BILZER KARTING: 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.
BILZER KARTING
Largest movements
- Cash -€87,575
down €87,575 (-29.8%), from €293,568 to €205,993
mainly Tax, wage and social debts (-€67,261) and Other debts (-€29,352)
- Tangible fixed assets -€32,818
down €32,818 (-19.1%), from €172,096 to €139,278
of which Plant, machinery and equipment: -€28,726
- Receivables within one year +€22,017
up €22,017 (+2.0%), from €1.1m to €1.1m
of which Trade receivables: +€26,358
- Tax, wage and social debts -€67,261
down €67,261 (-94.8%), from €70,973 to €3,712
- Other debts -€29,352
down €29,352 (-48.7%), from €60,231 to €30,880
- Gross operating margin -€1.2m
down €1.2m (-95.5%), from €1.2m to €55,117
- Taxes -€380,485
down €380,485 (-99.9%), from €380,973 to €488
- Financial charges +€21,004
up €21,004 (+3169.8%), from €663 to €21,666
of which Non-recurring financial charges: +€21,017
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 | €1,587,799 | €1,489,424 | -€98,376 | -6.2% |
| Fixed assets | 21/28 | €172,096 | €139,278 | -€32,818 | -19.1% |
| Tangible fixed assets | 22/27 | €172,096 | €139,278 | -€32,818 | -19.1% |
| Plant, machinery and equipment | 23 | €166,615 | €137,888 | -€28,726 | -17.2% |
| Furniture and vehicles | 24 | €5,481 | €1,389 | -€4,092 | -74.6% |
| Current assets | 29/58 | €1,415,704 | €1,350,146 | -€65,558 | -4.6% |
| Amounts receivable within one year | 40/41 | €1,122,135 | €1,144,153 | +€22,017 | +2.0% |
| Trade receivables | 40 | €2,392 | €28,751 | +€26,358 | +1101.9% |
| Other amounts receivable | 41 | €1,119,743 | €1,115,402 | -€4,341 | -0.4% |
| Cash at bank and in hand | 54/58 | €293,568 | €205,993 | -€87,575 | -29.8% |
| Total equity and liabilities | 10/49 | €1,587,799 | €1,489,424 | -€98,376 | -6.2% |
| Equity | 10/15 | €1,455,090 | €1,453,835 | -€1,255 | -0.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,393,090 | €1,391,835 | -€1,255 | -0.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,386,890 | €1,385,635 | -€1,255 | -0.1% |
| Amounts payable | 17/49 | €132,710 | €35,588 | -€97,121 | -73.2% |
| Amounts payable within one year | 42/48 | €132,710 | €35,588 | -€97,121 | -73.2% |
| Trade debts | 44 | €1,505 | €996 | -€508 | -33.8% |
| Suppliers | 440/4 | €1,505 | €996 | -€508 | -33.8% |
| Taxes, remuneration and social security | 45 | €70,973 | €3,712 | -€67,261 | -94.8% |
| Taxes | 450/3 | €70,973 | €3,712 | -€67,261 | -94.8% |
| Other amounts payable | 47/48 | €60,231 | €30,880 | -€29,352 | -48.7% |
| Non-recurring operating income | 76A | €1,118,494 | - | -€1.1m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,787 | €32,818 | +€1,031 | +3.2% |
| Other operating charges | 640/8 | €863 | €1,400 | +€537 | +62.2% |
| Gross operating margin | 9900 | €1,224,570 | €55,117 | -€1.2m | -95.5% |
| Operating profit (loss) | 9901 | €1,191,920 | €20,900 | -€1.2m | -98.2% |
| Financial charges | 65/66B | €663 | €21,666 | +€21,004 | +3169.8% |
| Recurring financial charges | 65 | €663 | €649 | -€14 | -2.1% |
| Non-recurring financial charges | 66B | - | €21,017 | +€21,017 | |
| Profit (loss) for the period before taxes | 9903 | €1,191,258 | -€767 | -€1.2m | |
| Income taxes | 67/77 | €380,973 | €488 | -€380,485 | -99.9% |
| Profit (loss) for the period | 9904 | €810,284 | -€1,255 | -€811,539 | |
| Profit (loss) for the period to be appropriated | 9905 | €810,284 | -€1,255 | -€811,539 |
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 10 October 2026 via checked.be.