NeoRetro 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.
NeoRetro Racing
Largest movements
- Tangible fixed assets +€95,495
up €95,495 (+573%), from €16,666 to €112,161
of which Furniture and vehicles: +€99,802
- Cash +€24,573
up €24,573 (+273%), from €8,989 to €33,562
mainly Other debts (+€140,000) and Depreciation (+€21,053)
- Intangible fixed assets -€1,548
down €1,548 (-32.5%), from €4,759 to €3,211
- Other debts +€140,000
up €140,000 (+700%), from €20,000 to €160,000
- Profit (loss) carried forward -€16,143
down €16,143 (-27.2%), from -€59,346 to -€75,489
- Trade debts -€5,341
down €5,341 (-51.9%), from €10,290 to €4,949
- Depreciation +€15,534
up €15,534 (+281%), from €5,519 to €21,053
- Gross operating margin -€1,017
down €1,017 (-12.7%), from €8,024 to €7,006
- Financial charges -€461
down €461 (-23.0%), from €2,001 to €1,540
- Staff costs -€390
down €390 (-100%), from €390 to €0
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 | €30,944 | €150,033 | +€119,089 | +385% |
| Fixed assets | 21/28 | €21,425 | €115,372 | +€93,947 | +438% |
| Intangible fixed assets | 21 | €4,759 | €3,211 | -€1,548 | -32.5% |
| Tangible fixed assets | 22/27 | €16,666 | €112,161 | +€95,495 | +573% |
| Plant, machinery and equipment | 23 | €14,508 | €10,202 | -€4,306 | -29.7% |
| Furniture and vehicles | 24 | €2,158 | €101,959 | +€99,802 | +4,625% |
| Current assets | 29/58 | €9,519 | €34,661 | +€25,143 | +264% |
| Amounts receivable within one year | 40/41 | €344 | €903 | +€559 | +162% |
| Trade receivables | 40 | €0 | €900 | +€900 | |
| Other amounts receivable | 41 | €344 | €3 | -€341 | -99.0% |
| Cash at bank and in hand | 54/58 | €8,989 | €33,562 | +€24,573 | +273% |
| Deferred charges and accrued income | 490/1 | €185 | €196 | +€11 | +5.7% |
| Total equity and liabilities | 10/49 | €30,944 | €150,033 | +€119,089 | +385% |
| Equity | 10/15 | €654 | -€15,489 | -€16,143 | |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,346 | -€75,489 | -€16,143 | -27.2% |
| Amounts payable | 17/49 | €30,290 | €165,522 | +€135,232 | +446% |
| Amounts payable within one year | 42/48 | €30,290 | €165,522 | +€135,232 | +446% |
| Trade debts | 44 | €10,290 | €4,949 | -€5,341 | -51.9% |
| Suppliers | 440/4 | €10,290 | €4,949 | -€5,341 | -51.9% |
| Taxes, remuneration and social security | 45 | €0 | €573 | +€573 | |
| Taxes | 450/3 | €0 | €573 | +€573 | |
| Other amounts payable | 47/48 | €20,000 | €160,000 | +€140,000 | +700% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €390 | €0 | -€390 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,519 | €21,053 | +€15,534 | +281% |
| Other operating charges | 640/8 | €572 | €590 | +€18 | +3.2% |
| Gross operating margin | 9900 | €8,024 | €7,006 | -€1,017 | -12.7% |
| Operating profit (loss) | 9901 | €1,542 | -€14,637 | -€16,179 | |
| Financial income | 75/76B | €59 | €34 | -€25 | -42.0% |
| Recurring financial income | 75 | €59 | €34 | -€25 | -42.0% |
| Financial charges | 65/66B | €2,001 | €1,540 | -€461 | -23.0% |
| Recurring financial charges | 65 | €2,001 | €1,540 | -€461 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | -€400 | -€16,143 | -€15,742 | -3,934% |
| Profit (loss) for the period | 9904 | -€400 | -€16,143 | -€15,742 | -3,934% |
| Profit (loss) for the period to be appropriated | 9905 | -€400 | -€16,143 | -€15,742 | -3,934% |
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 15 October 2026 via checked.be.