Anthony Lambert RACING: 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.
Anthony Lambert RACING
Largest movements
- Cash -€17,314
down €17,314 (-73.3%), from €23,629 to €6,315
mainly Investment in fixed assets (net) (-€33,449) and Net result for the year (-€23,502)
- Deferred charges and accrued income +€10,288
new in 2025: €10,288
- Receivables within one year +€9,870
up €9,870 (+46.1%), from €21,420 to €31,290
of which Trade receivables: +€5,631
- Tangible fixed assets +€1,902
up €1,902 (+5.1%), from €36,979 to €38,881
of which Furniture and vehicles: +€2,504
- Other debts +€37,044
up €37,044 (+3,742%), from €990 to €38,034
- Profit (loss) carried forward -€23,502
down €23,502 (-59.8%), from -€39,309 to -€62,810
- Current portion of long-term debt -€10,550
down €10,550 (-76.4%), from €13,808 to €3,258
- Tax, wage and social debts +€3,447
up €3,447 (+213%), from €1,616 to €5,064
- Debts after one year -€3,258
down €3,258 (-3.5%), from €93,258 to €90,000
of which Financial debts: -€3,258
- Depreciation +€5,294
up €5,294 (+20.0%), from €26,535 to €31,830
- Gross operating margin +€4,941
up €4,941 (+97.1%), from €5,091 to €10,033
- Financial charges -€779
down €779 (-54.8%), from €1,422 to €643
- Other operating charges +€720
up €720 (+211%), from €342 to €1,062
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 | €82,602 | €87,065 | +€4,463 | +5.4% |
| Fixed assets | 21/28 | €37,553 | €39,173 | +€1,619 | +4.3% |
| Intangible fixed assets | 21 | €574 | €292 | -€283 | -49.2% |
| Tangible fixed assets | 22/27 | €36,979 | €38,881 | +€1,902 | +5.1% |
| Plant, machinery and equipment | 23 | €2,022 | €1,420 | -€602 | -29.8% |
| Furniture and vehicles | 24 | €34,957 | €37,461 | +€2,504 | +7.2% |
| Current assets | 29/58 | €45,049 | €47,892 | +€2,844 | +6.3% |
| Amounts receivable within one year | 40/41 | €21,420 | €31,290 | +€9,870 | +46.1% |
| Trade receivables | 40 | €21,420 | €27,051 | +€5,631 | +26.3% |
| Other amounts receivable | 41 | - | €4,239 | +€4,239 | |
| Cash at bank and in hand | 54/58 | €23,629 | €6,315 | -€17,314 | -73.3% |
| Deferred charges and accrued income | 490/1 | - | €10,288 | +€10,288 | |
| Total equity and liabilities | 10/49 | €82,602 | €87,065 | +€4,463 | +5.4% |
| Equity | 10/15 | -€29,309 | -€52,810 | -€23,502 | -80.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,309 | -€62,810 | -€23,502 | -59.8% |
| Amounts payable | 17/49 | €111,911 | €139,875 | +€27,965 | +25.0% |
| Amounts payable after more than one year | 17 | €93,258 | €90,000 | -€3,258 | -3.5% |
| Financial debts | 170/4 | €3,258 | - | -€3,258 | |
| Other amounts payable | 178/9 | €90,000 | €90,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,893 | €46,355 | +€29,462 | +174% |
| Current portion of amounts payable after more than one year | 42 | €13,808 | €3,258 | -€10,550 | -76.4% |
| Trade debts | 44 | €479 | - | -€479 | |
| Suppliers | 440/4 | €479 | - | -€479 | |
| Taxes, remuneration and social security | 45 | €1,616 | €5,064 | +€3,447 | +213% |
| Taxes | 450/3 | €1,616 | €5,064 | +€3,447 | +213% |
| Other amounts payable | 47/48 | €990 | €38,034 | +€37,044 | +3,742% |
| Accrued charges and deferred income | 492/3 | €1,760 | €3,520 | +€1,760 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,535 | €31,830 | +€5,294 | +20.0% |
| Other operating charges | 640/8 | €342 | €1,062 | +€720 | +211% |
| Gross operating margin | 9900 | €5,091 | €10,033 | +€4,941 | +97.1% |
| Operating profit (loss) | 9901 | -€21,786 | -€22,858 | -€1,073 | -4.9% |
| Financial charges | 65/66B | €1,422 | €643 | -€779 | -54.8% |
| Recurring financial charges | 65 | €1,422 | €643 | -€779 | -54.8% |
| Profit (loss) for the period before taxes | 9903 | -€23,208 | -€23,502 | -€294 | -1.3% |
| Profit (loss) for the period | 9904 | -€23,208 | -€23,502 | -€294 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,208 | -€23,502 | -€294 | -1.3% |
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.