RAW Algemene Dakwerken: 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.
RAW Algemene Dakwerken
Largest movements
- Receivables within one year +€79,014
up €79,014 (+29.1%), from €271,818 to €350,832
of which Other amounts receivable: +€41,161
- Tangible fixed assets -€5,105
down €5,105 (-20.1%), from €25,415 to €20,310
of which Furniture and vehicles: -€5,648
- Cash +€4,227
up €4,227 (+53.7%), from €7,871 to €12,098
mainly Net result for the year (+€100,903) and Current portion of long-term debt (+€15,361)
- Reserves +€100,000
up €100,000 (+57.8%), from €173,000 to €273,000
- Tax, wage and social debts -€20,750
down €20,750 (-24.3%), from €85,374 to €64,624
of which Taxes: -€23,102
- Current portion of long-term debt +€15,361
up €15,361 (+320%), from €4,795 to €20,156
- Trade debts -€12,521
down €12,521 (-77.6%), from €16,145 to €3,624
- Debts after one year -€5,011
down €5,011 (-31.9%), from €15,716 to €10,706
- Staff costs +€16,578
up €16,578 (+156%), from €10,655 to €27,233
- Taxes -€12,690
down €12,690 (-22.9%), from €55,300 to €42,610
- Gross operating margin +€6,389
up €6,389 (+3.7%), from €174,908 to €181,297
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.
Derived cash bridge
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 | €305,594 | €383,577 | +€77,983 | +25.5% |
| Formation expenses | 20 | €491 | €337 | -€154 | -31.3% |
| Fixed assets | 21/28 | €25,415 | €20,310 | -€5,105 | -20.1% |
| Tangible fixed assets | 22/27 | €25,415 | €20,310 | -€5,105 | -20.1% |
| Plant, machinery and equipment | 23 | €3,205 | €3,748 | +€543 | +16.9% |
| Furniture and vehicles | 24 | €22,210 | €16,562 | -€5,648 | -25.4% |
| Current assets | 29/58 | €279,689 | €362,930 | +€83,241 | +29.8% |
| Amounts receivable within one year | 40/41 | €271,818 | €350,832 | +€79,014 | +29.1% |
| Trade receivables | 40 | €69,612 | €107,465 | +€37,853 | +54.4% |
| Other amounts receivable | 41 | €202,206 | €243,367 | +€41,161 | +20.4% |
| Cash at bank and in hand | 54/58 | €7,871 | €12,098 | +€4,227 | +53.7% |
| Total equity and liabilities | 10/49 | €305,594 | €383,577 | +€77,983 | +25.5% |
| Equity | 10/15 | €183,564 | €284,467 | +€100,903 | +55.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €173,000 | €273,000 | +€100,000 | +57.8% |
| Distributable reserves | 133 | €173,000 | €273,000 | +€100,000 | +57.8% |
| Profit (loss) carried forward | 14 | €564 | €1,467 | +€903 | +160% |
| Amounts payable | 17/49 | €122,030 | €99,110 | -€22,920 | -18.8% |
| Amounts payable after more than one year | 17 | €15,716 | €10,706 | -€5,011 | -31.9% |
| Financial debts | 170/4 | €15,716 | €10,706 | -€5,011 | -31.9% |
| Amounts payable within one year | 42/48 | €106,314 | €88,404 | -€17,910 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €4,795 | €20,156 | +€15,361 | +320% |
| Trade debts | 44 | €16,145 | €3,624 | -€12,521 | -77.6% |
| Suppliers | 440/4 | €16,145 | €3,624 | -€12,521 | -77.6% |
| Taxes, remuneration and social security | 45 | €85,374 | €64,624 | -€20,750 | -24.3% |
| Taxes | 450/3 | €83,402 | €60,300 | -€23,102 | -27.7% |
| Remuneration and social security | 454/9 | €1,972 | €4,324 | +€2,352 | +119% |
| Remuneration, social security and pensions | 62 | €10,655 | €27,233 | +€16,578 | +156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,232 | €6,815 | +€583 | +9.3% |
| Other operating charges | 640/8 | €884 | €594 | -€290 | -32.8% |
| Gross operating margin | 9900 | €174,908 | €181,297 | +€6,389 | +3.7% |
| Operating profit (loss) | 9901 | €157,137 | €146,656 | -€10,481 | -6.7% |
| Financial income | 75/76B | €2 | €45 | +€43 | +2,099% |
| Recurring financial income | 75 | €2 | €45 | +€43 | +2,099% |
| Financial charges | 65/66B | €1,512 | €3,187 | +€1,675 | +111% |
| Recurring financial charges | 65 | €1,512 | €3,187 | +€1,675 | +111% |
| Profit (loss) for the period before taxes | 9903 | €155,627 | €143,513 | -€12,114 | -7.8% |
| Income taxes | 67/77 | €55,300 | €42,610 | -€12,690 | -22.9% |
| Profit (loss) for the period | 9904 | €100,328 | €100,903 | +€576 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €100,328 | €100,903 | +€576 | +0.6% |
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 28 October 2026 via checked.be.