Rajwant: 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.
Rajwant
Largest movements
- Tangible fixed assets -€19,174
down €19,174 (-38.9%), from €49,338 to €30,164
of which Furniture and vehicles: -€12,901
- Stocks and contracts +€17,201
up €17,201 (+185%), from €9,287 to €26,488
- Cash -€4,657
down €4,657 (-49.2%), from €9,460 to €4,803
mainly Stocks and contracts (-€17,201) and Trade debts (-€5,623)
- Trade debts -€5,623
down €5,623 (-15.0%), from €37,530 to €31,907
- Tax, wage and social debts -€1,094
down €1,094 (-41.8%), from €2,619 to €1,525
of which Taxes: -€1,460
- Staff costs -€9,505
down €9,505 (-81.5%), from €11,667 to €2,162
- Depreciation +€8,000
up €8,000 (+71.6%), from €11,174 to €19,174
- Gross operating margin -€6,813
down €6,813 (-20.8%), from €32,821 to €26,008
- Other operating charges -€2,930
down €2,930 (-60.3%), from €4,863 to €1,933
- Taxes +€1,451
up €1,451 (+132%), from €1,096 to €2,547
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 | €68,593 | €61,817 | -€6,777 | -9.9% |
| Fixed assets | 21/28 | €49,354 | €30,180 | -€19,174 | -38.9% |
| Tangible fixed assets | 22/27 | €49,338 | €30,164 | -€19,174 | -38.9% |
| Land and buildings | 22 | €10,000 | €4,000 | -€6,000 | -60.0% |
| Plant, machinery and equipment | 23 | €1,091 | €818 | -€273 | -25.0% |
| Furniture and vehicles | 24 | €38,247 | €25,346 | -€12,901 | -33.7% |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €19,240 | €31,637 | +€12,397 | +64.4% |
| Stocks and contracts in progress | 3 | €9,287 | €26,488 | +€17,201 | +185% |
| Stocks | 30/36 | €9,287 | €26,488 | +€17,201 | +185% |
| Amounts receivable within one year | 40/41 | €494 | €347 | -€147 | -29.7% |
| Other amounts receivable | 41 | €494 | €347 | -€147 | -29.7% |
| Cash at bank and in hand | 54/58 | €9,460 | €4,803 | -€4,657 | -49.2% |
| Total equity and liabilities | 10/49 | €68,593 | €61,817 | -€6,777 | -9.9% |
| Equity | 10/15 | €28,444 | €28,385 | -€59 | -0.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €200 | +€200 | |
| Non-distributable reserves | 130/1 | - | €200 | +€200 | |
| Reserves not available under the articles | 1311 | - | €200 | +€200 | |
| Profit (loss) carried forward | 14 | €26,444 | €26,185 | -€259 | -1.0% |
| Amounts payable | 17/49 | €40,149 | €33,432 | -€6,717 | -16.7% |
| Amounts payable within one year | 42/48 | €40,149 | €33,432 | -€6,717 | -16.7% |
| Trade debts | 44 | €37,530 | €31,907 | -€5,623 | -15.0% |
| Suppliers | 440/4 | €37,530 | €31,907 | -€5,623 | -15.0% |
| Taxes, remuneration and social security | 45 | €2,619 | €1,525 | -€1,094 | -41.8% |
| Taxes | 450/3 | €1,460 | - | -€1,460 | |
| Remuneration and social security | 454/9 | €1,159 | €1,525 | +€366 | +31.6% |
| Remuneration, social security and pensions | 62 | €11,667 | €2,162 | -€9,505 | -81.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,174 | €19,174 | +€8,000 | +71.6% |
| Other operating charges | 640/8 | €4,863 | €1,933 | -€2,930 | -60.3% |
| Gross operating margin | 9900 | €32,821 | €26,008 | -€6,813 | -20.8% |
| Operating profit (loss) | 9901 | €5,117 | €2,739 | -€2,378 | -46.5% |
| Financial charges | 65/66B | €165 | €165 | -€1 | -0.3% |
| Recurring financial charges | 65 | €165 | €165 | -€1 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €4,952 | €2,574 | -€2,378 | -48.0% |
| Income taxes | 67/77 | €1,096 | €2,547 | +€1,451 | +132% |
| Profit (loss) for the period | 9904 | €3,856 | €27 | -€3,829 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,856 | €27 | -€3,829 | -99.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.