Raconteurs: 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.
Raconteurs
Largest movements
- Cash -€24,715
down €24,715 (-22.0%), from €112,197 to €87,482
mainly Trade debts (-€161,364) and Investment in fixed assets (net) (-€1,803)
- Receivables within one year -€12,363
down €12,363 (-4.4%), from €282,046 to €269,683
- Trade debts -€161,364
down €161,364 (-53.4%), from €302,294 to €140,930
- Tax, wage and social debts +€78,897
up €78,897 (+389.2%), from €20,270 to €99,167
of which Remuneration and social security: +€72,418
- Reserves +€43,828
up €43,828 (+151.7%), from €28,890 to €72,717
- Gross operating margin +€104,543
up €104,543 (+140.1%), from €74,608 to €179,151
- Staff costs +€73,230
up €73,230 (+236.2%), from €31,009 to €104,239
- Taxes +€12,050
up €12,050 (+101.7%), from €11,844 to €23,894
- Financial charges +€2,160
up €2,160 (+161.2%), from €1,339 to €3,499
- Depreciation +€2,052
up €2,052 (+224.7%), from €913 to €2,965
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 | €401,454 | €362,815 | -€38,639 | -9.6% |
| Fixed assets | 21/28 | €6,813 | €5,650 | -€1,163 | -17.1% |
| Tangible fixed assets | 22/27 | €6,813 | €5,650 | -€1,163 | -17.1% |
| Furniture and vehicles | 24 | €6,813 | €5,650 | -€1,163 | -17.1% |
| Current assets | 29/58 | €394,641 | €357,165 | -€37,476 | -9.5% |
| Amounts receivable within one year | 40/41 | €282,046 | €269,683 | -€12,363 | -4.4% |
| Trade receivables | 40 | €282,046 | €269,683 | -€12,363 | -4.4% |
| Cash at bank and in hand | 54/58 | €112,197 | €87,482 | -€24,715 | -22.0% |
| Deferred charges and accrued income | 490/1 | €397 | - | -€397 | |
| Total equity and liabilities | 10/49 | €401,454 | €362,815 | -€38,639 | -9.6% |
| Equity | 10/15 | €78,890 | €122,717 | +€43,828 | +55.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €28,890 | €72,717 | +€43,828 | +151.7% |
| Distributable reserves | 133 | €28,890 | €72,717 | +€43,828 | +151.7% |
| Amounts payable | 17/49 | €322,564 | €240,098 | -€82,467 | -25.6% |
| Amounts payable within one year | 42/48 | €322,564 | €240,098 | -€82,467 | -25.6% |
| Trade debts | 44 | €302,294 | €140,930 | -€161,364 | -53.4% |
| Suppliers | 440/4 | €302,294 | €140,930 | -€161,364 | -53.4% |
| Taxes, remuneration and social security | 45 | €20,270 | €99,167 | +€78,897 | +389.2% |
| Taxes | 450/3 | €17,415 | €23,894 | +€6,479 | +37.2% |
| Remuneration and social security | 454/9 | €2,855 | €75,273 | +€72,418 | +2536.3% |
| Remuneration, social security and pensions | 62 | €31,009 | €104,239 | +€73,230 | +236.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €913 | €2,965 | +€2,052 | +224.7% |
| Other operating charges | 640/8 | €612 | €726 | +€114 | +18.5% |
| Gross operating margin | 9900 | €74,608 | €179,151 | +€104,543 | +140.1% |
| Operating profit (loss) | 9901 | €42,073 | €71,221 | +€29,148 | +69.3% |
| Financial charges | 65/66B | €1,339 | €3,499 | +€2,160 | +161.2% |
| Recurring financial charges | 65 | €1,339 | €3,499 | +€2,160 | +161.2% |
| Profit (loss) for the period before taxes | 9903 | €40,734 | €67,722 | +€26,988 | +66.3% |
| Income taxes | 67/77 | €11,844 | €23,894 | +€12,050 | +101.7% |
| Profit (loss) for the period | 9904 | €28,890 | €43,828 | +€14,938 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,890 | €43,828 | +€14,938 | +51.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.