RACHCA: 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.
RACHCA
Largest movements
- Financial fixed assets +€33.7m
up €33.7m (+39.4%), from €85.6m to €119.3m
- Receivables within one year -€13.3m
no longer reported in 2024 (was €13.3m)
- Cash -€5.0m
down €5.0m (-24.5%), from €20.3m to €15.3m
mainly Investment in fixed assets (net) (-€33.7m)
- Contributions +€15.2m
up €15.2m (+12.7%), from €119.5m to €134.7m
- Financial income -€2.5m
down €2.5m (-90.7%), from €2.8m to €259,399
of which Non-recurring financial income: -€2.8m
- Financial charges +€13,087
up €13,087 (+32.9%), from €39,768 to €52,855
of which Financial charges: +€12,936
- Gross operating margin +€5,342
up €5,342 (+15.9%), from -€33,640 to -€28,298
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 | €119,236,062 | €134,618,746 | +€15.4m | +12.9% |
| Fixed assets | 21/28 | €85,620,930 | €119,322,253 | +€33.7m | +39.4% |
| Financial fixed assets | 28 | €85,620,930 | €119,322,253 | +€33.7m | +39.4% |
| Current assets | 29/58 | €33,615,133 | €15,296,493 | -€18.3m | -54.5% |
| Amounts receivable within one year | 40/41 | €13,326,451 | - | -€13.3m | |
| Other amounts receivable | 41 | €13,326,451 | - | -€13.3m | |
| Cash at bank and in hand | 54/58 | €20,272,720 | €15,296,493 | -€5.0m | -24.5% |
| Deferred charges and accrued income | 490/1 | €15,961 | - | -€15,961 | |
| Total equity and liabilities | 10/49 | €119,236,062 | €134,618,746 | +€15.4m | +12.9% |
| Equity | 10/15 | €119,221,685 | €134,598,813 | +€15.4m | +12.9% |
| Contributions | 10/11 | €119,545,609 | €134,745,609 | +€15.2m | +12.7% |
| Profit (loss) carried forward | 14 | -€323,924 | -€146,797 | +€177,128 | +54.7% |
| Amounts payable | 17/49 | €14,377 | €19,933 | +€5,556 | +38.6% |
| Amounts payable within one year | 42/48 | €14,377 | €19,933 | +€5,556 | +38.6% |
| Trade debts | 44 | €11,740 | €17,297 | +€5,556 | +47.3% |
| Suppliers | 440/4 | €11,740 | €17,297 | +€5,556 | +47.3% |
| Other amounts payable | 47/48 | €2,637 | €2,637 | = | 0.0% |
| Other operating charges | 640/8 | €1,197 | €1,118 | -€79 | -6.6% |
| Gross operating margin | 9900 | -€33,640 | -€28,298 | +€5,342 | +15.9% |
| Operating profit (loss) | 9901 | -€34,837 | -€29,416 | +€5,421 | +15.6% |
| Financial income | 75/76B | €2,799,919 | €259,399 | -€2.5m | -90.7% |
| Recurring financial income | 75 | €15,961 | €251,206 | +€235,245 | +1473.9% |
| Non-recurring financial income | 76B | €2,783,958 | €8,193 | -€2.8m | -99.7% |
| Financial charges | 65/66B | €39,768 | €52,855 | +€13,087 | +32.9% |
| Recurring financial charges | 65 | €39,768 | €52,704 | +€12,936 | +32.5% |
| Non-recurring financial charges | 66B | - | €151 | +€151 | |
| Profit (loss) for the period before taxes | 9903 | €2,725,314 | €177,128 | -€2.5m | -93.5% |
| Profit (loss) for the period | 9904 | €2,725,314 | €177,128 | -€2.5m | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,725,314 | €177,128 | -€2.5m | -93.5% |
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 4 October 2026 via checked.be.