JR 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.
JR Racing
Largest movements
- Stocks and contracts -€46,450
no longer reported in 2024 (was €46,450)
- Receivables within one year -€1,344
down €1,344 (-2.1%), from €63,727 to €62,383
of which Other amounts receivable: -€1,344
- Profit (loss) carried forward -€34,737
down €34,737 (-35.7%), from -€97,213 to -€131,950
- Debts after one year -€17,033
down €17,033 (-18.8%), from €90,555 to €73,522
- Tax, wage and social debts +€3,442
up €3,442 (+1,062%), from €324 to €3,766
- Gross operating margin -€28,251
down €28,251 (-651%), from -€4,342 to -€32,593
- Other operating charges -€3,331
down €3,331 (-90.6%), from €3,679 to €347
- Financial charges -€2,099
down €2,099 (-53.9%), from €3,896 to €1,796
of which Non-recurring financial charges: -€1,276
- Depreciation -€1,655
no longer reported in 2024 (was €1,655)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,284 | €66,686 | -€47,599 | -41.6% |
| Fixed assets | 21/28 | €3,785 | €3,785 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,785 | €3,785 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,703 | €1,703 | = | 0.0% |
| Furniture and vehicles | 24 | €2,081 | €2,081 | = | 0.0% |
| Current assets | 29/58 | €110,500 | €62,901 | -€47,599 | -43.1% |
| Stocks and contracts in progress | 3 | €46,450 | - | -€46,450 | |
| Stocks | 30/36 | €46,450 | - | -€46,450 | |
| Amounts receivable within one year | 40/41 | €63,727 | €62,383 | -€1,344 | -2.1% |
| Trade receivables | 40 | €62,267 | €62,267 | = | 0.0% |
| Other amounts receivable | 41 | €1,460 | €116 | -€1,344 | -92.1% |
| Cash at bank and in hand | 54/58 | €323 | €454 | +€131 | +40.7% |
| Deferred charges and accrued income | 490/1 | - | €64 | +€64 | |
| Total equity and liabilities | 10/49 | €114,284 | €66,686 | -€47,599 | -41.6% |
| Equity | 10/15 | €11,176 | -€23,561 | -€34,737 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,789 | €89,789 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €29,362 | €29,362 | = | 0.0% |
| Distributable reserves | 133 | €58,567 | €60,427 | +€1,860 | +3.2% |
| Profit (loss) carried forward | 14 | -€97,213 | -€131,950 | -€34,737 | -35.7% |
| Amounts payable | 17/49 | €103,108 | €90,247 | -€12,862 | -12.5% |
| Amounts payable after more than one year | 17 | €90,555 | €73,522 | -€17,033 | -18.8% |
| Other amounts payable | 178/9 | €90,555 | €73,522 | -€17,033 | -18.8% |
| Amounts payable within one year | 42/48 | €12,553 | €16,725 | +€4,172 | +33.2% |
| Financial debts | 43 | €4,921 | €5,020 | +€100 | +2.0% |
| Credit institutions | 430/8 | €4,921 | €5,020 | +€100 | +2.0% |
| Trade debts | 44 | €7,308 | €7,939 | +€631 | +8.6% |
| Suppliers | 440/4 | €7,308 | €7,939 | +€631 | +8.6% |
| Taxes, remuneration and social security | 45 | €324 | €3,766 | +€3,442 | +1,062% |
| Taxes | 450/3 | €324 | €3,766 | +€3,442 | +1,062% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,655 | - | -€1,655 | |
| Other operating charges | 640/8 | €3,679 | €347 | -€3,331 | -90.6% |
| Gross operating margin | 9900 | -€4,342 | -€32,593 | -€28,251 | -651% |
| Operating profit (loss) | 9901 | -€9,676 | -€32,941 | -€23,265 | -240% |
| Financial charges | 65/66B | €3,896 | €1,796 | -€2,099 | -53.9% |
| Recurring financial charges | 65 | €2,620 | €1,796 | -€824 | -31.4% |
| Non-recurring financial charges | 66B | €1,276 | - | -€1,276 | |
| Profit (loss) for the period before taxes | 9903 | -€13,572 | -€34,737 | -€21,166 | -156% |
| Profit (loss) for the period | 9904 | -€13,572 | -€34,737 | -€21,166 | -156% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,572 | -€34,737 | -€21,166 | -156% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.