Rayador: 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.
Rayador
Largest movements
- Cash -€14,953
down €14,953 (-49.2%), from €30,370 to €15,417
mainly Net result for the year (-€9,417) and Receivables within one year (-€4,306)
- Receivables within one year +€4,306
up €4,306 (+45.9%), from €9,379 to €13,684
of which Other amounts receivable: +€5,003
- Tangible fixed assets -€1,005
down €1,005 (-44.9%), from €2,235 to €1,231
- Deferred charges and accrued income -€576
down €576 (-40.4%), from €1,427 to €851
- Reserves -€9,417
down €9,417 (-31.4%), from €29,984 to €20,567
- Tax, wage and social debts -€3,476
down €3,476 (-46.9%), from €7,408 to €3,932
- Other debts +€667
up €667 (+4,025%), from €17 to €684
- Gross operating margin -€25,240
down €25,240, from €18,060 to -€7,180
- Taxes -€4,590
down €4,590, from €4,425 to -€164
- Depreciation +€572
up €572 (+132%), from €433 to €1,005
- Financial charges +€237
up €237 (+36.3%), from €654 to €891
- Other operating charges +€227
up €227 (+71.8%), from €316 to €543
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 | €43,411 | €31,183 | -€12,229 | -28.2% |
| Fixed assets | 21/28 | €2,235 | €1,231 | -€1,005 | -44.9% |
| Tangible fixed assets | 22/27 | €2,235 | €1,231 | -€1,005 | -44.9% |
| Furniture and vehicles | 24 | €2,235 | €1,231 | -€1,005 | -44.9% |
| Current assets | 29/58 | €41,176 | €29,952 | -€11,224 | -27.3% |
| Amounts receivable within one year | 40/41 | €9,379 | €13,684 | +€4,306 | +45.9% |
| Trade receivables | 40 | €9,379 | €8,682 | -€697 | -7.4% |
| Other amounts receivable | 41 | - | €5,003 | +€5,003 | |
| Cash at bank and in hand | 54/58 | €30,370 | €15,417 | -€14,953 | -49.2% |
| Deferred charges and accrued income | 490/1 | €1,427 | €851 | -€576 | -40.4% |
| Total equity and liabilities | 10/49 | €43,411 | €31,183 | -€12,229 | -28.2% |
| Equity | 10/15 | €35,984 | €26,567 | -€9,417 | -26.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €29,984 | €20,567 | -€9,417 | -31.4% |
| Distributable reserves | 133 | €29,984 | €20,567 | -€9,417 | -31.4% |
| Amounts payable | 17/49 | €7,428 | €4,616 | -€2,812 | -37.9% |
| Amounts payable within one year | 42/48 | €7,428 | €4,616 | -€2,812 | -37.9% |
| Trade debts | 44 | €3 | €0 | -€3 | -100% |
| Suppliers | 440/4 | €3 | €0 | -€3 | -100% |
| Taxes, remuneration and social security | 45 | €7,408 | €3,932 | -€3,476 | -46.9% |
| Taxes | 450/3 | €7,408 | €3,932 | -€3,476 | -46.9% |
| Other amounts payable | 47/48 | €17 | €684 | +€667 | +4,025% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €433 | €1,005 | +€572 | +132% |
| Other operating charges | 640/8 | €316 | €543 | +€227 | +71.8% |
| Gross operating margin | 9900 | €18,060 | -€7,180 | -€25,240 | |
| Operating profit (loss) | 9901 | €17,311 | -€8,728 | -€26,039 | |
| Financial income | 75/76B | €25 | €38 | +€13 | +50.0% |
| Recurring financial income | 75 | €25 | €38 | +€13 | +50.0% |
| Financial charges | 65/66B | €654 | €891 | +€237 | +36.3% |
| Recurring financial charges | 65 | €654 | €891 | +€237 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | €16,682 | -€9,581 | -€26,263 | |
| Income taxes | 67/77 | €4,425 | -€164 | -€4,590 | |
| Profit (loss) for the period | 9904 | €12,257 | -€9,417 | -€21,674 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,257 | -€9,417 | -€21,674 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.