RAINBOW AND SUN: 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 AND SUN
Largest movements
- Intangible fixed assets +€55,164
new in 2025: €55,164
- Receivables within one year -€13,073
no longer reported in 2025 (was €13,073)
- Cash -€10,801
down €10,801 (-56.3%), from €19,201 to €8,400
mainly Investment in fixed assets (net) (-€58,682) and Tax, wage and social debts (-€4,286)
- Other debts +€22,158
new in 2025: €22,158
- Reserves +€13,478
new in 2025: €13,478
- Tax, wage and social debts -€4,286
down €4,286 (-20.2%), from €21,259 to €16,973
of which Remuneration and social security: -€5,500
- Gross operating margin +€12,585
up €12,585 (+116.0%), from €10,854 to €23,439
- Depreciation +€3,518
new in 2025: €3,518
- Taxes +€3,183
up €3,183 (+119.5%), from €2,665 to €5,848
- Financial charges +€346
up €346 (+204.3%), from €169 to €516
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 | €32,274 | €63,565 | +€31,290 | +96.9% |
| Fixed assets | 21/28 | - | €55,164 | +€55,164 | |
| Intangible fixed assets | 21 | - | €55,164 | +€55,164 | |
| Current assets | 29/58 | €32,274 | €8,400 | -€23,874 | -74.0% |
| Amounts receivable within one year | 40/41 | €13,073 | - | -€13,073 | |
| Other amounts receivable | 41 | €13,073 | - | -€13,073 | |
| Cash at bank and in hand | 54/58 | €19,201 | €8,400 | -€10,801 | -56.3% |
| Total equity and liabilities | 10/49 | €32,274 | €63,565 | +€31,290 | +96.9% |
| Equity | 10/15 | €10,519 | €23,997 | +€13,478 | +128.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €13,478 | +€13,478 | |
| Non-distributable reserves | 130/1 | - | €13,478 | +€13,478 | |
| Other | 1319 | - | €13,478 | +€13,478 | |
| Profit (loss) carried forward | 14 | €8,019 | €8,019 | = | 0.0% |
| Amounts payable | 17/49 | €21,755 | €39,568 | +€17,813 | +81.9% |
| Amounts payable within one year | 42/48 | €21,755 | €39,568 | +€17,813 | +81.9% |
| Trade debts | 44 | €497 | €436 | -€60 | -12.1% |
| Suppliers | 440/4 | €497 | €436 | -€60 | -12.1% |
| Taxes, remuneration and social security | 45 | €21,259 | €16,973 | -€4,286 | -20.2% |
| Taxes | 450/3 | €14,259 | €15,473 | +€1,214 | +8.5% |
| Remuneration and social security | 454/9 | €7,000 | €1,500 | -€5,500 | -78.6% |
| Other amounts payable | 47/48 | - | €22,158 | +€22,158 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,518 | +€3,518 | |
| Non-recurring operating charges | 66A | - | €80 | +€80 | |
| Gross operating margin | 9900 | €10,854 | €23,439 | +€12,585 | +116.0% |
| Operating profit (loss) | 9901 | €10,854 | €19,841 | +€8,988 | +82.8% |
| Financial charges | 65/66B | €169 | €516 | +€346 | +204.3% |
| Recurring financial charges | 65 | €169 | €516 | +€346 | +204.3% |
| Profit (loss) for the period before taxes | 9903 | €10,684 | €19,326 | +€8,642 | +80.9% |
| Income taxes | 67/77 | €2,665 | €5,848 | +€3,183 | +119.5% |
| Profit (loss) for the period | 9904 | €8,019 | €13,478 | +€5,458 | +68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,019 | €13,478 | +€5,458 | +68.1% |
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 5 October 2026 via checked.be.