FD RACING SERVICES: 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.
FD RACING SERVICES
Largest movements
- Current investments +€11,500
up €11,500 (+26.1%), from €44,000 to €55,500
- Tangible fixed assets -€3,338
down €3,338 (-25.3%), from €13,188 to €9,851
of which Furniture and vehicles: -€4,274
- Receivables within one year +€2,033
up €2,033 (+88.9%), from €2,286 to €4,319
of which Trade receivables: +€2,011
- Other debts +€10,321
up €10,321 (+69.5%), from €14,847 to €25,167
- Tax, wage and social debts +€1,978
up €1,978 (+22.9%), from €8,641 to €10,618
of which Taxes: +€1,978
- Current portion of long-term debt -€1,811
no longer reported in 2025 (was €1,811)
- Gross operating margin -€1,953
down €1,953 (-9.8%), from €20,011 to €18,058
- Taxes -€1,373
down €1,373 (-27.2%), from €5,046 to €3,673
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 | €60,830 | €71,560 | +€10,729 | +17.6% |
| Fixed assets | 21/28 | €13,188 | €9,851 | -€3,338 | -25.3% |
| Tangible fixed assets | 22/27 | €13,188 | €9,851 | -€3,338 | -25.3% |
| Plant, machinery and equipment | 23 | - | €936 | +€936 | |
| Furniture and vehicles | 24 | €10,588 | €6,315 | -€4,274 | -40.4% |
| Other tangible fixed assets | 26 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €47,642 | €61,709 | +€14,067 | +29.5% |
| Amounts receivable within one year | 40/41 | €2,286 | €4,319 | +€2,033 | +88.9% |
| Trade receivables | 40 | €2,275 | €4,286 | +€2,011 | +88.4% |
| Other amounts receivable | 41 | €11 | €33 | +€22 | +195% |
| Current investments | 50/53 | €44,000 | €55,500 | +€11,500 | +26.1% |
| Cash at bank and in hand | 54/58 | €1,356 | €1,890 | +€534 | +39.4% |
| Total equity and liabilities | 10/49 | €60,830 | €71,560 | +€10,729 | +17.6% |
| Equity | 10/15 | €35,386 | €35,479 | +€92 | +0.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,386 | €33,479 | +€92 | +0.3% |
| Amounts payable | 17/49 | €25,444 | €36,081 | +€10,637 | +41.8% |
| Amounts payable within one year | 42/48 | €25,444 | €36,081 | +€10,637 | +41.8% |
| Current portion of amounts payable after more than one year | 42 | €1,811 | - | -€1,811 | |
| Trade debts | 44 | €146 | €295 | +€149 | +102% |
| Suppliers | 440/4 | €146 | €295 | +€149 | +102% |
| Taxes, remuneration and social security | 45 | €8,641 | €10,618 | +€1,978 | +22.9% |
| Taxes | 450/3 | €3,641 | €5,618 | +€1,978 | +54.3% |
| Remuneration and social security | 454/9 | €5,000 | €5,000 | = | 0.0% |
| Other amounts payable | 47/48 | €14,847 | €25,167 | +€10,321 | +69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,183 | €4,316 | +€133 | +3.2% |
| Other operating charges | 640/8 | €106 | €106 | = | 0.0% |
| Gross operating margin | 9900 | €20,011 | €18,058 | -€1,953 | -9.8% |
| Operating profit (loss) | 9901 | €15,722 | €13,636 | -€2,086 | -13.3% |
| Financial income | 75/76B | €93 | €219 | +€126 | +135% |
| Recurring financial income | 75 | €0 | €219 | +€219 | +168,631% |
| Non-recurring financial income | 76B | €93 | - | -€93 | |
| Financial charges | 65/66B | €238 | €90 | -€148 | -62.3% |
| Recurring financial charges | 65 | €238 | €90 | -€148 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | €15,577 | €13,765 | -€1,812 | -11.6% |
| Income taxes | 67/77 | €5,046 | €3,673 | -€1,373 | -27.2% |
| Profit (loss) for the period | 9904 | €10,532 | €10,092 | -€439 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,532 | €10,092 | -€439 | -4.2% |
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 18 October 2026 via checked.be.