RAINBOW ACTIVITIES: 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.
RAINBOW ACTIVITIES
Largest movements
- Cash +€90,511
up €90,511 (+76.9%), from €117,649 to €208,160
mainly Net result for the year (+€83,006) and Depreciation (+€58,824)
- Tangible fixed assets -€58,824
down €58,824 (-9.2%), from €638,388 to €579,564
of which Land and buildings: -€36,470
- Profit (loss) carried forward +€83,006
up €83,006 (+31.9%), from €260,301 to €343,308
- Debts after one year -€58,180
down €58,180 (-33.9%), from €171,559 to €113,379
- Gross operating margin -€5,378
down €5,378 (-2.8%), from €190,864 to €185,486
- Depreciation +€3,410
up €3,410 (+6.2%), from €55,415 to €58,824
- Taxes -€1,926
down €1,926 (-6.4%), from €30,050 to €28,124
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 | €763,986 | €792,066 | +€28,079 | +3.7% |
| Fixed assets | 21/28 | €638,495 | €579,671 | -€58,824 | -9.2% |
| Tangible fixed assets | 22/27 | €638,388 | €579,564 | -€58,824 | -9.2% |
| Land and buildings | 22 | €541,498 | €505,028 | -€36,470 | -6.7% |
| Furniture and vehicles | 24 | €96,891 | €74,537 | -€22,354 | -23.1% |
| Financial fixed assets | 28 | €107 | €107 | = | 0.0% |
| Current assets | 29/58 | €125,491 | €212,395 | +€86,904 | +69.3% |
| Cash at bank and in hand | 54/58 | €117,649 | €208,160 | +€90,511 | +76.9% |
| Deferred charges and accrued income | 490/1 | €7,842 | €4,235 | -€3,607 | -46.0% |
| Total equity and liabilities | 10/49 | €763,986 | €792,066 | +€28,079 | +3.7% |
| Equity | 10/15 | €503,153 | €586,160 | +€83,006 | +16.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €50,276 | €50,276 | = | 0.0% |
| Reserves | 13 | €130,575 | €130,575 | = | 0.0% |
| Non-distributable reserves | 130/1 | €119,957 | €119,957 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €113,757 | €113,757 | = | 0.0% |
| Distributable reserves | 133 | €10,618 | €10,618 | = | 0.0% |
| Profit (loss) carried forward | 14 | €260,301 | €343,308 | +€83,006 | +31.9% |
| Amounts payable | 17/49 | €260,833 | €205,906 | -€54,927 | -21.1% |
| Amounts payable after more than one year | 17 | €171,559 | €113,379 | -€58,180 | -33.9% |
| Financial debts | 170/4 | €171,559 | €113,379 | -€58,180 | -33.9% |
| Amounts payable within one year | 42/48 | €87,124 | €88,617 | +€1,493 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €56,376 | €58,180 | +€1,804 | +3.2% |
| Trade debts | 44 | - | €66 | +€66 | |
| Suppliers | 440/4 | - | €66 | +€66 | |
| Taxes, remuneration and social security | 45 | €4,878 | €8,076 | +€3,198 | +65.6% |
| Taxes | 450/3 | €4,878 | €8,076 | +€3,198 | +65.6% |
| Other amounts payable | 47/48 | €25,870 | €22,295 | -€3,575 | -13.8% |
| Accrued charges and deferred income | 492/3 | €2,150 | €3,910 | +€1,760 | +81.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,415 | €58,824 | +€3,410 | +6.2% |
| Other operating charges | 640/8 | €8,767 | €9,349 | +€581 | +6.6% |
| Gross operating margin | 9900 | €190,864 | €185,486 | -€5,378 | -2.8% |
| Operating profit (loss) | 9901 | €126,682 | €117,313 | -€9,369 | -7.4% |
| Financial income | 75/76B | €982 | €162 | -€820 | -83.5% |
| Recurring financial income | 75 | €982 | €162 | -€820 | -83.5% |
| Financial charges | 65/66B | €8,147 | €6,345 | -€1,803 | -22.1% |
| Recurring financial charges | 65 | €8,147 | €6,345 | -€1,803 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €119,517 | €111,131 | -€8,386 | -7.0% |
| Income taxes | 67/77 | €30,050 | €28,124 | -€1,926 | -6.4% |
| Profit (loss) for the period | 9904 | €89,467 | €83,006 | -€6,460 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €89,467 | €83,006 | -€6,460 | -7.2% |
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 4 October 2026 via checked.be.