Antwerp Rowing Club: 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.
Antwerp Rowing Club
Largest movements
- Tangible fixed assets -€14,857
down €14,857 (-2.2%), from €665,602 to €650,745
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€1,996
up €1,996 (+21.5%), from €9,303 to €11,299
- Other operating charges -€544
down €544 (-29.5%), from €1,847 to €1,303
- Financial charges +€482
up €482 (+725%), from €66 to €548
- Taxes +€391
up €391, from -€391 to €0
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 | €666,819 | €656,605 | -€10,215 | -1.5% |
| Fixed assets | 21/28 | €665,602 | €650,745 | -€14,857 | -2.2% |
| Tangible fixed assets | 22/27 | €665,602 | €650,745 | -€14,857 | -2.2% |
| Land and buildings | 22 | €665,602 | €650,745 | -€14,857 | -2.2% |
| Current assets | 29/58 | €1,218 | €5,860 | +€4,642 | +381% |
| Amounts receivable within one year | 40/41 | €497 | €497 | = | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €497 | €497 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €720 | €5,363 | +€4,642 | +644% |
| Total equity and liabilities | 10/49 | €666,819 | €656,605 | -€10,215 | -1.5% |
| Equity | 10/15 | €651,819 | €646,410 | -€5,409 | -0.8% |
| Contributions | 10/11 | €26,817 | €26,817 | = | 0.0% |
| Profit (loss) carried forward | 14 | €625,002 | €619,593 | -€5,409 | -0.9% |
| Amounts payable | 17/49 | €15,000 | €10,195 | -€4,805 | -32.0% |
| Amounts payable after more than one year | 17 | €15,000 | €10,195 | -€4,805 | -32.0% |
| Financial debts | 170/4 | €15,000 | €10,195 | -€4,805 | -32.0% |
| Amounts payable within one year | 42/48 | €0 | - | = | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,857 | €14,857 | = | 0.0% |
| Other operating charges | 640/8 | €1,847 | €1,303 | -€544 | -29.5% |
| Gross operating margin | 9900 | €9,303 | €11,299 | +€1,996 | +21.5% |
| Operating profit (loss) | 9901 | -€7,401 | -€4,861 | +€2,540 | +34.3% |
| Financial charges | 65/66B | €66 | €548 | +€482 | +725% |
| Recurring financial charges | 65 | €66 | €548 | +€482 | +725% |
| Profit (loss) for the period before taxes | 9903 | -€7,467 | -€5,409 | +€2,058 | +27.6% |
| Income taxes | 67/77 | -€391 | €0 | +€391 | |
| Profit (loss) for the period | 9904 | -€7,076 | -€5,409 | +€1,667 | +23.6% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,076 | -€5,409 | +€1,667 | +23.6% |
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 22 October 2026 via checked.be.