Rakke: 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.
Rakke
Largest movements
- Tangible fixed assets +€19,598
up €19,598 (+30.4%), from €64,474 to €84,072
of which Furniture and vehicles: +€17,845
- Cash +€12,062
up €12,062 (+13.1%), from €92,230 to €104,292
mainly Net result for the year (+€40,764) and Depreciation (+€18,733)
- Receivables within one year +€4,363
up €4,363 (+21.1%), from €20,706 to €25,070
of which Trade receivables: +€3,185
- Reserves +€40,764
up €40,764 (+34.8%), from €116,995 to €157,759
- Debts after one year -€7,099
down €7,099 (-36.0%), from €19,724 to €12,624
- Other debts +€4,275
up €4,275 (+18.1%), from €23,679 to €27,955
- Tax, wage and social debts -€2,389
down €2,389 (-18.4%), from €12,998 to €10,608
of which Taxes: -€2,414
- Gross operating margin +€12,177
up €12,177 (+16.4%), from €74,436 to €86,614
- Taxes +€1,345
up €1,345 (+9.0%), from €14,997 to €16,341
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 | €188,613 | €223,828 | +€35,215 | +18.7% |
| Fixed assets | 21/28 | €64,474 | €84,072 | +€19,598 | +30.4% |
| Tangible fixed assets | 22/27 | €64,474 | €84,072 | +€19,598 | +30.4% |
| Land and buildings | 22 | - | €1,753 | +€1,753 | |
| Furniture and vehicles | 24 | €64,474 | €82,319 | +€17,845 | +27.7% |
| Current assets | 29/58 | €124,139 | €139,757 | +€15,617 | +12.6% |
| Amounts receivable within one year | 40/41 | €20,706 | €25,070 | +€4,363 | +21.1% |
| Trade receivables | 40 | €20,703 | €23,888 | +€3,185 | +15.4% |
| Other amounts receivable | 41 | €3 | €1,182 | +€1,179 | +37,062% |
| Cash at bank and in hand | 54/58 | €92,230 | €104,292 | +€12,062 | +13.1% |
| Deferred charges and accrued income | 490/1 | €11,203 | €10,395 | -€808 | -7.2% |
| Total equity and liabilities | 10/49 | €188,613 | €223,828 | +€35,215 | +18.7% |
| Equity | 10/15 | €123,195 | €163,959 | +€40,764 | +33.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €116,995 | €157,759 | +€40,764 | +34.8% |
| Distributable reserves | 133 | €116,995 | €157,759 | +€40,764 | +34.8% |
| Amounts payable | 17/49 | €65,418 | €59,869 | -€5,549 | -8.5% |
| Amounts payable after more than one year | 17 | €19,724 | €12,624 | -€7,099 | -36.0% |
| Financial debts | 170/4 | €19,724 | €12,624 | -€7,099 | -36.0% |
| Amounts payable within one year | 42/48 | €45,695 | €47,245 | +€1,550 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €6,763 | €7,099 | +€336 | +5.0% |
| Financial debts | 43 | €30 | €0 | -€30 | -100% |
| Credit institutions | 430/8 | €30 | €0 | -€30 | -100% |
| Trade debts | 44 | €2,224 | €1,582 | -€642 | -28.9% |
| Suppliers | 440/4 | €2,224 | €1,582 | -€642 | -28.9% |
| Taxes, remuneration and social security | 45 | €12,998 | €10,608 | -€2,389 | -18.4% |
| Taxes | 450/3 | €6,809 | €4,394 | -€2,414 | -35.5% |
| Remuneration and social security | 454/9 | €6,189 | €6,214 | +€25 | +0.4% |
| Other amounts payable | 47/48 | €23,679 | €27,955 | +€4,275 | +18.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,331 | €18,733 | +€402 | +2.2% |
| Other operating charges | 640/8 | €932 | €929 | -€4 | -0.4% |
| Non-recurring operating charges | 66A | - | €6,706 | +€6,706 | |
| Gross operating margin | 9900 | €74,436 | €86,614 | +€12,177 | +16.4% |
| Operating profit (loss) | 9901 | €55,173 | €60,246 | +€5,073 | +9.2% |
| Financial income | 75/76B | €0 | €20 | +€20 | +12,525% |
| Recurring financial income | 75 | €0 | €20 | +€20 | +12,525% |
| Financial charges | 65/66B | €3,301 | €3,160 | -€141 | -4.3% |
| Recurring financial charges | 65 | €3,301 | €3,160 | -€141 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €51,872 | €57,106 | +€5,234 | +10.1% |
| Income taxes | 67/77 | €14,997 | €16,341 | +€1,345 | +9.0% |
| Profit (loss) for the period | 9904 | €36,875 | €40,764 | +€3,890 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,875 | €40,764 | +€3,890 | +10.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.