DE RAS: what changed
Two fiscal 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.
What changed
DE RAS
NACE 96.301, Funeral services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€98,541
2024 · €57,063+€41,478
Equity
€644,024
2024 · €545,483+€98,541
Cash
€210,303
2024 · €166,210+€44,093
Balance sheet total
€2.3m
2024 · €2.3m-€28,487
Largest movements
Assets
- Tangible fixed assets -€86,021
down €86,021 (-4.2%), from €2.0m to €2.0m
of which Land and buildings: -€61,173
- Cash +€44,093
up €44,093 (+26.5%), from €166,210 to €210,303
mainly Depreciation (+€157,394) and Net result for the year (+€98,541)
Equity and liabilities
- Debts after one year -€107,245
down €107,245 (-9.8%), from €1.1m to €986,078
- Profit (loss) carried forward +€98,541
up €98,541 (+28.0%), from -€351,870 to -€253,329
- Other debts +€28,459
up €28,459 (+7.5%), from €377,507 to €405,966
Income statement
- Gross operating margin +€34,902
up €34,902 (+4.8%), from €733,148 to €768,051
- Staff costs +€18,589
up €18,589 (+4.5%), from €410,689 to €429,278
- Depreciation -€12,859
down €12,859 (-7.6%), from €170,253 to €157,394
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.
Result 2024
€57,063
Gross operating margin
+€34,902
Staff costs
-€18,589
Depreciation
+€12,859
Other operating charges
+€3,386
Financial income
+€1,900
Financial charges
+€6,694
Taxes
+€326
Result 2025
€98,541
Cash bridge derived
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.
From operations
+€234,065
Investment
-€71,584
Financing
-€118,388
Cash 2024
€166,210
From operations (derived)
+€234,065
Net result for the year
+€98,541
Depreciation
+€157,394
Receivables after one year
+€5,000
Stocks and contracts
+€603
Receivables within one year
-€16,650
Deferred charges and accrued income
-€2,183
Trade debts
-€19,475
Tax, wage and social debts
+€2,288
Other debts
+€28,459
Accrued charges and deferred income
-€19,912
Investment (derived)
-€71,584
Investment in fixed assets (net)
-€71,584
Financing
-€118,388
Debts after one year
-€107,245
Current portion of long-term debt
-€11,143
Cash 2025
€210,303
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,314,691 | €2,286,204 | -€28,487 | -1.2% |
| Fixed assets | 21/28 | €2,038,541 | €1,952,731 | -€85,810 | -4.2% |
| Tangible fixed assets | 22/27 | €2,038,165 | €1,952,144 | -€86,021 | -4.2% |
| Land and buildings | 22 | €1,811,885 | €1,750,712 | -€61,173 | -3.4% |
| Plant, machinery and equipment | 23 | €28,554 | €28,198 | -€356 | -1.2% |
| Furniture and vehicles | 24 | €197,726 | €173,234 | -€24,492 | -12.4% |
| Financial fixed assets | 28 | €376 | €587 | +€211 | +56.0% |
| Current assets | 29/58 | €276,150 | €333,473 | +€57,323 | +20.8% |
| Amounts receivable after more than one year | 29 | €32,559 | €27,559 | -€5,000 | -15.4% |
| Other amounts receivable | 291 | €32,559 | €27,559 | -€5,000 | -15.4% |
| Stocks and contracts in progress | 3 | €6,424 | €5,821 | -€603 | -9.4% |
| Stocks | 30/36 | €6,424 | €5,821 | -€603 | -9.4% |
| Amounts receivable within one year | 40/41 | €66,964 | €83,613 | +€16,650 | +24.9% |
| Trade receivables | 40 | €66,810 | €83,524 | +€16,714 | +25.0% |
| Other amounts receivable | 41 | €154 | €89 | -€65 | -42.0% |
| Cash at bank and in hand | 54/58 | €166,210 | €210,303 | +€44,093 | +26.5% |
| Deferred charges and accrued income | 490/1 | €3,994 | €6,177 | +€2,183 | +54.7% |
| Total equity and liabilities | 10/49 | €2,314,691 | €2,286,204 | -€28,487 | -1.2% |
| Equity | 10/15 | €545,483 | €644,024 | +€98,541 | +18.1% |
| Contributions | 10/11 | €756,000 | €756,000 | = | 0.0% |
| Reserves | 13 | €141,353 | €141,353 | = | 0.0% |
| Distributable reserves | 133 | €141,353 | €141,353 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€351,870 | -€253,329 | +€98,541 | +28.0% |
| Amounts payable | 17/49 | €1,769,208 | €1,642,180 | -€127,028 | -7.2% |
| Amounts payable after more than one year | 17 | €1,093,323 | €986,078 | -€107,245 | -9.8% |
| Financial debts | 170/4 | €1,093,323 | €986,078 | -€107,245 | -9.8% |
| Amounts payable within one year | 42/48 | €655,974 | €656,102 | +€129 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €157,601 | €146,458 | -€11,143 | -7.1% |
| Trade debts | 44 | €47,599 | €28,124 | -€19,475 | -40.9% |
| Suppliers | 440/4 | €47,599 | €28,124 | -€19,475 | -40.9% |
| Taxes, remuneration and social security | 45 | €73,267 | €75,555 | +€2,288 | +3.1% |
| Taxes | 450/3 | €16,005 | €15,675 | -€331 | -2.1% |
| Remuneration and social security | 454/9 | €57,261 | €59,880 | +€2,619 | +4.6% |
| Other amounts payable | 47/48 | €377,507 | €405,966 | +€28,459 | +7.5% |
| Accrued charges and deferred income | 492/3 | €19,912 | €0 | -€19,912 | -100.0% |
| Non-recurring operating income | 76A | €11,143 | €3,306 | -€7,838 | -70.3% |
| Remuneration, social security and pensions | 62 | €410,689 | €429,278 | +€18,589 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,253 | €157,394 | -€12,859 | -7.6% |
| Other operating charges | 640/8 | €22,496 | €19,110 | -€3,386 | -15.1% |
| Gross operating margin | 9900 | €733,148 | €768,051 | +€34,902 | +4.8% |
| Operating profit (loss) | 9901 | €129,710 | €162,268 | +€32,558 | +25.1% |
| Financial income | 75/76B | €228 | €2,128 | +€1,900 | +831.5% |
| Recurring financial income | 75 | €228 | €2,128 | +€1,900 | +831.5% |
| Financial charges | 65/66B | €72,173 | €65,479 | -€6,694 | -9.3% |
| Recurring financial charges | 65 | €72,173 | €65,479 | -€6,694 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €57,765 | €98,917 | +€41,152 | +71.2% |
| Income taxes | 67/77 | €702 | €376 | -€326 | -46.4% |
| Profit (loss) for the period | 9904 | €57,063 | €98,541 | +€41,478 | +72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €57,063 | €98,541 | +€41,478 | +72.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.