RASIKH: 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.
RASIKH
Largest movements
- Receivables within one year +€9,621
new in 2025: €9,621
of which Other amounts receivable: +€9,596
- Tangible fixed assets -€5,404
no longer reported in 2025 (was €5,404)
- Intangible fixed assets -€613
down €613 (-100.0%), from €613 to €0
- Current investments +€407
up €407, from €0 to €407
- Financial fixed assets +€365
up €365 (+16.6%), from €2,200 to €2,565
- Profit (loss) carried forward +€35,297
up €35,297, from -€25,053 to €10,244
- Reserves -€10,186
no longer reported in 2025 (was €10,186)
- Debts after one year -€9,712
down €9,712 (-93.4%), from €10,403 to €691
- Tax, wage and social debts -€8,364
no longer reported in 2025 (was €8,364)
of which Taxes: -€6,757
- Current portion of long-term debt -€1,545
no longer reported in 2025 (was €1,545)
- Turnover +€64,225
up €64,225 (+141.9%), from €45,274 to €109,499
- Gross operating margin +€59,076
up €59,076, from -€14,410 to €44,666
- Purchases and services -€11,724
down €11,724 (-17.4%), from €67,538 to €55,814
- Staff costs +€6,243
new in 2025: €6,243
- Depreciation -€4,147
down €4,147 (-43.4%), from €9,551 to €5,404
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 | €8,558 | €12,935 | +€4,377 | +51.1% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €8,216 | €2,565 | -€5,651 | -68.8% |
| Intangible fixed assets | 21 | €613 | €0 | -€613 | -100.0% |
| Tangible fixed assets | 22/27 | €5,404 | - | -€5,404 | |
| Furniture and vehicles | 24 | €5,404 | - | -€5,404 | |
| Financial fixed assets | 28 | €2,200 | €2,565 | +€365 | +16.6% |
| Current assets | 29/58 | €341 | €10,369 | +€10,028 | +2940.6% |
| Amounts receivable within one year | 40/41 | - | €9,621 | +€9,621 | |
| Trade receivables | 40 | - | €25 | +€25 | |
| Other amounts receivable | 41 | - | €9,596 | +€9,596 | |
| Current investments | 50/53 | €0 | €407 | +€407 | |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €341 | €341 | = | 0.0% |
| Total equity and liabilities | 10/49 | €8,558 | €12,935 | +€4,377 | +51.1% |
| Equity | 10/15 | -€12,867 | €12,244 | +€25,111 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €10,186 | - | -€10,186 | |
| Distributable reserves | 133 | €10,186 | - | -€10,186 | |
| Profit (loss) carried forward | 14 | -€25,053 | €10,244 | +€35,297 | |
| Amounts payable | 17/49 | €21,425 | €691 | -€20,734 | -96.8% |
| Amounts payable after more than one year | 17 | €10,403 | €691 | -€9,712 | -93.4% |
| Financial debts | 170/4 | €10,403 | €691 | -€9,712 | -93.4% |
| Amounts payable within one year | 42/48 | €11,022 | - | -€11,022 | |
| Current portion of amounts payable after more than one year | 42 | €1,545 | - | -€1,545 | |
| Taxes, remuneration and social security | 45 | €8,364 | - | -€8,364 | |
| Taxes | 450/3 | €6,757 | - | -€6,757 | |
| Remuneration and social security | 454/9 | €1,607 | - | -€1,607 | |
| Other amounts payable | 47/48 | €1,113 | - | -€1,113 | |
| Turnover | 70 | €45,274 | €109,499 | +€64,225 | +141.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €67,538 | €55,814 | -€11,724 | -17.4% |
| Remuneration, social security and pensions | 62 | - | €6,243 | +€6,243 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,551 | €5,404 | -€4,147 | -43.4% |
| Gross operating margin | 9900 | -€14,410 | €44,666 | +€59,076 | |
| Operating profit (loss) | 9901 | -€23,961 | €33,019 | +€56,980 | |
| Financial charges | 65/66B | €1,092 | €458 | -€634 | -58.0% |
| Recurring financial charges | 65 | €1,092 | €458 | -€634 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | -€25,053 | €32,561 | +€57,613 | |
| Profit (loss) for the period | 9904 | -€25,053 | €32,561 | +€57,613 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,053 | €32,561 | +€57,613 |
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 8 October 2026 via checked.be.