TRACKS BVBA: 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.
TRACKS BVBA
Largest movements
- Receivables within one year +€230,835
up €230,835 (+33.2%), from €694,875 to €925,710
of which Other amounts receivable: +€272,583
- Profit (loss) carried forward +€254,263
up €254,263 (+66.0%), from €385,412 to €639,675
- Current portion of long-term debt +€100,000
new in 2025: €100,000
- Short-term financial debts -€82,918
down €82,918 (-68.4%), from €121,258 to €38,341
- Tax, wage and social debts -€33,750
down €33,750 (-30.0%), from €112,437 to €78,687
- Gross operating margin +€153,830
up €153,830 (+132%), from €116,934 to €270,764
- Turnover +€114,117
up €114,117 (+52.2%), from €218,727 to €332,844
- Purchases and services -€39,713
down €39,713 (-39.0%), from €101,793 to €62,080
- Taxes -€9,511
down €9,511 (-57.8%), from €16,457 to €6,946
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €722,624 | €957,354 | +€234,730 | +32.5% |
| Fixed assets | 21/28 | €3,000 | €3,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €719,624 | €954,354 | +€234,730 | +32.6% |
| Amounts receivable within one year | 40/41 | €694,875 | €925,710 | +€230,835 | +33.2% |
| Trade receivables | 40 | €41,748 | - | -€41,748 | |
| Other amounts receivable | 41 | €653,127 | €925,710 | +€272,583 | +41.7% |
| Deferred charges and accrued income | 490/1 | €24,749 | €28,643 | +€3,895 | +15.7% |
| Total equity and liabilities | 10/49 | €722,624 | €957,354 | +€234,730 | +32.5% |
| Equity | 10/15 | €391,612 | €645,875 | +€254,263 | +64.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | €385,412 | €639,675 | +€254,263 | +66.0% |
| Amounts payable | 17/49 | €331,011 | €311,479 | -€19,533 | -5.9% |
| Amounts payable within one year | 42/48 | €331,011 | €311,479 | -€19,533 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | - | €100,000 | +€100,000 | |
| Financial debts | 43 | €121,258 | €38,341 | -€82,918 | -68.4% |
| Credit institutions | 430/8 | €121,258 | €38,341 | -€82,918 | -68.4% |
| Trade debts | 44 | €97,316 | €94,451 | -€2,865 | -2.9% |
| Suppliers | 440/4 | €97,316 | €94,451 | -€2,865 | -2.9% |
| Taxes, remuneration and social security | 45 | €112,437 | €78,687 | -€33,750 | -30.0% |
| Taxes | 450/3 | €112,437 | €78,687 | -€33,750 | -30.0% |
| Turnover | 70 | €218,727 | €332,844 | +€114,117 | +52.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €101,793 | €62,080 | -€39,713 | -39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,763 | - | -€1,763 | |
| Other operating charges | 640/8 | €3,330 | €1,619 | -€1,711 | -51.4% |
| Gross operating margin | 9900 | €116,934 | €270,764 | +€153,830 | +132% |
| Operating profit (loss) | 9901 | €111,840 | €269,145 | +€157,304 | +141% |
| Financial income | 75/76B | €77 | - | -€77 | |
| Recurring financial income | 75 | €77 | - | -€77 | |
| Financial charges | 65/66B | €8,164 | €7,936 | -€228 | -2.8% |
| Recurring financial charges | 65 | €8,164 | €7,936 | -€228 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €103,753 | €261,209 | +€157,456 | +152% |
| Income taxes | 67/77 | €16,457 | €6,946 | -€9,511 | -57.8% |
| Profit (loss) for the period | 9904 | €87,296 | €254,263 | +€166,967 | +191% |
| Profit (loss) for the period to be appropriated | 9905 | €87,296 | €254,263 | +€166,967 | +191% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.