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RAYDIMMO: 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.

What changed

RAYDIMMO

BE 0449.036.457
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€62,498
2023 · -€6,543+€69,041
Equity
€273,914
2023 · €311,416-€37,502
Cash
€4,005
2023 · -+€4,005
Balance sheet total
€389,298
2023 · €342,545+€46,753

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€76,866

    up €76,866 (+239.4%), from €32,105 to €108,971

    of which Other amounts receivable: +€80,194

  • Tangible fixed assets -€38,024

    down €38,024 (-12.8%), from €296,641 to €258,617

    of which Land and buildings: -€38,024

  • Cash +€4,005

    new in 2024: €4,005

    mainly Other debts (+€90,258) and Net result for the year (+€62,498)

  • Deferred charges and accrued income +€3,907

    up €3,907 (+30.3%), from €12,874 to €16,781

Equity and liabilities
  • Other debts +€90,258

    up €90,258 (+506.1%), from €17,833 to €108,090

  • Reserves -€37,875

    down €37,875 (-24.6%), from €153,860 to €115,985

    of which Distributable reserves: -€41,000

  • Short-term financial debts -€5,321

    no longer reported in 2024 (was €5,321)

Income statement
  • Gross operating margin +€70,405

    up €70,405 (+181.3%), from €38,834 to €109,239

  • Depreciation -€3,105

    down €3,105 (-10.1%), from €30,707 to €27,602

  • Financial charges +€3,095

    up €3,095 (+635.2%), from €487 to €3,582

  • Other operating charges +€1,350

    up €1,350 (+9.8%), from €13,797 to €15,147

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€6,543
Gross operating margin +€70,405
Depreciation +€3,105
Other operating charges -€1,350
Financial charges -€3,095
Taxes -€24
Result 2024 €62,498

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€98,904
Investment +€10,422
Financing -€105,321
Cash 2023 €0
Net result for the year +€62,498
Depreciation +€27,602
Receivables within one year -€76,866
Deferred charges and accrued income -€3,907
Trade debts -€42
Tax, wage and social debts -€331
Other debts +€90,258
Accrued charges and deferred income -€308
Investment in fixed assets (net) +€10,422
Short-term financial debts -€5,321
Contributions, distributions and other -€100,000
Cash 2024 €4,005
Every line side by side 44 lines
Line Code 2023 2024 Change %
Total assets 20/58 €342,545 €389,298 +€46,753 +13.6%
Fixed assets 21/28 €297,565 €259,541 -€38,024 -12.8%
Tangible fixed assets 22/27 €296,641 €258,617 -€38,024 -12.8%
Land and buildings 22 €239,115 €201,091 -€38,024 -15.9%
Furniture and vehicles 24 €57,526 €57,526 = 0.0%
Financial fixed assets 28 €924 €924 = 0.0%
Current assets 29/58 €44,980 €129,757 +€84,777 +188.5%
Amounts receivable within one year 40/41 €32,105 €108,971 +€76,866 +239.4%
Trade receivables 40 €3,328 - -€3,328
Other amounts receivable 41 €28,777 €108,971 +€80,194 +278.7%
Cash at bank and in hand 54/58 - €4,005 +€4,005
Deferred charges and accrued income 490/1 €12,874 €16,781 +€3,907 +30.3%
Total equity and liabilities 10/49 €342,545 €389,298 +€46,753 +13.6%
Equity 10/15 €311,416 €273,914 -€37,502 -12.0%
Contributions 10/11 €157,430 €157,430 = 0.0%
Capital 10 €157,430 €157,430 = 0.0%
Issued capital 100 €157,430 €157,430 = 0.0%
Reserves 13 €153,860 €115,985 -€37,875 -24.6%
Non-distributable reserves 130/1 €1,860 €4,985 +€3,125 +168.0%
Legal reserve 130 €1,860 €4,985 +€3,125 +168.0%
Distributable reserves 133 €152,000 €111,000 -€41,000 -27.0%
Profit (loss) carried forward 14 €126 €499 +€373 +297.3%
Amounts payable 17/49 €31,129 €115,384 +€84,255 +270.7%
Amounts payable within one year 42/48 €30,296 €114,859 +€84,563 +279.1%
Financial debts 43 €5,321 - -€5,321
Credit institutions 430/8 €5,321 - -€5,321
Trade debts 44 €6,401 €6,359 -€42 -0.7%
Suppliers 440/4 €6,401 €6,359 -€42 -0.7%
Taxes, remuneration and social security 45 €741 €410 -€331 -44.7%
Taxes 450/3 €741 €410 -€331 -44.7%
Other amounts payable 47/48 €17,833 €108,090 +€90,258 +506.1%
Accrued charges and deferred income 492/3 €833 €525 -€308 -37.0%
Non-recurring operating income 76A - €77,651 +€77,651
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €30,707 €27,602 -€3,105 -10.1%
Other operating charges 640/8 €13,797 €15,147 +€1,350 +9.8%
Gross operating margin 9900 €38,834 €109,239 +€70,405 +181.3%
Operating profit (loss) 9901 -€5,670 €66,490 +€72,160
Financial charges 65/66B €487 €3,582 +€3,095 +635.2%
Recurring financial charges 65 €487 €3,582 +€3,095 +635.2%
Profit (loss) for the period before taxes 9903 -€6,157 €62,908 +€69,065
Income taxes 67/77 €386 €410 +€24 +6.2%
Profit (loss) for the period 9904 -€6,543 €62,498 +€69,041
Transfer from tax-exempt reserves 789 €230 - -€230
Profit (loss) for the period to be appropriated 9905 -€6,313 €62,498 +€68,811

Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.