TRACKSIDE: 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.
TRACKSIDE
Largest movements
- Receivables after one year -€35,000
down €35,000 (-76.9%), from €45,500 to €10,500
- Tangible fixed assets -€11,737
down €11,737 (-26.6%), from €44,045 to €32,308
- Receivables within one year -€3,127
down €3,127 (-31.1%), from €10,058 to €6,931
of which Other amounts receivable: -€8,076
- Deferred charges and accrued income +€2,182
up €2,182 (+16.8%), from €13,012 to €15,194
- Cash +€1,652
up €1,652 (+2,173%), from €76 to €1,728
mainly Receivables after one year (+€35,000) and Depreciation (+€11,737)
- Profit (loss) carried forward -€36,831
down €36,831 (-72.6%), from -€50,743 to -€87,574
- Debts after one year -€9,499
down €9,499 (-44.3%), from €21,423 to €11,924
- Other operating charges -€8,941
down €8,941 (-92.2%), from €9,697 to €756
- Gross operating margin +€4,857
up €4,857 (+17.7%), from -€27,446 to -€22,589
- Financial income -€913
down €913 (-75.9%), from €1,203 to €290
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 | €112,691 | €66,660 | -€46,030 | -40.8% |
| Fixed assets | 21/28 | €44,045 | €32,308 | -€11,737 | -26.6% |
| Tangible fixed assets | 22/27 | €44,045 | €32,308 | -€11,737 | -26.6% |
| Furniture and vehicles | 24 | €44,045 | €32,308 | -€11,737 | -26.6% |
| Current assets | 29/58 | €68,646 | €34,352 | -€34,294 | -50.0% |
| Amounts receivable after more than one year | 29 | €45,500 | €10,500 | -€35,000 | -76.9% |
| Other amounts receivable | 291 | €45,500 | €10,500 | -€35,000 | -76.9% |
| Amounts receivable within one year | 40/41 | €10,058 | €6,931 | -€3,127 | -31.1% |
| Trade receivables | 40 | €1,519 | €6,468 | +€4,949 | +326% |
| Other amounts receivable | 41 | €8,539 | €463 | -€8,076 | -94.6% |
| Cash at bank and in hand | 54/58 | €76 | €1,728 | +€1,652 | +2,173% |
| Deferred charges and accrued income | 490/1 | €13,012 | €15,194 | +€2,182 | +16.8% |
| Total equity and liabilities | 10/49 | €112,691 | €66,660 | -€46,030 | -40.8% |
| Equity | 10/15 | €80,821 | €43,990 | -€36,831 | -45.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €113,014 | €113,014 | = | 0.0% |
| Distributable reserves | 133 | €113,014 | €113,014 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,743 | -€87,574 | -€36,831 | -72.6% |
| Amounts payable | 17/49 | €31,870 | €22,671 | -€9,200 | -28.9% |
| Amounts payable after more than one year | 17 | €21,423 | €11,924 | -€9,499 | -44.3% |
| Financial debts | 170/4 | €21,423 | €11,924 | -€9,499 | -44.3% |
| Amounts payable within one year | 42/48 | €10,447 | €10,746 | +€299 | +2.9% |
| Financial debts | 43 | €8,878 | €9,499 | +€621 | +7.0% |
| Credit institutions | 430/8 | €8,878 | €9,499 | +€621 | +7.0% |
| Trade debts | 44 | €1,186 | €584 | -€602 | -50.8% |
| Suppliers | 440/4 | €1,186 | €584 | -€602 | -50.8% |
| Taxes, remuneration and social security | 45 | €192 | €184 | -€8 | -4.3% |
| Taxes | 450/3 | €192 | €184 | -€8 | -4.3% |
| Other amounts payable | 47/48 | €191 | €480 | +€289 | +152% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,642 | €11,737 | +€95 | +0.8% |
| Other operating charges | 640/8 | €9,697 | €756 | -€8,941 | -92.2% |
| Non-recurring operating charges | 66A | €950 | €0 | -€950 | -100% |
| Gross operating margin | 9900 | -€27,446 | -€22,589 | +€4,857 | +17.7% |
| Operating profit (loss) | 9901 | -€49,735 | -€35,082 | +€14,653 | +29.5% |
| Financial income | 75/76B | €1,203 | €290 | -€913 | -75.9% |
| Recurring financial income | 75 | €1,203 | €290 | -€913 | -75.9% |
| Financial charges | 65/66B | €2,020 | €1,855 | -€165 | -8.2% |
| Recurring financial charges | 65 | €2,020 | €1,855 | -€165 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€50,551 | -€36,647 | +€13,904 | +27.5% |
| Income taxes | 67/77 | €192 | €184 | -€8 | -4.3% |
| Profit (loss) for the period | 9904 | -€50,743 | -€36,831 | +€13,912 | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,743 | -€36,831 | +€13,912 | +27.4% |
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 18 October 2026 via checked.be.