RAEDSCHELDERS GESCHENKEN: 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.
RAEDSCHELDERS GESCHENKEN
Largest movements
- Receivables within one year -€28,390
down €28,390 (-72.0%), from €39,412 to €11,022
- Stocks and contracts -€7,984
down €7,984 (-32.5%), from €24,543 to €16,559
- Profit (loss) carried forward -€25,676
down €25,676 (-28.6%), from -€89,788 to -€115,464
- Other debts -€12,472
down €12,472 (-8.6%), from €144,417 to €131,946
- Accrued charges and deferred income +€3,098
new in 2025: €3,098
- Trade debts -€1,889
down €1,889 (-98.6%), from €1,916 to €27
- Taxes +€12,250
new in 2025: €12,250
- Gross operating margin -€7,290
down €7,290 (-226%), from -€3,230 to -€10,521
- Financial charges -€2,160
down €2,160 (-44.2%), from €4,890 to €2,730
- Other operating charges +€1,137
up €1,137 (+207%), from €549 to €1,687
- Financial income -€802
down €802 (-34.7%), from €2,312 to €1,510
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 | €75,137 | €38,198 | -€36,939 | -49.2% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Current assets | 29/58 | €75,137 | €38,198 | -€36,939 | -49.2% |
| Stocks and contracts in progress | 3 | €24,543 | €16,559 | -€7,984 | -32.5% |
| Stocks | 30/36 | €24,543 | €16,559 | -€7,984 | -32.5% |
| Amounts receivable within one year | 40/41 | €39,412 | €11,022 | -€28,390 | -72.0% |
| Other amounts receivable | 41 | €39,412 | €11,022 | -€28,390 | -72.0% |
| Cash at bank and in hand | 54/58 | €11,182 | €10,617 | -€565 | -5.1% |
| Total equity and liabilities | 10/49 | €75,137 | €38,198 | -€36,939 | -49.2% |
| Equity | 10/15 | -€71,196 | -€96,872 | -€25,676 | -36.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,788 | -€115,464 | -€25,676 | -28.6% |
| Amounts payable | 17/49 | €146,333 | €135,070 | -€11,263 | -7.7% |
| Amounts payable within one year | 42/48 | €146,333 | €131,973 | -€14,360 | -9.8% |
| Trade debts | 44 | €1,916 | €27 | -€1,889 | -98.6% |
| Suppliers | 440/4 | €1,916 | €27 | -€1,889 | -98.6% |
| Other amounts payable | 47/48 | €144,417 | €131,946 | -€12,472 | -8.6% |
| Accrued charges and deferred income | 492/3 | - | €3,098 | +€3,098 | |
| Other operating charges | 640/8 | €549 | €1,687 | +€1,137 | +207% |
| Gross operating margin | 9900 | -€3,230 | -€10,521 | -€7,290 | -226% |
| Operating profit (loss) | 9901 | -€3,780 | -€12,207 | -€8,428 | -223% |
| Financial income | 75/76B | €2,312 | €1,510 | -€802 | -34.7% |
| Recurring financial income | 75 | €2,312 | €1,510 | -€802 | -34.7% |
| Financial charges | 65/66B | €4,890 | €2,730 | -€2,160 | -44.2% |
| Recurring financial charges | 65 | €4,890 | €2,730 | -€2,160 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,358 | -€13,426 | -€7,069 | -111% |
| Income taxes | 67/77 | - | €12,250 | +€12,250 | |
| Profit (loss) for the period | 9904 | -€6,358 | -€25,676 | -€19,318 | -304% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,358 | -€25,676 | -€19,318 | -304% |
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 29 October 2026 via checked.be.