Racketpower: what changed
Two fiscal 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.
Racketpower
Largest movements
- Cash +€18,731
up €18,731 (+63.2%), from €29,622 to €48,353
mainly Net result for the year (+€29,225) and Tax, wage and social debts (+€8,036)
- Tangible fixed assets -€4,564
down €4,564 (-9.5%), from €47,983 to €43,420
of which Plant, machinery and equipment: -€5,687
- Deferred charges and accrued income -€2,154
down €2,154 (-97.3%), from €2,214 to €60
- Receivables within one year +€1,475
up €1,475 (+23.2%), from €6,356 to €7,831
of which Other amounts receivable: +€4,576
- Reserves +€29,225
up €29,225 (+114.5%), from €25,528 to €54,753
- Debts after one year -€13,826
down €13,826 (-85.4%), from €16,191 to €2,365
- Other debts -€8,631
down €8,631 (-58.7%), from €14,706 to €6,075
- Tax, wage and social debts +€8,036
up €8,036 (+80.6%), from €9,964 to €18,000
- Trade debts -€1,498
down €1,498 (-96.0%), from €1,560 to €62
- Gross operating margin +€1,958
up €1,958 (+4.6%), from €42,262 to €44,220
- Taxes -€1,408
down €1,408 (-15.6%), from €9,048 to €7,640
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.
Cash bridge derived
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 | €86,175 | €100,081 | +€13,905 | +16.1% |
| Fixed assets | 21/28 | €47,983 | €43,420 | -€4,564 | -9.5% |
| Tangible fixed assets | 22/27 | €47,983 | €43,420 | -€4,564 | -9.5% |
| Plant, machinery and equipment | 23 | €47,983 | €42,296 | -€5,687 | -11.9% |
| Furniture and vehicles | 24 | - | €1,123 | +€1,123 | |
| Current assets | 29/58 | €38,192 | €56,661 | +€18,469 | +48.4% |
| Stocks and contracts in progress | 3 | - | €417 | +€417 | |
| Stocks | 30/36 | - | €417 | +€417 | |
| Amounts receivable within one year | 40/41 | €6,356 | €7,831 | +€1,475 | +23.2% |
| Trade receivables | 40 | €6,356 | €3,255 | -€3,101 | -48.8% |
| Other amounts receivable | 41 | - | €4,576 | +€4,576 | |
| Cash at bank and in hand | 54/58 | €29,622 | €48,353 | +€18,731 | +63.2% |
| Deferred charges and accrued income | 490/1 | €2,214 | €60 | -€2,154 | -97.3% |
| Total equity and liabilities | 10/49 | €86,175 | €100,081 | +€13,905 | +16.1% |
| Equity | 10/15 | €30,528 | €59,753 | +€29,225 | +95.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,528 | €54,753 | +€29,225 | +114.5% |
| Distributable reserves | 133 | €25,528 | €54,753 | +€29,225 | +114.5% |
| Amounts payable | 17/49 | €55,647 | €40,328 | -€15,319 | -27.5% |
| Amounts payable after more than one year | 17 | €16,191 | €2,365 | -€13,826 | -85.4% |
| Financial debts | 170/4 | €16,191 | €2,365 | -€13,826 | -85.4% |
| Amounts payable within one year | 42/48 | €39,457 | €37,963 | -€1,493 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €13,227 | €13,826 | +€599 | +4.5% |
| Trade debts | 44 | €1,560 | €62 | -€1,498 | -96.0% |
| Suppliers | 440/4 | €1,560 | €62 | -€1,498 | -96.0% |
| Taxes, remuneration and social security | 45 | €9,964 | €18,000 | +€8,036 | +80.6% |
| Taxes | 450/3 | €9,964 | €18,000 | +€8,036 | +80.6% |
| Other amounts payable | 47/48 | €14,706 | €6,075 | -€8,631 | -58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,672 | €6,064 | +€392 | +6.9% |
| Other operating charges | 640/8 | €387 | €49 | -€338 | -87.3% |
| Gross operating margin | 9900 | €42,262 | €44,220 | +€1,958 | +4.6% |
| Operating profit (loss) | 9901 | €36,203 | €38,107 | +€1,904 | +5.3% |
| Financial income | 75/76B | €0 | €19 | +€19 | +94200.0% |
| Recurring financial income | 75 | €0 | €19 | +€19 | +94200.0% |
| Financial charges | 65/66B | €1,627 | €1,262 | -€365 | -22.4% |
| Recurring financial charges | 65 | €1,627 | €1,262 | -€365 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €34,576 | €36,864 | +€2,288 | +6.6% |
| Income taxes | 67/77 | €9,048 | €7,640 | -€1,408 | -15.6% |
| Profit (loss) for the period | 9904 | €25,528 | €29,225 | +€3,697 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,528 | €29,225 | +€3,697 | +14.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.