RAIN: 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.
RAIN
Largest movements
- Current investments +€80,000
up €80,000 (+30.9%), from €259,000 to €339,000
- Receivables within one year -€66,258
down €66,258 (-40.5%), from €163,694 to €97,435
of which Trade receivables: -€83,169
- Deferred charges and accrued income +€50,086
up €50,086 (+1964.5%), from €2,550 to €52,635
- Cash -€6,867
down €6,867 (-13.7%), from €50,090 to €43,222
mainly Current investments (-€80,000) and Deferred charges and accrued income (-€50,086)
- Reserves +€57,822
up €57,822 (+12.9%), from €447,735 to €505,557
- Tax, wage and social debts -€28,177
down €28,177 (-61.0%), from €46,157 to €17,980
of which Taxes: -€27,090
- Advances received +€24,575
new in 2025: €24,575
- Gross operating margin -€47,232
down €47,232 (-32.4%), from €145,580 to €98,348
- Taxes -€14,974
down €14,974 (-39.1%), from €38,272 to €23,298
- Depreciation +€1,976
up €1,976 (+14.0%), from €14,137 to €16,113
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 | €502,962 | €554,963 | +€52,001 | +10.3% |
| Fixed assets | 21/28 | €27,629 | €22,670 | -€4,959 | -17.9% |
| Tangible fixed assets | 22/27 | €27,629 | €22,670 | -€4,959 | -17.9% |
| Furniture and vehicles | 24 | €10,138 | €7,940 | -€2,198 | -21.7% |
| Other tangible fixed assets | 26 | €17,491 | €14,730 | -€2,761 | -15.8% |
| Current assets | 29/58 | €475,333 | €532,293 | +€56,960 | +12.0% |
| Amounts receivable within one year | 40/41 | €163,694 | €97,435 | -€66,258 | -40.5% |
| Trade receivables | 40 | €129,986 | €46,817 | -€83,169 | -64.0% |
| Other amounts receivable | 41 | €33,707 | €50,618 | +€16,911 | +50.2% |
| Current investments | 50/53 | €259,000 | €339,000 | +€80,000 | +30.9% |
| Cash at bank and in hand | 54/58 | €50,090 | €43,222 | -€6,867 | -13.7% |
| Deferred charges and accrued income | 490/1 | €2,550 | €52,635 | +€50,086 | +1964.5% |
| Total equity and liabilities | 10/49 | €502,962 | €554,963 | +€52,001 | +10.3% |
| Equity | 10/15 | €452,735 | €510,557 | +€57,822 | +12.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €447,735 | €505,557 | +€57,822 | +12.9% |
| Distributable reserves | 133 | €447,735 | €505,557 | +€57,822 | +12.9% |
| Amounts payable | 17/49 | €50,227 | €44,406 | -€5,821 | -11.6% |
| Amounts payable within one year | 42/48 | €50,227 | €44,406 | -€5,821 | -11.6% |
| Trade debts | 44 | €4,070 | €1,850 | -€2,219 | -54.5% |
| Suppliers | 440/4 | €4,070 | €1,850 | -€2,219 | -54.5% |
| Advances received on contracts in progress | 46 | - | €24,575 | +€24,575 | |
| Taxes, remuneration and social security | 45 | €46,157 | €17,980 | -€28,177 | -61.0% |
| Taxes | 450/3 | €45,070 | €17,980 | -€27,090 | -60.1% |
| Remuneration and social security | 454/9 | €1,087 | - | -€1,087 | |
| Non-recurring operating income | 76A | - | €636 | +€636 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,137 | €16,113 | +€1,976 | +14.0% |
| Other operating charges | 640/8 | €1,020 | - | -€1,020 | |
| Non-recurring operating charges | 66A | €179 | €332 | +€152 | +85.1% |
| Gross operating margin | 9900 | €145,580 | €98,348 | -€47,232 | -32.4% |
| Operating profit (loss) | 9901 | €130,244 | €81,904 | -€48,340 | -37.1% |
| Financial charges | 65/66B | €865 | €784 | -€81 | -9.4% |
| Recurring financial charges | 65 | €815 | €594 | -€221 | -27.2% |
| Non-recurring financial charges | 66B | €50 | €190 | +€140 | +280.2% |
| Profit (loss) for the period before taxes | 9903 | €129,379 | €81,120 | -€48,259 | -37.3% |
| Income taxes | 67/77 | €38,272 | €23,298 | -€14,974 | -39.1% |
| Profit (loss) for the period | 9904 | €91,107 | €57,822 | -€33,285 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €91,107 | €57,822 | -€33,285 | -36.5% |
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.