RALUXA: 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.
RALUXA
Largest movements
- Cash -€12,948
down €12,948 (-91.0%), from €14,225 to €1,278
mainly Receivables within one year (-€8,532) and Advances received (-€5,551)
- Tangible fixed assets -€9,017
down €9,017 (-26.0%), from €34,633 to €25,615
of which Furniture and vehicles: -€9,984
- Receivables within one year +€8,532
up €8,532 (+116%), from €7,334 to €15,866
of which Other amounts receivable: +€6,963
- Deferred charges and accrued income +€890
up €890 (+163%), from €546 to €1,437
- Advances received -€5,551
no longer reported in 2025 (was €5,551)
- Tax, wage and social debts -€4,649
down €4,649 (-39.3%), from €11,842 to €7,193
- Debts after one year -€4,250
down €4,250 (-34.4%), from €12,361 to €8,111
- Profit (loss) carried forward +€3,638
up €3,638 (+21.2%), from €17,140 to €20,778
- Trade debts -€1,860
down €1,860 (-72.7%), from €2,557 to €698
- Gross operating margin +€9,509
up €9,509 (+41.1%), from €23,131 to €32,640
- Depreciation +€3,597
up €3,597 (+33.9%), from €10,606 to €14,204
- Taxes +€2,313
up €2,313 (+49.3%), from €4,686 to €6,999
- Other operating charges +€2,243
up €2,243 (+192%), from €1,167 to €3,409
- Financial charges +€1,441
up €1,441 (+105%), from €1,371 to €2,812
of which Financial charges: +€1,236
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 | €56,738 | €44,195 | -€12,543 | -22.1% |
| Fixed assets | 21/28 | €34,633 | €25,615 | -€9,017 | -26.0% |
| Tangible fixed assets | 22/27 | €34,633 | €25,615 | -€9,017 | -26.0% |
| Plant, machinery and equipment | 23 | €498 | €1,465 | +€967 | +194% |
| Furniture and vehicles | 24 | €34,135 | €24,151 | -€9,984 | -29.2% |
| Current assets | 29/58 | €22,105 | €18,580 | -€3,525 | -15.9% |
| Amounts receivable within one year | 40/41 | €7,334 | €15,866 | +€8,532 | +116% |
| Trade receivables | 40 | €4,500 | €6,068 | +€1,569 | +34.9% |
| Other amounts receivable | 41 | €2,834 | €9,797 | +€6,963 | +246% |
| Cash at bank and in hand | 54/58 | €14,225 | €1,278 | -€12,948 | -91.0% |
| Deferred charges and accrued income | 490/1 | €546 | €1,437 | +€890 | +163% |
| Total equity and liabilities | 10/49 | €56,738 | €44,195 | -€12,543 | -22.1% |
| Equity | 10/15 | €18,640 | €22,278 | +€3,638 | +19.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,140 | €20,778 | +€3,638 | +21.2% |
| Amounts payable | 17/49 | €38,098 | €21,917 | -€16,181 | -42.5% |
| Amounts payable after more than one year | 17 | €12,361 | €8,111 | -€4,250 | -34.4% |
| Financial debts | 170/4 | €12,361 | €8,111 | -€4,250 | -34.4% |
| Amounts payable within one year | 42/48 | €25,737 | €13,806 | -€11,931 | -46.4% |
| Current portion of amounts payable after more than one year | 42 | €3,991 | €4,250 | +€259 | +6.5% |
| Trade debts | 44 | €2,557 | €698 | -€1,860 | -72.7% |
| Suppliers | 440/4 | €2,557 | €698 | -€1,860 | -72.7% |
| Advances received on contracts in progress | 46 | €5,551 | - | -€5,551 | |
| Taxes, remuneration and social security | 45 | €11,842 | €7,193 | -€4,649 | -39.3% |
| Taxes | 450/3 | €11,842 | €7,193 | -€4,649 | -39.3% |
| Other amounts payable | 47/48 | €1,796 | €1,666 | -€130 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,606 | €14,204 | +€3,597 | +33.9% |
| Other operating charges | 640/8 | €1,167 | €3,409 | +€2,243 | +192% |
| Non-recurring operating charges | 66A | €1,164 | - | -€1,164 | |
| Gross operating margin | 9900 | €23,131 | €32,640 | +€9,509 | +41.1% |
| Operating profit (loss) | 9901 | €10,194 | €15,027 | +€4,833 | +47.4% |
| Financial income | 75/76B | €0 | €87 | +€87 | +437,300% |
| Recurring financial income | 75 | €0 | €87 | +€87 | +437,300% |
| Financial charges | 65/66B | €1,371 | €2,812 | +€1,441 | +105% |
| Recurring financial charges | 65 | €1,371 | €2,607 | +€1,236 | +90.1% |
| Non-recurring financial charges | 66B | - | €205 | +€205 | |
| Profit (loss) for the period before taxes | 9903 | €8,823 | €12,303 | +€3,479 | +39.4% |
| Income taxes | 67/77 | €4,686 | €6,999 | +€2,313 | +49.3% |
| Profit (loss) for the period | 9904 | €4,137 | €5,304 | +€1,167 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,137 | €5,304 | +€1,167 | +28.2% |
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 19 October 2026 via checked.be.