RL RACING TEAM: 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.
RL RACING TEAM
Largest movements
- Cash -€1,764
down €1,764 (-74.9%), from €2,355 to €591
mainly Net result for the year (-€6,095) and Trade debts (-€2,092)
- Deferred charges and accrued income -€488
no longer reported in 2022 (was €488)
- Receivables within one year +€33
up €33 (+12.5%), from €266 to €299
- Profit (loss) carried forward -€6,095
down €6,095 (-27.0%), from -€22,540 to -€28,635
- Other debts +€5,968
up €5,968 (+31.2%), from €19,139 to €25,107
- Trade debts -€2,092
down €2,092 (-41.8%), from €5,010 to €2,918
- Gross operating margin +€8,794
up €8,794 (+60.0%), from -€14,648 to -€5,854
- Other operating charges -€6,265
down €6,265 (-96.9%), from €6,466 to €201
- Depreciation -€1,317
no longer reported in 2022 (was €1,317)
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,109 | €890 | -€2,219 | -71.4% |
| Current assets | 29/58 | €3,109 | €890 | -€2,219 | -71.4% |
| Amounts receivable within one year | 40/41 | €266 | €299 | +€33 | +12.5% |
| Other amounts receivable | 41 | €266 | €299 | +€33 | +12.5% |
| Cash at bank and in hand | 54/58 | €2,355 | €591 | -€1,764 | -74.9% |
| Deferred charges and accrued income | 490/1 | €488 | - | -€488 | |
| Total equity and liabilities | 10/49 | €3,109 | €890 | -€2,219 | -71.4% |
| Equity | 10/15 | -€21,040 | -€27,135 | -€6,095 | -29.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,540 | -€28,635 | -€6,095 | -27.0% |
| Amounts payable | 17/49 | €24,149 | €28,025 | +€3,875 | +16.0% |
| Amounts payable within one year | 42/48 | €24,149 | €28,025 | +€3,875 | +16.0% |
| Trade debts | 44 | €5,010 | €2,918 | -€2,092 | -41.8% |
| Suppliers | 440/4 | €5,010 | €2,918 | -€2,092 | -41.8% |
| Other amounts payable | 47/48 | €19,139 | €25,107 | +€5,968 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,317 | - | -€1,317 | |
| Other operating charges | 640/8 | €6,466 | €201 | -€6,265 | -96.9% |
| Gross operating margin | 9900 | -€14,648 | -€5,854 | +€8,794 | +60.0% |
| Operating profit (loss) | 9901 | -€22,432 | -€6,054 | +€16,377 | +73.0% |
| Financial charges | 65/66B | €109 | €40 | -€68 | -62.9% |
| Recurring financial charges | 65 | €109 | €40 | -€68 | -62.9% |
| Profit (loss) for the period before taxes | 9903 | -€22,540 | -€6,095 | +€16,445 | +73.0% |
| Profit (loss) for the period | 9904 | -€22,540 | -€6,095 | +€16,445 | +73.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,540 | -€6,095 | +€16,445 | +73.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.