RASQUAIN BENOIT: 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.
RASQUAIN BENOIT
Largest movements
- Tangible fixed assets -€112,846
down €112,846 (-10.5%), from €1.1m to €960,027
of which Land and buildings: -€123,012
- Receivables within one year -€103,528
down €103,528 (-20.4%), from €506,405 to €402,878
of which Other amounts receivable: -€95,493
- Cash +€53,262
up €53,262 (+7.8%), from €686,649 to €739,911
mainly Depreciation (+€143,106) and Net result for the year (+€112,706)
- Other debts -€213,012
down €213,012 (-28.0%), from €759,906 to €546,895
- Trade debts +€109,961
up €109,961 (+22.4%), from €491,501 to €601,462
- Debts after one year -€59,084
down €59,084 (-7.2%), from €821,418 to €762,334
- Gross operating margin -€86,152
down €86,152 (-12.4%), from €697,131 to €610,979
- Taxes -€24,173
down €24,173 (-37.4%), from €64,633 to €40,460
- Other operating charges +€9,312
up €9,312 (+47.6%), from €19,578 to €28,890
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 | €2,288,079 | €2,122,141 | -€165,938 | -7.3% |
| Fixed assets | 21/28 | €1,089,169 | €974,766 | -€114,403 | -10.5% |
| Intangible fixed assets | 21 | €16,295 | €14,739 | -€1,556 | -9.5% |
| Tangible fixed assets | 22/27 | €1,072,874 | €960,027 | -€112,846 | -10.5% |
| Land and buildings | 22 | €1,012,022 | €889,011 | -€123,012 | -12.2% |
| Plant, machinery and equipment | 23 | €4,445 | €5,088 | +€644 | +14.5% |
| Furniture and vehicles | 24 | €31,880 | €36,402 | +€4,522 | +14.2% |
| Other tangible fixed assets | 26 | €24,527 | €29,527 | +€5,000 | +20.4% |
| Current assets | 29/58 | €1,198,911 | €1,147,375 | -€51,536 | -4.3% |
| Amounts receivable within one year | 40/41 | €506,405 | €402,878 | -€103,528 | -20.4% |
| Trade receivables | 40 | €99,826 | €91,791 | -€8,035 | -8.0% |
| Other amounts receivable | 41 | €406,580 | €311,087 | -€95,493 | -23.5% |
| Cash at bank and in hand | 54/58 | €686,649 | €739,911 | +€53,262 | +7.8% |
| Deferred charges and accrued income | 490/1 | €5,856 | €4,587 | -€1,269 | -21.7% |
| Total equity and liabilities | 10/49 | €2,288,079 | €2,122,141 | -€165,938 | -7.3% |
| Equity | 10/15 | €126,333 | €127,039 | +€706 | +0.6% |
| Contributions | 10/11 | €61,380 | €61,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,953 | €65,659 | +€706 | +1.1% |
| Amounts payable | 17/49 | €2,161,746 | €1,995,102 | -€166,644 | -7.7% |
| Amounts payable after more than one year | 17 | €821,418 | €762,334 | -€59,084 | -7.2% |
| Financial debts | 170/4 | €821,418 | €762,334 | -€59,084 | -7.2% |
| Amounts payable within one year | 42/48 | €1,340,328 | €1,232,768 | -€107,560 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €62,965 | €59,084 | -€3,881 | -6.2% |
| Trade debts | 44 | €491,501 | €601,462 | +€109,961 | +22.4% |
| Suppliers | 440/4 | €491,501 | €601,462 | +€109,961 | +22.4% |
| Taxes, remuneration and social security | 45 | €25,956 | €25,328 | -€628 | -2.4% |
| Taxes | 450/3 | €3,266 | €181 | -€3,085 | -94.5% |
| Remuneration and social security | 454/9 | €22,690 | €25,147 | +€2,457 | +10.8% |
| Other amounts payable | 47/48 | €759,906 | €546,895 | -€213,012 | -28.0% |
| Non-recurring operating income | 76A | €5,880 | - | -€5,880 | |
| Remuneration, social security and pensions | 62 | €238,463 | €241,985 | +€3,522 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147,914 | €143,106 | -€4,807 | -3.3% |
| Other operating charges | 640/8 | €19,578 | €28,890 | +€9,312 | +47.6% |
| Non-recurring operating charges | 66A | €6,317 | €1,146 | -€5,171 | -81.9% |
| Gross operating margin | 9900 | €697,131 | €610,979 | -€86,152 | -12.4% |
| Operating profit (loss) | 9901 | €284,858 | €195,851 | -€89,008 | -31.2% |
| Financial income | 75/76B | €3,386 | €4,146 | +€761 | +22.5% |
| Recurring financial income | 75 | €3,386 | €4,146 | +€761 | +22.5% |
| Financial charges | 65/66B | €46,731 | €46,831 | +€100 | +0.2% |
| Recurring financial charges | 65 | €46,731 | €46,831 | +€100 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €241,513 | €153,166 | -€88,347 | -36.6% |
| Income taxes | 67/77 | €64,633 | €40,460 | -€24,173 | -37.4% |
| Profit (loss) for the period | 9904 | €176,880 | €112,706 | -€64,174 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €176,880 | €112,706 | -€64,174 | -36.3% |
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.