RASETTA SERVICES: 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 SERVICES
Largest movements
- Cash -€25,016
down €25,016 (-99.5%), from €25,139 to €122
mainly Receivables within one year (-€16,545) and Tax, wage and social debts (-€6,222)
- Receivables within one year +€16,545
up €16,545 (+36.2%), from €45,693 to €62,238
of which Trade receivables: +€16,581
- Tangible fixed assets -€9,436
down €9,436 (-22.8%), from €41,477 to €32,041
of which Furniture and vehicles: -€7,962
- Financial fixed assets +€2,870
new in 2025: €2,870
- Stocks and contracts +€2,580
up €2,580 (+60.7%), from €4,250 to €6,830
- Short-term financial debts +€8,001
new in 2025: €8,001
- Tax, wage and social debts -€6,222
down €6,222 (-78.1%), from €7,964 to €1,742
- Trade debts -€4,435
down €4,435 (-37.6%), from €11,795 to €7,360
- Debts after one year -€3,913
down €3,913 (-26.6%), from €14,689 to €10,776
- Advances received -€3,500
no longer reported in 2025 (was €3,500)
- Gross operating margin -€26,004
down €26,004 (-67.0%), from €38,819 to €12,815
- Taxes -€7,486
down €7,486 (-92.9%), from €8,058 to €571
- Depreciation +€3,677
up €3,677 (+63.9%), from €5,759 to €9,436
- Other operating charges -€1,016
down €1,016 (-52.5%), from €1,936 to €920
- Financial charges +€425
up €425 (+45.5%), from €934 to €1,360
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 | €116,559 | €104,102 | -€12,457 | -10.7% |
| Fixed assets | 21/28 | €41,477 | €34,911 | -€6,566 | -15.8% |
| Tangible fixed assets | 22/27 | €41,477 | €32,041 | -€9,436 | -22.8% |
| Plant, machinery and equipment | 23 | €7,353 | €5,879 | -€1,475 | -20.1% |
| Furniture and vehicles | 24 | €34,124 | €26,162 | -€7,962 | -23.3% |
| Financial fixed assets | 28 | - | €2,870 | +€2,870 | |
| Current assets | 29/58 | €75,082 | €69,191 | -€5,891 | -7.8% |
| Stocks and contracts in progress | 3 | €4,250 | €6,830 | +€2,580 | +60.7% |
| Stocks | 30/36 | €4,250 | €6,830 | +€2,580 | +60.7% |
| Amounts receivable within one year | 40/41 | €45,693 | €62,238 | +€16,545 | +36.2% |
| Trade receivables | 40 | €44,081 | €60,662 | +€16,581 | +37.6% |
| Other amounts receivable | 41 | €1,612 | €1,577 | -€36 | -2.2% |
| Cash at bank and in hand | 54/58 | €25,139 | €122 | -€25,016 | -99.5% |
| Total equity and liabilities | 10/49 | €116,559 | €104,102 | -€12,457 | -10.7% |
| Equity | 10/15 | €57,203 | €57,733 | +€530 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,743 | €37,273 | +€530 | +1.4% |
| Amounts payable | 17/49 | €59,356 | €46,369 | -€12,987 | -21.9% |
| Amounts payable after more than one year | 17 | €14,689 | €10,776 | -€3,913 | -26.6% |
| Financial debts | 170/4 | €14,689 | €10,776 | -€3,913 | -26.6% |
| Amounts payable within one year | 42/48 | €44,667 | €35,592 | -€9,074 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €3,776 | €4,277 | +€501 | +13.3% |
| Financial debts | 43 | - | €8,001 | +€8,001 | |
| Credit institutions | 430/8 | - | €8,001 | +€8,001 | |
| Trade debts | 44 | €11,795 | €7,360 | -€4,435 | -37.6% |
| Suppliers | 440/4 | €11,795 | €7,360 | -€4,435 | -37.6% |
| Advances received on contracts in progress | 46 | €3,500 | - | -€3,500 | |
| Taxes, remuneration and social security | 45 | €7,964 | €1,742 | -€6,222 | -78.1% |
| Taxes | 450/3 | €7,964 | €1,742 | -€6,222 | -78.1% |
| Other amounts payable | 47/48 | €17,632 | €14,212 | -€3,420 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,759 | €9,436 | +€3,677 | +63.9% |
| Other operating charges | 640/8 | €1,936 | €920 | -€1,016 | -52.5% |
| Gross operating margin | 9900 | €38,819 | €12,815 | -€26,004 | -67.0% |
| Operating profit (loss) | 9901 | €31,124 | €2,458 | -€28,666 | -92.1% |
| Financial income | 75/76B | €3 | €3 | = | 0.0% |
| Recurring financial income | 75 | €3 | €3 | = | 0.0% |
| Financial charges | 65/66B | €934 | €1,360 | +€425 | +45.5% |
| Recurring financial charges | 65 | €934 | €1,360 | +€425 | +45.5% |
| Profit (loss) for the period before taxes | 9903 | €30,192 | €1,101 | -€29,091 | -96.4% |
| Income taxes | 67/77 | €8,058 | €571 | -€7,486 | -92.9% |
| Profit (loss) for the period | 9904 | €22,134 | €530 | -€21,604 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,134 | €530 | -€21,604 | -97.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.