RA Consultancy: 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.
RA Consultancy
Largest movements
- Cash +€73,187
up €73,187 (+134.3%), from €54,509 to €127,696
mainly Net result for the year (+€101,438) and Tax, wage and social debts (+€14,617)
- Current investments +€37,049
up €37,049 (+300.4%), from €12,332 to €49,380
- Receivables within one year +€5,948
up €5,948 (+6.4%), from €92,955 to €98,903
of which Other amounts receivable: +€67,830
- Profit (loss) carried forward +€101,438
up €101,438 (+82.3%), from €123,193 to €224,631
- Tax, wage and social debts +€14,617
up €14,617 (+39.3%), from €37,220 to €51,837
- Gross operating margin +€19,373
up €19,373 (+17.9%), from €108,436 to €127,810
- Taxes +€5,982
up €5,982 (+27.3%), from €21,888 to €27,870
- Financial income +€3,140
up €3,140 (+1140.8%), from €275 to €3,415
- Other operating charges -€2,048
down €2,048 (-64.0%), from €3,198 to €1,150
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 | €161,774 | €277,498 | +€115,724 | +71.5% |
| Fixed assets | 21/28 | - | €1,003 | +€1,003 | |
| Tangible fixed assets | 22/27 | - | €1,003 | +€1,003 | |
| Furniture and vehicles | 24 | - | €1,003 | +€1,003 | |
| Current assets | 29/58 | €161,774 | €276,495 | +€114,721 | +70.9% |
| Amounts receivable within one year | 40/41 | €92,955 | €98,903 | +€5,948 | +6.4% |
| Trade receivables | 40 | €75,502 | €13,620 | -€61,882 | -82.0% |
| Other amounts receivable | 41 | €17,453 | €85,283 | +€67,830 | +388.6% |
| Current investments | 50/53 | €12,332 | €49,380 | +€37,049 | +300.4% |
| Cash at bank and in hand | 54/58 | €54,509 | €127,696 | +€73,187 | +134.3% |
| Deferred charges and accrued income | 490/1 | €1,979 | €516 | -€1,463 | -73.9% |
| Total equity and liabilities | 10/49 | €161,774 | €277,498 | +€115,724 | +71.5% |
| Equity | 10/15 | €124,193 | €225,631 | +€101,438 | +81.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,193 | €224,631 | +€101,438 | +82.3% |
| Amounts payable | 17/49 | €37,581 | €51,867 | +€14,285 | +38.0% |
| Amounts payable within one year | 42/48 | €37,581 | €51,867 | +€14,285 | +38.0% |
| Trade debts | 44 | €361 | €30 | -€331 | -91.7% |
| Suppliers | 440/4 | €361 | €30 | -€331 | -91.7% |
| Taxes, remuneration and social security | 45 | €37,220 | €51,837 | +€14,617 | +39.3% |
| Taxes | 450/3 | €37,220 | €51,837 | +€14,617 | +39.3% |
| Non-recurring operating income | 76A | - | €49,774 | +€49,774 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €144 | +€144 | |
| Other operating charges | 640/8 | €3,198 | €1,150 | -€2,048 | -64.0% |
| Gross operating margin | 9900 | €108,436 | €127,810 | +€19,373 | +17.9% |
| Operating profit (loss) | 9901 | €105,238 | €126,515 | +€21,277 | +20.2% |
| Financial income | 75/76B | €275 | €3,415 | +€3,140 | +1140.8% |
| Recurring financial income | 75 | €275 | €3,415 | +€3,140 | +1140.8% |
| Financial charges | 65/66B | €196 | €622 | +€425 | +216.7% |
| Recurring financial charges | 65 | €196 | €622 | +€425 | +216.7% |
| Profit (loss) for the period before taxes | 9903 | €105,317 | €129,308 | +€23,991 | +22.8% |
| Income taxes | 67/77 | €21,888 | €27,870 | +€5,982 | +27.3% |
| Profit (loss) for the period | 9904 | €83,429 | €101,438 | +€18,009 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €83,429 | €101,438 | +€18,009 | +21.6% |
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 2 October 2026 via checked.be.