RAINERI: 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.
RAINERI
Largest movements
- Cash -€133,128
down €133,128 (-27.6%), from €482,274 to €349,147
mainly Trade debts (-€155,497) and Net result for the year (-€81,415)
- Tangible fixed assets -€57,972
down €57,972 (-20.6%), from €281,300 to €223,328
- Receivables within one year -€39,089
down €39,089 (-4.1%), from €955,241 to €916,152
of which Other amounts receivable: -€21,735
- Trade debts -€155,497
down €155,497 (-22.9%), from €679,819 to €524,322
- Profit (loss) carried forward -€81,415
down €81,415 (-46.8%), from -€174,129 to -€255,544
- Staff costs +€49,252
up €49,252 (+8.6%), from €570,765 to €620,017
- Gross operating margin +€32,535
up €32,535 (+5.6%), from €582,549 to €615,084
- Depreciation -€12,316
down €12,316 (-16.1%), from €76,623 to €64,306
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 | €1,956,625 | €1,708,066 | -€248,559 | -12.7% |
| Fixed assets | 21/28 | €281,300 | €223,328 | -€57,972 | -20.6% |
| Tangible fixed assets | 22/27 | €281,300 | €223,328 | -€57,972 | -20.6% |
| Land and buildings | 22 | €142,259 | €117,249 | -€25,010 | -17.6% |
| Plant, machinery and equipment | 23 | €83,983 | €65,948 | -€18,035 | -21.5% |
| Furniture and vehicles | 24 | €50,448 | €37,470 | -€12,978 | -25.7% |
| Other tangible fixed assets | 26 | €4,610 | €2,660 | -€1,950 | -42.3% |
| Current assets | 29/58 | €1,675,325 | €1,484,738 | -€190,586 | -11.4% |
| Stocks and contracts in progress | 3 | €207,110 | €194,328 | -€12,782 | -6.2% |
| Stocks | 30/36 | €207,110 | €194,328 | -€12,782 | -6.2% |
| Amounts receivable within one year | 40/41 | €955,241 | €916,152 | -€39,089 | -4.1% |
| Trade receivables | 40 | €693,189 | €675,835 | -€17,353 | -2.5% |
| Other amounts receivable | 41 | €262,052 | €240,317 | -€21,735 | -8.3% |
| Cash at bank and in hand | 54/58 | €482,274 | €349,147 | -€133,128 | -27.6% |
| Deferred charges and accrued income | 490/1 | €30,699 | €25,111 | -€5,588 | -18.2% |
| Total equity and liabilities | 10/49 | €1,956,625 | €1,708,066 | -€248,559 | -12.7% |
| Equity | 10/15 | €1,200,736 | €1,119,321 | -€81,415 | -6.8% |
| Contributions | 10/11 | €918,500 | €918,500 | = | 0.0% |
| Reserves | 13 | €456,365 | €456,365 | = | 0.0% |
| Non-distributable reserves | 130/1 | €28,951 | €28,951 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €28,951 | +€28,951 | |
| Own shares acquired | 1312 | €28,951 | - | -€28,951 | |
| Tax-exempt reserves | 132 | €47,500 | €47,500 | = | 0.0% |
| Distributable reserves | 133 | €379,915 | €379,915 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€174,129 | -€255,544 | -€81,415 | -46.8% |
| Amounts payable | 17/49 | €755,888 | €588,745 | -€167,144 | -22.1% |
| Amounts payable within one year | 42/48 | €755,888 | €588,745 | -€167,144 | -22.1% |
| Trade debts | 44 | €679,819 | €524,322 | -€155,497 | -22.9% |
| Suppliers | 440/4 | €679,819 | €524,322 | -€155,497 | -22.9% |
| Taxes, remuneration and social security | 45 | €69,125 | €55,787 | -€13,338 | -19.3% |
| Taxes | 450/3 | €9,032 | €6,491 | -€2,541 | -28.1% |
| Remuneration and social security | 454/9 | €60,093 | €49,296 | -€10,797 | -18.0% |
| Other amounts payable | 47/48 | €6,944 | €8,636 | +€1,692 | +24.4% |
| Remuneration, social security and pensions | 62 | €570,765 | €620,017 | +€49,252 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,623 | €64,306 | -€12,316 | -16.1% |
| Other operating charges | 640/8 | €10,325 | €10,066 | -€259 | -2.5% |
| Gross operating margin | 9900 | €582,549 | €615,084 | +€32,535 | +5.6% |
| Operating profit (loss) | 9901 | -€75,164 | -€79,306 | -€4,142 | -5.5% |
| Financial income | 75/76B | €155 | €5,209 | +€5,054 | +3254.2% |
| Recurring financial income | 75 | €155 | €746 | +€591 | +380.6% |
| Non-recurring financial income | 76B | - | €4,463 | +€4,463 | |
| Financial charges | 65/66B | €5,887 | €6,811 | +€923 | +15.7% |
| Recurring financial charges | 65 | €5,887 | €6,811 | +€923 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | -€80,896 | -€80,907 | -€11 | 0.0% |
| Income taxes | 67/77 | €378 | €508 | +€130 | +34.5% |
| Profit (loss) for the period | 9904 | -€81,274 | -€81,415 | -€141 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€81,274 | -€81,415 | -€141 | -0.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.