RACHID SERVICES: 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.
RACHID SERVICES
Largest movements
- Tangible fixed assets -€6,935
down €6,935 (-19.7%), from €35,159 to €28,224
of which Furniture and vehicles: -€8,152
- Receivables within one year -€2,195
down €2,195 (-11.7%), from €18,808 to €16,613
of which Other amounts receivable: -€3,975
- Deferred charges and accrued income +€1,307
up €1,307 (+354%), from €369 to €1,676
- Debts after one year -€12,801
down €12,801 (-62.8%), from €20,371 to €7,570
- Other debts +€6,366
new in 2025: €6,366
- Short-term financial debts +€6,150
up €6,150 (+210%), from €2,931 to €9,081
- Trade debts -€3,305
down €3,305 (-41.9%), from €7,888 to €4,583
- Profit (loss) carried forward -€2,186
down €2,186 (-15.2%), from -€14,383 to -€16,569
- Staff costs -€25,336
down €25,336 (-46.9%), from €53,979 to €28,643
- Depreciation +€4,636
up €4,636 (+102%), from €4,540 to €9,176
- Gross operating margin -€4,451
down €4,451 (-9.4%), from €47,537 to €43,086
- Other operating charges -€918
down €918 (-16.7%), from €5,485 to €4,567
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
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 | €54,336 | €46,513 | -€7,823 | -14.4% |
| Fixed assets | 21/28 | €35,159 | €28,224 | -€6,935 | -19.7% |
| Tangible fixed assets | 22/27 | €35,159 | €28,224 | -€6,935 | -19.7% |
| Plant, machinery and equipment | 23 | €371 | €1,588 | +€1,217 | +328% |
| Furniture and vehicles | 24 | €34,788 | €26,636 | -€8,152 | -23.4% |
| Current assets | 29/58 | €19,177 | €18,289 | -€888 | -4.6% |
| Amounts receivable within one year | 40/41 | €18,808 | €16,613 | -€2,195 | -11.7% |
| Trade receivables | 40 | €14,601 | €16,381 | +€1,780 | +12.2% |
| Other amounts receivable | 41 | €4,207 | €232 | -€3,975 | -94.5% |
| Deferred charges and accrued income | 490/1 | €369 | €1,676 | +€1,307 | +354% |
| Total equity and liabilities | 10/49 | €54,336 | €46,513 | -€7,823 | -14.4% |
| Equity | 10/15 | -€1,983 | -€4,169 | -€2,186 | -110% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,383 | -€16,569 | -€2,186 | -15.2% |
| Amounts payable | 17/49 | €56,319 | €50,682 | -€5,637 | -10.0% |
| Amounts payable after more than one year | 17 | €20,371 | €7,570 | -€12,801 | -62.8% |
| Financial debts | 170/4 | €20,371 | €7,570 | -€12,801 | -62.8% |
| Amounts payable within one year | 42/48 | €35,426 | €42,589 | +€7,163 | +20.2% |
| Current portion of amounts payable after more than one year | 42 | €14,436 | €12,833 | -€1,603 | -11.1% |
| Financial debts | 43 | €2,931 | €9,081 | +€6,150 | +210% |
| Credit institutions | 430/8 | €2,931 | €9,081 | +€6,150 | +210% |
| Trade debts | 44 | €7,888 | €4,583 | -€3,305 | -41.9% |
| Suppliers | 440/4 | €7,888 | €4,583 | -€3,305 | -41.9% |
| Taxes, remuneration and social security | 45 | €10,171 | €9,726 | -€445 | -4.4% |
| Taxes | 450/3 | €227 | €557 | +€330 | +145% |
| Remuneration and social security | 454/9 | €9,944 | €9,169 | -€775 | -7.8% |
| Other amounts payable | 47/48 | - | €6,366 | +€6,366 | |
| Accrued charges and deferred income | 492/3 | €522 | €523 | +€1 | +0.2% |
| Remuneration, social security and pensions | 62 | €53,979 | €28,643 | -€25,336 | -46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,540 | €9,176 | +€4,636 | +102% |
| Other operating charges | 640/8 | €5,485 | €4,567 | -€918 | -16.7% |
| Non-recurring operating charges | 66A | - | €156 | +€156 | |
| Gross operating margin | 9900 | €47,537 | €43,086 | -€4,451 | -9.4% |
| Operating profit (loss) | 9901 | -€16,467 | €544 | +€17,011 | |
| Financial charges | 65/66B | €2,840 | €2,730 | -€110 | -3.9% |
| Recurring financial charges | 65 | €2,840 | €2,730 | -€110 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | -€19,307 | -€2,186 | +€17,121 | +88.7% |
| Income taxes | 67/77 | -€97 | - | +€97 | |
| Profit (loss) for the period | 9904 | -€19,210 | -€2,186 | +€17,024 | +88.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,210 | -€2,186 | +€17,024 | +88.6% |
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 23 October 2026 via checked.be.