RASNEUR NICOLAS: 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.
RASNEUR NICOLAS
Largest movements
- Tangible fixed assets +€35,898
up €35,898 (+431%), from €8,329 to €44,227
of which Furniture and vehicles: +€37,378
- Cash +€31,266
up €31,266 (+116%), from €26,968 to €58,234
mainly Net result for the year (+€50,448) and Other debts (+€48,259)
- Receivables within one year +€16,011
up €16,011 (+218%), from €7,332 to €23,343
of which Trade receivables: +€12,023
- Deferred charges and accrued income +€1,297
new in 2025: €1,297
- Other debts +€48,259
up €48,259 (+242%), from €19,979 to €68,238
- Profit (loss) carried forward +€35,615
new in 2025: €35,615
- Gross operating margin +€36,900
up €36,900 (+112%), from €32,876 to €69,775
- Depreciation +€6,061
up €6,061 (+903%), from €671 to €6,732
- Taxes +€5,592
up €5,592 (+111%), from €5,020 to €10,612
- Other operating charges +€1,794
new in 2025: €1,794
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.
Derived cash bridge
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 | €42,629 | €127,102 | +€84,472 | +198% |
| Fixed assets | 21/28 | €8,329 | €44,227 | +€35,898 | +431% |
| Tangible fixed assets | 22/27 | €8,329 | €44,227 | +€35,898 | +431% |
| Plant, machinery and equipment | 23 | €6,907 | €5,427 | -€1,480 | -21.4% |
| Furniture and vehicles | 24 | €1,422 | €38,800 | +€37,378 | +2,628% |
| Current assets | 29/58 | €34,300 | €82,875 | +€48,574 | +142% |
| Amounts receivable within one year | 40/41 | €7,332 | €23,343 | +€16,011 | +218% |
| Trade receivables | 40 | €6,432 | €18,455 | +€12,023 | +187% |
| Other amounts receivable | 41 | €900 | €4,888 | +€3,988 | +443% |
| Cash at bank and in hand | 54/58 | €26,968 | €58,234 | +€31,266 | +116% |
| Deferred charges and accrued income | 490/1 | - | €1,297 | +€1,297 | |
| Total equity and liabilities | 10/49 | €42,629 | €127,102 | +€84,472 | +198% |
| Equity | 10/15 | €14,286 | €49,902 | +€35,615 | +249% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €12,286 | €12,286 | = | 0.0% |
| Distributable reserves | 133 | €12,286 | €12,286 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €35,615 | +€35,615 | |
| Amounts payable | 17/49 | €28,343 | €77,200 | +€48,857 | +172% |
| Amounts payable within one year | 42/48 | €27,618 | €76,246 | +€48,628 | +176% |
| Trade debts | 44 | €619 | €738 | +€119 | +19.2% |
| Suppliers | 440/4 | €619 | €738 | +€119 | +19.2% |
| Taxes, remuneration and social security | 45 | €7,020 | €7,270 | +€250 | +3.6% |
| Taxes | 450/3 | €7,020 | €7,270 | +€250 | +3.6% |
| Other amounts payable | 47/48 | €19,979 | €68,238 | +€48,259 | +242% |
| Accrued charges and deferred income | 492/3 | €725 | €954 | +€229 | +31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €671 | €6,732 | +€6,061 | +903% |
| Other operating charges | 640/8 | - | €1,794 | +€1,794 | |
| Gross operating margin | 9900 | €32,876 | €69,775 | +€36,900 | +112% |
| Operating profit (loss) | 9901 | €32,205 | €61,250 | +€29,045 | +90.2% |
| Financial charges | 65/66B | €65 | €189 | +€124 | +191% |
| Recurring financial charges | 65 | €65 | €189 | +€124 | +191% |
| Profit (loss) for the period before taxes | 9903 | €32,140 | €61,061 | +€28,921 | +90.0% |
| Income taxes | 67/77 | €5,020 | €10,612 | +€5,592 | +111% |
| Profit (loss) for the period | 9904 | €27,119 | €50,448 | +€23,329 | +86.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,119 | €50,448 | +€23,329 | +86.0% |
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 25 October 2026 via checked.be.