Le Ralliement: 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.
Le Ralliement
Largest movements
- Cash +€29,865
up €29,865 (+6.8%), from €441,414 to €471,279
mainly Net result for the year (+€74,509) and Depreciation (+€69,712)
- Tangible fixed assets +€18,084
up €18,084 (+2.4%), from €754,779 to €772,864
- Reserves +€74,501
up €74,501 (+10.6%), from €702,007 to €776,508
of which Distributable reserves: +€77,700
- Debts after one year -€20,487
down €20,487 (-5.7%), from €359,738 to €339,250
- Gross operating margin -€99,112
down €99,112 (-31.9%), from €311,108 to €211,997
- Depreciation -€48,105
down €48,105 (-40.8%), from €117,817 to €69,712
- Taxes -€14,574
down €14,574 (-36.0%), from €40,476 to €25,903
- Financial charges +€7,884
up €7,884 (+121%), from €6,540 to €14,424
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 | €1,234,951 | €1,288,217 | +€53,266 | +4.3% |
| Fixed assets | 21/28 | €754,779 | €772,864 | +€18,084 | +2.4% |
| Tangible fixed assets | 22/27 | €754,779 | €772,864 | +€18,084 | +2.4% |
| Land and buildings | 22 | €754,779 | €772,864 | +€18,084 | +2.4% |
| Current assets | 29/58 | €480,172 | €515,353 | +€35,181 | +7.3% |
| Amounts receivable within one year | 40/41 | €37,033 | €42,270 | +€5,237 | +14.1% |
| Trade receivables | 40 | €12,952 | €14,837 | +€1,885 | +14.6% |
| Other amounts receivable | 41 | €24,081 | €27,433 | +€3,352 | +13.9% |
| Cash at bank and in hand | 54/58 | €441,414 | €471,279 | +€29,865 | +6.8% |
| Deferred charges and accrued income | 490/1 | €1,725 | €1,804 | +€80 | +4.6% |
| Total equity and liabilities | 10/49 | €1,234,951 | €1,288,217 | +€53,266 | +4.3% |
| Equity | 10/15 | €788,557 | €863,066 | +€74,509 | +9.4% |
| Contributions | 10/11 | €65,660 | €65,660 | = | 0.0% |
| Capital | 10 | €65,660 | €65,660 | = | 0.0% |
| Issued capital | 100 | €65,660 | €65,660 | = | 0.0% |
| Revaluation surpluses | 12 | €13,917 | €13,917 | = | 0.0% |
| Reserves | 13 | €702,007 | €776,508 | +€74,501 | +10.6% |
| Non-distributable reserves | 130/1 | €23,000 | €23,000 | = | 0.0% |
| Legal reserve | 130 | €23,000 | €23,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €104,007 | €100,808 | -€3,199 | -3.1% |
| Distributable reserves | 133 | €575,000 | €652,700 | +€77,700 | +13.5% |
| Profit (loss) carried forward | 14 | €6,972 | €6,980 | +€8 | +0.1% |
| Provisions and deferred taxes | 16 | €34,669 | €33,603 | -€1,066 | -3.1% |
| Deferred taxes | 168 | €34,669 | €33,603 | -€1,066 | -3.1% |
| Amounts payable | 17/49 | €411,726 | €391,548 | -€20,177 | -4.9% |
| Amounts payable after more than one year | 17 | €359,738 | €339,250 | -€20,487 | -5.7% |
| Financial debts | 170/4 | €359,738 | €339,250 | -€20,487 | -5.7% |
| Amounts payable within one year | 42/48 | €31,408 | €33,484 | +€2,077 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €19,678 | €20,487 | +€809 | +4.1% |
| Trade debts | 44 | €8,649 | €9,015 | +€365 | +4.2% |
| Suppliers | 440/4 | €8,649 | €9,015 | +€365 | +4.2% |
| Taxes, remuneration and social security | 45 | - | €903 | +€903 | |
| Taxes | 450/3 | - | €903 | +€903 | |
| Other amounts payable | 47/48 | €3,080 | €3,080 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €20,580 | €18,813 | -€1,767 | -8.6% |
| Non-recurring operating income | 76A | €200,858 | - | -€200,858 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,817 | €69,712 | -€48,105 | -40.8% |
| Other operating charges | 640/8 | €26,926 | €28,515 | +€1,589 | +5.9% |
| Gross operating margin | 9900 | €311,108 | €211,997 | -€99,112 | -31.9% |
| Operating profit (loss) | 9901 | €166,365 | €113,769 | -€52,596 | -31.6% |
| Financial charges | 65/66B | €6,540 | €14,424 | +€7,884 | +121% |
| Recurring financial charges | 65 | €6,540 | €14,424 | +€7,884 | +121% |
| Profit (loss) for the period before taxes | 9903 | €159,825 | €99,346 | -€60,479 | -37.8% |
| Transfer from deferred taxes | 780 | €520 | €1,066 | +€546 | +105% |
| Income taxes | 67/77 | €40,476 | €25,903 | -€14,574 | -36.0% |
| Profit (loss) for the period | 9904 | €119,869 | €74,509 | -€45,360 | -37.8% |
| Transfer from tax-exempt reserves | 789 | €1,560 | €3,199 | +€1,639 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €121,429 | €77,708 | -€43,721 | -36.0% |
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 19 October 2026 via checked.be.