Double Rainbow: 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.
Double Rainbow
Largest movements
- Receivables within one year +€41,995
up €41,995 (+110.7%), from €37,944 to €79,938
of which Trade receivables: +€38,995
- Cash +€15,731
up €15,731 (+55.0%), from €28,605 to €44,336
mainly Trade debts (+€44,499) and Net result for the year (+€15,891)
- Trade debts +€44,499
up €44,499 (+355.3%), from €12,523 to €57,022
- Profit (loss) carried forward +€15,891
up €15,891 (+41.8%), from €38,048 to €53,939
- Other debts -€2,733
down €2,733 (-72.4%), from €3,774 to €1,041
- Gross operating margin +€21,737
up €21,737 (+29.2%), from €74,427 to €96,164
- Financial income +€13,606
up €13,606 (+2928.5%), from €465 to €14,071
- Other operating charges +€12,958
up €12,958 (+1304.1%), from €994 to €13,951
- Taxes -€5,955
down €5,955 (-88.7%), from €6,714 to €759
- Staff costs +€4,234
up €4,234 (+6.2%), from €67,775 to €72,009
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 | €78,397 | €137,383 | +€58,986 | +75.2% |
| Fixed assets | 21/28 | €11,373 | €12,010 | +€637 | +5.6% |
| Tangible fixed assets | 22/27 | €11,373 | €12,010 | +€637 | +5.6% |
| Plant, machinery and equipment | 23 | €8,524 | €10,099 | +€1,574 | +18.5% |
| Furniture and vehicles | 24 | €2,849 | €1,912 | -€938 | -32.9% |
| Current assets | 29/58 | €67,024 | €125,373 | +€58,349 | +87.1% |
| Amounts receivable within one year | 40/41 | €37,944 | €79,938 | +€41,995 | +110.7% |
| Trade receivables | 40 | €37,944 | €76,938 | +€38,995 | +102.8% |
| Other amounts receivable | 41 | - | €3,000 | +€3,000 | |
| Cash at bank and in hand | 54/58 | €28,605 | €44,336 | +€15,731 | +55.0% |
| Deferred charges and accrued income | 490/1 | €475 | €1,098 | +€623 | +131.3% |
| Total equity and liabilities | 10/49 | €78,397 | €137,383 | +€58,986 | +75.2% |
| Equity | 10/15 | €46,108 | €61,999 | +€15,891 | +34.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,048 | €53,939 | +€15,891 | +41.8% |
| Amounts payable | 17/49 | €32,289 | €75,384 | +€43,095 | +133.5% |
| Amounts payable within one year | 42/48 | €32,289 | €75,384 | +€43,095 | +133.5% |
| Trade debts | 44 | €12,523 | €57,022 | +€44,499 | +355.3% |
| Suppliers | 440/4 | €12,523 | €57,022 | +€44,499 | +355.3% |
| Taxes, remuneration and social security | 45 | €15,992 | €17,322 | +€1,330 | +8.3% |
| Taxes | 450/3 | €5,690 | €6,743 | +€1,053 | +18.5% |
| Remuneration and social security | 454/9 | €10,302 | €10,578 | +€277 | +2.7% |
| Other amounts payable | 47/48 | €3,774 | €1,041 | -€2,733 | -72.4% |
| Remuneration, social security and pensions | 62 | €67,775 | €72,009 | +€4,234 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,461 | €6,435 | +€1,974 | +44.2% |
| Other operating charges | 640/8 | €994 | €13,951 | +€12,958 | +1304.1% |
| Gross operating margin | 9900 | €74,427 | €96,164 | +€21,737 | +29.2% |
| Operating profit (loss) | 9901 | €1,197 | €3,769 | +€2,572 | +214.8% |
| Financial income | 75/76B | €465 | €14,071 | +€13,606 | +2928.5% |
| Recurring financial income | 75 | €465 | €14,071 | +€13,606 | +2928.5% |
| Financial charges | 65/66B | €762 | €1,190 | +€428 | +56.1% |
| Recurring financial charges | 65 | €762 | €1,190 | +€428 | +56.1% |
| Profit (loss) for the period before taxes | 9903 | €900 | €16,650 | +€15,750 | +1751.0% |
| Income taxes | 67/77 | €6,714 | €759 | -€5,955 | -88.7% |
| Profit (loss) for the period | 9904 | -€5,814 | €15,891 | +€21,705 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,814 | €15,891 | +€21,705 |
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 10 October 2026 via checked.be.