RAINYVE: 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.
RAINYVE
Largest movements
- Financial fixed assets -€5.3m
down €5.3m (-5.4%), from €97.4m to €92.1m
- Current investments -€4.8m
down €4.8m (-18.7%), from €25.5m to €20.7m
- Receivables within one year +€3.4m
up €3.4m (+124%), from €2.8m to €6.2m
- Cash -€1.7m
down €1.7m (-46.8%), from €3.7m to €1.9m
mainly Contributions, distributions and other (-€40.0m) and Receivables within one year (-€3.4m)
- Profit (loss) carried forward -€24.6m
down €24.6m (-25.3%), from €97.0m to €72.4m
- Other debts +€15.2m
up €15.2m (+317%), from €4.8m to €20.0m
- Financial income +€7.4m
up €7.4m (+63.7%), from €11.5m to €18.9m
of which Non-recurring financial income: +€7.0m
- Financial charges -€1.6m
down €1.6m (-58.7%), from €2.7m to €1.1m
of which Non-recurring financial charges: -€1.7m
- Provisions +€1.0m
new in 2025: €1.0m
- Taxes +€295,172
up €295,172 (+43.2%), from €683,408 to €978,580
- Gross operating margin +€80,532
up €80,532 (+50.9%), from -€158,063 to -€77,531
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 | €129,346,406 | €120,995,742 | -€8.4m | -6.5% |
| Fixed assets | 21/28 | €97,366,600 | €92,094,896 | -€5.3m | -5.4% |
| Tangible fixed assets | 22/27 | €892 | €8,175 | +€7,283 | +816% |
| Furniture and vehicles | 24 | €892 | €475 | -€417 | -46.8% |
| Other tangible fixed assets | 26 | - | €7,700 | +€7,700 | |
| Financial fixed assets | 28 | €97,365,708 | €92,086,721 | -€5.3m | -5.4% |
| Current assets | 29/58 | €31,979,806 | €28,900,846 | -€3.1m | -9.6% |
| Amounts receivable within one year | 40/41 | €2,769,797 | €6,196,307 | +€3.4m | +124% |
| Other amounts receivable | 41 | €2,769,797 | €6,196,307 | +€3.4m | +124% |
| Current investments | 50/53 | €25,509,171 | €20,727,139 | -€4.8m | -18.7% |
| Cash at bank and in hand | 54/58 | €3,660,187 | €1,948,493 | -€1.7m | -46.8% |
| Deferred charges and accrued income | 490/1 | €40,651 | €28,907 | -€11,744 | -28.9% |
| Total equity and liabilities | 10/49 | €129,346,406 | €120,995,742 | -€8.4m | -6.5% |
| Equity | 10/15 | €124,523,830 | €99,967,937 | -€24.6m | -19.7% |
| Contributions | 10/11 | €25,000,000 | €25,000,000 | = | 0.0% |
| Capital | 10 | €25,000,000 | €25,000,000 | = | 0.0% |
| Issued capital | 100 | €25,000,000 | €25,000,000 | = | 0.0% |
| Reserves | 13 | €2,537,246 | €2,537,246 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500,000 | €2,500,000 | = | 0.0% |
| Legal reserve | 130 | €2,500,000 | €2,500,000 | = | 0.0% |
| Distributable reserves | 133 | €37,246 | €37,246 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,986,584 | €72,430,691 | -€24.6m | -25.3% |
| Provisions and deferred taxes | 16 | - | €1,000,000 | +€1.0m | |
| Provisions for liabilities and charges | 160/5 | - | €1,000,000 | +€1.0m | |
| Other liabilities and charges | 164/5 | - | €1,000,000 | +€1.0m | |
| Amounts payable | 17/49 | €4,822,576 | €20,027,805 | +€15.2m | +315% |
| Amounts payable within one year | 42/48 | €4,817,024 | €20,021,284 | +€15.2m | +316% |
| Financial debts | 43 | €54 | €22 | -€32 | -59.4% |
| Credit institutions | 430/8 | €54 | €22 | -€32 | -59.4% |
| Trade debts | 44 | €8,393 | €12,943 | +€4,550 | +54.2% |
| Suppliers | 440/4 | €8,393 | €12,943 | +€4,550 | +54.2% |
| Taxes, remuneration and social security | 45 | €8,578 | €8,319 | -€258 | -3.0% |
| Taxes | 450/3 | €308 | €0 | -€308 | -100% |
| Remuneration and social security | 454/9 | €8,269 | €8,319 | +€50 | +0.6% |
| Other amounts payable | 47/48 | €4,800,000 | €20,000,000 | +€15.2m | +317% |
| Accrued charges and deferred income | 492/3 | €5,552 | €6,521 | +€969 | +17.5% |
| Remuneration, social security and pensions | 62 | €63,447 | €76,259 | +€12,812 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €417 | €1,393 | +€976 | +234% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €1,000,000 | +€1.0m | |
| Other operating charges | 640/8 | €220,405 | €220,897 | +€492 | +0.2% |
| Gross operating margin | 9900 | -€158,063 | -€77,531 | +€80,532 | +50.9% |
| Operating profit (loss) | 9901 | -€442,332 | -€1,376,080 | -€933,748 | -211% |
| Financial income | 75/76B | €11,546,887 | €18,900,251 | +€7.4m | +63.7% |
| Recurring financial income | 75 | €10,365,503 | €10,679,732 | +€314,229 | +3.0% |
| Non-recurring financial income | 76B | €1,181,384 | €8,220,519 | +€7.0m | +596% |
| Financial charges | 65/66B | €2,669,198 | €1,101,484 | -€1.6m | -58.7% |
| Recurring financial charges | 65 | €229,463 | €318,530 | +€89,067 | +38.8% |
| Non-recurring financial charges | 66B | €2,439,735 | €782,954 | -€1.7m | -67.9% |
| Profit (loss) for the period before taxes | 9903 | €8,435,357 | €16,422,688 | +€8.0m | +94.7% |
| Income taxes | 67/77 | €683,408 | €978,580 | +€295,172 | +43.2% |
| Profit (loss) for the period | 9904 | €7,751,949 | €15,444,107 | +€7.7m | +99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,751,949 | €15,444,107 | +€7.7m | +99.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.