SIXSTAR RACING: 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.
SIXSTAR RACING
Largest movements
- Receivables within one year +€91,043
up €91,043 (+2,172%), from €4,192 to €95,235
of which Trade receivables: +€92,934
- Cash +€63,558
up €63,558 (+54.8%), from €116,087 to €179,645
mainly Trade debts (+€53,919) and Stocks and contracts (+€37,491)
- Stocks and contracts -€37,491
down €37,491 (-29.7%), from €126,126 to €88,634
- Tangible fixed assets -€5,170
down €5,170 (-16.6%), from €31,147 to €25,977
- Trade debts +€53,919
up €53,919 (+163%), from €33,121 to €87,041
of which Bills of exchange payable: +€68,584
- Tax, wage and social debts +€34,190
up €34,190 (+330%), from €10,350 to €44,540
of which Taxes: +€41,690
- Profit (loss) carried forward +€26,664
up €26,664 (+31.9%), from €83,681 to €110,344
- Gross operating margin +€10,450
up €10,450 (+32.2%), from €32,460 to €42,910
- Taxes +€5,431
up €5,431 (+136%), from €3,982 to €9,414
- Depreciation -€4,763
down €4,763 (-48.0%), from €9,933 to €5,170
- Financial income +€1,244
up €1,244 (+852%), from €146 to €1,390
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 | €278,096 | €389,673 | +€111,578 | +40.1% |
| Fixed assets | 21/28 | €31,147 | €25,977 | -€5,170 | -16.6% |
| Tangible fixed assets | 22/27 | €31,147 | €25,977 | -€5,170 | -16.6% |
| Land and buildings | 22 | €22,709 | €21,459 | -€1,250 | -5.5% |
| Plant, machinery and equipment | 23 | €3,554 | €1,782 | -€1,772 | -49.9% |
| Furniture and vehicles | 24 | €4,884 | €2,736 | -€2,148 | -44.0% |
| Current assets | 29/58 | €246,949 | €363,696 | +€116,747 | +47.3% |
| Stocks and contracts in progress | 3 | €126,126 | €88,634 | -€37,491 | -29.7% |
| Stocks | 30/36 | €126,126 | €88,634 | -€37,491 | -29.7% |
| Amounts receivable within one year | 40/41 | €4,192 | €95,235 | +€91,043 | +2,172% |
| Trade receivables | 40 | €2,204 | €95,138 | +€92,934 | +4,216% |
| Other amounts receivable | 41 | €1,988 | €97 | -€1,891 | -95.1% |
| Cash at bank and in hand | 54/58 | €116,087 | €179,645 | +€63,558 | +54.8% |
| Deferred charges and accrued income | 490/1 | €544 | €182 | -€362 | -66.6% |
| Total equity and liabilities | 10/49 | €278,096 | €389,673 | +€111,578 | +40.1% |
| Equity | 10/15 | €105,564 | €132,228 | +€26,664 | +25.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €9,484 | €9,484 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,624 | €7,624 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,681 | €110,344 | +€26,664 | +31.9% |
| Amounts payable | 17/49 | €172,531 | €257,445 | +€84,914 | +49.2% |
| Amounts payable after more than one year | 17 | €14,571 | €12,551 | -€2,019 | -13.9% |
| Financial debts | 170/4 | €14,571 | €12,551 | -€2,019 | -13.9% |
| Amounts payable within one year | 42/48 | €157,961 | €244,894 | +€86,933 | +55.0% |
| Current portion of amounts payable after more than one year | 42 | €1,965 | €2,019 | +€55 | +2.8% |
| Financial debts | 43 | €2,000 | €2,000 | = | 0.0% |
| Credit institutions | 430/8 | €2,000 | €2,000 | = | 0.0% |
| Trade debts | 44 | €33,121 | €87,041 | +€53,919 | +163% |
| Suppliers | 440/4 | €33,121 | €18,457 | -€14,664 | -44.3% |
| Bills of exchange payable | 441 | - | €68,584 | +€68,584 | |
| Taxes, remuneration and social security | 45 | €10,350 | €44,540 | +€34,190 | +330% |
| Taxes | 450/3 | €1,350 | €43,040 | +€41,690 | +3,088% |
| Remuneration and social security | 454/9 | €9,000 | €1,500 | -€7,500 | -83.3% |
| Other amounts payable | 47/48 | €110,525 | €109,294 | -€1,231 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,933 | €5,170 | -€4,763 | -48.0% |
| Other operating charges | 640/8 | €742 | €893 | +€151 | +20.3% |
| Gross operating margin | 9900 | €32,460 | €42,910 | +€10,450 | +32.2% |
| Operating profit (loss) | 9901 | €21,785 | €36,847 | +€15,062 | +69.1% |
| Financial income | 75/76B | €146 | €1,390 | +€1,244 | +852% |
| Recurring financial income | 75 | €146 | €1,390 | +€1,244 | +852% |
| Financial charges | 65/66B | €2,367 | €2,160 | -€207 | -8.7% |
| Recurring financial charges | 65 | €2,367 | €2,160 | -€207 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €19,564 | €36,077 | +€16,514 | +84.4% |
| Income taxes | 67/77 | €3,982 | €9,414 | +€5,431 | +136% |
| Profit (loss) for the period | 9904 | €15,581 | €26,664 | +€11,082 | +71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,581 | €26,664 | +€11,082 | +71.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.