RASSCHAERT: 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.
RASSCHAERT
Largest movements
- Receivables within one year +€36,683
up €36,683 (+9520.4%), from €385 to €37,068
- Intangible fixed assets -€15,243
no longer reported in 2025 (was €15,243)
- Tangible fixed assets -€5,937
no longer reported in 2025 (was €5,937)
of which Furniture and vehicles: -€4,047
- Cash -€1,480
no longer reported in 2025 (was €1,480)
- Contributions +€18,600
new in 2025: €18,600
- Profit (loss) carried forward -€8,052
down €8,052 (-62.7%), from -€12,839 to -€20,892
- Other debts +€3,232
up €3,232 (+35.4%), from €9,127 to €12,359
- Reserves +€1,859
up €1,859 (+7.4%), from €25,142 to €27,001
of which Non-distributable reserves: +€1,859
- Trade debts -€1,615
no longer reported in 2025 (was €1,615)
- Turnover -€31,140
no longer reported in 2025 (was €31,140)
- Gross operating margin -€27,338
no longer reported in 2025 (was €27,338)
- Purchases and services -€25,722
no longer reported in 2025 (was €25,722)
- Other operating charges -€23,401
down €23,401 (-97.5%), from €24,000 to €599
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,045 | €37,068 | +€14,023 | +60.9% |
| Fixed assets | 21/28 | €21,180 | - | -€21,180 | |
| Intangible fixed assets | 21 | €15,243 | - | -€15,243 | |
| Tangible fixed assets | 22/27 | €5,937 | - | -€5,937 | |
| Plant, machinery and equipment | 23 | €1,890 | - | -€1,890 | |
| Furniture and vehicles | 24 | €4,047 | - | -€4,047 | |
| Current assets | 29/58 | €1,865 | €37,068 | +€35,203 | +1887.7% |
| Amounts receivable within one year | 40/41 | €385 | €37,068 | +€36,683 | +9520.4% |
| Other amounts receivable | 41 | €385 | €37,068 | +€36,683 | +9520.4% |
| Cash at bank and in hand | 54/58 | €1,480 | - | -€1,480 | |
| Total equity and liabilities | 10/49 | €23,045 | €37,068 | +€14,023 | +60.9% |
| Equity | 10/15 | €12,303 | €24,710 | +€12,407 | +100.8% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €25,142 | €27,001 | +€1,859 | +7.4% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Distributable reserves | 133 | €25,142 | €25,142 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,839 | -€20,892 | -€8,052 | -62.7% |
| Amounts payable | 17/49 | €10,742 | €12,359 | +€1,616 | +15.0% |
| Amounts payable within one year | 42/48 | €10,742 | €12,359 | +€1,616 | +15.0% |
| Trade debts | 44 | €1,615 | - | -€1,615 | |
| Suppliers | 440/4 | €1,615 | - | -€1,615 | |
| Other amounts payable | 47/48 | €9,127 | €12,359 | +€3,232 | +35.4% |
| Turnover | 70 | €31,140 | - | -€31,140 | |
| Goods, raw materials, services and sundry goods | 60/61 | €25,722 | - | -€25,722 | |
| Other operating charges | 640/8 | €24,000 | €599 | -€23,401 | -97.5% |
| Gross operating margin | 9900 | €27,338 | - | -€27,338 | |
| Operating profit (loss) | 9901 | €3,338 | -€599 | -€3,937 | |
| Financial charges | 65/66B | €52 | - | -€52 | |
| Recurring financial charges | 65 | €52 | - | -€52 | |
| Profit (loss) for the period before taxes | 9903 | €3,286 | -€599 | -€3,885 | |
| Profit (loss) for the period | 9904 | €3,286 | -€599 | -€3,885 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,286 | -€599 | -€3,885 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.