R-Com: 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-Com
Largest movements
- Receivables within one year +€61,723
up €61,723 (+304.1%), from €20,296 to €82,019
of which Trade receivables: +€75,051
- Cash +€5,134
up €5,134 (+4.5%), from €114,973 to €120,107
mainly Net result for the year (+€34,871) and Tax, wage and social debts (+€30,480)
- Profit (loss) carried forward +€34,871
up €34,871 (+246.3%), from €14,158 to €49,028
- Tax, wage and social debts +€30,480
up €30,480 (+141.2%), from €21,579 to €52,060
of which Taxes: +€18,595
- Trade debts +€22,912
up €22,912 (+115.4%), from €19,856 to €42,768
- Other debts -€15,842
down €15,842 (-50.9%), from €31,126 to €15,283
- Current portion of long-term debt -€14,376
down €14,376 (-59.8%), from €24,021 to €9,645
- Gross operating margin +€24,486
up €24,486 (+34.4%), from €71,262 to €95,748
- Staff costs +€23,724
up €23,724 (+375.2%), from €6,323 to €30,047
- Taxes +€11,406
up €11,406 (+203.6%), from €5,601 to €17,007
- Depreciation +€1,812
up €1,812 (+40.2%), from €4,509 to €6,321
- Other operating charges -€1,769
down €1,769 (-64.4%), from €2,750 to €980
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 | €147,660 | €216,460 | +€68,800 | +46.6% |
| Fixed assets | 21/28 | €12,391 | €14,334 | +€1,943 | +15.7% |
| Tangible fixed assets | 22/27 | €12,391 | €14,334 | +€1,943 | +15.7% |
| Furniture and vehicles | 24 | €12,391 | €14,334 | +€1,943 | +15.7% |
| Current assets | 29/58 | €135,269 | €202,126 | +€66,856 | +49.4% |
| Amounts receivable within one year | 40/41 | €20,296 | €82,019 | +€61,723 | +304.1% |
| Trade receivables | 40 | - | €75,051 | +€75,051 | |
| Other amounts receivable | 41 | €20,296 | €6,968 | -€13,328 | -65.7% |
| Cash at bank and in hand | 54/58 | €114,973 | €120,107 | +€5,134 | +4.5% |
| Total equity and liabilities | 10/49 | €147,660 | €216,460 | +€68,800 | +46.6% |
| Equity | 10/15 | €22,258 | €57,128 | +€34,871 | +156.7% |
| Contributions | 10/11 | €8,100 | €8,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,158 | €49,028 | +€34,871 | +246.3% |
| Amounts payable | 17/49 | €125,403 | €159,332 | +€33,929 | +27.1% |
| Amounts payable after more than one year | 17 | €3,863 | €7,734 | +€3,871 | +100.2% |
| Financial debts | 170/4 | €3,863 | €7,734 | +€3,871 | +100.2% |
| Amounts payable within one year | 42/48 | €96,582 | €129,424 | +€32,841 | +34.0% |
| Current portion of amounts payable after more than one year | 42 | €24,021 | €9,645 | -€14,376 | -59.8% |
| Financial debts | 43 | - | €9,667 | +€9,667 | |
| Other loans | 439 | - | €9,667 | +€9,667 | |
| Trade debts | 44 | €19,856 | €42,768 | +€22,912 | +115.4% |
| Suppliers | 440/4 | €19,856 | €42,768 | +€22,912 | +115.4% |
| Taxes, remuneration and social security | 45 | €21,579 | €52,060 | +€30,480 | +141.2% |
| Taxes | 450/3 | €13,467 | €32,062 | +€18,595 | +138.1% |
| Remuneration and social security | 454/9 | €8,113 | €19,998 | +€11,885 | +146.5% |
| Other amounts payable | 47/48 | €31,126 | €15,283 | -€15,842 | -50.9% |
| Accrued charges and deferred income | 492/3 | €24,958 | €22,174 | -€2,783 | -11.2% |
| Non-recurring operating income | 76A | - | €347 | +€347 | |
| Remuneration, social security and pensions | 62 | €6,323 | €30,047 | +€23,724 | +375.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,509 | €6,321 | +€1,812 | +40.2% |
| Other operating charges | 640/8 | €2,750 | €980 | -€1,769 | -64.4% |
| Non-recurring operating charges | 66A | €364 | €5,883 | +€5,519 | +1515.2% |
| Gross operating margin | 9900 | €71,262 | €95,748 | +€24,486 | +34.4% |
| Operating profit (loss) | 9901 | €57,317 | €52,518 | -€4,799 | -8.4% |
| Financial income | 75/76B | €38 | €124 | +€86 | +228.6% |
| Recurring financial income | 75 | €38 | €124 | +€86 | +228.6% |
| Financial charges | 65/66B | €716 | €764 | +€48 | +6.7% |
| Recurring financial charges | 65 | €716 | €764 | +€48 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €56,639 | €51,877 | -€4,761 | -8.4% |
| Income taxes | 67/77 | €5,601 | €17,007 | +€11,406 | +203.6% |
| Profit (loss) for the period | 9904 | €51,038 | €34,871 | -€16,167 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €51,038 | €34,871 | -€16,167 | -31.7% |
Source: filed annual accounts (NBB), fiscal 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.