RAVERSEEN: 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.
RAVERSEEN
Largest movements
- Current investments +€90,000
up €90,000 (+50.0%), from €180,000 to €270,000
- Cash -€48,226
down €48,226 (-48.7%), from €99,004 to €50,778
mainly Current investments (-€90,000) and Other debts (-€34,566)
- Reserves +€78,535
up €78,535 (+33.8%), from €232,559 to €311,094
- Other debts -€34,566
down €34,566 (-85.1%), from €40,606 to €6,040
- Financial income +€8,704
new in 2026: €8,704
- Taxes +€2,844
up €2,844 (+8.4%), from €33,796 to €36,640
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €289,146 | €330,881 | +€41,735 | +14.4% |
| Current assets | 29/58 | €289,146 | €330,881 | +€41,735 | +14.4% |
| Amounts receivable within one year | 40/41 | €10,142 | €10,104 | -€39 | -0.4% |
| Trade receivables | 40 | €10,142 | €10,104 | -€39 | -0.4% |
| Current investments | 50/53 | €180,000 | €270,000 | +€90,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €99,004 | €50,778 | -€48,226 | -48.7% |
| Total equity and liabilities | 10/49 | €289,146 | €330,881 | +€41,735 | +14.4% |
| Equity | 10/15 | €235,559 | €314,094 | +€78,535 | +33.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €232,559 | €311,094 | +€78,535 | +33.8% |
| Distributable reserves | 133 | €232,559 | €311,094 | +€78,535 | +33.8% |
| Amounts payable | 17/49 | €53,587 | €16,787 | -€36,800 | -68.7% |
| Amounts payable within one year | 42/48 | €53,587 | €16,787 | -€36,800 | -68.7% |
| Trade debts | 44 | €1,875 | €1,517 | -€358 | -19.1% |
| Suppliers | 440/4 | €1,875 | €1,517 | -€358 | -19.1% |
| Taxes, remuneration and social security | 45 | €11,106 | €9,230 | -€1,876 | -16.9% |
| Taxes | 450/3 | €11,106 | €9,230 | -€1,876 | -16.9% |
| Other amounts payable | 47/48 | €40,606 | €6,040 | -€34,566 | -85.1% |
| Other operating charges | 640/8 | €553 | €567 | +€14 | +2.5% |
| Gross operating margin | 9900 | €106,922 | €107,196 | +€274 | +0.3% |
| Operating profit (loss) | 9901 | €106,369 | €106,629 | +€260 | +0.2% |
| Financial income | 75/76B | - | €8,704 | +€8,704 | |
| Recurring financial income | 75 | - | €8,704 | +€8,704 | |
| Financial charges | 65/66B | €153 | €157 | +€4 | +2.9% |
| Recurring financial charges | 65 | €153 | €157 | +€4 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €106,216 | €115,175 | +€8,959 | +8.4% |
| Income taxes | 67/77 | €33,796 | €36,640 | +€2,844 | +8.4% |
| Profit (loss) for the period | 9904 | €72,420 | €78,535 | +€6,115 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €72,420 | €78,535 | +€6,115 | +8.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.