RACK SERVICE: 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.
RACK SERVICE
Largest movements
- Stocks and contracts +€26,670
up €26,670 (+71.4%), from €37,352 to €64,022
- Receivables within one year +€3,519
up €3,519 (+8.8%), from €40,166 to €43,685
- Tangible fixed assets -€2,051
down €2,051 (-37.0%), from €5,545 to €3,494
of which Plant, machinery and equipment: -€1,079
- Intangible fixed assets -€1,849
down €1,849 (-88.9%), from €2,080 to €231
- Profit (loss) carried forward +€28,060
up €28,060 (+59.2%), from €47,412 to €75,471
- Trade debts -€13,626
down €13,626 (-78.1%), from €17,455 to €3,830
- Accrued charges and deferred income +€12,500
up €12,500 (+500.0%), from €2,500 to €15,000
- Debts after one year -€10,580
down €10,580 (-37.6%), from €28,172 to €17,592
- Tax, wage and social debts +€8,499
up €8,499 (+38.2%), from €22,232 to €30,731
of which Remuneration and social security: +€8,986
- Gross operating margin +€60,285
up €60,285 (+228.1%), from €26,433 to €86,717
- Staff costs +€25,846
up €25,846 (+150.0%), from €17,234 to €43,080
- Taxes +€9,512
new in 2024: €9,512
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 | €133,047 | €158,204 | +€25,156 | +18.9% |
| Fixed assets | 21/28 | €7,625 | €3,725 | -€3,900 | -51.2% |
| Intangible fixed assets | 21 | €2,080 | €231 | -€1,849 | -88.9% |
| Tangible fixed assets | 22/27 | €5,545 | €3,494 | -€2,051 | -37.0% |
| Plant, machinery and equipment | 23 | €2,484 | €1,405 | -€1,079 | -43.5% |
| Furniture and vehicles | 24 | €3,061 | €2,089 | -€972 | -31.7% |
| Current assets | 29/58 | €125,422 | €154,479 | +€29,056 | +23.2% |
| Stocks and contracts in progress | 3 | €37,352 | €64,022 | +€26,670 | +71.4% |
| Stocks | 30/36 | €37,352 | €64,022 | +€26,670 | +71.4% |
| Amounts receivable within one year | 40/41 | €40,166 | €43,685 | +€3,519 | +8.8% |
| Trade receivables | 40 | €40,166 | €43,685 | +€3,519 | +8.8% |
| Cash at bank and in hand | 54/58 | €47,905 | €46,772 | -€1,133 | -2.4% |
| Total equity and liabilities | 10/49 | €133,047 | €158,204 | +€25,156 | +18.9% |
| Equity | 10/15 | €52,412 | €80,471 | +€28,060 | +53.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,412 | €75,471 | +€28,060 | +59.2% |
| Amounts payable | 17/49 | €80,636 | €77,732 | -€2,903 | -3.6% |
| Amounts payable after more than one year | 17 | €28,172 | €17,592 | -€10,580 | -37.6% |
| Financial debts | 170/4 | €28,172 | €17,592 | -€10,580 | -37.6% |
| Amounts payable within one year | 42/48 | €49,964 | €45,141 | -€4,823 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €10,277 | €10,580 | +€303 | +2.9% |
| Trade debts | 44 | €17,455 | €3,830 | -€13,626 | -78.1% |
| Suppliers | 440/4 | €17,455 | €3,830 | -€13,626 | -78.1% |
| Taxes, remuneration and social security | 45 | €22,232 | €30,731 | +€8,499 | +38.2% |
| Taxes | 450/3 | €22,232 | €21,745 | -€487 | -2.2% |
| Remuneration and social security | 454/9 | - | €8,986 | +€8,986 | |
| Accrued charges and deferred income | 492/3 | €2,500 | €15,000 | +€12,500 | +500.0% |
| Remuneration, social security and pensions | 62 | €17,234 | €43,080 | +€25,846 | +150.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,477 | €3,900 | -€577 | -12.9% |
| Other operating charges | 640/8 | €1,882 | €1,322 | -€560 | -29.8% |
| Gross operating margin | 9900 | €26,433 | €86,717 | +€60,285 | +228.1% |
| Operating profit (loss) | 9901 | €2,839 | €38,415 | +€35,576 | +1252.9% |
| Financial charges | 65/66B | €1,340 | €844 | -€496 | -37.0% |
| Recurring financial charges | 65 | €1,340 | €844 | -€496 | -37.0% |
| Non-recurring financial charges | 66B | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €1,499 | €37,572 | +€36,072 | +2405.7% |
| Income taxes | 67/77 | - | €9,512 | +€9,512 | |
| Profit (loss) for the period | 9904 | €1,499 | €28,060 | +€26,560 | +1771.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,499 | €28,060 | +€26,560 | +1771.3% |
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 1 October 2026 via checked.be.