Ralimoe: 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.
What changed
Ralimoe
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€41,143
2024 · €908,380-€867,238
Equity
€7.1m
2024 · €7.0m+€41,143
Cash
€107,697
2024 · €104,957+€2,741
Balance sheet total
€9.6m
2024 · €9.1m+€411,619
Largest movements
Assets
- Current investments +€524,658
up €524,658 (+13.5%), from €3.9m to €4.4m
Equity and liabilities
- Short-term financial debts +€491,975
new in 2025: €491,975
Income statement
- Gross operating margin -€1.3m
down €1.3m (-86.0%), from €1.5m to €214,531
- Taxes -€404,959
down €404,959 (-95.5%), from €424,144 to €19,184
- Depreciation -€117,532
down €117,532 (-53.2%), from €220,723 to €103,191
- Financial income -€54,685
down €54,685 (-55.9%), from €97,809 to €43,124
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.
Result 2024
€908,380
Gross operating margin
-€1.3m
Depreciation
+€117,532
Other operating charges
-€1,907
Financial income
-€54,685
Financial charges
-€14,723
Taxes
+€404,959
Result 2025
€41,143
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.
From operations
+€108,887
Investment
-€548,122
Financing
+€441,975
Cash 2024
€104,957
From operations (derived)
+€108,887
Net result for the year
+€41,143
Depreciation
+€103,191
Receivables within one year
+€30,419
Deferred charges and accrued income
+€5,634
Smaller working-capital items
+€1,134
Tax, wage and social debts
-€86,724
Other debts
+€14,090
Investment (derived)
-€548,122
Investment in fixed assets (net)
-€23,464
Current investments
-€524,658
Financing
+€441,975
Debts after one year
-€50,000
Short-term financial debts
+€491,975
Cash 2025
€107,697
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,138,493 | €9,550,112 | +€411,619 | +4.5% |
| Fixed assets | 21/28 | €5,093,451 | €5,013,724 | -€79,727 | -1.6% |
| Tangible fixed assets | 22/27 | €5,093,451 | €5,013,724 | -€79,727 | -1.6% |
| Land and buildings | 22 | €5,093,451 | €5,013,724 | -€79,727 | -1.6% |
| Current assets | 29/58 | €4,045,042 | €4,536,388 | +€491,346 | +12.1% |
| Amounts receivable within one year | 40/41 | €49,900 | €19,481 | -€30,419 | -61.0% |
| Trade receivables | 40 | €2,372 | €1,585 | -€787 | -33.2% |
| Other amounts receivable | 41 | €47,528 | €17,896 | -€29,632 | -62.3% |
| Current investments | 50/53 | €3,875,608 | €4,400,266 | +€524,658 | +13.5% |
| Cash at bank and in hand | 54/58 | €104,957 | €107,697 | +€2,741 | +2.6% |
| Deferred charges and accrued income | 490/1 | €14,577 | €8,943 | -€5,634 | -38.6% |
| Total equity and liabilities | 10/49 | €9,138,493 | €9,550,112 | +€411,619 | +4.5% |
| Equity | 10/15 | €7,028,988 | €7,070,131 | +€41,143 | +0.6% |
| Contributions | 10/11 | €5,470,000 | €5,470,000 | = | 0.0% |
| Reserves | 13 | €1,558,988 | €1,600,131 | +€41,143 | +2.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,558,988 | €1,600,131 | +€41,143 | +2.6% |
| Amounts payable | 17/49 | €2,109,506 | €2,479,981 | +€370,476 | +17.6% |
| Amounts payable after more than one year | 17 | €1,935,000 | €1,885,000 | -€50,000 | -2.6% |
| Financial debts | 170/4 | €885,000 | €885,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,050,000 | €1,000,000 | -€50,000 | -4.8% |
| Amounts payable within one year | 42/48 | €155,784 | €574,970 | +€419,185 | +269.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €491,975 | +€491,975 | |
| Credit institutions | 430/8 | - | €491,975 | +€491,975 | |
| Trade debts | 44 | €5,299 | €5,143 | -€156 | -2.9% |
| Suppliers | 440/4 | €5,299 | €5,143 | -€156 | -2.9% |
| Taxes, remuneration and social security | 45 | €90,838 | €4,114 | -€86,724 | -95.5% |
| Taxes | 450/3 | €90,838 | €4,114 | -€86,724 | -95.5% |
| Other amounts payable | 47/48 | €59,648 | €73,738 | +€14,090 | +23.6% |
| Accrued charges and deferred income | 492/3 | €18,721 | €20,011 | +€1,290 | +6.9% |
| Non-recurring operating income | 76A | €1,325,339 | €0 | -€1.3m | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220,723 | €103,191 | -€117,532 | -53.2% |
| Other operating charges | 640/8 | €21,358 | €23,265 | +€1,907 | +8.9% |
| Gross operating margin | 9900 | €1,532,945 | €214,531 | -€1.3m | -86.0% |
| Operating profit (loss) | 9901 | €1,290,864 | €88,075 | -€1.2m | -93.2% |
| Financial income | 75/76B | €97,809 | €43,124 | -€54,685 | -55.9% |
| Recurring financial income | 75 | €97,809 | €43,124 | -€54,685 | -55.9% |
| Financial charges | 65/66B | €56,149 | €70,872 | +€14,723 | +26.2% |
| Recurring financial charges | 65 | €56,149 | €70,872 | +€14,723 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | €1,332,524 | €60,327 | -€1.3m | -95.5% |
| Income taxes | 67/77 | €424,144 | €19,184 | -€404,959 | -95.5% |
| Profit (loss) for the period | 9904 | €908,380 | €41,143 | -€867,238 | -95.5% |
| Profit (loss) for the period to be appropriated | 9905 | €908,380 | €41,143 | -€867,238 | -95.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.