Raedt Automation: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Raedt Automation
Largest movements
- Deferred charges and accrued income +€12,500
new in 2025: €12,500
- Tangible fixed assets -€12,253
down €12,253 (-28.1%), from €43,665 to €31,412
of which Furniture and vehicles: -€10,137
- Cash -€11,745
down €11,745 (-26.8%), from €43,881 to €32,136
mainly Other debts (-€27,509) and Deferred charges and accrued income (-€12,500)
- Receivables within one year +€1,319
up €1,319 (+5.4%), from €24,199 to €25,518
of which Other amounts receivable: +€11,400
- Other debts -€27,509
down €27,509 (-100%), from €27,509 to €0
- Reserves +€25,505
up €25,505 (+41.9%), from €60,908 to €86,414
- Trade debts -€4,950
down €4,950 (-48.3%), from €10,252 to €5,302
- Tax, wage and social debts -€3,226
down €3,226 (-32.0%), from €10,076 to €6,849
- Gross operating margin -€54,032
down €54,032 (-51.6%), from €104,682 to €50,650
- Taxes -€16,538
down €16,538 (-57.4%), from €28,796 to €12,257
- Depreciation -€1,115
down €1,115 (-8.3%), from €13,368 to €12,253
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,746 | €101,566 | -€10,180 | -9.1% |
| Fixed assets | 21/28 | €43,665 | €31,412 | -€12,253 | -28.1% |
| Tangible fixed assets | 22/27 | €43,665 | €31,412 | -€12,253 | -28.1% |
| Plant, machinery and equipment | 23 | €3,490 | €1,374 | -€2,116 | -60.6% |
| Furniture and vehicles | 24 | €40,175 | €30,038 | -€10,137 | -25.2% |
| Current assets | 29/58 | €68,081 | €70,154 | +€2,073 | +3.0% |
| Amounts receivable within one year | 40/41 | €24,199 | €25,518 | +€1,319 | +5.4% |
| Trade receivables | 40 | €24,199 | €14,118 | -€10,081 | -41.7% |
| Other amounts receivable | 41 | - | €11,400 | +€11,400 | |
| Cash at bank and in hand | 54/58 | €43,881 | €32,136 | -€11,745 | -26.8% |
| Deferred charges and accrued income | 490/1 | - | €12,500 | +€12,500 | |
| Total equity and liabilities | 10/49 | €111,746 | €101,566 | -€10,180 | -9.1% |
| Equity | 10/15 | €63,908 | €89,414 | +€25,505 | +39.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €60,908 | €86,414 | +€25,505 | +41.9% |
| Distributable reserves | 133 | €60,908 | €86,414 | +€25,505 | +41.9% |
| Amounts payable | 17/49 | €47,837 | €12,152 | -€35,685 | -74.6% |
| Amounts payable within one year | 42/48 | €47,837 | €12,152 | -€35,685 | -74.6% |
| Trade debts | 44 | €10,252 | €5,302 | -€4,950 | -48.3% |
| Suppliers | 440/4 | €10,252 | €5,302 | -€4,950 | -48.3% |
| Taxes, remuneration and social security | 45 | €10,076 | €6,849 | -€3,226 | -32.0% |
| Taxes | 450/3 | €10,076 | €6,849 | -€3,226 | -32.0% |
| Other amounts payable | 47/48 | €27,509 | €0 | -€27,509 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,368 | €12,253 | -€1,115 | -8.3% |
| Other operating charges | 640/8 | €1,539 | €593 | -€946 | -61.5% |
| Gross operating margin | 9900 | €104,682 | €50,650 | -€54,032 | -51.6% |
| Operating profit (loss) | 9901 | €89,774 | €37,803 | -€51,971 | -57.9% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €73 | €40 | -€32 | -44.5% |
| Recurring financial charges | 65 | €73 | €40 | -€32 | -44.5% |
| Profit (loss) for the period before taxes | 9903 | €89,704 | €37,763 | -€51,941 | -57.9% |
| Income taxes | 67/77 | €28,796 | €12,257 | -€16,538 | -57.4% |
| Profit (loss) for the period | 9904 | €60,908 | €25,505 | -€35,403 | -58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,908 | €25,505 | -€35,403 | -58.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.