RedAnt Racing Team: what changed
RedAnt Racing Team
Largest movements
- Receivables within one year +€860,077
up €860,077 (+1,257%), from €68,398 to €928,475
of which Trade receivables: +€901,683
- Cash +€167,705
up €167,705 (+2,233%), from €7,512 to €175,217
mainly Trade debts (+€722,729) and Other debts (+€502,268)
- Tangible fixed assets +€161,715
up €161,715 (+75.3%), from €214,775 to €376,489
of which Furniture and vehicles: +€173,353
- Trade debts +€722,729
up €722,729 (+758%), from €95,353 to €818,082
- Other debts +€502,268
up €502,268 (+239%), from €210,000 to €712,268
- Current portion of long-term debt -€425,000
down €425,000 (-100%), from €425,000 to €0
- Short-term financial debts +€350,000
new in 2025: €350,000
- Profit (loss) carried forward +€37,875
up €37,875 (+8.2%), from -€462,782 to -€424,907
- Gross operating margin +€482,134
up €482,134, from -€289,787 to €192,347
- Staff costs -€31,958
down €31,958 (-24.2%), from €131,917 to €99,959
- Other operating charges -€30,750
down €30,750 (-97.1%), from €31,670 to €920
- Financial income -€25,047
down €25,047 (-100.0%), from €25,049 to €2
- Financial charges -€14,630
down €14,630 (-26.8%), from €54,545 to €39,916
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €290,684 | €1,484,681 | +€1.2m | +411% |
| Fixed assets | 21/28 | €214,775 | €380,989 | +€166,215 | +77.4% |
| Tangible fixed assets | 22/27 | €214,775 | €376,489 | +€161,715 | +75.3% |
| Plant, machinery and equipment | 23 | €37,861 | €26,223 | -€11,638 | -30.7% |
| Furniture and vehicles | 24 | €176,914 | €350,266 | +€173,353 | +98.0% |
| Financial fixed assets | 28 | - | €4,500 | +€4,500 | |
| Current assets | 29/58 | €75,910 | €1,103,692 | +€1.0m | +1,354% |
| Amounts receivable within one year | 40/41 | €68,398 | €928,475 | +€860,077 | +1,257% |
| Trade receivables | 40 | €26,792 | €928,475 | +€901,683 | +3,365% |
| Other amounts receivable | 41 | €41,606 | €0 | -€41,606 | -100% |
| Cash at bank and in hand | 54/58 | €7,512 | €175,217 | +€167,705 | +2,233% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €290,684 | €1,484,681 | +€1.2m | +411% |
| Equity | 10/15 | -€459,782 | -€421,907 | +€37,875 | +8.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€462,782 | -€424,907 | +€37,875 | +8.2% |
| Amounts payable | 17/49 | €750,467 | €1,906,588 | +€1.2m | +154% |
| Amounts payable within one year | 42/48 | €748,833 | €1,904,754 | +€1.2m | +154% |
| Current portion of amounts payable after more than one year | 42 | €425,000 | €0 | -€425,000 | -100% |
| Financial debts | 43 | - | €350,000 | +€350,000 | |
| Credit institutions | 430/8 | - | €350,000 | +€350,000 | |
| Trade debts | 44 | €95,353 | €818,082 | +€722,729 | +758% |
| Suppliers | 440/4 | €95,353 | €818,082 | +€722,729 | +758% |
| Taxes, remuneration and social security | 45 | €18,480 | €24,404 | +€5,923 | +32.1% |
| Taxes | 450/3 | €641 | €10,598 | +€9,957 | +1,552% |
| Remuneration and social security | 454/9 | €17,839 | €13,806 | -€4,033 | -22.6% |
| Other amounts payable | 47/48 | €210,000 | €712,268 | +€502,268 | +239% |
| Accrued charges and deferred income | 492/3 | €1,633 | €1,834 | +€201 | +12.3% |
| Remuneration, social security and pensions | 62 | €131,917 | €99,959 | -€31,958 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,952 | €12,091 | +€140 | +1.2% |
| Other operating charges | 640/8 | €31,670 | €920 | -€30,750 | -97.1% |
| Non-recurring operating charges | 66A | - | €1,586 | +€1,586 | |
| Gross operating margin | 9900 | -€289,787 | €192,347 | +€482,134 | |
| Operating profit (loss) | 9901 | -€465,325 | €77,790 | +€543,115 | |
| Financial income | 75/76B | €25,049 | €2 | -€25,047 | -100.0% |
| Recurring financial income | 75 | €25,049 | €2 | -€25,047 | -100.0% |
| Financial charges | 65/66B | €54,545 | €39,916 | -€14,630 | -26.8% |
| Recurring financial charges | 65 | €54,545 | €39,916 | -€14,630 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | -€494,822 | €37,875 | +€532,697 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€494,822 | €37,875 | +€532,697 | |
| Profit (loss) for the period to be appropriated | 9905 | -€494,822 | €37,875 | +€532,697 |
Next steps
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 3 November 2026 via checked.be.