RAILLINER: 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.
RAILLINER
Largest movements
- Receivables within one year -€25,500
down €25,500 (-100.0%), from €25,500 to €0
- Trade debts -€50,957
down €50,957 (-95.1%), from €53,576 to €2,618
- Profit (loss) carried forward +€16,418
up €16,418 (+0.7%), from -€2.2m to -€2.2m
- Other debts +€9,032
up €9,032 (+17.1%), from €52,890 to €61,922
- Other operating charges +€64,784
up €64,784 (+10746.5%), from €603 to €65,387
- Write-downs -€64,768
new in 2025: -€64,768
- Gross operating margin +€27,077
up €27,077, from -€8,476 to €18,601
- Financial charges -€543
down €543 (-25.8%), from €2,106 to €1,563
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 | €25,555 | €48 | -€25,507 | -99.8% |
| Current assets | 29/58 | €25,555 | €48 | -€25,507 | -99.8% |
| Amounts receivable within one year | 40/41 | €25,500 | €0 | -€25,500 | -100.0% |
| Trade receivables | 40 | €25,500 | €0 | -€25,500 | -100.0% |
| Cash at bank and in hand | 54/58 | €55 | €48 | -€7 | -12.3% |
| Total equity and liabilities | 10/49 | €25,555 | €48 | -€25,507 | -99.8% |
| Equity | 10/15 | -€2,080,910 | -€2,064,492 | +€16,418 | +0.8% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €12,400 | €12,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,217,310 | -€2,200,892 | +€16,418 | +0.7% |
| Amounts payable | 17/49 | €2,106,465 | €2,064,540 | -€41,925 | -2.0% |
| Amounts payable after more than one year | 17 | €2,000,000 | €2,000,000 | = | 0.0% |
| Other amounts payable | 178/9 | €2,000,000 | €2,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €106,465 | €64,540 | -€41,925 | -39.4% |
| Trade debts | 44 | €53,576 | €2,618 | -€50,957 | -95.1% |
| Suppliers | 440/4 | €53,576 | €2,618 | -€50,957 | -95.1% |
| Other amounts payable | 47/48 | €52,890 | €61,922 | +€9,032 | +17.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€64,768 | -€64,768 | |
| Other operating charges | 640/8 | €603 | €65,387 | +€64,784 | +10746.5% |
| Gross operating margin | 9900 | -€8,476 | €18,601 | +€27,077 | |
| Operating profit (loss) | 9901 | -€9,079 | €17,982 | +€27,061 | |
| Financial charges | 65/66B | €2,106 | €1,563 | -€543 | -25.8% |
| Recurring financial charges | 65 | €2,106 | €1,563 | -€543 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,185 | €16,418 | +€27,604 | |
| Profit (loss) for the period | 9904 | -€11,185 | €16,418 | +€27,604 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,185 | €16,418 | +€27,604 |
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 11 October 2026 via checked.be.