Ray-Création.eu: what changed
Ray-Création.eu
Largest movements
- Cash +€6,981
up €6,981 (+1,270%), from €550 to €7,531
mainly Net result for the year (+€11,418) and Tax, wage and social debts (+€5,211)
- Receivables within one year +€1,584
up €1,584 (+35.3%), from €4,481 to €6,065
- Tangible fixed assets +€497
up €497 (+224%), from €222 to €719
- Financial fixed assets -€400
no longer reported in 2025 (was €400)
- Profit (loss) carried forward +€11,418
up €11,418 (+47.8%), from -€23,887 to -€12,470
- Other debts -€8,246
down €8,246 (-35.3%), from €23,356 to €15,110
- Tax, wage and social debts +€5,211
up €5,211 (+343%), from €1,521 to €6,732
- Trade debts +€280
up €280 (+16.9%), from €1,663 to €1,944
- Gross operating margin +€22,641
up €22,641, from -€8,152 to €14,490
- Other operating charges -€3,311
down €3,311 (-67.0%), from €4,943 to €1,632
- Taxes +€763
up €763 (+440%), from €173 to €936
- Depreciation -€185
down €185 (-42.3%), from €437 to €253
- Financial charges +€162
up €162 (+180%), from €90 to €252
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,653 | €14,316 | +€8,663 | +153% |
| Fixed assets | 21/28 | €622 | €719 | +€97 | +15.7% |
| Tangible fixed assets | 22/27 | €222 | €719 | +€497 | +224% |
| Plant, machinery and equipment | 23 | €222 | €719 | +€497 | +224% |
| Financial fixed assets | 28 | €400 | - | -€400 | |
| Current assets | 29/58 | €5,031 | €13,597 | +€8,566 | +170% |
| Amounts receivable within one year | 40/41 | €4,481 | €6,065 | +€1,584 | +35.3% |
| Trade receivables | 40 | €4,481 | €6,065 | +€1,584 | +35.3% |
| Cash at bank and in hand | 54/58 | €550 | €7,531 | +€6,981 | +1,270% |
| Total equity and liabilities | 10/49 | €5,653 | €14,316 | +€8,663 | +153% |
| Equity | 10/15 | -€20,887 | -€9,470 | +€11,418 | +54.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,887 | -€12,470 | +€11,418 | +47.8% |
| Amounts payable | 17/49 | €26,540 | €23,786 | -€2,755 | -10.4% |
| Amounts payable within one year | 42/48 | €26,540 | €23,786 | -€2,755 | -10.4% |
| Trade debts | 44 | €1,663 | €1,944 | +€280 | +16.9% |
| Suppliers | 440/4 | €1,663 | €1,944 | +€280 | +16.9% |
| Taxes, remuneration and social security | 45 | €1,521 | €6,732 | +€5,211 | +343% |
| Taxes | 450/3 | €1,521 | €6,732 | +€5,211 | +343% |
| Other amounts payable | 47/48 | €23,356 | €15,110 | -€8,246 | -35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €437 | €253 | -€185 | -42.3% |
| Other operating charges | 640/8 | €4,943 | €1,632 | -€3,311 | -67.0% |
| Gross operating margin | 9900 | -€8,152 | €14,490 | +€22,641 | |
| Operating profit (loss) | 9901 | -€13,532 | €12,605 | +€26,138 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €90 | €252 | +€162 | +180% |
| Recurring financial charges | 65 | €90 | €252 | +€162 | +180% |
| Profit (loss) for the period before taxes | 9903 | -€13,621 | €12,353 | +€25,975 | |
| Income taxes | 67/77 | €173 | €936 | +€763 | +440% |
| Profit (loss) for the period | 9904 | -€13,795 | €11,418 | +€25,212 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,795 | €11,418 | +€25,212 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.