My 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.
My RACING
Largest movements
- Receivables within one year -€53,553
down €53,553 (-82.6%), from €64,860 to €11,307
of which Other amounts receivable: -€54,534
- Receivables after one year +€43,480
new in 2025: €43,480
- Cash -€13,112
down €13,112 (-17.1%), from €76,590 to €63,478
mainly Receivables after one year (-€43,480) and Net result for the year (-€30,698)
- Tangible fixed assets -€5,580
down €5,580 (-41.5%), from €13,432 to €7,851
- Financial fixed assets -€2,000
down €2,000 (-99.0%), from €2,020 to €20
- Profit (loss) carried forward -€30,698
down €30,698 (-10.7%), from -€288,220 to -€318,918
- Gross operating margin +€6,009
up €6,009 (+23.9%), from -€25,129 to -€19,120
- Other operating charges +€5,328
up €5,328 (+1,126%), from €473 to €5,801
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 | €157,191 | €126,358 | -€30,833 | -19.6% |
| Fixed assets | 21/28 | €15,452 | €7,871 | -€7,580 | -49.1% |
| Tangible fixed assets | 22/27 | €13,432 | €7,851 | -€5,580 | -41.5% |
| Land and buildings | 22 | €6,770 | €6,004 | -€766 | -11.3% |
| Plant, machinery and equipment | 23 | €3,355 | €1,208 | -€2,148 | -64.0% |
| Furniture and vehicles | 24 | €3,306 | €640 | -€2,667 | -80.6% |
| Financial fixed assets | 28 | €2,020 | €20 | -€2,000 | -99.0% |
| Current assets | 29/58 | €141,739 | €118,486 | -€23,253 | -16.4% |
| Amounts receivable after more than one year | 29 | - | €43,480 | +€43,480 | |
| Other amounts receivable | 291 | - | €43,480 | +€43,480 | |
| Amounts receivable within one year | 40/41 | €64,860 | €11,307 | -€53,553 | -82.6% |
| Trade receivables | 40 | €3,520 | €4,501 | +€981 | +27.9% |
| Other amounts receivable | 41 | €61,340 | €6,806 | -€54,534 | -88.9% |
| Cash at bank and in hand | 54/58 | €76,590 | €63,478 | -€13,112 | -17.1% |
| Deferred charges and accrued income | 490/1 | €289 | €221 | -€68 | -23.4% |
| Total equity and liabilities | 10/49 | €157,191 | €126,358 | -€30,833 | -19.6% |
| Equity | 10/15 | -€266,220 | -€296,918 | -€30,698 | -11.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€288,220 | -€318,918 | -€30,698 | -10.7% |
| Amounts payable | 17/49 | €423,411 | €423,275 | -€135 | 0.0% |
| Amounts payable after more than one year | 17 | €422,781 | €422,781 | = | 0.0% |
| Other amounts payable | 178/9 | €422,781 | €422,781 | = | 0.0% |
| Amounts payable within one year | 42/48 | €630 | €146 | -€484 | -76.8% |
| Trade debts | 44 | €252 | €146 | -€106 | -42.0% |
| Suppliers | 440/4 | €252 | €146 | -€106 | -42.0% |
| Other amounts payable | 47/48 | €378 | - | -€378 | |
| Accrued charges and deferred income | 492/3 | - | €348 | +€348 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,656 | €5,580 | -€76 | -1.3% |
| Other operating charges | 640/8 | €473 | €5,801 | +€5,328 | +1,126% |
| Non-recurring operating charges | 66A | €7,227 | - | -€7,227 | |
| Gross operating margin | 9900 | -€25,129 | -€19,120 | +€6,009 | +23.9% |
| Operating profit (loss) | 9901 | -€38,485 | -€30,501 | +€7,984 | +20.7% |
| Financial income | 75/76B | €2 | €0 | -€2 | -98.6% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -98.6% |
| Financial charges | 65/66B | €340 | €196 | -€143 | -42.2% |
| Recurring financial charges | 65 | €340 | €196 | -€143 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | -€38,823 | -€30,698 | +€8,125 | +20.9% |
| Profit (loss) for the period | 9904 | -€38,823 | -€30,698 | +€8,125 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,823 | -€30,698 | +€8,125 | +20.9% |
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 28 October 2026 via checked.be.