RAUDENT: 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.
RAUDENT
Largest movements
- Cash -€20,835
down €20,835 (-23.7%), from €88,040 to €67,205
mainly Contributions, distributions and other (-€114,835) and Deferred charges and accrued income (-€7,007)
- Deferred charges and accrued income +€7,007
up €7,007 (+87.0%), from €8,056 to €15,062
- Tangible fixed assets -€6,213
down €6,213 (-32.2%), from €19,326 to €13,113
of which Furniture and vehicles: -€4,287
- Current investments +€3,600
up €3,600 (+60.0%), from €6,000 to €9,600
- Profit (loss) carried forward -€60,368
down €60,368 (-56.9%), from €106,149 to €45,781
- Other debts +€41,350
new in 2025: €41,350
- Tax, wage and social debts +€7,441
up €7,441 (+215.8%), from €3,448 to €10,889
- Trade debts -€4,630
down €4,630 (-58.1%), from €7,969 to €3,339
- Gross operating margin +€33,606
up €33,606 (+63.8%), from €52,705 to €86,311
- Taxes +€6,295
up €6,295 (+61.4%), from €10,248 to €16,543
- Other operating charges +€4,920
up €4,920 (+544.1%), from €904 to €5,824
- Financial charges +€2,655
up €2,655 (+435.9%), from €609 to €3,264
- Depreciation +€1,559
up €1,559 (+33.5%), from €4,654 to €6,213
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 | €121,422 | €104,980 | -€16,442 | -13.5% |
| Fixed assets | 21/28 | €19,326 | €13,113 | -€6,213 | -32.2% |
| Tangible fixed assets | 22/27 | €19,326 | €13,113 | -€6,213 | -32.2% |
| Plant, machinery and equipment | 23 | €6,835 | €4,908 | -€1,927 | -28.2% |
| Furniture and vehicles | 24 | €12,492 | €8,205 | -€4,287 | -34.3% |
| Current assets | 29/58 | €102,096 | €91,867 | -€10,229 | -10.0% |
| Current investments | 50/53 | €6,000 | €9,600 | +€3,600 | +60.0% |
| Cash at bank and in hand | 54/58 | €88,040 | €67,205 | -€20,835 | -23.7% |
| Deferred charges and accrued income | 490/1 | €8,056 | €15,062 | +€7,007 | +87.0% |
| Total equity and liabilities | 10/49 | €121,422 | €104,980 | -€16,442 | -13.5% |
| Equity | 10/15 | €108,649 | €48,281 | -€60,368 | -55.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,149 | €45,781 | -€60,368 | -56.9% |
| Amounts payable | 17/49 | €12,773 | €56,699 | +€43,926 | +343.9% |
| Amounts payable within one year | 42/48 | €11,417 | €55,578 | +€44,161 | +386.8% |
| Trade debts | 44 | €7,969 | €3,339 | -€4,630 | -58.1% |
| Suppliers | 440/4 | €7,969 | €3,339 | -€4,630 | -58.1% |
| Taxes, remuneration and social security | 45 | €3,448 | €10,889 | +€7,441 | +215.8% |
| Taxes | 450/3 | €3,448 | €10,889 | +€7,441 | +215.8% |
| Other amounts payable | 47/48 | - | €41,350 | +€41,350 | |
| Accrued charges and deferred income | 492/3 | €1,356 | €1,121 | -€235 | -17.3% |
| Non-recurring operating income | 76A | - | €7,838 | +€7,838 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,654 | €6,213 | +€1,559 | +33.5% |
| Other operating charges | 640/8 | €904 | €5,824 | +€4,920 | +544.1% |
| Gross operating margin | 9900 | €52,705 | €86,311 | +€33,606 | +63.8% |
| Operating profit (loss) | 9901 | €47,146 | €74,273 | +€27,127 | +57.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €609 | €3,264 | +€2,655 | +435.9% |
| Recurring financial charges | 65 | €609 | €3,264 | +€2,655 | +435.9% |
| Profit (loss) for the period before taxes | 9903 | €46,537 | €71,009 | +€24,472 | +52.6% |
| Income taxes | 67/77 | €10,248 | €16,543 | +€6,295 | +61.4% |
| Profit (loss) for the period | 9904 | €36,290 | €54,466 | +€18,177 | +50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,290 | €54,466 | +€18,177 | +50.1% |
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.