RaiaTwinz: 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.
RaiaTwinz
Largest movements
- Tangible fixed assets +€43,391
up €43,391 (+102%), from €42,447 to €85,838
of which Furniture and vehicles: +€54,865
- Receivables within one year +€23,061
up €23,061 (+66.7%), from €34,554 to €57,615
of which Other amounts receivable: +€28,888
- Cash -€4,254
down €4,254 (-33.1%), from €12,870 to €8,617
mainly Investment in fixed assets (net) (-€62,115) and Receivables within one year (-€23,061)
- Profit (loss) carried forward +€33,039
up €33,039 (+293%), from €11,264 to €44,303
- Debts after one year +€20,653
up €20,653 (+82.5%), from €25,036 to €45,689
- Other debts -€13,753
down €13,753 (-92.0%), from €14,956 to €1,203
- Current portion of long-term debt +€11,384
up €11,384 (+119%), from €9,551 to €20,935
- Tax, wage and social debts +€7,885
up €7,885 (+83.7%), from €9,425 to €17,310
- Gross operating margin +€41,099
up €41,099 (+149%), from €27,604 to €68,703
- Depreciation +€7,966
up €7,966 (+74.0%), from €10,758 to €18,724
- Taxes +€6,264
up €6,264 (+141%), from €4,440 to €10,704
- Financial charges +€822
up €822 (+30.5%), from €2,691 to €3,513
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 | €90,591 | €152,928 | +€62,337 | +68.8% |
| Fixed assets | 21/28 | €42,947 | €86,338 | +€43,391 | +101% |
| Tangible fixed assets | 22/27 | €42,447 | €85,838 | +€43,391 | +102% |
| Plant, machinery and equipment | 23 | €2,181 | €1,448 | -€732 | -33.6% |
| Furniture and vehicles | 24 | - | €54,865 | +€54,865 | |
| Leasing and similar rights | 25 | €40,266 | €29,524 | -€10,742 | -26.7% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €47,644 | €66,590 | +€18,946 | +39.8% |
| Amounts receivable within one year | 40/41 | €34,554 | €57,615 | +€23,061 | +66.7% |
| Trade receivables | 40 | €34,369 | €28,542 | -€5,827 | -17.0% |
| Other amounts receivable | 41 | €186 | €29,074 | +€28,888 | +15,561% |
| Cash at bank and in hand | 54/58 | €12,870 | €8,617 | -€4,254 | -33.1% |
| Deferred charges and accrued income | 490/1 | €219 | €358 | +€139 | +63.5% |
| Total equity and liabilities | 10/49 | €90,591 | €152,928 | +€62,337 | +68.8% |
| Equity | 10/15 | €14,264 | €47,303 | +€33,039 | +232% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,264 | €44,303 | +€33,039 | +293% |
| Amounts payable | 17/49 | €76,326 | €105,625 | +€29,299 | +38.4% |
| Amounts payable after more than one year | 17 | €25,036 | €45,689 | +€20,653 | +82.5% |
| Financial debts | 170/4 | €25,036 | €45,689 | +€20,653 | +82.5% |
| Amounts payable within one year | 42/48 | €51,291 | €59,936 | +€8,645 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €9,551 | €20,935 | +€11,384 | +119% |
| Trade debts | 44 | €17,360 | €19,444 | +€2,084 | +12.0% |
| Suppliers | 440/4 | €17,360 | €19,444 | +€2,084 | +12.0% |
| Advances received on contracts in progress | 46 | - | €1,045 | +€1,045 | |
| Taxes, remuneration and social security | 45 | €9,425 | €17,310 | +€7,885 | +83.7% |
| Taxes | 450/3 | €9,425 | €17,310 | +€7,885 | +83.7% |
| Other amounts payable | 47/48 | €14,956 | €1,203 | -€13,753 | -92.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,758 | €18,724 | +€7,966 | +74.0% |
| Other operating charges | 640/8 | €1,367 | €1,432 | +€64 | +4.7% |
| Gross operating margin | 9900 | €27,604 | €68,703 | +€41,099 | +149% |
| Operating profit (loss) | 9901 | €15,479 | €48,547 | +€33,069 | +214% |
| Financial income | 75/76B | €719 | €427 | -€292 | -40.6% |
| Recurring financial income | 75 | €719 | €427 | -€292 | -40.6% |
| Financial charges | 65/66B | €2,691 | €3,513 | +€822 | +30.5% |
| Recurring financial charges | 65 | €2,691 | €3,513 | +€822 | +30.5% |
| Profit (loss) for the period before taxes | 9903 | €13,506 | €45,461 | +€31,955 | +237% |
| Income taxes | 67/77 | €4,440 | €10,704 | +€6,264 | +141% |
| Profit (loss) for the period | 9904 | €9,066 | €34,757 | +€25,691 | +283% |
| Profit (loss) for the period to be appropriated | 9905 | €9,066 | €34,757 | +€25,691 | +283% |
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 28 October 2026 via checked.be.