RAKAMI: 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.
RAKAMI
Largest movements
- Receivables within one year +€41,212
up €41,212 (+268.9%), from €15,325 to €56,537
of which Trade receivables: +€30,907
- Cash -€27,324
down €27,324 (-61.9%), from €44,154 to €16,829
mainly Receivables within one year (-€41,212) and Contributions, distributions and other (-€37,924)
- Tangible fixed assets -€6,401
down €6,401 (-37.4%), from €17,100 to €10,699
- Reserves -€37,924
down €37,924 (-66.3%), from €57,238 to €19,313
of which Distributable reserves: -€37,924
- Trade debts +€26,937
up €26,937 (+1186.2%), from €2,271 to €29,208
- Other debts +€23,756
up €23,756 (+167.7%), from €14,168 to €37,924
- Profit (loss) carried forward -€8,827
down €8,827 (-348.0%), from -€2,536 to -€11,363
- Tax, wage and social debts +€3,939
up €3,939 (+72.4%), from €5,438 to €9,378
- Gross operating margin -€19,714
down €19,714 (-85.3%), from €23,124 to €3,410
- Depreciation -€7,293
down €7,293 (-51.2%), from €14,238 to €6,945
- Taxes -€2,110
down €2,110 (-83.4%), from €2,529 to €419
- Other operating charges +€672
up €672 (+101.0%), from €666 to €1,338
- Financial income +€638
up €638 (+299.1%), from €213 to €851
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 | €76,579 | €84,460 | +€7,881 | +10.3% |
| Fixed assets | 21/28 | €17,100 | €10,699 | -€6,401 | -37.4% |
| Tangible fixed assets | 22/27 | €17,100 | €10,699 | -€6,401 | -37.4% |
| Furniture and vehicles | 24 | €17,100 | €10,699 | -€6,401 | -37.4% |
| Current assets | 29/58 | €59,478 | €73,761 | +€14,282 | +24.0% |
| Amounts receivable within one year | 40/41 | €15,325 | €56,537 | +€41,212 | +268.9% |
| Trade receivables | 40 | €14,575 | €45,482 | +€30,907 | +212.1% |
| Other amounts receivable | 41 | €750 | €11,055 | +€10,305 | +1374.0% |
| Cash at bank and in hand | 54/58 | €44,154 | €16,829 | -€27,324 | -61.9% |
| Deferred charges and accrued income | 490/1 | - | €394 | +€394 | |
| Total equity and liabilities | 10/49 | €76,579 | €84,460 | +€7,881 | +10.3% |
| Equity | 10/15 | €54,701 | €7,950 | -€46,751 | -85.5% |
| Reserves | 13 | €57,238 | €19,313 | -€37,924 | -66.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €55,378 | €17,453 | -€37,924 | -68.5% |
| Profit (loss) carried forward | 14 | -€2,536 | -€11,363 | -€8,827 | -348.0% |
| Amounts payable | 17/49 | €21,877 | €76,510 | +€54,633 | +249.7% |
| Amounts payable within one year | 42/48 | €21,877 | €76,510 | +€54,633 | +249.7% |
| Trade debts | 44 | €2,271 | €29,208 | +€26,937 | +1186.2% |
| Suppliers | 440/4 | €2,271 | €29,208 | +€26,937 | +1186.2% |
| Taxes, remuneration and social security | 45 | €5,438 | €9,378 | +€3,939 | +72.4% |
| Taxes | 450/3 | €5,438 | €9,378 | +€3,939 | +72.4% |
| Other amounts payable | 47/48 | €14,168 | €37,924 | +€23,756 | +167.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,238 | €6,945 | -€7,293 | -51.2% |
| Other operating charges | 640/8 | €666 | €1,338 | +€672 | +101.0% |
| Gross operating margin | 9900 | €23,124 | €3,410 | -€19,714 | -85.3% |
| Operating profit (loss) | 9901 | €8,221 | -€4,872 | -€13,093 | |
| Financial income | 75/76B | €213 | €851 | +€638 | +299.1% |
| Recurring financial income | 75 | €213 | €851 | +€638 | +299.1% |
| Financial charges | 65/66B | €4,806 | €4,386 | -€420 | -8.7% |
| Recurring financial charges | 65 | €4,806 | €4,386 | -€420 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €3,628 | -€8,407 | -€12,035 | |
| Income taxes | 67/77 | €2,529 | €419 | -€2,110 | -83.4% |
| Profit (loss) for the period | 9904 | €1,098 | -€8,827 | -€9,925 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,098 | -€8,827 | -€9,925 |
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 9 October 2026 via checked.be.