R & Co: 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.
R & Co
Largest movements
- Cash -€12,171
down €12,171 (-99.8%), from €12,190 to €19
mainly Investment in fixed assets (net) (-€14,014) and Tax, wage and social debts (-€6,031)
- Stocks and contracts +€5,271
up €5,271 (+89.4%), from €5,895 to €11,166
- Tangible fixed assets -€4,245
down €4,245 (-6.1%), from €69,517 to €65,272
- Receivables within one year -€2,270
down €2,270 (-8.2%), from €27,664 to €25,393
- Short-term financial debts +€6,304
new in 2024: €6,304
- Tax, wage and social debts -€6,031
down €6,031 (-55.5%), from €10,858 to €4,827
- Profit (loss) carried forward -€5,200
down €5,200 (-1,269%), from -€410 to -€5,610
- Other debts -€5,088
down €5,088 (-15.4%), from €32,950 to €27,863
- Debts after one year -€2,773
down €2,773 (-8.8%), from €31,582 to €28,809
- Depreciation +€10,025
up €10,025 (+122%), from €8,233 to €18,259
- Taxes -€5,986
down €5,986 (-97.1%), from €6,166 to €179
- Gross operating margin -€4,535
down €4,535 (-20.2%), from €22,411 to €17,876
- Financial charges +€1,308
up €1,308 (+102%), from €1,283 to €2,591
- Other operating charges -€691
down €691 (-25.2%), from €2,738 to €2,047
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 | €115,265 | €102,540 | -€12,725 | -11.0% |
| Fixed assets | 21/28 | €69,517 | €65,272 | -€4,245 | -6.1% |
| Tangible fixed assets | 22/27 | €69,517 | €65,272 | -€4,245 | -6.1% |
| Furniture and vehicles | 24 | €69,517 | €65,272 | -€4,245 | -6.1% |
| Current assets | 29/58 | €45,748 | €37,268 | -€8,480 | -18.5% |
| Stocks and contracts in progress | 3 | €5,895 | €11,166 | +€5,271 | +89.4% |
| Stocks | 30/36 | €5,895 | €11,166 | +€5,271 | +89.4% |
| Amounts receivable within one year | 40/41 | €27,664 | €25,393 | -€2,270 | -8.2% |
| Trade receivables | 40 | €27,664 | €25,393 | -€2,270 | -8.2% |
| Cash at bank and in hand | 54/58 | €12,190 | €19 | -€12,171 | -99.8% |
| Deferred charges and accrued income | 490/1 | - | €690 | +€690 | |
| Total equity and liabilities | 10/49 | €115,265 | €102,540 | -€12,725 | -11.0% |
| Equity | 10/15 | €17,370 | €12,170 | -€5,200 | -29.9% |
| Contributions | 10/11 | €15,920 | €15,920 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€410 | -€5,610 | -€5,200 | -1,269% |
| Amounts payable | 17/49 | €97,895 | €90,369 | -€7,525 | -7.7% |
| Amounts payable after more than one year | 17 | €31,582 | €28,809 | -€2,773 | -8.8% |
| Financial debts | 170/4 | €31,582 | €28,809 | -€2,773 | -8.8% |
| Amounts payable within one year | 42/48 | €66,164 | €61,039 | -€5,125 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €2,592 | €2,773 | +€181 | +7.0% |
| Financial debts | 43 | - | €6,304 | +€6,304 | |
| Credit institutions | 430/8 | - | €6,304 | +€6,304 | |
| Trade debts | 44 | €19,763 | €19,272 | -€491 | -2.5% |
| Suppliers | 440/4 | €19,763 | €19,272 | -€491 | -2.5% |
| Taxes, remuneration and social security | 45 | €10,858 | €4,827 | -€6,031 | -55.5% |
| Taxes | 450/3 | €10,858 | €4,827 | -€6,031 | -55.5% |
| Other amounts payable | 47/48 | €32,950 | €27,863 | -€5,088 | -15.4% |
| Accrued charges and deferred income | 492/3 | €149 | €522 | +€373 | +251% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,233 | €18,259 | +€10,025 | +122% |
| Other operating charges | 640/8 | €2,738 | €2,047 | -€691 | -25.2% |
| Gross operating margin | 9900 | €22,411 | €17,876 | -€4,535 | -20.2% |
| Operating profit (loss) | 9901 | €11,440 | -€2,430 | -€13,869 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €1,283 | €2,591 | +€1,308 | +102% |
| Recurring financial charges | 65 | €1,283 | €2,591 | +€1,308 | +102% |
| Profit (loss) for the period before taxes | 9903 | €10,161 | -€5,021 | -€15,182 | |
| Income taxes | 67/77 | €6,166 | €179 | -€5,986 | -97.1% |
| Profit (loss) for the period | 9904 | €3,995 | -€5,200 | -€9,195 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,995 | -€5,200 | -€9,195 |
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.