TJ 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.
TJ RACING
Largest movements
- Receivables within one year -€21,778
down €21,778 (-88.8%), from €24,523 to €2,745
of which Other amounts receivable: -€21,923
- Cash -€18,863
down €18,863 (-96.1%), from €19,638 to €775
mainly Trade debts (-€24,507) and Other debts (-€8,231)
- Trade debts -€24,507
down €24,507 (-89.5%), from €27,393 to €2,885
- Other debts -€8,231
down €8,231 (-82.3%), from €10,000 to €1,769
- Profit (loss) carried forward -€8,004
down €8,004, from €4,698 to -€3,306
- Gross operating margin -€11,761
down €11,761, from €4,634 to -€7,127
- Taxes -€1,171
no longer reported in 2025 (was €1,171)
- Other operating charges +€370
up €370 (+88.7%), from €417 to €787
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 | €44,262 | €3,520 | -€40,743 | -92.0% |
| Current assets | 29/58 | €44,262 | €3,520 | -€40,743 | -92.0% |
| Amounts receivable within one year | 40/41 | €24,523 | €2,745 | -€21,778 | -88.8% |
| Trade receivables | 40 | €605 | €750 | +€145 | +24.0% |
| Other amounts receivable | 41 | €23,918 | €1,995 | -€21,923 | -91.7% |
| Cash at bank and in hand | 54/58 | €19,638 | €775 | -€18,863 | -96.1% |
| Deferred charges and accrued income | 490/1 | €101 | - | -€101 | |
| Total equity and liabilities | 10/49 | €44,262 | €3,520 | -€40,743 | -92.0% |
| Equity | 10/15 | €5,698 | -€2,306 | -€8,004 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,698 | -€3,306 | -€8,004 | |
| Amounts payable | 17/49 | €38,564 | €5,826 | -€32,738 | -84.9% |
| Amounts payable within one year | 42/48 | €38,564 | €5,826 | -€32,738 | -84.9% |
| Trade debts | 44 | €27,393 | €2,885 | -€24,507 | -89.5% |
| Suppliers | 440/4 | €27,393 | €2,885 | -€24,507 | -89.5% |
| Taxes, remuneration and social security | 45 | €1,171 | €1,171 | = | 0.0% |
| Taxes | 450/3 | €1,171 | €1,171 | = | 0.0% |
| Other amounts payable | 47/48 | €10,000 | €1,769 | -€8,231 | -82.3% |
| Other operating charges | 640/8 | €417 | €787 | +€370 | +88.7% |
| Gross operating margin | 9900 | €4,634 | -€7,127 | -€11,761 | |
| Operating profit (loss) | 9901 | €4,217 | -€7,914 | -€12,131 | |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €42 | €102 | +€59 | +140% |
| Recurring financial charges | 65 | €42 | €102 | +€59 | +140% |
| Profit (loss) for the period before taxes | 9903 | €4,175 | -€8,004 | -€12,179 | |
| Income taxes | 67/77 | €1,171 | - | -€1,171 | |
| Profit (loss) for the period | 9904 | €3,004 | -€8,004 | -€11,008 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,004 | -€8,004 | -€11,008 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.