RALIMO: what changed
Two fiscal 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.
RALIMO
Largest movements
- Tangible fixed assets +€210,402
up €210,402 (+60.5%), from €347,971 to €558,373
of which Land and buildings: +€212,154
- Cash +€18,298
up €18,298 (+635.3%), from €2,880 to €21,178
mainly Debts after one year (+€215,934) and Depreciation (+€48,845)
- Debts after one year +€215,934
up €215,934 (+94.7%), from €227,988 to €443,922
- Trade debts -€12,047
down €12,047 (-98.4%), from €12,239 to €192
- Current portion of long-term debt +€10,161
up €10,161 (+39.4%), from €25,767 to €35,928
- Turnover +€20,036
up €20,036 (+20.8%), from €96,332 to €116,368
- Gross operating margin +€15,779
up €15,779 (+26.6%), from €59,402 to €75,181
- Depreciation +€11,390
up €11,390 (+30.4%), from €37,455 to €48,845
- Purchases and services +€4,257
up €4,257 (+11.5%), from €36,930 to €41,187
- Financial charges +€3,412
up €3,412 (+43.0%), from €7,929 to €11,341
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.
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 | €351,351 | €580,013 | +€228,662 | +65.1% |
| Fixed assets | 21/28 | €348,008 | €558,410 | +€210,402 | +60.5% |
| Tangible fixed assets | 22/27 | €347,971 | €558,373 | +€210,402 | +60.5% |
| Land and buildings | 22 | €325,902 | €538,056 | +€212,154 | +65.1% |
| Plant, machinery and equipment | 23 | €21,637 | €19,993 | -€1,644 | -7.6% |
| Furniture and vehicles | 24 | €432 | €324 | -€108 | -25.0% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €3,343 | €21,603 | +€18,260 | +546.2% |
| Amounts receivable within one year | 40/41 | €48 | - | -€48 | |
| Other amounts receivable | 41 | €48 | - | -€48 | |
| Cash at bank and in hand | 54/58 | €2,880 | €21,178 | +€18,298 | +635.3% |
| Deferred charges and accrued income | 490/1 | €415 | €425 | +€10 | +2.4% |
| Total equity and liabilities | 10/49 | €351,351 | €580,013 | +€228,662 | +65.1% |
| Equity | 10/15 | €80,801 | €90,731 | +€9,930 | +12.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €24,502 | €28,731 | +€4,229 | +17.3% |
| Non-distributable reserves | 130/1 | €3,098 | €3,098 | = | 0.0% |
| Legal reserve | 130 | €3,098 | €3,098 | = | 0.0% |
| Distributable reserves | 133 | €21,404 | €25,633 | +€4,229 | +19.8% |
| Profit (loss) carried forward | 14 | -€5,701 | - | +€5,701 | |
| Amounts payable | 17/49 | €270,550 | €489,282 | +€218,732 | +80.8% |
| Amounts payable after more than one year | 17 | €227,988 | €443,922 | +€215,934 | +94.7% |
| Financial debts | 170/4 | €227,988 | €443,922 | +€215,934 | +94.7% |
| Amounts payable within one year | 42/48 | €38,831 | €38,769 | -€62 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €25,767 | €35,928 | +€10,161 | +39.4% |
| Trade debts | 44 | €12,239 | €192 | -€12,047 | -98.4% |
| Suppliers | 440/4 | €12,239 | €192 | -€12,047 | -98.4% |
| Taxes, remuneration and social security | 45 | €825 | €2,649 | +€1,824 | +221.1% |
| Taxes | 450/3 | €825 | €2,649 | +€1,824 | +221.1% |
| Accrued charges and deferred income | 492/3 | €3,731 | €6,591 | +€2,860 | +76.7% |
| Turnover | 70 | €96,332 | €116,368 | +€20,036 | +20.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €36,930 | €41,187 | +€4,257 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,455 | €48,845 | +€11,390 | +30.4% |
| Other operating charges | 640/8 | €3,114 | €3,211 | +€97 | +3.1% |
| Gross operating margin | 9900 | €59,402 | €75,181 | +€15,779 | +26.6% |
| Operating profit (loss) | 9901 | €18,833 | €23,125 | +€4,292 | +22.8% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €7,929 | €11,341 | +€3,412 | +43.0% |
| Recurring financial charges | 65 | €7,929 | €11,341 | +€3,412 | +43.0% |
| Profit (loss) for the period before taxes | 9903 | €10,904 | €11,810 | +€906 | +8.3% |
| Income taxes | 67/77 | - | €1,880 | +€1,880 | |
| Profit (loss) for the period | 9904 | €10,904 | €9,930 | -€974 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,904 | €9,930 | -€974 | -8.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.