RAISIN D'ËTRE: what changed
RAISIN D'ËTRE
Largest movements
- Receivables within one year -€22,855
down €22,855 (-37.1%), from €61,615 to €38,760
of which Trade receivables: -€23,073
- Stocks and contracts -€13,219
down €13,219 (-37.3%), from €35,418 to €22,199
- Cash -€4,060
down €4,060 (-48.4%), from €8,388 to €4,329
mainly Trade debts (-€17,503) and Net result for the year (-€12,123)
- Tangible fixed assets -€3,031
down €3,031 (-30.8%), from €9,832 to €6,801
- Trade debts -€17,503
down €17,503 (-40.2%), from €43,544 to €26,042
- Profit (loss) carried forward -€12,123
down €12,123 (-95.5%), from €12,694 to €571
- Tax, wage and social debts -€11,190
down €11,190 (-78.4%), from €14,278 to €3,087
- Debts after one year -€2,468
down €2,468 (-25.4%), from €9,702 to €7,234
- Turnover -€62,143
down €62,143 (-27.8%), from €223,213 to €161,071
- Purchases and services -€51,554
down €51,554 (-23.4%), from €220,005 to €168,450
- Gross operating margin -€10,588
down €10,588, from €3,209 to -€7,379
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,773 | €72,490 | -€43,283 | -37.4% |
| Fixed assets | 21/28 | €10,233 | €7,202 | -€3,031 | -29.6% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €9,832 | €6,801 | -€3,031 | -30.8% |
| Furniture and vehicles | 24 | €9,832 | €6,801 | -€3,031 | -30.8% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €105,540 | €65,288 | -€40,252 | -38.1% |
| Stocks and contracts in progress | 3 | €35,418 | €22,199 | -€13,219 | -37.3% |
| Stocks | 30/36 | €35,418 | €22,199 | -€13,219 | -37.3% |
| Amounts receivable within one year | 40/41 | €61,615 | €38,760 | -€22,855 | -37.1% |
| Trade receivables | 40 | €61,444 | €38,371 | -€23,073 | -37.6% |
| Other amounts receivable | 41 | €171 | €389 | +€218 | +127% |
| Cash at bank and in hand | 54/58 | €8,388 | €4,329 | -€4,060 | -48.4% |
| Deferred charges and accrued income | 490/1 | €118 | €0 | -€118 | -100% |
| Total equity and liabilities | 10/49 | €115,773 | €72,490 | -€43,283 | -37.4% |
| Equity | 10/15 | €25,999 | €13,876 | -€12,123 | -46.6% |
| Contributions | 10/11 | €12,597 | €12,597 | = | 0.0% |
| Reserves | 13 | €708 | €708 | = | 0.0% |
| Non-distributable reserves | 130/1 | €708 | €708 | = | 0.0% |
| Reserves not available under the articles | 1311 | €708 | €708 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,694 | €571 | -€12,123 | -95.5% |
| Amounts payable | 17/49 | €89,774 | €58,614 | -€31,160 | -34.7% |
| Amounts payable after more than one year | 17 | €9,702 | €7,234 | -€2,468 | -25.4% |
| Financial debts | 170/4 | €9,702 | €7,234 | -€2,468 | -25.4% |
| Amounts payable within one year | 42/48 | €79,740 | €51,047 | -€28,693 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €2,468 | €2,468 | = | 0.0% |
| Trade debts | 44 | €43,544 | €26,042 | -€17,503 | -40.2% |
| Suppliers | 440/4 | €43,544 | €26,042 | -€17,503 | -40.2% |
| Taxes, remuneration and social security | 45 | €14,278 | €3,087 | -€11,190 | -78.4% |
| Taxes | 450/3 | €14,278 | €3,087 | -€11,190 | -78.4% |
| Other amounts payable | 47/48 | €19,450 | €19,450 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €333 | €333 | = | 0.0% |
| Turnover | 70 | €223,213 | €161,071 | -€62,143 | -27.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €220,005 | €168,450 | -€51,554 | -23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,031 | €3,031 | = | 0.0% |
| Other operating charges | 640/8 | €412 | €1,576 | +€1,164 | +283% |
| Gross operating margin | 9900 | €3,209 | -€7,379 | -€10,588 | |
| Operating profit (loss) | 9901 | -€234 | -€11,987 | -€11,753 | -5,029% |
| Financial income | 75/76B | €143 | €399 | +€256 | +179% |
| Recurring financial income | 75 | €143 | €399 | +€256 | +179% |
| Financial charges | 65/66B | €662 | €536 | -€127 | -19.1% |
| Recurring financial charges | 65 | €662 | €536 | -€127 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€753 | -€12,123 | -€11,370 | -1,510% |
| Profit (loss) for the period | 9904 | -€753 | -€12,123 | -€11,370 | -1,510% |
| Profit (loss) for the period to be appropriated | 9905 | -€753 | -€12,123 | -€11,370 | -1,510% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.