RAES EVY: 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.
RAES EVY
Largest movements
- Receivables within one year +€22,729
up €22,729 (+466%), from €4,874 to €27,603
of which Other amounts receivable: +€25,006
- Cash +€15,417
up €15,417 (+1,361%), from €1,133 to €16,550
mainly Net result for the year (+€45,391) and Tax, wage and social debts (+€15,185)
- Tangible fixed assets -€2,091
down €2,091 (-29.5%), from €7,086 to €4,995
of which Furniture and vehicles: -€1,670
- Tax, wage and social debts +€15,185
up €15,185 (+405%), from €3,753 to €18,937
- Reserves +€11,395
up €11,395 (+165%), from €6,911 to €18,306
of which Distributable reserves: +€11,395
- Profit (loss) carried forward +€7,996
no longer reported in 2025 (was -€7,996)
- Other debts +€2,370
up €2,370 (+151%), from €1,573 to €3,943
- Trade debts -€598
down €598 (-10.2%), from €5,878 to €5,280
- Gross operating margin +€60,870
up €60,870 (+1,367%), from €4,453 to €65,323
- Taxes +€15,794
up €15,794 (+954%), from €1,656 to €17,450
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 | €14,862 | €51,213 | +€36,351 | +245% |
| Fixed assets | 21/28 | €7,086 | €4,995 | -€2,091 | -29.5% |
| Tangible fixed assets | 22/27 | €7,086 | €4,995 | -€2,091 | -29.5% |
| Furniture and vehicles | 24 | €3,525 | €1,855 | -€1,670 | -47.4% |
| Other tangible fixed assets | 26 | €3,560 | €3,139 | -€421 | -11.8% |
| Current assets | 29/58 | €7,777 | €46,218 | +€38,442 | +494% |
| Amounts receivable within one year | 40/41 | €4,874 | €27,603 | +€22,729 | +466% |
| Trade receivables | 40 | €3,084 | €807 | -€2,277 | -73.8% |
| Other amounts receivable | 41 | €1,790 | €26,796 | +€25,006 | +1,397% |
| Cash at bank and in hand | 54/58 | €1,133 | €16,550 | +€15,417 | +1,361% |
| Deferred charges and accrued income | 490/1 | €1,770 | €2,066 | +€296 | +16.7% |
| Total equity and liabilities | 10/49 | €14,862 | €51,213 | +€36,351 | +245% |
| Equity | 10/15 | €3,659 | €23,050 | +€19,391 | +530% |
| Contributions | 10/11 | €4,744 | €4,744 | = | 0.0% |
| Reserves | 13 | €6,911 | €18,306 | +€11,395 | +165% |
| Non-distributable reserves | 130/1 | €74 | €74 | = | 0.0% |
| Reserves not available under the articles | 1311 | €74 | €74 | = | 0.0% |
| Distributable reserves | 133 | €6,837 | €18,232 | +€11,395 | +167% |
| Profit (loss) carried forward | 14 | -€7,996 | - | +€7,996 | |
| Amounts payable | 17/49 | €11,203 | €28,163 | +€16,960 | +151% |
| Amounts payable within one year | 42/48 | €11,203 | €28,160 | +€16,956 | +151% |
| Trade debts | 44 | €5,878 | €5,280 | -€598 | -10.2% |
| Suppliers | 440/4 | €5,878 | €5,280 | -€598 | -10.2% |
| Taxes, remuneration and social security | 45 | €3,753 | €18,937 | +€15,185 | +405% |
| Taxes | 450/3 | €3,753 | €18,937 | +€15,185 | +405% |
| Other amounts payable | 47/48 | €1,573 | €3,943 | +€2,370 | +151% |
| Accrued charges and deferred income | 492/3 | - | €3 | +€3 | |
| Non-recurring operating income | 76A | €800 | - | -€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,091 | €2,091 | = | 0.0% |
| Other operating charges | 640/8 | €884 | €567 | -€316 | -35.8% |
| Gross operating margin | 9900 | €4,453 | €65,323 | +€60,870 | +1,367% |
| Operating profit (loss) | 9901 | €1,478 | €62,664 | +€61,186 | +4,140% |
| Financial income | 75/76B | €18 | €298 | +€280 | +1,570% |
| Recurring financial income | 75 | €18 | €298 | +€280 | +1,570% |
| Financial charges | 65/66B | €154 | €121 | -€33 | -21.2% |
| Recurring financial charges | 65 | €154 | €121 | -€33 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €1,342 | €62,841 | +€61,499 | +4,583% |
| Income taxes | 67/77 | €1,656 | €17,450 | +€15,794 | +954% |
| Profit (loss) for the period | 9904 | -€314 | €45,391 | +€45,705 | |
| Profit (loss) for the period to be appropriated | 9905 | -€314 | €45,391 | +€45,705 |
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 15 October 2026 via checked.be.