Group RK-TEC: 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.
Group RK-TEC
Largest movements
- Current investments +€3.7m
new in 2024: €3.7m
- Cash -€3.3m
down €3.3m (-64.4%), from €5.1m to €1.8m
mainly Current investments (-€3.7m) and Receivables within one year (-€505,197)
- Tangible fixed assets -€951,760
down €951,760 (-98.4%), from €967,187 to €15,427
of which Land and buildings: -€939,177
- Receivables within one year +€505,197
up €505,197 (+153%), from €329,528 to €834,725
of which Other amounts receivable: +€521,297
- Deferred charges and accrued income -€289,572
down €289,572 (-77.8%), from €372,315 to €82,743
- Tax, wage and social debts -€253,244
down €253,244 (-90.8%), from €278,883 to €25,639
of which Taxes: -€253,659
- Profit (loss) carried forward -€86,731
down €86,731 (-83.5%), from -€103,903 to -€190,634
- Purchases and services -€361,346
no longer reported in 2024 (was €361,346)
- Turnover -€329,156
no longer reported in 2024 (was €329,156)
- Depreciation -€43,540
down €43,540 (-77.6%), from €56,122 to €12,583
- Other operating charges +€17,354
up €17,354 (+135%), from €12,849 to €30,202
- Gross operating margin +€10,946
up €10,946 (+34.0%), from -€32,191 to -€21,245
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 | €7,236,941 | €6,820,930 | -€416,012 | -5.7% |
| Fixed assets | 21/28 | €1,211,560 | €269,800 | -€941,760 | -77.7% |
| Tangible fixed assets | 22/27 | €967,187 | €15,427 | -€951,760 | -98.4% |
| Land and buildings | 22 | €939,177 | €0 | -€939,177 | -100% |
| Furniture and vehicles | 24 | €28,010 | €15,427 | -€12,583 | -44.9% |
| Financial fixed assets | 28 | €244,372 | €254,372 | +€10,000 | +4.1% |
| Current assets | 29/58 | €6,025,381 | €6,551,130 | +€525,748 | +8.7% |
| Amounts receivable after more than one year | 29 | €221,712 | €165,118 | -€56,594 | -25.5% |
| Other amounts receivable | 291 | €221,712 | €165,118 | -€56,594 | -25.5% |
| Amounts receivable within one year | 40/41 | €329,528 | €834,725 | +€505,197 | +153% |
| Trade receivables | 40 | €45,109 | €29,010 | -€16,099 | -35.7% |
| Other amounts receivable | 41 | €284,419 | €805,715 | +€521,297 | +183% |
| Current investments | 50/53 | - | €3,650,000 | +€3.7m | |
| Cash at bank and in hand | 54/58 | €5,101,827 | €1,818,544 | -€3.3m | -64.4% |
| Deferred charges and accrued income | 490/1 | €372,315 | €82,743 | -€289,572 | -77.8% |
| Total equity and liabilities | 10/49 | €7,236,941 | €6,820,930 | -€416,012 | -5.7% |
| Equity | 10/15 | €6,259,868 | €6,173,137 | -€86,731 | -1.4% |
| Contributions | 10/11 | €3,206,771 | €3,206,771 | = | 0.0% |
| Reserves | 13 | €3,157,000 | €3,157,000 | = | 0.0% |
| Distributable reserves | 133 | €3,157,000 | €3,157,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,903 | -€190,634 | -€86,731 | -83.5% |
| Amounts payable | 17/49 | €977,073 | €647,793 | -€329,281 | -33.7% |
| Amounts payable after more than one year | 17 | €613,333 | €552,000 | -€61,333 | -10.0% |
| Financial debts | 170/4 | €613,333 | €552,000 | -€61,333 | -10.0% |
| Amounts payable within one year | 42/48 | €363,740 | €95,793 | -€267,947 | -73.7% |
| Current portion of amounts payable after more than one year | 42 | €61,333 | €61,333 | = | 0.0% |
| Trade debts | 44 | €23,158 | €7,706 | -€15,453 | -66.7% |
| Suppliers | 440/4 | €23,158 | €7,706 | -€15,453 | -66.7% |
| Taxes, remuneration and social security | 45 | €278,883 | €25,639 | -€253,244 | -90.8% |
| Taxes | 450/3 | €278,883 | €25,224 | -€253,659 | -91.0% |
| Remuneration and social security | 454/9 | - | €415 | +€415 | |
| Other amounts payable | 47/48 | €366 | €1,115 | +€749 | +205% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Turnover | 70 | €329,156 | - | -€329,156 | |
| Non-recurring operating income | 76A | - | €45,751 | +€45,751 | |
| Goods, raw materials, services and sundry goods | 60/61 | €361,346 | - | -€361,346 | |
| Remuneration, social security and pensions | 62 | €3,436 | €1,350 | -€2,086 | -60.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,122 | €12,583 | -€43,540 | -77.6% |
| Other operating charges | 640/8 | €12,849 | €30,202 | +€17,354 | +135% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | -€32,191 | -€21,245 | +€10,946 | +34.0% |
| Operating profit (loss) | 9901 | -€104,598 | -€65,381 | +€39,217 | +37.5% |
| Financial income | 75/76B | €2,245 | €34 | -€2,211 | -98.5% |
| Recurring financial income | 75 | €2,245 | €34 | -€2,211 | -98.5% |
| Financial charges | 65/66B | €10,490 | €11,684 | +€1,195 | +11.4% |
| Recurring financial charges | 65 | €10,490 | €11,684 | +€1,195 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | -€112,843 | -€77,031 | +€35,812 | +31.7% |
| Income taxes | 67/77 | €337 | €9,700 | +€9,363 | +2,782% |
| Profit (loss) for the period | 9904 | -€113,179 | -€86,731 | +€26,448 | +23.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€113,179 | -€86,731 | +€26,448 | +23.4% |
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 17 October 2026 via checked.be.