Racagnac: what changed
What changed
Racagnac
NACE 59.203, Motion picture, video and television programme production, sound recording and music publishing activities
filed annual accounts (NBB)
Net result for the year
€52,308
2024 · €27,359+€24,949
Equity
€489,304
2024 · €436,996+€52,308
Cash
€14,569
2024 · €7,009+€7,560
Balance sheet total
€775,931
2024 · €761,843+€14,088
Largest movements
Assets
- Receivables within one year +€24,178
up €24,178 (+21.8%), from €111,062 to €135,241
of which Trade receivables: +€29,081
- Tangible fixed assets -€17,285
down €17,285 (-5.2%), from €332,372 to €315,087
of which Land and buildings: -€16,533
Equity and liabilities
- Reserves +€52,305
up €52,305 (+24.8%), from €210,578 to €262,883
of which Distributable reserves: +€52,305
- Debts after one year -€23,257
down €23,257 (-11.9%), from €195,985 to €172,729
- Current portion of long-term debt -€9,134
down €9,134 (-28.7%), from €31,779 to €22,645
Income statement
- Gross operating margin +€38,931
up €38,931 (+30.8%), from €126,278 to €165,209
- Taxes +€11,119
up €11,119 (+114%), from €9,731 to €20,850
- Staff costs +€4,790
up €4,790 (+7.9%), from €60,697 to €65,486
- Financial charges -€2,788
down €2,788 (-28.7%), from €9,700 to €6,913
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€27,359
Gross operating margin
+€38,931
Staff costs
-€4,790
Depreciation
-€308
Other operating charges
-€554
Financial charges
+€2,788
Taxes
-€11,119
Result 2025
€52,308
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€44,617
Investment
€0
Financing
-€37,057
Cash 2024
€7,009
From operations (derived)
+€44,617
Net result for the year
+€52,308
Depreciation
+€17,285
Receivables within one year
-€24,178
Deferred charges and accrued income
+€365
Trade debts
-€10
Tax, wage and social debts
-€7,194
Other debts
+€4,538
Accrued charges and deferred income
+€1,503
Financing
-€37,057
Debts after one year
-€23,257
Current portion of long-term debt
-€9,134
Short-term financial debts
-€4,667
Cash 2025
€14,569
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €761,843 | €775,931 | +€14,088 | +1.8% |
| Fixed assets | 21/28 | €640,964 | €623,679 | -€17,285 | -2.7% |
| Tangible fixed assets | 22/27 | €332,372 | €315,087 | -€17,285 | -5.2% |
| Land and buildings | 22 | €330,867 | €314,334 | -€16,533 | -5.0% |
| Furniture and vehicles | 24 | €1,505 | €753 | -€753 | -50.0% |
| Financial fixed assets | 28 | €308,592 | €308,592 | = | 0.0% |
| Current assets | 29/58 | €120,879 | €152,253 | +€31,374 | +26.0% |
| Amounts receivable within one year | 40/41 | €111,062 | €135,241 | +€24,178 | +21.8% |
| Trade receivables | 40 | €105,199 | €134,280 | +€29,081 | +27.6% |
| Other amounts receivable | 41 | €5,863 | €960 | -€4,903 | -83.6% |
| Current investments | 50/53 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,009 | €14,569 | +€7,560 | +108% |
| Deferred charges and accrued income | 490/1 | €2,808 | €2,443 | -€365 | -13.0% |
| Total equity and liabilities | 10/49 | €761,843 | €775,931 | +€14,088 | +1.8% |
| Equity | 10/15 | €436,996 | €489,304 | +€52,308 | +12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €210,578 | €262,883 | +€52,305 | +24.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €210,578 | €262,883 | +€52,305 | +24.8% |
| Profit (loss) carried forward | 14 | €207,818 | €207,821 | +€3 | 0.0% |
| Amounts payable | 17/49 | €324,848 | €286,628 | -€38,220 | -11.8% |
| Amounts payable after more than one year | 17 | €195,985 | €172,729 | -€23,257 | -11.9% |
| Financial debts | 170/4 | €195,985 | €172,729 | -€23,257 | -11.9% |
| Amounts payable within one year | 42/48 | €125,080 | €108,614 | -€16,466 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €31,779 | €22,645 | -€9,134 | -28.7% |
| Financial debts | 43 | €4,667 | €0 | -€4,667 | -100% |
| Other loans | 439 | €4,667 | €0 | -€4,667 | -100% |
| Trade debts | 44 | €18,340 | €18,331 | -€10 | -0.1% |
| Suppliers | 440/4 | €18,340 | €18,331 | -€10 | -0.1% |
| Taxes, remuneration and social security | 45 | €38,817 | €31,622 | -€7,194 | -18.5% |
| Taxes | 450/3 | €21,700 | €21,494 | -€206 | -0.9% |
| Remuneration and social security | 454/9 | €17,117 | €10,128 | -€6,988 | -40.8% |
| Other amounts payable | 47/48 | €31,478 | €36,016 | +€4,538 | +14.4% |
| Accrued charges and deferred income | 492/3 | €3,782 | €5,285 | +€1,503 | +39.7% |
| Remuneration, social security and pensions | 62 | €60,697 | €65,486 | +€4,790 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,978 | €17,285 | +€308 | +1.8% |
| Other operating charges | 640/8 | €1,814 | €2,367 | +€554 | +30.5% |
| Gross operating margin | 9900 | €126,278 | €165,209 | +€38,931 | +30.8% |
| Operating profit (loss) | 9901 | €46,790 | €80,070 | +€33,280 | +71.1% |
| Financial charges | 65/66B | €9,700 | €6,913 | -€2,788 | -28.7% |
| Recurring financial charges | 65 | €9,700 | €6,913 | -€2,788 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €37,090 | €73,158 | +€36,068 | +97.2% |
| Income taxes | 67/77 | €9,731 | €20,850 | +€11,119 | +114% |
| Profit (loss) for the period | 9904 | €27,359 | €52,308 | +€24,949 | +91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,359 | €52,308 | +€24,949 | +91.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.