RAYANZO: what changed
Two fiscal 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.
RAYANZO
Largest movements
- Receivables within one year +€14,239
up €14,239 (+1378.4%), from €1,033 to €15,272
- Intangible fixed assets -€1,500
down €1,500 (-11.1%), from €13,500 to €12,000
- Tangible fixed assets +€1,446
up €1,446 (+82.7%), from €1,749 to €3,195
of which Plant, machinery and equipment: +€2,321
- Cash -€673
down €673 (-60.0%), from €1,121 to €448
mainly Other debts (-€28,590) and Receivables within one year (-€14,239)
- Profit (loss) carried forward +€32,700
up €32,700, from -€21,678 to €11,022
- Other debts -€28,590
no longer reported in 2023 (was €28,590)
- Tax, wage and social debts +€4,862
up €4,862 (+46.9%), from €10,374 to €15,236
of which Taxes: +€8,677
- Trade debts +€4,540
up €4,540 (+114.5%), from €3,965 to €8,505
- Gross operating margin +€34,501
up €34,501 (+125.9%), from €27,404 to €61,906
- Financial income +€25,496
new in 2023: €25,496
- Staff costs +€3,862
up €3,862 (+8.3%), from €46,670 to €50,532
- Other operating charges +€999
up €999 (+3651.4%), from €27 to €1,026
From the 2022 result to the 2023 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,251 | €34,763 | +€13,512 | +63.6% |
| Fixed assets | 21/28 | €15,249 | €15,195 | -€54 | -0.4% |
| Intangible fixed assets | 21 | €13,500 | €12,000 | -€1,500 | -11.1% |
| Tangible fixed assets | 22/27 | €1,749 | €3,195 | +€1,446 | +82.7% |
| Plant, machinery and equipment | 23 | - | €2,321 | +€2,321 | |
| Furniture and vehicles | 24 | €1,749 | €875 | -€875 | -50.0% |
| Current assets | 29/58 | €6,002 | €19,568 | +€13,566 | +226.0% |
| Stocks and contracts in progress | 3 | €3,848 | €3,848 | = | 0.0% |
| Stocks | 30/36 | €3,848 | €3,848 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,033 | €15,272 | +€14,239 | +1378.4% |
| Other amounts receivable | 41 | €1,033 | €15,272 | +€14,239 | +1378.4% |
| Cash at bank and in hand | 54/58 | €1,121 | €448 | -€673 | -60.0% |
| Total equity and liabilities | 10/49 | €21,251 | €34,763 | +€13,512 | +63.6% |
| Equity | 10/15 | -€21,678 | €11,022 | +€32,700 | |
| Profit (loss) carried forward | 14 | -€21,678 | €11,022 | +€32,700 | |
| Amounts payable | 17/49 | €42,929 | €23,741 | -€19,188 | -44.7% |
| Amounts payable within one year | 42/48 | €42,929 | €23,741 | -€19,188 | -44.7% |
| Trade debts | 44 | €3,965 | €8,505 | +€4,540 | +114.5% |
| Suppliers | 440/4 | €3,965 | €8,505 | +€4,540 | +114.5% |
| Taxes, remuneration and social security | 45 | €10,374 | €15,236 | +€4,862 | +46.9% |
| Taxes | 450/3 | €4,144 | €12,821 | +€8,677 | +209.4% |
| Remuneration and social security | 454/9 | €6,230 | €2,415 | -€3,815 | -61.2% |
| Other amounts payable | 47/48 | €28,590 | - | -€28,590 | |
| Non-recurring operating income | 76A | €4,000 | - | -€4,000 | |
| Remuneration, social security and pensions | 62 | €46,670 | €50,532 | +€3,862 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,375 | €2,784 | +€410 | +17.2% |
| Other operating charges | 640/8 | €27 | €1,026 | +€999 | +3651.4% |
| Gross operating margin | 9900 | €27,404 | €61,906 | +€34,501 | +125.9% |
| Operating profit (loss) | 9901 | -€21,668 | €7,563 | +€29,231 | |
| Financial income | 75/76B | - | €25,496 | +€25,496 | |
| Recurring financial income | 75 | - | €25,496 | +€25,496 | |
| Financial charges | 65/66B | €10 | €360 | +€350 | +3451.7% |
| Recurring financial charges | 65 | €10 | €360 | +€350 | +3451.7% |
| Profit (loss) for the period before taxes | 9903 | -€21,678 | €32,700 | +€54,378 | |
| Profit (loss) for the period | 9904 | -€21,678 | €32,700 | +€54,378 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,678 | €32,700 | +€54,378 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.