RAIMO: what changed
Two fiscal 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.
RAIMO
Largest movements
- Deferred charges and accrued income +€4,350
new in 2025: €4,350
- Tangible fixed assets -€3,122
down €3,122 (-5.5%), from €56,765 to €53,643
of which Land and buildings: -€2,370
- Cash +€1,754
up €1,754 (+15.8%), from €11,085 to €12,839
mainly Depreciation (+€3,122) and Net result for the year (+€2,379)
- Receivables within one year -€1,292
down €1,292 (-15.8%), from €8,157 to €6,864
of which Trade receivables: -€1,974
- Reserves +€2,379
up €2,379 (+4.2%), from €56,725 to €59,104
of which Distributable reserves: +€2,379
- Gross operating margin -€1,652
down €1,652 (-12.7%), from €13,057 to €11,405
- Other operating charges -€489
down €489 (-11.3%), from €4,339 to €3,850
- Depreciation +€217
up €217 (+7.5%), from €2,905 to €3,122
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 | €76,007 | €77,696 | +€1,689 | +2.2% |
| Fixed assets | 21/28 | €56,765 | €53,643 | -€3,122 | -5.5% |
| Tangible fixed assets | 22/27 | €56,765 | €53,643 | -€3,122 | -5.5% |
| Land and buildings | 22 | €50,477 | €48,106 | -€2,370 | -4.7% |
| Plant, machinery and equipment | 23 | €6,289 | €5,537 | -€752 | -12.0% |
| Current assets | 29/58 | €19,241 | €24,053 | +€4,812 | +25.0% |
| Amounts receivable within one year | 40/41 | €8,157 | €6,864 | -€1,292 | -15.8% |
| Trade receivables | 40 | €1,974 | - | -€1,974 | |
| Other amounts receivable | 41 | €6,182 | €6,864 | +€682 | +11.0% |
| Cash at bank and in hand | 54/58 | €11,085 | €12,839 | +€1,754 | +15.8% |
| Deferred charges and accrued income | 490/1 | - | €4,350 | +€4,350 | |
| Total equity and liabilities | 10/49 | €76,007 | €77,696 | +€1,689 | +2.2% |
| Equity | 10/15 | €75,317 | €77,696 | +€2,379 | +3.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €56,725 | €59,104 | +€2,379 | +4.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,289 | €12,289 | = | 0.0% |
| Distributable reserves | 133 | €42,577 | €44,956 | +€2,379 | +5.6% |
| Amounts payable | 17/49 | €690 | - | -€690 | |
| Amounts payable within one year | 42/48 | €690 | - | -€690 | |
| Trade debts | 44 | €690 | - | -€690 | |
| Suppliers | 440/4 | €690 | - | -€690 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,905 | €3,122 | +€217 | +7.5% |
| Other operating charges | 640/8 | €4,339 | €3,850 | -€489 | -11.3% |
| Non-recurring operating charges | 66A | - | €1,974 | +€1,974 | |
| Gross operating margin | 9900 | €13,057 | €11,405 | -€1,652 | -12.7% |
| Operating profit (loss) | 9901 | €5,814 | €2,458 | -€3,355 | -57.7% |
| Financial charges | 65/66B | €98 | €79 | -€19 | -19.0% |
| Recurring financial charges | 65 | €98 | €79 | -€19 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €5,716 | €2,379 | -€3,337 | -58.4% |
| Profit (loss) for the period | 9904 | €5,716 | €2,379 | -€3,337 | -58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,716 | €2,379 | -€3,337 | -58.4% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.