RAF VERDONCK: 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.
RAF VERDONCK
Largest movements
- Stocks and contracts -€5,622
down €5,622 (-43.3%), from €12,996 to €7,374
of which Contracts in progress: -€6,000
- Cash -€4,974
down €4,974 (-56.2%), from €8,856 to €3,882
mainly Net result for the year (-€7,333) and Tax, wage and social debts (-€6,205)
- Receivables within one year -€2,495
down €2,495 (-21.0%), from €11,853 to €9,358
of which Trade receivables: -€2,606
- Profit (loss) carried forward -€7,333
down €7,333 (-32.3%), from -€22,707 to -€30,040
- Tax, wage and social debts -€6,205
no longer reported in 2023 (was €6,205)
of which Remuneration and social security: -€5,137
- Trade debts +€958
up €958 (+52.1%), from €1,840 to €2,798
- Other debts -€511
down €511 (-4.5%), from €11,298 to €10,787
- Gross operating margin +€15,693
up €15,693 (+71.8%), from -€21,871 to -€6,177
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 | €34,119 | €21,029 | -€13,090 | -38.4% |
| Current assets | 29/58 | €34,119 | €21,029 | -€13,090 | -38.4% |
| Stocks and contracts in progress | 3 | €12,996 | €7,374 | -€5,622 | -43.3% |
| Stocks | 30/36 | €5,496 | €5,874 | +€378 | +6.9% |
| Contracts in progress | 37 | €7,500 | €1,500 | -€6,000 | -80.0% |
| Amounts receivable within one year | 40/41 | €11,853 | €9,358 | -€2,495 | -21.0% |
| Trade receivables | 40 | €11,267 | €8,660 | -€2,606 | -23.1% |
| Other amounts receivable | 41 | €586 | €698 | +€111 | +19.0% |
| Cash at bank and in hand | 54/58 | €8,856 | €3,882 | -€4,974 | -56.2% |
| Deferred charges and accrued income | 490/1 | €414 | €414 | = | 0.0% |
| Total equity and liabilities | 10/49 | €34,119 | €21,029 | -€13,090 | -38.4% |
| Equity | 10/15 | €14,776 | €7,443 | -€7,333 | -49.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,884 | €18,884 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,024 | €17,024 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,707 | -€30,040 | -€7,333 | -32.3% |
| Amounts payable | 17/49 | €19,343 | €13,585 | -€5,757 | -29.8% |
| Amounts payable within one year | 42/48 | €19,343 | €13,585 | -€5,757 | -29.8% |
| Trade debts | 44 | €1,840 | €2,798 | +€958 | +52.1% |
| Suppliers | 440/4 | €1,840 | €2,798 | +€958 | +52.1% |
| Taxes, remuneration and social security | 45 | €6,205 | - | -€6,205 | |
| Taxes | 450/3 | €1,068 | - | -€1,068 | |
| Remuneration and social security | 454/9 | €5,137 | - | -€5,137 | |
| Other amounts payable | 47/48 | €11,298 | €10,787 | -€511 | -4.5% |
| Remuneration, social security and pensions | 62 | €474 | €610 | +€136 | +28.7% |
| Other operating charges | 640/8 | €259 | €462 | +€203 | +78.3% |
| Gross operating margin | 9900 | -€21,871 | -€6,177 | +€15,693 | +71.8% |
| Operating profit (loss) | 9901 | -€22,603 | -€7,249 | +€15,355 | +67.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €104 | €84 | -€20 | -19.0% |
| Recurring financial charges | 65 | €104 | €84 | -€20 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | -€22,707 | -€7,333 | +€15,374 | +67.7% |
| Profit (loss) for the period | 9904 | -€22,707 | -€7,333 | +€15,374 | +67.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,707 | -€7,333 | +€15,374 | +67.7% |
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 22 October 2026 via checked.be.