RAGIMMO 2: what changed
Two fiscal 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.
RAGIMMO 2
Largest movements
- Cash +€416,214
up €416,214 (+162355.1%), from €256 to €416,470
mainly Receivables within one year (+€341,318) and Net result for the year (+€339,891)
- Receivables within one year -€341,318
down €341,318 (-98.4%), from €346,985 to €5,667
of which Trade receivables: -€307,852
- Reserves +€255,477
up €255,477 (+636.8%), from €40,116 to €295,593
of which Distributable reserves: +€255,477
- Other debts -€225,057
no longer reported in 2025 (was €225,057)
- Profit (loss) carried forward +€84,414
no longer reported in 2025 (was -€84,414)
- Accrued charges and deferred income -€39,258
no longer reported in 2025 (was €39,258)
- Gross operating margin +€488,586
up €488,586, from -€18,767 to €469,819
- Taxes +€119,333
new in 2025: €119,333
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 | €347,241 | €422,137 | +€74,896 | +21.6% |
| Current assets | 29/58 | €347,241 | €422,137 | +€74,896 | +21.6% |
| Amounts receivable within one year | 40/41 | €346,985 | €5,667 | -€341,318 | -98.4% |
| Trade receivables | 40 | €307,852 | - | -€307,852 | |
| Other amounts receivable | 41 | €39,133 | €5,667 | -€33,466 | -85.5% |
| Cash at bank and in hand | 54/58 | €256 | €416,470 | +€416,214 | +162355.1% |
| Total equity and liabilities | 10/49 | €347,241 | €422,137 | +€74,896 | +21.6% |
| Equity | 10/15 | €80,702 | €420,593 | +€339,891 | +421.2% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €40,116 | €295,593 | +€255,477 | +636.8% |
| Non-distributable reserves | 130/1 | €4,631 | €4,631 | = | 0.0% |
| Legal reserve | 130 | €4,631 | €4,631 | = | 0.0% |
| Distributable reserves | 133 | €35,485 | €290,962 | +€255,477 | +720.0% |
| Profit (loss) carried forward | 14 | -€84,414 | - | +€84,414 | |
| Amounts payable | 17/49 | €266,539 | €1,544 | -€264,995 | -99.4% |
| Amounts payable within one year | 42/48 | €227,281 | €1,544 | -€225,737 | -99.3% |
| Trade debts | 44 | €2,224 | €1,544 | -€680 | -30.6% |
| Suppliers | 440/4 | €2,224 | €1,544 | -€680 | -30.6% |
| Other amounts payable | 47/48 | €225,057 | - | -€225,057 | |
| Accrued charges and deferred income | 492/3 | €39,258 | - | -€39,258 | |
| Non-recurring operating income | 76A | - | €522,148 | +€522,148 | |
| Other operating charges | 640/8 | €4,080 | €8,725 | +€4,645 | +113.8% |
| Gross operating margin | 9900 | -€18,767 | €469,819 | +€488,586 | |
| Operating profit (loss) | 9901 | -€22,847 | €461,094 | +€483,941 | |
| Financial income | 75/76B | - | €2,224 | +€2,224 | |
| Recurring financial income | 75 | - | €2,224 | +€2,224 | |
| Financial charges | 65/66B | €8,005 | €4,094 | -€3,911 | -48.9% |
| Recurring financial charges | 65 | €8,005 | €4,094 | -€3,911 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | -€30,852 | €459,224 | +€490,076 | |
| Income taxes | 67/77 | - | €119,333 | +€119,333 | |
| Profit (loss) for the period | 9904 | -€30,852 | €339,891 | +€370,743 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,852 | €339,891 | +€370,743 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.