VAN RAEMDONCK & CO: 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.
VAN RAEMDONCK & CO
Largest movements
- Receivables within one year -€45,318
down €45,318 (-81.9%), from €55,327 to €10,009
- Cash +€7,008
up €7,008 (+119%), from €5,874 to €12,882
mainly Receivables within one year (+€45,318) and Depreciation (+€19,877)
- Other debts -€34,480
down €34,480 (-100%), from €34,480 to €0
- Debts after one year -€16,835
down €16,835 (-16.9%), from €99,583 to €82,747
of which Financial debts: -€13,785
- Profit (loss) carried forward +€16,708
up €16,708 (+8.7%), from -€192,015 to -€175,307
- Depreciation +€1,204
up €1,204 (+6.4%), from €18,673 to €19,877
- Financial income -€1,167
down €1,167 (-100%), from €1,167 to €0
- Gross operating margin +€1,114
up €1,114 (+2.5%), from €44,071 to €45,185
- Other operating charges -€945
down €945 (-10.4%), from €9,118 to €8,173
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 | €495,648 | €459,094 | -€36,554 | -7.4% |
| Fixed assets | 21/28 | €433,687 | €433,810 | +€123 | 0.0% |
| Tangible fixed assets | 22/27 | €433,687 | €433,810 | +€123 | 0.0% |
| Land and buildings | 22 | €433,687 | €415,867 | -€17,821 | -4.1% |
| Furniture and vehicles | 24 | - | €17,943 | +€17,943 | |
| Current assets | 29/58 | €61,961 | €25,284 | -€36,677 | -59.2% |
| Amounts receivable within one year | 40/41 | €55,327 | €10,009 | -€45,318 | -81.9% |
| Other amounts receivable | 41 | €55,327 | €10,009 | -€45,318 | -81.9% |
| Cash at bank and in hand | 54/58 | €5,874 | €12,882 | +€7,008 | +119% |
| Deferred charges and accrued income | 490/1 | €760 | €2,394 | +€1,634 | +215% |
| Total equity and liabilities | 10/49 | €495,648 | €459,094 | -€36,554 | -7.4% |
| Equity | 10/15 | €334,424 | €348,935 | +€14,511 | +4.3% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €800,000 | €800,000 | = | 0.0% |
| Uncalled capital | 101 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €126,439 | €124,242 | -€2,197 | -1.7% |
| Non-distributable reserves | 130/1 | €42,561 | €42,561 | = | 0.0% |
| Legal reserve | 130 | €42,561 | €42,561 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,833 | €37,636 | -€2,197 | -5.5% |
| Distributable reserves | 133 | €44,044 | €44,044 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€192,015 | -€175,307 | +€16,708 | +8.7% |
| Provisions and deferred taxes | 16 | €13,278 | €12,545 | -€732 | -5.5% |
| Deferred taxes | 168 | €13,278 | €12,545 | -€732 | -5.5% |
| Amounts payable | 17/49 | €147,946 | €97,613 | -€50,333 | -34.0% |
| Amounts payable after more than one year | 17 | €99,583 | €82,747 | -€16,835 | -16.9% |
| Financial debts | 170/4 | €96,533 | €82,747 | -€13,785 | -14.3% |
| Other amounts payable | 178/9 | €3,050 | €0 | -€3,050 | -100% |
| Amounts payable within one year | 42/48 | €48,364 | €14,866 | -€33,498 | -69.3% |
| Current portion of amounts payable after more than one year | 42 | €13,423 | €13,785 | +€362 | +2.7% |
| Trade debts | 44 | €461 | €1,038 | +€577 | +125% |
| Suppliers | 440/4 | €461 | €1,038 | +€577 | +125% |
| Taxes, remuneration and social security | 45 | €0 | €43 | +€43 | |
| Taxes | 450/3 | €0 | €43 | +€43 | |
| Other amounts payable | 47/48 | €34,480 | €0 | -€34,480 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,673 | €19,877 | +€1,204 | +6.4% |
| Other operating charges | 640/8 | €9,118 | €8,173 | -€945 | -10.4% |
| Non-recurring operating charges | 66A | €209,087 | €0 | -€209,087 | -100% |
| Gross operating margin | 9900 | €44,071 | €45,185 | +€1,114 | +2.5% |
| Operating profit (loss) | 9901 | -€192,808 | €17,135 | +€209,943 | |
| Financial income | 75/76B | €1,167 | €0 | -€1,167 | -100% |
| Recurring financial income | 75 | €1,167 | €0 | -€1,167 | -100% |
| Financial charges | 65/66B | €3,303 | €3,313 | +€10 | +0.3% |
| Recurring financial charges | 65 | €3,303 | €3,313 | +€10 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€194,943 | €13,822 | +€208,766 | |
| Transfer from deferred taxes | 780 | €732 | €732 | = | 0.0% |
| Income taxes | 67/77 | €0 | €43 | +€43 | |
| Profit (loss) for the period | 9904 | -€194,211 | €14,511 | +€208,723 | |
| Transfer from tax-exempt reserves | 789 | €2,197 | €2,197 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€192,015 | €16,708 | +€208,723 |
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 30 October 2026 via checked.be.