RaiseMore: 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.
RaiseMore
Largest movements
- Cash -€64,373
down €64,373 (-78.6%), from €81,940 to €17,567
mainly Contributions, distributions and other (-€75,000) and Receivables within one year (-€779)
- Tangible fixed assets -€2,661
down €2,661 (-54.6%), from €4,871 to €2,210
of which Other tangible fixed assets: -€1,613
- Profit (loss) carried forward -€67,885
down €67,885 (-75.0%), from €90,554 to €22,669
- Trade debts +€1,130
up €1,130 (+6269.2%), from €18 to €1,148
- Gross operating margin -€22,975
down €22,975 (-64.2%), from €35,804 to €12,828
- Taxes -€2,154
down €2,154 (-47.5%), from €4,532 to €2,377
- Depreciation -€610
down €610 (-18.6%), from €3,270 to €2,661
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 | €101,759 | €35,505 | -€66,254 | -65.1% |
| Fixed assets | 21/28 | €4,871 | €2,210 | -€2,661 | -54.6% |
| Tangible fixed assets | 22/27 | €4,871 | €2,210 | -€2,661 | -54.6% |
| Furniture and vehicles | 24 | €2,734 | €1,686 | -€1,048 | -38.3% |
| Other tangible fixed assets | 26 | €2,137 | €524 | -€1,613 | -75.5% |
| Current assets | 29/58 | €96,888 | €33,295 | -€63,593 | -65.6% |
| Amounts receivable within one year | 40/41 | €14,949 | €15,728 | +€779 | +5.2% |
| Trade receivables | 40 | €11,949 | €8,228 | -€3,721 | -31.1% |
| Other amounts receivable | 41 | €3,000 | €7,500 | +€4,500 | +150.0% |
| Cash at bank and in hand | 54/58 | €81,940 | €17,567 | -€64,373 | -78.6% |
| Total equity and liabilities | 10/49 | €101,759 | €35,505 | -€66,254 | -65.1% |
| Equity | 10/15 | €95,554 | €27,669 | -€67,885 | -71.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,554 | €22,669 | -€67,885 | -75.0% |
| Amounts payable | 17/49 | €6,205 | €7,836 | +€1,631 | +26.3% |
| Amounts payable within one year | 42/48 | €6,205 | €7,836 | +€1,631 | +26.3% |
| Trade debts | 44 | €18 | €1,148 | +€1,130 | +6269.2% |
| Suppliers | 440/4 | €18 | €1,148 | +€1,130 | +6269.2% |
| Taxes, remuneration and social security | 45 | €5,469 | €5,631 | +€162 | +3.0% |
| Taxes | 450/3 | €5,469 | €5,631 | +€162 | +3.0% |
| Other amounts payable | 47/48 | €717 | €1,056 | +€339 | +47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,270 | €2,661 | -€610 | -18.6% |
| Other operating charges | 640/8 | €669 | €465 | -€203 | -30.4% |
| Gross operating margin | 9900 | €35,804 | €12,828 | -€22,975 | -64.2% |
| Operating profit (loss) | 9901 | €31,865 | €9,702 | -€22,163 | -69.6% |
| Financial income | 75/76B | €48 | - | -€48 | |
| Recurring financial income | 75 | €48 | - | -€48 | |
| Financial charges | 65/66B | €164 | €210 | +€46 | +27.9% |
| Recurring financial charges | 65 | €164 | €210 | +€46 | +27.9% |
| Profit (loss) for the period before taxes | 9903 | €31,749 | €9,493 | -€22,257 | -70.1% |
| Income taxes | 67/77 | €4,532 | €2,377 | -€2,154 | -47.5% |
| Profit (loss) for the period | 9904 | €27,218 | €7,115 | -€20,103 | -73.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,218 | €7,115 | -€20,103 | -73.9% |
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 7 October 2026 via checked.be.