Rainier'S: 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.
Rainier'S
Largest movements
- Tangible fixed assets -€9,680
down €9,680 (-18.8%), from €51,553 to €41,873
of which Furniture and vehicles: -€9,873
- Cash -€1,338
down €1,338 (-3.5%), from €38,117 to €36,779
mainly Advances received (-€17,480) and Tax, wage and social debts (-€15,490)
- Profit (loss) carried forward +€27,959
up €27,959, from -€18,982 to €8,978
- Advances received -€17,480
down €17,480 (-61.6%), from €28,390 to €10,910
- Tax, wage and social debts -€15,490
down €15,490 (-69.1%), from €22,416 to €6,926
- Debts after one year -€9,900
down €9,900 (-79.8%), from €12,400 to €2,500
- Other debts +€9,291
up €9,291 (+1,280%), from €726 to €10,017
- Gross operating margin +€30,101
up €30,101 (+141%), from €21,408 to €51,509
- Taxes -€16,104
down €16,104 (-90.5%), from €17,792 to €1,688
- Other operating charges -€1,173
down €1,173 (-27.9%), from €4,201 to €3,028
- Depreciation +€541
up €541 (+3.0%), from €17,895 to €18,435
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,525 | €101,937 | -€10,588 | -9.4% |
| Fixed assets | 21/28 | €51,553 | €41,873 | -€9,680 | -18.8% |
| Tangible fixed assets | 22/27 | €51,553 | €41,873 | -€9,680 | -18.8% |
| Land and buildings | 22 | - | €5,944 | +€5,944 | |
| Plant, machinery and equipment | 23 | €6,001 | €5,175 | -€827 | -13.8% |
| Furniture and vehicles | 24 | €18,348 | €8,475 | -€9,873 | -53.8% |
| Other tangible fixed assets | 26 | €27,203 | €22,279 | -€4,925 | -18.1% |
| Current assets | 29/58 | €60,972 | €60,064 | -€908 | -1.5% |
| Amounts receivable within one year | 40/41 | €20,395 | €20,945 | +€550 | +2.7% |
| Trade receivables | 40 | €20,109 | €20,642 | +€533 | +2.6% |
| Other amounts receivable | 41 | €286 | €303 | +€17 | +6.1% |
| Cash at bank and in hand | 54/58 | €38,117 | €36,779 | -€1,338 | -3.5% |
| Deferred charges and accrued income | 490/1 | €2,460 | €2,340 | -€120 | -4.9% |
| Total equity and liabilities | 10/49 | €112,525 | €101,937 | -€10,588 | -9.4% |
| Equity | 10/15 | €36,478 | €64,438 | +€27,959 | +76.6% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €36,860 | €35,000 | -€1,860 | -5.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,982 | €8,978 | +€27,959 | |
| Amounts payable | 17/49 | €76,047 | €37,499 | -€38,547 | -50.7% |
| Amounts payable after more than one year | 17 | €12,400 | €2,500 | -€9,900 | -79.8% |
| Financial debts | 170/4 | €12,400 | €2,500 | -€9,900 | -79.8% |
| Amounts payable within one year | 42/48 | €63,647 | €34,999 | -€28,647 | -45.0% |
| Trade debts | 44 | €12,114 | €7,146 | -€4,968 | -41.0% |
| Suppliers | 440/4 | €12,114 | €7,146 | -€4,968 | -41.0% |
| Advances received on contracts in progress | 46 | €28,390 | €10,910 | -€17,480 | -61.6% |
| Taxes, remuneration and social security | 45 | €22,416 | €6,926 | -€15,490 | -69.1% |
| Taxes | 450/3 | €22,416 | €6,926 | -€15,490 | -69.1% |
| Other amounts payable | 47/48 | €726 | €10,017 | +€9,291 | +1,280% |
| Remuneration, social security and pensions | 62 | €316 | €142 | -€174 | -55.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,895 | €18,435 | +€541 | +3.0% |
| Other operating charges | 640/8 | €4,201 | €3,028 | -€1,173 | -27.9% |
| Gross operating margin | 9900 | €21,408 | €51,509 | +€30,101 | +141% |
| Operating profit (loss) | 9901 | -€1,004 | €29,903 | +€30,907 | |
| Financial income | 75/76B | €59 | €1 | -€58 | -99.2% |
| Recurring financial income | 75 | €59 | €1 | -€58 | -99.2% |
| Financial charges | 65/66B | €253 | €257 | +€4 | +1.5% |
| Recurring financial charges | 65 | €253 | €257 | +€4 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,198 | €29,647 | +€30,845 | |
| Income taxes | 67/77 | €17,792 | €1,688 | -€16,104 | -90.5% |
| Profit (loss) for the period | 9904 | -€18,990 | €27,959 | +€46,949 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,990 | €27,959 | +€46,949 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.