RAGOEN LOGISTICS: 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.
RAGOEN LOGISTICS
Largest movements
- Cash +€5,135
up €5,135 (+350%), from €1,468 to €6,603
mainly Net result for the year (+€68,999) and Other debts (+€3,324)
- Receivables within one year -€1,920
down €1,920 (-37.1%), from €5,177 to €3,257
- Contributions -€70,100
down €70,100 (-12.1%), from €577,500 to €507,400
- Profit (loss) carried forward +€68,999
up €68,999 (+11.1%), from -€619,325 to -€550,326
- Other debts +€3,324
up €3,324 (+106%), from €3,130 to €6,453
- Tax, wage and social debts +€1,195
up €1,195 (+210%), from €568 to €1,763
- Trade debts -€194
down €194 (-23.0%), from €844 to €650
- Gross operating margin +€14,549
up €14,549 (+26.4%), from €55,156 to €69,705
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 | €7,071 | €10,295 | +€3,224 | +45.6% |
| Current assets | 29/58 | €7,071 | €10,295 | +€3,224 | +45.6% |
| Amounts receivable within one year | 40/41 | €5,177 | €3,257 | -€1,920 | -37.1% |
| Trade receivables | 40 | €5,177 | €3,257 | -€1,920 | -37.1% |
| Cash at bank and in hand | 54/58 | €1,468 | €6,603 | +€5,135 | +350% |
| Deferred charges and accrued income | 490/1 | €425 | €435 | +€10 | +2.3% |
| Total equity and liabilities | 10/49 | €7,071 | €10,295 | +€3,224 | +45.6% |
| Equity | 10/15 | €2,530 | €1,429 | -€1,101 | -43.5% |
| Contributions | 10/11 | €577,500 | €507,400 | -€70,100 | -12.1% |
| Reserves | 13 | €44,355 | €44,355 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,975 | €2,975 | = | 0.0% |
| Distributable reserves | 133 | €41,380 | €41,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€619,325 | -€550,326 | +€68,999 | +11.1% |
| Amounts payable | 17/49 | €4,541 | €8,866 | +€4,325 | +95.2% |
| Amounts payable within one year | 42/48 | €4,541 | €8,866 | +€4,325 | +95.2% |
| Trade debts | 44 | €844 | €650 | -€194 | -23.0% |
| Suppliers | 440/4 | €844 | €650 | -€194 | -23.0% |
| Taxes, remuneration and social security | 45 | €568 | €1,763 | +€1,195 | +210% |
| Taxes | 450/3 | €568 | €1,763 | +€1,195 | +210% |
| Other amounts payable | 47/48 | €3,130 | €6,453 | +€3,324 | +106% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €55,156 | €69,705 | +€14,549 | +26.4% |
| Operating profit (loss) | 9901 | €54,643 | €69,177 | +€14,534 | +26.6% |
| Financial income | 75/76B | €0 | €4 | +€4 | +7,620% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +7,620% |
| Financial charges | 65/66B | €9 | €182 | +€173 | +1,914% |
| Recurring financial charges | 65 | €9 | €182 | +€173 | +1,914% |
| Profit (loss) for the period before taxes | 9903 | €54,634 | €68,999 | +€14,365 | +26.3% |
| Profit (loss) for the period | 9904 | €54,634 | €68,999 | +€14,365 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €54,634 | €68,999 | +€14,365 | +26.3% |
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 30 October 2026 via checked.be.