RAILINE: 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.
RAILINE
Largest movements
- Cash -€18,424
down €18,424 (-97.1%), from €18,977 to €553
mainly Tax, wage and social debts (-€15,559) and Net result for the year (-€8,701)
- Tangible fixed assets -€3,655
down €3,655 (-17.4%), from €20,970 to €17,315
of which Plant, machinery and equipment: -€1,893
- Tax, wage and social debts -€15,559
down €15,559 (-71.2%), from €21,862 to €6,303
of which Remuneration and social security: -€9,921
- Reserves -€8,701
down €8,701 (-12.4%), from €70,417 to €61,716
- Trade debts +€2,492
up €2,492 (+706.6%), from €353 to €2,845
- Gross operating margin -€39,946
down €39,946 (-66.6%), from €59,939 to €19,994
- Staff costs -€18,773
down €18,773 (-50.7%), from €37,033 to €18,260
- Taxes -€4,114
down €4,114 (-96.7%), from €4,254 to €140
- Financial charges +€2,004
up €2,004 (+1312.6%), from €153 to €2,157
- Depreciation +€1,966
up €1,966 (+36.7%), from €5,351 to €7,318
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 | €94,632 | €72,865 | -€21,767 | -23.0% |
| Fixed assets | 21/28 | €20,970 | €17,315 | -€3,655 | -17.4% |
| Tangible fixed assets | 22/27 | €20,970 | €17,315 | -€3,655 | -17.4% |
| Plant, machinery and equipment | 23 | €14,272 | €12,380 | -€1,893 | -13.3% |
| Furniture and vehicles | 24 | €6,697 | €4,935 | -€1,762 | -26.3% |
| Current assets | 29/58 | €73,662 | €55,550 | -€18,113 | -24.6% |
| Amounts receivable within one year | 40/41 | €54,685 | €54,855 | +€170 | +0.3% |
| Trade receivables | 40 | €14,135 | €8,030 | -€6,106 | -43.2% |
| Other amounts receivable | 41 | €40,550 | €46,826 | +€6,276 | +15.5% |
| Cash at bank and in hand | 54/58 | €18,977 | €553 | -€18,424 | -97.1% |
| Deferred charges and accrued income | 490/1 | - | €141 | +€141 | |
| Total equity and liabilities | 10/49 | €94,632 | €72,865 | -€21,767 | -23.0% |
| Equity | 10/15 | €72,417 | €63,716 | -€8,701 | -12.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €70,417 | €61,716 | -€8,701 | -12.4% |
| Distributable reserves | 133 | €70,417 | €61,716 | -€8,701 | -12.4% |
| Amounts payable | 17/49 | €22,215 | €9,148 | -€13,066 | -58.8% |
| Amounts payable within one year | 42/48 | €22,215 | €9,148 | -€13,066 | -58.8% |
| Trade debts | 44 | €353 | €2,845 | +€2,492 | +706.6% |
| Suppliers | 440/4 | €353 | €2,845 | +€2,492 | +706.6% |
| Taxes, remuneration and social security | 45 | €21,862 | €6,303 | -€15,559 | -71.2% |
| Taxes | 450/3 | €11,941 | €6,303 | -€5,638 | -47.2% |
| Remuneration and social security | 454/9 | €9,921 | - | -€9,921 | |
| Remuneration, social security and pensions | 62 | €37,033 | €18,260 | -€18,773 | -50.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,351 | €7,318 | +€1,966 | +36.7% |
| Other operating charges | 640/8 | €446 | €820 | +€374 | +83.8% |
| Gross operating margin | 9900 | €59,939 | €19,994 | -€39,946 | -66.6% |
| Operating profit (loss) | 9901 | €17,109 | -€6,404 | -€23,513 | |
| Financial income | 75/76B | €39 | €0 | -€39 | -99.9% |
| Recurring financial income | 75 | €39 | €0 | -€39 | -99.9% |
| Financial charges | 65/66B | €153 | €2,157 | +€2,004 | +1312.6% |
| Recurring financial charges | 65 | €153 | €2,157 | +€2,004 | +1312.6% |
| Profit (loss) for the period before taxes | 9903 | €16,995 | -€8,561 | -€25,556 | |
| Income taxes | 67/77 | €4,254 | €140 | -€4,114 | -96.7% |
| Profit (loss) for the period | 9904 | €12,741 | -€8,701 | -€21,442 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,741 | -€8,701 | -€21,442 |
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.