RAYDAPLAST: 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.
RAYDAPLAST
Largest movements
- Stocks and contracts -€6,253
down €6,253 (-17.5%), from €35,712 to €29,459
- Tangible fixed assets +€3,745
up €3,745 (+16.7%), from €22,429 to €26,174
of which Other tangible fixed assets: +€4,074
- Deferred charges and accrued income +€2,836
up €2,836 (+1,891%), from €150 to €2,986
- Receivables within one year -€2,134
down €2,134 (-3.6%), from €59,870 to €57,736
of which Other amounts receivable: -€6,318
- Cash -€1,443
down €1,443 (-43.5%), from €3,320 to €1,877
mainly Trade debts (-€28,331) and Investment in fixed assets (net) (-€7,732)
- Trade debts -€28,331
down €28,331 (-80.5%), from €35,206 to €6,875
- Current portion of long-term debt +€10,323
up €10,323 (+207%), from €4,991 to €15,314
- Debts after one year +€9,638
up €9,638 (+60.6%), from €15,894 to €25,532
- Short-term financial debts +€5,908
up €5,908 (+36.2%), from €16,315 to €22,223
- Tax, wage and social debts -€5,141
down €5,141 (-38.6%), from €13,323 to €8,182
of which Remuneration and social security: -€5,176
- Staff costs +€11,017
up €11,017 (+7.3%), from €151,714 to €162,731
- Gross operating margin +€10,150
up €10,150 (+6.0%), from €168,609 to €178,759
- Financial charges +€2,812
up €2,812 (+74.5%), from €3,773 to €6,585
- Financial income +€2,090
up €2,090 (+12,294%), from €17 to €2,107
- Depreciation -€2,039
down €2,039 (-33.8%), from €6,026 to €3,987
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 | €129,645 | €126,396 | -€3,249 | -2.5% |
| Fixed assets | 21/28 | €30,593 | €34,338 | +€3,745 | +12.2% |
| Tangible fixed assets | 22/27 | €22,429 | €26,174 | +€3,745 | +16.7% |
| Furniture and vehicles | 24 | €990 | €661 | -€329 | -33.2% |
| Other tangible fixed assets | 26 | €21,439 | €25,513 | +€4,074 | +19.0% |
| Financial fixed assets | 28 | €8,164 | €8,164 | = | 0.0% |
| Current assets | 29/58 | €99,052 | €92,058 | -€6,994 | -7.1% |
| Stocks and contracts in progress | 3 | €35,712 | €29,459 | -€6,253 | -17.5% |
| Stocks | 30/36 | €35,712 | €29,459 | -€6,253 | -17.5% |
| Amounts receivable within one year | 40/41 | €59,870 | €57,736 | -€2,134 | -3.6% |
| Trade receivables | 40 | €46,939 | €51,123 | +€4,184 | +8.9% |
| Other amounts receivable | 41 | €12,931 | €6,613 | -€6,318 | -48.9% |
| Cash at bank and in hand | 54/58 | €3,320 | €1,877 | -€1,443 | -43.5% |
| Deferred charges and accrued income | 490/1 | €150 | €2,986 | +€2,836 | +1,891% |
| Total equity and liabilities | 10/49 | €129,645 | €126,396 | -€3,249 | -2.5% |
| Equity | 10/15 | €43,916 | €47,518 | +€3,602 | +8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,860 | €10,360 | +€3,500 | +51.0% |
| Distributable reserves | 133 | €6,860 | €10,360 | +€3,500 | +51.0% |
| Profit (loss) carried forward | 14 | €18,456 | €18,558 | +€102 | +0.6% |
| Amounts payable | 17/49 | €85,729 | €78,878 | -€6,851 | -8.0% |
| Amounts payable after more than one year | 17 | €15,894 | €25,532 | +€9,638 | +60.6% |
| Financial debts | 170/4 | €15,894 | €25,532 | +€9,638 | +60.6% |
| Amounts payable within one year | 42/48 | €69,835 | €52,953 | -€16,882 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €4,991 | €15,314 | +€10,323 | +207% |
| Financial debts | 43 | €16,315 | €22,223 | +€5,908 | +36.2% |
| Credit institutions | 430/8 | €16,315 | €22,223 | +€5,908 | +36.2% |
| Trade debts | 44 | €35,206 | €6,875 | -€28,331 | -80.5% |
| Suppliers | 440/4 | €35,206 | €6,875 | -€28,331 | -80.5% |
| Taxes, remuneration and social security | 45 | €13,323 | €8,182 | -€5,141 | -38.6% |
| Taxes | 450/3 | €2,073 | €2,108 | +€35 | +1.7% |
| Remuneration and social security | 454/9 | €11,250 | €6,074 | -€5,176 | -46.0% |
| Other amounts payable | 47/48 | - | €359 | +€359 | |
| Accrued charges and deferred income | 492/3 | - | €393 | +€393 | |
| Remuneration, social security and pensions | 62 | €151,714 | €162,731 | +€11,017 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,026 | €3,987 | -€2,039 | -33.8% |
| Other operating charges | 640/8 | €1,404 | €2,395 | +€991 | +70.6% |
| Gross operating margin | 9900 | €168,609 | €178,759 | +€10,150 | +6.0% |
| Operating profit (loss) | 9901 | €9,465 | €9,646 | +€181 | +1.9% |
| Financial income | 75/76B | €17 | €2,107 | +€2,090 | +12,294% |
| Recurring financial income | 75 | €17 | €2,107 | +€2,090 | +12,294% |
| Financial charges | 65/66B | €3,773 | €6,585 | +€2,812 | +74.5% |
| Recurring financial charges | 65 | €3,773 | €6,585 | +€2,812 | +74.5% |
| Profit (loss) for the period before taxes | 9903 | €5,709 | €5,168 | -€541 | -9.5% |
| Income taxes | 67/77 | €542 | €1,566 | +€1,024 | +189% |
| Profit (loss) for the period | 9904 | €5,167 | €3,602 | -€1,565 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,167 | €3,602 | -€1,565 | -30.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.