R & M CONCEPT: 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 & M CONCEPT
Largest movements
- Receivables within one year +€19,024
up €19,024 (+105%), from €18,094 to €37,118
of which Other amounts receivable: +€17,371
- Tangible fixed assets +€1,249
new in 2024: €1,249
- Trade debts +€14,218
up €14,218 (+128%), from €11,083 to €25,301
- Other debts +€9,570
up €9,570 (+104%), from €9,223 to €18,793
- Profit (loss) carried forward -€2,095
down €2,095 (-6.6%), from -€31,612 to -€33,707
- Tax, wage and social debts -€1,730
down €1,730 (-16.5%), from €10,491 to €8,761
of which Taxes: -€1,730
- Gross operating margin -€7,466
down €7,466 (-84.9%), from €8,792 to €1,326
- Taxes -€2,241
down €2,241 (-80.5%), from €2,785 to €544
- Depreciation -€1,336
down €1,336 (-68.1%), from €1,960 to €624
- Other operating charges -€195
down €195 (-9.7%), from €2,020 to €1,824
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 | €19,294 | €39,257 | +€19,963 | +103% |
| Fixed assets | 21/28 | - | €1,249 | +€1,249 | |
| Tangible fixed assets | 22/27 | - | €1,249 | +€1,249 | |
| Furniture and vehicles | 24 | - | €1,249 | +€1,249 | |
| Current assets | 29/58 | €19,294 | €38,008 | +€18,714 | +97.0% |
| Amounts receivable within one year | 40/41 | €18,094 | €37,118 | +€19,024 | +105% |
| Trade receivables | 40 | €7,886 | €9,539 | +€1,653 | +21.0% |
| Other amounts receivable | 41 | €10,208 | €27,579 | +€17,371 | +170% |
| Cash at bank and in hand | 54/58 | €1,200 | €891 | -€310 | -25.8% |
| Total equity and liabilities | 10/49 | €19,294 | €39,257 | +€19,963 | +103% |
| Equity | 10/15 | -€11,504 | -€13,598 | -€2,095 | -18.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,508 | €1,508 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,508 | €1,508 | = | 0.0% |
| Legal reserve | 130 | €1,508 | €1,508 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,612 | -€33,707 | -€2,095 | -6.6% |
| Amounts payable | 17/49 | €30,798 | €52,856 | +€22,058 | +71.6% |
| Amounts payable within one year | 42/48 | €30,798 | €52,856 | +€22,058 | +71.6% |
| Trade debts | 44 | €11,083 | €25,301 | +€14,218 | +128% |
| Suppliers | 440/4 | €11,083 | €25,301 | +€14,218 | +128% |
| Taxes, remuneration and social security | 45 | €10,491 | €8,761 | -€1,730 | -16.5% |
| Taxes | 450/3 | €3,711 | €1,981 | -€1,730 | -46.6% |
| Remuneration and social security | 454/9 | €6,780 | €6,780 | = | 0.0% |
| Other amounts payable | 47/48 | €9,223 | €18,793 | +€9,570 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,960 | €624 | -€1,336 | -68.1% |
| Other operating charges | 640/8 | €2,020 | €1,824 | -€195 | -9.7% |
| Gross operating margin | 9900 | €8,792 | €1,326 | -€7,466 | -84.9% |
| Operating profit (loss) | 9901 | €4,813 | -€1,122 | -€5,935 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €386 | €429 | +€43 | +11.2% |
| Recurring financial charges | 65 | €328 | €329 | +€1 | +0.4% |
| Non-recurring financial charges | 66B | €58 | €100 | +€42 | +72.4% |
| Profit (loss) for the period before taxes | 9903 | €4,427 | -€1,551 | -€5,978 | |
| Income taxes | 67/77 | €2,785 | €544 | -€2,241 | -80.5% |
| Profit (loss) for the period | 9904 | €1,642 | -€2,095 | -€3,737 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,642 | -€2,095 | -€3,737 |
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 20 October 2026 via checked.be.