RABERO: 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.
RABERO
Largest movements
- Receivables within one year +€73,521
up €73,521 (+311.3%), from €23,614 to €97,135
of which Trade receivables: +€42,860
- Current investments -€27,260
down €27,260 (-82.8%), from €32,909 to €5,649
- Tangible fixed assets +€5,653
up €5,653 (+604.0%), from €936 to €6,589
- Deferred charges and accrued income -€2,062
down €2,062 (-22.1%), from €9,321 to €7,259
- Other debts +€44,071
new in 2025: €44,071
- Profit (loss) carried forward -€19,837
down €19,837 (-100.0%), from €19,837 to €0
- Contributions +€15,000
new in 2025: €15,000
- Accrued charges and deferred income +€14,969
up €14,969 (+125.2%), from €11,960 to €26,929
- Tax, wage and social debts -€2,819
down €2,819 (-35.9%), from €7,850 to €5,030
- Gross operating margin -€3,427
down €3,427 (-9.7%), from €35,232 to €31,806
- Taxes -€3,114
down €3,114 (-40.7%), from €7,644 to €4,530
- Purchases and services +€2,605
up €2,605 (+2.1%), from €123,126 to €125,731
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,780 | €116,632 | +€49,852 | +74.7% |
| Fixed assets | 21/28 | €936 | €6,589 | +€5,653 | +604.0% |
| Tangible fixed assets | 22/27 | €936 | €6,589 | +€5,653 | +604.0% |
| Furniture and vehicles | 24 | €936 | €6,589 | +€5,653 | +604.0% |
| Current assets | 29/58 | €65,845 | €110,043 | +€44,199 | +67.1% |
| Amounts receivable within one year | 40/41 | €23,614 | €97,135 | +€73,521 | +311.3% |
| Trade receivables | 40 | €13,164 | €56,024 | +€42,860 | +325.6% |
| Other amounts receivable | 41 | €10,451 | €41,112 | +€30,661 | +293.4% |
| Current investments | 50/53 | €32,909 | €5,649 | -€27,260 | -82.8% |
| Deferred charges and accrued income | 490/1 | €9,321 | €7,259 | -€2,062 | -22.1% |
| Total equity and liabilities | 10/49 | €66,780 | €116,632 | +€49,852 | +74.7% |
| Equity | 10/15 | €43,837 | €39,000 | -€4,837 | -11.0% |
| Contributions | 10/11 | - | €15,000 | +€15,000 | |
| Reserves | 13 | €24,000 | €24,000 | = | 0.0% |
| Distributable reserves | 133 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,837 | €0 | -€19,837 | -100.0% |
| Amounts payable | 17/49 | €22,944 | €77,632 | +€54,689 | +238.4% |
| Amounts payable within one year | 42/48 | €10,984 | €50,704 | +€39,720 | +361.6% |
| Trade debts | 44 | €3,134 | €1,602 | -€1,532 | -48.9% |
| Suppliers | 440/4 | €3,134 | €1,602 | -€1,532 | -48.9% |
| Taxes, remuneration and social security | 45 | €7,850 | €5,030 | -€2,819 | -35.9% |
| Taxes | 450/3 | €7,850 | €5,030 | -€2,819 | -35.9% |
| Other amounts payable | 47/48 | - | €44,071 | +€44,071 | |
| Accrued charges and deferred income | 492/3 | €11,960 | €26,929 | +€14,969 | +125.2% |
| Turnover | 70 | €158,358 | €157,537 | -€821 | -0.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €123,126 | €125,731 | +€2,605 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €619 | €1,861 | +€1,242 | +200.6% |
| Other operating charges | 640/8 | €362 | €983 | +€621 | +171.3% |
| Gross operating margin | 9900 | €35,232 | €31,806 | -€3,427 | -9.7% |
| Operating profit (loss) | 9901 | €34,251 | €28,962 | -€5,289 | -15.4% |
| Financial charges | 65/66B | €290 | €198 | -€92 | -31.8% |
| Recurring financial charges | 65 | €290 | €198 | -€92 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €33,961 | €28,764 | -€5,197 | -15.3% |
| Income taxes | 67/77 | €7,644 | €4,530 | -€3,114 | -40.7% |
| Profit (loss) for the period | 9904 | €26,317 | €24,234 | -€2,083 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,317 | €24,234 | -€2,083 | -7.9% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.