RAINBOW ESTATE: 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.
RAINBOW ESTATE
Largest movements
- Cash -€154,766
down €154,766 (-99.5%), from €155,530 to €765
mainly Short-term financial debts (-€150,000) and Net result for the year (-€11,929)
- Tangible fixed assets -€13,916
down €13,916 (-4.5%), from €307,974 to €294,058
of which Land and buildings: -€13,060
- Short-term financial debts -€150,000
no longer reported in 2026 (was €150,000)
- Profit (loss) carried forward -€11,929
down €11,929 (-7.6%), from €156,536 to €144,607
- Gross operating margin +€13,086
up €13,086, from -€6,666 to €6,420
- Financial income -€9,087
down €9,087 (-71.4%), from €12,720 to €3,632
- Financial charges -€7,485
down €7,485 (-68.2%), from €10,978 to €3,493
- Other operating charges -€1,199
down €1,199 (-33.4%), from €3,596 to €2,396
- Depreciation +€1,111
up €1,111 (+7.5%), from €14,729 to €15,840
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €548,993 | €385,679 | -€163,314 | -29.7% |
| Fixed assets | 21/28 | €307,974 | €294,058 | -€13,916 | -4.5% |
| Tangible fixed assets | 22/27 | €307,974 | €294,058 | -€13,916 | -4.5% |
| Land and buildings | 22 | €299,860 | €286,800 | -€13,060 | -4.4% |
| Plant, machinery and equipment | 23 | €201 | €415 | +€215 | +107% |
| Furniture and vehicles | 24 | €7,914 | €6,843 | -€1,071 | -13.5% |
| Current assets | 29/58 | €241,020 | €91,622 | -€149,398 | -62.0% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,489 | €40,857 | +€5,368 | +15.1% |
| Trade receivables | 40 | - | €467 | +€467 | |
| Other amounts receivable | 41 | €35,489 | €40,390 | +€4,900 | +13.8% |
| Cash at bank and in hand | 54/58 | €155,530 | €765 | -€154,766 | -99.5% |
| Total equity and liabilities | 10/49 | €548,993 | €385,679 | -€163,314 | -29.7% |
| Equity | 10/15 | €394,707 | €382,778 | -€11,929 | -3.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €176,197 | €176,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €170,000 | €170,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €156,536 | €144,607 | -€11,929 | -7.6% |
| Amounts payable | 17/49 | €154,287 | €2,902 | -€151,385 | -98.1% |
| Amounts payable within one year | 42/48 | €154,287 | €2,902 | -€151,385 | -98.1% |
| Financial debts | 43 | €150,000 | - | -€150,000 | |
| Credit institutions | 430/8 | €150,000 | - | -€150,000 | |
| Trade debts | 44 | €3,910 | €2,658 | -€1,252 | -32.0% |
| Suppliers | 440/4 | €3,910 | €2,658 | -€1,252 | -32.0% |
| Taxes, remuneration and social security | 45 | €377 | €244 | -€133 | -35.4% |
| Taxes | 450/3 | €377 | €244 | -€133 | -35.4% |
| Non-recurring operating income | 76A | €13,239 | €13,500 | +€261 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,729 | €15,840 | +€1,111 | +7.5% |
| Other operating charges | 640/8 | €3,596 | €2,396 | -€1,199 | -33.4% |
| Gross operating margin | 9900 | -€6,666 | €6,420 | +€13,086 | |
| Operating profit (loss) | 9901 | -€24,991 | -€11,817 | +€13,174 | +52.7% |
| Financial income | 75/76B | €12,720 | €3,632 | -€9,087 | -71.4% |
| Recurring financial income | 75 | €12,720 | €3,632 | -€9,087 | -71.4% |
| Financial charges | 65/66B | €10,978 | €3,493 | -€7,485 | -68.2% |
| Recurring financial charges | 65 | €10,978 | €3,493 | -€7,485 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | -€23,249 | -€11,677 | +€11,572 | +49.8% |
| Income taxes | 67/77 | €377 | €251 | -€125 | -33.3% |
| Profit (loss) for the period | 9904 | -€23,626 | -€11,929 | +€11,697 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,626 | -€11,929 | +€11,697 | +49.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.