RAUCENT MANAGEMENT: what changed
RAUCENT MANAGEMENT
Largest movements
- Deferred charges and accrued income +€40,755
new in 2025: €40,755
- Receivables within one year +€23,081
up €23,081 (+2.0%), from €1.1m to €1.2m
of which Other amounts receivable: +€22,603
- Cash -€19,987
down €19,987 (-7.6%), from €262,986 to €242,999
mainly Contributions, distributions and other (-€461,025) and Deferred charges and accrued income (-€40,755)
- Profit (loss) carried forward -€461,025
no longer reported in 2025 (was €461,025)
- Other debts +€461,025
new in 2025: €461,025
- Reserves +€61,195
up €61,195 (+6.4%), from €948,856 to €1.0m
of which Distributable reserves: +€61,195
- Tax, wage and social debts -€29,883
down €29,883 (-84.1%), from €35,521 to €5,639
- Financial income -€238,896
down €238,896 (-74.0%), from €323,022 to €84,125
of which Financial income: -€238,896
- Turnover -€144,473
no longer reported in 2025 (was €144,473)
- Purchases and services -€137,494
no longer reported in 2025 (was €137,494)
- Taxes -€20,539
down €20,539 (-69.8%), from €29,443 to €8,904
- Gross operating margin -€12,388
down €12,388, from €11,450 to -€938
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,464,002 | €1,496,878 | +€32,876 | +2.2% |
| Fixed assets | 21/28 | €54,412 | €43,439 | -€10,974 | -20.2% |
| Tangible fixed assets | 22/27 | €21,947 | €10,973 | -€10,974 | -50.0% |
| Furniture and vehicles | 24 | €21,947 | €10,973 | -€10,974 | -50.0% |
| Financial fixed assets | 28 | €32,465 | €32,465 | = | 0.0% |
| Current assets | 29/58 | €1,409,590 | €1,453,439 | +€43,849 | +3.1% |
| Amounts receivable within one year | 40/41 | €1,146,604 | €1,169,685 | +€23,081 | +2.0% |
| Trade receivables | 40 | €15,313 | €15,791 | +€478 | +3.1% |
| Other amounts receivable | 41 | €1,131,291 | €1,153,894 | +€22,603 | +2.0% |
| Cash at bank and in hand | 54/58 | €262,986 | €242,999 | -€19,987 | -7.6% |
| Deferred charges and accrued income | 490/1 | - | €40,755 | +€40,755 | |
| Total equity and liabilities | 10/49 | €1,464,002 | €1,496,878 | +€32,876 | +2.2% |
| Equity | 10/15 | €1,428,481 | €1,028,651 | -€399,830 | -28.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €948,856 | €1,010,051 | +€61,195 | +6.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €946,996 | €1,008,191 | +€61,195 | +6.5% |
| Profit (loss) carried forward | 14 | €461,025 | - | -€461,025 | |
| Amounts payable | 17/49 | €35,521 | €468,227 | +€432,706 | +1,218% |
| Amounts payable within one year | 42/48 | €35,521 | €468,129 | +€432,608 | +1,218% |
| Trade debts | 44 | - | €1,466 | +€1,466 | |
| Suppliers | 440/4 | - | €1,466 | +€1,466 | |
| Taxes, remuneration and social security | 45 | €35,521 | €5,639 | -€29,883 | -84.1% |
| Taxes | 450/3 | €35,521 | €5,639 | -€29,883 | -84.1% |
| Other amounts payable | 47/48 | - | €461,025 | +€461,025 | |
| Accrued charges and deferred income | 492/3 | - | €98 | +€98 | |
| Turnover | 70 | €144,473 | - | -€144,473 | |
| Non-recurring operating income | 76A | €4,471 | - | -€4,471 | |
| Goods, raw materials, services and sundry goods | 60/61 | €137,494 | - | -€137,494 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,973 | €10,974 | +€0 | 0.0% |
| Other operating charges | 640/8 | €285 | €1,963 | +€1,678 | +588% |
| Gross operating margin | 9900 | €11,450 | -€938 | -€12,388 | |
| Operating profit (loss) | 9901 | €191 | -€13,874 | -€14,065 | |
| Financial income | 75/76B | €323,022 | €84,125 | -€238,896 | -74.0% |
| Recurring financial income | 75 | €323,022 | €84,125 | -€238,896 | -74.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €452 | €153 | -€299 | -66.2% |
| Recurring financial charges | 65 | €452 | €153 | -€299 | -66.2% |
| Profit (loss) for the period before taxes | 9903 | €322,761 | €70,098 | -€252,663 | -78.3% |
| Income taxes | 67/77 | €29,443 | €8,904 | -€20,539 | -69.8% |
| Profit (loss) for the period | 9904 | €293,318 | €61,195 | -€232,124 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €293,318 | €61,195 | -€232,124 | -79.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.