RALPHY: 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.
RALPHY
Largest movements
- Receivables within one year -€47,386
down €47,386 (-67.1%), from €70,595 to €23,209
of which Other amounts receivable: -€37,245
- Tangible fixed assets -€35,738
down €35,738 (-3.9%), from €913,700 to €877,962
- Receivables after one year +€35,000
new in 2024: €35,000
- Stocks and contracts +€13,624
new in 2024: €13,624
- Profit (loss) carried forward -€74,635
down €74,635 (-68.0%), from -€109,758 to -€184,393
- Other debts +€64,337
up €64,337 (+78.1%), from €82,382 to €146,719
- Debts after one year -€22,058
down €22,058 (-2.3%), from €949,224 to €927,167
- Accrued charges and deferred income -€14,558
no longer reported in 2024 (was €14,558)
- Trade debts +€13,029
up €13,029 (+79.9%), from €16,308 to €29,337
- Gross operating margin +€102,825
up €102,825, from -€14,434 to €88,391
- Depreciation +€46,386
up €46,386 (+75.9%), from €61,119 to €107,505
- Staff costs +€37,289
up €37,289 (+12966.6%), from €288 to €37,577
- Write-downs +€5,590
new in 2024: €5,590
- Financial income -€4,245
down €4,245 (-58.0%), from €7,315 to €3,070
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 | €985,961 | €951,494 | -€34,467 | -3.5% |
| Fixed assets | 21/28 | €914,763 | €878,650 | -€36,113 | -3.9% |
| Intangible fixed assets | 21 | €1,063 | €688 | -€376 | -35.3% |
| Tangible fixed assets | 22/27 | €913,700 | €877,962 | -€35,738 | -3.9% |
| Other tangible fixed assets | 26 | €913,700 | €877,962 | -€35,738 | -3.9% |
| Current assets | 29/58 | €71,197 | €72,844 | +€1,647 | +2.3% |
| Amounts receivable after more than one year | 29 | - | €35,000 | +€35,000 | |
| Other amounts receivable | 291 | - | €35,000 | +€35,000 | |
| Stocks and contracts in progress | 3 | - | €13,624 | +€13,624 | |
| Stocks | 30/36 | - | €13,624 | +€13,624 | |
| Amounts receivable within one year | 40/41 | €70,595 | €23,209 | -€47,386 | -67.1% |
| Trade receivables | 40 | €29,574 | €19,433 | -€10,141 | -34.3% |
| Other amounts receivable | 41 | €41,021 | €3,776 | -€37,245 | -90.8% |
| Cash at bank and in hand | 54/58 | €602 | €535 | -€67 | -11.2% |
| Deferred charges and accrued income | 490/1 | - | €476 | +€476 | |
| Total equity and liabilities | 10/49 | €985,961 | €951,494 | -€34,467 | -3.5% |
| Equity | 10/15 | -€108,258 | -€182,893 | -€74,635 | -68.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,758 | -€184,393 | -€74,635 | -68.0% |
| Amounts payable | 17/49 | €1,094,219 | €1,134,387 | +€40,168 | +3.7% |
| Amounts payable after more than one year | 17 | €949,224 | €927,167 | -€22,058 | -2.3% |
| Financial debts | 170/4 | €949,224 | €927,167 | -€22,058 | -2.3% |
| Amounts payable within one year | 42/48 | €130,436 | €207,220 | +€76,785 | +58.9% |
| Current portion of amounts payable after more than one year | 42 | €23,246 | €22,058 | -€1,188 | -5.1% |
| Financial debts | 43 | - | €30 | +€30 | |
| Credit institutions | 430/8 | - | €30 | +€30 | |
| Trade debts | 44 | €16,308 | €29,337 | +€13,029 | +79.9% |
| Suppliers | 440/4 | €16,308 | €29,337 | +€13,029 | +79.9% |
| Advances received on contracts in progress | 46 | €8,500 | €3,000 | -€5,500 | -64.7% |
| Taxes, remuneration and social security | 45 | - | €6,077 | +€6,077 | |
| Taxes | 450/3 | - | €4,928 | +€4,928 | |
| Remuneration and social security | 454/9 | - | €1,149 | +€1,149 | |
| Other amounts payable | 47/48 | €82,382 | €146,719 | +€64,337 | +78.1% |
| Accrued charges and deferred income | 492/3 | €14,558 | - | -€14,558 | |
| Remuneration, social security and pensions | 62 | €288 | €37,577 | +€37,289 | +12966.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,119 | €107,505 | +€46,386 | +75.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,590 | +€5,590 | |
| Other operating charges | 640/8 | €413 | €1,841 | +€1,429 | +346.3% |
| Gross operating margin | 9900 | -€14,434 | €88,391 | +€102,825 | |
| Operating profit (loss) | 9901 | -€76,253 | -€64,121 | +€12,131 | +15.9% |
| Financial income | 75/76B | €7,315 | €3,070 | -€4,245 | -58.0% |
| Recurring financial income | 75 | €7,315 | €3,070 | -€4,245 | -58.0% |
| Financial charges | 65/66B | €12,556 | €13,584 | +€1,029 | +8.2% |
| Recurring financial charges | 65 | €12,556 | €13,584 | +€1,029 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | -€81,493 | -€74,635 | +€6,858 | +8.4% |
| Profit (loss) for the period | 9904 | -€81,493 | -€74,635 | +€6,858 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€81,493 | -€74,635 | +€6,858 | +8.4% |
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 29 September 2026 via checked.be.