EW 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.
EW RACING
Largest movements
- Cash -€11,026
down €11,026 (-89.7%), from €12,286 to €1,260
mainly Investment in fixed assets (net) (-€13,645) and Receivables within one year (-€3,840)
- Tangible fixed assets +€10,874
up €10,874, from €0 to €10,874
of which Furniture and vehicles: +€9,143
- Receivables within one year +€3,840
up €3,840 (+172.5%), from €2,226 to €6,066
of which Other amounts receivable: +€3,372
- Deferred charges and accrued income -€307
down €307 (-26.6%), from €1,153 to €846
- Debts within one year +€4,539
up €4,539 (+32.3%), from €14,039 to €18,578
of which Trade debts: +€4,018
- Profit (loss) carried forward -€1,158
down €1,158 (-71.3%), from €1,625 to €467
- Gross operating margin +€7,175
up €7,175, from -€1,844 to €5,331
- Other operating charges +€3,339
up €3,339 (+1352.7%), from €247 to €3,586
- Depreciation -€2,776
down €2,776 (-50.0%), from €5,546 to €2,770
- Financial charges -€1,875
down €1,875 (-93.4%), from €2,008 to €133
of which Non-recurring financial charges: -€1,943
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 | €15,664 | €19,045 | +€3,381 | +21.6% |
| Fixed assets | 21/28 | €0 | €10,874 | +€10,874 | |
| Tangible fixed assets | 22/27 | €0 | €10,874 | +€10,874 | |
| Furniture and vehicles | 24 | €0 | €9,143 | +€9,143 | |
| Other tangible fixed assets | 26 | - | €1,732 | +€1,732 | |
| Current assets | 29/58 | €15,664 | €8,171 | -€7,493 | -47.8% |
| Amounts receivable within one year | 40/41 | €2,226 | €6,066 | +€3,840 | +172.5% |
| Trade receivables | 40 | €2,226 | €2,693 | +€467 | +21.0% |
| Other amounts receivable | 41 | €0 | €3,372 | +€3,372 | |
| Cash at bank and in hand | 54/58 | €12,286 | €1,260 | -€11,026 | -89.7% |
| Deferred charges and accrued income | 490/1 | €1,153 | €846 | -€307 | -26.6% |
| Total equity and liabilities | 10/49 | €15,664 | €19,045 | +€3,381 | +21.6% |
| Equity | 10/15 | €1,625 | €467 | -€1,158 | -71.3% |
| Profit (loss) carried forward | 14 | €1,625 | €467 | -€1,158 | -71.3% |
| Amounts payable | 17/49 | €14,039 | €18,578 | +€4,539 | +32.3% |
| Amounts payable within one year | 42/48 | €14,039 | €18,578 | +€4,539 | +32.3% |
| Trade debts | 44 | €113 | €4,130 | +€4,018 | +3567.2% |
| Suppliers | 440/4 | €113 | €4,130 | +€4,018 | +3567.2% |
| Taxes, remuneration and social security | 45 | €735 | €0 | -€735 | -100.0% |
| Taxes | 450/3 | €735 | €0 | -€735 | -100.0% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,546 | €2,770 | -€2,776 | -50.0% |
| Other operating charges | 640/8 | €247 | €3,586 | +€3,339 | +1352.7% |
| Gross operating margin | 9900 | -€1,844 | €5,331 | +€7,175 | |
| Operating profit (loss) | 9901 | -€7,637 | -€1,026 | +€6,612 | +86.6% |
| Financial charges | 65/66B | €2,008 | €133 | -€1,875 | -93.4% |
| Recurring financial charges | 65 | €64 | €133 | +€68 | +105.7% |
| Non-recurring financial charges | 66B | €1,943 | - | -€1,943 | |
| Profit (loss) for the period before taxes | 9903 | -€9,645 | -€1,158 | +€8,487 | +88.0% |
| Profit (loss) for the period | 9904 | -€9,645 | -€1,158 | +€8,487 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,645 | -€1,158 | +€8,487 | +88.0% |
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.