RAYCONSULT: 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.
RAYCONSULT
Largest movements
- Receivables after one year +€30,000
new in 2025: €30,000
- Deferred charges and accrued income +€856
new in 2025: €856
- Cash -€553
down €553 (-4.8%), from €11,467 to €10,914
mainly Receivables after one year (-€30,000) and Contributions, distributions and other (-€2,000)
- Profit (loss) carried forward +€17,864
up €17,864 (+170.4%), from €10,484 to €28,348
- Trade debts +€10,139
up €10,139 (+741.7%), from €1,367 to €11,506
- Tax, wage and social debts +€2,516
up €2,516 (+40.1%), from €6,274 to €8,789
- Other debts +€2,238
up €2,238 (+335.8%), from €666 to €2,905
- Contributions -€2,000
down €2,000 (-50.0%), from €4,000 to €2,000
- Gross operating margin +€10,152
up €10,152 (+76.9%), from €13,203 to €23,356
- Taxes +€2,730
up €2,730 (+101.1%), from €2,701 to €5,431
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.
Cash bridge derived
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 | €22,791 | €53,548 | +€30,757 | +135.0% |
| Fixed assets | 21/28 | €28 | - | -€28 | |
| Financial fixed assets | 28 | €28 | - | -€28 | |
| Current assets | 29/58 | €22,762 | €53,548 | +€30,785 | +135.2% |
| Amounts receivable after more than one year | 29 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 291 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €11,296 | €11,777 | +€482 | +4.3% |
| Trade receivables | 40 | €11,296 | €10,043 | -€1,252 | -11.1% |
| Other amounts receivable | 41 | - | €1,734 | +€1,734 | |
| Cash at bank and in hand | 54/58 | €11,467 | €10,914 | -€553 | -4.8% |
| Deferred charges and accrued income | 490/1 | - | €856 | +€856 | |
| Total equity and liabilities | 10/49 | €22,791 | €53,548 | +€30,757 | +135.0% |
| Equity | 10/15 | €14,484 | €30,348 | +€15,864 | +109.5% |
| Contributions | 10/11 | €4,000 | €2,000 | -€2,000 | -50.0% |
| Profit (loss) carried forward | 14 | €10,484 | €28,348 | +€17,864 | +170.4% |
| Amounts payable | 17/49 | €8,307 | €23,200 | +€14,893 | +179.3% |
| Amounts payable within one year | 42/48 | €8,307 | €23,200 | +€14,893 | +179.3% |
| Trade debts | 44 | €1,367 | €11,506 | +€10,139 | +741.7% |
| Suppliers | 440/4 | €1,367 | €11,506 | +€10,139 | +741.7% |
| Taxes, remuneration and social security | 45 | €6,274 | €8,789 | +€2,516 | +40.1% |
| Taxes | 450/3 | €6,274 | €8,789 | +€2,516 | +40.1% |
| Other amounts payable | 47/48 | €666 | €2,905 | +€2,238 | +335.8% |
| Other operating charges | 640/8 | - | €54 | +€54 | |
| Gross operating margin | 9900 | €13,203 | €23,356 | +€10,152 | +76.9% |
| Operating profit (loss) | 9901 | €13,203 | €23,302 | +€10,099 | +76.5% |
| Financial income | 75/76B | - | €37 | +€37 | |
| Recurring financial income | 75 | - | €37 | +€37 | |
| Financial charges | 65/66B | €18 | €43 | +€25 | +138.6% |
| Recurring financial charges | 65 | €18 | €43 | +€25 | +138.6% |
| Profit (loss) for the period before taxes | 9903 | €13,185 | €23,295 | +€10,110 | +76.7% |
| Income taxes | 67/77 | €2,701 | €5,431 | +€2,730 | +101.1% |
| Profit (loss) for the period | 9904 | €10,484 | €17,864 | +€7,380 | +70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,484 | €17,864 | +€7,380 | +70.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.