Racine3 Immo: 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.
Racine3 Immo
Largest movements
- Tangible fixed assets -€23,778
down €23,778 (-1.6%), from €1.4m to €1.4m
of which Land and buildings: -€34,700
- Debts after one year -€84,211
down €84,211 (-7.6%), from €1.1m to €1.0m
- Profit (loss) carried forward +€48,976
up €48,976 (+77.2%), from -€63,472 to -€14,496
- Other debts +€17,500
up €17,500 (+5.9%), from €298,666 to €316,166
- Gross operating margin +€88,002
up €88,002 (+1,596%), from €5,513 to €93,515
- Depreciation +€23,670
up €23,670 (+205%), from €11,567 to €35,237
- Other operating charges -€1,202
down €1,202 (-50.1%), from €2,399 to €1,197
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 | €1,456,260 | €1,429,461 | -€26,798 | -1.8% |
| Fixed assets | 21/28 | €1,446,361 | €1,422,713 | -€23,648 | -1.6% |
| Tangible fixed assets | 22/27 | €1,445,895 | €1,422,116 | -€23,778 | -1.6% |
| Land and buildings | 22 | €1,445,895 | €1,411,195 | -€34,700 | -2.4% |
| Plant, machinery and equipment | 23 | - | €10,922 | +€10,922 | |
| Financial fixed assets | 28 | €467 | €597 | +€130 | +27.9% |
| Current assets | 29/58 | €9,898 | €6,748 | -€3,150 | -31.8% |
| Amounts receivable within one year | 40/41 | €1,276 | €1,276 | = | 0.0% |
| Other amounts receivable | 41 | €1,276 | €1,276 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,799 | €3,597 | -€3,202 | -47.1% |
| Deferred charges and accrued income | 490/1 | €1,824 | €1,875 | +€51 | +2.8% |
| Total equity and liabilities | 10/49 | €1,456,260 | €1,429,461 | -€26,798 | -1.8% |
| Equity | 10/15 | -€58,472 | -€9,496 | +€48,976 | +83.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,472 | -€14,496 | +€48,976 | +77.2% |
| Amounts payable | 17/49 | €1,514,731 | €1,438,957 | -€75,774 | -5.0% |
| Amounts payable after more than one year | 17 | €1,112,356 | €1,028,145 | -€84,211 | -7.6% |
| Financial debts | 170/4 | €1,112,356 | €1,028,145 | -€84,211 | -7.6% |
| Amounts payable within one year | 42/48 | €394,375 | €410,813 | +€16,437 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €83,709 | €84,211 | +€502 | +0.6% |
| Trade debts | 44 | €8,499 | €1,620 | -€6,879 | -80.9% |
| Suppliers | 440/4 | €8,499 | €1,620 | -€6,879 | -80.9% |
| Taxes, remuneration and social security | 45 | €3,501 | €8,815 | +€5,314 | +152% |
| Taxes | 450/3 | €3,501 | €8,815 | +€5,314 | +152% |
| Other amounts payable | 47/48 | €298,666 | €316,166 | +€17,500 | +5.9% |
| Accrued charges and deferred income | 492/3 | €8,000 | - | -€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,567 | €35,237 | +€23,670 | +205% |
| Other operating charges | 640/8 | €2,399 | €1,197 | -€1,202 | -50.1% |
| Gross operating margin | 9900 | €5,513 | €93,515 | +€88,002 | +1,596% |
| Operating profit (loss) | 9901 | -€8,453 | €57,080 | +€65,534 | |
| Financial charges | 65/66B | €7,737 | €8,105 | +€367 | +4.7% |
| Recurring financial charges | 65 | €7,737 | €8,105 | +€367 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | -€16,191 | €48,976 | +€65,166 | |
| Profit (loss) for the period | 9904 | -€16,191 | €48,976 | +€65,166 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,191 | €48,976 | +€65,166 |
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.