EURO RAPHA SERVICES: 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.
EURO RAPHA SERVICES
Largest movements
- Receivables within one year -€59,575
down €59,575 (-73.6%), from €80,994 to €21,420
of which Trade receivables: -€57,232
- Cash +€29,776
up €29,776 (+72.5%), from €41,083 to €70,859
mainly Receivables within one year (+€59,575) and Depreciation (+€16,088)
- Deferred charges and accrued income +€3,687
new in 2024: €3,687
- Tangible fixed assets -€2,088
down €2,088 (-5.2%), from €39,814 to €37,726
of which Plant, machinery and equipment: -€2,018
- Trade debts -€36,980
down €36,980 (-96.9%), from €38,149 to €1,168
- Profit (loss) carried forward +€10,300
up €10,300 (+13.0%), from €79,009 to €89,309
- Purchases and services -€97,619
down €97,619 (-30.0%), from €324,927 to €227,309
- Turnover -€69,250
down €69,250 (-18.3%), from €378,520 to €309,270
- Staff costs +€41,505
new in 2024: €41,505
- Gross operating margin +€28,369
up €28,369 (+52.9%), from €53,593 to €81,962
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.
Derived cash bridge
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 | €161,891 | €133,692 | -€28,199 | -17.4% |
| Fixed assets | 21/28 | €39,814 | €37,726 | -€2,088 | -5.2% |
| Tangible fixed assets | 22/27 | €39,814 | €37,726 | -€2,088 | -5.2% |
| Plant, machinery and equipment | 23 | €5,106 | €3,089 | -€2,018 | -39.5% |
| Furniture and vehicles | 24 | €34,708 | €34,638 | -€70 | -0.2% |
| Current assets | 29/58 | €122,077 | €95,966 | -€26,112 | -21.4% |
| Amounts receivable within one year | 40/41 | €80,994 | €21,420 | -€59,575 | -73.6% |
| Trade receivables | 40 | €67,356 | €10,124 | -€57,232 | -85.0% |
| Other amounts receivable | 41 | €13,638 | €11,295 | -€2,343 | -17.2% |
| Cash at bank and in hand | 54/58 | €41,083 | €70,859 | +€29,776 | +72.5% |
| Deferred charges and accrued income | 490/1 | - | €3,687 | +€3,687 | |
| Total equity and liabilities | 10/49 | €161,891 | €133,692 | -€28,199 | -17.4% |
| Equity | 10/15 | €117,171 | €127,471 | +€10,300 | +8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,563 | €19,563 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,563 | €1,563 | = | 0.0% |
| Legal reserve | 130 | €1,563 | €1,563 | = | 0.0% |
| Distributable reserves | 133 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,009 | €89,309 | +€10,300 | +13.0% |
| Amounts payable | 17/49 | €44,720 | €6,221 | -€38,499 | -86.1% |
| Amounts payable within one year | 42/48 | €44,720 | €6,221 | -€38,499 | -86.1% |
| Trade debts | 44 | €38,149 | €1,168 | -€36,980 | -96.9% |
| Suppliers | 440/4 | €38,149 | €1,168 | -€36,980 | -96.9% |
| Taxes, remuneration and social security | 45 | €6,571 | €5,052 | -€1,519 | -23.1% |
| Taxes | 450/3 | €6,571 | €3,433 | -€3,138 | -47.8% |
| Remuneration and social security | 454/9 | - | €1,619 | +€1,619 | |
| Turnover | 70 | €378,520 | €309,270 | -€69,250 | -18.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €324,927 | €227,309 | -€97,619 | -30.0% |
| Remuneration, social security and pensions | 62 | - | €41,505 | +€41,505 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,429 | €16,088 | -€341 | -2.1% |
| Other operating charges | 640/8 | €3,043 | €1,132 | -€1,912 | -62.8% |
| Non-recurring operating charges | 66A | - | €4,107 | +€4,107 | |
| Gross operating margin | 9900 | €53,593 | €81,962 | +€28,369 | +52.9% |
| Operating profit (loss) | 9901 | €34,121 | €19,131 | -€14,990 | -43.9% |
| Financial charges | 65/66B | €2,836 | €390 | -€2,446 | -86.2% |
| Recurring financial charges | 65 | €289 | €390 | +€101 | +35.0% |
| Non-recurring financial charges | 66B | €2,547 | - | -€2,547 | |
| Profit (loss) for the period before taxes | 9903 | €31,285 | €18,741 | -€12,544 | -40.1% |
| Income taxes | 67/77 | €11,571 | €8,441 | -€3,130 | -27.1% |
| Profit (loss) for the period | 9904 | €19,714 | €10,300 | -€9,414 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,714 | €10,300 | -€9,414 | -47.8% |
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 15 October 2026 via checked.be.