RAANESSA: 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.
RAANESSA
Largest movements
- Receivables within one year -€6,203
down €6,203 (-100%), from €6,203 to €0
- Cash +€263
up €263 (+2.8%), from €9,411 to €9,675
mainly Net result for the year (+€275,343) and Other debts (+€15,007)
- Debts after one year -€285,782
down €285,782 (-1.6%), from €18.1m to €17.8m
- Profit (loss) carried forward +€275,343
up €275,343 (+1.5%), from -€18.1m to -€17.8m
- Other debts +€15,007
new in 2025: €15,007
- Trade debts -€10,508
down €10,508 (-87.3%), from €12,033 to €1,525
- Financial income +€285,551
up €285,551, from €0 to €285,551
- Financial charges -€4,620
down €4,620 (-99.0%), from €4,666 to €46
- Gross operating margin +€2,391
up €2,391 (+19.9%), from -€12,033 to -€9,642
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 | €22,361 | €16,422 | -€5,940 | -26.6% |
| Fixed assets | 21/28 | €6,712 | €6,712 | = | 0.0% |
| Financial fixed assets | 28 | €6,712 | €6,712 | = | 0.0% |
| Current assets | 29/58 | €15,649 | €9,710 | -€5,940 | -38.0% |
| Amounts receivable within one year | 40/41 | €6,203 | €0 | -€6,203 | -100% |
| Other amounts receivable | 41 | €6,203 | €0 | -€6,203 | -100% |
| Current investments | 50/53 | €35 | €35 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,411 | €9,675 | +€263 | +2.8% |
| Total equity and liabilities | 10/49 | €22,361 | €16,422 | -€5,940 | -26.6% |
| Equity | 10/15 | -€18,051,515 | -€17,776,171 | +€275,343 | +1.5% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,058,015 | -€17,782,671 | +€275,343 | +1.5% |
| Amounts payable | 17/49 | €18,073,876 | €17,792,593 | -€281,283 | -1.6% |
| Amounts payable after more than one year | 17 | €18,061,843 | €17,776,061 | -€285,782 | -1.6% |
| Financial debts | 170/4 | €18,061,843 | €17,776,061 | -€285,782 | -1.6% |
| Amounts payable within one year | 42/48 | €12,033 | €16,532 | +€4,499 | +37.4% |
| Trade debts | 44 | €12,033 | €1,525 | -€10,508 | -87.3% |
| Suppliers | 440/4 | €12,033 | €1,525 | -€10,508 | -87.3% |
| Other amounts payable | 47/48 | - | €15,007 | +€15,007 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€12,033 | -€9,642 | +€2,391 | +19.9% |
| Operating profit (loss) | 9901 | -€12,538 | -€10,162 | +€2,376 | +19.0% |
| Financial income | 75/76B | €0 | €285,551 | +€285,551 | |
| Recurring financial income | 75 | €0 | €285,551 | +€285,551 | |
| Financial charges | 65/66B | €4,666 | €46 | -€4,620 | -99.0% |
| Recurring financial charges | 65 | €4,666 | €46 | -€4,620 | -99.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,204 | €275,343 | +€292,547 | |
| Profit (loss) for the period | 9904 | -€17,204 | €275,343 | +€292,547 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,204 | €275,343 | +€292,547 |
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 24 October 2026 via checked.be.