RAZATEC: 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.
RAZATEC
Largest movements
- Cash -€698
down €698 (-15.5%), from €4,498 to €3,800
mainly Investment in fixed assets (net) (-€7,216) and Other debts (-€1,556)
- Profit (loss) carried forward +€2,245
up €2,245 (+19.9%), from -€11,308 to -€9,063
- Other debts -€1,556
down €1,556 (-22.7%), from €6,868 to €5,312
- Trade debts -€848
down €848 (-22.7%), from €3,728 to €2,880
- Tax, wage and social debts -€540
down €540 (-22.7%), from €2,378 to €1,838
- Turnover +€40,045
new in 2025: €40,045
- Gross operating margin +€28,257
up €28,257 (+239.7%), from €11,788 to €40,045
- Other operating charges +€19,910
up €19,910 (+625.0%), from €3,185 to €23,095
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 | €8,263 | €7,565 | -€698 | -8.4% |
| Fixed assets | 21/28 | €2,594 | €2,594 | -€0 | 0.0% |
| Tangible fixed assets | 22/27 | €2,594 | €2,594 | -€0 | 0.0% |
| Furniture and vehicles | 24 | €2,594 | €2,594 | -€0 | 0.0% |
| Current assets | 29/58 | €5,669 | €4,971 | -€698 | -12.3% |
| Amounts receivable within one year | 40/41 | €1,171 | €1,171 | -€0 | 0.0% |
| Trade receivables | 40 | €33 | €33 | -€0 | 0.0% |
| Other amounts receivable | 41 | €1,138 | €1,138 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €4,498 | €3,800 | -€698 | -15.5% |
| Total equity and liabilities | 10/49 | €8,263 | €7,565 | -€698 | -8.4% |
| Equity | 10/15 | -€4,711 | -€2,465 | +€2,246 | +47.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | - | €2,000 | +€2,000 | |
| Issued capital | 100 | - | €2,000 | +€2,000 | |
| Reserves | 13 | €4,598 | €4,598 | +€0 | 0.0% |
| Distributable reserves | 133 | €4,598 | €4,598 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€11,308 | -€9,063 | +€2,245 | +19.9% |
| Amounts payable | 17/49 | €12,974 | €10,030 | -€2,944 | -22.7% |
| Amounts payable within one year | 42/48 | €12,974 | €10,030 | -€2,944 | -22.7% |
| Trade debts | 44 | €3,728 | €2,880 | -€848 | -22.7% |
| Suppliers | 440/4 | €3,728 | €2,880 | -€848 | -22.7% |
| Taxes, remuneration and social security | 45 | €2,378 | €1,838 | -€540 | -22.7% |
| Taxes | 450/3 | €2,378 | €1,838 | -€540 | -22.7% |
| Other amounts payable | 47/48 | €6,868 | €5,312 | -€1,556 | -22.7% |
| Turnover | 70 | - | €40,045 | +€40,045 | |
| Remuneration, social security and pensions | 62 | €7,489 | €7,489 | +€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,216 | €7,216 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,185 | €23,095 | +€19,910 | +625.0% |
| Gross operating margin | 9900 | €11,788 | €40,045 | +€28,257 | +239.7% |
| Operating profit (loss) | 9901 | -€6,102 | €2,245 | +€8,347 | |
| Financial charges | 65/66B | €153 | - | -€153 | |
| Recurring financial charges | 65 | €153 | - | -€153 | |
| Profit (loss) for the period before taxes | 9903 | -€6,255 | €2,245 | +€8,500 | |
| Profit (loss) for the period | 9904 | -€6,255 | €2,245 | +€8,500 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,255 | €2,245 | +€8,500 |
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 11 October 2026 via checked.be.