R&R GROUP: 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&R GROUP
Largest movements
- Receivables within one year +€283,996
up €283,996 (+742%), from €38,280 to €322,276
of which Trade receivables: +€293,553
- Tangible fixed assets +€173,631
up €173,631 (+192%), from €90,345 to €263,976
- Cash +€47,093
up €47,093 (+1,650%), from €2,854 to €49,948
mainly Net result for the year (+€342,885) and Tax, wage and social debts (+€142,320)
- Profit (loss) carried forward +€342,885
up €342,885 (+471%), from €72,776 to €415,660
- Tax, wage and social debts +€142,320
up €142,320 (+406%), from €35,085 to €177,406
of which Taxes: +€95,609
- Trade debts +€15,677
up €15,677 (+81.1%), from €19,330 to €35,007
- Other debts +€7,355
new in 2024: €7,355
- Turnover +€950,930
up €950,930 (+478%), from €198,915 to €1.1m
- Gross operating margin +€542,085
up €542,085 (+456%), from €118,908 to €660,993
- Purchases and services +€413,477
up €413,477 (+470%), from €87,923 to €501,400
- Staff costs +€134,762
up €134,762 (+1,105%), from €12,201 to €146,963
- Taxes +€68,675
up €68,675 (+368%), from €18,648 to €87,323
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 | €132,191 | €640,428 | +€508,237 | +384% |
| Formation expenses | 20 | €711 | €229 | -€482 | -67.8% |
| Fixed assets | 21/28 | €90,345 | €267,976 | +€177,631 | +197% |
| Tangible fixed assets | 22/27 | €90,345 | €263,976 | +€173,631 | +192% |
| Furniture and vehicles | 24 | €90,345 | €263,976 | +€173,631 | +192% |
| Financial fixed assets | 28 | - | €4,000 | +€4,000 | |
| Current assets | 29/58 | €41,135 | €372,223 | +€331,089 | +805% |
| Amounts receivable within one year | 40/41 | €38,280 | €322,276 | +€283,996 | +742% |
| Trade receivables | 40 | €28,723 | €322,276 | +€293,553 | +1,022% |
| Other amounts receivable | 41 | €9,557 | - | -€9,557 | |
| Cash at bank and in hand | 54/58 | €2,854 | €49,948 | +€47,093 | +1,650% |
| Total equity and liabilities | 10/49 | €132,191 | €640,428 | +€508,237 | +384% |
| Equity | 10/15 | €77,776 | €420,660 | +€342,885 | +441% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,776 | €415,660 | +€342,885 | +471% |
| Amounts payable | 17/49 | €54,415 | €219,768 | +€165,353 | +304% |
| Amounts payable within one year | 42/48 | €54,415 | €219,768 | +€165,353 | +304% |
| Trade debts | 44 | €19,330 | €35,007 | +€15,677 | +81.1% |
| Suppliers | 440/4 | €19,330 | €35,007 | +€15,677 | +81.1% |
| Taxes, remuneration and social security | 45 | €35,085 | €177,406 | +€142,320 | +406% |
| Taxes | 450/3 | €35,085 | €130,694 | +€95,609 | +273% |
| Remuneration and social security | 454/9 | - | €46,712 | +€46,712 | |
| Other amounts payable | 47/48 | - | €7,355 | +€7,355 | |
| Turnover | 70 | €198,915 | €1,149,845 | +€950,930 | +478% |
| Goods, raw materials, services and sundry goods | 60/61 | €87,923 | €501,400 | +€413,477 | +470% |
| Remuneration, social security and pensions | 62 | €12,201 | €146,963 | +€134,762 | +1,105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,409 | €74,252 | +€60,843 | +454% |
| Other operating charges | 640/8 | €1,805 | €9,514 | +€7,709 | +427% |
| Gross operating margin | 9900 | €118,908 | €660,993 | +€542,085 | +456% |
| Operating profit (loss) | 9901 | €91,493 | €430,265 | +€338,771 | +370% |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.5% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.5% |
| Financial charges | 65/66B | €71 | €57 | -€14 | -20.3% |
| Recurring financial charges | 65 | €71 | €57 | -€14 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €91,424 | €430,208 | +€338,784 | +371% |
| Income taxes | 67/77 | €18,648 | €87,323 | +€68,675 | +368% |
| Profit (loss) for the period | 9904 | €72,776 | €342,885 | +€270,109 | +371% |
| Profit (loss) for the period to be appropriated | 9905 | €72,776 | €342,885 | +€270,109 | +371% |
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 23 October 2026 via checked.be.