RAIKKON: 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.
RAIKKON
Largest movements
- Cash +€72,925
up €72,925 (+224.7%), from €32,453 to €105,379
mainly Net result for the year (+€32,699) and Receivables within one year (+€21,275)
- Receivables within one year -€21,275
down €21,275 (-72.7%), from €29,283 to €8,008
of which Trade receivables: -€23,642
- Tangible fixed assets -€5,963
down €5,963 (-24.5%), from €24,340 to €18,377
- Deferred charges and accrued income +€1,363
up €1,363 (+80.4%), from €1,694 to €3,057
- Reserves +€32,699
up €32,699 (+59.3%), from €55,133 to €87,832
- Trade debts +€14,701
up €14,701 (+2693.2%), from €546 to €15,247
- Short-term financial debts +€7,836
up €7,836 (+511.4%), from €1,532 to €9,369
- Other debts -€7,275
down €7,275 (-57.6%), from €12,619 to €5,344
- Gross operating margin +€18,061
up €18,061 (+50.6%), from €35,709 to €53,771
- Taxes +€4,455
up €4,455 (+48.1%), from €9,263 to €13,718
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 | €87,771 | €134,821 | +€47,050 | +53.6% |
| Fixed assets | 21/28 | €24,340 | €18,377 | -€5,963 | -24.5% |
| Tangible fixed assets | 22/27 | €24,340 | €18,377 | -€5,963 | -24.5% |
| Plant, machinery and equipment | 23 | €24,340 | €18,377 | -€5,963 | -24.5% |
| Current assets | 29/58 | €63,431 | €116,444 | +€53,013 | +83.6% |
| Amounts receivable within one year | 40/41 | €29,283 | €8,008 | -€21,275 | -72.7% |
| Trade receivables | 40 | €28,999 | €5,357 | -€23,642 | -81.5% |
| Other amounts receivable | 41 | €284 | €2,651 | +€2,366 | +832.1% |
| Cash at bank and in hand | 54/58 | €32,453 | €105,379 | +€72,925 | +224.7% |
| Deferred charges and accrued income | 490/1 | €1,694 | €3,057 | +€1,363 | +80.4% |
| Total equity and liabilities | 10/49 | €87,771 | €134,821 | +€47,050 | +53.6% |
| Equity | 10/15 | €67,533 | €100,232 | +€32,699 | +48.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €55,133 | €87,832 | +€32,699 | +59.3% |
| Distributable reserves | 133 | €55,133 | €87,832 | +€32,699 | +59.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,238 | €34,589 | +€14,351 | +70.9% |
| Amounts payable within one year | 42/48 | €20,238 | €34,589 | +€14,351 | +70.9% |
| Financial debts | 43 | €1,532 | €9,369 | +€7,836 | +511.4% |
| Credit institutions | 430/8 | €1,532 | €9,369 | +€7,836 | +511.4% |
| Trade debts | 44 | €546 | €15,247 | +€14,701 | +2693.2% |
| Suppliers | 440/4 | €546 | €15,247 | +€14,701 | +2693.2% |
| Taxes, remuneration and social security | 45 | €5,540 | €4,629 | -€911 | -16.4% |
| Taxes | 450/3 | €5,540 | €1,000 | -€4,540 | -82.0% |
| Remuneration and social security | 454/9 | €0 | €3,629 | +€3,629 | |
| Other amounts payable | 47/48 | €12,619 | €5,344 | -€7,275 | -57.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,474 | €5,963 | +€489 | +8.9% |
| Other operating charges | 640/8 | €1,046 | €1,189 | +€143 | +13.7% |
| Gross operating margin | 9900 | €35,709 | €53,771 | +€18,061 | +50.6% |
| Operating profit (loss) | 9901 | €29,190 | €46,620 | +€17,430 | +59.7% |
| Financial income | 75/76B | €2 | €1 | -€1 | -45.6% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -45.6% |
| Financial charges | 65/66B | €567 | €204 | -€364 | -64.1% |
| Recurring financial charges | 65 | €567 | €204 | -€364 | -64.1% |
| Profit (loss) for the period before taxes | 9903 | €28,624 | €46,417 | +€17,793 | +62.2% |
| Income taxes | 67/77 | €9,263 | €13,718 | +€4,455 | +48.1% |
| Profit (loss) for the period | 9904 | €19,361 | €32,699 | +€13,338 | +68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,361 | €32,699 | +€13,338 | +68.9% |
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.