RACIN COMMUNICATIONS: 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.
RACIN COMMUNICATIONS
Largest movements
- Cash -€16,041
down €16,041 (-47.2%), from €34,012 to €17,971
mainly Other debts (-€15,740) and Net result for the year (-€12,312)
- Receivables within one year -€5,595
down €5,595 (-23.8%), from €23,527 to €17,932
of which Trade receivables: -€3,557
- Other debts -€15,740
down €15,740 (-78.3%), from €20,111 to €4,371
- Reserves -€12,312
down €12,312 (-78.7%), from €15,640 to €3,328
- Trade debts +€4,489
up €4,489 (+502%), from €895 to €5,384
- Tax, wage and social debts +€1,886
up €1,886 (+17.8%), from €10,575 to €12,461
of which Remuneration and social security: +€1,800
- Gross operating margin -€56,440
down €56,440, from €45,584 to -€10,857
- Taxes -€5,306
down €5,306 (-97.4%), from €5,448 to €142
- Other operating charges -€590
down €590 (-84.0%), from €702 to €112
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 | €59,918 | €37,944 | -€21,974 | -36.7% |
| Fixed assets | 21/28 | €2,379 | €1,766 | -€613 | -25.7% |
| Intangible fixed assets | 21 | €2,061 | €1,541 | -€520 | -25.2% |
| Tangible fixed assets | 22/27 | €93 | €0 | -€93 | -100% |
| Furniture and vehicles | 24 | €93 | €0 | -€93 | -100% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €57,539 | €36,177 | -€21,362 | -37.1% |
| Amounts receivable within one year | 40/41 | €23,527 | €17,932 | -€5,595 | -23.8% |
| Trade receivables | 40 | €20,940 | €17,383 | -€3,557 | -17.0% |
| Other amounts receivable | 41 | €2,588 | €550 | -€2,038 | -78.8% |
| Cash at bank and in hand | 54/58 | €34,012 | €17,971 | -€16,041 | -47.2% |
| Deferred charges and accrued income | 490/1 | - | €274 | +€274 | |
| Total equity and liabilities | 10/49 | €59,918 | €37,944 | -€21,974 | -36.7% |
| Equity | 10/15 | €28,040 | €15,728 | -€12,312 | -43.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €15,640 | €3,328 | -€12,312 | -78.7% |
| Distributable reserves | 133 | €15,640 | €3,328 | -€12,312 | -78.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,878 | €22,216 | -€9,662 | -30.3% |
| Amounts payable within one year | 42/48 | €31,581 | €22,216 | -€9,365 | -29.7% |
| Trade debts | 44 | €895 | €5,384 | +€4,489 | +502% |
| Suppliers | 440/4 | €895 | €5,384 | +€4,489 | +502% |
| Taxes, remuneration and social security | 45 | €10,575 | €12,461 | +€1,886 | +17.8% |
| Taxes | 450/3 | €10,575 | €10,661 | +€86 | +0.8% |
| Remuneration and social security | 454/9 | €0 | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €20,111 | €4,371 | -€15,740 | -78.3% |
| Accrued charges and deferred income | 492/3 | €297 | €0 | -€297 | -100% |
| Non-recurring operating income | 76A | - | €372 | +€372 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €854 | €613 | -€242 | -28.3% |
| Other operating charges | 640/8 | €702 | €112 | -€590 | -84.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €45,584 | -€10,857 | -€56,440 | |
| Operating profit (loss) | 9901 | €44,027 | -€11,582 | -€55,609 | |
| Financial income | 75/76B | €18 | €4 | -€14 | -77.0% |
| Recurring financial income | 75 | €18 | €4 | -€14 | -77.0% |
| Financial charges | 65/66B | €367 | €592 | +€226 | +61.5% |
| Recurring financial charges | 65 | €367 | €592 | +€226 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | €43,678 | -€12,170 | -€55,848 | |
| Income taxes | 67/77 | €5,448 | €142 | -€5,306 | -97.4% |
| Profit (loss) for the period | 9904 | €38,230 | -€12,312 | -€50,542 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,230 | -€12,312 | -€50,542 |
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 26 October 2026 via checked.be.