Angelus Raymon: 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.
Angelus Raymon
Largest movements
- Stocks and contracts +€18,890
up €18,890 (+141.6%), from €13,344 to €32,234
- Intangible fixed assets -€7,333
down €7,333 (-10.1%), from €72,667 to €65,333
- Receivables within one year +€6,554
up €6,554 (+1155.5%), from €567 to €7,121
- Other debts +€18,395
up €18,395 (+249.7%), from €7,366 to €25,761
- Debts after one year -€8,418
down €8,418 (-15.8%), from €53,374 to €44,957
- Trade debts +€7,911
up €7,911 (+168.6%), from €4,693 to €12,605
- Tax, wage and social debts +€3,996
up €3,996 (+46.6%), from €8,580 to €12,576
of which Remuneration and social security: +€3,569
- Profit (loss) carried forward -€3,596
down €3,596, from €729 to -€2,867
- Staff costs +€34,613
up €34,613 (+45010.5%), from €77 to €34,690
- Gross operating margin +€29,461
up €29,461 (+229.4%), from €12,840 to €42,301
- Depreciation -€1,711
down €1,711 (-18.9%), from €9,044 to €7,333
- Other operating charges +€695
up €695 (+599.1%), from €116 to €811
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,774 | €117,449 | +€18,675 | +18.9% |
| Fixed assets | 21/28 | €75,867 | €68,533 | -€7,333 | -9.7% |
| Intangible fixed assets | 21 | €72,667 | €65,333 | -€7,333 | -10.1% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €22,907 | €48,915 | +€26,008 | +113.5% |
| Stocks and contracts in progress | 3 | €13,344 | €32,234 | +€18,890 | +141.6% |
| Stocks | 30/36 | €13,344 | €32,234 | +€18,890 | +141.6% |
| Amounts receivable within one year | 40/41 | €567 | €7,121 | +€6,554 | +1155.5% |
| Trade receivables | 40 | €567 | €7,121 | +€6,554 | +1155.5% |
| Cash at bank and in hand | 54/58 | €8,996 | €9,560 | +€564 | +6.3% |
| Total equity and liabilities | 10/49 | €98,774 | €117,449 | +€18,675 | +18.9% |
| Equity | 10/15 | €16,729 | €13,133 | -€3,596 | -21.5% |
| Contributions | 10/11 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €729 | -€2,867 | -€3,596 | |
| Amounts payable | 17/49 | €82,045 | €104,316 | +€22,271 | +27.1% |
| Amounts payable after more than one year | 17 | €53,374 | €44,957 | -€8,418 | -15.8% |
| Financial debts | 170/4 | €53,374 | €44,957 | -€8,418 | -15.8% |
| Amounts payable within one year | 42/48 | €28,671 | €59,359 | +€30,688 | +107.0% |
| Current portion of amounts payable after more than one year | 42 | €8,031 | €8,418 | +€386 | +4.8% |
| Trade debts | 44 | €4,693 | €12,605 | +€7,911 | +168.6% |
| Suppliers | 440/4 | €4,693 | €12,605 | +€7,911 | +168.6% |
| Taxes, remuneration and social security | 45 | €8,580 | €12,576 | +€3,996 | +46.6% |
| Taxes | 450/3 | €1,980 | €2,407 | +€427 | +21.6% |
| Remuneration and social security | 454/9 | €6,600 | €10,169 | +€3,569 | +54.1% |
| Other amounts payable | 47/48 | €7,366 | €25,761 | +€18,395 | +249.7% |
| Remuneration, social security and pensions | 62 | €77 | €34,690 | +€34,613 | +45010.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,044 | €7,333 | -€1,711 | -18.9% |
| Other operating charges | 640/8 | €116 | €811 | +€695 | +599.1% |
| Gross operating margin | 9900 | €12,840 | €42,301 | +€29,461 | +229.4% |
| Operating profit (loss) | 9901 | €3,603 | -€533 | -€4,136 | |
| Financial income | 75/76B | €311 | €341 | +€30 | +9.5% |
| Recurring financial income | 75 | €311 | €341 | +€30 | +9.5% |
| Financial charges | 65/66B | €3,185 | €2,996 | -€190 | -6.0% |
| Recurring financial charges | 65 | €3,185 | €2,996 | -€190 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €729 | -€3,188 | -€3,917 | |
| Income taxes | 67/77 | - | €408 | +€408 | |
| Profit (loss) for the period | 9904 | €729 | -€3,596 | -€4,325 | |
| Profit (loss) for the period to be appropriated | 9905 | €729 | -€3,596 | -€4,325 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.