RAHIER para-construct: what changed
RAHIER para-construct
Largest movements
- Tangible fixed assets -€3,337
down €3,337 (-30.1%), from €11,090 to €7,752
of which Plant, machinery and equipment: -€2,729
- Receivables within one year -€2,021
down €2,021 (-38.0%), from €5,316 to €3,295
of which Trade receivables: -€4,053
- Trade debts -€8,397
down €8,397 (-81.7%), from €10,273 to €1,876
- Profit (loss) carried forward +€5,960
up €5,960 (+15.9%), from -€37,561 to -€31,601
- Other debts -€3,075
down €3,075 (-9.4%), from €32,716 to €29,641
- Gross operating margin +€32,239
up €32,239, from -€18,118 to €14,121
- Depreciation -€398
down €398 (-5.1%), from €7,765 to €7,367
- Other operating charges +€356
up €356 (+205%), from €174 to €530
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 | €17,658 | €12,146 | -€5,513 | -31.2% |
| Fixed assets | 21/28 | €11,090 | €7,752 | -€3,337 | -30.1% |
| Tangible fixed assets | 22/27 | €11,090 | €7,752 | -€3,337 | -30.1% |
| Plant, machinery and equipment | 23 | €10,482 | €7,752 | -€2,729 | -26.0% |
| Furniture and vehicles | 24 | €608 | - | -€608 | |
| Current assets | 29/58 | €6,569 | €4,393 | -€2,175 | -33.1% |
| Amounts receivable within one year | 40/41 | €5,316 | €3,295 | -€2,021 | -38.0% |
| Trade receivables | 40 | €4,053 | - | -€4,053 | |
| Other amounts receivable | 41 | €1,263 | €3,295 | +€2,032 | +161% |
| Cash at bank and in hand | 54/58 | €1,253 | €1,098 | -€154 | -12.3% |
| Total equity and liabilities | 10/49 | €17,658 | €12,146 | -€5,513 | -31.2% |
| Equity | 10/15 | -€25,331 | -€19,371 | +€5,960 | +23.5% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €11,030 | €11,030 | = | 0.0% |
| Distributable reserves | 133 | €11,030 | €11,030 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,561 | -€31,601 | +€5,960 | +15.9% |
| Amounts payable | 17/49 | €42,989 | €31,517 | -€11,472 | -26.7% |
| Amounts payable within one year | 42/48 | €42,989 | €31,517 | -€11,472 | -26.7% |
| Trade debts | 44 | €10,273 | €1,876 | -€8,397 | -81.7% |
| Suppliers | 440/4 | €10,273 | €1,876 | -€8,397 | -81.7% |
| Other amounts payable | 47/48 | €32,716 | €29,641 | -€3,075 | -9.4% |
| Remuneration, social security and pensions | 62 | €21 | €44 | +€23 | +113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,765 | €7,367 | -€398 | -5.1% |
| Other operating charges | 640/8 | €174 | €530 | +€356 | +205% |
| Gross operating margin | 9900 | -€18,118 | €14,121 | +€32,239 | |
| Operating profit (loss) | 9901 | -€26,078 | €6,180 | +€32,258 | |
| Financial charges | 65/66B | €300 | €220 | -€79 | -26.5% |
| Recurring financial charges | 65 | €300 | €220 | -€79 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | -€26,377 | €5,960 | +€32,337 | |
| Profit (loss) for the period | 9904 | -€26,377 | €5,960 | +€32,337 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,377 | €5,960 | +€32,337 |
Next steps
Calculation and sources
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.