Raineri1956: 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.
Raineri1956
Largest movements
- Receivables within one year -€104,433
down €104,433 (-8.0%), from €1.3m to €1.2m
of which Trade receivables: -€104,827
- Financial fixed assets -€79,594
down €79,594 (-8.5%), from €939,787 to €860,193
- Tangible fixed assets -€73,152
down €73,152 (-8.1%), from €904,532 to €831,380
of which Land and buildings: -€68,866
- Tax, wage and social debts -€283,757
down €283,757 (-93.4%), from €303,965 to €20,207
- Reserves +€51,809
up €51,809 (+2.8%), from €1.9m to €1.9m
of which Distributable reserves: +€51,809
- Trade debts -€35,432
down €35,432 (-6.3%), from €566,412 to €530,980
- Gross operating margin -€1.2m
down €1.2m (-88.6%), from €1.4m to €155,243
- Taxes -€279,232
down €279,232 (-91.8%), from €304,327 to €25,095
- Staff costs -€191,308
no longer reported in 2025 (was €191,308)
- Other operating charges -€88,263
down €88,263 (-86.0%), from €102,673 to €14,409
- Write-downs -€63,476
down €63,476 (-82.6%), from €76,887 to €13,412
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.
Derived cash bridge
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 | €3,231,648 | €2,949,277 | -€282,371 | -8.7% |
| Fixed assets | 21/28 | €1,844,319 | €1,691,573 | -€152,747 | -8.3% |
| Tangible fixed assets | 22/27 | €904,532 | €831,380 | -€73,152 | -8.1% |
| Land and buildings | 22 | €888,220 | €819,353 | -€68,866 | -7.8% |
| Plant, machinery and equipment | 23 | €2,239 | €1,443 | -€796 | -35.5% |
| Furniture and vehicles | 24 | €14,073 | €10,583 | -€3,490 | -24.8% |
| Financial fixed assets | 28 | €939,787 | €860,193 | -€79,594 | -8.5% |
| Current assets | 29/58 | €1,387,329 | €1,257,705 | -€129,624 | -9.3% |
| Amounts receivable within one year | 40/41 | €1,305,543 | €1,201,110 | -€104,433 | -8.0% |
| Trade receivables | 40 | €1,302,297 | €1,197,470 | -€104,827 | -8.0% |
| Other amounts receivable | 41 | €3,246 | €3,640 | +€395 | +12.2% |
| Cash at bank and in hand | 54/58 | €81,787 | €50,450 | -€31,337 | -38.3% |
| Deferred charges and accrued income | 490/1 | - | €6,145 | +€6,145 | |
| Total equity and liabilities | 10/49 | €3,231,648 | €2,949,277 | -€282,371 | -8.7% |
| Equity | 10/15 | €2,179,553 | €2,231,362 | +€51,809 | +2.4% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €1,879,553 | €1,931,362 | +€51,809 | +2.8% |
| Non-distributable reserves | 130/1 | €20,304 | €20,304 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,304 | €20,304 | = | 0.0% |
| Distributable reserves | 133 | €1,859,249 | €1,911,058 | +€51,809 | +2.8% |
| Amounts payable | 17/49 | €1,052,096 | €717,915 | -€334,180 | -31.8% |
| Amounts payable within one year | 42/48 | €1,052,096 | €717,915 | -€334,180 | -31.8% |
| Current portion of amounts payable after more than one year | 42 | €4,113 | - | -€4,113 | |
| Trade debts | 44 | €566,412 | €530,980 | -€35,432 | -6.3% |
| Suppliers | 440/4 | €566,412 | €530,980 | -€35,432 | -6.3% |
| Advances received on contracts in progress | 46 | €3,183 | €3,183 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €303,965 | €20,207 | -€283,757 | -93.4% |
| Taxes | 450/3 | €303,965 | €20,207 | -€283,757 | -93.4% |
| Other amounts payable | 47/48 | €174,424 | €163,545 | -€10,878 | -6.2% |
| Non-recurring operating income | 76A | €916,971 | - | -€916,971 | |
| Remuneration, social security and pensions | 62 | €191,308 | - | -€191,308 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,040 | €73,152 | +€112 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €76,887 | €13,412 | -€63,476 | -82.6% |
| Other operating charges | 640/8 | €102,673 | €14,409 | -€88,263 | -86.0% |
| Gross operating margin | 9900 | €1,363,861 | €155,243 | -€1.2m | -88.6% |
| Operating profit (loss) | 9901 | €919,953 | €54,270 | -€865,683 | -94.1% |
| Financial income | 75/76B | €7,976 | €25,832 | +€17,856 | +224% |
| Recurring financial income | 75 | €7,976 | €25,832 | +€17,856 | +224% |
| Financial charges | 65/66B | €33,397 | €3,197 | -€30,200 | -90.4% |
| Recurring financial charges | 65 | €33,397 | €3,197 | -€30,200 | -90.4% |
| Profit (loss) for the period before taxes | 9903 | €894,532 | €76,904 | -€817,627 | -91.4% |
| Income taxes | 67/77 | €304,327 | €25,095 | -€279,232 | -91.8% |
| Profit (loss) for the period | 9904 | €590,205 | €51,809 | -€538,396 | -91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €590,205 | €51,809 | -€538,396 | -91.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.