Chronos 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.
Chronos Racing
Largest movements
- Cash +€45,708
up €45,708 (+209.3%), from €21,841 to €67,549
mainly Deferred charges and accrued income (+€15,953) and Depreciation (+€15,730)
- Deferred charges and accrued income -€15,953
down €15,953 (-75.6%), from €21,090 to €5,137
- Tangible fixed assets -€15,730
down €15,730 (-21.2%), from €74,071 to €58,341
of which Plant, machinery and equipment: -€73,766
- Receivables within one year -€3,779
down €3,779 (-61.7%), from €6,128 to €2,349
of which Trade receivables: -€3,549
- Profit (loss) carried forward +€11,488
up €11,488 (+4.4%), from -€263,637 to -€252,149
- Trade debts -€3,172
down €3,172 (-2.4%), from €130,988 to €127,815
- Accrued charges and deferred income +€1,372
up €1,372 (+109.8%), from €1,250 to €2,622
- Gross operating margin +€6,504
up €6,504 (+5.7%), from €114,016 to €120,520
- Depreciation -€4,326
down €4,326 (-21.6%), from €20,056 to €15,730
- Other operating charges +€2,071
up €2,071 (+41.8%), from €4,949 to €7,020
- Staff costs -€1,451
down €1,451 (-1.7%), from €84,445 to €82,994
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 | €126,780 | €135,798 | +€9,018 | +7.1% |
| Fixed assets | 21/28 | €74,496 | €58,766 | -€15,730 | -21.1% |
| Tangible fixed assets | 22/27 | €74,071 | €58,341 | -€15,730 | -21.2% |
| Plant, machinery and equipment | 23 | €74,071 | €305 | -€73,766 | -99.6% |
| Other tangible fixed assets | 26 | - | €58,035 | +€58,035 | |
| Financial fixed assets | 28 | €425 | €425 | = | 0.0% |
| Current assets | 29/58 | €52,284 | €77,032 | +€24,748 | +47.3% |
| Stocks and contracts in progress | 3 | €3,225 | €1,997 | -€1,228 | -38.1% |
| Stocks | 30/36 | €3,225 | €1,997 | -€1,228 | -38.1% |
| Amounts receivable within one year | 40/41 | €6,128 | €2,349 | -€3,779 | -61.7% |
| Trade receivables | 40 | €5,214 | €1,665 | -€3,549 | -68.1% |
| Other amounts receivable | 41 | €915 | €684 | -€231 | -25.2% |
| Cash at bank and in hand | 54/58 | €21,841 | €67,549 | +€45,708 | +209.3% |
| Deferred charges and accrued income | 490/1 | €21,090 | €5,137 | -€15,953 | -75.6% |
| Total equity and liabilities | 10/49 | €126,780 | €135,798 | +€9,018 | +7.1% |
| Equity | 10/15 | -€213,637 | -€202,149 | +€11,488 | +5.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€263,637 | -€252,149 | +€11,488 | +4.4% |
| Amounts payable | 17/49 | €340,417 | €337,947 | -€2,471 | -0.7% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €139,167 | €135,325 | -€3,843 | -2.8% |
| Trade debts | 44 | €130,988 | €127,815 | -€3,172 | -2.4% |
| Suppliers | 440/4 | €130,988 | €127,815 | -€3,172 | -2.4% |
| Taxes, remuneration and social security | 45 | €8,180 | €7,509 | -€670 | -8.2% |
| Taxes | 450/3 | €6,887 | €6,102 | -€784 | -11.4% |
| Remuneration and social security | 454/9 | €1,293 | €1,407 | +€114 | +8.8% |
| Accrued charges and deferred income | 492/3 | €1,250 | €2,622 | +€1,372 | +109.8% |
| Non-recurring operating income | 76A | €87 | - | -€87 | |
| Remuneration, social security and pensions | 62 | €84,445 | €82,994 | -€1,451 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,056 | €15,730 | -€4,326 | -21.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €27 | €272 | +€246 | +918.9% |
| Other operating charges | 640/8 | €4,949 | €7,020 | +€2,071 | +41.8% |
| Gross operating margin | 9900 | €114,016 | €120,520 | +€6,504 | +5.7% |
| Operating profit (loss) | 9901 | €4,539 | €14,503 | +€9,965 | +219.5% |
| Financial income | 75/76B | €1,031 | €0 | -€1,031 | -100.0% |
| Recurring financial income | 75 | €1,031 | €0 | -€1,031 | -100.0% |
| Financial charges | 65/66B | €2,991 | €3,015 | +€24 | +0.8% |
| Recurring financial charges | 65 | €2,991 | €3,015 | +€24 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €2,579 | €11,488 | +€8,910 | +345.5% |
| Profit (loss) for the period | 9904 | €2,579 | €11,488 | +€8,910 | +345.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,579 | €11,488 | +€8,910 | +345.5% |
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 6 October 2026 via checked.be.