RAAD EN DAAD: 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.
RAAD EN DAAD
Largest movements
- Current investments -€230,000
no longer reported in 2024 (was €230,000)
- Cash +€185,880
up €185,880 (+294%), from €63,214 to €249,094
mainly Current investments (+€230,000) and Depreciation (+€19,179)
- Tangible fixed assets +€13,427
up €13,427 (+6.3%), from €213,982 to €227,409
of which Furniture and vehicles: +€30,391
- Debts after one year -€18,053
down €18,053 (-72.1%), from €25,037 to €6,984
- Reserves -€10,934
down €10,934 (-4.1%), from €267,000 to €256,066
- Gross operating margin +€28,094
up €28,094 (+200%), from €14,058 to €42,152
- Financial income +€6,518
up €6,518 (+531%), from €1,228 to €7,747
- Taxes +€3,398
up €3,398 (+57.6%), from €5,898 to €9,296
- Depreciation +€2,741
up €2,741 (+16.7%), from €16,438 to €19,179
- Financial charges -€653
down €653 (-30.5%), from €2,144 to €1,490
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 | €542,049 | €517,063 | -€24,986 | -4.6% |
| Fixed assets | 21/28 | €213,982 | €227,409 | +€13,427 | +6.3% |
| Tangible fixed assets | 22/27 | €213,982 | €227,409 | +€13,427 | +6.3% |
| Land and buildings | 22 | €212,264 | €195,300 | -€16,965 | -8.0% |
| Furniture and vehicles | 24 | €1,718 | €32,109 | +€30,391 | +1,769% |
| Current assets | 29/58 | €328,067 | €289,654 | -€38,413 | -11.7% |
| Amounts receivable within one year | 40/41 | €33,596 | €37,738 | +€4,142 | +12.3% |
| Trade receivables | 40 | €31,625 | €36,628 | +€5,003 | +15.8% |
| Other amounts receivable | 41 | €1,970 | €1,109 | -€861 | -43.7% |
| Current investments | 50/53 | €230,000 | - | -€230,000 | |
| Cash at bank and in hand | 54/58 | €63,214 | €249,094 | +€185,880 | +294% |
| Deferred charges and accrued income | 490/1 | €1,257 | €2,822 | +€1,565 | +124% |
| Total equity and liabilities | 10/49 | €542,049 | €517,063 | -€24,986 | -4.6% |
| Equity | 10/15 | €485,895 | €473,295 | -€12,600 | -2.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €267,000 | €256,066 | -€10,934 | -4.1% |
| Distributable reserves | 133 | €267,000 | €256,066 | -€10,934 | -4.1% |
| Profit (loss) carried forward | 14 | €212,695 | €211,029 | -€1,666 | -0.8% |
| Amounts payable | 17/49 | €56,154 | €43,768 | -€12,386 | -22.1% |
| Amounts payable after more than one year | 17 | €25,037 | €6,984 | -€18,053 | -72.1% |
| Financial debts | 170/4 | €25,037 | €6,984 | -€18,053 | -72.1% |
| Amounts payable within one year | 42/48 | €27,532 | €34,573 | +€7,041 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €18,004 | €18,053 | +€49 | +0.3% |
| Trade debts | 44 | €1,587 | €6,987 | +€5,400 | +340% |
| Suppliers | 440/4 | €1,587 | €6,987 | +€5,400 | +340% |
| Taxes, remuneration and social security | 45 | €2,321 | €1,072 | -€1,249 | -53.8% |
| Taxes | 450/3 | €2,321 | €1,072 | -€1,249 | -53.8% |
| Other amounts payable | 47/48 | €5,620 | €8,462 | +€2,842 | +50.6% |
| Accrued charges and deferred income | 492/3 | €3,585 | €2,211 | -€1,374 | -38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,438 | €19,179 | +€2,741 | +16.7% |
| Other operating charges | 640/8 | €1,347 | €868 | -€479 | -35.6% |
| Gross operating margin | 9900 | €14,058 | €42,152 | +€28,094 | +200% |
| Operating profit (loss) | 9901 | -€3,727 | €22,106 | +€25,832 | |
| Financial income | 75/76B | €1,228 | €7,747 | +€6,518 | +531% |
| Recurring financial income | 75 | €1,228 | €7,747 | +€6,518 | +531% |
| Financial charges | 65/66B | €2,144 | €1,490 | -€653 | -30.5% |
| Recurring financial charges | 65 | €2,144 | €1,490 | -€653 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,642 | €28,362 | +€33,004 | |
| Income taxes | 67/77 | €5,898 | €9,296 | +€3,398 | +57.6% |
| Profit (loss) for the period | 9904 | -€10,540 | €19,066 | +€29,606 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,540 | €19,066 | +€29,606 |
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 21 October 2026 via checked.be.