RABEKO PRODUCTS: 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.
RABEKO PRODUCTS
Largest movements
- Receivables within one year +€149,541
up €149,541 (+31.7%), from €471,594 to €621,135
of which Trade receivables: +€174,286
- Cash -€122,146
down €122,146 (-51.9%), from €235,233 to €113,087
mainly Receivables within one year (-€149,541) and Stocks and contracts (-€110,210)
- Stocks and contracts +€110,210
up €110,210 (+32.6%), from €338,404 to €448,614
- Tangible fixed assets -€53,235
down €53,235 (-22.5%), from €236,809 to €183,574
of which Furniture and vehicles: -€71,377
- Reserves +€140,200
up €140,200 (+18.3%), from €765,395 to €905,595
of which Distributable reserves: +€140,200
- Trade debts +€68,899
up €68,899 (+33.6%), from €205,007 to €273,906
- Other debts -€50,000
no longer reported in 2024 (was €50,000)
- Debts after one year -€43,191
down €43,191 (-42.9%), from €100,595 to €57,404
- Tax, wage and social debts -€23,207
down €23,207 (-44.6%), from €52,010 to €28,803
of which Remuneration and social security: -€22,539
- Gross operating margin +€125,374
up €125,374 (+22.0%), from €570,931 to €696,305
- Taxes +€35,190
up €35,190 (+67.8%), from €51,932 to €87,122
- Depreciation +€30,079
up €30,079 (+53.1%), from €56,592 to €86,671
- Other operating charges -€20,751
down €20,751 (-64.5%), from €32,160 to €11,409
- Staff costs -€8,735
down €8,735 (-3.3%), from €263,820 to €255,084
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 | €1,289,915 | €1,377,422 | +€87,507 | +6.8% |
| Fixed assets | 21/28 | €240,604 | €187,369 | -€53,235 | -22.1% |
| Tangible fixed assets | 22/27 | €236,809 | €183,574 | -€53,235 | -22.5% |
| Plant, machinery and equipment | 23 | €36,420 | €29,537 | -€6,883 | -18.9% |
| Furniture and vehicles | 24 | €200,389 | €129,011 | -€71,377 | -35.6% |
| Other tangible fixed assets | 26 | - | €25,025 | +€25,025 | |
| Financial fixed assets | 28 | €3,795 | €3,795 | = | 0.0% |
| Current assets | 29/58 | €1,049,311 | €1,190,053 | +€140,742 | +13.4% |
| Stocks and contracts in progress | 3 | €338,404 | €448,614 | +€110,210 | +32.6% |
| Stocks | 30/36 | €338,404 | €448,614 | +€110,210 | +32.6% |
| Amounts receivable within one year | 40/41 | €471,594 | €621,135 | +€149,541 | +31.7% |
| Trade receivables | 40 | €293,313 | €467,599 | +€174,286 | +59.4% |
| Other amounts receivable | 41 | €178,282 | €153,536 | -€24,745 | -13.9% |
| Cash at bank and in hand | 54/58 | €235,233 | €113,087 | -€122,146 | -51.9% |
| Deferred charges and accrued income | 490/1 | €4,080 | €7,217 | +€3,137 | +76.9% |
| Total equity and liabilities | 10/49 | €1,289,915 | €1,377,422 | +€87,507 | +6.8% |
| Equity | 10/15 | €780,585 | €920,785 | +€140,200 | +18.0% |
| Contributions | 10/11 | €15,190 | €15,190 | = | 0.0% |
| Reserves | 13 | €765,395 | €905,595 | +€140,200 | +18.3% |
| Tax-exempt reserves | 132 | €40,833 | €40,833 | = | 0.0% |
| Distributable reserves | 133 | €724,562 | €864,762 | +€140,200 | +19.3% |
| Amounts payable | 17/49 | €509,330 | €456,637 | -€52,693 | -10.3% |
| Amounts payable after more than one year | 17 | €100,595 | €57,404 | -€43,191 | -42.9% |
| Financial debts | 170/4 | €100,595 | €57,404 | -€43,191 | -42.9% |
| Amounts payable within one year | 42/48 | €408,735 | €399,233 | -€9,502 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €101,718 | €96,524 | -€5,194 | -5.1% |
| Trade debts | 44 | €205,007 | €273,906 | +€68,899 | +33.6% |
| Suppliers | 440/4 | €205,007 | €273,906 | +€68,899 | +33.6% |
| Taxes, remuneration and social security | 45 | €52,010 | €28,803 | -€23,207 | -44.6% |
| Taxes | 450/3 | €12,003 | €11,335 | -€668 | -5.6% |
| Remuneration and social security | 454/9 | €40,007 | €17,467 | -€22,539 | -56.3% |
| Other amounts payable | 47/48 | €50,000 | - | -€50,000 | |
| Non-recurring operating income | 76A | €1,914 | €3,500 | +€1,586 | +82.8% |
| Remuneration, social security and pensions | 62 | €263,820 | €255,084 | -€8,735 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,592 | €86,671 | +€30,079 | +53.1% |
| Other operating charges | 640/8 | €32,160 | €11,409 | -€20,751 | -64.5% |
| Non-recurring operating charges | 66A | €532 | - | -€532 | |
| Gross operating margin | 9900 | €570,931 | €696,305 | +€125,374 | +22.0% |
| Operating profit (loss) | 9901 | €217,826 | €343,140 | +€125,315 | +57.5% |
| Financial income | 75/76B | €4,822 | €2,548 | -€2,274 | -47.2% |
| Recurring financial income | 75 | €4,822 | €2,548 | -€2,274 | -47.2% |
| Financial charges | 65/66B | €6,532 | €12,091 | +€5,559 | +85.1% |
| Recurring financial charges | 65 | €6,532 | €12,091 | +€5,559 | +85.1% |
| Profit (loss) for the period before taxes | 9903 | €216,116 | €333,598 | +€117,481 | +54.4% |
| Income taxes | 67/77 | €51,932 | €87,122 | +€35,190 | +67.8% |
| Profit (loss) for the period | 9904 | €164,184 | €246,476 | +€82,292 | +50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €164,184 | €246,476 | +€82,292 | +50.1% |
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 29 October 2026 via checked.be.