LE RAIDILLON: 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.
LE RAIDILLON
Largest movements
- Receivables within one year +€4,756
up €4,756 (+4.7%), from €101,361 to €106,117
of which Trade receivables: +€8,948
- Tangible fixed assets -€4,746
down €4,746 (-24.2%), from €19,612 to €14,867
of which Furniture and vehicles: -€3,044
- Trade debts +€23,873
up €23,873 (+38.8%), from €61,584 to €85,457
- Reserves -€18,000
down €18,000 (-42.9%), from €42,000 to €24,000
- Tax, wage and social debts -€5,356
down €5,356 (-44.5%), from €12,024 to €6,668
of which Remuneration and social security: -€3,985
- Staff costs +€33,924
up €33,924 (+32.9%), from €103,183 to €137,107
- Turnover +€19,079
up €19,079 (+4.5%), from €427,638 to €446,717
- Purchases and services +€12,830
up €12,830 (+4.7%), from €273,479 to €286,309
- Write-downs +€10,000
new in 2025: €10,000
- Gross operating margin +€6,249
up €6,249 (+4.1%), from €154,160 to €160,409
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €238,147 | €239,489 | +€1,342 | +0.6% |
| Fixed assets | 21/28 | €24,833 | €20,087 | -€4,746 | -19.1% |
| Tangible fixed assets | 22/27 | €19,612 | €14,867 | -€4,746 | -24.2% |
| Furniture and vehicles | 24 | €11,705 | €8,661 | -€3,044 | -26.0% |
| Other tangible fixed assets | 26 | €7,907 | €6,205 | -€1,702 | -21.5% |
| Financial fixed assets | 28 | €5,221 | €5,221 | = | 0.0% |
| Current assets | 29/58 | €213,314 | €219,402 | +€6,088 | +2.9% |
| Stocks and contracts in progress | 3 | €107,569 | €105,569 | -€2,000 | -1.9% |
| Stocks | 30/36 | €107,569 | €105,569 | -€2,000 | -1.9% |
| Amounts receivable within one year | 40/41 | €101,361 | €106,117 | +€4,756 | +4.7% |
| Trade receivables | 40 | €97,165 | €106,113 | +€8,948 | +9.2% |
| Other amounts receivable | 41 | €4,196 | €4 | -€4,192 | -99.9% |
| Cash at bank and in hand | 54/58 | €3,900 | €6,258 | +€2,358 | +60.5% |
| Deferred charges and accrued income | 490/1 | €485 | €1,458 | +€973 | +200.8% |
| Total equity and liabilities | 10/49 | €238,147 | €239,489 | +€1,342 | +0.6% |
| Equity | 10/15 | €125,572 | €107,555 | -€18,017 | -14.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €42,000 | €24,000 | -€18,000 | -42.9% |
| Distributable reserves | 133 | €42,000 | €24,000 | -€18,000 | -42.9% |
| Profit (loss) carried forward | 14 | €63,572 | €63,555 | -€17 | 0.0% |
| Amounts payable | 17/49 | €112,575 | €131,934 | +€19,359 | +17.2% |
| Amounts payable within one year | 42/48 | €112,575 | €131,934 | +€19,359 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €3,992 | €3,964 | -€28 | -0.7% |
| Trade debts | 44 | €61,584 | €85,457 | +€23,873 | +38.8% |
| Suppliers | 440/4 | €61,584 | €85,457 | +€23,873 | +38.8% |
| Taxes, remuneration and social security | 45 | €12,024 | €6,668 | -€5,356 | -44.5% |
| Taxes | 450/3 | €3,046 | €1,674 | -€1,372 | -45.0% |
| Remuneration and social security | 454/9 | €8,978 | €4,994 | -€3,985 | -44.4% |
| Other amounts payable | 47/48 | €34,976 | €35,846 | +€870 | +2.5% |
| Turnover | 70 | €427,638 | €446,717 | +€19,079 | +4.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €273,479 | €286,309 | +€12,830 | +4.7% |
| Remuneration, social security and pensions | 62 | €103,183 | €137,107 | +€33,924 | +32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,033 | €7,467 | +€2,434 | +48.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,000 | +€10,000 | |
| Other operating charges | 640/8 | €1,777 | €1,570 | -€207 | -11.7% |
| Gross operating margin | 9900 | €154,160 | €160,409 | +€6,249 | +4.1% |
| Operating profit (loss) | 9901 | €44,167 | €4,265 | -€39,902 | -90.3% |
| Financial income | 75/76B | €14 | €4 | -€10 | -72.6% |
| Recurring financial income | 75 | €14 | €4 | -€10 | -72.6% |
| Financial charges | 65/66B | €891 | €841 | -€51 | -5.7% |
| Recurring financial charges | 65 | €891 | €841 | -€51 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €43,290 | €3,428 | -€39,861 | -92.1% |
| Income taxes | 67/77 | €4,025 | €3,445 | -€580 | -14.4% |
| Profit (loss) for the period | 9904 | €39,264 | -€17 | -€39,281 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,264 | -€17 | -€39,281 |
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 4 October 2026 via checked.be.