LES RATONS: 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.
LES RATONS
Largest movements
- Tangible fixed assets +€274,566
up €274,566 (+86745.1%), from €317 to €274,882
of which Land and buildings: +€274,882
- Cash +€5,006
up €5,006 (+23678.5%), from €21 to €5,027
mainly Debts after one year (+€238,543) and Other debts (+€79,756)
- Debts after one year +€238,543
new in 2025: €238,543
- Other debts +€79,756
up €79,756 (+635.0%), from €12,559 to €92,316
- Profit (loss) carried forward -€57,103
down €57,103 (-280.8%), from -€20,333 to -€77,436
- Current portion of long-term debt +€11,457
new in 2025: €11,457
- Trade debts +€8,454
up €8,454 (+151.4%), from €5,584 to €14,038
- Depreciation +€38,290
up €38,290 (+8840.9%), from €433 to €38,723
- Gross operating margin -€15,421
down €15,421 (-6098.7%), from -€253 to -€15,673
- Taxes +€1,063
up €1,063, from €0 to €1,063
- Other operating charges +€909
up €909 (+220.5%), from €412 to €1,321
- Financial charges +€398
up €398 (+11364.9%), from €4 to €401
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 | €2,203 | €282,981 | +€280,778 | +12743.2% |
| Fixed assets | 21/28 | €317 | €274,882 | +€274,566 | +86745.1% |
| Tangible fixed assets | 22/27 | €317 | €274,882 | +€274,566 | +86745.1% |
| Land and buildings | 22 | - | €274,882 | +€274,882 | |
| Plant, machinery and equipment | 23 | €291 | €0 | -€291 | -100.0% |
| Furniture and vehicles | 24 | €26 | €0 | -€26 | -100.0% |
| Current assets | 29/58 | €1,887 | €8,099 | +€6,212 | +329.2% |
| Amounts receivable within one year | 40/41 | €1,866 | €3,072 | +€1,207 | +64.7% |
| Trade receivables | 40 | €1,549 | €0 | -€1,549 | -100.0% |
| Other amounts receivable | 41 | €317 | €3,072 | +€2,756 | +870.3% |
| Cash at bank and in hand | 54/58 | €21 | €5,027 | +€5,006 | +23678.5% |
| Total equity and liabilities | 10/49 | €2,203 | €282,981 | +€280,778 | +12743.2% |
| Equity | 10/15 | -€17,333 | -€74,436 | -€57,103 | -329.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,333 | -€77,436 | -€57,103 | -280.8% |
| Amounts payable | 17/49 | €19,536 | €357,417 | +€337,881 | +1729.5% |
| Amounts payable after more than one year | 17 | - | €238,543 | +€238,543 | |
| Financial debts | 170/4 | - | €238,543 | +€238,543 | |
| Amounts payable within one year | 42/48 | €19,536 | €117,811 | +€98,275 | +503.0% |
| Current portion of amounts payable after more than one year | 42 | - | €11,457 | +€11,457 | |
| Trade debts | 44 | €5,584 | €14,038 | +€8,454 | +151.4% |
| Suppliers | 440/4 | €5,584 | €14,038 | +€8,454 | +151.4% |
| Taxes, remuneration and social security | 45 | €1,393 | €0 | -€1,393 | -100.0% |
| Taxes | 450/3 | €1,393 | €0 | -€1,393 | -100.0% |
| Other amounts payable | 47/48 | €12,559 | €92,316 | +€79,756 | +635.0% |
| Accrued charges and deferred income | 492/3 | - | €1,063 | +€1,063 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €433 | €38,723 | +€38,290 | +8840.9% |
| Other operating charges | 640/8 | €412 | €1,321 | +€909 | +220.5% |
| Gross operating margin | 9900 | -€253 | -€15,673 | -€15,421 | -6098.7% |
| Operating profit (loss) | 9901 | -€1,098 | -€55,718 | -€54,619 | -4973.1% |
| Financial charges | 65/66B | €4 | €401 | +€398 | +11364.9% |
| Recurring financial charges | 65 | €4 | €401 | +€398 | +11364.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,102 | -€56,119 | -€55,017 | -4993.4% |
| Income taxes | 67/77 | €0 | €1,063 | +€1,063 | |
| Profit (loss) for the period | 9904 | -€1,102 | -€57,182 | -€56,080 | -5089.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,102 | -€57,182 | -€56,080 | -5089.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.