RAHMA SHERIF: 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.
RAHMA SHERIF
Largest movements
- Cash +€4,910
up €4,910 (+193%), from €2,548 to €7,458
mainly Other debts (+€4,427) and Stocks and contracts (+€1,622)
- Stocks and contracts -€1,622
down €1,622 (-72.5%), from €2,237 to €615
- Receivables within one year -€164
down €164 (-35.8%), from €459 to €295
of which Other amounts receivable: -€100
- Other debts +€4,427
up €4,427 (+63.2%), from €7,000 to €11,427
- Trade debts -€2,706
down €2,706 (-47.4%), from €5,710 to €3,004
- Tax, wage and social debts +€741
new in 2025: €741
- Profit (loss) carried forward +€661
up €661 (+5.3%), from -€12,466 to -€11,804
- Other operating charges -€4,795
no longer reported in 2025 (was €4,795)
- Depreciation -€516
no longer reported in 2025 (was €516)
- Financial charges +€121
up €121 (+271%), from €44 to €165
- Gross operating margin -€71
down €71 (-7.9%), from €897 to €826
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 | €5,245 | €8,368 | +€3,123 | +59.6% |
| Current assets | 29/58 | €5,245 | €8,368 | +€3,123 | +59.6% |
| Stocks and contracts in progress | 3 | €2,237 | €615 | -€1,622 | -72.5% |
| Stocks | 30/36 | €2,237 | €615 | -€1,622 | -72.5% |
| Amounts receivable within one year | 40/41 | €459 | €295 | -€164 | -35.8% |
| Trade receivables | 40 | €359 | €295 | -€64 | -17.8% |
| Other amounts receivable | 41 | €100 | - | -€100 | |
| Cash at bank and in hand | 54/58 | €2,548 | €7,458 | +€4,910 | +193% |
| Total equity and liabilities | 10/49 | €5,245 | €8,368 | +€3,123 | +59.6% |
| Equity | 10/15 | -€7,466 | -€6,804 | +€661 | +8.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,466 | -€11,804 | +€661 | +5.3% |
| Amounts payable | 17/49 | €12,710 | €15,173 | +€2,462 | +19.4% |
| Amounts payable within one year | 42/48 | €12,710 | €15,173 | +€2,462 | +19.4% |
| Trade debts | 44 | €5,710 | €3,004 | -€2,706 | -47.4% |
| Suppliers | 440/4 | €5,710 | €3,004 | -€2,706 | -47.4% |
| Taxes, remuneration and social security | 45 | - | €741 | +€741 | |
| Taxes | 450/3 | - | €741 | +€741 | |
| Other amounts payable | 47/48 | €7,000 | €11,427 | +€4,427 | +63.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €516 | - | -€516 | |
| Other operating charges | 640/8 | €4,795 | - | -€4,795 | |
| Gross operating margin | 9900 | €897 | €826 | -€71 | -7.9% |
| Operating profit (loss) | 9901 | -€4,414 | €826 | +€5,240 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +271% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +271% |
| Financial charges | 65/66B | €44 | €165 | +€121 | +271% |
| Recurring financial charges | 65 | €44 | €165 | +€121 | +271% |
| Profit (loss) for the period before taxes | 9903 | -€4,458 | €661 | +€5,120 | |
| Profit (loss) for the period | 9904 | -€4,458 | €661 | +€5,120 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,458 | €661 | +€5,120 |
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 18 October 2026 via checked.be.