TRACKSTORE TRADING: 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.
TRACKSTORE TRADING
Largest movements
- Receivables within one year -€143,287
down €143,287 (-10.3%), from €1.4m to €1.3m
of which Other amounts receivable: -€173,761
- Cash +€75,893
up €75,893 (+168%), from €45,178 to €121,071
mainly Net result for the year (+€489,479) and Receivables within one year (+€143,287)
- Tangible fixed assets +€35,983
new in 2025: €35,983
- Other debts -€526,479
down €526,479 (-94.0%), from €560,096 to €33,617
- Reserves +€489,479
up €489,479 (+111%), from €442,936 to €932,415
- Debts after one year +€25,158
new in 2025: €25,158
- Gross operating margin +€45,500
up €45,500 (+6.3%), from €724,295 to €769,795
- Depreciation +€9,113
new in 2025: €9,113
- Taxes +€8,591
up €8,591 (+5.5%), from €155,193 to €163,784
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 | €1,473,855 | €1,456,812 | -€17,044 | -1.2% |
| Fixed assets | 21/28 | - | €35,983 | +€35,983 | |
| Tangible fixed assets | 22/27 | - | €35,983 | +€35,983 | |
| Leasing and similar rights | 25 | - | €35,983 | +€35,983 | |
| Current assets | 29/58 | €1,473,855 | €1,420,829 | -€53,027 | -3.6% |
| Amounts receivable within one year | 40/41 | €1,393,677 | €1,250,390 | -€143,287 | -10.3% |
| Trade receivables | 40 | €180,403 | €210,878 | +€30,475 | +16.9% |
| Other amounts receivable | 41 | €1,213,274 | €1,039,513 | -€173,761 | -14.3% |
| Cash at bank and in hand | 54/58 | €45,178 | €121,071 | +€75,893 | +168% |
| Deferred charges and accrued income | 490/1 | €35,000 | €49,367 | +€14,367 | +41.0% |
| Total equity and liabilities | 10/49 | €1,473,855 | €1,456,812 | -€17,044 | -1.2% |
| Equity | 10/15 | €453,992 | €943,471 | +€489,479 | +108% |
| Contributions | 10/11 | €11,057 | €11,057 | = | 0.0% |
| Reserves | 13 | €442,936 | €932,415 | +€489,479 | +111% |
| Distributable reserves | 133 | €442,936 | €932,415 | +€489,479 | +111% |
| Amounts payable | 17/49 | €1,019,863 | €513,340 | -€506,522 | -49.7% |
| Amounts payable after more than one year | 17 | - | €25,158 | +€25,158 | |
| Financial debts | 170/4 | - | €25,158 | +€25,158 | |
| Amounts payable within one year | 42/48 | €1,019,863 | €488,182 | -€531,681 | -52.1% |
| Current portion of amounts payable after more than one year | 42 | - | €11,023 | +€11,023 | |
| Financial debts | 43 | €55,704 | €44,185 | -€11,519 | -20.7% |
| Credit institutions | 430/8 | €55,704 | €44,185 | -€11,519 | -20.7% |
| Trade debts | 44 | €392,807 | €382,511 | -€10,296 | -2.6% |
| Suppliers | 440/4 | €392,807 | €382,511 | -€10,296 | -2.6% |
| Taxes, remuneration and social security | 45 | €11,256 | €16,846 | +€5,590 | +49.7% |
| Remuneration and social security | 454/9 | €11,256 | €16,846 | +€5,590 | +49.7% |
| Other amounts payable | 47/48 | €560,096 | €33,617 | -€526,479 | -94.0% |
| Remuneration, social security and pensions | 62 | €98,726 | €102,356 | +€3,630 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,113 | +€9,113 | |
| Other operating charges | 640/8 | €1,814 | €2,750 | +€936 | +51.6% |
| Gross operating margin | 9900 | €724,295 | €769,795 | +€45,500 | +6.3% |
| Operating profit (loss) | 9901 | €623,755 | €655,576 | +€31,821 | +5.1% |
| Financial income | 75/76B | €291 | €3,035 | +€2,744 | +945% |
| Recurring financial income | 75 | €291 | €3,035 | +€2,744 | +945% |
| Financial charges | 65/66B | €4,588 | €5,348 | +€760 | +16.6% |
| Recurring financial charges | 65 | €4,588 | €5,348 | +€760 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €619,458 | €653,263 | +€33,805 | +5.5% |
| Income taxes | 67/77 | €155,193 | €163,784 | +€8,591 | +5.5% |
| Profit (loss) for the period | 9904 | €464,265 | €489,479 | +€25,214 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €464,265 | €489,479 | +€25,214 | +5.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.