RAPH COOK'S: 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.
RAPH COOK'S
Largest movements
- Cash -€48,312
down €48,312 (-33.0%), from €146,308 to €97,996
mainly Debts after one year (-€48,376) and Investment in fixed assets (net) (-€15,183)
- Tangible fixed assets -€18,572
down €18,572 (-9.1%), from €204,254 to €185,682
of which Other tangible fixed assets: -€17,971
- Debts after one year -€48,376
down €48,376 (-29.2%), from €165,792 to €117,417
- Tax, wage and social debts -€9,100
down €9,100 (-17.6%), from €51,743 to €42,643
of which Remuneration and social security: -€16,131
- Trade debts -€8,286
down €8,286 (-16.0%), from €51,694 to €43,408
- Staff costs +€15,757
up €15,757 (+6.2%), from €253,171 to €268,929
- Gross operating margin +€5,541
up €5,541 (+1.8%), from €310,285 to €315,826
- Depreciation +€5,382
up €5,382 (+19.0%), from €28,373 to €33,754
- Financial charges -€4,063
down €4,063 (-43.6%), from €9,321 to €5,258
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 | €445,688 | €384,312 | -€61,376 | -13.8% |
| Fixed assets | 21/28 | €204,254 | €185,682 | -€18,572 | -9.1% |
| Tangible fixed assets | 22/27 | €204,254 | €185,682 | -€18,572 | -9.1% |
| Plant, machinery and equipment | 23 | €8,146 | €8,506 | +€360 | +4.4% |
| Furniture and vehicles | 24 | €26,415 | €25,453 | -€961 | -3.6% |
| Other tangible fixed assets | 26 | €169,693 | €151,723 | -€17,971 | -10.6% |
| Current assets | 29/58 | €241,434 | €198,630 | -€42,804 | -17.7% |
| Stocks and contracts in progress | 3 | €15,300 | €17,300 | +€2,000 | +13.1% |
| Stocks | 30/36 | €15,300 | €17,300 | +€2,000 | +13.1% |
| Amounts receivable within one year | 40/41 | €74,961 | €78,469 | +€3,507 | +4.7% |
| Trade receivables | 40 | €38,596 | €38,596 | = | 0.0% |
| Other amounts receivable | 41 | €36,366 | €39,873 | +€3,507 | +9.6% |
| Cash at bank and in hand | 54/58 | €146,308 | €97,996 | -€48,312 | -33.0% |
| Deferred charges and accrued income | 490/1 | €4,865 | €4,865 | = | 0.0% |
| Total equity and liabilities | 10/49 | €445,688 | €384,312 | -€61,376 | -13.8% |
| Equity | 10/15 | €141,772 | €142,237 | +€465 | +0.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €75,321 | €75,321 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €67,821 | €67,821 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,549 | -€8,084 | +€465 | +5.4% |
| Amounts payable | 17/49 | €303,916 | €242,075 | -€61,841 | -20.3% |
| Amounts payable after more than one year | 17 | €165,792 | €117,417 | -€48,376 | -29.2% |
| Financial debts | 170/4 | €165,792 | €117,417 | -€48,376 | -29.2% |
| Amounts payable within one year | 42/48 | €138,124 | €124,658 | -€13,465 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €34,686 | €38,607 | +€3,921 | +11.3% |
| Trade debts | 44 | €51,694 | €43,408 | -€8,286 | -16.0% |
| Suppliers | 440/4 | €51,694 | €43,408 | -€8,286 | -16.0% |
| Taxes, remuneration and social security | 45 | €51,743 | €42,643 | -€9,100 | -17.6% |
| Taxes | 450/3 | €22,723 | €29,754 | +€7,031 | +30.9% |
| Remuneration and social security | 454/9 | €29,020 | €12,889 | -€16,131 | -55.6% |
| Remuneration, social security and pensions | 62 | €253,171 | €268,929 | +€15,757 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,373 | €33,754 | +€5,382 | +19.0% |
| Other operating charges | 640/8 | €3,138 | €3,885 | +€746 | +23.8% |
| Gross operating margin | 9900 | €310,285 | €315,826 | +€5,541 | +1.8% |
| Operating profit (loss) | 9901 | €25,602 | €9,259 | -€16,344 | -63.8% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €9,321 | €5,258 | -€4,063 | -43.6% |
| Recurring financial charges | 65 | €9,321 | €5,258 | -€4,063 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €16,282 | €4,003 | -€12,279 | -75.4% |
| Income taxes | 67/77 | €6,213 | €3,538 | -€2,675 | -43.1% |
| Profit (loss) for the period | 9904 | €10,069 | €465 | -€9,604 | -95.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,069 | €465 | -€9,604 | -95.4% |
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 4 October 2026 via checked.be.