R&W CONSTRUCT: 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&W CONSTRUCT
Largest movements
- Cash +€12,360
up €12,360 (+2754.6%), from €449 to €12,809
mainly Net result for the year (+€5,813) and Depreciation (+€4,417)
- Tangible fixed assets -€4,417
down €4,417 (-45.8%), from €9,644 to €5,227
- Receivables within one year -€473
down €473 (-55.8%), from €848 to €375
of which Other amounts receivable: -€473
- Profit (loss) carried forward +€5,813
new in 2024: €5,813
- Tax, wage and social debts +€2,406
up €2,406 (+1189.3%), from €202 to €2,609
- Other debts -€1,869
down €1,869 (-30.2%), from €6,179 to €4,311
- Trade debts +€1,228
up €1,228 (+583.1%), from €211 to €1,438
- Gross operating margin +€9,029
up €9,029 (+232.0%), from €3,892 to €12,921
- Taxes +€2,074
up €2,074 (+2009.8%), from €103 to €2,178
- Depreciation +€811
up €811 (+22.5%), from €3,606 to €4,417
- Other operating charges +€403
up €403 (+377.5%), from €107 to €509
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 | €11,005 | €18,584 | +€7,579 | +68.9% |
| Fixed assets | 21/28 | €9,644 | €5,227 | -€4,417 | -45.8% |
| Tangible fixed assets | 22/27 | €9,644 | €5,227 | -€4,417 | -45.8% |
| Furniture and vehicles | 24 | €9,644 | €5,227 | -€4,417 | -45.8% |
| Current assets | 29/58 | €1,361 | €13,357 | +€11,996 | +881.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €848 | €375 | -€473 | -55.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €848 | €375 | -€473 | -55.8% |
| Cash at bank and in hand | 54/58 | €449 | €12,809 | +€12,360 | +2754.6% |
| Deferred charges and accrued income | 490/1 | €65 | €173 | +€109 | +167.5% |
| Total equity and liabilities | 10/49 | €11,005 | €18,584 | +€7,579 | +68.9% |
| Equity | 10/15 | €1,926 | €7,739 | +€5,813 | +301.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €926 | €926 | = | 0.0% |
| Distributable reserves | 133 | €926 | €926 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €5,813 | +€5,813 | |
| Amounts payable | 17/49 | €9,079 | €10,845 | +€1,766 | +19.4% |
| Amounts payable within one year | 42/48 | €9,079 | €10,845 | +€1,766 | +19.4% |
| Trade debts | 44 | €211 | €1,438 | +€1,228 | +583.1% |
| Suppliers | 440/4 | €211 | €1,438 | +€1,228 | +583.1% |
| Advances received on contracts in progress | 46 | €2,487 | €2,487 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €202 | €2,609 | +€2,406 | +1189.3% |
| Taxes | 450/3 | €202 | €2,609 | +€2,406 | +1189.3% |
| Other amounts payable | 47/48 | €6,179 | €4,311 | -€1,869 | -30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,606 | €4,417 | +€811 | +22.5% |
| Other operating charges | 640/8 | €107 | €509 | +€403 | +377.5% |
| Gross operating margin | 9900 | €3,892 | €12,921 | +€9,029 | +232.0% |
| Operating profit (loss) | 9901 | €179 | €7,995 | +€7,816 | +4367.7% |
| Financial income | 75/76B | €111 | €0 | -€111 | -99.9% |
| Recurring financial income | 75 | €111 | €0 | -€111 | -99.9% |
| Financial charges | 65/66B | €59 | €4 | -€55 | -92.9% |
| Recurring financial charges | 65 | €59 | €4 | -€55 | -92.9% |
| Profit (loss) for the period before taxes | 9903 | €231 | €7,991 | +€7,760 | +3353.3% |
| Income taxes | 67/77 | €103 | €2,178 | +€2,074 | +2009.8% |
| Profit (loss) for the period | 9904 | €128 | €5,813 | +€5,685 | +4435.0% |
| Profit (loss) for the period to be appropriated | 9905 | €128 | €5,813 | +€5,685 | +4435.0% |
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 7 October 2026 via checked.be.