RASETTA HENRI: 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.
RASETTA HENRI
Largest movements
- Receivables within one year -€47,423
down €47,423 (-96.4%), from €49,207 to €1,784
of which Other amounts receivable: -€47,409
- Tangible fixed assets -€39,505
down €39,505 (-30.9%), from €127,767 to €88,262
of which Plant, machinery and equipment: -€27,966
- Profit (loss) carried forward -€77,270
down €77,270, from €31,588 to -€45,682
- Debts after one year -€6,551
no longer reported in 2025 (was €6,551)
- Other debts -€4,202
down €4,202 (-2.4%), from €175,456 to €171,254
- Staff costs -€9,624
no longer reported in 2025 (was €9,624)
- Gross operating margin -€2,796
down €2,796 (-8.9%), from -€31,459 to -€34,255
- Taxes +€452
up €452 (+152.2%), from €297 to €749
- Other operating charges -€344
down €344 (-16.2%), from €2,119 to €1,775
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 | €227,125 | €140,926 | -€86,199 | -38.0% |
| Fixed assets | 21/28 | €127,875 | €88,370 | -€39,505 | -30.9% |
| Tangible fixed assets | 22/27 | €127,767 | €88,262 | -€39,505 | -30.9% |
| Plant, machinery and equipment | 23 | €107,456 | €79,490 | -€27,966 | -26.0% |
| Furniture and vehicles | 24 | €5,166 | €169 | -€4,997 | -96.7% |
| Leasing and similar rights | 25 | €15,145 | €8,603 | -€6,542 | -43.2% |
| Financial fixed assets | 28 | €108 | €108 | = | 0.0% |
| Current assets | 29/58 | €99,250 | €52,556 | -€46,694 | -47.0% |
| Stocks and contracts in progress | 3 | €4,899 | €3,974 | -€925 | -18.9% |
| Stocks | 30/36 | €4,899 | €3,974 | -€925 | -18.9% |
| Amounts receivable within one year | 40/41 | €49,207 | €1,784 | -€47,423 | -96.4% |
| Trade receivables | 40 | €570 | €556 | -€14 | -2.5% |
| Other amounts receivable | 41 | €48,637 | €1,228 | -€47,409 | -97.5% |
| Cash at bank and in hand | 54/58 | €45,104 | €46,798 | +€1,694 | +3.8% |
| Deferred charges and accrued income | 490/1 | €40 | - | -€40 | |
| Total equity and liabilities | 10/49 | €227,125 | €140,926 | -€86,199 | -38.0% |
| Equity | 10/15 | €38,408 | -€38,862 | -€77,270 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,588 | -€45,682 | -€77,270 | |
| Amounts payable | 17/49 | €188,717 | €179,788 | -€8,929 | -4.7% |
| Amounts payable after more than one year | 17 | €6,551 | - | -€6,551 | |
| Financial debts | 170/4 | €6,551 | - | -€6,551 | |
| Amounts payable within one year | 42/48 | €182,166 | €179,788 | -€2,378 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €4,826 | €6,551 | +€1,725 | +35.7% |
| Trade debts | 44 | €1,015 | €1,139 | +€124 | +12.2% |
| Suppliers | 440/4 | €1,015 | €1,139 | +€124 | +12.2% |
| Taxes, remuneration and social security | 45 | €869 | €844 | -€25 | -2.9% |
| Taxes | 450/3 | €830 | €830 | = | 0.0% |
| Remuneration and social security | 454/9 | €39 | €14 | -€25 | -64.1% |
| Other amounts payable | 47/48 | €175,456 | €171,254 | -€4,202 | -2.4% |
| Remuneration, social security and pensions | 62 | €9,624 | - | -€9,624 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,491 | €39,505 | +€14 | 0.0% |
| Other operating charges | 640/8 | €2,119 | €1,775 | -€344 | -16.2% |
| Gross operating margin | 9900 | -€31,459 | -€34,255 | -€2,796 | -8.9% |
| Operating profit (loss) | 9901 | -€82,693 | -€75,535 | +€7,158 | +8.7% |
| Financial income | 75/76B | €1 | €41 | +€40 | +4000.0% |
| Recurring financial income | 75 | €1 | €41 | +€40 | +4000.0% |
| Financial charges | 65/66B | €1,087 | €1,027 | -€60 | -5.5% |
| Recurring financial charges | 65 | €1,087 | €1,027 | -€60 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€83,779 | -€76,521 | +€7,258 | +8.7% |
| Income taxes | 67/77 | €297 | €749 | +€452 | +152.2% |
| Profit (loss) for the period | 9904 | -€84,076 | -€77,270 | +€6,806 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€84,076 | -€77,270 | +€6,806 | +8.1% |
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 11 October 2026 via checked.be.