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Jobe Racing Team: what changed

What changed

Jobe Racing Team

BE 0423.586.924
filed annual accounts (NBB)
Financial years compared with
Net result for the year
-€1,578
2024 · €20,159-€21,737
Equity
€148,423
2024 · €150,001-€1,578
Cash
€63
2024 · €150-€87
Balance sheet total
€152,467
2024 · €153,497-€1,030

Largest movements

2024 to 2025
Assets

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

    Equity and liabilities
    • Profit (loss) carried forward -€1,578

      down €1,578 (-20.1%), from €7,864 to €6,286

    Income statement
    • Financial income -€30,000

      no longer reported in 2025 (was €30,000)

      of which Financial income: -€30,000

    • Gross operating margin +€5,137

      up €5,137 (+77.1%), from -€6,660 to -€1,523

    • Taxes -€1,649

      no longer reported in 2025 (was €1,649)

    • Other operating charges -€1,483

      no longer reported in 2025 (was €1,483)

    Change in the result, 2024 to 2025

    effect on the result

    For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

    Result 2024 €20,159
    Gross operating margin +€5,137
    Other operating charges +€1,483
    Financial income -€30,000
    Financial charges -€6
    Taxes +€1,649
    Result 2025 -€1,578
    raises the resultlowers the result

    Derived cash bridge

    cash 2024 to 2025

    The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

    From operations -€87
    Investment €0
    Financing €0
    Cash 2024 €150
    Net result for the year -€1,578
    Receivables within one year +€943
    Trade debts +€20
    Other debts +€527
    Accrued charges and deferred income +€1
    Cash 2025 €63
    brings cash intakes cash out
    Every line side by side 38 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €153,497 €152,467 -€1,030 -0.7%
    Fixed assets 21/28 €129,789 €129,789 = 0.0%
    Tangible fixed assets 22/27 €129,789 €129,789 = 0.0%
    Land and buildings 22 €129,789 €129,789 = 0.0%
    Current assets 29/58 €23,708 €22,678 -€1,030 -4.3%
    Amounts receivable within one year 40/41 €23,558 €22,615 -€943 -4.0%
    Other amounts receivable 41 €23,558 €22,615 -€943 -4.0%
    Cash at bank and in hand 54/58 €150 €63 -€87 -58.0%
    Total equity and liabilities 10/49 €153,497 €152,467 -€1,030 -0.7%
    Equity 10/15 €150,001 €148,423 -€1,578 -1.1%
    Contributions 10/11 €61,500 €61,500 = 0.0%
    Capital 10 €61,500 €61,500 = 0.0%
    Issued capital 100 €61,500 €61,500 = 0.0%
    Revaluation surpluses 12 €74,487 €74,487 = 0.0%
    Reserves 13 €6,150 €6,150 = 0.0%
    Non-distributable reserves 130/1 €6,150 €6,150 = 0.0%
    Legal reserve 130 €6,150 €6,150 = 0.0%
    Profit (loss) carried forward 14 €7,864 €6,286 -€1,578 -20.1%
    Amounts payable 17/49 €3,496 €4,044 +€548 +15.7%
    Amounts payable within one year 42/48 €3,430 €3,977 +€547 +15.9%
    Trade debts 44 €635 €655 +€20 +3.1%
    Suppliers 440/4 €635 €655 +€20 +3.1%
    Taxes, remuneration and social security 45 €1,649 €1,649 = 0.0%
    Taxes 450/3 €1,649 €1,649 = 0.0%
    Other amounts payable 47/48 €1,146 €1,673 +€527 +46.0%
    Accrued charges and deferred income 492/3 €66 €67 +€1 +1.5%
    Other operating charges 640/8 €1,483 - -€1,483
    Gross operating margin 9900 -€6,660 -€1,523 +€5,137 +77.1%
    Operating profit (loss) 9901 -€8,143 -€1,523 +€6,620 +81.3%
    Financial income 75/76B €30,000 - -€30,000
    Recurring financial income 75 €30,000 - -€30,000
    Non-recurring financial income 76B €30,000 - -€30,000
    Financial charges 65/66B €49 €55 +€6 +12.2%
    Recurring financial charges 65 €49 €55 +€6 +12.2%
    Profit (loss) for the period before taxes 9903 €21,808 -€1,578 -€23,386
    Income taxes 67/77 €1,649 - -€1,649
    Profit (loss) for the period 9904 €20,159 -€1,578 -€21,737
    Profit (loss) for the period to be appropriated 9905 €20,159 -€1,578 -€21,737
    Calculation and sources

    Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.