RAGNAR: 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.
RAGNAR
Largest movements
- Stocks and contracts -€229,309
down €229,309 (-19.3%), from €1.2m to €957,936
- Other debts -€355,000
down €355,000 (-29.8%), from €1.2m to €837,000
- Profit (loss) carried forward +€115,553
up €115,553, from -€8,215 to €107,338
- Gross operating margin +€154,670
up €154,670, from -€1,130 to €153,540
- Taxes +€36,082
new in 2024: €36,082
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 | €1,247,007 | €1,012,687 | -€234,320 | -18.8% |
| Current assets | 29/58 | €1,247,007 | €1,012,687 | -€234,320 | -18.8% |
| Stocks and contracts in progress | 3 | €1,187,245 | €957,936 | -€229,309 | -19.3% |
| Stocks | 30/36 | €1,187,245 | €957,936 | -€229,309 | -19.3% |
| Amounts receivable within one year | 40/41 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 41 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,761 | €4,751 | -€5,011 | -51.3% |
| Total equity and liabilities | 10/49 | €1,247,007 | €1,012,687 | -€234,320 | -18.8% |
| Equity | 10/15 | €53,785 | €169,338 | +€115,553 | +214.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,215 | €107,338 | +€115,553 | |
| Amounts payable | 17/49 | €1,193,222 | €843,349 | -€349,873 | -29.3% |
| Amounts payable within one year | 42/48 | €1,193,222 | €843,349 | -€349,873 | -29.3% |
| Trade debts | 44 | €1,222 | €267 | -€955 | -78.2% |
| Suppliers | 440/4 | €1,222 | €267 | -€955 | -78.2% |
| Taxes, remuneration and social security | 45 | - | €6,082 | +€6,082 | |
| Taxes | 450/3 | - | €6,082 | +€6,082 | |
| Other amounts payable | 47/48 | €1,192,000 | €837,000 | -€355,000 | -29.8% |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Gross operating margin | 9900 | -€1,130 | €153,540 | +€154,670 | |
| Operating profit (loss) | 9901 | -€2,091 | €152,572 | +€154,663 | |
| Financial income | 75/76B | - | €49 | +€49 | |
| Recurring financial income | 75 | - | €49 | +€49 | |
| Financial charges | 65/66B | €981 | €986 | +€4 | +0.4% |
| Recurring financial charges | 65 | €981 | €986 | +€4 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,072 | €151,635 | +€154,707 | |
| Income taxes | 67/77 | - | €36,082 | +€36,082 | |
| Profit (loss) for the period | 9904 | -€3,072 | €115,553 | +€118,625 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,072 | €115,553 | +€118,625 |
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 2 October 2026 via checked.be.