TERRASSEMENTS DANIEL RAYMACKERS: 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.
TERRASSEMENTS DANIEL RAYMACKERS
Largest movements
- Tangible fixed assets -€142,298
down €142,298 (-24.6%), from €577,279 to €434,981
of which Furniture and vehicles: -€119,381
- Receivables within one year -€37,272
down €37,272 (-50.9%), from €73,233 to €35,961
of which Trade receivables: -€26,169
- Cash +€17,155
up €17,155 (+36.9%), from €46,439 to €63,594
mainly Depreciation (+€155,989) and Receivables within one year (+€37,272)
- Debts after one year -€64,089
down €64,089 (-35.0%), from €183,121 to €119,032
of which Financial debts: -€66,089
- Other debts -€51,600
down €51,600 (-94.2%), from €54,800 to €3,200
- Trade debts -€45,059
down €45,059 (-80.1%), from €56,286 to €11,227
- Gross operating margin -€148,906
down €148,906 (-47.7%), from €312,300 to €163,393
- Staff costs -€118,201
down €118,201 (-100%), from €118,201 to €0
- Depreciation +€15,929
up €15,929 (+11.4%), from €140,060 to €155,989
- Taxes -€13,152
down €13,152 (-88.0%), from €14,950 to €1,797
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 | €720,337 | €553,405 | -€166,933 | -23.2% |
| Fixed assets | 21/28 | €577,684 | €435,421 | -€142,263 | -24.6% |
| Tangible fixed assets | 22/27 | €577,279 | €434,981 | -€142,298 | -24.6% |
| Land and buildings | 22 | €112,757 | €111,297 | -€1,460 | -1.3% |
| Plant, machinery and equipment | 23 | €67,056 | €45,600 | -€21,456 | -32.0% |
| Furniture and vehicles | 24 | €397,465 | €278,084 | -€119,381 | -30.0% |
| Financial fixed assets | 28 | €405 | €440 | +€35 | +8.6% |
| Current assets | 29/58 | €142,654 | €117,984 | -€24,670 | -17.3% |
| Amounts receivable within one year | 40/41 | €73,233 | €35,961 | -€37,272 | -50.9% |
| Trade receivables | 40 | €40,271 | €14,102 | -€26,169 | -65.0% |
| Other amounts receivable | 41 | €32,962 | €21,859 | -€11,103 | -33.7% |
| Cash at bank and in hand | 54/58 | €46,439 | €63,594 | +€17,155 | +36.9% |
| Deferred charges and accrued income | 490/1 | €22,982 | €18,429 | -€4,553 | -19.8% |
| Total equity and liabilities | 10/49 | €720,337 | €553,405 | -€166,933 | -23.2% |
| Equity | 10/15 | €357,710 | €348,061 | -€9,649 | -2.7% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €263,192 | €263,192 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €256,892 | €256,892 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,562 | €19,717 | -€5,845 | -22.9% |
| Investment grants | 15 | €5,956 | €2,152 | -€3,804 | -63.9% |
| Amounts payable | 17/49 | €362,628 | €205,344 | -€157,284 | -43.4% |
| Amounts payable after more than one year | 17 | €183,121 | €119,032 | -€64,089 | -35.0% |
| Financial debts | 170/4 | €183,121 | €117,032 | -€66,089 | -36.1% |
| Other amounts payable | 178/9 | - | €2,000 | +€2,000 | |
| Amounts payable within one year | 42/48 | €179,386 | €86,271 | -€93,115 | -51.9% |
| Current portion of amounts payable after more than one year | 42 | €67,612 | €66,089 | -€1,523 | -2.3% |
| Trade debts | 44 | €56,286 | €11,227 | -€45,059 | -80.1% |
| Suppliers | 440/4 | €56,286 | €11,227 | -€45,059 | -80.1% |
| Taxes, remuneration and social security | 45 | €688 | €5,755 | +€5,067 | +737% |
| Taxes | 450/3 | €688 | €5,755 | +€5,067 | +737% |
| Other amounts payable | 47/48 | €54,800 | €3,200 | -€51,600 | -94.2% |
| Accrued charges and deferred income | 492/3 | €121 | €41 | -€80 | -66.2% |
| Non-recurring operating income | 76A | - | €124 | +€124 | |
| Remuneration, social security and pensions | 62 | €118,201 | €0 | -€118,201 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €140,060 | €155,989 | +€15,929 | +11.4% |
| Other operating charges | 640/8 | €8,030 | €8,026 | -€4 | -0.1% |
| Gross operating margin | 9900 | €312,300 | €163,393 | -€148,906 | -47.7% |
| Operating profit (loss) | 9901 | €46,009 | -€621 | -€46,630 | |
| Financial income | 75/76B | €3,806 | €4,045 | +€238 | +6.3% |
| Recurring financial income | 75 | €3,806 | €4,045 | +€238 | +6.3% |
| Financial charges | 65/66B | €4,974 | €7,471 | +€2,498 | +50.2% |
| Recurring financial charges | 65 | €4,974 | €7,471 | +€2,498 | +50.2% |
| Profit (loss) for the period before taxes | 9903 | €44,842 | -€4,048 | -€48,890 | |
| Income taxes | 67/77 | €14,950 | €1,797 | -€13,152 | -88.0% |
| Profit (loss) for the period | 9904 | €29,892 | -€5,845 | -€35,737 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,892 | -€5,845 | -€35,737 |
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 23 October 2026 via checked.be.