RACB EVENTS: 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.
RACB EVENTS
Largest movements
- Cash -€159,005
down €159,005 (-97.4%), from €163,184 to €4,179
mainly Trade debts (-€193,487) and Net result for the year (-€4,387)
- Receivables within one year -€38,869
down €38,869 (-76.0%), from €51,176 to €12,307
of which Trade receivables: -€39,324
- Trade debts -€193,487
down €193,487 (-97.7%), from €198,128 to €4,640
- Profit (loss) carried forward -€4,387
down €4,387 (-9.7%), from -€45,267 to -€49,654
- Gross operating margin +€4,091
up €4,091 (+52.4%), from -€7,810 to -€3,719
- Financial charges +€105
up €105 (+18.7%), from €562 to €668
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €214,360 | €16,486 | -€197,874 | -92.3% |
| Current assets | 29/58 | €214,360 | €16,486 | -€197,874 | -92.3% |
| Amounts receivable within one year | 40/41 | €51,176 | €12,307 | -€38,869 | -76.0% |
| Trade receivables | 40 | €44,818 | €5,493 | -€39,324 | -87.7% |
| Other amounts receivable | 41 | €6,359 | €6,814 | +€455 | +7.2% |
| Cash at bank and in hand | 54/58 | €163,184 | €4,179 | -€159,005 | -97.4% |
| Total equity and liabilities | 10/49 | €214,360 | €16,486 | -€197,874 | -92.3% |
| Equity | 10/15 | €16,233 | €11,846 | -€4,387 | -27.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,267 | -€49,654 | -€4,387 | -9.7% |
| Amounts payable | 17/49 | €198,128 | €4,640 | -€193,487 | -97.7% |
| Amounts payable within one year | 42/48 | €198,128 | €4,640 | -€193,487 | -97.7% |
| Trade debts | 44 | €198,128 | €4,640 | -€193,487 | -97.7% |
| Suppliers | 440/4 | €198,128 | €4,640 | -€193,487 | -97.7% |
| Gross operating margin | 9900 | -€7,810 | -€3,719 | +€4,091 | +52.4% |
| Operating profit (loss) | 9901 | -€7,810 | -€3,719 | +€4,091 | +52.4% |
| Financial charges | 65/66B | €562 | €668 | +€105 | +18.7% |
| Recurring financial charges | 65 | €562 | €668 | +€105 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,372 | -€4,387 | +€3,985 | +47.6% |
| Profit (loss) for the period | 9904 | -€8,372 | -€4,387 | +€3,985 | +47.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,372 | -€4,387 | +€3,985 | +47.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.