RA Law: what changed
Two financial 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 Law
Largest movements
- Cash +€22,451
up €22,451 (+350%), from €6,414 to €28,866
mainly Net result for the year (+€29,117) and Other debts (+€6,641)
- Receivables within one year +€7,497
up €7,497 (+145%), from €5,178 to €12,676
of which Trade receivables: +€5,707
- Deferred charges and accrued income -€4,692
down €4,692 (-95.5%), from €4,914 to €222
- Tangible fixed assets -€1,345
down €1,345 (-32.9%), from €4,090 to €2,745
- Profit (loss) carried forward +€11,417
up €11,417 (+217%), from €5,254 to €16,671
- Other debts +€6,641
up €6,641 (+773%), from €859 to €7,500
- Reserves +€5,000
up €5,000 (+227%), from €2,200 to €7,200
- Tax, wage and social debts +€3,113
up €3,113 (+35.5%), from €8,765 to €11,879
of which Taxes: +€4,513
- Accrued charges and deferred income -€1,975
no longer reported in 2025 (was €1,975)
- Gross operating margin +€32,114
up €32,114 (+364%), from €8,817 to €40,931
- Taxes +€6,498
up €6,498 (+237%), from €2,742 to €9,240
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.
Derived cash bridge
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 | €20,597 | €44,508 | +€23,912 | +116% |
| Fixed assets | 21/28 | €4,090 | €2,745 | -€1,345 | -32.9% |
| Tangible fixed assets | 22/27 | €4,090 | €2,745 | -€1,345 | -32.9% |
| Furniture and vehicles | 24 | €4,090 | €2,745 | -€1,345 | -32.9% |
| Current assets | 29/58 | €16,507 | €41,763 | +€25,256 | +153% |
| Amounts receivable within one year | 40/41 | €5,178 | €12,676 | +€7,497 | +145% |
| Trade receivables | 40 | €2,434 | €8,141 | +€5,707 | +234% |
| Other amounts receivable | 41 | €2,744 | €4,535 | +€1,790 | +65.2% |
| Cash at bank and in hand | 54/58 | €6,414 | €28,866 | +€22,451 | +350% |
| Deferred charges and accrued income | 490/1 | €4,914 | €222 | -€4,692 | -95.5% |
| Total equity and liabilities | 10/49 | €20,597 | €44,508 | +€23,912 | +116% |
| Equity | 10/15 | €7,954 | €24,371 | +€16,417 | +206% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €2,200 | €7,200 | +€5,000 | +227% |
| Distributable reserves | 133 | €2,200 | €7,200 | +€5,000 | +227% |
| Profit (loss) carried forward | 14 | €5,254 | €16,671 | +€11,417 | +217% |
| Amounts payable | 17/49 | €12,642 | €20,137 | +€7,495 | +59.3% |
| Amounts payable within one year | 42/48 | €10,667 | €20,137 | +€9,470 | +88.8% |
| Current portion of amounts payable after more than one year | 42 | €573 | - | -€573 | |
| Trade debts | 44 | €470 | €758 | +€288 | +61.3% |
| Suppliers | 440/4 | €470 | €758 | +€288 | +61.3% |
| Taxes, remuneration and social security | 45 | €8,765 | €11,879 | +€3,113 | +35.5% |
| Taxes | 450/3 | €6,076 | €10,589 | +€4,513 | +74.3% |
| Remuneration and social security | 454/9 | €2,690 | €1,290 | -€1,400 | -52.0% |
| Other amounts payable | 47/48 | €859 | €7,500 | +€6,641 | +773% |
| Accrued charges and deferred income | 492/3 | €1,975 | - | -€1,975 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,163 | €1,345 | +€181 | +15.6% |
| Other operating charges | 640/8 | €1,067 | €722 | -€345 | -32.4% |
| Gross operating margin | 9900 | €8,817 | €40,931 | +€32,114 | +364% |
| Operating profit (loss) | 9901 | €6,586 | €38,864 | +€32,278 | +490% |
| Financial income | 75/76B | €146 | €162 | +€16 | +10.8% |
| Recurring financial income | 75 | €146 | €162 | +€16 | +10.8% |
| Financial charges | 65/66B | €788 | €670 | -€118 | -15.0% |
| Recurring financial charges | 65 | €788 | €670 | -€118 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €5,945 | €38,357 | +€32,412 | +545% |
| Income taxes | 67/77 | €2,742 | €9,240 | +€6,498 | +237% |
| Profit (loss) for the period | 9904 | €3,204 | €29,117 | +€25,913 | +809% |
| Profit (loss) for the period to be appropriated | 9905 | €3,204 | €29,117 | +€25,913 | +809% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.