ACC-RAFFAELI: what changed
ACC-RAFFAELI
Largest movements
- Cash +€16,672
up €16,672 (+111%), from €15,008 to €31,679
mainly Net result for the year (+€21,384) and Receivables within one year (+€5,056)
- Receivables within one year -€5,056
down €5,056 (-92.2%), from €5,484 to €427
- Deferred charges and accrued income -€742
down €742 (-13.3%), from €5,562 to €4,820
- Profit (loss) carried forward +€7,267
up €7,267 (+55.3%), from €13,147 to €20,414
- Other debts +€2,775
up €2,775 (+23.6%), from €11,765 to €14,539
- Trade debts +€1,122
up €1,122 (+398%), from €282 to €1,404
- Gross operating margin +€12,109
up €12,109 (+58.1%), from €20,846 to €32,956
- Taxes +€4,252
up €4,252 (+79.9%), from €5,321 to €9,573
- Other operating charges +€450
up €450 (+57.8%), from €778 to €1,229
- Financial income -€428
down €428 (-91.1%), from €470 to €42
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 | €28,994 | €40,157 | +€11,163 | +38.5% |
| Fixed assets | 21/28 | €2,941 | €3,231 | +€290 | +9.9% |
| Tangible fixed assets | 22/27 | €2,941 | €3,231 | +€290 | +9.9% |
| Furniture and vehicles | 24 | - | €632 | +€632 | |
| Other tangible fixed assets | 26 | €2,941 | €2,599 | -€342 | -11.6% |
| Current assets | 29/58 | €26,053 | €36,926 | +€10,873 | +41.7% |
| Amounts receivable within one year | 40/41 | €5,484 | €427 | -€5,056 | -92.2% |
| Other amounts receivable | 41 | €5,484 | €427 | -€5,056 | -92.2% |
| Cash at bank and in hand | 54/58 | €15,008 | €31,679 | +€16,672 | +111% |
| Deferred charges and accrued income | 490/1 | €5,562 | €4,820 | -€742 | -13.3% |
| Total equity and liabilities | 10/49 | €28,994 | €40,157 | +€11,163 | +38.5% |
| Equity | 10/15 | €15,147 | €22,414 | +€7,267 | +48.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,147 | €20,414 | +€7,267 | +55.3% |
| Amounts payable | 17/49 | €13,847 | €17,743 | +€3,896 | +28.1% |
| Amounts payable within one year | 42/48 | €12,947 | €16,843 | +€3,896 | +30.1% |
| Trade debts | 44 | €282 | €1,404 | +€1,122 | +398% |
| Suppliers | 440/4 | €282 | €1,404 | +€1,122 | +398% |
| Taxes, remuneration and social security | 45 | €900 | €900 | = | 0.0% |
| Taxes | 450/3 | €900 | €900 | = | 0.0% |
| Other amounts payable | 47/48 | €11,765 | €14,539 | +€2,775 | +23.6% |
| Accrued charges and deferred income | 492/3 | €900 | €900 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €805 | €500 | -€305 | -37.9% |
| Other operating charges | 640/8 | €778 | €1,229 | +€450 | +57.8% |
| Gross operating margin | 9900 | €20,846 | €32,956 | +€12,109 | +58.1% |
| Operating profit (loss) | 9901 | €19,263 | €31,227 | +€11,964 | +62.1% |
| Financial income | 75/76B | €470 | €42 | -€428 | -91.1% |
| Recurring financial income | 75 | €470 | €42 | -€428 | -91.1% |
| Financial charges | 65/66B | €381 | €312 | -€69 | -18.2% |
| Recurring financial charges | 65 | €381 | €312 | -€69 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €19,353 | €30,957 | +€11,605 | +60.0% |
| Income taxes | 67/77 | €5,321 | €9,573 | +€4,252 | +79.9% |
| Profit (loss) for the period | 9904 | €14,032 | €21,384 | +€7,353 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,032 | €21,384 | +€7,353 | +52.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.