COOL RACING: 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.
COOL RACING
Largest movements
- Tangible fixed assets +€708,993
new in 2025: €708,993
- Cash -€258,065
down €258,065 (-77.0%), from €335,140 to €77,075
mainly Investment in fixed assets (net) (-€720,500) and Accrued charges and deferred income (-€381,562)
- Receivables within one year +€180,898
up €180,898 (+60.5%), from €298,760 to €479,659
of which Other amounts receivable: +€162,598
- Tax, wage and social debts +€1.1m
up €1.1m (+435%), from €245,903 to €1.3m
- Accrued charges and deferred income -€381,562
no longer reported in 2025 (was €381,562)
- Trade debts -€99,637
no longer reported in 2025 (was €99,637)
- Profit (loss) carried forward +€42,234
up €42,234 (+20.8%), from -€203,202 to -€160,968
- Financial charges -€299,138
down €299,138 (-98.4%), from €304,148 to €5,010
- Financial income +€225,889
up €225,889 (+2,258,887,400%), from €0 to €225,889
- Other operating charges +€191,196
up €191,196 (+19,761%), from €968 to €192,163
- Gross operating margin -€22,790
down €22,790 (-47.7%), from €47,816 to €25,026
- Depreciation +€11,507
new in 2025: €11,507
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 | €633,900 | €1,265,726 | +€631,826 | +99.7% |
| Fixed assets | 21/28 | - | €708,993 | +€708,993 | |
| Tangible fixed assets | 22/27 | - | €708,993 | +€708,993 | |
| Furniture and vehicles | 24 | - | €708,993 | +€708,993 | |
| Current assets | 29/58 | €633,900 | €556,733 | -€77,167 | -12.2% |
| Amounts receivable within one year | 40/41 | €298,760 | €479,659 | +€180,898 | +60.5% |
| Trade receivables | 40 | €265,621 | €283,921 | +€18,301 | +6.9% |
| Other amounts receivable | 41 | €33,140 | €195,737 | +€162,598 | +491% |
| Cash at bank and in hand | 54/58 | €335,140 | €77,075 | -€258,065 | -77.0% |
| Total equity and liabilities | 10/49 | €633,900 | €1,265,726 | +€631,826 | +99.7% |
| Equity | 10/15 | -€93,202 | -€50,968 | +€42,234 | +45.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€203,202 | -€160,968 | +€42,234 | +20.8% |
| Amounts payable | 17/49 | €727,102 | €1,316,694 | +€589,592 | +81.1% |
| Amounts payable within one year | 42/48 | €345,540 | €1,316,694 | +€971,154 | +281% |
| Trade debts | 44 | €99,637 | - | -€99,637 | |
| Suppliers | 440/4 | €99,637 | - | -€99,637 | |
| Taxes, remuneration and social security | 45 | €245,903 | €1,316,694 | +€1.1m | +435% |
| Remuneration and social security | 454/9 | €245,903 | €1,316,694 | +€1.1m | +435% |
| Accrued charges and deferred income | 492/3 | €381,562 | - | -€381,562 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €11,507 | +€11,507 | |
| Other operating charges | 640/8 | €968 | €192,163 | +€191,196 | +19,761% |
| Gross operating margin | 9900 | €47,816 | €25,026 | -€22,790 | -47.7% |
| Operating profit (loss) | 9901 | €46,849 | -€178,645 | -€225,493 | |
| Financial income | 75/76B | €0 | €225,889 | +€225,889 | +2,258,887,400% |
| Recurring financial income | 75 | €0 | €225,889 | +€225,889 | +2,258,887,400% |
| Financial charges | 65/66B | €304,148 | €5,010 | -€299,138 | -98.4% |
| Recurring financial charges | 65 | €304,148 | €5,010 | -€299,138 | -98.4% |
| Profit (loss) for the period before taxes | 9903 | -€257,299 | €42,234 | +€299,534 | |
| Profit (loss) for the period | 9904 | -€257,299 | €42,234 | +€299,534 | |
| Profit (loss) for the period to be appropriated | 9905 | -€257,299 | €42,234 | +€299,534 |
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 15 October 2026 via checked.be.