RAJA TRUCKS & VANS EXPORT: what changed
RAJA TRUCKS & VANS EXPORT
Largest movements
- Stocks and contracts -€53,532
down €53,532 (-35.7%), from €149,813 to €96,281
- Receivables within one year -€47,778
down €47,778 (-58.3%), from €82,010 to €34,232
of which Other amounts receivable: -€26,169
- Cash -€8,215
down €8,215 (-44.8%), from €18,346 to €10,131
mainly Other debts (-€49,723) and Trade debts (-€45,161)
- Tangible fixed assets +€5,007
up €5,007 (+16.2%), from €30,983 to €35,990
of which Furniture and vehicles: +€5,194
- Other debts -€49,723
down €49,723 (-37.2%), from €133,569 to €83,846
- Trade debts -€45,161
down €45,161 (-61.7%), from €73,213 to €28,052
- Profit (loss) carried forward -€5,809
down €5,809 (-9.3%), from €62,499 to €56,689
- Tax, wage and social debts -€3,825
down €3,825 (-56.7%), from €6,747 to €2,922
of which Remuneration and social security: -€2,844
- Staff costs +€8,516
up €8,516 (+28.0%), from €30,442 to €38,957
- Taxes -€6,838
no longer reported in 2025 (was €6,838)
- Gross operating margin -€6,310
down €6,310 (-10.7%), from €58,864 to €52,554
- Other operating charges -€4,924
down €4,924 (-45.3%), from €10,873 to €5,949
- Depreciation +€3,194
up €3,194 (+40.1%), from €7,956 to €11,150
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 | €290,288 | €185,770 | -€104,518 | -36.0% |
| Fixed assets | 21/28 | €40,119 | €45,126 | +€5,007 | +12.5% |
| Tangible fixed assets | 22/27 | €30,983 | €35,990 | +€5,007 | +16.2% |
| Plant, machinery and equipment | 23 | €187 | - | -€187 | |
| Furniture and vehicles | 24 | €30,796 | €35,990 | +€5,194 | +16.9% |
| Financial fixed assets | 28 | €9,136 | €9,136 | = | 0.0% |
| Current assets | 29/58 | €250,169 | €140,644 | -€109,525 | -43.8% |
| Stocks and contracts in progress | 3 | €149,813 | €96,281 | -€53,532 | -35.7% |
| Stocks | 30/36 | €149,813 | €96,281 | -€53,532 | -35.7% |
| Amounts receivable within one year | 40/41 | €82,010 | €34,232 | -€47,778 | -58.3% |
| Trade receivables | 40 | €50,037 | €28,427 | -€21,609 | -43.2% |
| Other amounts receivable | 41 | €31,973 | €5,805 | -€26,169 | -81.8% |
| Cash at bank and in hand | 54/58 | €18,346 | €10,131 | -€8,215 | -44.8% |
| Total equity and liabilities | 10/49 | €290,288 | €185,770 | -€104,518 | -36.0% |
| Equity | 10/15 | €76,759 | €70,949 | -€5,809 | -7.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | - | €12,400 | +€12,400 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €6,200 | +€6,200 | |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €62,499 | €56,689 | -€5,809 | -9.3% |
| Amounts payable | 17/49 | €213,529 | €114,820 | -€98,709 | -46.2% |
| Amounts payable within one year | 42/48 | €213,529 | €114,820 | -€98,709 | -46.2% |
| Trade debts | 44 | €73,213 | €28,052 | -€45,161 | -61.7% |
| Suppliers | 440/4 | €73,213 | €28,052 | -€45,161 | -61.7% |
| Taxes, remuneration and social security | 45 | €6,747 | €2,922 | -€3,825 | -56.7% |
| Taxes | 450/3 | €981 | - | -€981 | |
| Remuneration and social security | 454/9 | €5,766 | €2,922 | -€2,844 | -49.3% |
| Other amounts payable | 47/48 | €133,569 | €83,846 | -€49,723 | -37.2% |
| Remuneration, social security and pensions | 62 | €30,442 | €38,957 | +€8,516 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,956 | €11,150 | +€3,194 | +40.1% |
| Other operating charges | 640/8 | €10,873 | €5,949 | -€4,924 | -45.3% |
| Gross operating margin | 9900 | €58,864 | €52,554 | -€6,310 | -10.7% |
| Operating profit (loss) | 9901 | €9,593 | -€3,503 | -€13,096 | |
| Financial income | 75/76B | €0 | €7 | +€7 | +11,633% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +11,633% |
| Financial charges | 65/66B | €280 | €2,314 | +€2,034 | +727% |
| Recurring financial charges | 65 | €280 | €2,314 | +€2,034 | +727% |
| Profit (loss) for the period before taxes | 9903 | €9,314 | -€5,809 | -€15,123 | |
| Income taxes | 67/77 | €6,838 | - | -€6,838 | |
| Profit (loss) for the period | 9904 | €2,475 | -€5,809 | -€8,285 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,475 | -€5,809 | -€8,285 |
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.