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FF RACING TEAM: 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.

What changed

FF RACING TEAM

BE 0658.735.611
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€360
2024 · -€2,554+€2,194
Equity
-€57,852
2024 · -€57,492-€360
Cash
€2,873
2024 · €2,873
Balance sheet total
€18,310
2024 · €18,284+€26

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Trade debts +€436

      up €436 (+1.8%), from €24,084 to €24,519

    • Profit (loss) carried forward -€360

      down €360 (-0.4%), from -€84,377 to -€84,737

    Income statement
    • Depreciation -€1,784

      no longer reported in 2025 (was €1,784)

    • Gross operating margin +€410

      up €410 (+53.2%), from -€770 to -€360

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 -€2,554
    Gross operating margin +€410
    Depreciation +€1,784
    Result 2025 -€360
    raises the result

    Derived cash bridge

    cash 2024 to 2025

    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.

    From operations €0
    Investment €0
    Financing €0
    Cash 2024 €2,873
    Net result for the year -€360
    Receivables within one year -€26
    Trade debts +€436
    Tax, wage and social debts -€50
    Cash 2025 €2,873
    brings cash intakes cash out
    Every line side by side 28 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €18,284 €18,310 +€26 +0.1%
    Fixed assets 21/28 €0 €0 =
    Tangible fixed assets 22/27 €0 €0 =
    Furniture and vehicles 24 €0 €0 =
    Current assets 29/58 €18,284 €18,310 +€26 +0.1%
    Amounts receivable within one year 40/41 €15,411 €15,437 +€26 +0.2%
    Trade receivables 40 €15,100 €15,100 = 0.0%
    Other amounts receivable 41 €311 €337 +€26 +8.3%
    Cash at bank and in hand 54/58 €2,873 €2,873 = 0.0%
    Total equity and liabilities 10/49 €18,284 €18,310 +€26 +0.1%
    Equity 10/15 -€57,492 -€57,852 -€360 -0.6%
    Contributions 10/11 €26,885 €26,885 = 0.0%
    Profit (loss) carried forward 14 -€84,377 -€84,737 -€360 -0.4%
    Amounts payable 17/49 €75,776 €76,162 +€386 +0.5%
    Amounts payable after more than one year 17 €5,000 €5,000 = 0.0%
    Financial debts 170/4 €5,000 €5,000 = 0.0%
    Amounts payable within one year 42/48 €70,776 €71,162 +€386 +0.5%
    Trade debts 44 €24,084 €24,519 +€436 +1.8%
    Suppliers 440/4 €24,084 €24,519 +€436 +1.8%
    Taxes, remuneration and social security 45 €50 - -€50
    Taxes 450/3 €50 - -€50
    Other amounts payable 47/48 €46,642 €46,642 = 0.0%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,784 - -€1,784
    Gross operating margin 9900 -€770 -€360 +€410 +53.2%
    Operating profit (loss) 9901 -€2,554 -€360 +€2,194 +85.9%
    Profit (loss) for the period before taxes 9903 -€2,554 -€360 +€2,194 +85.9%
    Profit (loss) for the period 9904 -€2,554 -€360 +€2,194 +85.9%
    Profit (loss) for the period to be appropriated 9905 -€2,554 -€360 +€2,194 +85.9%

    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 16 October 2026 via checked.be.