RAYAN FOOD: what changed
What changed
RAYAN FOOD
NACE 49.330, On-demand passenger transport by chauffeured vehicle
filed annual accounts (NBB)
Net result for the year
€4,107
2023 · -€45,604+€49,712
Equity
€21,659
2023 · €17,552+€4,107
Cash
€21,219
2023 · €22,061-€841
Balance sheet total
€57,383
2023 · €91,166-€33,783
Largest movements
Assets
- Receivables within one year -€21,821
down €21,821 (-76.6%), from €28,503 to €6,683
of which Trade receivables: -€17,778
- Tangible fixed assets -€9,808
down €9,808 (-27.2%), from €36,078 to €26,270
of which Furniture and vehicles: -€9,122
- Deferred charges and accrued income -€1,314
no longer reported in 2024 (was €1,314)
Equity and liabilities
- Tax, wage and social debts -€30,922
no longer reported in 2024 (was €30,922)
- Other debts +€6,833
up €6,833 (+54.2%), from €12,601 to €19,435
- Debts after one year -€6,032
down €6,032 (-52.2%), from €11,561 to €5,529
- Profit (loss) carried forward +€4,107
up €4,107 (+7.4%), from -€55,232 to -€51,125
- Trade debts -€2,981
down €2,981 (-38.7%), from €7,709 to €4,728
Income statement
- Staff costs -€55,684
no longer reported in 2024 (was €55,684)
- Gross operating margin -€40,427
down €40,427 (-66.9%), from €60,418 to €19,991
- Other operating charges -€15,212
down €15,212 (-84.2%), from €18,068 to €2,856
- Depreciation -€6,829
down €6,829 (-37.8%), from €18,062 to €11,233
- Financial charges -€6,405
down €6,405 (-77.9%), from €8,219 to €1,815
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€45,604
Gross operating margin
-€40,427
Staff costs
+€55,684
Depreciation
+€6,829
Other operating charges
+€15,212
Financial income
+€9
Financial charges
+€6,405
Taxes
+€6,000
Result 2024
€4,107
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€11,274
Investment
-€1,425
Financing
-€10,691
Cash 2023
€22,061
From operations (derived)
+€11,274
Net result for the year
+€4,107
Depreciation
+€11,233
Receivables within one year
+€21,821
Deferred charges and accrued income
+€1,314
Trade debts
-€2,981
Tax, wage and social debts
-€30,922
Other debts
+€6,833
Accrued charges and deferred income
-€130
Investment (derived)
-€1,425
Investment in fixed assets (net)
-€1,425
Financing
-€10,691
Debts after one year
-€6,032
Current portion of long-term debt
-€2,628
Short-term financial debts
-€2,031
Cash 2024
€21,219
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,166 | €57,383 | -€33,783 | -37.1% |
| Fixed assets | 21/28 | €39,288 | €29,480 | -€9,808 | -25.0% |
| Tangible fixed assets | 22/27 | €36,078 | €26,270 | -€9,808 | -27.2% |
| Plant, machinery and equipment | 23 | €3,428 | €2,743 | -€686 | -20.0% |
| Furniture and vehicles | 24 | €32,650 | €23,528 | -€9,122 | -27.9% |
| Financial fixed assets | 28 | €3,210 | €3,210 | = | 0.0% |
| Current assets | 29/58 | €51,878 | €27,902 | -€23,975 | -46.2% |
| Amounts receivable within one year | 40/41 | €28,503 | €6,683 | -€21,821 | -76.6% |
| Trade receivables | 40 | €23,393 | €5,614 | -€17,778 | -76.0% |
| Other amounts receivable | 41 | €5,111 | €1,068 | -€4,042 | -79.1% |
| Cash at bank and in hand | 54/58 | €22,061 | €21,219 | -€841 | -3.8% |
| Deferred charges and accrued income | 490/1 | €1,314 | - | -€1,314 | |
| Total equity and liabilities | 10/49 | €91,166 | €57,383 | -€33,783 | -37.1% |
| Equity | 10/15 | €17,552 | €21,659 | +€4,107 | +23.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,184 | €54,184 | = | 0.0% |
| Tax-exempt reserves | 132 | €56 | €56 | = | 0.0% |
| Distributable reserves | 133 | €54,128 | €54,128 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,232 | -€51,125 | +€4,107 | +7.4% |
| Amounts payable | 17/49 | €73,614 | €35,723 | -€37,891 | -51.5% |
| Amounts payable after more than one year | 17 | €11,561 | €5,529 | -€6,032 | -52.2% |
| Financial debts | 170/4 | €11,561 | €5,529 | -€6,032 | -52.2% |
| Amounts payable within one year | 42/48 | €61,923 | €30,194 | -€31,729 | -51.2% |
| Current portion of amounts payable after more than one year | 42 | €8,660 | €6,032 | -€2,628 | -30.3% |
| Financial debts | 43 | €2,031 | - | -€2,031 | |
| Credit institutions | 430/8 | €2,031 | - | -€2,031 | |
| Trade debts | 44 | €7,709 | €4,728 | -€2,981 | -38.7% |
| Suppliers | 440/4 | €7,709 | €4,728 | -€2,981 | -38.7% |
| Taxes, remuneration and social security | 45 | €30,922 | - | -€30,922 | |
| Remuneration and social security | 454/9 | €30,922 | - | -€30,922 | |
| Other amounts payable | 47/48 | €12,601 | €19,435 | +€6,833 | +54.2% |
| Accrued charges and deferred income | 492/3 | €130 | - | -€130 | |
| Remuneration, social security and pensions | 62 | €55,684 | - | -€55,684 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,062 | €11,233 | -€6,829 | -37.8% |
| Other operating charges | 640/8 | €18,068 | €2,856 | -€15,212 | -84.2% |
| Gross operating margin | 9900 | €60,418 | €19,991 | -€40,427 | -66.9% |
| Operating profit (loss) | 9901 | -€31,396 | €5,902 | +€37,298 | |
| Financial income | 75/76B | €11 | €20 | +€9 | +87.0% |
| Recurring financial income | 75 | €11 | €20 | +€9 | +87.0% |
| Financial charges | 65/66B | €8,219 | €1,815 | -€6,405 | -77.9% |
| Recurring financial charges | 65 | €8,219 | €1,815 | -€6,405 | -77.9% |
| Profit (loss) for the period before taxes | 9903 | -€39,604 | €4,107 | +€43,712 | |
| Income taxes | 67/77 | €6,000 | - | -€6,000 | |
| Profit (loss) for the period | 9904 | -€45,604 | €4,107 | +€49,712 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,604 | €4,107 | +€49,712 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.