RASKIN ODF: 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 ODF
Largest movements
- Cash +€56,021
up €56,021 (+95.0%), from €58,998 to €115,018
mainly Depreciation (+€92,757) and Net result for the year (+€56,369)
- Tangible fixed assets -€53,158
down €53,158 (-6.5%), from €823,963 to €770,806
of which Land and buildings: -€58,977
- Deferred charges and accrued income -€43,066
down €43,066 (-99.6%), from €43,253 to €187
- Receivables within one year -€16,340
down €16,340 (-47.5%), from €34,375 to €18,035
of which Other amounts receivable: -€22,145
- Other debts -€27,956
down €27,956 (-41.9%), from €66,657 to €38,701
- Debts after one year -€27,726
down €27,726 (-8.3%), from €333,029 to €305,303
- Current portion of long-term debt -€18,953
down €18,953 (-18.6%), from €101,922 to €82,969
- Reserves +€17,668
up €17,668 (+5.3%), from €334,369 to €352,038
- Gross operating margin -€92,137
down €92,137 (-19.8%), from €465,090 to €372,953
- Staff costs -€74,569
down €74,569 (-32.5%), from €229,745 to €155,177
- Taxes -€24,664
down €24,664 (-51.8%), from €47,657 to €22,993
- Depreciation +€8,230
up €8,230 (+9.7%), from €84,527 to €92,757
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €970,198 | €912,900 | -€57,298 | -5.9% |
| Fixed assets | 21/28 | €824,998 | €771,353 | -€53,645 | -6.5% |
| Intangible fixed assets | 21 | €1,035 | €547 | -€487 | -47.1% |
| Tangible fixed assets | 22/27 | €823,963 | €770,806 | -€53,158 | -6.5% |
| Land and buildings | 22 | €717,460 | €658,483 | -€58,977 | -8.2% |
| Plant, machinery and equipment | 23 | €41,483 | €32,750 | -€8,733 | -21.1% |
| Furniture and vehicles | 24 | €57,197 | €72,264 | +€15,068 | +26.3% |
| Other tangible fixed assets | 26 | €7,824 | €7,309 | -€515 | -6.6% |
| Current assets | 29/58 | €145,200 | €141,547 | -€3,653 | -2.5% |
| Stocks and contracts in progress | 3 | €8,574 | €8,306 | -€268 | -3.1% |
| Stocks | 30/36 | €8,574 | €8,306 | -€268 | -3.1% |
| Amounts receivable within one year | 40/41 | €34,375 | €18,035 | -€16,340 | -47.5% |
| Trade receivables | 40 | €4,230 | €10,035 | +€5,805 | +137% |
| Other amounts receivable | 41 | €30,145 | €8,000 | -€22,145 | -73.5% |
| Cash at bank and in hand | 54/58 | €58,998 | €115,018 | +€56,021 | +95.0% |
| Deferred charges and accrued income | 490/1 | €43,253 | €187 | -€43,066 | -99.6% |
| Total equity and liabilities | 10/49 | €970,198 | €912,900 | -€57,298 | -5.9% |
| Equity | 10/15 | €355,303 | €372,971 | +€17,668 | +5.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €334,369 | €352,038 | +€17,668 | +5.3% |
| Distributable reserves | 133 | €334,369 | €352,038 | +€17,668 | +5.3% |
| Profit (loss) carried forward | 14 | €1,934 | €1,934 | = | 0.0% |
| Amounts payable | 17/49 | €614,895 | €539,929 | -€74,966 | -12.2% |
| Amounts payable after more than one year | 17 | €333,029 | €305,303 | -€27,726 | -8.3% |
| Financial debts | 170/4 | €333,029 | €305,303 | -€27,726 | -8.3% |
| Amounts payable within one year | 42/48 | €281,604 | €234,400 | -€47,204 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €101,922 | €82,969 | -€18,953 | -18.6% |
| Trade debts | 44 | €38,497 | €33,665 | -€4,831 | -12.6% |
| Suppliers | 440/4 | €38,497 | €33,665 | -€4,831 | -12.6% |
| Taxes, remuneration and social security | 45 | €74,528 | €79,065 | +€4,537 | +6.1% |
| Taxes | 450/3 | €54,031 | €55,034 | +€1,003 | +1.9% |
| Remuneration and social security | 454/9 | €20,497 | €24,031 | +€3,534 | +17.2% |
| Other amounts payable | 47/48 | €66,657 | €38,701 | -€27,956 | -41.9% |
| Accrued charges and deferred income | 492/3 | €262 | €226 | -€36 | -13.8% |
| Non-recurring operating income | 76A | - | €6,567 | +€6,567 | |
| Remuneration, social security and pensions | 62 | €229,745 | €155,177 | -€74,569 | -32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,527 | €92,757 | +€8,230 | +9.7% |
| Other operating charges | 640/8 | €7,651 | €9,076 | +€1,425 | +18.6% |
| Non-recurring operating charges | 66A | €140 | €27,822 | +€27,682 | +19,787% |
| Gross operating margin | 9900 | €465,090 | €372,953 | -€92,137 | -19.8% |
| Operating profit (loss) | 9901 | €143,027 | €88,122 | -€54,905 | -38.4% |
| Financial income | 75/76B | €1,176 | €1,391 | +€216 | +18.3% |
| Recurring financial income | 75 | €1,176 | €1,391 | +€216 | +18.3% |
| Financial charges | 65/66B | €7,926 | €10,151 | +€2,225 | +28.1% |
| Recurring financial charges | 65 | €7,926 | €10,151 | +€2,225 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €136,277 | €79,362 | -€56,915 | -41.8% |
| Income taxes | 67/77 | €47,657 | €22,993 | -€24,664 | -51.8% |
| Profit (loss) for the period | 9904 | €88,619 | €56,369 | -€32,250 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €88,619 | €56,369 | -€32,250 | -36.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.