LOOMANS 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.
LOOMANS RACING
Largest movements
- Tangible fixed assets -€63,973
down €63,973 (-44.0%), from €145,321 to €81,348
of which Furniture and vehicles: -€61,173
- Cash -€52,924
down €52,924 (-18.9%), from €279,417 to €226,493
mainly Net result for the year (-€119,324) and Debts within one year (-€13,715)
- Receivables within one year -€18,709
down €18,709 (-22.7%), from €82,260 to €63,551
of which Trade receivables: -€40,673
- Profit (loss) carried forward -€119,324
down €119,324 (-23.0%), from €519,139 to €399,815
- Debts within one year -€13,715
down €13,715 (-32.6%), from €42,067 to €28,352
- Depreciation -€9,770
down €9,770 (-13.2%), from €73,743 to €63,973
- Gross operating margin -€7,186
down €7,186 (-15.1%), from -€47,655 to -€54,841
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 | €563,207 | €428,168 | -€135,039 | -24.0% |
| Fixed assets | 21/28 | €145,321 | €81,348 | -€63,973 | -44.0% |
| Tangible fixed assets | 22/27 | €145,321 | €81,348 | -€63,973 | -44.0% |
| Furniture and vehicles | 24 | €134,121 | €72,948 | -€61,173 | -45.6% |
| Other tangible fixed assets | 26 | €11,200 | €8,400 | -€2,800 | -25.0% |
| Current assets | 29/58 | €417,886 | €346,819 | -€71,067 | -17.0% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €82,260 | €63,551 | -€18,709 | -22.7% |
| Trade receivables | 40 | €40,673 | €0 | -€40,673 | -100% |
| Other amounts receivable | 41 | €41,587 | €63,551 | +€21,964 | +52.8% |
| Cash at bank and in hand | 54/58 | €279,417 | €226,493 | -€52,924 | -18.9% |
| Deferred charges and accrued income | 490/1 | €6,209 | €6,775 | +€566 | +9.1% |
| Total equity and liabilities | 10/49 | €563,207 | €428,168 | -€135,039 | -24.0% |
| Equity | 10/15 | €519,139 | €399,815 | -€119,324 | -23.0% |
| Profit (loss) carried forward | 14 | €519,139 | €399,815 | -€119,324 | -23.0% |
| Amounts payable | 17/49 | €44,067 | €28,352 | -€15,715 | -35.7% |
| Amounts payable within one year | 42/48 | €42,067 | €28,352 | -€13,715 | -32.6% |
| Trade debts | 44 | €23,119 | €28,352 | +€5,233 | +22.6% |
| Suppliers | 440/4 | €23,119 | €28,352 | +€5,233 | +22.6% |
| Accrued charges and deferred income | 492/3 | €2,000 | €0 | -€2,000 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,743 | €63,973 | -€9,770 | -13.2% |
| Other operating charges | 640/8 | €559 | €480 | -€79 | -14.1% |
| Gross operating margin | 9900 | -€47,655 | -€54,841 | -€7,186 | -15.1% |
| Operating profit (loss) | 9901 | -€121,957 | -€119,294 | +€2,663 | +2.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €35 | €30 | -€5 | -14.4% |
| Recurring financial charges | 65 | €35 | €30 | -€5 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | -€121,992 | -€119,324 | +€2,668 | +2.2% |
| Profit (loss) for the period | 9904 | -€121,992 | -€119,324 | +€2,668 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€121,992 | -€119,324 | +€2,668 | +2.2% |
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.