RACHMO: 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.
RACHMO
Largest movements
- Receivables within one year -€25,549
down €25,549 (-93.6%), from €27,308 to €1,759
- Cash +€13,125
up €13,125 (+44.1%), from €29,744 to €42,868
mainly Receivables within one year (+€25,549)
- Profit (loss) carried forward -€11,378
down €11,378 (-45.4%), from €25,073 to €13,696
- Trade debts -€1,047
down €1,047 (-9.1%), from €11,518 to €10,472
- Gross operating margin +€14,827
up €14,827 (+39.4%), from €37,658 to €52,484
- Staff costs +€8,496
up €8,496 (+15.5%), from €54,653 to €63,149
- Taxes -€1,858
no longer reported in 2025 (was €1,858)
- Financial income -€1,540
no longer reported in 2025 (was €1,540)
- Depreciation -€796
no longer reported in 2025 (was €796)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,051 | €44,627 | -€12,424 | -21.8% |
| Current assets | 29/58 | €57,051 | €44,627 | -€12,424 | -21.8% |
| Amounts receivable within one year | 40/41 | €27,308 | €1,759 | -€25,549 | -93.6% |
| Other amounts receivable | 41 | €27,308 | €1,759 | -€25,549 | -93.6% |
| Cash at bank and in hand | 54/58 | €29,744 | €42,868 | +€13,125 | +44.1% |
| Total equity and liabilities | 10/49 | €57,051 | €44,627 | -€12,424 | -21.8% |
| Equity | 10/15 | €45,533 | €34,156 | -€11,378 | -25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,073 | €13,696 | -€11,378 | -45.4% |
| Amounts payable | 17/49 | €11,518 | €10,472 | -€1,047 | -9.1% |
| Amounts payable within one year | 42/48 | €11,518 | €10,472 | -€1,047 | -9.1% |
| Trade debts | 44 | €11,518 | €10,472 | -€1,047 | -9.1% |
| Suppliers | 440/4 | €11,518 | €10,472 | -€1,047 | -9.1% |
| Remuneration, social security and pensions | 62 | €54,653 | €63,149 | +€8,496 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €796 | - | -€796 | |
| Other operating charges | 640/8 | €276 | €589 | +€313 | +113.3% |
| Gross operating margin | 9900 | €37,658 | €52,484 | +€14,827 | +39.4% |
| Operating profit (loss) | 9901 | -€18,067 | -€11,254 | +€6,813 | +37.7% |
| Financial income | 75/76B | €1,540 | - | -€1,540 | |
| Recurring financial income | 75 | €1,540 | - | -€1,540 | |
| Financial charges | 65/66B | €133 | €124 | -€10 | -7.3% |
| Recurring financial charges | 65 | €133 | €124 | -€10 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,661 | -€11,378 | +€5,283 | +31.7% |
| Income taxes | 67/77 | €1,858 | - | -€1,858 | |
| Profit (loss) for the period | 9904 | -€18,519 | -€11,378 | +€7,141 | +38.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,519 | -€11,378 | +€7,141 | +38.6% |
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 3 October 2026 via checked.be.