COACH&RACE: 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.
COACH&RACE
Largest movements
- Cash +€29,488
up €29,488 (+68.3%), from €43,151 to €72,639
mainly Net result for the year (+€111,149) and Depreciation (+€24,309)
- Receivables within one year +€10,551
up €10,551 (+27.2%), from €38,841 to €49,392
- Tangible fixed assets +€8,140
up €8,140 (+4.8%), from €169,975 to €178,115
- Profit (loss) carried forward +€111,149
up €111,149, from -€81,229 to €29,920
- Other debts -€59,912
down €59,912 (-83.9%), from €71,395 to €11,483
- Trade debts -€3,499
down €3,499 (-62.4%), from €5,610 to €2,111
- Turnover +€28,720
up €28,720 (+17.2%), from €167,100 to €195,820
- Gross operating margin +€17,071
up €17,071 (+14.0%), from €121,835 to €138,906
- Purchases and services +€11,649
up €11,649 (+25.7%), from €45,265 to €56,914
- Depreciation +€6,439
up €6,439 (+36.0%), from €17,869 to €24,309
- Taxes +€3,860
new in 2025: €3,860
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 | €251,967 | €300,146 | +€48,179 | +19.1% |
| Fixed assets | 21/28 | €169,975 | €178,115 | +€8,140 | +4.8% |
| Tangible fixed assets | 22/27 | €169,975 | €178,115 | +€8,140 | +4.8% |
| Other tangible fixed assets | 26 | €169,975 | €178,115 | +€8,140 | +4.8% |
| Current assets | 29/58 | €81,992 | €122,031 | +€40,039 | +48.8% |
| Amounts receivable within one year | 40/41 | €38,841 | €49,392 | +€10,551 | +27.2% |
| Trade receivables | 40 | €38,841 | €49,392 | +€10,551 | +27.2% |
| Cash at bank and in hand | 54/58 | €43,151 | €72,639 | +€29,488 | +68.3% |
| Total equity and liabilities | 10/49 | €251,967 | €300,146 | +€48,179 | +19.1% |
| Equity | 10/15 | €158,771 | €269,920 | +€111,149 | +70.0% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,229 | €29,920 | +€111,149 | |
| Amounts payable | 17/49 | €93,196 | €30,226 | -€62,970 | -67.6% |
| Amounts payable within one year | 42/48 | €93,196 | €30,226 | -€62,970 | -67.6% |
| Trade debts | 44 | €5,610 | €2,111 | -€3,499 | -62.4% |
| Suppliers | 440/4 | €5,610 | €2,111 | -€3,499 | -62.4% |
| Taxes, remuneration and social security | 45 | €16,191 | €16,633 | +€442 | +2.7% |
| Taxes | 450/3 | €16,191 | €16,633 | +€442 | +2.7% |
| Other amounts payable | 47/48 | €71,395 | €11,483 | -€59,912 | -83.9% |
| Turnover | 70 | €167,100 | €195,820 | +€28,720 | +17.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €45,265 | €56,914 | +€11,649 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,869 | €24,309 | +€6,439 | +36.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €121,835 | €138,906 | +€17,071 | +14.0% |
| Operating profit (loss) | 9901 | €103,578 | €114,197 | +€10,620 | +10.3% |
| Financial income | 75/76B | €0 | €1,051 | +€1,050 | +328,181% |
| Recurring financial income | 75 | €0 | €1,051 | +€1,050 | +328,181% |
| Financial charges | 65/66B | €395 | €238 | -€157 | -39.7% |
| Recurring financial charges | 65 | €395 | €238 | -€157 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €103,183 | €115,010 | +€11,826 | +11.5% |
| Income taxes | 67/77 | - | €3,860 | +€3,860 | |
| Profit (loss) for the period | 9904 | €103,183 | €111,149 | +€7,966 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €103,183 | €111,149 | +€7,966 | +7.7% |
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 29 October 2026 via checked.be.