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BDI Racing Team: what changed

What changed

BDI Racing Team

BE 0781.582.448
NACE 01.430, Raising of horses and other equines
filed annual accounts (NBB)
Financial years compared with
Net result for the year
-€240,943
2024 · -€210,166-€30,777
Equity
-€544,632
2024 · -€303,689-€240,943
Cash
€2,319
2024 · €17,034-€14,715
Balance sheet total
€1.0m
2024 · €944,023+€97,403

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€103,900

    up €103,900 (+11.6%), from €898,699 to €1.0m

  • Cash -€14,715

    down €14,715 (-86.4%), from €17,034 to €2,319

    mainly Net result for the year (-€240,943) and Other debts (-€235,991)

Equity and liabilities
  • Debts after one year +€580,991

    new in 2025: €580,991

  • Profit (loss) carried forward -€240,943

    down €240,943 (-75.6%), from -€318,689 to -€559,632

  • Other debts -€235,991

    down €235,991 (-19.7%), from €1.2m to €962,807

Income statement
  • Gross operating margin -€177,046

    down €177,046 (-300%), from -€58,927 to -€235,973

  • Other operating charges -€145,972

    down €145,972 (-96.7%), from €150,970 to €4,998

Change in the result, 2024 to 2025

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2024 -€210,166
Gross operating margin -€177,046
Other operating charges +€145,972
Financial income +€309
Financial charges -€12
Result 2025 -€240,943
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations -€595,706
Investment €0
Financing +€580,991
Cash 2024 €17,034
Net result for the year -€240,943
Stocks and contracts -€103,900
Receivables within one year -€8,218
Trade debts -€8,204
Tax, wage and social debts +€1,550
Other debts -€235,991
Debts after one year +€580,991
Cash 2025 €2,319
brings cash intakes cash out
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €944,023 €1,041,427 +€97,403 +10.3%
Fixed assets 21/28 €800 €800 = 0.0%
Financial fixed assets 28 €800 €800 = 0.0%
Current assets 29/58 €943,223 €1,040,627 +€97,403 +10.3%
Stocks and contracts in progress 3 €898,699 €1,002,599 +€103,900 +11.6%
Stocks 30/36 €898,699 €1,002,599 +€103,900 +11.6%
Amounts receivable within one year 40/41 €27,490 €35,708 +€8,218 +29.9%
Trade receivables 40 - €5,867 +€5,867
Other amounts receivable 41 €27,490 €29,841 +€2,351 +8.6%
Cash at bank and in hand 54/58 €17,034 €2,319 -€14,715 -86.4%
Total equity and liabilities 10/49 €944,023 €1,041,427 +€97,403 +10.3%
Equity 10/15 -€303,689 -€544,632 -€240,943 -79.3%
Contributions 10/11 €15,000 €15,000 = 0.0%
Profit (loss) carried forward 14 -€318,689 -€559,632 -€240,943 -75.6%
Amounts payable 17/49 €1,247,713 €1,586,059 +€338,346 +27.1%
Amounts payable after more than one year 17 - €580,991 +€580,991
Financial debts 170/4 - €580,991 +€580,991
Amounts payable within one year 42/48 €1,247,713 €1,005,067 -€242,645 -19.4%
Trade debts 44 €48,914 €40,711 -€8,204 -16.8%
Suppliers 440/4 €48,914 €40,711 -€8,204 -16.8%
Taxes, remuneration and social security 45 - €1,550 +€1,550
Taxes 450/3 - €1,550 +€1,550
Other amounts payable 47/48 €1,198,798 €962,807 -€235,991 -19.7%
Other operating charges 640/8 €150,970 €4,998 -€145,972 -96.7%
Gross operating margin 9900 -€58,927 -€235,973 -€177,046 -300%
Operating profit (loss) 9901 -€209,897 -€240,971 -€31,074 -14.8%
Financial income 75/76B - €309 +€309
Recurring financial income 75 - €309 +€309
Financial charges 65/66B €269 €281 +€12 +4.4%
Recurring financial charges 65 €269 €281 +€12 +4.4%
Profit (loss) for the period before taxes 9903 -€210,166 -€240,943 -€30,777 -14.6%
Profit (loss) for the period 9904 -€210,166 -€240,943 -€30,777 -14.6%
Profit (loss) for the period to be appropriated 9905 -€210,166 -€240,943 -€30,777 -14.6%
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.