R.B. TECHNICS: 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.
What changed
R.B. TECHNICS
NACE 41.001, General construction of residential buildings
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€231,132
2023 · -€413,510+€644,642
Equity
-€116,298
2023 · -€347,431+€231,133
Cash
€844,043
2023 · €293,955+€550,088
Balance sheet total
€1.1m
2023 · €1.9m-€825,742
Largest movements
Assets
- Current investments -€600,587
no longer reported in 2024 (was €600,587)
- Cash +€550,088
up €550,088 (+187.1%), from €293,955 to €844,043
mainly Current investments (+€600,587) and Stocks and contracts (+€408,878)
- Stocks and contracts -€408,878
no longer reported in 2024 (was €408,878)
of which Contracts in progress: -€304,723
- Receivables within one year -€358,815
down €358,815 (-62.5%), from €573,911 to €215,096
of which Trade receivables: -€339,876
Equity and liabilities
- Provisions -€661,363
down €661,363 (-40.6%), from €1.6m to €968,584
- Profit (loss) carried forward +€231,132
up €231,132 (+8.8%), from -€2.6m to -€2.4m
- Trade debts -€198,513
down €198,513 (-56.4%), from €351,806 to €153,293
- Advances received -€113,115
no longer reported in 2024 (was €113,115)
- Tax, wage and social debts -€80,523
down €80,523 (-94.9%), from €84,830 to €4,307
of which Remuneration and social security: -€66,869
Income statement
- Turnover +€4.7m
up €4.7m (+225.0%), from €2.1m to €6.8m
- Provisions -€1.5m
down €1.5m, from €797,223 to -€655,500
- Staff costs +€218,474
up €218,474 (+40.5%), from €539,267 to €757,741
- Goods and materials -€210,733
down €210,733 (-34.6%), from €608,401 to €397,668
of which Purchases: -€370,285
- Other operating income -€157,806
down €157,806 (-63.8%), from €247,515 to €89,709
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.
Result 2023
-€413,510
Turnover
+€4.7m
Other operating income
-€157,806
Goods and materials
+€210,733
Services and other goods
+€38,573
Staff costs
-€218,474
Depreciation
+€2,589
Write-downs
+€12,658
Provisions
+€1.5m
Other operating charges
+€1,300
Other operating items
-€5.4m
Financial income
+€2,487
Financial charges
+€1,619
Taxes
-€38
Result 2024
€231,132
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.
From operations
-€55,272
Investment
+€605,359
Financing
+€1
Cash 2023
€293,955
From operations (derived)
-€55,272
Net result for the year
+€231,132
Depreciation
+€1,646
Stocks and contracts
+€408,878
Receivables within one year
+€358,815
Deferred charges and accrued income
+€1,132
Provisions
-€661,363
Trade debts
-€198,513
Tax, wage and social debts
-€80,523
Advances received
-€113,115
Other debts
-€3,362
Investment (derived)
+€605,359
Investment in fixed assets (net)
+€4,772
Current investments
+€600,587
Financing
+€1
Contributions, distributions and other
+€1
Cash 2024
€844,043
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,894,274 | €1,068,532 | -€825,742 | -43.6% |
| Fixed assets | 21/28 | €15,811 | €9,392 | -€6,419 | -40.6% |
| Tangible fixed assets | 22/27 | €2,635 | - | -€2,635 | |
| Plant, machinery and equipment | 23 | €2,635 | - | -€2,635 | |
| Financial fixed assets | 28 | €13,176 | €9,392 | -€3,784 | -28.7% |
| Other financial fixed assets | 284/8 | €13,176 | €9,392 | -€3,784 | -28.7% |
| Amounts receivable and cash guarantees | 285/8 | €13,176 | €9,392 | -€3,784 | -28.7% |
| Current assets | 29/58 | €1,878,463 | €1,059,139 | -€819,324 | -43.6% |
| Stocks and contracts in progress | 3 | €408,878 | - | -€408,878 | |
| Stocks | 30/36 | €104,155 | - | -€104,155 | |
| Raw materials and consumables | 30/31 | €104,155 | - | -€104,155 | |
| Contracts in progress | 37 | €304,723 | - | -€304,723 | |
| Amounts receivable within one year | 40/41 | €573,911 | €215,096 | -€358,815 | -62.5% |
| Trade receivables | 40 | €517,334 | €177,458 | -€339,876 | -65.7% |
| Other amounts receivable | 41 | €56,577 | €37,638 | -€18,939 | -33.5% |
| Current investments | 50/53 | €600,587 | - | -€600,587 | |
| Other investments | 51/53 | €600,587 | - | -€600,587 | |
| Cash at bank and in hand | 54/58 | €293,955 | €844,043 | +€550,088 | +187.1% |
| Deferred charges and accrued income | 490/1 | €1,132 | - | -€1,132 | |
| Total equity and liabilities | 10/49 | €1,894,274 | €1,068,532 | -€825,742 | -43.6% |
| Equity | 10/15 | -€347,431 | -€116,298 | +€231,133 | +66.5% |
| Contributions | 10/11 | €1,718,103 | €1,718,103 | -€0 | 0.0% |
| Capital | 10 | €1,718,103 | €1,718,103 | -€0 | 0.0% |
| Issued capital | 100 | €1,730,503 | €1,730,503 | -€0 | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €573,600 | €573,601 | +€1 | 0.0% |
| Non-distributable reserves | 130/1 | €23,060 | €23,060 | = | 0.0% |
| Legal reserve | 130 | €23,060 | €23,060 | = | 0.0% |
| Tax-exempt reserves | 132 | €76,970 | €76,971 | +€1 | 0.0% |
| Distributable reserves | 133 | €473,570 | €473,571 | +€1 | 0.0% |
| Profit (loss) carried forward | 14 | -€2,639,134 | -€2,408,002 | +€231,132 | +8.8% |
| Provisions and deferred taxes | 16 | €1,629,947 | €968,584 | -€661,363 | -40.6% |
| Provisions for liabilities and charges | 160/5 | €1,629,947 | €968,584 | -€661,363 | -40.6% |
| Other liabilities and charges | 164/5 | €1,629,947 | €968,584 | -€661,363 | -40.6% |
| Amounts payable | 17/49 | €611,758 | €216,246 | -€395,512 | -64.7% |
| Amounts payable within one year | 42/48 | €576,740 | €181,228 | -€395,512 | -68.6% |
| Trade debts | 44 | €351,806 | €153,293 | -€198,513 | -56.4% |
| Suppliers | 440/4 | €351,806 | €153,293 | -€198,513 | -56.4% |
| Advances received on contracts in progress | 46 | €113,115 | - | -€113,115 | |
| Taxes, remuneration and social security | 45 | €84,830 | €4,307 | -€80,523 | -94.9% |
| Taxes | 450/3 | €15,037 | €1,383 | -€13,654 | -90.8% |
| Remuneration and social security | 454/9 | €69,793 | €2,924 | -€66,869 | -95.8% |
| Other amounts payable | 47/48 | €26,989 | €23,627 | -€3,362 | -12.5% |
| Accrued charges and deferred income | 492/3 | €35,018 | €35,018 | = | 0.0% |
| Operating income | 70/76A | €2,835,814 | €1,976,287 | -€859,527 | -30.3% |
| Turnover | 70 | €2,104,696 | €6,839,212 | +€4.7m | +225.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €459,151 | -€5,053,616 | -€5.5m | |
| Other operating income | 74 | €247,515 | €89,709 | -€157,806 | -63.8% |
| Non-recurring operating income | 76A | €24,452 | €100,982 | +€76,530 | +313.0% |
| Operating charges | 60/66A | €3,253,563 | €1,753,462 | -€1.5m | -46.1% |
| Goods for resale, raw materials and consumables | 60 | €608,401 | €397,668 | -€210,733 | -34.6% |
| Purchases | 600/8 | €623,798 | €253,513 | -€370,285 | -59.4% |
| Change in stocks: decrease (increase) | 609 | -€15,397 | €144,155 | +€159,552 | |
| Services and other goods | 61 | €1,261,213 | €1,222,640 | -€38,573 | -3.1% |
| Remuneration, social security and pensions | 62 | €539,267 | €757,741 | +€218,474 | +40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,235 | €1,646 | -€2,589 | -61.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €40,000 | €27,342 | -€12,658 | -31.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €797,223 | -€655,500 | -€1.5m | |
| Other operating charges | 640/8 | €3,224 | €1,924 | -€1,300 | -40.3% |
| Operating profit (loss) | 9901 | -€417,749 | €222,825 | +€640,574 | |
| Financial income | 75/76B | €12,453 | €14,940 | +€2,487 | +20.0% |
| Recurring financial income | 75 | €12,453 | €14,940 | +€2,487 | +20.0% |
| Income from current assets | 751 | €6,340 | €14,819 | +€8,479 | +133.7% |
| Other financial income | 752/9 | €6,113 | €122 | -€5,991 | -98.0% |
| Financial charges | 65/66B | €7,849 | €6,230 | -€1,619 | -20.6% |
| Recurring financial charges | 65 | €7,849 | €6,230 | -€1,619 | -20.6% |
| Other financial charges | 652/9 | €7,849 | €6,230 | -€1,619 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€413,145 | €231,536 | +€644,681 | |
| Income taxes | 67/77 | €365 | €403 | +€38 | +10.5% |
| Taxes | 670/3 | €365 | €403 | +€38 | +10.5% |
| Profit (loss) for the period | 9904 | -€413,510 | €231,132 | +€644,642 | |
| Profit (loss) for the period to be appropriated | 9905 | -€413,510 | €231,132 | +€644,642 |
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 9 October 2026 via checked.be.