R&G 1: 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&G 1
Largest movements
- Receivables within one year -€10,803
no longer reported in 2024 (was €10,803)
- Cash -€6,930
down €6,930 (-57.4%), from €12,066 to €5,136
mainly Trade debts (-€13,430) and Tax, wage and social debts (-€7,879)
- Tangible fixed assets +€5,092
up €5,092 (+196%), from €2,594 to €7,686
- Trade debts -€13,430
down €13,430 (-87.7%), from €15,319 to €1,889
- Profit (loss) carried forward +€8,501
up €8,501 (+51.3%), from -€16,567 to -€8,066
- Tax, wage and social debts -€7,879
down €7,879 (-28.9%), from €27,224 to €19,345
of which Taxes: -€7,432
- Turnover +€17,571
up €17,571 (+17.4%), from €100,729 to €118,300
- Purchases and services +€11,773
up €11,773 (+15.8%), from €74,451 to €86,224
- Staff costs -€6,486
down €6,486 (-30.8%), from €21,042 to €14,556
- Gross operating margin +€5,799
up €5,799 (+22.1%), from €26,278 to €32,077
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 | €36,475 | €23,966 | -€12,509 | -34.3% |
| Fixed assets | 21/28 | €13,444 | €18,536 | +€5,092 | +37.9% |
| Tangible fixed assets | 22/27 | €2,594 | €7,686 | +€5,092 | +196% |
| Furniture and vehicles | 24 | €2,594 | €7,686 | +€5,092 | +196% |
| Financial fixed assets | 28 | €10,850 | €10,850 | = | 0.0% |
| Current assets | 29/58 | €23,031 | €5,430 | -€17,601 | -76.4% |
| Amounts receivable within one year | 40/41 | €10,803 | - | -€10,803 | |
| Trade receivables | 40 | €10,803 | - | -€10,803 | |
| Cash at bank and in hand | 54/58 | €12,066 | €5,136 | -€6,930 | -57.4% |
| Deferred charges and accrued income | 490/1 | €162 | €294 | +€132 | +81.7% |
| Total equity and liabilities | 10/49 | €36,475 | €23,966 | -€12,509 | -34.3% |
| Equity | 10/15 | -€6,067 | €2,434 | +€8,501 | |
| Contributions | 10/11 | €10,500 | €10,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,567 | -€8,066 | +€8,501 | +51.3% |
| Amounts payable | 17/49 | €42,543 | €21,532 | -€21,011 | -49.4% |
| Amounts payable within one year | 42/48 | €42,543 | €21,532 | -€21,011 | -49.4% |
| Trade debts | 44 | €15,319 | €1,889 | -€13,430 | -87.7% |
| Suppliers | 440/4 | €15,319 | €1,889 | -€13,430 | -87.7% |
| Taxes, remuneration and social security | 45 | €27,224 | €19,345 | -€7,879 | -28.9% |
| Taxes | 450/3 | €19,353 | €11,921 | -€7,432 | -38.4% |
| Remuneration and social security | 454/9 | €7,871 | €7,424 | -€447 | -5.7% |
| Other amounts payable | 47/48 | - | €298 | +€298 | |
| Turnover | 70 | €100,729 | €118,300 | +€17,571 | +17.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €74,451 | €86,224 | +€11,773 | +15.8% |
| Remuneration, social security and pensions | 62 | €21,042 | €14,556 | -€6,486 | -30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50 | €1,062 | +€1,012 | +2,043% |
| Other operating charges | 640/8 | €7,475 | €7,777 | +€301 | +4.0% |
| Gross operating margin | 9900 | €26,278 | €32,077 | +€5,799 | +22.1% |
| Operating profit (loss) | 9901 | -€2,289 | €8,682 | +€10,970 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €374 | €184 | -€190 | -50.8% |
| Recurring financial charges | 65 | €374 | €184 | -€190 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,662 | €8,501 | +€11,163 | |
| Profit (loss) for the period | 9904 | -€2,662 | €8,501 | +€11,163 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,662 | €8,501 | +€11,163 |
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 27 October 2026 via checked.be.