RASTER - AFSLUITINGEN: what changed
Two fiscal 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.
RASTER - AFSLUITINGEN
Largest movements
- Tangible fixed assets -€33,377
down €33,377 (-13.7%), from €242,991 to €209,614
of which Furniture and vehicles: -€19,546
- Receivables within one year -€13,708
down €13,708 (-17.3%), from €79,201 to €65,493
of which Other amounts receivable: -€18,629
- Stocks and contracts -€8,550
down €8,550 (-2.8%), from €304,810 to €296,260
of which Contracts in progress: -€12,405
- Reserves -€39,361
down €39,361 (-24.2%), from €162,425 to €123,064
- Debts after one year -€36,644
down €36,644 (-13.8%), from €264,791 to €228,147
- Tax, wage and social debts +€7,129
up €7,129 (+37.5%), from €19,003 to €26,132
of which Taxes: +€5,336
- Gross operating margin -€46,306
down €46,306 (-15.9%), from €291,960 to €245,654
- Staff costs +€11,296
up €11,296 (+5.1%), from €220,517 to €231,813
- Depreciation -€8,859
down €8,859 (-16.4%), from €53,943 to €45,084
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 | €672,485 | €611,890 | -€60,595 | -9.0% |
| Fixed assets | 21/28 | €249,226 | €215,849 | -€33,377 | -13.4% |
| Tangible fixed assets | 22/27 | €242,991 | €209,614 | -€33,377 | -13.7% |
| Land and buildings | 22 | €180,281 | €162,253 | -€18,028 | -10.0% |
| Plant, machinery and equipment | 23 | €10,510 | €14,707 | +€4,197 | +39.9% |
| Furniture and vehicles | 24 | €52,200 | €32,655 | -€19,546 | -37.4% |
| Financial fixed assets | 28 | €6,235 | €6,235 | = | 0.0% |
| Current assets | 29/58 | €423,259 | €396,041 | -€27,218 | -6.4% |
| Stocks and contracts in progress | 3 | €304,810 | €296,260 | -€8,550 | -2.8% |
| Stocks | 30/36 | €292,405 | €296,260 | +€3,855 | +1.3% |
| Contracts in progress | 37 | €12,405 | - | -€12,405 | |
| Amounts receivable within one year | 40/41 | €79,201 | €65,493 | -€13,708 | -17.3% |
| Trade receivables | 40 | €53,841 | €58,762 | +€4,921 | +9.1% |
| Other amounts receivable | 41 | €25,360 | €6,731 | -€18,629 | -73.5% |
| Cash at bank and in hand | 54/58 | €26,577 | €28,288 | +€1,711 | +6.4% |
| Deferred charges and accrued income | 490/1 | €12,671 | €6,000 | -€6,671 | -52.6% |
| Total equity and liabilities | 10/49 | €672,485 | €611,890 | -€60,595 | -9.0% |
| Equity | 10/15 | €187,214 | €147,853 | -€39,361 | -21.0% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €162,425 | €123,064 | -€39,361 | -24.2% |
| Distributable reserves | 133 | €162,425 | €123,064 | -€39,361 | -24.2% |
| Amounts payable | 17/49 | €485,270 | €464,037 | -€21,234 | -4.4% |
| Amounts payable after more than one year | 17 | €264,791 | €228,147 | -€36,644 | -13.8% |
| Financial debts | 170/4 | €264,791 | €228,147 | -€36,644 | -13.8% |
| Amounts payable within one year | 42/48 | €218,734 | €231,595 | +€12,861 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €35,519 | €36,644 | +€1,125 | +3.2% |
| Trade debts | 44 | €151,424 | €154,077 | +€2,653 | +1.8% |
| Suppliers | 440/4 | €151,424 | €154,077 | +€2,653 | +1.8% |
| Taxes, remuneration and social security | 45 | €19,003 | €26,132 | +€7,129 | +37.5% |
| Taxes | 450/3 | €8,181 | €13,518 | +€5,336 | +65.2% |
| Remuneration and social security | 454/9 | €10,822 | €12,615 | +€1,793 | +16.6% |
| Other amounts payable | 47/48 | €12,788 | €14,742 | +€1,954 | +15.3% |
| Accrued charges and deferred income | 492/3 | €1,745 | €4,294 | +€2,549 | +146.1% |
| Remuneration, social security and pensions | 62 | €220,517 | €231,813 | +€11,296 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,943 | €45,084 | -€8,859 | -16.4% |
| Other operating charges | 640/8 | €1,200 | €1,422 | +€222 | +18.5% |
| Gross operating margin | 9900 | €291,960 | €245,654 | -€46,306 | -15.9% |
| Operating profit (loss) | 9901 | €16,299 | -€32,666 | -€48,965 | |
| Financial income | 75/76B | €522 | €486 | -€37 | -7.0% |
| Recurring financial income | 75 | €522 | €486 | -€37 | -7.0% |
| Financial charges | 65/66B | €8,010 | €6,951 | -€1,059 | -13.2% |
| Recurring financial charges | 65 | €8,010 | €6,951 | -€1,059 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €8,811 | -€39,132 | -€47,943 | |
| Income taxes | 67/77 | €3,040 | €229 | -€2,810 | -92.5% |
| Profit (loss) for the period | 9904 | €5,771 | -€39,361 | -€45,132 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,771 | -€39,361 | -€45,132 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.