Raww Consultancy: 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.
Raww Consultancy
Largest movements
- Cash +€47,415
up €47,415 (+59.3%), from €79,936 to €127,351
mainly Net result for the year (+€51,042) and Tax, wage and social debts (+€16,250)
- Current investments +€11,684
new in 2025: €11,684
- Tangible fixed assets -€6,899
down €6,899 (-17.6%), from €39,258 to €32,359
of which Furniture and vehicles: -€7,070
- Receivables within one year +€3,071
up €3,071 (+22.7%), from €13,544 to €16,615
of which Trade receivables: +€3,018
- Reserves +€33,636
up €33,636 (+50.2%), from €67,017 to €100,654
of which Distributable reserves: +€33,636
- Tax, wage and social debts +€16,250
up €16,250 (+267%), from €6,092 to €22,342
- Other debts +€8,344
up €8,344 (+106%), from €7,883 to €16,227
- Debts after one year -€4,224
down €4,224 (-59.2%), from €7,141 to €2,917
- Gross operating margin +€26,807
up €26,807 (+55.9%), from €47,954 to €74,760
- Purchases and services +€4,789
up €4,789 (+5.6%), from €85,096 to €89,884
- Financial income +€2,782
up €2,782 (+156%), from €1,778 to €4,560
of which Financial income: +€1,489
- Taxes +€2,479
up €2,479 (+17.2%), from €14,409 to €16,888
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 | €161,238 | €216,509 | +€55,271 | +34.3% |
| Fixed assets | 21/28 | €39,258 | €32,359 | -€6,899 | -17.6% |
| Tangible fixed assets | 22/27 | €39,258 | €32,359 | -€6,899 | -17.6% |
| Land and buildings | 22 | €16,272 | €15,368 | -€904 | -5.6% |
| Plant, machinery and equipment | 23 | €4,397 | €5,472 | +€1,075 | +24.4% |
| Furniture and vehicles | 24 | €18,589 | €11,519 | -€7,070 | -38.0% |
| Current assets | 29/58 | €121,980 | €184,150 | +€62,170 | +51.0% |
| Amounts receivable after more than one year | 29 | €28,500 | €28,500 | = | 0.0% |
| Other amounts receivable | 291 | €28,500 | €28,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,544 | €16,615 | +€3,071 | +22.7% |
| Trade receivables | 40 | €13,544 | €16,562 | +€3,018 | +22.3% |
| Other amounts receivable | 41 | - | €53 | +€53 | |
| Current investments | 50/53 | - | €11,684 | +€11,684 | |
| Cash at bank and in hand | 54/58 | €79,936 | €127,351 | +€47,415 | +59.3% |
| Total equity and liabilities | 10/49 | €161,238 | €216,509 | +€55,271 | +34.3% |
| Equity | 10/15 | €135,209 | €169,432 | +€34,224 | +25.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €67,017 | €100,654 | +€33,636 | +50.2% |
| Tax-exempt reserves | 132 | €157 | €157 | = | 0.0% |
| Distributable reserves | 133 | €66,860 | €100,496 | +€33,636 | +50.3% |
| Profit (loss) carried forward | 14 | €55,791 | €56,379 | +€587 | +1.1% |
| Amounts payable | 17/49 | €26,030 | €47,077 | +€21,047 | +80.9% |
| Amounts payable after more than one year | 17 | €7,141 | €2,917 | -€4,224 | -59.2% |
| Financial debts | 170/4 | €7,141 | €2,917 | -€4,224 | -59.2% |
| Amounts payable within one year | 42/48 | €18,889 | €44,160 | +€25,271 | +134% |
| Current portion of amounts payable after more than one year | 42 | €4,049 | €5,057 | +€1,008 | +24.9% |
| Trade debts | 44 | €864 | €534 | -€330 | -38.2% |
| Suppliers | 440/4 | €864 | €534 | -€330 | -38.2% |
| Taxes, remuneration and social security | 45 | €6,092 | €22,342 | +€16,250 | +267% |
| Taxes | 450/3 | €6,092 | €22,342 | +€16,250 | +267% |
| Other amounts payable | 47/48 | €7,883 | €16,227 | +€8,344 | +106% |
| Goods, raw materials, services and sundry goods | 60/61 | €85,096 | €89,884 | +€4,789 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,922 | €10,526 | +€604 | +6.1% |
| Other operating charges | 640/8 | €367 | €334 | -€33 | -9.1% |
| Gross operating margin | 9900 | €47,954 | €74,760 | +€26,807 | +55.9% |
| Operating profit (loss) | 9901 | €37,664 | €63,900 | +€26,236 | +69.7% |
| Financial income | 75/76B | €1,778 | €4,560 | +€2,782 | +156% |
| Recurring financial income | 75 | €1,778 | €3,267 | +€1,489 | +83.7% |
| Non-recurring financial income | 76B | - | €1,293 | +€1,293 | |
| Financial charges | 65/66B | €563 | €531 | -€32 | -5.7% |
| Recurring financial charges | 65 | €563 | €531 | -€32 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €38,880 | €67,929 | +€29,049 | +74.7% |
| Income taxes | 67/77 | €14,409 | €16,888 | +€2,479 | +17.2% |
| Profit (loss) for the period | 9904 | €24,471 | €51,042 | +€26,571 | +109% |
| Profit (loss) for the period to be appropriated | 9905 | €24,471 | €51,042 | +€26,571 | +109% |
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 25 October 2026 via checked.be.