R2DA: 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.
R2DA
Largest movements
- Tangible fixed assets -€8,416
down €8,416 (-41.6%), from €20,219 to €11,803
of which Leasing and similar rights: -€8,537
- Intangible fixed assets -€5,002
down €5,002 (-20.0%), from €24,997 to €19,996
- Cash +€4,389
up €4,389 (+8.1%), from €54,412 to €58,801
mainly Depreciation (+€14,818) and Net result for the year (+€13,528)
- Receivables within one year +€1,533
up €1,533 (+15.3%), from €10,002 to €11,535
of which Trade receivables: +€1,456
- Other debts -€7,283
down €7,283 (-14.8%), from €49,187 to €41,904
- Debts after one year -€4,549
down €4,549 (-47.0%), from €9,671 to €5,122
- Profit (loss) carried forward +€3,528
up €3,528 (+12.6%), from €27,909 to €31,437
- Tax, wage and social debts +€2,572
up €2,572 (+19.6%), from €13,140 to €15,712
of which Taxes: +€4,572
- Gross operating margin +€2,560
up €2,560 (+6.8%), from €37,694 to €40,254
- Taxes +€2,545
up €2,545 (+36.6%), from €6,961 to €9,507
- Other operating charges +€866
up €866 (+109.7%), from €789 to €1,655
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 | €110,905 | €104,425 | -€6,479 | -5.8% |
| Fixed assets | 21/28 | €45,216 | €31,798 | -€13,418 | -29.7% |
| Intangible fixed assets | 21 | €24,997 | €19,996 | -€5,002 | -20.0% |
| Tangible fixed assets | 22/27 | €20,219 | €11,803 | -€8,416 | -41.6% |
| Furniture and vehicles | 24 | €3,356 | €3,477 | +€121 | +3.6% |
| Leasing and similar rights | 25 | €16,863 | €8,326 | -€8,537 | -50.6% |
| Current assets | 29/58 | €65,688 | €72,627 | +€6,938 | +10.6% |
| Amounts receivable within one year | 40/41 | €10,002 | €11,535 | +€1,533 | +15.3% |
| Trade receivables | 40 | €9,970 | €11,426 | +€1,456 | +14.6% |
| Other amounts receivable | 41 | €32 | €109 | +€77 | +244.5% |
| Cash at bank and in hand | 54/58 | €54,412 | €58,801 | +€4,389 | +8.1% |
| Deferred charges and accrued income | 490/1 | €1,274 | €2,291 | +€1,017 | +79.8% |
| Total equity and liabilities | 10/49 | €110,905 | €104,425 | -€6,479 | -5.8% |
| Equity | 10/15 | €33,909 | €37,437 | +€3,528 | +10.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,909 | €31,437 | +€3,528 | +12.6% |
| Amounts payable | 17/49 | €76,996 | €66,988 | -€10,008 | -13.0% |
| Amounts payable after more than one year | 17 | €9,671 | €5,122 | -€4,549 | -47.0% |
| Financial debts | 170/4 | €9,671 | €5,122 | -€4,549 | -47.0% |
| Amounts payable within one year | 42/48 | €67,325 | €61,866 | -€5,459 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €3,532 | €3,597 | +€65 | +1.9% |
| Trade debts | 44 | €1,466 | €653 | -€814 | -55.5% |
| Suppliers | 440/4 | €1,466 | €653 | -€814 | -55.5% |
| Taxes, remuneration and social security | 45 | €13,140 | €15,712 | +€2,572 | +19.6% |
| Taxes | 450/3 | €11,140 | €15,712 | +€4,572 | +41.0% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €49,187 | €41,904 | -€7,283 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,526 | €14,818 | +€292 | +2.0% |
| Other operating charges | 640/8 | €789 | €1,655 | +€866 | +109.7% |
| Gross operating margin | 9900 | €37,694 | €40,254 | +€2,560 | +6.8% |
| Operating profit (loss) | 9901 | €22,379 | €23,782 | +€1,402 | +6.3% |
| Financial charges | 65/66B | €687 | €747 | +€60 | +8.7% |
| Recurring financial charges | 65 | €687 | €747 | +€60 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €21,692 | €23,035 | +€1,343 | +6.2% |
| Income taxes | 67/77 | €6,961 | €9,507 | +€2,545 | +36.6% |
| Profit (loss) for the period | 9904 | €14,731 | €13,528 | -€1,202 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,731 | €13,528 | -€1,202 | -8.2% |
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 30 September 2026 via checked.be.