R.A. PROJECTS: what changed
Two fiscal 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.
R.A. PROJECTS
Largest movements
- Receivables within one year +€61,526
up €61,526 (+41.9%), from €146,800 to €208,326
of which Trade receivables: +€106,600
- Tangible fixed assets -€12,714
down €12,714 (-20.9%), from €60,932 to €48,217
of which Furniture and vehicles: -€8,556
- Cash -€7,486
down €7,486 (-20.8%), from €35,989 to €28,503
mainly Receivables within one year (-€61,526) and Other debts (-€40,062)
- Receivables after one year +€7,265
new in 2024: €7,265
- Trade debts +€82,425
up €82,425 (+58.6%), from €140,744 to €223,168
- Other debts -€40,062
down €40,062 (-61.1%), from €65,619 to €25,556
- Profit (loss) carried forward +€4,948
new in 2024: €4,948
- Turnover +€778,150
new in 2024: €778,150
- Purchases and services +€711,892
new in 2024: €711,892
- Gross operating margin +€21,137
up €21,137 (+46.8%), from €45,122 to €66,258
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 | €248,167 | €297,909 | +€49,742 | +20.0% |
| Fixed assets | 21/28 | €61,484 | €48,217 | -€13,266 | -21.6% |
| Intangible fixed assets | 21 | €552 | €0 | -€552 | -100.0% |
| Tangible fixed assets | 22/27 | €60,932 | €48,217 | -€12,714 | -20.9% |
| Plant, machinery and equipment | 23 | €16,274 | €12,115 | -€4,159 | -25.6% |
| Furniture and vehicles | 24 | €44,658 | €36,102 | -€8,556 | -19.2% |
| Current assets | 29/58 | €186,683 | €249,691 | +€63,008 | +33.8% |
| Amounts receivable after more than one year | 29 | - | €7,265 | +€7,265 | |
| Trade receivables | 290 | - | €7,265 | +€7,265 | |
| Amounts receivable within one year | 40/41 | €146,800 | €208,326 | +€61,526 | +41.9% |
| Trade receivables | 40 | €30,167 | €136,767 | +€106,600 | +353.4% |
| Other amounts receivable | 41 | €116,634 | €71,559 | -€45,075 | -38.6% |
| Cash at bank and in hand | 54/58 | €35,989 | €28,503 | -€7,486 | -20.8% |
| Deferred charges and accrued income | 490/1 | €3,894 | €5,598 | +€1,704 | +43.8% |
| Total equity and liabilities | 10/49 | €248,167 | €297,909 | +€49,742 | +20.0% |
| Equity | 10/15 | €10,946 | €15,894 | +€4,948 | +45.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €9,446 | €9,446 | = | 0.0% |
| Distributable reserves | 133 | €9,446 | €9,446 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €4,948 | +€4,948 | |
| Amounts payable | 17/49 | €237,221 | €282,014 | +€44,794 | +18.9% |
| Amounts payable within one year | 42/48 | €221,729 | €266,522 | +€44,794 | +20.2% |
| Financial debts | 43 | €3 | €3 | = | 0.0% |
| Credit institutions | 430/8 | €3 | €3 | = | 0.0% |
| Trade debts | 44 | €140,744 | €223,168 | +€82,425 | +58.6% |
| Suppliers | 440/4 | €140,744 | €223,168 | +€82,425 | +58.6% |
| Taxes, remuneration and social security | 45 | €15,364 | €17,795 | +€2,431 | +15.8% |
| Taxes | 450/3 | €15,364 | €17,795 | +€2,431 | +15.8% |
| Other amounts payable | 47/48 | €65,619 | €25,556 | -€40,062 | -61.1% |
| Accrued charges and deferred income | 492/3 | €15,492 | €15,492 | = | 0.0% |
| Turnover | 70 | - | €778,150 | +€778,150 | |
| Non-recurring operating income | 76A | €428 | - | -€428 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €711,892 | +€711,892 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,063 | €20,569 | +€2,506 | +13.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,082 | €23,324 | +€3,242 | +16.1% |
| Other operating charges | 640/8 | €7,881 | €7,154 | -€727 | -9.2% |
| Non-recurring operating charges | 66A | €14,034 | €4,450 | -€9,585 | -68.3% |
| Gross operating margin | 9900 | €45,122 | €66,258 | +€21,137 | +46.8% |
| Operating profit (loss) | 9901 | -€14,939 | €10,761 | +€25,700 | |
| Financial income | 75/76B | €7,805 | €3,000 | -€4,805 | -61.6% |
| Recurring financial income | 75 | €7,805 | €3,000 | -€4,805 | -61.6% |
| Financial charges | 65/66B | €8,332 | €8,813 | +€480 | +5.8% |
| Recurring financial charges | 65 | €8,332 | €8,813 | +€480 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,467 | €4,948 | +€20,415 | |
| Income taxes | 67/77 | €7,486 | - | -€7,486 | |
| Profit (loss) for the period | 9904 | -€22,953 | €4,948 | +€27,901 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,953 | €4,948 | +€27,901 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.