RAHO TECHNICS: what changed
RAHO TECHNICS
Largest movements
- Receivables within one year -€38,140
down €38,140 (-38.1%), from €100,220 to €62,080
of which Trade receivables: -€42,068
- Cash +€26,451
up €26,451 (+103%), from €25,724 to €52,175
mainly Receivables within one year (+€38,140) and Depreciation (+€20,482)
- Tangible fixed assets -€20,482
down €20,482 (-22.3%), from €91,662 to €71,180
of which Furniture and vehicles: -€10,812
- Trade debts -€39,232
down €39,232 (-77.7%), from €50,467 to €11,235
- Debts after one year -€17,607
down €17,607 (-29.2%), from €60,364 to €42,757
- Other debts +€11,141
up €11,141 (+773%), from €1,441 to €12,582
- Profit (loss) carried forward +€9,423
up €9,423 (+37.3%), from €25,239 to €34,662
- Tax, wage and social debts +€3,400
up €3,400 (+567%), from €600 to €4,000
of which Remuneration and social security: +€4,000
- Taxes -€11,863
down €11,863 (-94.2%), from €12,600 to €737
- Gross operating margin +€6,608
up €6,608 (+9.6%), from €68,761 to €75,370
- Depreciation +€2,005
up €2,005 (+10.8%), from €18,478 to €20,482
- Financial charges -€1,050
down €1,050 (-17.6%), from €5,972 to €4,923
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 | €251,105 | €218,680 | -€32,425 | -12.9% |
| Fixed assets | 21/28 | €91,662 | €71,180 | -€20,482 | -22.3% |
| Tangible fixed assets | 22/27 | €91,662 | €71,180 | -€20,482 | -22.3% |
| Plant, machinery and equipment | 23 | €14,201 | €8,819 | -€5,382 | -37.9% |
| Furniture and vehicles | 24 | €45,203 | €34,391 | -€10,812 | -23.9% |
| Other tangible fixed assets | 26 | €32,258 | €27,971 | -€4,288 | -13.3% |
| Current assets | 29/58 | €159,443 | €147,500 | -€11,943 | -7.5% |
| Stocks and contracts in progress | 3 | €32,000 | €31,000 | -€1,000 | -3.1% |
| Stocks | 30/36 | €32,000 | €31,000 | -€1,000 | -3.1% |
| Amounts receivable within one year | 40/41 | €100,220 | €62,080 | -€38,140 | -38.1% |
| Trade receivables | 40 | €94,682 | €52,614 | -€42,068 | -44.4% |
| Other amounts receivable | 41 | €5,538 | €9,466 | +€3,928 | +70.9% |
| Cash at bank and in hand | 54/58 | €25,724 | €52,175 | +€26,451 | +103% |
| Deferred charges and accrued income | 490/1 | €1,500 | €2,245 | +€745 | +49.7% |
| Total equity and liabilities | 10/49 | €251,105 | €218,680 | -€32,425 | -12.9% |
| Equity | 10/15 | €113,515 | €122,937 | +€9,423 | +8.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €87,276 | €87,276 | = | 0.0% |
| Distributable reserves | 133 | €87,276 | €87,276 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,239 | €34,662 | +€9,423 | +37.3% |
| Amounts payable | 17/49 | €137,591 | €95,743 | -€41,848 | -30.4% |
| Amounts payable after more than one year | 17 | €60,364 | €42,757 | -€17,607 | -29.2% |
| Financial debts | 170/4 | €60,364 | €42,757 | -€17,607 | -29.2% |
| Amounts payable within one year | 42/48 | €77,227 | €52,986 | -€24,241 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €24,720 | €25,170 | +€450 | +1.8% |
| Trade debts | 44 | €50,467 | €11,235 | -€39,232 | -77.7% |
| Suppliers | 440/4 | €50,467 | €11,235 | -€39,232 | -77.7% |
| Taxes, remuneration and social security | 45 | €600 | €4,000 | +€3,400 | +567% |
| Taxes | 450/3 | €600 | - | -€600 | |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €1,441 | €12,582 | +€11,141 | +773% |
| Remuneration, social security and pensions | 62 | €3,517 | €3,985 | +€469 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,478 | €20,482 | +€2,005 | +10.8% |
| Other operating charges | 640/8 | €2,956 | €3,199 | +€243 | +8.2% |
| Non-recurring operating charges | 66A | - | €32,621 | +€32,621 | |
| Gross operating margin | 9900 | €68,761 | €75,370 | +€6,608 | +9.6% |
| Operating profit (loss) | 9901 | €43,811 | €15,082 | -€28,729 | -65.6% |
| Financial charges | 65/66B | €5,972 | €4,923 | -€1,050 | -17.6% |
| Recurring financial charges | 65 | €5,972 | €4,923 | -€1,050 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €37,839 | €10,160 | -€27,679 | -73.1% |
| Income taxes | 67/77 | €12,600 | €737 | -€11,863 | -94.2% |
| Profit (loss) for the period | 9904 | €25,239 | €9,423 | -€15,816 | -62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,239 | €9,423 | -€15,816 | -62.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.