Raidillon: 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.
Raidillon
Largest movements
- Receivables within one year +€24,353
up €24,353 (+86.9%), from €28,020 to €52,373
of which Trade receivables: +€24,463
- Other debts +€37,656
up €37,656 (+224.8%), from €16,752 to €54,408
- Tax, wage and social debts +€7,486
up €7,486 (+40.6%), from €18,442 to €25,928
of which Taxes: +€7,036
- Debts after one year -€6,404
down €6,404 (-7.0%), from €91,778 to €85,374
- Current portion of long-term debt -€5,020
down €5,020 (-41.8%), from €12,011 to €6,990
- Advances received -€4,235
down €4,235 (-100.0%), from €4,235 to €0
- Gross operating margin +€28,468
up €28,468 (+190.2%), from €14,966 to €43,434
- Taxes +€6,304
up €6,304 (+393.6%), from €1,601 to €7,905
- Other operating charges +€760
up €760 (+2042.1%), from €37 to €798
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.
Cash bridge derived
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 | €177,707 | €202,844 | +€25,137 | +14.1% |
| Fixed assets | 21/28 | €2,757 | €2,214 | -€543 | -19.7% |
| Tangible fixed assets | 22/27 | €1,757 | €1,214 | -€543 | -30.9% |
| Plant, machinery and equipment | 23 | €1,757 | €1,214 | -€543 | -30.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €174,949 | €200,630 | +€25,680 | +14.7% |
| Amounts receivable after more than one year | 29 | €5,000 | €5,000 | = | 0.0% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €5,000 | €5,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €136,313 | €136,313 | = | 0.0% |
| Stocks | 30/36 | €136,313 | €136,313 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,020 | €52,373 | +€24,353 | +86.9% |
| Trade receivables | 40 | €27,910 | €52,373 | +€24,463 | +87.6% |
| Other amounts receivable | 41 | €110 | €0 | -€110 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,153 | €3,823 | -€330 | -7.9% |
| Deferred charges and accrued income | 490/1 | €1,463 | €3,120 | +€1,657 | +113.2% |
| Total equity and liabilities | 10/49 | €177,707 | €202,844 | +€25,137 | +14.1% |
| Equity | 10/15 | €32,585 | €29,669 | -€2,916 | -8.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €30,585 | €27,669 | -€2,916 | -9.5% |
| Distributable reserves | 133 | €30,585 | €27,669 | -€2,916 | -9.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €145,121 | €173,175 | +€28,053 | +19.3% |
| Amounts payable after more than one year | 17 | €91,778 | €85,374 | -€6,404 | -7.0% |
| Financial debts | 170/4 | €91,778 | €85,374 | -€6,404 | -7.0% |
| Amounts payable within one year | 42/48 | €53,343 | €87,800 | +€34,457 | +64.6% |
| Current portion of amounts payable after more than one year | 42 | €12,011 | €6,990 | -€5,020 | -41.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,904 | €474 | -€1,430 | -75.1% |
| Suppliers | 440/4 | €1,904 | €474 | -€1,430 | -75.1% |
| Advances received on contracts in progress | 46 | €4,235 | €0 | -€4,235 | -100.0% |
| Taxes, remuneration and social security | 45 | €18,442 | €25,928 | +€7,486 | +40.6% |
| Taxes | 450/3 | €15,247 | €22,283 | +€7,036 | +46.1% |
| Remuneration and social security | 454/9 | €3,195 | €3,645 | +€450 | +14.1% |
| Other amounts payable | 47/48 | €16,752 | €54,408 | +€37,656 | +224.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €543 | €543 | = | 0.0% |
| Other operating charges | 640/8 | €37 | €798 | +€760 | +2042.1% |
| Non-recurring operating charges | 66A | €2,374 | €0 | -€2,374 | -100.0% |
| Gross operating margin | 9900 | €14,966 | €43,434 | +€28,468 | +190.2% |
| Operating profit (loss) | 9901 | €12,012 | €42,093 | +€30,082 | +250.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €7,253 | €7,104 | -€149 | -2.0% |
| Recurring financial charges | 65 | €7,253 | €7,104 | -€149 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €4,759 | €34,989 | +€30,230 | +635.2% |
| Income taxes | 67/77 | €1,601 | €7,905 | +€6,304 | +393.6% |
| Profit (loss) for the period | 9904 | €3,158 | €27,084 | +€23,926 | +757.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,158 | €27,084 | +€23,926 | +757.7% |
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 9 October 2026 via checked.be.