RABOTAT: 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.
What changed
RABOTAT
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€83,835
2024 · €1.5m-€1.4m
Equity
€2.3m
2024 · €2.3m-€9,615
Cash
€196,314
2024 · €1.7m-€1.5m
Balance sheet total
€3.4m
2024 · €3.4m+€4,884
Largest movements
Assets
- Cash -€1.5m
down €1.5m (-88.7%), from €1.7m to €196,314
mainly Current investments (-€1.5m) and Investment in fixed assets (net) (-€111,709)
- Current investments +€1.5m
new in 2025: €1.5m
- Receivables after one year +€53,563
new in 2025: €53,563
Equity and liabilities
- Other debts +€83,133
up €83,133 (+242.3%), from €34,317 to €117,450
- Debts after one year -€59,395
down €59,395 (-7.4%), from €801,242 to €741,848
of which Financial debts: -€59,395
Income statement
- Gross operating margin -€2.0m
down €2.0m (-90.0%), from €2.3m to €226,518
- Taxes -€649,825
down €649,825 (-93.9%), from €692,030 to €42,206
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.
Result 2024
€1.5m
Gross operating margin
-€2.0m
Depreciation
-€7,165
Other operating charges
-€206
Financial income
+€14,960
Financial charges
-€1,085
Taxes
+€649,825
Result 2025
€83,835
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.
From operations
+€228,944
Investment
-€1.6m
Financing
-€152,318
Cash 2024
€1.7m
From operations (derived)
+€228,944
Net result for the year
+€83,835
Depreciation
+€100,184
Receivables after one year
-€53,563
Receivables within one year
+€27,921
Smaller working-capital items
-€6,259
Tax, wage and social debts
-€6,307
Other debts
+€83,133
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€111,709
Current investments
-€1.5m
Financing
-€152,318
Debts after one year
-€59,395
Current portion of long-term debt
+€593
Short-term financial debts
-€66
Contributions, distributions and other
-€93,450
Cash 2025
€196,314
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,386,111 | €3,390,996 | +€4,884 | +0.1% |
| Fixed assets | 21/28 | €1,524,241 | €1,535,766 | +€11,525 | +0.8% |
| Tangible fixed assets | 22/27 | €1,524,021 | €1,535,666 | +€11,645 | +0.8% |
| Land and buildings | 22 | €1,498,154 | €1,514,607 | +€16,453 | +1.1% |
| Furniture and vehicles | 24 | €15,466 | €11,036 | -€4,429 | -28.6% |
| Other tangible fixed assets | 26 | €10,401 | €10,022 | -€379 | -3.6% |
| Financial fixed assets | 28 | €220 | €100 | -€120 | -54.5% |
| Current assets | 29/58 | €1,861,871 | €1,855,230 | -€6,641 | -0.4% |
| Amounts receivable after more than one year | 29 | - | €53,563 | +€53,563 | |
| Other amounts receivable | 291 | - | €53,563 | +€53,563 | |
| Amounts receivable within one year | 40/41 | €125,562 | €97,642 | -€27,921 | -22.2% |
| Trade receivables | 40 | €117,067 | €23,310 | -€93,757 | -80.1% |
| Other amounts receivable | 41 | €8,495 | €74,332 | +€65,836 | +775.0% |
| Current investments | 50/53 | - | €1,499,500 | +€1.5m | |
| Cash at bank and in hand | 54/58 | €1,730,896 | €196,314 | -€1.5m | -88.7% |
| Deferred charges and accrued income | 490/1 | €5,412 | €8,212 | +€2,800 | +51.7% |
| Total equity and liabilities | 10/49 | €3,386,111 | €3,390,996 | +€4,884 | +0.1% |
| Equity | 10/15 | €2,314,295 | €2,304,681 | -€9,615 | -0.4% |
| Contributions | 10/11 | €108,750 | €108,750 | = | 0.0% |
| Reserves | 13 | €2,205,545 | €2,195,931 | -€9,615 | -0.4% |
| Distributable reserves | 133 | €2,205,545 | €2,195,931 | -€9,615 | -0.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,071,816 | €1,086,315 | +€14,499 | +1.4% |
| Amounts payable after more than one year | 17 | €801,242 | €741,848 | -€59,395 | -7.4% |
| Financial debts | 170/4 | €551,242 | €491,848 | -€59,395 | -10.8% |
| Other amounts payable | 178/9 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €270,573 | €344,468 | +€73,894 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €58,802 | €59,395 | +€593 | +1.0% |
| Financial debts | 43 | €194 | €128 | -€66 | -34.2% |
| Credit institutions | 430/8 | €194 | €128 | -€66 | -34.2% |
| Trade debts | 44 | €6,248 | €2,789 | -€3,459 | -55.4% |
| Suppliers | 440/4 | €6,248 | €2,789 | -€3,459 | -55.4% |
| Taxes, remuneration and social security | 45 | €171,013 | €164,706 | -€6,307 | -3.7% |
| Taxes | 450/3 | €171,013 | €164,706 | -€6,307 | -3.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €34,317 | €117,450 | +€83,133 | +242.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,019 | €100,184 | +€7,165 | +7.7% |
| Other operating charges | 640/8 | €5,680 | €5,885 | +€206 | +3.6% |
| Gross operating margin | 9900 | €2,259,100 | €226,518 | -€2.0m | -90.0% |
| Operating profit (loss) | 9901 | €2,160,401 | €120,448 | -€2.0m | -94.4% |
| Financial income | 75/76B | €15,079 | €30,039 | +€14,960 | +99.2% |
| Recurring financial income | 75 | €15,079 | €30,039 | +€14,960 | +99.2% |
| Financial charges | 65/66B | €23,361 | €24,447 | +€1,085 | +4.6% |
| Recurring financial charges | 65 | €23,361 | €24,447 | +€1,085 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €2,152,119 | €126,040 | -€2.0m | -94.1% |
| Income taxes | 67/77 | €692,030 | €42,206 | -€649,825 | -93.9% |
| Profit (loss) for the period | 9904 | €1,460,088 | €83,835 | -€1.4m | -94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,460,088 | €83,835 | -€1.4m | -94.3% |
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 8 October 2026 via checked.be.