RABBIT ONE: 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.
RABBIT ONE
Largest movements
- Receivables within one year +€181,040
up €181,040 (+178.8%), from €101,225 to €282,265
of which Other amounts receivable: +€176,388
- Receivables after one year -€149,394
no longer reported in 2024 (was €149,394)
- Cash +€13,942
up €13,942 (+3819.5%), from €365 to €14,308
mainly Receivables after one year (+€149,394) and Trade debts (+€58,430)
- Trade debts +€58,430
up €58,430 (+54.8%), from €106,621 to €165,051
- Reserves +€26,777
up €26,777 (+16.9%), from €158,749 to €185,526
- Short-term financial debts -€12,535
no longer reported in 2024 (was €12,535)
- Debts after one year -€8,484
down €8,484 (-7.8%), from €108,232 to €99,748
- Current portion of long-term debt -€7,389
down €7,389 (-43.5%), from €16,984 to €9,595
- Gross operating margin +€50,905
up €50,905 (+81.1%), from €62,745 to €113,650
- Write-downs +€11,503
new in 2024: €11,503
- Taxes +€7,538
up €7,538 (+151.1%), from €4,990 to €12,528
- Financial income -€3,418
down €3,418 (-99.9%), from €3,422 to €3
- Financial charges +€2,995
up €2,995 (+58.8%), from €5,096 to €8,091
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 | €434,530 | €485,720 | +€51,190 | +11.8% |
| Fixed assets | 21/28 | €178,754 | €182,759 | +€4,004 | +2.2% |
| Tangible fixed assets | 22/27 | €177,754 | €182,259 | +€4,504 | +2.5% |
| Land and buildings | 22 | €164,128 | €153,197 | -€10,931 | -6.7% |
| Plant, machinery and equipment | 23 | €4,309 | €2,186 | -€2,123 | -49.3% |
| Furniture and vehicles | 24 | €9,317 | €26,875 | +€17,558 | +188.5% |
| Financial fixed assets | 28 | €1,000 | €500 | -€500 | -50.0% |
| Current assets | 29/58 | €255,776 | €302,961 | +€47,185 | +18.4% |
| Amounts receivable after more than one year | 29 | €149,394 | - | -€149,394 | |
| Other amounts receivable | 291 | €149,394 | - | -€149,394 | |
| Amounts receivable within one year | 40/41 | €101,225 | €282,265 | +€181,040 | +178.8% |
| Trade receivables | 40 | €54,924 | €59,576 | +€4,652 | +8.5% |
| Other amounts receivable | 41 | €46,301 | €222,689 | +€176,388 | +381.0% |
| Cash at bank and in hand | 54/58 | €365 | €14,308 | +€13,942 | +3819.5% |
| Deferred charges and accrued income | 490/1 | €4,791 | €6,388 | +€1,597 | +33.3% |
| Total equity and liabilities | 10/49 | €434,530 | €485,720 | +€51,190 | +11.8% |
| Equity | 10/15 | €164,949 | €191,726 | +€26,777 | +16.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €158,749 | €185,526 | +€26,777 | +16.9% |
| Distributable reserves | 133 | €158,749 | €185,526 | +€26,777 | +16.9% |
| Amounts payable | 17/49 | €269,581 | €293,993 | +€24,412 | +9.1% |
| Amounts payable after more than one year | 17 | €108,232 | €99,748 | -€8,484 | -7.8% |
| Financial debts | 170/4 | €108,232 | €99,748 | -€8,484 | -7.8% |
| Amounts payable within one year | 42/48 | €161,349 | €194,246 | +€32,897 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €16,984 | €9,595 | -€7,389 | -43.5% |
| Financial debts | 43 | €12,535 | - | -€12,535 | |
| Credit institutions | 430/8 | €12,535 | - | -€12,535 | |
| Trade debts | 44 | €106,621 | €165,051 | +€58,430 | +54.8% |
| Suppliers | 440/4 | €106,621 | €165,051 | +€58,430 | +54.8% |
| Taxes, remuneration and social security | 45 | €25,209 | €19,599 | -€5,610 | -22.3% |
| Taxes | 450/3 | €13,009 | €16,318 | +€3,309 | +25.4% |
| Remuneration and social security | 454/9 | €12,201 | €3,282 | -€8,919 | -73.1% |
| Non-recurring operating income | 76A | €136 | €8,718 | +€8,582 | +6314.5% |
| Remuneration, social security and pensions | 62 | €31,328 | €31,348 | +€20 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,729 | €17,147 | -€2,582 | -13.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €11,503 | +€11,503 | |
| Other operating charges | 640/8 | €9,221 | €6,260 | -€2,960 | -32.1% |
| Non-recurring operating charges | 66A | €720 | - | -€720 | |
| Gross operating margin | 9900 | €62,745 | €113,650 | +€50,905 | +81.1% |
| Operating profit (loss) | 9901 | €1,748 | €47,392 | +€45,644 | +2611.1% |
| Financial income | 75/76B | €3,422 | €3 | -€3,418 | -99.9% |
| Recurring financial income | 75 | €3,422 | €3 | -€3,418 | -99.9% |
| Financial charges | 65/66B | €5,096 | €8,091 | +€2,995 | +58.8% |
| Recurring financial charges | 65 | €5,096 | €8,091 | +€2,995 | +58.8% |
| Profit (loss) for the period before taxes | 9903 | €74 | €39,305 | +€39,231 | +53187.8% |
| Income taxes | 67/77 | €4,990 | €12,528 | +€7,538 | +151.1% |
| Profit (loss) for the period | 9904 | -€4,916 | €26,777 | +€31,693 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,916 | €26,777 | +€31,693 |
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 6 October 2026 via checked.be.