RAENBI GROUP: 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.
RAENBI GROUP
Largest movements
- Receivables within one year -€12,181
down €12,181 (-51.0%), from €23,877 to €11,696
of which Trade receivables: -€12,885
- Cash +€7,070
new in 2024: €7,070
mainly Receivables within one year (+€12,181) and Depreciation (+€7,030)
- Tangible fixed assets -€4,217
down €4,217 (-38.3%), from €11,003 to €6,786
- Tax, wage and social debts -€8,193
down €8,193 (-28.7%), from €28,591 to €20,398
of which Taxes: -€5,681
- Profit (loss) carried forward +€5,766
up €5,766 (+24.5%), from -€23,536 to -€17,770
- Accrued charges and deferred income -€5,352
down €5,352 (-39.6%), from €13,516 to €8,164
- Other debts -€5,194
down €5,194 (-81.8%), from €6,353 to €1,159
- Trade debts +€2,953
up €2,953 (+32.5%), from €9,087 to €12,040
of which Suppliers: +€5,790
- Gross operating margin +€8,284
up €8,284 (+18.0%), from €46,010 to €54,294
- Staff costs -€4,679
down €4,679 (-11.2%), from €41,774 to €37,095
- Depreciation +€4,069
up €4,069 (+137%), from €2,961 to €7,030
- Taxes +€2,252
new in 2024: €2,252
- Other operating charges +€876
up €876 (+135%), from €651 to €1,527
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,511 | €26,182 | -€9,329 | -26.3% |
| Fixed assets | 21/28 | €11,578 | €7,361 | -€4,217 | -36.4% |
| Tangible fixed assets | 22/27 | €11,003 | €6,786 | -€4,217 | -38.3% |
| Furniture and vehicles | 24 | €11,003 | €6,786 | -€4,217 | -38.3% |
| Financial fixed assets | 28 | €575 | €575 | = | 0.0% |
| Current assets | 29/58 | €23,933 | €18,821 | -€5,112 | -21.4% |
| Amounts receivable within one year | 40/41 | €23,877 | €11,696 | -€12,181 | -51.0% |
| Trade receivables | 40 | €22,860 | €9,975 | -€12,885 | -56.4% |
| Other amounts receivable | 41 | €1,017 | €1,721 | +€704 | +69.2% |
| Cash at bank and in hand | 54/58 | - | €7,070 | +€7,070 | |
| Deferred charges and accrued income | 490/1 | €56 | €55 | -€1 | -1.8% |
| Total equity and liabilities | 10/49 | €35,511 | €26,182 | -€9,329 | -26.3% |
| Equity | 10/15 | -€22,036 | -€16,270 | +€5,766 | +26.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,536 | -€17,770 | +€5,766 | +24.5% |
| Amounts payable | 17/49 | €57,547 | €42,452 | -€15,095 | -26.2% |
| Amounts payable within one year | 42/48 | €44,031 | €34,288 | -€9,743 | -22.1% |
| Financial debts | 43 | - | €691 | +€691 | |
| Credit institutions | 430/8 | - | €691 | +€691 | |
| Trade debts | 44 | €9,087 | €12,040 | +€2,953 | +32.5% |
| Suppliers | 440/4 | €6,250 | €12,040 | +€5,790 | +92.6% |
| Bills of exchange payable | 441 | €2,837 | - | -€2,837 | |
| Taxes, remuneration and social security | 45 | €28,591 | €20,398 | -€8,193 | -28.7% |
| Taxes | 450/3 | €8,807 | €3,126 | -€5,681 | -64.5% |
| Remuneration and social security | 454/9 | €19,784 | €17,272 | -€2,512 | -12.7% |
| Other amounts payable | 47/48 | €6,353 | €1,159 | -€5,194 | -81.8% |
| Accrued charges and deferred income | 492/3 | €13,516 | €8,164 | -€5,352 | -39.6% |
| Remuneration, social security and pensions | 62 | €41,774 | €37,095 | -€4,679 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,961 | €7,030 | +€4,069 | +137% |
| Other operating charges | 640/8 | €651 | €1,527 | +€876 | +135% |
| Gross operating margin | 9900 | €46,010 | €54,294 | +€8,284 | +18.0% |
| Operating profit (loss) | 9901 | €624 | €8,642 | +€8,018 | +1,285% |
| Financial income | 75/76B | €7 | €1 | -€6 | -85.7% |
| Recurring financial income | 75 | €7 | €1 | -€6 | -85.7% |
| Financial charges | 65/66B | €647 | €625 | -€22 | -3.4% |
| Recurring financial charges | 65 | €647 | €625 | -€22 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | -€16 | €8,018 | +€8,034 | |
| Income taxes | 67/77 | - | €2,252 | +€2,252 | |
| Profit (loss) for the period | 9904 | -€16 | €5,766 | +€5,782 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16 | €5,766 | +€5,782 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.