 | -60.9% |
| Deferred charges and accrued income | 490/1 | €857 | €720 | -€136 | -15.9% |
| Total equity and liabilities | 10/49 | €21,932 | €13,467 | -€8,465 | -38.6% |
| Equity | 10/15 | -€3,324 | -€14,986 | -€11,661 | -350.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,324 | -€16,986 | -€11,661 | -219.0% |
| Amounts payable | 17/49 | €25,257 | €28,453 | +€3,196 | +12.7% |
| Amounts payable within one year | 42/48 | €25,257 | €28,453 | +€3,196 | +12.7% |
| Trade debts | 44 | - | €1,007 | +€1,007 | |
| Suppliers | 440/4 | - | €1,007 | +€1,007 | |
| Taxes, remuneration and social security | 45 | €1,311 | - | -€1,311 | |
| Taxes | 450/3 | €1,311 | - | -€1,311 | |
| Other amounts payable | 47/48 | €23,946 | €27,446 | +€3,500 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,925 | €3,901 | -€1,024 | -20.8% |
| Other operating charges | 640/8 | €44 | €44 | = | 0.0% |
| Gross operating margin | 9900 | -€161 | -€7,636 | -€7,475 | -4643.0% |
| Operating profit (loss) | 9901 | -€5,130 | -€11,581 | -€6,451 | -125.7% |
| Financial income | 75/76B | €6 | €21 | +€15 | +244.3% |
| Recurring financial income | 75 | €6 | €21 | +€15 | +244.3% |
| Financial charges | 65/66B | €200 | €101 | -€99 | -49.4% |
| Recurring financial charges | 65 | €200 | €101 | -€99 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,324 | -€11,661 | -€6,337 | -119.0% |
| Profit (loss) for the period | 9904 | -€5,324 | -€11,661 | -€6,337 | -119.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,324 | -€11,661 | -€6,337 | -119.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.