Regatta Belgium: 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.
Regatta Belgium
Largest movements
- Receivables within one year +€170,750
up €170,750 (+71.5%), from €238,821 to €409,571
of which Trade receivables: +€169,343
- Deferred charges and accrued income +€35,429
up €35,429 (+9.6%), from €368,855 to €404,284
- Cash +€14,342
up €14,342 (+130%), from €11,018 to €25,360
mainly Other debts (+€197,514) and Net result for the year (+€30,282)
- Other debts +€197,514
up €197,514 (+62.4%), from €316,706 to €514,221
- Profit (loss) carried forward +€30,282
up €30,282 (+15.5%), from €195,404 to €225,687
- Tax, wage and social debts -€29,838
down €29,838 (-28.6%), from €104,443 to €74,605
of which Remuneration and social security: -€25,125
- Accrued charges and deferred income +€15,582
up €15,582 (+87.9%), from €17,732 to €33,314
- Gross operating margin -€26,705
down €26,705 (-6.3%), from €422,955 to €396,250
- Staff costs -€8,167
down €8,167 (-2.4%), from €346,295 to €338,127
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €636,598 | €850,140 | +€213,542 | +33.5% |
| Fixed assets | 21/28 | €17,905 | €10,926 | -€6,979 | -39.0% |
| Tangible fixed assets | 22/27 | €17,905 | €10,926 | -€6,979 | -39.0% |
| Plant, machinery and equipment | 23 | €870 | €1,111 | +€242 | +27.8% |
| Furniture and vehicles | 24 | €17,035 | €9,814 | -€7,221 | -42.4% |
| Current assets | 29/58 | €618,694 | €839,214 | +€220,521 | +35.6% |
| Amounts receivable within one year | 40/41 | €238,821 | €409,571 | +€170,750 | +71.5% |
| Trade receivables | 40 | €233,261 | €402,604 | +€169,343 | +72.6% |
| Other amounts receivable | 41 | €5,560 | €6,967 | +€1,407 | +25.3% |
| Cash at bank and in hand | 54/58 | €11,018 | €25,360 | +€14,342 | +130% |
| Deferred charges and accrued income | 490/1 | €368,855 | €404,284 | +€35,429 | +9.6% |
| Total equity and liabilities | 10/49 | €636,598 | €850,140 | +€213,542 | +33.5% |
| Equity | 10/15 | €195,405 | €225,688 | +€30,282 | +15.5% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €195,404 | €225,687 | +€30,282 | +15.5% |
| Amounts payable | 17/49 | €441,193 | €624,453 | +€183,260 | +41.5% |
| Amounts payable within one year | 42/48 | €423,461 | €591,139 | +€167,678 | +39.6% |
| Trade debts | 44 | €2,311 | €2,313 | +€2 | +0.1% |
| Suppliers | 440/4 | €2,311 | €2,313 | +€2 | +0.1% |
| Taxes, remuneration and social security | 45 | €104,443 | €74,605 | -€29,838 | -28.6% |
| Taxes | 450/3 | €24,693 | €19,980 | -€4,713 | -19.1% |
| Remuneration and social security | 454/9 | €79,750 | €54,625 | -€25,125 | -31.5% |
| Other amounts payable | 47/48 | €316,706 | €514,221 | +€197,514 | +62.4% |
| Accrued charges and deferred income | 492/3 | €17,732 | €33,314 | +€15,582 | +87.9% |
| Remuneration, social security and pensions | 62 | €346,295 | €338,127 | -€8,167 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,724 | €7,880 | +€157 | +2.0% |
| Other operating charges | 640/8 | €765 | €616 | -€149 | -19.5% |
| Gross operating margin | 9900 | €422,955 | €396,250 | -€26,705 | -6.3% |
| Operating profit (loss) | 9901 | €68,172 | €49,627 | -€18,545 | -27.2% |
| Financial charges | 65/66B | €7,212 | €3,283 | -€3,929 | -54.5% |
| Recurring financial charges | 65 | €7,212 | €3,283 | -€3,929 | -54.5% |
| Profit (loss) for the period before taxes | 9903 | €60,960 | €46,344 | -€14,617 | -24.0% |
| Income taxes | 67/77 | €19,355 | €16,061 | -€3,294 | -17.0% |
| Profit (loss) for the period | 9904 | €41,605 | €30,282 | -€11,323 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,605 | €30,282 | -€11,323 | -27.2% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.