RACCAR: 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.
RACCAR
Largest movements
- Cash -€67,932
down €67,932 (-87.8%), from €77,401 to €9,469
mainly Net result for the year (-€34,713) and Debts after one year (-€21,330)
- Tangible fixed assets -€12,709
down €12,709 (-3.8%), from €330,174 to €317,466
of which Leasing and similar rights: -€7,589
- Receivables within one year +€6,294
up €6,294 (+629,439%), from €1 to €6,295
- Profit (loss) carried forward -€34,713
down €34,713, from €30,683 to -€4,031
- Debts after one year -€21,330
down €21,330 (-8.7%), from €244,214 to €222,883
- Other debts -€10,206
no longer reported in 2025 (was €10,206)
- Tax, wage and social debts -€7,928
down €7,928 (-37.5%), from €21,133 to €13,205
- Gross operating margin -€147,149
down €147,149 (-99.1%), from €148,446 to €1,297
- Taxes -€38,926
down €38,926 (-94.8%), from €41,071 to €2,145
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 | €408,075 | €333,961 | -€74,114 | -18.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €330,174 | €317,466 | -€12,709 | -3.8% |
| Tangible fixed assets | 22/27 | €330,174 | €317,466 | -€12,709 | -3.8% |
| Land and buildings | 22 | €281,405 | €274,814 | -€6,591 | -2.3% |
| Plant, machinery and equipment | 23 | €2,837 | €1,994 | -€844 | -29.7% |
| Furniture and vehicles | 24 | €20,046 | €22,361 | +€2,315 | +11.5% |
| Leasing and similar rights | 25 | €25,886 | €18,297 | -€7,589 | -29.3% |
| Current assets | 29/58 | €77,900 | €16,496 | -€61,405 | -78.8% |
| Amounts receivable within one year | 40/41 | €1 | €6,295 | +€6,294 | +629,439% |
| Other amounts receivable | 41 | €1 | €6,295 | +€6,294 | +629,439% |
| Cash at bank and in hand | 54/58 | €77,401 | €9,469 | -€67,932 | -87.8% |
| Deferred charges and accrued income | 490/1 | €498 | €731 | +€233 | +46.8% |
| Total equity and liabilities | 10/49 | €408,075 | €333,961 | -€74,114 | -18.2% |
| Equity | 10/15 | €108,738 | €74,024 | -€34,713 | -31.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,855 | €71,855 | = | 0.0% |
| Distributable reserves | 133 | €71,855 | €71,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,683 | -€4,031 | -€34,713 | |
| Amounts payable | 17/49 | €299,337 | €259,937 | -€39,400 | -13.2% |
| Amounts payable after more than one year | 17 | €244,214 | €222,883 | -€21,330 | -8.7% |
| Financial debts | 170/4 | €244,214 | €222,883 | -€21,330 | -8.7% |
| Amounts payable within one year | 42/48 | €55,123 | €37,053 | -€18,070 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €20,303 | €21,330 | +€1,027 | +5.1% |
| Trade debts | 44 | €3,481 | €2,518 | -€963 | -27.7% |
| Suppliers | 440/4 | €3,481 | €2,518 | -€963 | -27.7% |
| Taxes, remuneration and social security | 45 | €21,133 | €13,205 | -€7,928 | -37.5% |
| Taxes | 450/3 | €21,133 | €13,205 | -€7,928 | -37.5% |
| Other amounts payable | 47/48 | €10,206 | - | -€10,206 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,779 | €18,137 | +€1,358 | +8.1% |
| Other operating charges | 640/8 | €2,369 | €2,505 | +€135 | +5.7% |
| Gross operating margin | 9900 | €148,446 | €1,297 | -€147,149 | -99.1% |
| Operating profit (loss) | 9901 | €129,298 | -€19,345 | -€148,643 | |
| Financial income | 75/76B | €11 | €92 | +€81 | +714% |
| Recurring financial income | 75 | €11 | €92 | +€81 | +714% |
| Financial charges | 65/66B | €14,358 | €13,316 | -€1,043 | -7.3% |
| Recurring financial charges | 65 | €14,358 | €13,316 | -€1,043 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €114,951 | -€32,569 | -€147,519 | |
| Income taxes | 67/77 | €41,071 | €2,145 | -€38,926 | -94.8% |
| Profit (loss) for the period | 9904 | €73,880 | -€34,713 | -€108,593 | |
| Profit (loss) for the period to be appropriated | 9905 | €73,880 | -€34,713 | -€108,593 |
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 13 October 2026 via checked.be.