RABURONA: 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.
RABURONA
Largest movements
- Cash +€12,943
up €12,943 (+117%), from €11,032 to €23,975
mainly Net result for the year (+€16,361) and Depreciation (+€6,321)
- Tangible fixed assets -€6,321
down €6,321 (-27.2%), from €23,202 to €16,882
- Receivables within one year -€2,287
down €2,287 (-7.2%), from €31,806 to €29,519
of which Other amounts receivable: -€3,548
- Reserves +€3,493
up €3,493 (+7.3%), from €47,834 to €51,327
of which Distributable reserves: +€3,493
- Other debts +€783
up €783 (+45.6%), from €1,718 to €2,501
- Depreciation +€1,236
up €1,236 (+24.3%), from €5,085 to €6,321
- Gross operating margin -€1,061
down €1,061 (-3.3%), from €31,842 to €30,780
- Taxes -€841
down €841 (-10.7%), from €7,866 to €7,025
- Other operating charges +€351
up €351 (+70.3%), from €498 to €849
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 | €66,457 | €70,772 | +€4,315 | +6.5% |
| Fixed assets | 21/28 | €23,202 | €16,882 | -€6,321 | -27.2% |
| Tangible fixed assets | 22/27 | €23,202 | €16,882 | -€6,321 | -27.2% |
| Furniture and vehicles | 24 | €23,202 | €16,882 | -€6,321 | -27.2% |
| Current assets | 29/58 | €43,255 | €53,891 | +€10,636 | +24.6% |
| Amounts receivable within one year | 40/41 | €31,806 | €29,519 | -€2,287 | -7.2% |
| Trade receivables | 40 | €25,284 | €26,544 | +€1,260 | +5.0% |
| Other amounts receivable | 41 | €6,522 | €2,975 | -€3,548 | -54.4% |
| Cash at bank and in hand | 54/58 | €11,032 | €23,975 | +€12,943 | +117% |
| Deferred charges and accrued income | 490/1 | €416 | €397 | -€20 | -4.7% |
| Total equity and liabilities | 10/49 | €66,457 | €70,772 | +€4,315 | +6.5% |
| Equity | 10/15 | €54,034 | €57,527 | +€3,493 | +6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €47,834 | €51,327 | +€3,493 | +7.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €45,974 | €49,467 | +€3,493 | +7.6% |
| Amounts payable | 17/49 | €12,423 | €13,245 | +€822 | +6.6% |
| Amounts payable within one year | 42/48 | €12,423 | €13,245 | +€822 | +6.6% |
| Trade debts | 44 | €1,408 | €1,938 | +€530 | +37.7% |
| Suppliers | 440/4 | €1,408 | €1,938 | +€530 | +37.7% |
| Taxes, remuneration and social security | 45 | €9,298 | €8,806 | -€492 | -5.3% |
| Taxes | 450/3 | €9,298 | €8,806 | -€492 | -5.3% |
| Other amounts payable | 47/48 | €1,718 | €2,501 | +€783 | +45.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,085 | €6,321 | +€1,236 | +24.3% |
| Other operating charges | 640/8 | €498 | €849 | +€351 | +70.3% |
| Gross operating margin | 9900 | €31,842 | €30,780 | -€1,061 | -3.3% |
| Operating profit (loss) | 9901 | €26,258 | €23,610 | -€2,648 | -10.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -66.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -66.7% |
| Financial charges | 65/66B | €204 | €224 | +€20 | +9.8% |
| Recurring financial charges | 65 | €204 | €224 | +€20 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €26,054 | €23,386 | -€2,668 | -10.2% |
| Income taxes | 67/77 | €7,866 | €7,025 | -€841 | -10.7% |
| Profit (loss) for the period | 9904 | €18,188 | €16,361 | -€1,827 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,188 | €16,361 | -€1,827 | -10.0% |
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.