RAR BUILD: what changed
Two financial 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.
RAR BUILD
Largest movements
- Receivables within one year +€14,073
up €14,073 (+221%), from €6,373 to €20,446
of which Trade receivables: +€12,854
- Tangible fixed assets -€3,324
down €3,324 (-26.9%), from €12,365 to €9,040
of which Leasing and similar rights: -€2,161
- Profit (loss) carried forward +€13,588
up €13,588, from -€10,296 to €3,291
- Accrued charges and deferred income -€2,166
no longer reported in 2024 (was €2,166)
- Other debts -€1,800
down €1,800 (-7.7%), from €23,322 to €21,522
- Tax, wage and social debts +€1,175
new in 2024: €1,175
of which Remuneration and social security: +€1,145
- Gross operating margin +€39,001
up €39,001, from -€4,767 to €34,235
- Staff costs +€13,913
new in 2024: €13,913
- Other operating charges +€3,362
up €3,362 (+7,527%), from €45 to €3,407
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.
Derived cash bridge
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 | €23,938 | €34,734 | +€10,797 | +45.1% |
| Fixed assets | 21/28 | €17,565 | €14,240 | -€3,324 | -18.9% |
| Tangible fixed assets | 22/27 | €12,365 | €9,040 | -€3,324 | -26.9% |
| Furniture and vehicles | 24 | €3,720 | €2,557 | -€1,163 | -31.3% |
| Leasing and similar rights | 25 | €8,645 | €6,483 | -€2,161 | -25.0% |
| Financial fixed assets | 28 | €5,200 | €5,200 | = | 0.0% |
| Current assets | 29/58 | €6,373 | €20,494 | +€14,121 | +222% |
| Amounts receivable within one year | 40/41 | €6,373 | €20,446 | +€14,073 | +221% |
| Trade receivables | 40 | €2,438 | €15,292 | +€12,854 | +527% |
| Other amounts receivable | 41 | €3,935 | €5,153 | +€1,218 | +31.0% |
| Cash at bank and in hand | 54/58 | - | €48 | +€48 | |
| Total equity and liabilities | 10/49 | €23,938 | €34,734 | +€10,797 | +45.1% |
| Equity | 10/15 | -€2,296 | €11,291 | +€13,588 | |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,296 | €3,291 | +€13,588 | |
| Amounts payable | 17/49 | €26,234 | €23,443 | -€2,791 | -10.6% |
| Amounts payable within one year | 42/48 | €24,068 | €23,443 | -€625 | -2.6% |
| Financial debts | 43 | €746 | €746 | = | 0.0% |
| Credit institutions | 430/8 | €746 | €746 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €1,175 | +€1,175 | |
| Taxes | 450/3 | - | €30 | +€30 | |
| Remuneration and social security | 454/9 | - | €1,145 | +€1,145 | |
| Other amounts payable | 47/48 | €23,322 | €21,522 | -€1,800 | -7.7% |
| Accrued charges and deferred income | 492/3 | €2,166 | - | -€2,166 | |
| Remuneration, social security and pensions | 62 | - | €13,913 | +€13,913 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,091 | €3,324 | +€233 | +7.5% |
| Other operating charges | 640/8 | €45 | €3,407 | +€3,362 | +7,527% |
| Gross operating margin | 9900 | -€4,767 | €34,235 | +€39,001 | |
| Operating profit (loss) | 9901 | -€7,903 | €13,590 | +€21,493 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €150 | €3 | -€148 | -98.3% |
| Recurring financial charges | 65 | €150 | €3 | -€148 | -98.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,053 | €13,588 | +€21,641 | |
| Profit (loss) for the period | 9904 | -€8,053 | €13,588 | +€21,641 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,053 | €13,588 | +€21,641 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.