Rasschaert Andy: 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 Andy
Largest movements
- Receivables within one year +€18,967
up €18,967 (+290%), from €6,534 to €25,500
- Cash +€6,703
up €6,703 (+14.1%), from €47,473 to €54,176
mainly Net result for the year (+€23,954) and Tax, wage and social debts (+€2,447)
- Profit (loss) carried forward +€23,954
up €23,954 (+40.8%), from €58,713 to €82,667
- Tax, wage and social debts +€2,447
up €2,447 (+50.8%), from €4,813 to €7,260
- Trade debts +€1,539
up €1,539, from €0 to €1,539
- Accrued charges and deferred income -€1,279
down €1,279 (-79.2%), from €1,615 to €335
- Gross operating margin +€3,438
up €3,438 (+10.9%), from €31,511 to €34,949
- Taxes +€1,131
up €1,131 (+15.5%), from €7,306 to €8,438
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 | €67,365 | €93,193 | +€25,828 | +38.3% |
| Fixed assets | 21/28 | €2,462 | €2,098 | -€364 | -14.8% |
| Tangible fixed assets | 22/27 | €2,462 | €2,098 | -€364 | -14.8% |
| Plant, machinery and equipment | 23 | €291 | €227 | -€64 | -22.1% |
| Furniture and vehicles | 24 | €2,171 | €1,871 | -€300 | -13.8% |
| Current assets | 29/58 | €64,903 | €91,095 | +€26,192 | +40.4% |
| Amounts receivable within one year | 40/41 | €6,534 | €25,500 | +€18,967 | +290% |
| Trade receivables | 40 | €6,534 | €25,500 | +€18,967 | +290% |
| Cash at bank and in hand | 54/58 | €47,473 | €54,176 | +€6,703 | +14.1% |
| Deferred charges and accrued income | 490/1 | €10,896 | €11,419 | +€522 | +4.8% |
| Total equity and liabilities | 10/49 | €67,365 | €93,193 | +€25,828 | +38.3% |
| Equity | 10/15 | €59,713 | €83,667 | +€23,954 | +40.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,713 | €82,667 | +€23,954 | +40.8% |
| Amounts payable | 17/49 | €7,652 | €9,526 | +€1,874 | +24.5% |
| Amounts payable within one year | 42/48 | €6,037 | €9,190 | +€3,153 | +52.2% |
| Trade debts | 44 | €0 | €1,539 | +€1,539 | |
| Suppliers | 440/4 | €0 | €1,539 | +€1,539 | |
| Taxes, remuneration and social security | 45 | €4,813 | €7,260 | +€2,447 | +50.8% |
| Taxes | 450/3 | €4,813 | €7,260 | +€2,447 | +50.8% |
| Other amounts payable | 47/48 | €1,224 | €391 | -€833 | -68.0% |
| Accrued charges and deferred income | 492/3 | €1,615 | €335 | -€1,279 | -79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €330 | €364 | +€34 | +10.3% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €31,511 | €34,949 | +€3,438 | +10.9% |
| Operating profit (loss) | 9901 | €30,652 | €34,041 | +€3,388 | +11.1% |
| Financial income | 75/76B | €3 | €0 | -€3 | -97.3% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -97.3% |
| Financial charges | 65/66B | €1,949 | €1,649 | -€299 | -15.4% |
| Recurring financial charges | 65 | €1,949 | €1,649 | -€299 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €28,707 | €32,392 | +€3,685 | +12.8% |
| Income taxes | 67/77 | €7,306 | €8,438 | +€1,131 | +15.5% |
| Profit (loss) for the period | 9904 | €21,400 | €23,954 | +€2,554 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,400 | €23,954 | +€2,554 | +11.9% |
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.