RARD: 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.
RARD
Largest movements
- Receivables within one year -€84,103
down €84,103 (-28.8%), from €292,137 to €208,034
of which Other amounts receivable: -€84,103
- Profit (loss) carried forward -€235,866
down €235,866 (-100.0%), from €235,866 to €0
- Other debts +€208,636
new in 2024: €208,636
- Tax, wage and social debts -€59,703
down €59,703 (-91.9%), from €64,955 to €5,252
- Financial income -€5,548
down €5,548 (-32.0%), from €17,325 to €11,777
- Taxes +€3,898
up €3,898 (+129.9%), from €3,000 to €6,898
- Purchases and services -€2,795
no longer reported in 2024 (was €2,795)
- Financial charges +€790
new in 2024: €790
- Gross operating margin +€73
up €73 (+2.6%), from -€2,795 to -€2,723
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 | €302,821 | €215,888 | -€86,933 | -28.7% |
| Current assets | 29/58 | €302,821 | €215,888 | -€86,933 | -28.7% |
| Amounts receivable within one year | 40/41 | €292,137 | €208,034 | -€84,103 | -28.8% |
| Trade receivables | 40 | €55,448 | €55,448 | +€0 | 0.0% |
| Other amounts receivable | 41 | €236,689 | €152,586 | -€84,103 | -35.5% |
| Cash at bank and in hand | 54/58 | €10,684 | €7,854 | -€2,830 | -26.5% |
| Total equity and liabilities | 10/49 | €302,821 | €215,888 | -€86,933 | -28.7% |
| Equity | 10/15 | €237,866 | €2,000 | -€235,866 | -99.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €235,866 | €0 | -€235,866 | -100.0% |
| Amounts payable | 17/49 | €64,955 | €213,888 | +€148,933 | +229.3% |
| Amounts payable within one year | 42/48 | €64,955 | €213,888 | +€148,933 | +229.3% |
| Taxes, remuneration and social security | 45 | €64,955 | €5,252 | -€59,703 | -91.9% |
| Taxes | 450/3 | €64,955 | €5,252 | -€59,703 | -91.9% |
| Other amounts payable | 47/48 | - | €208,636 | +€208,636 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,795 | - | -€2,795 | |
| Non-recurring operating charges | 66A | - | €28,597 | +€28,597 | |
| Gross operating margin | 9900 | -€2,795 | -€2,723 | +€73 | +2.6% |
| Operating profit (loss) | 9901 | -€2,795 | -€31,319 | -€28,524 | -1020.5% |
| Financial income | 75/76B | €17,325 | €11,777 | -€5,548 | -32.0% |
| Recurring financial income | 75 | €17,325 | €11,777 | -€5,548 | -32.0% |
| Financial charges | 65/66B | - | €790 | +€790 | |
| Recurring financial charges | 65 | - | €790 | +€790 | |
| Profit (loss) for the period before taxes | 9903 | €14,530 | -€20,332 | -€34,862 | |
| Income taxes | 67/77 | €3,000 | €6,898 | +€3,898 | +129.9% |
| Profit (loss) for the period | 9904 | €11,530 | -€27,230 | -€38,760 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,530 | -€27,230 | -€38,760 |
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.