RASKIN ELECTRO: 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.
RASKIN ELECTRO
Largest movements
- Stocks and contracts -€27,319
down €27,319 (-19.1%), from €142,731 to €115,412
- Receivables within one year +€22,271
up €22,271 (+19.8%), from €112,582 to €134,853
of which Trade receivables: +€27,727
- Cash -€20,366
down €20,366 (-12.5%), from €162,728 to €142,362
mainly Investment in fixed assets (net) (-€30,507) and Receivables within one year (-€22,271)
- Tangible fixed assets +€15,176
up €15,176 (+41.0%), from €37,058 to €52,234
of which Furniture and vehicles: +€16,712
- Current portion of long-term debt -€14,488
down €14,488 (-78.3%), from €18,510 to €4,022
- Reserves +€12,500
up €12,500 (+4.5%), from €279,150 to €291,650
- Other debts -€7,532
down €7,532 (-15.6%), from €48,300 to €40,768
- Staff costs +€10,749
up €10,749 (+8.1%), from €132,248 to €142,997
- Depreciation -€3,766
down €3,766 (-19.7%), from €19,097 to €15,331
- Taxes -€3,661
down €3,661 (-32.1%), from €11,401 to €7,740
- Gross operating margin -€2,998
down €2,998 (-1.5%), from €204,125 to €201,127
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 | €462,592 | €452,226 | -€10,366 | -2.2% |
| Fixed assets | 21/28 | €37,298 | €52,474 | +€15,176 | +40.7% |
| Tangible fixed assets | 22/27 | €37,058 | €52,234 | +€15,176 | +41.0% |
| Land and buildings | 22 | €517 | €435 | -€82 | -15.9% |
| Plant, machinery and equipment | 23 | €6,740 | €5,286 | -€1,454 | -21.6% |
| Furniture and vehicles | 24 | €29,801 | €46,513 | +€16,712 | +56.1% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €425,294 | €399,752 | -€25,542 | -6.0% |
| Stocks and contracts in progress | 3 | €142,731 | €115,412 | -€27,319 | -19.1% |
| Stocks | 30/36 | €142,731 | €115,412 | -€27,319 | -19.1% |
| Amounts receivable within one year | 40/41 | €112,582 | €134,853 | +€22,271 | +19.8% |
| Trade receivables | 40 | €104,866 | €132,593 | +€27,727 | +26.4% |
| Other amounts receivable | 41 | €7,716 | €2,260 | -€5,456 | -70.7% |
| Cash at bank and in hand | 54/58 | €162,728 | €142,362 | -€20,366 | -12.5% |
| Deferred charges and accrued income | 490/1 | €7,253 | €7,125 | -€128 | -1.8% |
| Total equity and liabilities | 10/49 | €462,592 | €452,226 | -€10,366 | -2.2% |
| Equity | 10/15 | €316,260 | €329,284 | +€13,024 | +4.1% |
| Contributions | 10/11 | €36,000 | €36,000 | = | 0.0% |
| Reserves | 13 | €279,150 | €291,650 | +€12,500 | +4.5% |
| Distributable reserves | 133 | €279,150 | €291,650 | +€12,500 | +4.5% |
| Profit (loss) carried forward | 14 | €1,110 | €1,634 | +€524 | +47.2% |
| Amounts payable | 17/49 | €146,332 | €122,942 | -€23,390 | -16.0% |
| Amounts payable after more than one year | 17 | €4,022 | - | -€4,022 | |
| Financial debts | 170/4 | €4,022 | - | -€4,022 | |
| Amounts payable within one year | 42/48 | €128,560 | €106,703 | -€21,857 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €18,510 | €4,022 | -€14,488 | -78.3% |
| Trade debts | 44 | €21,265 | €24,089 | +€2,824 | +13.3% |
| Suppliers | 440/4 | €21,265 | €24,089 | +€2,824 | +13.3% |
| Advances received on contracts in progress | 46 | €4,092 | €400 | -€3,692 | -90.2% |
| Taxes, remuneration and social security | 45 | €36,393 | €37,424 | +€1,031 | +2.8% |
| Taxes | 450/3 | €18,422 | €22,653 | +€4,231 | +23.0% |
| Remuneration and social security | 454/9 | €17,971 | €14,771 | -€3,200 | -17.8% |
| Other amounts payable | 47/48 | €48,300 | €40,768 | -€7,532 | -15.6% |
| Accrued charges and deferred income | 492/3 | €13,750 | €16,239 | +€2,489 | +18.1% |
| Remuneration, social security and pensions | 62 | €132,248 | €142,997 | +€10,749 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,097 | €15,331 | -€3,766 | -19.7% |
| Other operating charges | 640/8 | €14,278 | €15,721 | +€1,443 | +10.1% |
| Gross operating margin | 9900 | €204,125 | €201,127 | -€2,998 | -1.5% |
| Operating profit (loss) | 9901 | €38,502 | €27,078 | -€11,424 | -29.7% |
| Financial income | 75/76B | €121 | - | -€121 | |
| Recurring financial income | 75 | €121 | - | -€121 | |
| Financial charges | 65/66B | €7,792 | €6,313 | -€1,479 | -19.0% |
| Recurring financial charges | 65 | €7,792 | €6,313 | -€1,479 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €30,831 | €20,765 | -€10,066 | -32.6% |
| Income taxes | 67/77 | €11,401 | €7,740 | -€3,661 | -32.1% |
| Profit (loss) for the period | 9904 | €19,430 | €13,025 | -€6,405 | -33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,430 | €13,025 | -€6,405 | -33.0% |
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 10 October 2026 via checked.be.