Racanete: 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.
Racanete
Largest movements
- Receivables within one year -€201,525
down €201,525 (-58.7%), from €343,463 to €141,938
of which Other amounts receivable: -€196,609
- Cash -€21,340
down €21,340 (-22.8%), from €93,784 to €72,444
mainly Contributions, distributions and other (-€240,000) and Tax, wage and social debts (-€22,144)
- Current investments +€12,767
up €12,767 (+4.0%), from €319,464 to €332,231
- Profit (loss) carried forward -€178,417
down €178,417 (-26.6%), from €669,916 to €491,499
- Tax, wage and social debts -€22,144
down €22,144 (-34.4%), from €64,400 to €42,256
- Financial income -€185,177
down €185,177 (-93.8%), from €197,418 to €12,241
- Taxes -€41,391
down €41,391 (-64.0%), from €64,687 to €23,296
- Gross operating margin -€6,872
down €6,872 (-8.2%), from €84,081 to €77,209
- Financial charges +€1,280
up €1,280 (+44.3%), from €2,891 to €4,171
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 | €756,812 | €546,747 | -€210,065 | -27.8% |
| Current assets | 29/58 | €756,812 | €546,747 | -€210,065 | -27.8% |
| Amounts receivable within one year | 40/41 | €343,463 | €141,938 | -€201,525 | -58.7% |
| Trade receivables | 40 | €4,915 | €0 | -€4,915 | -100% |
| Other amounts receivable | 41 | €338,547 | €141,938 | -€196,609 | -58.1% |
| Current investments | 50/53 | €319,464 | €332,231 | +€12,767 | +4.0% |
| Cash at bank and in hand | 54/58 | €93,784 | €72,444 | -€21,340 | -22.8% |
| Deferred charges and accrued income | 490/1 | €101 | €134 | +€33 | +32.5% |
| Total equity and liabilities | 10/49 | €756,812 | €546,747 | -€210,065 | -27.8% |
| Equity | 10/15 | €674,916 | €496,499 | -€178,417 | -26.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €669,916 | €491,499 | -€178,417 | -26.6% |
| Amounts payable | 17/49 | €81,896 | €50,248 | -€31,648 | -38.6% |
| Amounts payable within one year | 42/48 | €80,853 | €49,593 | -€31,260 | -38.7% |
| Trade debts | 44 | €4,286 | €992 | -€3,294 | -76.8% |
| Suppliers | 440/4 | €4,286 | €992 | -€3,294 | -76.8% |
| Taxes, remuneration and social security | 45 | €64,400 | €42,256 | -€22,144 | -34.4% |
| Taxes | 450/3 | €64,400 | €42,256 | -€22,144 | -34.4% |
| Other amounts payable | 47/48 | €12,167 | €6,345 | -€5,822 | -47.9% |
| Accrued charges and deferred income | 492/3 | €1,044 | €655 | -€388 | -37.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €84,081 | €77,209 | -€6,872 | -8.2% |
| Operating profit (loss) | 9901 | €83,693 | €76,809 | -€6,884 | -8.2% |
| Financial income | 75/76B | €197,418 | €12,241 | -€185,177 | -93.8% |
| Recurring financial income | 75 | €197,418 | €12,241 | -€185,177 | -93.8% |
| Financial charges | 65/66B | €2,891 | €4,171 | +€1,280 | +44.3% |
| Recurring financial charges | 65 | €2,891 | €4,171 | +€1,280 | +44.3% |
| Profit (loss) for the period before taxes | 9903 | €278,221 | €84,879 | -€193,342 | -69.5% |
| Income taxes | 67/77 | €64,687 | €23,296 | -€41,391 | -64.0% |
| Profit (loss) for the period | 9904 | €213,533 | €61,583 | -€151,951 | -71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €213,533 | €61,583 | -€151,951 | -71.2% |
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 28 October 2026 via checked.be.