BEEF TECH RACING: what changed
Two fiscal 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.
BEEF TECH RACING
Largest movements
- Tangible fixed assets +€8,971
up €8,971, from €0 to €8,971
- Receivables within one year +€2,547
up €2,547 (+86.5%), from €2,945 to €5,492
of which Other amounts receivable: +€4,716
- Cash +€2,376
up €2,376 (+40.0%), from €5,939 to €8,315
mainly Net result for the year (+€13,796) and Tax, wage and social debts (+€3,000)
- Current investments -€1,890
down €1,890 (-15.8%), from €11,929 to €10,038
- Reserves +€13,796
up €13,796 (+266.5%), from €5,176 to €18,972
of which Distributable reserves: +€13,796
- Other debts -€7,039
down €7,039 (-100.0%), from €7,039 to €0
- Tax, wage and social debts +€3,000
up €3,000 (+125.0%), from €2,400 to €5,400
- Trade debts +€2,246
up €2,246, from €0 to €2,246
- Gross operating margin +€8,066
up €8,066 (+69.7%), from €11,571 to €19,637
- Other operating charges -€4,857
down €4,857 (-74.4%), from €6,528 to €1,671
- Taxes +€1,817
up €1,817 (+83.3%), from €2,183 to €4,000
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.
Cash bridge derived
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 | €20,812 | €32,816 | +€12,004 | +57.7% |
| Fixed assets | 21/28 | €0 | €8,971 | +€8,971 | |
| Tangible fixed assets | 22/27 | €0 | €8,971 | +€8,971 | |
| Furniture and vehicles | 24 | €0 | €8,971 | +€8,971 | |
| Current assets | 29/58 | €20,812 | €23,845 | +€3,033 | +14.6% |
| Amounts receivable within one year | 40/41 | €2,945 | €5,492 | +€2,547 | +86.5% |
| Trade receivables | 40 | €2,168 | €0 | -€2,168 | -100.0% |
| Other amounts receivable | 41 | €776 | €5,492 | +€4,716 | +607.4% |
| Current investments | 50/53 | €11,929 | €10,038 | -€1,890 | -15.8% |
| Cash at bank and in hand | 54/58 | €5,939 | €8,315 | +€2,376 | +40.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €20,812 | €32,816 | +€12,004 | +57.7% |
| Equity | 10/15 | €11,374 | €25,170 | +€13,796 | +121.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €5,176 | €18,972 | +€13,796 | +266.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €3,317 | €17,113 | +€13,796 | +415.9% |
| Amounts payable | 17/49 | €9,439 | €7,646 | -€1,792 | -19.0% |
| Amounts payable within one year | 42/48 | €9,439 | €7,646 | -€1,792 | -19.0% |
| Trade debts | 44 | €0 | €2,246 | +€2,246 | |
| Suppliers | 440/4 | €0 | €2,246 | +€2,246 | |
| Taxes, remuneration and social security | 45 | €2,400 | €5,400 | +€3,000 | +125.0% |
| Taxes | 450/3 | €2,400 | €5,400 | +€3,000 | +125.0% |
| Other amounts payable | 47/48 | €7,039 | €0 | -€7,039 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €152 | +€152 | |
| Other operating charges | 640/8 | €6,528 | €1,671 | -€4,857 | -74.4% |
| Gross operating margin | 9900 | €11,571 | €19,637 | +€8,066 | +69.7% |
| Operating profit (loss) | 9901 | €5,043 | €17,814 | +€12,770 | +253.2% |
| Financial income | 75/76B | - | €157 | +€157 | |
| Recurring financial income | 75 | - | €157 | +€157 | |
| Financial charges | 65/66B | €12 | €174 | +€162 | +1334.2% |
| Recurring financial charges | 65 | €12 | €174 | +€162 | +1334.2% |
| Profit (loss) for the period before taxes | 9903 | €5,031 | €17,796 | +€12,765 | +253.7% |
| Income taxes | 67/77 | €2,183 | €4,000 | +€1,817 | +83.3% |
| Profit (loss) for the period | 9904 | €2,849 | €13,796 | +€10,947 | +384.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,849 | €13,796 | +€10,947 | +384.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.