RAC 1 GP: 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.
RAC 1 GP
Largest movements
- Cash -€5,341
down €5,341 (-10.1%), from €52,954 to €47,613
mainly Net result for the year (-€9,681) and Deferred charges and accrued income (-€11)
- Profit (loss) carried forward -€9,681
down €9,681 (-61.1%), from -€15,850 to -€25,531
- Trade debts +€4,351
up €4,351 (+57.8%), from €7,533 to €11,884
- Gross operating margin -€5,040
down €5,040 (-140%), from -€3,601 to -€8,642
- Financial charges +€219
up €219 (+52.1%), from €421 to €639
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 | €53,183 | €47,853 | -€5,330 | -10.0% |
| Fixed assets | 21/28 | €11 | €11 | = | 0.0% |
| Financial fixed assets | 28 | €11 | €11 | = | 0.0% |
| Current assets | 29/58 | €53,172 | €47,842 | -€5,330 | -10.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €52,954 | €47,613 | -€5,341 | -10.1% |
| Deferred charges and accrued income | 490/1 | €218 | €229 | +€11 | +5.0% |
| Total equity and liabilities | 10/49 | €53,183 | €47,853 | -€5,330 | -10.0% |
| Equity | 10/15 | €45,650 | €35,969 | -€9,681 | -21.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,850 | -€25,531 | -€9,681 | -61.1% |
| Amounts payable | 17/49 | €7,533 | €11,884 | +€4,351 | +57.8% |
| Amounts payable within one year | 42/48 | €7,533 | €11,884 | +€4,351 | +57.8% |
| Trade debts | 44 | €7,533 | €11,884 | +€4,351 | +57.8% |
| Suppliers | 440/4 | €7,533 | €11,884 | +€4,351 | +57.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€3,601 | -€8,642 | -€5,040 | -140% |
| Operating profit (loss) | 9901 | -€3,989 | -€9,041 | -€5,053 | -127% |
| Financial charges | 65/66B | €421 | €639 | +€219 | +52.1% |
| Recurring financial charges | 65 | €421 | €639 | +€219 | +52.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,409 | -€9,681 | -€5,272 | -120% |
| Profit (loss) for the period | 9904 | -€4,409 | -€9,681 | -€5,272 | -120% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,409 | -€9,681 | -€5,272 | -120% |
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.