RavenRock: 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.
RavenRock
Largest movements
- Tangible fixed assets -€7,684
down €7,684 (-32.6%), from €23,595 to €15,911
- Deferred charges and accrued income -€982
down €982 (-72.3%), from €1,358 to €377
- Profit (loss) carried forward +€7,163
up €7,163 (+45.4%), from €15,785 to €22,948
- Debts after one year -€6,664
no longer reported in 2025 (was €6,664)
- Other debts -€5,000
down €5,000 (-13.3%), from €37,648 to €32,648
- Current portion of long-term debt -€2,148
down €2,148 (-24.4%), from €8,812 to €6,664
- Tax, wage and social debts -€2,054
down €2,054 (-53.1%), from €3,866 to €1,812
- Gross operating margin -€3,307
down €3,307 (-6.1%), from €54,203 to €50,896
- Taxes -€773
down €773 (-8.2%), from €9,463 to €8,690
- Other operating charges +€739
up €739 (+142.6%), from €518 to €1,258
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 | €79,143 | €70,611 | -€8,532 | -10.8% |
| Fixed assets | 21/28 | €23,807 | €16,123 | -€7,684 | -32.3% |
| Tangible fixed assets | 22/27 | €23,595 | €15,911 | -€7,684 | -32.6% |
| Furniture and vehicles | 24 | €23,595 | €15,911 | -€7,684 | -32.6% |
| Financial fixed assets | 28 | €212 | €212 | = | 0.0% |
| Current assets | 29/58 | €55,336 | €54,488 | -€848 | -1.5% |
| Amounts receivable within one year | 40/41 | €10,697 | €10,436 | -€261 | -2.4% |
| Trade receivables | 40 | €10,648 | €10,436 | -€212 | -2.0% |
| Other amounts receivable | 41 | €49 | - | -€49 | |
| Cash at bank and in hand | 54/58 | €43,280 | €43,675 | +€395 | +0.9% |
| Deferred charges and accrued income | 490/1 | €1,358 | €377 | -€982 | -72.3% |
| Total equity and liabilities | 10/49 | €79,143 | €70,611 | -€8,532 | -10.8% |
| Equity | 10/15 | €21,285 | €28,448 | +€7,163 | +33.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,785 | €22,948 | +€7,163 | +45.4% |
| Amounts payable | 17/49 | €57,858 | €42,163 | -€15,695 | -27.1% |
| Amounts payable after more than one year | 17 | €6,664 | - | -€6,664 | |
| Financial debts | 170/4 | €6,664 | - | -€6,664 | |
| Amounts payable within one year | 42/48 | €51,194 | €42,163 | -€9,031 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €8,812 | €6,664 | -€2,148 | -24.4% |
| Trade debts | 44 | €868 | €1,039 | +€171 | +19.7% |
| Suppliers | 440/4 | €868 | €1,039 | +€171 | +19.7% |
| Taxes, remuneration and social security | 45 | €3,866 | €1,812 | -€2,054 | -53.1% |
| Taxes | 450/3 | €3,866 | €1,812 | -€2,054 | -53.1% |
| Other amounts payable | 47/48 | €37,648 | €32,648 | -€5,000 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,530 | €8,551 | +€21 | +0.3% |
| Other operating charges | 640/8 | €518 | €1,258 | +€739 | +142.6% |
| Gross operating margin | 9900 | €54,203 | €50,896 | -€3,307 | -6.1% |
| Operating profit (loss) | 9901 | €45,154 | €41,086 | -€4,068 | -9.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €310 | €233 | -€77 | -24.8% |
| Recurring financial charges | 65 | €310 | €233 | -€77 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €44,844 | €40,853 | -€3,991 | -8.9% |
| Income taxes | 67/77 | €9,463 | €8,690 | -€773 | -8.2% |
| Profit (loss) for the period | 9904 | €35,381 | €32,163 | -€3,218 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,381 | €32,163 | -€3,218 | -9.1% |
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.