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RAIL SUPPORT SERVICES: 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.

What changed

RAIL SUPPORT SERVICES

BE 0700.850.833
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€10,303
2023 · €45,445-€35,142
Equity
€109,178
2023 · €119,192-€10,014
Cash
€12,803
2023 · €14,344-€1,541
Balance sheet total
€127,984
2023 · €135,084-€7,100

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€39,471

    down €39,471 (-62.3%), from €63,382 to €23,911

    of which Other amounts receivable: -€25,033

  • Deferred charges and accrued income +€31,779

    up €31,779 (+134.2%), from €23,677 to €55,456

  • Tangible fixed assets +€2,133

    up €2,133 (+6.3%), from €33,681 to €35,814

    of which Plant, machinery and equipment: +€7,536

  • Cash -€1,541

    down €1,541 (-10.7%), from €14,344 to €12,803

    mainly Deferred charges and accrued income (-€31,779) and Contributions, distributions and other (-€20,317)

Equity and liabilities
  • Contributions -€18,599

    down €18,599 (-100.0%), from €18,600 to €1

  • Profit (loss) carried forward +€8,585

    up €8,585 (+11.7%), from €73,436 to €82,021

  • Trade debts +€6,006

    up €6,006 (+198.8%), from €3,022 to €9,027

  • Other debts -€3,376

    down €3,376 (-66.3%), from €5,094 to €1,718

Income statement
  • Gross operating margin -€46,657

    down €46,657 (-66.0%), from €70,738 to €24,080

  • Taxes -€11,506

    down €11,506 (-73.5%), from €15,645 to €4,139

  • Financial charges -€1,144

    down €1,144 (-95.1%), from €1,203 to €59

  • Depreciation +€956

    up €956 (+12.6%), from €7,577 to €8,533

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €45,445
Gross operating margin -€46,657
Depreciation -€956
Other operating charges -€205
Other operating items +€18
Financial income +€8
Financial charges +€1,144
Taxes +€11,506
Result 2024 €10,303

Cash bridge derived

cash 2023 to 2024

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.

From operations +€29,442
Investment -€10,666
Financing -€20,317
Cash 2023 €14,344
Net result for the year +€10,303
Depreciation +€8,533
Receivables within one year +€39,471
Deferred charges and accrued income -€31,779
Trade debts +€6,006
Tax, wage and social debts +€285
Other debts -€3,376
Investment in fixed assets (net) -€10,666
Contributions, distributions and other -€20,317
Cash 2024 €12,803
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €135,084 €127,984 -€7,100 -5.3%
Fixed assets 21/28 €33,681 €35,814 +€2,133 +6.3%
Tangible fixed assets 22/27 €33,681 €35,814 +€2,133 +6.3%
Land and buildings 22 €16,936 €14,134 -€2,802 -16.5%
Plant, machinery and equipment 23 €2,630 €10,166 +€7,536 +286.6%
Furniture and vehicles 24 €14,115 €11,514 -€2,601 -18.4%
Current assets 29/58 €101,403 €92,170 -€9,233 -9.1%
Amounts receivable within one year 40/41 €63,382 €23,911 -€39,471 -62.3%
Trade receivables 40 €34,151 €19,713 -€14,438 -42.3%
Other amounts receivable 41 €29,231 €4,198 -€25,033 -85.6%
Cash at bank and in hand 54/58 €14,344 €12,803 -€1,541 -10.7%
Deferred charges and accrued income 490/1 €23,677 €55,456 +€31,779 +134.2%
Total equity and liabilities 10/49 €135,084 €127,984 -€7,100 -5.3%
Equity 10/15 €119,192 €109,178 -€10,014 -8.4%
Contributions 10/11 €18,600 €1 -€18,599 -100.0%
Reserves 13 €27,156 €27,156 = 0.0%
Distributable reserves 133 €27,156 €27,156 = 0.0%
Profit (loss) carried forward 14 €73,436 €82,021 +€8,585 +11.7%
Amounts payable 17/49 €15,892 €18,806 +€2,914 +18.3%
Amounts payable within one year 42/48 €15,892 €18,806 +€2,914 +18.3%
Trade debts 44 €3,022 €9,027 +€6,006 +198.8%
Suppliers 440/4 €3,022 €9,027 +€6,006 +198.8%
Taxes, remuneration and social security 45 €7,776 €8,061 +€285 +3.7%
Taxes 450/3 €7,776 €8,061 +€285 +3.7%
Other amounts payable 47/48 €5,094 €1,718 -€3,376 -66.3%
Non-recurring operating income 76A €14,247 - -€14,247
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €7,577 €8,533 +€956 +12.6%
Other operating charges 640/8 €864 €1,069 +€205 +23.7%
Non-recurring operating charges 66A €18 - -€18
Gross operating margin 9900 €70,738 €24,080 -€46,657 -66.0%
Operating profit (loss) 9901 €62,279 €14,479 -€47,800 -76.8%
Financial income 75/76B €14 €22 +€8 +56.6%
Recurring financial income 75 €14 €22 +€8 +56.6%
Financial charges 65/66B €1,203 €59 -€1,144 -95.1%
Recurring financial charges 65 €1,203 €59 -€1,144 -95.1%
Profit (loss) for the period before taxes 9903 €61,090 €14,442 -€46,648 -76.4%
Income taxes 67/77 €15,645 €4,139 -€11,506 -73.5%
Profit (loss) for the period 9904 €45,445 €10,303 -€35,142 -77.3%
Profit (loss) for the period to be appropriated 9905 €45,445 €10,303 -€35,142 -77.3%

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 30 September 2026 via checked.be.