R.C. DE BARRAGE: what changed
What changed
R.C. DE BARRAGE
NACE 93.127, Equestrian clubs
filed annual accounts (NBB)
Net result for the year
€536
2024 · €4,986-€4,450
Equity
€121,037
2024 · €120,500+€536
Cash
€1,987
2024 · €2,038-€51
Balance sheet total
€1.0m
2024 · €1.0m+€13,015
Largest movements
Assets
- Stocks and contracts +€12,670
up €12,670 (+3.8%), from €337,119 to €349,789
Equity and liabilities
- Other debts +€22,661
up €22,661 (+5.0%), from €454,868 to €477,529
- Debts after one year -€13,139
down €13,139 (-3.4%), from €381,433 to €368,294
Income statement
- Gross operating margin +€8,646
up €8,646 (+12.0%), from €71,850 to €80,496
- Financial charges +€7,537
up €7,537 (+50.0%), from €15,084 to €22,620
- Depreciation +€4,175
up €4,175 (+29.2%), from €14,305 to €18,480
- Other operating charges +€1,089
up €1,089 (+28.2%), from €3,862 to €4,950
Change in the result, 2024 to 2025
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
€4,986
Gross operating margin
+€8,646
Staff costs
-€313
Depreciation
-€4,175
Other operating charges
-€1,089
Financial income
+€19
Financial charges
-€7,537
Taxes
-€2
Result 2025
€536
raises the resultlowers the result
Derived cash bridge
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
+€27,440
Investment
-€15,200
Financing
-€12,291
Cash 2024
€2,038
From operations (derived)
+€27,440
Net result for the year
+€536
Depreciation
+€18,480
Stocks and contracts
-€12,670
Receivables within one year
-€3,941
Deferred charges and accrued income
+€265
Trade debts
-€2,706
Tax, wage and social debts
+€4,565
Advances received
+€375
Other debts
+€22,661
Accrued charges and deferred income
-€126
Investment (derived)
-€15,200
Investment in fixed assets (net)
-€15,200
Financing
-€12,291
Debts after one year
-€13,139
Current portion of long-term debt
+€663
Short-term financial debts
+€185
Cash 2025
€1,987
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,035,435 | €1,048,450 | +€13,015 | +1.3% |
| Fixed assets | 21/28 | €692,935 | €689,655 | -€3,280 | -0.5% |
| Tangible fixed assets | 22/27 | €692,935 | €689,655 | -€3,280 | -0.5% |
| Land and buildings | 22 | €688,181 | €679,540 | -€8,642 | -1.3% |
| Plant, machinery and equipment | 23 | €4,753 | €2,940 | -€1,813 | -38.1% |
| Furniture and vehicles | 24 | - | €7,175 | +€7,175 | |
| Current assets | 29/58 | €342,500 | €358,795 | +€16,295 | +4.8% |
| Stocks and contracts in progress | 3 | €337,119 | €349,789 | +€12,670 | +3.8% |
| Stocks | 30/36 | €337,119 | €349,789 | +€12,670 | +3.8% |
| Amounts receivable within one year | 40/41 | €2,232 | €6,173 | +€3,941 | +177% |
| Trade receivables | 40 | €2,232 | €5,094 | +€2,862 | +128% |
| Other amounts receivable | 41 | - | €1,079 | +€1,079 | |
| Cash at bank and in hand | 54/58 | €2,038 | €1,987 | -€51 | -2.5% |
| Deferred charges and accrued income | 490/1 | €1,111 | €846 | -€265 | -23.8% |
| Total equity and liabilities | 10/49 | €1,035,435 | €1,048,450 | +€13,015 | +1.3% |
| Equity | 10/15 | €120,500 | €121,037 | +€536 | +0.4% |
| Contributions | 10/11 | €298,600 | €298,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,100 | -€177,563 | +€536 | +0.3% |
| Amounts payable | 17/49 | €914,934 | €927,413 | +€12,479 | +1.4% |
| Amounts payable after more than one year | 17 | €381,433 | €368,294 | -€13,139 | -3.4% |
| Financial debts | 170/4 | €381,433 | €368,294 | -€13,139 | -3.4% |
| Amounts payable within one year | 42/48 | €531,641 | €557,385 | +€25,744 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €13,543 | €14,206 | +€663 | +4.9% |
| Financial debts | 43 | €14,785 | €14,970 | +€185 | +1.3% |
| Credit institutions | 430/8 | €14,785 | €14,970 | +€185 | +1.3% |
| Trade debts | 44 | €30,672 | €27,967 | -€2,706 | -8.8% |
| Suppliers | 440/4 | €30,672 | €27,967 | -€2,706 | -8.8% |
| Advances received on contracts in progress | 46 | €775 | €1,150 | +€375 | +48.4% |
| Taxes, remuneration and social security | 45 | €16,998 | €21,564 | +€4,565 | +26.9% |
| Taxes | 450/3 | €11,811 | €17,031 | +€5,220 | +44.2% |
| Remuneration and social security | 454/9 | €5,187 | €4,533 | -€655 | -12.6% |
| Other amounts payable | 47/48 | €454,868 | €477,529 | +€22,661 | +5.0% |
| Accrued charges and deferred income | 492/3 | €1,861 | €1,734 | -€126 | -6.8% |
| Remuneration, social security and pensions | 62 | €33,554 | €33,867 | +€313 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,305 | €18,480 | +€4,175 | +29.2% |
| Other operating charges | 640/8 | €3,862 | €4,950 | +€1,089 | +28.2% |
| Gross operating margin | 9900 | €71,850 | €80,496 | +€8,646 | +12.0% |
| Operating profit (loss) | 9901 | €20,129 | €23,198 | +€3,069 | +15.2% |
| Financial income | 75/76B | €115 | €134 | +€19 | +16.9% |
| Recurring financial income | 75 | €115 | €134 | +€19 | +16.9% |
| Financial charges | 65/66B | €15,084 | €22,620 | +€7,537 | +50.0% |
| Recurring financial charges | 65 | €15,084 | €22,620 | +€7,537 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €5,161 | €713 | -€4,448 | -86.2% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | €4,986 | €536 | -€4,450 | -89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,986 | €536 | -€4,450 | -89.2% |
Next steps
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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 5 November 2026 via checked.be.