TRACKDAYS.be: 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.
TRACKDAYS.be
Largest movements
- Deferred charges and accrued income -€43,315
no longer reported in 2023 (was €43,315)
- Receivables within one year -€35,224
down €35,224 (-77.4%), from €45,490 to €10,267
of which Other amounts receivable: -€36,461
- Cash +€15,430
up €15,430 (+56.7%), from €27,195 to €42,625
mainly Deferred charges and accrued income (+€43,315) and Receivables within one year (+€35,224)
- Stocks and contracts +€14,821
up €14,821 (+584.8%), from €2,535 to €17,356
- Tangible fixed assets +€9,837
up €9,837 (+47.8%), from €20,562 to €30,399
of which Furniture and vehicles: +€9,077
- Trade debts -€42,147
down €42,147 (-42.7%), from €98,812 to €56,664
- Profit (loss) carried forward +€2,601
up €2,601 (+359.4%), from €724 to €3,325
- Gross operating margin -€24,298
down €24,298 (-58.5%), from €41,520 to €17,223
- Depreciation -€5,174
down €5,174 (-38.2%), from €13,545 to €8,371
- Financial income +€1,405
new in 2023: €1,405
- Taxes -€946
down €946 (-18.9%), from €5,000 to €4,054
- Financial charges +€699
up €699 (+29.3%), from €2,386 to €3,085
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,277 | €101,052 | -€39,225 | -28.0% |
| Fixed assets | 21/28 | €21,741 | €30,805 | +€9,063 | +41.7% |
| Intangible fixed assets | 21 | €1,044 | €271 | -€774 | -74.1% |
| Tangible fixed assets | 22/27 | €20,562 | €30,399 | +€9,837 | +47.8% |
| Plant, machinery and equipment | 23 | €6,343 | €7,104 | +€760 | +12.0% |
| Furniture and vehicles | 24 | €14,219 | €23,295 | +€9,077 | +63.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €118,536 | €70,247 | -€48,288 | -40.7% |
| Stocks and contracts in progress | 3 | €2,535 | €17,356 | +€14,821 | +584.8% |
| Stocks | 30/36 | €2,535 | €17,356 | +€14,821 | +584.8% |
| Amounts receivable within one year | 40/41 | €45,490 | €10,267 | -€35,224 | -77.4% |
| Trade receivables | 40 | €4,950 | €6,187 | +€1,237 | +25.0% |
| Other amounts receivable | 41 | €40,540 | €4,080 | -€36,461 | -89.9% |
| Cash at bank and in hand | 54/58 | €27,195 | €42,625 | +€15,430 | +56.7% |
| Deferred charges and accrued income | 490/1 | €43,315 | - | -€43,315 | |
| Total equity and liabilities | 10/49 | €140,277 | €101,052 | -€39,225 | -28.0% |
| Equity | 10/15 | €41,184 | €43,785 | +€2,601 | +6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,860 | €21,860 | = | 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 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €724 | €3,325 | +€2,601 | +359.4% |
| Amounts payable | 17/49 | €99,093 | €57,267 | -€41,826 | -42.2% |
| Amounts payable within one year | 42/48 | €99,093 | €57,267 | -€41,826 | -42.2% |
| Trade debts | 44 | €98,812 | €56,664 | -€42,147 | -42.7% |
| Suppliers | 440/4 | €98,812 | €56,664 | -€42,147 | -42.7% |
| Taxes, remuneration and social security | 45 | €93 | - | -€93 | |
| Taxes | 450/3 | €93 | - | -€93 | |
| Other amounts payable | 47/48 | €188 | €603 | +€415 | +220.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,545 | €8,371 | -€5,174 | -38.2% |
| Other operating charges | 640/8 | €590 | €516 | -€73 | -12.4% |
| Gross operating margin | 9900 | €41,520 | €17,223 | -€24,298 | -58.5% |
| Operating profit (loss) | 9901 | €27,386 | €8,336 | -€19,050 | -69.6% |
| Financial income | 75/76B | - | €1,405 | +€1,405 | |
| Recurring financial income | 75 | - | €1,405 | +€1,405 | |
| Financial charges | 65/66B | €2,386 | €3,085 | +€699 | +29.3% |
| Recurring financial charges | 65 | €2,386 | €3,085 | +€699 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | €25,000 | €6,655 | -€18,345 | -73.4% |
| Income taxes | 67/77 | €5,000 | €4,054 | -€946 | -18.9% |
| Profit (loss) for the period | 9904 | €20,000 | €2,601 | -€17,399 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,000 | €2,601 | -€17,399 | -87.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.