Rasschaert Immo: 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 Immo
Largest movements
- Cash -€44,516
down €44,516 (-51.4%), from €86,589 to €42,073
mainly Investment in fixed assets (net) (-€73,188) and Debts after one year (-€31,374)
- Tangible fixed assets +€34,385
up €34,385 (+5.2%), from €664,321 to €698,706
of which Land and buildings: +€51,898
- Debts after one year -€31,374
down €31,374 (-11.7%), from €267,135 to €235,761
- Profit (loss) carried forward +€13,446
up €13,446 (+307.2%), from €4,377 to €17,822
- Depreciation +€11,289
up €11,289 (+41.0%), from €27,514 to €38,803
- Gross operating margin -€5,922
down €5,922 (-6.8%), from €86,878 to €80,956
- Taxes +€5,273
up €5,273 (+4637.0%), from €114 to €5,387
- Other operating charges +€2,416
up €2,416 (+26.2%), from €9,238 to €11,654
- Financial charges +€973
up €973 (+9.7%), from €9,987 to €10,959
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 | €752,650 | €742,024 | -€10,626 | -1.4% |
| Fixed assets | 21/28 | €664,370 | €698,755 | +€34,385 | +5.2% |
| Tangible fixed assets | 22/27 | €664,321 | €698,706 | +€34,385 | +5.2% |
| Land and buildings | 22 | €337,457 | €389,355 | +€51,898 | +15.4% |
| Plant, machinery and equipment | 23 | €1,369 | €934 | -€435 | -31.8% |
| Furniture and vehicles | 24 | €76,665 | €59,587 | -€17,077 | -22.3% |
| Other tangible fixed assets | 26 | €248,830 | €248,830 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €88,280 | €43,268 | -€45,012 | -51.0% |
| Amounts receivable within one year | 40/41 | €386 | €386 | = | 0.0% |
| Other amounts receivable | 41 | €386 | €386 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €86,589 | €42,073 | -€44,516 | -51.4% |
| Deferred charges and accrued income | 490/1 | €1,305 | €809 | -€496 | -38.0% |
| Total equity and liabilities | 10/49 | €752,650 | €742,024 | -€10,626 | -1.4% |
| Equity | 10/15 | €379,607 | €393,760 | +€14,153 | +3.7% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Capital | 10 | €375,000 | €375,000 | = | 0.0% |
| Issued capital | 100 | €375,000 | €375,000 | = | 0.0% |
| Reserves | 13 | €230 | €938 | +€708 | +307.2% |
| Non-distributable reserves | 130/1 | €230 | €938 | +€708 | +307.2% |
| Legal reserve | 130 | €230 | €938 | +€708 | +307.2% |
| Profit (loss) carried forward | 14 | €4,377 | €17,822 | +€13,446 | +307.2% |
| Amounts payable | 17/49 | €373,043 | €348,264 | -€24,779 | -6.6% |
| Amounts payable after more than one year | 17 | €267,135 | €235,761 | -€31,374 | -11.7% |
| Financial debts | 170/4 | €267,135 | €235,761 | -€31,374 | -11.7% |
| Amounts payable within one year | 42/48 | €103,658 | €109,263 | +€5,605 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €30,823 | €31,374 | +€551 | +1.8% |
| Trade debts | 44 | €338 | €494 | +€156 | +46.0% |
| Suppliers | 440/4 | €338 | €494 | +€156 | +46.0% |
| Taxes, remuneration and social security | 45 | - | €4,637 | +€4,637 | |
| Taxes | 450/3 | - | €4,637 | +€4,637 | |
| Other amounts payable | 47/48 | €72,496 | €72,758 | +€262 | +0.4% |
| Accrued charges and deferred income | 492/3 | €2,250 | €3,240 | +€990 | +44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,514 | €38,803 | +€11,289 | +41.0% |
| Other operating charges | 640/8 | €9,238 | €11,654 | +€2,416 | +26.2% |
| Gross operating margin | 9900 | €86,878 | €80,956 | -€5,922 | -6.8% |
| Operating profit (loss) | 9901 | €50,126 | €30,499 | -€19,626 | -39.2% |
| Financial charges | 65/66B | €9,987 | €10,959 | +€973 | +9.7% |
| Recurring financial charges | 65 | €9,987 | €10,959 | +€973 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €40,139 | €19,540 | -€20,599 | -51.3% |
| Income taxes | 67/77 | €114 | €5,387 | +€5,273 | +4637.0% |
| Profit (loss) for the period | 9904 | €40,025 | €14,153 | -€25,872 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,025 | €14,153 | -€25,872 | -64.6% |
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.