RAAG GROUP: 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.
RAAG GROUP
Largest movements
- Receivables within one year +€2,760
new in 2024: €2,760
- Cash +€2,118
up €2,118 (+849.6%), from €249 to €2,367
mainly Net result for the year (+€6,531) and Depreciation (+€37)
- Tangible fixed assets +€1,414
new in 2024: €1,414
- Profit (loss) carried forward +€6,531
up €6,531 (+79.5%), from -€8,218 to -€1,687
- Other debts -€240
down €240 (-3.4%), from €6,967 to €6,727
- Turnover +€18,879
new in 2024: €18,879
- Gross operating margin +€13,128
up €13,128, from -€541 to €12,588
- Purchases and services +€12,495
new in 2024: €12,495
- Financial charges +€5,772
up €5,772 (+3421.8%), from €169 to €5,941
of which Non-recurring financial charges: +€5,700
- Other operating charges -€356
down €356 (-75.1%), from €474 to €118
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €249 | €6,541 | +€6,291 | +2523.7% |
| Fixed assets | 21/28 | - | €1,414 | +€1,414 | |
| Tangible fixed assets | 22/27 | - | €1,414 | +€1,414 | |
| Plant, machinery and equipment | 23 | - | €1,414 | +€1,414 | |
| Current assets | 29/58 | €249 | €5,127 | +€4,878 | +1956.7% |
| Amounts receivable within one year | 40/41 | - | €2,760 | +€2,760 | |
| Other amounts receivable | 41 | - | €2,760 | +€2,760 | |
| Cash at bank and in hand | 54/58 | €249 | €2,367 | +€2,118 | +849.6% |
| Total equity and liabilities | 10/49 | €249 | €6,541 | +€6,291 | +2523.7% |
| Equity | 10/15 | -€6,718 | -€187 | +€6,531 | +97.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,218 | -€1,687 | +€6,531 | +79.5% |
| Amounts payable | 17/49 | €6,967 | €6,727 | -€240 | -3.4% |
| Amounts payable within one year | 42/48 | €6,967 | €6,727 | -€240 | -3.4% |
| Other amounts payable | 47/48 | €6,967 | €6,727 | -€240 | -3.4% |
| Turnover | 70 | - | €18,879 | +€18,879 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €12,495 | +€12,495 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €37 | +€37 | |
| Other operating charges | 640/8 | €474 | €118 | -€356 | -75.1% |
| Gross operating margin | 9900 | -€541 | €12,588 | +€13,128 | |
| Operating profit (loss) | 9901 | -€1,014 | €12,433 | +€13,447 | |
| Financial income | 75/76B | €4 | €54 | +€50 | +1362.7% |
| Recurring financial income | 75 | €4 | €54 | +€50 | +1362.7% |
| Financial charges | 65/66B | €169 | €5,941 | +€5,772 | +3421.8% |
| Recurring financial charges | 65 | €169 | €241 | +€72 | +42.8% |
| Non-recurring financial charges | 66B | - | €5,700 | +€5,700 | |
| Profit (loss) for the period before taxes | 9903 | -€1,179 | €6,545 | +€7,725 | |
| Income taxes | 67/77 | €1 | €14 | +€13 | +1172.7% |
| Profit (loss) for the period | 9904 | -€1,180 | €6,531 | +€7,712 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,180 | €6,531 | +€7,712 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.